South Korea’s economy expanded 1.2% year on year in the fourth quarter, marking its slowest expansion since the second quarter of 2023.
Asia-Pacific markets were set to open higher Monday, ahead of Donald Trump's inauguration with investors awaiting greater clarity on the policies of the incoming U.S. administration. Australia's S&P/ASX 200 rose 0.2% at the open.
Asian shares advanced early Monday and bitcoin surged to a record high ahead of the inauguration of President-elect Donald Trump.U.S. markets will be closed Monday for a holiday.The price of bitcoin surged as high as $109,
The project in Osaka is among ESR’s four data centers under development in Japan to capitalize on the AI boom.
The People’s Bank of China will issue central bank bills in Hong Kong next week, a tool that is typically used to stabilize the yuan’s exchange rate in the offshore market.
Donald Trump will be sworn in by Supreme Court Chief Justice John Roberts as the 47th U.S. president at a ceremony at the Capitol Building. The 78-year-old Trump then delivers his inaugural address. On day one, Trump has pledged to sign a host of executive orders on a raft of matters ranging from border security to oil and gas production.
In Japan, the benchmark Nikkei 225 was set to rise, with the futures contract in Chicago up nearly 1%, last trading at 39,235 while its counterpart in Osaka is up 0.59%, last trading at 39,170 against the index's close of 38,902.50.
Real household spending in Japan fell 0.4% year on year in November, a softer fall compared to the 0.6% decline expected by a Reuters poll of economists.
Out of 19 economists, 18 agreed on prospects of a rate hike, with most pointing to a recent change in tone of the BOJ leadership as driving their expectations.
Vietnam continues to strengthen its position as a top destination for foreign investment, attracting significant inflows from the likes of Singapore, South Korea, China, Hong Kong, and Japan. Pham Duc Toan,
Most Asian markets extended a global rally Wednesday as investors gave a cautious welcome to Donald Trump’s first full day in office amid hopes he will
ASIA hedge funds rebounded in 2024, with many posting double-digit gains as China stocks recovered, Japan’s equity rally hit new heights and some managers reached further afield for profitable trades.