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Tag: Breaking News: Asia

Japan’s Shigeru Ishiba suggests he intends to stay on as PM after ruling coalition loses majority

Japan’s Shigeru Ishiba suggests he intends to stay on as PM after ruling coalition loses majority

October 28, 2024October 28, 2024 · World News

Shigeru Ishiba, Japan’s prime minister and president of the Liberal Democratic Party (LDP), at the party’s headquarters following the lower house election, at the party’s headquarters in Tokyo,…

Read more Japan’s Shigeru Ishiba suggests he intends to stay on as PM after ruling coalition loses majority
Chinese finance minister hints at increasing the deficit at highly anticipated briefing

Chinese finance minister hints at increasing the deficit at highly anticipated briefing

October 12, 2024October 12, 2024 · World News

Lan Fo’an, China’s finance minister, center, speaks as Zheng Shanjie, chairman of the National Development and Reform Commission (NDRC), left, and Pan Gongsheng, governor of the People’s Bank…

Read more Chinese finance minister hints at increasing the deficit at highly anticipated briefing
Hong Kong stocks fall as investors digest China economic data, await Fed rate verdict

Hong Kong stocks fall as investors digest China economic data, await Fed rate verdict

September 15, 2024September 15, 2024 · World News

A man walks along The Bund during the passage of Typhoon Bebinca in Shanghai on September 16, 2024. The strongest storm to hit Shanghai in over 70 years…

Read more Hong Kong stocks fall as investors digest China economic data, await Fed rate verdict
Bank of Japan raises benchmark interest rate, outlines roadmap for trimming bond buying program

Bank of Japan raises benchmark interest rate, outlines roadmap for trimming bond buying program

July 30, 2024July 30, 2024 · World News

Japan’s central bank has raised its benchmark interest rate to “around 0.25%” from its previous range of 0% to 0.1% and outlined its plan to taper its bond…

Read more Bank of Japan raises benchmark interest rate, outlines roadmap for trimming bond buying program
Modi’s BJP-led alliance projected to win decisive majority in India’s election, exit polls show

Modi’s BJP-led alliance projected to win decisive majority in India’s election, exit polls show

June 1, 2024June 1, 2024 · World News

Supporters of the ruling Bharatiya Janta Party (BJP) holding cut-outs of India’s Prime Minister a Narendra Modi during an election campaign rally in Amritsar on May 30, 2024. …

Read more Modi’s BJP-led alliance projected to win decisive majority in India’s election, exit polls show
HSBC beats expectations in first quarter earnings; CEO Noel Quinn to retire

HSBC beats expectations in first quarter earnings; CEO Noel Quinn to retire

April 29, 2024April 30, 2024 · Banking

The HSBC Holding logo is being displayed on a smartphone with HSBC visible in the background in this photo illustration taken in Brussels, Belgium, on February 20, 2024. …

Read more HSBC beats expectations in first quarter earnings; CEO Noel Quinn to retire
China’s annual parliamentary meeting has ended. Here are the key takeaways

China’s annual parliamentary meeting has ended. Here are the key takeaways

March 11, 2024March 11, 2024 · World News

A soldier in front of the Great Hall of the People on March 11, 2024, the closing day of the National People’s Congress in Beijing, China. Yin Hon…

Read more China’s annual parliamentary meeting has ended. Here are the key takeaways
China’s central bank governor says there’s room to cut banks’ reserve requirements

China’s central bank governor says there’s room to cut banks’ reserve requirements

March 6, 2024March 6, 2024 · World News

China’s central bank governor said there was room to further cut banks’ reserve requirements, and pledged to utilize monetary policy to prop up consumer prices. Bloomberg | Bloomberg…

Read more China’s central bank governor says there’s room to cut banks’ reserve requirements
HSBC posts record annual profit but misses estimates on China write-down, shares tumble 7%

HSBC posts record annual profit but misses estimates on China write-down, shares tumble 7%

February 20, 2024February 21, 2024 · Banking

Customers use automated teller machines (ATM) at an HSBC Holdings Plc bank branch at night in Hong Kong, China, on Saturday, Feb 16, 2019. Anthony Kwan | Bloomberg…

Read more HSBC posts record annual profit but misses estimates on China write-down, shares tumble 7%
China boosts property funding with first cut in key loan rate since June

China boosts property funding with first cut in key loan rate since June

February 19, 2024February 19, 2024 · Business

A staff member counts Chinese Yuan at a bank’s personal finance business service area in Haian, East China’s Jiangsu province, Sept 15, 2023. CFOTO | Future Publishing |…

