beats expectations, CEO Noel Quinn to retire
The HSBC Holding logo is being displayed on a smartphone with HSBC visible in the background in this photo illustration taken in Brussels, Belgium, on February 20, 2024. Jonathan Raa …
Breaking News: Asia
Japanese yen hits 160 against the U.S. dollar for the first time since 1990
The Japanese yen has weakened significantly against the dollar in 2022. Stanislav Kogiku | SOPA Images | LightRocket | Getty Images The Japanese yen weakened to 160 against the U.S. …
Bank of Japan keeps monetary policy unchanged
A pedestrian walks past the Bank of Japan (BoJ) building in central Tokyo on July 28, 2023. Richard A. Brooks | Afp | Getty Images The Bank of Japan kept …
China’s Q1 GDP grew 5.3% in the first quarter, beating expectations
An employee works on the assembly line of intelligent machinery at a workshop on March 31, 2024 in Qingzhou, Weifang City, Shandong Province of China. Vcg | Visual China Group …
Singapore’s new prime minister, Lawrence Wong, will take office on May 15
Singapore’s new prime minister Lawrence Wong will be sworn in on May 15, 2024. The current prime minister Lee Hsien Loong announced on April 15 that he will be stepping …
Yellen says U.S. plans to ‘underscore’ need for China to shift policy
U.S. Treasury Secretary Janet Yellen attends a press conference at U.S. Ambassador’s residence in Beijing on April 8, 2024. Pedro Pardo | Afp | Getty Images BEIJING — U.S. Treasury …
Xiaomi shares up 15% after Chinese smartphone maker launches first EV
A Xiaomi SU7 electric sedan is seen displayed at a regional HQ of Xiaomi in Nanjing in east China’s Jiangsu province. Future Publishing | Future Publishing | Getty Images BEIJING …
China’s March factory activity at its most robust in 11 months
Modern Shanghai city landscape juxtaposed against China’s national flag Yaorusheng | Moment | Getty Images China’s factory activity in March expanded by its strongest pace in more than a year, …
BOJ ends the world’s only negative rates regime in a landmark move
An editorial montage of the Japan flag and Japanese yen cash bank notes Javier Ghersi | Moment | Getty Images Japan’s central bank raised interest rates on Tuesday for the …
China retail sales, industrial data for first 2 months beats expectations
High-rise residential and commercial buildings are being constructed near Dongyu Road, Qiantan, in the Pudong New Area of Shanghai, China, on March 15, 2024. Nurphoto | Nurphoto | Getty Images …