Subdued Philippine inflation leaves door open for December rate cut
Inflation below central bank’s target for eighth month Below target inflation could allow for rate cut in December…
Bank of Japan debated growing case for rate hike, September minutes show
One member saw need to hold to avoid surprising markets Another saw timing ripe for hike from Japan…
China offers tech giants cheap power to boost domestic AI chips, FT reports
Nov 3 (Reuters) – China has increased subsidies that cut energy bills by up to half for some…
Trump says China, other countries can’t have Nvidia’s top AI chips
Trump wants Nvidia’s advanced Blackwell chips for US companies only Nvidia has said it would supply Blackwell chips…
Asia’s factories stumble as US tariffs hit order books
Asia’s manufacturing hit by weak U.S. demand, Trump’s tariffs China’s economy loses momentum, PMIs show slower growth Trump-Xi…
Asian stocks rise on AI sentiment, dollar near 3-month high
Asia stocks hover near highest since February 2021 Dollar firms after hawkish tilt from some Fed policymakers Earnings…
China’s Xi pushes for global AI body at APEC in counter to US
BEIJING, Nov 1 (Reuters) – Chinese President Xi Jinping took centrestage at a meeting of APEC leaders on…
China factory activity stumbles as export orders dry up
China’s manufacturing PMI remains below growth threshold at 49.0 Non-manufacturing PMI rises to 50.1 from 50.0 in September…
BOJ chief signals chance of rate hike soon, says wage momentum key
Item 1 of 2 Bank of Japan Governor Kazuo Ueda attends a press conference after a BOJ policy…
China’s factory activity expected to fall as demand dwindles: Reuters poll
BEIJING, Oct 29 (Reuters) – China’s factory activity likely shrank for a seventh month in October, underscoring the…
Asia stocks rise on AI optimism, investors gird for Fed, tech earnings
Asia shares upbeat; eyes on earnings from tech giants Microsoft, Alphabet, Meta report after the bell 25bp Fed…
Japan’s new economy minister says weak yen has benefits to growth
Weak yen could weigh on households’ purchasing power Weak yen boosts exporters’ profits, domestic investment Pain from weak…