South Korean stocks rise 2% to lead gains in Asia after opposition leader wins presidential election

Landscape of Songdo International City. Incheon, South Korea. Photograph By Kangheewan. | Moment | Getty Images Asia-Pacific markets advanced Wednesday after Wall Street rose on the back of a tech rally, led by chipmaker Nvidia, with South Korean stocks leading gains. Shares in the artificial intelligence darling advanced nearly 3%, extending Monday’s gains and driving…

China’s May factory activity unexpectedly shrinks as tariffs bite — worst drop since 2022

JIMO, CHINA – MAY 21: Car bodies are assembled at a factory of FAW-Volkswagen Automotive Co., Ltd Qingdao Branch on May 21, 2025 in Jimo, Qingdao City, Shandong Province of China. Visual China Group | Getty Images China’s manufacturing activity in May shrank at its fastest pace since September 2022, a private survey showed Tuesday,…

Asia-Pacific markets rise after Wall Street looks past global trade frictions

Aaron Foster | The Image Bank | Getty Images Asia-Pacific markets rose Tuesday following gains on all three Wall Street benchmarks overnight, despite mounting global trade frictions. China pushed back against the U.S.’ accusations that it had violated a temporary trade agreement. Instead, the Asian powerhouse blamed Washington for failing to uphold the deal — a…

China counters Trump’s accusations of Geneva trade deal violations, says U.S. undermining consensus

Conflict between USA and China, male fists – governments conflict concept Yaorusheng | Moment | Getty Images China on Monday refuted Washington’s claims that it had broken the Geneva trade agreement, instead accusing the U.S. for breaching deal terms, signaling talks between the worlds top two economies have taken a turn for the worse. Trade…

China’s industrial profits rise at faster pace in April despite trade tensions, deflationary pressures

An employee works on a vehicle crankshaft production line at a factory which produces engine parts in Binzhou, in eastern China’s Shandong province on March 14, 2025. Str | Afp | Getty Images China’s industrial profits rose for a second straight month in April, official data showed Tuesday, with their growth improving despite prohibitive U.S….

Asia-Pacific markets set for muted open as investors assess Trump’s tariff plans

Overlooking the city with Busan Tower in Yongdusan Park. Nampo-dong, Busan, South Korea. Jungang Yan | Moment | Getty Images Asia-Pacific markets are set to have a muted open Tuesday, as investors assessed U.S. President Donald Trump’s postponement of 50% tariffs on European Union imports. Japan’s benchmark Nikkei 225 was set to open slightly higher, with the futures…

Asia-Pacific markets set to trade flat as Trump’s tariff threats on Apple and the EU dent investor sentiment

A customer places a Japanese 10,000 yen banknote on a checkout counter while making a purchase at an Akidai YK supermarket in Tokyo, Japan, on Monday, June 27, 2022. Kiyoshi Ota | Bloomberg | Getty Images Asia-Pacific markets are set to trade mixed Monday, trailing losses on all three key benchmarks on Wall Street last…

China says U.S. dialogue to continue as China hints trade talks are advancing

Trade tensions between the world’s two largest economies have escalated in the last two weeks. Dilara Irem Sancar | Anadolu | Getty Images The U.S. and China have agreed to maintain communication following a call between Chinese Vice Foreign Minister Ma Zhaoxu and U.S. Deputy Secretary of State Christopher Landau, according to a brief readout…

Xpeng shares soar 10% in Hong Kong as Chinese carmaker forecasts upbeat revenue

Guangzhou-based Xpeng is one of several Chinese electric car companies that’s started to expand overseas. Feature China | Future Publishing | Getty Images Chinese electric-vehicle maker Xpeng saw its shares in Hong Kong surge over 10% Thursday following upbeat earnings and stronger-than-expected revenue forecast for the second quarter. Its shares soared as much as 10.2%…