Asia

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2 Hours Ago China’s real estate slump is predicted to last for years Economists on Wall Street are warning weakness in China’s property market could be a drag on the economy for years to come. “We see persistent weaknesses in the property sector, mainly related to lower-tier cities and private developer financing, and believe there […]

An Hour Ago Samsung, SK Hynix rises on report of U.S. allowing Korea and Taiwan’s chipmakers to stay in China Shares of Samsung Electronics and Taiwan Semiconductor Manufacturing rose on Tuesday after the Wall Street Journal reported the U.S. government plans to allow Korea and Taiwan’s chipmakers to maintain their operations . . .

Taipei, Taiwan – From the United States to the United Kingdom, politicians are pointing to the scourge of child sex abuse to justify a renewed effort to undermine end-to-end encryption. In Asia, human rights groups and privacy advocates are worried the same Western-led campaign against encrypted communications risks undermining the privacy of millions of people […]

U.S. Secretary of Defense Lloyd Austin speaks before a Senate Appropriations hearing on the President’s proposed budget request for fiscal year 2024, on Capitol Hill in Washington, on May 16, 2023. Andrew Harnik/AP hide caption toggle caption Andrew Harnik/AP U.S. Secretary of Defense Lloyd Austin speaks before a Senate Appropriations hearing on the President’s proposed […]

SINGAPORE, June 2 (Reuters) – Asian stocks jumped on Friday on increasing expectations that the Federal Reserve might stand still on rates and after the U.S. Senate passed legislation lifting the government’s $31.4 trillion debt ceiling, avoiding a catastrophic default.

2 Hours Ago India’s economy expands faster than expected from January to March at 6.1% India’s gross domestic product expanded 6.1% year on year from January to March, faster than the 5% expected by economists polled by Reuters. The country’s growth was mostly boosted by government and private capital spending, government data showed. The country’s […]

Success! Well nearly. The US government looks like it won’t run out of money after all, China’s homegrown passenger jet is taking off and India begins a new era for lawmakers. Here are our winners for the week ahead. The big deadline. US President Joe Biden and House Speaker Kevin McCarthy spoke by phone on Saturday evening to help […]

48 Mins Ago Hong Kong’s inflation rate climbs to 2.1% in April Hong Kong’s inflation climbed 2.1% in April from a year earlier, slightly above the 2% expected by economists polled by Reuters. April inflation was also higher than the 1.7% recorded in March. A spokesman for the city’s government said that prices of energy-related […]

President Joe Biden was headed Wednesday for a less extensive-than-desired visit to Asia, cut short by crisis talks with Republicans over the debt ceiling. The truncated trip — during which Biden will visit only Japan — comes as solving a domestic crisis took precedence over Biden’s time on the world stage. The . . .

An Hour Ago U.S.-listed shares of JD.com rise after earnings beat estimates U.S.-listed shares of e-commerce giant JD.com rose after the company beat earnings expectations. China’s second largest e-commerce company closed 7.21% higher after the company reported stronger-than-expected first-quarter earnings. The Alibaba rival saw its net sales for the quarter rising 1.4% year-on-year to 243 […]


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