Japan’s Nikkei 225 up more than 2%

SINGAPORE — Japan stocks surged on return to trade, while shares in the Asia-Pacific were mostly lower on Friday following strong gains in the previous session as investors digested the US inflation report. The Nikkei 225 jumped 2.15%, while the Topix index rose 1.86%. Japanese markets were closed Thursday for a holiday. In Australia, the … Read more

Stocks fall, China consumer inflation rises

SINGAPORE — Asia-Pacific shares fell on Wednesday as investors digest inflation data from China and look ahead to the US CPI report. Hong Kong’s Hang Seng index fell 2.29% in the final hour of trade, with the Hang Seng Tech index down 3.43%. Heavyweights Meituan and JD.com fell 4.6% and 5.34% respectively. Heath care, consumer … Read more

Japanese shipping giant to take part in tidal power project

Buildings in Singapore at dusk. Asia is already home to a number of tidal power projects. Guvendemir | E+ | Getty Images Japanese shipping giant Nippon Yusen Kaisha is to take part in a tidal power project planned for Singapore, as the emerging marine energy sector gains traction. The demonstration project, run by Singapore-owned Bluenergy … Read more

Is Japan open to travelers? It’s where Singaporeans want to travel

Some 49% of Singaporeans say they are considering Japan for their next vacation abroad, according to the market research firm YouGov. Interest may be even higher among young citizens. Some 68% of Singaporeans aged 16 to 24 years old indicated they are considering Japan for their “next vacation,” compared to 37% of those aged 55 … Read more

Asia-Pacific markets gain after the Fed hikes rates

SINGAPORE — Shares in the Asia-Pacific region climbed on Thursday following the US Federal Reserve’s decision to raise rates by 75 basis points to fight inflation, a move that was widely expected. Japan’s Nikkei 225 rose 0.83%, while the Topix index added 0.37%. In Australia, the S&P/ASX 200 was 0.35% higher. The Kospi in South … Read more

Stock indexes fall, Australia inflation rises to 6.1%

SINGAPORE — Asia-Pacific shares traded lower on Wednesday with Hong Kong stocks leading losses, as Australia’s inflation rose and investors looked forward to the Fed’s policy decision. Japan’s Nikkei 225 slipped 0.13%, while the Topix index declined 0.19%. The Hang Seng index fell around 1% in early trade, and the Hang Seng Tech index slipped … Read more

South Korea GDP, central bank, currencies, oil

SINGAPORE — Shares in the Asia-Pacific were mostly higher on Tuesday as South Korea’s gross domestic product beat estimates. The Kospi in South Korea recovered from losses to rise 0.43%, while the Kosdaq gained 0.11%. South Korea’s economy grew 0.7% in the second quarter compared with the first quarter of 2022, according to estimates released … Read more

Asia markets rally; China keeps benchmark lending rate unchanged

SINGAPORE – Shares in the Asia-Pacific jumped Wednesday after a sharp bounce in US stocks overnight. The Nikkei 225 in Japan rose 2.13% and the Topix index gained 1.69%. Hong Kong’s Hang Seng index advanced 1.66%, and the Hang Seng Tech index was up 2.2%. South Korea’s Kospi rose 1.05% and the Kosdaq was 1.34% … Read more

Japan PM lacks political capital to revise post-war constitution: Analyst

Voters cast a ballot at a polling location in the Minato District of Tokyo, Japan, on Sunday, July 10, 2022. Toru Hanai | Bloomberg | Getty Images Japan’s Prime Minister Fumio Kishida does not appear to have the “political capital” to revise the country’s historic post-war constitution despite securing a decisive win in the latest … Read more

Japanese mourn ex-PM Shinzo Abe a day after his assassination

A person prays next to flowers laid at the site where late former Japanese Prime Minister Shinzo Abe was shot while campaigning for a parliamentary election, near Yamato-Saidaiji station in Nara, western Japan, July 8, 2022. Issei Kato | Reuters A steady stream of mourners on Saturday visited the scene of former Japanese Prime Minister … Read more