Latest Asia News

Stock market today: Asian stocks log modest gains as economic data are mixed for Japan and China

Jul. 01, 2024 01:12 AM EDT

Asian stocks were mostly higher on Monday after Japan and China reported data reflecting relatively sluggish growth for Asia’s two largest economies. The euro rose after the far-right National Rally gained a strong lead in first-round legislative elections, while the Japanese yen...

Stock market today: Asian shares falter after Nvidia rebound supports Wall St

Jun. 25, 2024 23:52 PM EDT

BANGKOK (AP) — Asian shares are mixed after a rebound for Nvidia propped up a weakened Wall Street. Japan’s Nikkei jumped 1.4% to 39,726.39, buoyed by strong demand for technology shares driven by the enthusiasm over Nvidia and artificial intelligence. Tokyo...

Japan's exports surge 13.5% in May, helped by cheap yen and strong demand in US, Asian markets

Jun. 19, 2024 00:09 AM EDT

TOKYO (AP) — Japan's exports surged 13.5% in May, faster than expected growth helped by a weak yen and strong demand in the U.S. and Asia. Finance Ministry data reported Wednesday showed that the trade deficit totaled 1.22 trillion yen ($7.7 billion), down nearly 12% from 1.38...

Stock market today: Asian shares mostly gain after Wall St rallies to new records

Jun. 18, 2024 01:44 AM EDT

BANGKOK (AP) — Shares were mostly higher in Asia on Tuesday after U.S. stocks rallied to more records, with gains for technology companies pushing the benchmarks higher. U.S. futures were flat and oil prices declined. This week has few top-tier economic reports...

Muslims in Asia celebrate Eid al-Adha with sacrifice festival and traditional feast

Jun. 17, 2024 22:26 PM EDT

JAKARTA, Indonesia (AP) — Muslims in Asia on Monday celebrated Eid al-Adha, or the Feast of Sacrifice, with food and prayers for people in Gaza suffering from the Israel-Hamas war. One of the biggest Islamic holidays, the occasion commemorates Prophet Ibrahim’s test of faith...

Stock market today: Asia shares rise amid Bank of Japan focus after the Fed stands pat

Jun. 12, 2024 23:56 PM EDT

TOKYO (AP) — Asian shares mostly rose Thursday, as investors turned their attention to what the Bank of Japan might decide on monetary policy later this week. The Bank of Japan is not expected to raise its benchmark rate when it wraps up its meeting on Friday, but the economy is...

Stock market today: Asian shares are mostly lower ahead of Fed decision on interest rates

Jun. 12, 2024 01:01 AM EDT

BANGKOK (AP) — Shares were mostly lower Wednesday in Asia ahead of a decision by the Federal Reserve on interest rates. In Japan, higher inflation and falling wages raised questions about how the central bank can navigate away from near-zero interest rates. The Bank of Japan will...

AP Week in Pictures: Asia

Jun. 06, 2024 22:02 PM EDT

May 31-June 6, 2024 Supporters of Shiv Sena (Uddhav Balasaheb Thackeray) dance in celebration of their party's showing in India's election. Police officers patrol in Hong Kong's Causeway Bay area on the eve of the 35th anniversary of China’s Tiananmen Square crackdown. People...

Robinhood buying crytocurrency exchange Bitstamp for about $200 million

Jun. 06, 2024 08:09 AM EDT

Robinhood Markets Inc. is buying crytocurrency exchange Bitstamp for about $200 million in cash as the company looks to speed up its cryptocurrency expansion globally. Bitstamp, founded in 2011, has offices in Luxembourg, the UK, Slovenia, Singapore, and the US. It has more than 50...

AP Week in Pictures: Asia

May. 30, 2024 23:22 PM EDT

May 24-30, 2024 A Japanese town that erected a huge black mesh net last week to stop tourists from snapping photos of Mount Fuji discovered holes in the screen. South Korean President Yoon Suk Yeol and Japanese Prime Minister Fumio Kishida met with Chinese Premier Li Qiang for the...