Morning Bid: New quarter, same old China PMIs
A look at the day ahead in Asian markets.
A look at the day ahead in Asian markets.
Emerging Asia's stocks and currencies gained on Tuesday as year-end sentiment got a boost from Wall Street's record highs overnight, eclipsing underlying worries over the Omicron variant of the coronavirus.
U.S. Commerce Secretary Gina Raimondo said on Tuesday the Biden administration was "extremely focused" on reaching a "green steel" arrangement with the European Union and other partners that disadvantages carbon-intensive steel from China and elsewhere.
South Korea is turning to additional pharmaceutical tools as it looks to pre-empt a surge of COVID-19 omicron infections, authorising the use of Novavax Inc's vaccine on Wednesdayand preparing to distribute the first of Pfizer's antiviral pills.
India and the United Arab Emirates signed a broad trade and investment pact on Friday that will eventually cut all tariffs on each other's goods and aims to increase annual trade between the two nations to $100 billion within five years.
European Union officials plan to press Vietnam on Friday to lift administrative barriers on EU goods, as the bloc's trade deficit with Hanoi expands amid global trade tensions, according to two European officials and a draft document.
Brunei has become the latest country to allow its airlines to operate Chinese-made aircraft, according to new rules published on Thursday by Brunei's aviation regulator, in a boost for Shanghai-based planemaker COMAC.
Australian shares fell on Wednesday, after hitting a near five-month high during the session, as weakness in technology stocks overshadowed gains from financial and mining sectors.
The grouping does not have a common currency, but long-running discussions on the subject have gained some momentum.
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Meta Platforms veteran Javier Olivan is taking over as the company's chief operating officer after playing a crucial but largely behind-the-scenes role stoking the social media company's explosive growth for 15 years.
Vaccine passports are a patchy travel fix. The European Union’s travel permits went live on Thursday, but varying standards within the bloc and the risk of the rapidly spreading Delta variant are a recipe for confusion and backsliding. Governments around the world will suffer worse headaches as they attempt to open their borders.
South Africa's G20 presidency this year will prioritise efforts to help developing countries finance their shift to a low-carbon economy, President Cyril Ramaphosa said, even as the United States radically scales back its support.
India is likely to see above-average monsoon rains for the second straight year in 2025, the government said on Tuesday, raising expectations of higher farm and economic growth in Asia's third-biggest economy.
Deep in the Amazon rainforest, the power of mighty rivers combines with the pull of the moon's gravity to form waves that run for dozens of miles. Record-breaking Brazilian surfer Sergio Laus fears that climate change and environmental degradation mean their days may be numbered.
General Electric's aviation arm, already expecting to benefit from a boom in Indian domestic air travel, sees an even bigger boost from a surge in international travel that will drive demand for larger jets, its country head said.
The pandemic risks triggering a race to the bottom that could push tens of millions of Asian garment workers into greater hazard on the factory floor, with women hardest hit, the International Labour Organization said on Wednesday.
Inpex Corp , Japan's biggest oil and natural gas explorer, aims to accelerate its expansion of production and sales of liquefied natural gas (LNG) on the premise that LNG market will remain tight in the mid-term, its CEO said on Thursday.
In letters so far to 14 countries, including smaller exporters to the United States such as Serbia, Thailand and Tunisia, Trump hinted at opportunities for additional negotiations, even while warning that reprisals would draw a like-for-like response.
Financial firms including British insurer Prudential, lenders Citi and HSBC and BlackRock Real Assets are devising plans to speed the closure of Asia's coal-fired power plants in order to lower the biggest source of carbon emissions, five people with knowledge of the initiative said.
Russia’s invasion of Ukraine and the rising tension between the U.S. and China have torn apart the global order. Different groups of countries are now vying for influence. In this troubled world, the Group of Seven rich democracies is the best bet for keeping the peace and protecting the planet.