Buildings in the central business district in Singapore, on Wednesday, Feb. 14, 2024. Singapore’s economy expanded by a slightly more modest pace than initially expected in 2023, as manufacturing activity contracted and services growth slowed. Nicky Loh | Bloomberg | Getty Images Asia-Pacific markets were mixed after Tuesday’s broad sell-off, with traders watching trade data … Read more
An employee works on the assembly line of intelligent machinery at a workshop on March 31, 2024 in Qingzhou, Weifang City, Shandong Province of China. Vcg | Visual China Group | Getty Images China’s economy in the first quarter grew faster than expected, official data released Tuesday by China’s National Bureau of Statistics showed. Gross … Read more
Singapore’s new prime minister Lawrence Wong will be sworn in on May 15, 2024. The current prime minister Lee Hsien Loong announced on April 15 that he will be stepping down and handing the leadership reins to Wong. Ore Huiying | Bloomberg | Getty Images SINGAPORE — Singapore’s Prime Minister Lee Hsien Loong will step … Read more
Employees work in the trading room inside the Mitsubishi UFJ Trust and Banking head office in Tokyo, Japan, on Tuesday, March 19, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets slipped Monday as traders weighed the impact of Iran’s massive drone and missile attacks on Israel over the weekend, with focus also on key … Read more
Customers at a fresh food market in Shanghai, China, on Monday, Aug. 7, 2023. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets tumbled after U.S. inflation for March came in hotter than expected, climbing 3.5% on a year-on-year basis and 0.4% higher compared with the previous month. Economists surveyed by Dow Jones had expected a … Read more
NetEase and Microsoft to bring games back to China Chinese internet technology giant NetEase has teamed up with Microsoft to bring back games by Blizzard Entertainment to the world’s second-largest economy. The move comes after the partnership between the two companies was terminated in 2023 by Blizzard, citing disagreement over intellectual property control. The press … Read more
U.S. Treasury Secretary Janet Yellen attends a press conference at U.S. Ambassador’s residence in Beijing on April 8, 2024. Pedro Pardo | Afp | Getty Images BEIJING — U.S. Treasury Secretary Janet Yellen said Monday that future discussions between the U.S. and China will focus on Beijing’s need to shift its policy on industry and the economy. … Read more
Buildings in Pudong’s Lujiazui Financial District in Shanghai, China, on Monday, Jan. 29, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets were mixed ahead of central bank decisions this week, and inflation numbers from the U.S. and China. The Bank of Korea, the Reserve Bank of New Zealand, the Bank of Thailand and the … Read more
A customer in front of a drugstore in Tokyo, Japan, on Wednesday, Oct. 19, 2022. Soichiro Koriyama | Bloomberg | Getty Images Asia-Pacific markets fell on Friday, led by Japan’s Nikkei 225, mirroring moves on Wall Street after comments from U.S. Federal Reserve officials fueled worries that the central bank could hold off on rate … Read more
A Xiaomi SU7 electric sedan is seen displayed at a regional HQ of Xiaomi in Nanjing in east China’s Jiangsu province. Future Publishing | Future Publishing | Getty Images BEIJING — Shares of Chinese smartphone maker Xiaomi surged 15% when the Hong Kong market opened Tuesday, the first trading day since the company launched its … Read more
