Asian Markets
LATEST NEWS FROM ASIAN MARKETS
Asian Markets
China's youth jobless rate drops in April to 15.8%
The jobless rate for 16-to-24-year-olds in Chinese cities dropped in April to 15.8% from 16.5% in March, according to data from the National Bureau of Statistics on Tuesday.
Asian Markets
China's state banks will cut deposit rates on Tuesday, sources say
China's major state banks will cut their deposit rates from Tuesday, three people with knowledge of the matter said, easing pressure on profitability as China reduces lending rates...
Asian Markets
China property investment falls 10.3% y/y in January-April
Property investment in China fell 10.3% in the first four months of 2025 from a year earlier, following a drop of 9.9% in the first quarter, official data showed on Monday.
Asian Markets
China struggles to lift home prices as April shows no growth
China's new home prices were unchanged in April from a month earlier for a second month, official data showed on Monday, extending the no-growth trend to nearly two years despite p...
Asian Markets
US Vice President Vance discusses trade with Canada's Carney
U.S. Vice President JD Vance discussed fair trade policies with Canada's Prime Minister Mark Carney on Sunday in Rome, Vance's office said in a statement as the two nations try to ...
Asian Markets
Japan's April core inflation likely sped up to fastest pace in two years: Reuters poll
Japan's April core inflation probably rose at its fastest pace in two years on the reduction of energy subsidies and higher food costs, a Reuters poll showed, adding to pressure on...
Asian Markets
China's CATL raises $4.6 billion in Hong Kong listing, term sheet shows
Chinese battery giant CATL has raised $4.6 billion in its Hong Kong listing, the largest listing globally so far for 2025.
Asian Markets
India's LT Foods posts higher quarterly profit on strong demand
India's LT Foods , which makes the Daawat and Royal brands of basmati rice, posted a 7.9% rise in fourth-quarter profit on Thursday, on strong demand.
Asian Markets
India's IRFC receives approval to issue deep-discount debt, government document shows
India's Railway Finance Corp (IRFC) has received government approval to raise up to 100 billion rupees ($1.17 billion) through deep-discount bonds, a corporate bond structure that ...
Asian Markets
Japan's megabanks forecast more record profits despite tariff uncertainty
Japan's three largest banking groups posted record annual net profit in the last financial year, benefitting from increased corporate activity due to the end of deflation in Japan.
Asian Markets
BOJ to pause rate hikes through September amid Trump uncertainty - Reuters poll
Most economists now expect the Bank of Japan will hold interest rates through September as it pauses to assess the effects of U.S. tariffs, a Reuters survey showed, although a slig...
Asian Markets
Thai growth likely slowed in first quarter on weak investment and consumption
Economic growth in Thailand likely slowed in the first quarter, weighed down by subdued private investment, weaker household consumption and a drop in tourism, according to a Reute...
Asian Markets
India's SBI to consider $3 billion fundraise during fiscal 2026
India's top lender State Bank of India will consider raising $3 billion through a public offer or private placement of foreign currency bonds during financial year 2026, it said on...
Asian Markets
Saudi Arabia's PIF strikes multi-billion investment deals with US asset managers
Saudi Arabia's sovereign wealth fund Public Investment Fund on Wednesday announced it has struck multi-billion deals with U.S.-based asset management giants Franklin Templeton and ...
Asian Markets
India's Shree Cement just misses profit view as higher costs bite into record sales volume
India's Shree Cement posted a fourth-quarter profit that fell just shy of analysts estimates on Wednesday, as record sales volumes were outweighed by higher expenses and a bigger t...
Asian Markets
China April bank lending tumbles more than expected amid trade war
China's new bank loans tumbled more than expected in April as a protracted trade war with the United States further eroded the market's appetite during a typically slow month for l...
Asian Markets
Japan's SMFG posts record annual profit despite Q4 tumble
Japan's second-largest banking group Sumitomo Mitsui Financial Group posted a 75% slump in fourth-quarter net profit but still hit a record 1.18 trillion yen profit for the year on...
Asian Markets
Pakistan receives second tranche under extended fund facility from IMF, cenbank says
Pakistan has received the second tranche of special drawing rights worth 760 million ($1,023 million) from the International Monetary Fund under the extended fund facility programm...
Asian Markets