Asia stocks set to bounce; Aussie shares hit near 2-year highs

A man in a mask is seen in front of The Australian Stock Exchange logo on March 13, 2020 in Sydney, Australia. Jenny Evans | Getty Images Asia-Pacific stocks bounced Wednesday, with Australia stocks hitting a near two-year high, as more markets return from a Christmas break. Australia’s S&P/ASX 200 index gained 0.8% to hit … Read more

Asia markets subdued, Japan top performer of 2023

Pedestrians cross a street in front of the Tokyo Stock Exchange, operated by Japan Exchange Group, in Tokyo, Japan. Toru Hanai | Bloomberg | Getty Images China led declines in Asia-Pacific stock markets Tuesday in a holiday-shortened week, with Australia, New Zealand and Hong Kong markets closed for Boxing Day holiday. Japan’s Nikkei 225 rose … Read more

Tencent, Netease shares plummet on new China online gaming guidelines

A large number of people watch the live broadcast of the 2023 League of Legends Global Finals in Yantai, Shandong Province, China, Nov 19, 2023. (Photo by Costfoto/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Tencent and Netease shares plunged on Friday after China released draft guidelines aimed at curbing incentives that may … Read more

Live updates, BOJ minutes, Japan CPI

People take pictures with festive light installations, ahead of the Christmas season in Tokyo’s Hibiya area on December 21, 2023. (Photo by Philip FONG / AFP) (Photo by PHILIP FONG/AFP via Getty Images) Philip Fong | Afp | Getty Images Asia-Pacific markets rose Friday, with the Bank of Japan’s October meeting minutes showing board members … Read more

Alibaba CEO Eddie Wu to lead e-commerce business in latest reshuffle

Trader works at the post where Alibaba is traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 28, 2023. REUTERS/Brendan McDermid Brendan Mcdermid | Reuters BEIJING — Alibaba Group CEO Eddie Wu is taking over the top role at the company’s Taobao and Tmall e-commerce business, replacing … Read more

An earthquake in northwestern China kills at least 126 people in nation’s deadliest quake in 9 years

Rescuers conduct search and rescue operations after an earthquake on Dec. 19, 2023 in the Gansu province of China. Jia Shengyan | Visual China Group | Getty Images A strong overnight earthquake rattled a mountainous region of northwestern China, authorities said Tuesday, destroying homes, leaving residents out in a below-freezing winter night and killing 126 people … Read more

Bank of Japan sticks to ultra-easy monetary policy in light of ‘high uncertainties’

Kazuo Ueda, governor of the Bank of Japan (BOJ), gestures as he speaks during a news conference at the central bank’s headquarters in Tokyo, Japan, on Tuesday, Oct. 31, 2023. Kiyoshi Ota | Bloomberg | Getty Images The Bank of Japan left its ultra-loose monetary policy unchanged at its final policy meeting this year in … Read more

Landmark national security trial opens in Hong Kong for Jimmy Lai

Jimmy Lai, Apple Daily founder, arrives at the Court of Final Appeal ahead a bail hearing on February 9, 2021 in Hong Kong. Anthony Kwan | Getty Images A landmark national security trial opened Monday in Hong Kong for prominent activist and publisher Jimmy Lai, who faces a possible life sentence if convicted under a law … Read more

Asia stock markets today: Live updates

Fraser Hall | The Image Bank | Getty Images Asia-Pacific markets dipped Monday at the start of the penultimate week of 2023, after most markets in the region rallied last week following the U.S. Federal Reserve’s decision to hold rates and its roadmap for rate cuts in 2024 and 2025. The Bank of Japan will … Read more

industrial output at highest in nearly two years

View of Shanghai skyline from a container station. Yaorusheng | Moment | Getty Images China posted its biggest industrial output expansion in November since February 2022, though retail sales growth figure underwhelmed expectations pointing to a patchy recovery in the world’s second-largest economy. China’s industrial output grew 6.6% in November, outpacing expectations for 5.6% in … Read more