The view of Nanjing Road East Pedestrian Mall, the main shopping street in Shanghai. Bruce Yuanyue Bi | The Image Bank | Getty Images Asia-Pacific markets traded mixed as investors assessed the phone call between U.S. President Donald Trump and Chinese President Xi Jinping. Trump and Xi spoke on Thursday and agreed that officials from…
People walking through the neon lit night streets of Sinchon in the heart of Seoul, South Korea’s vibrant capital city. Fotovoyager | E+ | Getty Images Asia-Pacific markets traded mixed after President Donald Trump told U.S. steelworkers late Friday that he will double tariffs on steel imports to 50%, effective from Wednesday. Japan’s benchmark Nikkei…
Hongdae street in Seoul city, South Korea Twenty47studio | Moment | Getty Images Asia-Pacific markets mostly rose Thursday after a U.S. federal court ruled that President Donald Trump exceeded his authority with his “reciprocal” tariffs, dealing a blow to a major tenet of the president’s economic agenda. South Korea’s Kospi rose 1.76% and the small-cap…
Shanghai urban skyline and the bund, China. Comezora | Moment | Getty Images Asia-Pacific markets climbed Wednesday, tracking Wall Street gains on investor optimism after U.S. President Donald Trump extended the deadline for a 50% tariff on European Union imports until July 9. Japan’s benchmark Nikkei 225 rose 1.06%, while the Topix added 0.88%. South…
The upscale shopping district of Ginza in Tokyo, Japan, on Saturday, May 4, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets mostly climbed Friday as investors assess a slew of economic data from the region. Japan’s benchmark Nikkei 225 rose 0.48% at the open and the Topix climbed 0.5%. South Korea’s Kospi rose 0.36% while…
Emerging markets said to see the next bull run as the ‘sell U.S.’ narrative gains ground Emerging markets stocks are in the spotlight again as the “sell U.S.” narrative gains fresh momentum, following Moody’s recent downgrade of the U.S. credit rating. The Bank of America heralded emerging markets as “the next bull market” recently. “Weaker…
Pedestrians walking across a crowded traffic at Shibuya crossing square in Tokyo, Japan. Jaczhou | E+ | Getty Images Asia-Pacific markets traded mostly higher Wednesday after Wall Street halted its six-day win streak. Japan’s benchmark Nikkei 225 slipped 0.61% to close at 37,298.98 after the country reported that exports slowed for a second straight month…
CNN — Former world No. 1 Naomi Osaka intends to return to professional tennis in 2024, the 25-year-old said in an interview with ESPN on Wednesday. The four-time major champion – who welcomed a baby girl in July with her boyfriend, rapper Cordae – said she plans to play a busy schedule next year. “It’s…
