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Live Breaking News & Updates on Asia economy

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Asia markets live updates: Tokyo inflation, BOJ rate decision

The BOJ is expected to hold its benchmark policy rate at 0%-0.1%, but investors will look if the bank addresses the weakening yen.

Australia , Weizhen , Fujian , China , Tokyo , Japan , Japanese , Amala-balakrishner , Brian-evans , Jack-dwyer , Hui-jie , Nasdaq

India says new EV policy will open up market to global players

Last month, the government rolled out key initiatives, aimed at boosting the country's position in EV manufacturing.

Tamil-nadu , India , Vietnam , Republic-of , China , Narendra-modi , Rajesh-kumar-singh , Elon-musk , Rajeev-chaba , International-energy-agency , Counterpoint-research , Bain-company

Bank of Japan keeps monetary policy unchanged

The BOJ did not comment specifically on the yen, which has steadily weakened since the last BOJ meeting

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Asia most impacted by extreme weather and climate in 2023: WMO

Asia was the world's most disaster-hit region from extreme weather and climate in 2023, exacerbated by climate change, according to a new UN report. 

China , India , Kazakhstan , Beijing , Japan , Celeste-saulo , World-meteorological-organization , Natural-disasters , Asia-economy , Climate , Weather , Business-news

Asia markets: South Korea GDP, Malaysia CPI, BOJ MPM meeting

South Korea's first-quarter GDP climbed 3.4%, beating expectations of 2.4% from economists polled by Reuters.

South-korea , Michael-field , Tony-dwyer , Amala-balakrishner , Geoffrey-kendrick , Canaccord-genuity , Hui-jie , Ryan-browne , Johnson , Reuters , Mcdonald , Lim-hui

Nvidia supplier SK Hynix reverses losses in first quarter on AI demand

This comes after SK Hynix posted net losses for five consecutive quarters from a slump in the memory chip market.

South-korea , South-korean , Samsung-electronics , Nvidia , Data-rate , Asia-economy , Earnings , Technology , Breaking-news-technology , Nvidia-corp , Business-news

Inflation, high costs had biggest impact on Asian firms in 2023: UOB

Higher costs had the biggest impact on Asian businesses in 2023, even as they grappled with a global slowdown and rising interest rates, a survey by UOB showed. 

Indonesia , Hong-kong , Thailand , Malaysia , Vietnam , Republic-of , China , Singapore , Business-outlook , Southeast-asia , Greater-china

Biden's plan to rival China shipbuilders has a big economic problem

President Biden wants to bring shipbuilding back to the U.S. in economic rivalry with China and to boost domestic steel. Economic reality isn't on his side.

White-house , District-of-columbia , United-states , South-korea , Bangladesh , Japan , Pennsylvania , China , Nippon , Chinese , Ben-nolan , Darron-wadey

Asia markets live updates: Wall Street earnings, Australia CPI

Australia's consumer price index is expected to post a 3.5% rise, marking its fifth straight quarter of slowing inflation, according to economists polled by Reuters.

United-states , Texas , Israel , New-york , Iran , American , Iranian , Jamie-dimon , Goldman-sach-kostin , Alex-harring , Goldman-sach-david-kostin , Ritika-shah

Bank of America not bullish on Asian currencies, cites 'chaotic era'

The Bank of America is not bullish no any currency in Asia, leading the investment bank to deem the start of a "chaotic era" for these currencies.

Taiwan , United-states , China , Thailand , Vietnam , Republic-of , South-korea , America , South-korean , Chinese , Vietnamese ,