Latest Asia News

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

Jun. 18, 2024 06:08 AM EDT

BANGKOK (AP) — Shares were mostly higher in Europe and Asia on Tuesday after U.S. stocks rallied to more records, with gains for technology companies pushing the benchmarks higher. Germany's DAX climbed 0.4% to 18,135.67, while the CAC 40 in Paris rose 0.4% to 7,600.86. In London,...

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...

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...