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Asian markets rally on US rate cut hopes![]() ![]() Hong Kong (AFP) Aug 25, 2025 Asian markets kicked off the week with a rally on Monday, tracking gains made by Wall Street on Friday after the US central bank chief suggested coming interest rate cuts. Investors weighing the prospects of a September reduction had been closely eyeing the speech by Federal Reserve Chair Jerome Powell at an annual symposium in Jackson Hole, Wyoming. "The balance of risks appears to be shifting," Powell said, noting a slump in employment even as inflation remains above target. He added t ... read more |
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![]() Hong Kong (AFP) Aug 25, 2025 Shares in heavily indebted China Evergrande Group were taken off the Hong Kong Stock Exchange on Monday, capping a grim reversal of fortune for the once-booming property developer. A committ ... more ![]() ![]() Tokyo (AFP) Aug 23, 2025 Japanese and South Korean leaders agreed to boost cooperation bilateral cooperation in the face of a "challenging" environment, as they met in Tokyo on Saturday. Disputes over territory and ... more ![]() ![]() Hong Kong (AFP) Aug 20, 2025 Asian markets mostly fell Wednesday morning, mirroring a rout of US tech titans the previous day as investors await signals of an interest rate cut in the world's largest economy. The dips a ... more ![]() ![]() Beijing (AFP) Aug 19, 2025 Relations between China and India are on a "positive trend" towards cooperation, Chinese Foreign Minister Wang Yi told his Indian counterpart in New Delhi, according to a readout of the meeting ... more |
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![]() Washington (AFP) Aug 13, 2025 When US President Donald Trump announced tariffs on almost all trading partners in April, Ben Knepler contacted the factory in Cambodia producing his company's outdoor furniture. "Stop production," he ordered. ... more ![]() ![]() London (AFP) Aug 12, 2025 Stock markets rose Tuesday, with Tokyo hitting a record, as investors welcomed the extension of a China-US tariff truce and awaited key US inflation data. ... more ![]() ![]() Washington (AFP) Aug 12, 2025 China and the United States delayed higher tariffs on each other's imports for 90 days, hours before a trade truce between the world's two largest economies was due to expire Tuesday. ... more ![]() ![]() Guangzhou (AFP) Aug 12, 2025 Labourer Shuai Hang went a week without work earlier this year when sky-high US tariffs on Chinese goods overwhelmed the warehouse he works at and slowed the company's US-bound parcels to a trickle. ... more ![]() ![]() Beijing (AFP) Aug 12, 2025 China's President Xi Jinping told his Brazilian counterpart Tuesday the two countries could set an example of "self-reliance" for emerging powers, as trade and geopolitical challenges mount. ... more |
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China says consumer prices stable in July![]() ![]() Beijing (AFP) Aug 9, 2025 Consumer prices in China remained stable in July, official data showed Saturday, providing a respite for the world's second-largest economy, which is facing strong deflationary pressure and fragile domestic demand. The consumer price index - a key measure of inflation - was unchanged year-on-year in July, according to data released by China's National Bureau of Statistics. The reading was better than the 0.1 percent fall forecast in a survey of economists by Bloomberg. Prices nevertheles ... read more ![]() ![]() New Delhi (AFP) Aug 8, 2025 India faces an ultimatum from the United States with major political and economic ramifications both at home and abroad: end purchases of Russian oil or face painful tariffs. ... more |
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![]() Hong Kong (AFP) Aug 8, 2025 Japanese stocks rallied Friday on a broadly negative day for Asian markets, fuelled by relief that Tokyo and Washington had settled a tariff issue that raised concerns about their trade deal. ... more ![]() ![]() Hong Kong (AFP) Aug 7, 2025 Asian equities rose Thursday as investors looked past Donald Trump's threat to impose 100 percent tariffs on semiconductors, with optimism still high that the Federal Reserve will slash interest rates next month. ... more ![]() ![]() Washington (AFP) Aug 7, 2025 The United States began charging higher tariffs on dozens of trading partners Thursday, in a major escalation of President Donald Trump's drive to reshape global commerce in America's favor. ... more ![]() ![]() Washington (AFP) Aug 7, 2025 President Donald Trump's steeper global tariffs came into effect Thursday, leaving dozens of US trade partners scrambling to secure relief from soaring levies that are rewriting global trade practice. ... more ![]() ![]() New Delhi (AFP) Aug 7, 2025 Indian exporters warned on Thursday that the cost of additional US tariffs risked making businesses "not viable" after President Donald Trump ordered steeper levies totalling 50 percent on imported Indian goods. ... more |
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