Asian Markets
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Asian Markets
China property developer Seazen says it will explore real-world asset tokenization
Chinese property developer Seazen Group is setting up an institute in Hong Kong to push forward real-world asset (RWA) tokenization, it said on Friday, a process that converts asse...
Asian Markets
Instant View: Analyst reaction to Thai court sacking PM Paetongtarn Shinawatra
Thailand's Constitutional Court dismissed Prime Minister Paetongtarn Shinawatra from office on Friday for an ethics violation after only a year in power, catapulting the Southeast ...
Asian Markets
Top China bank ICBC posts 1.4% H1 profit fall
Industrial and Commercial Bank of China Ltd (ICBC), (ICBC), the world's largest lender by assets, reported on Friday a 1.4% drop in the first-half net profit.
Asian Markets
Agricultural Bank of China first-half profit rises 2.7%
Agricultural Bank of China's first-half net profit rose 2.7% to 139.510 billion yuan ($19.5 billion), it said in a Hong Kong Stock Exchange filing on Friday.
Asian Markets
Japan July factory output falls more than expected, retail sales disappoint
Japan's factory output fell 1.6% in July from the previous month, worse than a median market forecast for a 1.0% fall, government data showed on Friday.
Asian Markets
Japan's output falls as US tariffs bite, inflation slows
Japan's factory output slumped in July as U.S. tariffs bite and a leading indicator of nationwide inflation slowed, data showed on Friday, complicating the central bank's decision ...
Asian Markets
Chinese banks face profit squeeze as loan growth falters
Top Chinese banks' first-half results on Friday will underline the impact of slowing loan growth in a deflationary economy, a piling up of bad loans as defaults by small businesses...
Asian Markets
China's industrial profits extend decline as demand, deflation woes take toll
China's industrial profits fell for a third consecutive month in July, as businesses struggled in the face of subdued demand and persistent factory-gate deflation despite policy me...
Asian Markets
China's Ping An Insurance eyes more investment in high-yield, high-tech stocks, CEO says
China's Ping An Insurance plans to further invest in shares to boost its portfolio return while staying cautious about Chinese economic growth, Co-CEO Michael Guo told Reuters.
Asian Markets
Japan ministry to request record sum for debt-servicing costs, draft shows
Japan's finance ministry is planning to request a record $220 billion for debt-servicing costs in next financial year's budget as the world's No. 4 economy faces rising interest ra...
Asian Markets
BOJ's Ueda expects tightening job market to push up wages
Bank of Japan Governor Kazuo Ueda said wage hikes are spreading beyond large firms and likely to keep accelerating due to a tightening job market, signaling his optimism that condi...
Asian Markets
Dongfeng Motor to privatise Hong Kong unit, spin off EV arm amid China price wars
Chinese state-owned automaker Dongfeng Motor Corp said on Friday it would take its Hong Kong-listed unit, Dongfeng Motor Group , private in a deal valued at HK$55.13 billion ($7.06...
Asian Markets
Japan's core inflation slows in July, stays above BOJ target
Japan's core inflation slowed for a second straight month in July but stayed above the central bank's 2% target, keeping alive market expectations for another interest rate hike in...
Asian Markets
Japan to raise assumed bond interest rate for 2026/27 budget, Yomiuri reports
Japan's Ministry of Finance is preparing to raise its assumed interest rate for long-term government bonds at 2.6% for fiscal 2026/27 budget requests, marking the highest level in ...
Asian Markets
ADB to provide $410 million package for Barrick-run Pakistan mine, sources say
The Asian Development Bank will provide a $410 million financing package to help develop Pakistan's Reko Diq copper mine, one of the world’s largest untapped deposits, which will b...
Asian Markets
Exclusive: China considering yuan-backed stablecoins to boost global currency usage, sources say
China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a ...
Asian Markets
BOJ to raise interest rates again in Q4, possibly in October, say economists - Reuters poll
The Bank of Japan will raise its key interest rate by at least 25 basis points again later this year, according to nearly two-thirds of economists in a Reuters poll, up from just o...
Asian Markets
Japan's factory activity extends declines in August, PMI shows
Japan's manufacturing activity contracted for the second month in August as U.S. tariffs weighed on overseas demand, a private-sector survey showed on Thursday.
Asian Markets