Oct 8, 2024 | Markets
Former leader has track record of showing support for Taiwan Latest remark is unlikely to signal a change of Japan policy Former Japanese Prime Minister Taro Aso described Taiwan as an important “country” for Japan, breaking with Tokyo’s stance of avoiding describing...
Oct 8, 2024 | Markets
Turnover in mainland and Hong Kong bourses jumped to a record Benchmark gauges in Hong Kong slumped by the most since 2008 Stock traders had braced themselves for an unusually busy session when China’s mainland markets reopened on Tuesday after the Golden Week...
Oct 7, 2024 | Markets
Deeper slowdown seen ahead for China despite stimulus boost World Bank says shifting trade, investment also key for region The World Bank expects China’s growth to weaken further in 2025 even with a temporary boost from recent stimulus measures, putting extra strain...
Oct 4, 2024 | Markets
US job growth in September topped all estimates, data showed Traders pull back on wagers on big Fed cuts to come this year Mohamed El-Erian says the Federal Reserve needs to renew its focus on its fight against rising prices after September’s surprisingly hot jobs...
Oct 4, 2024 | Markets
The new tariffs will be in effect for a period of five years China has threatened tariffs on Europe’s car and dairy sectors The European Union voted on Friday to impose tariffs as high as 45% on electric vehicles from China, threatening a broader trade conflict with...
Oct 4, 2024 | Markets
Latest blow follows profit warnings, balance sheet concerns Short sellers are targeting sector, analysts turn more bearish A mild rally in the shares of automakers after the European Union voted to impose tariffs on electric vehicles from China does little to...