Trump trade war shift away from Chinese manufacturing has reached tipping point

Trump trade war shift away from Chinese manufacturing has reached tipping point

A container is offloaded from the Wanhai 175 cargo ship at the Tan Vu Terminal, operated by Vietnam Maritime Corp., at Haiphong Port in Haiphong, Vietnam, on Wednesday, Jan. 15, 2025. Bloomberg | Bloomberg | Getty Images The proportion of volume from suppliers in China, Hong Kong, and Korea has declined from 90% to 50% over … Read more

Asia markets mostly rise after Wall Street gains on rate-cut hopes fueled by weak jobs data

Asia markets mostly rise after Wall Street gains on rate-cut hopes fueled by weak jobs data

Aerial sunrise view of Osaka city in Japan Frank Lee | Moment | Getty Images Asia-Pacific markets mostly rose Thursday, after Wall Street gained on hopes the Federal Reserve could cut interest rates next week following weaker-than-expected jobs data. Payroll processor ADP reported that private companies cut 32,000 workers in November, compared with 47,000 additions … Read more

Zara owner Inditex pops 7% after posting strong sales growth; European markets edge higher

Zara owner Inditex pops 7% after posting strong sales growth; European markets edge higher

The City of London skyline at sunset. Gary Yeowell | Digitalvision | Getty Images LONDON — European stocks opened in positive territory on Wednesday as global markets move higher. The pan-European Stoxx 600 was 0.2% higher at the opening bell, with most major sectors and bourses in the green. The positive open eyed by regional … Read more

South Korea auto stocks rise after U.S. Commerce Secretary confirms tariffs lowered to 15%

South Korea auto stocks rise after U.S. Commerce Secretary confirms tariffs lowered to 15%

Overlooking the city with Busan Tower in Yongdusan Park. Nampo-dong, Busan, South Korea. Jungang Yan | Moment | Getty Images Shares of South Korean auto companies rose Tuesday after U.S. Secretary of Commerce Howard Lutnick confirmed that lower U.S. auto tariffs of 15% on South Korea would retrospectively come into effect, starting Nov. 1. “We … Read more

European markets start December in negative territory, as defense sells off

European markets start December in negative territory, as defense sells off

Regent Street in London celebrates the Christmas season on November 13, 2025 in London, England. Ben Montgomery | Getty Images Entertainment | Getty Images LONDON — European stocks started the last trading month of the year in negative territory. The Stoxx 600 began Monday in negative territory, with the pan-European benchmark down 0.3% shortly after … Read more

Asia-Pacific markets start December mostly lower with China’s manufacturing data in focus

Asia-Pacific markets start December mostly lower with China’s manufacturing data in focus

Aerial view of vehicles being driven on the road through the central business district on October 5, 2020 in Beijing, China. Zhang Qiao | Visual China Group | Getty Images Asia-Pacific markets opened December mostly in the red Monday as traders awaited fresh manufacturing data from China and rising expectations of a U.S. Federal Reserve … Read more

India economy grows at faster-than-expected 8.2% in September quarter even as tariffs bite

India economy grows at faster-than-expected 8.2% in September quarter even as tariffs bite

Hadynyah | E+ | Getty Images In a quarter partially affected by the 50% U.S. tariffs, the Indian economy grew faster than expected at an annual rate of 8.2% in the quarter ending in September. The growth was an acceleration from 7.8% in the previous quarter, when a lower deflator unexpectedly boosted real growth. A … Read more

Asia-Pacific markets track Wall Street gains on rising Fed rate-cut expectations

Asia-Pacific markets track Wall Street gains on rising Fed rate-cut expectations

SHANGHAI, CHINA – JUNE 08: Aerial view of skyscrapers standing at the Lujiazui Financial District at sunrise on June 8, 2022 in Shanghai, China. Vcg | Visual China Group | Getty Images Asia-Pacific markets rose Wednesday, tracking Wall Street gains on hopes that the U.S. Federal Reserve could cut benchmark interest rates in December. Expectations … Read more

Asia-Pacific markets track Wall Street’s tech recovery after Alphabet leads AI rally

Asia-Pacific markets track Wall Street’s tech recovery after Alphabet leads AI rally

SHANGHAI, CHINA – MARCH 01: Skyscrapers stand at the Pudong Lujiazui Financial District on March 1, 2022 in Shanghai, China. Xiao Yang | Visual China Group | Getty Images Asia-Pacific markets opened higher Tuesday, after Wall Street’s tech stocks rebounded on a rally in Google parent  and hopes of a Fed rate cut. Optimism about Alphabet’s … Read more