Asia Economy

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Asia-Pacific markets mixed as China stocks set new 6-year low; yen strengthens to 9-month high

The sails of the Opera House are illuminated with projections on the opening night of Vivid Sydney 2023 in Sydney,…

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Nikkei and Taiex jump about 3% as tech stocks rally, leading Asia-Pacific markets higher

Asia-Pacific markets opened higher on Thursday, tracking gains on Wall Street fueled by a tech rally.

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Carry trade unwind could replicate August mayhem, suggests forex strategist, as yen strengthens

The Bank of Japan is largely expected to hold interest rates steady at the end of its 2-day meeting ending…

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Economy

7-Eleven’s parent company rejects takeover proposal, says offer ‘grossly undervalues’ company

Customers exit a 7-Eleven convenience store, operated by Seven & i Holdings Co., in Kobe, Japan, on Friday, Aug. 30,…

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‘Economic refugees’ flee from New Zealand as cost-of-living crisis deepens

Once recognized by the world as a picturesque and progressive safe haven, New Zealand’s frail economy has pushed many of…

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Tech stocks in Asia fall amid broad declines in the region after Nvidia results

Samsung Electronics’ fourth-generation high bandwidth memory or HBM3 chips have been cleared by Nvidia for use in its processors for…

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Health

Mpox outbreak: Here’s how Asian nations have reacted to WHO emergency declaration

The World Health Organization declared the spread of mpox  a global health emergency last week.  Tumeggy/science Photo Library | Science…

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Unwinding of carry trade will benefit Japan, Monex Group’s Koll says

Corrections in the yen and the unwinding of the carry trade are positive developments for Japan, said Jesper Koll, a…

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Malaysia’s prime minister lauds country’s burgeoning chip hub status as Infineon opens new plant

Zafrul Tengku Abdul Aziz, Malaysia’s international trade and industry minister, from left, Muhammad Sanusi Md Nor, chief minister of Kedah…

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India’s Nifty 50 is outperforming the S&P 500 so far this year

The National Stock Exchange of India has a total market capitalization of over $5. Javier Ghersi | Moment | Getty…

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