Asian

Household wealth or net worth is the value of assets owned by every member of the household minus their debt. The terms are used interchangeably in this report. Assets include owned homes, vehicles, financial accounts, retirement accounts, stocks, bonds and mutual funds, and more. Debt refers to home mortgage loans, education loans, credit card balances, […]

But Wang said this might not be the case in 2024 as the U.S. dollar is expected to benefit from forecasts shifting to a soft landing for the U.S. economy rather than a recession.  “The dollar probably could remain somewhat resilient,” Wang told CNBC’s Squawk Box Asia on Wednesday. It will be the U.S. presidential […]

(Bloomberg) — Shares in Asia were primed for a muted open Monday as investors look ahead to US inflation data due Tuesday that is expected to show a further slowing in core prices. Futures for share benchmarks in Australia and Japan fell, while those for Hong Kong inched higher. The moves follow a downbeat end […]

(Bloomberg) — US and European equity futures fell along with Asian stocks, after a reduction in China’s mortgage reference rate failed to dispel concerns about the world’s no. 2 economy. Most Read from Bloomberg Contracts for the S&P 500 and Nasdaq 100 benchmarks retreated after US markets were closed Monday for a holiday. Futures for […]

BANGKOK — Chinese American rapper Bohan Phoenix has straddled both countries in his career. Working with Chinese rappers like the popular Higher Brothers, he has always interspersed English song lyrics with a catchy Chinese chorus. Far from the flex-heavy culture of rap songs in the Top 40, his latest album “Make You Proud” is a heartfelt, bilingual […]

The latest headlines from our reporters across the US sent straight to your inbox each weekdayYour briefing on the latest headlines from across the US Chinese American rapper Bohan Phoenix has straddled both countries in his career. Working with Chinese rappers like the popular Higher Brothers, he has always interspersed English song lyrics with a […]

When Thomas Wong set foot in the United States Embassy in Beijing this summer for a new diplomatic posting, it was vindication after years of battling the State Department over a perceived intelligence threat — himself. Diplomatic Security officers had informed him when he joined the foreign service more than a decade ago that they […]

Updated Dec. 25, 2023 12:02 am ET SEOUL—In October 2021, South Korea said it had detected a ballistic missile fired from a North Korean submarine. Japan initially said it was two missiles.   The U.S. and its Asian allies have for years . . .

Commuters arrive at the Oculus Center in Manhattan, New York City, on Nov. 17, 2022. Spencer Platt | Getty Images For white Americans, the jobless rate fell 0.2 percentage points to 3.3%. Hispanic Americans also saw their unemployment rate slip 0.2 percentage points to 4.6%. On the other hand, Asian Americans saw a 0.4 percentage-point […]

China’s exports rose slightly in November, breaking a six-month run of consecutive declines and giving a boost to policymakers looking to revive a flagging recovery in the world’s second-largest economy. Exports rose 0.5 per cent year on year in dollar terms, official data showed on Thursday, compared with a Reuters poll of analysts that predicted a […]


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