Robots manufacture auto parts at a factory in Ningde, China, on Oct. 17, 2024. Nurphoto | Nurphoto | Getty Images China’s industrial profits slipped 1.5% from a year earlier in July, marking a notable recovery following months of steeper declines as Beijing’s campaign against price wars helped improve companies’ margins. Profits at major industrial firms…
SHANGHAI, CHINA – AUGUST 14, 2025 – Tourists are visiting the Bund in Shanghai, China on August 14, 2025. Cfoto | Future Publishing | Getty Images China’s economy lost momentum in July, with growth faltering across the board, as weak domestic demand persisted and Beijing intensified efforts to curb excess capacity. Retail sales last month…
The Tokyo Tower stands amid buildings at dusk in Tokyo, Japan. Bloomberg | Bloomberg | Getty Images Japan’s economy expanded 0.3% in the second quarter of 2025 compared to the first three months of the year, beating forecasts despite tariff headwinds out of the United States. This was compared to the revised 0.1% growth seen…
Australia unemployment rate eases to 4.2% in July Australia’s unemployment rate eased to 4.2% on a seasonally-adjusted basis in July, in line with estimates of economists polled by Reuters. The reading was lower than the 4.3% recorded in June, data released by the Australian Bureau of Statistics on Thursday showed. Meanwhile, the number of employed…
Shoppers purchase groceries at the upscale LuLu Hypermarket located in the Lulu International Shopping Mall in Kerala, India, on May 25, 2022. Nurphoto | Nurphoto | Getty Images India’s consumer inflation continued to ease in July, dropping for a ninth straight month to 1.55%, below analysts’ estimates, government data showed Tuesday. The headline inflation rate…
Australia’s central bank said on Wednesday that monetary policy was restrictive with the current cash rate causing financial pain for many households, but it could not rule out further tightening if necessary to tame inflation. Pavlo Gonchar | Lightrocket | Getty Images Australia’s central bank cut its policy rate by 25 basis points on Tuesday,…
Australian stocks extend gains to fresh record high Australian stocks extended their gains for a second day, reaching a new record high. The 200-stock benchmark S&P/ASX 200 rose 0.14% to 8,856.80 as of 10.48 a.m. Australian Eastern Standard Time (8:48 p.m. ET Monday), after hitting a fresh high of 8,828.67 earlier in the session. Stock…
Asia-Pacific markets start the day mixed Asia-Pacific markets opened mixed Thursday. As of 8.06 a.m. Singapore time (8.08 p.m. ET Wednesday), Japan’s Nikkei 225 benchmark was flat while the broader Topix index ticked up 0.19%. In South Korea, the Kospi index fell 0.12% while the small-cap Kosdaq was unchanged. Over in Australia, the S&P/ASX 200 benchmark was flat….
Women (silhouetted) walk past Reserve Bank of India (RBI) logo displayed at Global Fintech Fest exhibition in Mumbai. Sopa Images | Lightrocket | Getty Images India’s central bank kept its policy rate steady at 5.5% Wednesday in the face of rising tariff threats from U.S. President Donald Trump. The move was in line with expectations…
Asia-Pacific markets start the day lower Asia-Pacific markets started the day mixed Monday. Japan’s Nikkei 225 benchmark plunged 2.05%, while the broader Topix index declined by 1.86% as of 8:11 a.m. Singapore time (8:11 p.m. ET Sunday). In South Korea, the Kospi index ticked up 0.13%, while the small-cap Kosdaq added 0.53%. Over in Australia, the S&P/ASX 200 benchmark fell 0.21%….
