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 climbed Wednesday, after all three key benchmarks on Wall Street advanced overnight on optimism that U.S.-China trade tensions could ease. This comes after U.S. President Donald Trump indicated that…
As the dollar falters, the world’s central banks tread a tightrope — devalue their currency or not The dollar has been sliding and the ripple effects on other currencies has brought a mix of relief and headache to central banks around the world. Uncertainty about U.S. policymaking has led to a flight out of the…
A Chinese flag flies high over The Bund. Liu Liqun | Corbis Documentary | Getty Images Asia-Pacific markets traded mixed Monday as China’s central bank held rates at a time when the yuan has come under pressure due to Beijing-Washington trade tensions. Mainland China’s CSI 300 rose 0.18% after the People’s Bank of China kept its key…
Anek S | 500px Plus | Getty Images Asia-Pacific markets rose Thursday, breaking ranks with Wall Street which declined sharply after U.S. Federal Reserve Chair Jerome Powell cautioned that the ongoing trade tensions could challenge the central bank’s goals of controlling inflation and spurring growth. Japan’s benchmark Nikkei 225 started the day 0.59% higher, while…
A pedestrian jogs along the Bund across from buildings in Pudong’s Lujiazui Financial District in Shanghai, China, on Thursday, Jan. 2, 2025. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets traded mostly lower Wednesday after Wall Street declined overnight as investors assessed quarterly earnings, while tariff worries continued to weigh on investor sentiment. Japan’s Nikkei…
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 mostly rose Tuesday after all three key benchmarks on Wall Street rose on a tech rally. Japan’s benchmark Nikkei 225 increased 1.02%, while the broader Topix index was advanced…
A Chinese flag flies high over The Bund. Liu Liqun | Corbis Documentary | Getty Images Asia-Pacific markets climbed Monday as U.S. President Donald Trump paused tariffs on some consumer electronics, boosting risk sentiment. Trump exempted smartphones and computers as well as other devices and components such as semiconductors from his new “reciprocal” tariffs, according to a…
A man carrying a kite in the shape of the Chinese national flag walks along the Bund while buildings of Pudong’s Lujiazui financial district in Shanghai, China Bloomberg | Bloomberg | Getty Images Asia-Pacific markets fell Friday, after Wall Street resumed sell-off overnight as trade war tensions between the world’s two largest economies fueled risk-off…
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 rose Thursday, following Wall Street’s biggest burst of buying since 2008 after U.S. President Donald Trump announced a 90-day pause on higher tariffs on all nations bar China. Japan’s…
A drone view shows shipping containers from China, at the China Shipping (North America) Holding Company Ltd. facility at the Port of Los Angeles in Wilmington, California, Feb. 4, 2025. Mike Blake | Reuters Trump tariffs have officially kicked in — and they include a ghastly 104% duty on Chinese imports. Despite growing consternation and…