Asian Markets
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Asian Markets
China July bank loans unexpectedly contract for first time in 20 years
China’s new yuan loans contracted in July for the first time in 20 years as the economy struggled, falling well short of analysts' forecasts, but improvements in broader credit gro...
Asian Markets
Instant view: India's annual retail inflation slows to 1.55% in July
India's retail inflation in July eased below 2% for the first time in eight years, on the back of falling prices of food items including vegetables and pulses, hurting some farmers...
Asian Markets
China Evergrande liquidators say $255 million of assets have been sold
Liquidators of China Evergrande Group said on Tuesday they have sold about $255 million of its assets 18 months into China's largest debt liquidation process and taken control of m...
Asian Markets
Singapore's Wilmar International first-half profit misses estimates
Singaporean food conglomerate Wilmar International missed expectations for first-half core net profit on Tuesday, hurt by weakness in its feed and industrial products segment. The ...
Asian Markets
Tencent Music beats second-quarterly estimates as content expansion boosts demand
Tencent Music Entertainment beat estimates for second-quarter revenue on Tuesday as an expanded content library drove higher user engagement and robust subscriber growth in its onl...
Asian Markets
State-backed developer China South City gets liquidation order
China South City 1668.HK on Monday became the first state-backed property developer to get a liquidation order from the Hong Kong High Court since the Chinese property sector tippe...
Asian Markets
Philippine central bank governor confident inflation will hit 2% in 2025
The Philippine central bank is confident of achieving a 2% inflation rate this year, the lower end of its 2% to 4% target range, Governor Eli Remolona said on Monday.
Asian Markets
High-profile Chinese dealmaker Bao Fan released from detention after two years, source says
Bao Fan, star dealmaker and founder of boutique investment bank China Renaissance Holdings , has been released more than two years after being detained by Chinese authorities, acco...
Asian Markets
Japan's Topix tops 3,000 for first time on tariff clarity; SoftBank soars
Japan's Topix index climbed above the key psychological mark of 3,000 points for the first time on Friday, underpinned by clarity over U.S. tariffs and a run of strong earnings rep...
Asian Markets
Singapore's Sembcorp posts stable interim earnings; hikes dividend
Singapore's Sembcorp Industries reported a mostly steady net profit on Friday, as a dip in earnings contribution from its gas and related services segment was offset by a jump in b...
Asian Markets
BOJ may be behind the curve on inflation risk, government council member says
The Bank of Japan may be behind the curve in dealing with the risk of high inflation, one private sector member of the government's top economic council was quoted as saying on Thu...
Asian Markets
S&P affirms China's sovereign credit rating at A+ with stable outlook
Ratings agency S&P Global on Thursday affirmed China's long-term credit rating at A+ and said its strong fiscal stimulus will keep economic growth resilient amid headwinds from the...
Asian Markets
China's central bank extends gold purchases to ninth straight month in July
China's central bank added gold to its reserves in July, its ninth consecutive month of purchases, official data showed on Thursday.
Asian Markets
China soybean imports hit record July high on strong Brazil exports, US trade uncertainties
China's soybean imports rose to the highest ever for the month of July, a Reuters calculation of customs data showed on Thursday, driven by strong Brazilian exports and ongoing Chi...
Asian Markets
Japan's steel output may sink to lowest since 1968 as US tariff risks loom
Kobe Steel , Japan's No. 3 steelmaker, on Thursday reported a 3% fall in quarterly crude steel output due to lower prices and the potential impact of U.S. tariffs on car production...
Asian Markets
China's July imports of soybeans, crude oil rise
China's imports of soybeans and crude oil rose in July from a year earlier, while those of coal and iron ore fell, customs data showed on Thursday.
Asian Markets
China rare earth exports slid in July after hitting peak in prior month
Rare earth exports from China slumped 23% in July after hitting a record a month earlier, customs data showed on Thursday, although the preliminary data is too incomplete to draw f...
Asian Markets
Bank of Korea governor says US trade deal removes 'huge burden'
South Korea's trade deal with the U.S. will "take a huge burden off" monetary policymakers at their upcoming meeting later this month, the country's central bank governor said on T...
Asian Markets