Read more China boosts property funding with first cut in key loan rate since June
SoftBank’s Vision Fund logs biggest gain in nearly three years as tech valuations recover

SoftBank’s Vision Fund logs biggest gain in nearly three years as tech valuations recover

February 7, 2024February 7, 2024 · Business

Masayoshi Son, CEO of SoftBank, has been weighing up various options for chipmaker Arm after Nvidia walked away from buying the company. Alessandro Di Ciommo | Nurphoto |…

Read more SoftBank’s Vision Fund logs biggest gain in nearly three years as tech valuations recover
China producer prices dip in January for a 16th month; consumer prices see biggest drop since 2009

China producer prices dip in January for a 16th month; consumer prices see biggest drop since 2009

February 7, 2024February 7, 2024 · World News

People shop for Spring Festival ornaments at a market in Zixing city, Central China’s Hunan province, Feb 4, 2024. CFOTO | Future Publishing | Getty Images China’s producer…

Read more China producer prices dip in January for a 16th month; consumer prices see biggest drop since 2009
Alibaba shares whipsaw in premarket trade after revenue miss,  billion boost to buyback plan

Alibaba shares whipsaw in premarket trade after revenue miss, $25 billion boost to buyback plan

February 7, 2024February 7, 2024 · World News

Alibaba is operating in Suqian City, Jiangsu Province, China, on December 29, 2023. Costfoto | Nurphoto | Getty Images Shares of Alibaba initially whipsawed in premarket trade on…

Read more Alibaba shares whipsaw in premarket trade after revenue miss, $25 billion boost to buyback plan
China’s manufacturing activity shrank for the fourth straight month in January

China’s manufacturing activity shrank for the fourth straight month in January

January 30, 2024January 30, 2024 · Business

Banknotes of Renminbi arranged for photography on July 03 2018 in Hong Kong, Hong Kong. S3studio | Getty Images News | Getty Images China’s factory activity contracted for…

Read more China’s manufacturing activity shrank for the fourth straight month in January
Singapore transport minister S Iswaran resigns; faces charges of corruption

Singapore transport minister S Iswaran resigns; faces charges of corruption

January 17, 2024January 17, 2024 · World News

S. Iswaran, Singapore’s transport minister, leaves the Singapore State Courts in Singapore, on Thursday, Jan. 18, 2024. Iswaran was charged with corruption, the latest development in the biggest political…

Read more Singapore transport minister S Iswaran resigns; faces charges of corruption
China skeptic Lai Ching-te wins Taiwan's presidential election

China skeptic Lai Ching-te wins Taiwan's presidential election

January 13, 2024January 13, 2024 · World News

Taiwan’s President-elect Lai Ching-te (left) gestures beside his running mate Hsiao Bi-khim during a rally outside the headquarters of the Democratic Progressive Party (DPP) in Taipei on January…

Read more China skeptic Lai Ching-te wins Taiwan's presidential election
Japan quake toll hits 30 as rescuers race to find survivors

Japan quake toll hits 30 as rescuers race to find survivors

January 1, 2024January 1, 2024 · Business

Firefighters extinguish a fire in Nanao, Ishikawa Prefecture, Japan, early on Tuesday, Jan. 2, 2024. Soichiro Koriyama | Bloomberg | Getty Images At least 30 people were killed…

Read more Japan quake toll hits 30 as rescuers race to find survivors
Tencent, NetEase shares rebound after China regulator's assurance on new rules

Tencent, NetEase shares rebound after China regulator's assurance on new rules

December 26, 2023December 26, 2023 · Business

A mobile phone is displaying the screen of Tencent Games company’s stock plunge in Suqian, Jiangsu Province, China, on December 22, 2023. Costfoto | Nurphoto | Getty Images…

Read more Tencent, NetEase shares rebound after China regulator's assurance on new rules
Generative AI will have four major effects on banks, McKinsey & Company says

Generative AI will have four major effects on banks, McKinsey & Company says

December 25, 2023December 25, 2023 · Banking

Violet Chung of McKinsey & Company discusses how prepared Asian banks are to adopt generative artificial intelligence. Source link

Read more Generative AI will have four major effects on banks, McKinsey & Company says
Tencent loses over  billion in market value after China proposes new online gaming rules

Tencent loses over $43 billion in market value after China proposes new online gaming rules

December 22, 2023December 22, 2023 · World News

Tencent lost about $43.5 billion in market value on Friday after China surprised financial markets with a fresh set of rules aimed at curbing excessive gaming and spending.…

Read more Tencent loses over $43 billion in market value after China proposes new online gaming rules
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