Taiwanese Air Force Mirage 2000 fighter jet is seen on the tarmac of an air force base in Hsinchu

China Ramps Up Military Presence in Waters Around Taiwan, Citing National Defense

Beijing conducts large-scale war games around Taiwan in a show of force, provoking international concern. China deployed aircraft and naval vessels to encircle Taiwan on Monday in military drills aimed at sending a "stern warning" to what Beijing termed "separatist"...
Taiwan Semiconductor Manufacturing Co. (TSMC)

TSMC Expected to Report 40% Leap in Third-Quarter Profits Amid AI Boom

Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contract chipmaker, is on track to report a significant surge in third-quarter profits, driven by unprecedented demand for artificial intelligence (AI) applications. The company is expected to announce a net profit of...
Construction workers in Guizhou province, China

Chinese Markets Grapple with Stimulus Disappointment Amid Sluggish Economic Outlook

Chinese markets recently after Beijing unveiled a highly anticipated stimulus package, which many hoped would mark the start of a much-needed economic recovery for the world’s second-largest economy. Traders were quick to act, sending stock markets soaring across Shanghai and...
North Korean loudspeaker, top left, a military guard post, top right, and a South Korean military guard post, bottom, are seen from Paju, South Korea, near the border with North Korea,

South Korea says North Korea Prepares to Destroy Inter-Korean Roads

South Korea's military reported on Monday that it had detected signs of North Korea preparing to destroy sections of inter-Korean roads in the northern part of the peninsula. These roads, no longer in use, were once a symbol of cooperation...
Singapore

Singapore’s Economy Outperforms Expectations with 4.1% Growth in Q3 2024

Singapore’s economy saw robust growth in the third quarter of 2024, with the nation’s gross domestic product (GDP) expanding by 4.1% year-on-year, surpassing economists' expectations. This marks a notable rebound for the city-state, signaling resilience amidst global economic headwinds. According...
Asian Financial Markets

Asian Financial Markets Open Cautiously Amid China’s Underwhelming Finance Briefing, Dropping Factory Prices

The global financial markets kicked off the week on a cautious note as uncertainty over China’s economic recovery deepened following a lackluster briefing from the country’s Finance Ministry. The weekend update from China’s Finance Minister Lan Fo’an, which fell short...
US dollar

Dollar Extends Gains Amid Asia Trading, Overshadowing China’s Weekend Stimulus Announcements

In early Monday trades in Asia, the U.S. dollar extended its recent gains, continuing a trend that has been largely driven by market skepticism about further aggressive rate cuts from the Federal Reserve and disappointment over China’s lackluster weekend stimulus...
Monetary Authority of Singapore (MAS)

Singapore’s Central Bank Holds Firm on Monetary Policy Amid Global Easing Trends

The Monetary Authority of Singapore (MAS) held its monetary settings steady, reflecting the nation's steady economic performance in the third quarter of 2024. As economies worldwide are adopting more relaxed monetary policies in response to cooling inflation, Singapore's decision to...
electronic board showing Japan's Nikkei average and related indices at the Tokyo Stock Exchange in Tokyo

Asian Markets Wobble Amid Thin Holiday Trade, Investors Awaiting China’s Stimulus Clarity

Asian stocks saw little movement in early holiday-thinned trade on Monday, as nervous investors speculated on how markets in mainland China might respond to broad but vague economic stimulus promises from the Chinese government over the weekend. Despite hopes of...
China's Consumer Prices Rise Less Than Expected in September; Factory-Gate Charges Continue Decline for 24th Month

Goldman Sachs Raises China’s Growth Forecasts for 2024 and 2025 Following New Economic Stimulus Measures

Beijing’s efforts to shore up economic growth are boosting investor sentiment as Goldman Sachs revises its growth projections for China’s economy. Goldman Sachs Group Inc. has upgraded its forecasts for China’s economic growth in 2024 and 2025, citing fresh policy...
Loading posts...

All posts loaded

No more posts