A weakening yuan tests Beijing’s resolve as Trump tariff threats loom

YINAN, CHINA – DECEMBER 26 2024: A worker counts RMB banknotes during a gathering to distribute the yearly dividend to members of an agricultural co-operative in Yinan county in east China’s Shandong province Thursday, Dec. 26, 2024.  Wang Yanbing | Future Publishing | Getty Images The Chinese yuan is widely expected to depreciate against an … Read more

China’s fourth-quarter GDP grows at 5.4%, beating market expectations

Railway builders erect a box girder at the site of the standard project in front of the Huning section of the Shanghai-Nanjing-Hefei high-speed railway in Suzhou, Jiangsu province, China, on January 10, 2025.  Costfoto | Nurphoto | Getty Images China’s economy expanded by 5.4% in the fourth quarter, exceeding market expectations, as a flurry of … Read more

Bank of Korea keeps rates unchanged at 3%

The Bank of Korea (BOK) in Seoul on Dec. 28, 2024. Kim Jae-Hwan | Lightrocket | Getty Images South Korea’s central bank Thursday held its benchmark policy rate at 3% in a surprise move, opting to assess changes in domestic and external economic conditions after having delivered two back-to-back cuts in its previous meetings. Economists … Read more

India’s inflation slows to lower-than-expected 5.22% in December

People buy vegetables at a vegetable market in Siliguri, India, on December 28, 2024. Nurphoto | Nurphoto | Getty Images India’s annual inflation declined for a second straight month year on year, coming in just below expectations at 5.22% in December, boosting the case for prospective interest rate cuts. Analysts polled by Reuters had forecast … Read more

China’s December imports records a surprise jump, exports beat expectations

An aerial view of a container ship leaving the dockyard in Qingdao in east China’s Shandong province. Future Publishing | Future Publishing | Getty Images China’s trade data in December beat expectations by a large margin, with exporters continuing to frontload shipments as worries over additional tariffs mount, while the country’s stimulus measures seem to … Read more

Asian markets set to resume trading after New Year’s Day holiday

Singapore city skyline on September 18, 2016. Rustam Azmi | Getty Images News | Getty Images Asian stocks traded mixed on Thursday as several major markets resumed trading after New Year’s Day holiday. China’s Caixin/S&P Global manufacturing purchasing managers’ index for December fell to 50.5, missing economists’ forecast of 51.7 in a Reuters poll. PMI … Read more

China manufacturing data, South Korea CPI

A worker assembling a loader transmission mechanism at a manufacturer in Qingzhou, China. Nurphoto | Nurphoto | Getty Images Asia-Pacific markets fell Tuesday as China’s manufacturing growth missed expectations, but the country’s benchmark CSI 300 closed the year higher, ending three years of losses. Hong Kong’s Hang Seng Index, which ended a shortened trading day … Read more

China’s December factory activity growth misses expectations

A worker welds at an agricultural machinery manufacturing enterprise in Qingzhou Economic Development Zone in Qingzhou, China, on August 31, 2024. Costfoto | Nurphoto | Getty Images China’s factory activity growth in December missed analysts’ expectations Tuesday, signaling that Beijing’s stimulus measures were not sufficient to meaningfully boost the country’s ailing economy. The country’s official … Read more

Jeju Air, South Korea industrial output

Sunrise scene of Seoul downtown city skyline, Aerial view of N Seoul Tower at Namsan Park in twilight sky in morning. The best viewpoint and trekking from inwangsan mountain in Seoul city, South Korea Mongkol Chuewong | Moment | Getty Images Asia-Pacific markets were mixed on the penultimate trading day of this year, after Wall … Read more

Tokyo CPI, China industrial profit

Train loaded with coal ready to leave a coal mine belonging to China Energy Investment Corporation on Jan. 14, 2023 in Ejin Horo Banner, Ordos City, Inner Mongolia Autonomous Region of China. Wang Zheng | Visual China Group | Getty Images Asia-Pacific markets were mixed Friday, as some markets return from the Boxing Day holiday … Read more