- August 21st, 2025
Asian stocks edged lower on Wednesday, reflecting investor apprehensions as a strong U.S. dollar kept the yen pinned near six-month lows. Market sentiment was dampened by the realization that the Federal Reserve may be slow to reduce interest rates, following...
In an unprecedented move, Tencent Holdings Ltd., China’s most valuable tech giant, executed its largest share buyback in nearly two decades following a steep selloff triggered by its addition to a U.S. blacklist for alleged ties to the Chinese military....
Asian shares gained momentum on Tuesday following a second consecutive day of rallies on Wall Street, driven by optimism around technology stocks and a reduction in fears over potential tariff hikes. This shift in market sentiment came after former U.S....
The United States and China, two of China’s largest state-owned enterprises, Cnooc Ltd. and Cosco Shipping Holdings Co., have been blacklisted by the US government. The decision, announced via a Federal Register filing on Tuesday, identifies these companies as Chinese...
Asian markets, shares rose on Tuesday, influenced by Wall Street's upbeat performance and tempered expectations about the incoming U.S. administration's tariff strategies. Investors speculated that President-elect Donald Trump might adopt a less aggressive trade stance than he pledged during his...
On the Korean Peninsula, North Korea fired an intermediate-range ballistic missile (IRBM) on Monday, coinciding with US Secretary of State Antony Blinken's visit to Seoul. The launch, which sent the missile flying over 1,100 kilometers east before it splashed down...
Oil prices surged to their highest levels in nearly three months on Monday, driven by a more positive sentiment in broader financial markets and tight supplies from key producing regions. Brent crude hovered below $77 a barrel after reaching a...
Shares in Nippon Steel Corp., Japan's largest steelmaker, fell over 1% on Monday following U.S. President Joe Biden's decision to block its proposed $14.9 billion acquisition of U.S. Steel. Citing national security concerns, Biden’s move, which came after a year-long...
Asian markets experienced a tumultuous start to the week, with a key gauge of regional currencies plummeting to its lowest level in nearly two decades against the U.S. dollar. The equity markets saw mixed performances amid thin holiday trading, as...
U.S. Secretary of State Antony Blinken arrived in Seoul late Sunday evening, initiating a high-stakes diplomatic mission aimed at navigating the political turmoil engulfing South Korea. His visit underscores the Biden administration's commitment to maintaining robust alliances in the Asia-Pacific...
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