Japan’s Producer Inflation Climbs to Three-Year Peak
Higher fuel prices and a weaker yen pushed wholesale inflation to its strongest level since 2023, reinforcing expectations of further monetary tightening.
Asia
Bank of Japan Raises Interest Rates to 31-Year High
The Bank of Japan raised interest rates to 1.25%, marking a 31-year high, while two board members opposed the move.
Asia
Japan Confirms Joint Yen Rescue With U.S.
Tokyo said it coordinated with Washington to support the yen and pledged further action against disorderly currency moves if needed.
Asia
Billion-Dollar Dynasty Divorce Ends With $644 Million Award
A South Korean court ordered SK Group Chairman Chey Tae-won to make a record payout to his former wife.
Asia
MUFG Overtakes Toyota as Japan’s Most Valuable Company
Mitsubishi UFJ Financial Group has become Japan's most valuable listed company, marking a historic milestone for the country's banking sector as financial stocks continue to outperform.
Asia
AI Demand Powers 36% Revenue Growth at TSMC
The chipmaker exceeded analyst expectations in the second quarter, underscoring continued strength in the global AI semiconductor market.
China Producer Inflation Reaches Near Four-Year High
Factory-gate inflation rose to 4.1% as higher energy prices pushed it to its strongest level since 2022, adding pressure on manufacturers as consumer price growth remained modest.
Japan’s Benchmark Bond Yield Reaches Highest Level Since 1996
Higher oil prices and concerns over Japan's fiscal position pushed the 10-year government bond yield to a 30-year high.
K2 Airways Boeing 737 Disappears Off Pakistan Coast
The aircraft, carrying five crew members, lost contact with air traffic control after departing Sharjah, with authorities launching an urgent search and rescue operation.
More asia News
01
Bank of Japan Raises Interest Rates to 31-Year High
The Bank of Japan raised interest rates to 1.25%, marking a 31-year high, while two board members opposed the move.
02
Japan Confirms Joint Yen Rescue With U.S.
Tokyo said it coordinated with Washington to support the yen and pledged further action against disorderly currency moves if needed.
03
Billion-Dollar Dynasty Divorce Ends With $644 Million Award
A South Korean court ordered SK Group Chairman Chey Tae-won to make a record payout to his former wife.