Latest Asia News

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...

Stock market today: Asian shares track Wall Street's retreat

May. 29, 2024 23:15 PM EDT

Shares retreated Thursday in Asia after U.S. stocks fell under the weight of higher yields in the bond market, with the Dow Jones Industrial Average giving up more than 400 points. Tokyo’s Nikkei 225 benchmark shed 1.5% to 37,980.55 and the Hang Seng in Hong Kong declined 0.6% to...

UN report says that education, social safety nets vital for Asia to grow rich, cope with aging

May. 28, 2024 04:30 AM EDT

TOKYO (AP) — As economies in Asia and the Pacific slow and grow older, countries need to do more to ensure that workers get the education, training and social safety nets needed to raise incomes and ensure social equity, a United Nations report said Tuesday. The report by the...

Stock market today: World shares are mostly higher after rebound on Wall St

May. 27, 2024 05:15 AM EDT

Shares advanced in Europe and Asia ahead of Monday’s Memorial Day holiday in the United States. Oil prices also rose. European shares saw modest gains after the opening while Asian benchmarks gained upward momentum as the day wore on. Germany's DAX...

AP Week in Pictures: Asia

May. 23, 2024 23:40 PM EDT

May 17-23, 2024 Taiwan’s new President Lai Ching-te and former President Tsai Ing-wen wave during Lai’s inauguration ceremonies in Taipei. A Shiite Muslim weeps as they hold photos of Iranian President Ebrahim Raisi and others leaders during a vigil in Srinagar, Indian-controlled...

AP Week in Pictures: Asia

May. 16, 2024 22:53 PM EDT

May 10-16, 2024 Russian President Vladimir Putin met with Chinese President Xi Jinping in Beijing during his two-day state visit to one of his strongest allies and trading partners. Flash flooding and torrents of cold lava and mud flowing down a volcano’s slopes on Indonesia’s...