Taiwan on Thursday announced an immediate one-year ban on the Chinese social media network Xiaohongshu, saying the app posed a risk of fraud. Taiwan’s interior ministry said in a statement that it will block access to Xiaohongshu, also known in English as Rednote, calling it a potential “high-risk area for online shopping fraud.” Authorities linked the platform to…
The Reserve Bank of India logo outside its headquarters in Mumbai on Feb. 7, 2025. Indranil Mukherjee | Afp | Getty Images India’s central bank cut its policy rate by 25 basis points to 5.25%, matching forecasts from economists polled by Reuters. The monetary policy committee delivered a unanimous reduction, citing “weakness in some key…
BEIJING, CHINA – DECEMBER 3: French President Emmanuel Macron (R) and Chinese President Xi Jinping walk during a state visit at the Great Hall of the People on December 3, 2025 in Beijing, China. Adek Berry-Pool | Getty Images News | Getty Images China said it was open to importing more goods from France in…
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…
A pedestrian walks past the Bank of Japan (BoJ) building in central Tokyo on July 28, 2023. Richard A. Brooks | Afp | Getty Images Japan’s central bank is caught in a bind as soaring government bond yields risk upending its policy normalization process. The Bank of Japan faces a stark choice: sticking with its…
Russia’s President Vladimir Putin awards India’s Prime Minister Narendra Modi with the Order of St. Andrew the Apostle the First-Called at the Kremlin in Moscow, Russia July 9, 2024. Evgenia Novozhenina | Reuters As India reels under punitive U.S. tariffs over its purchases of Russian oil, New Delhi is all set to host President Vladmir…
Panoramic view of Busan city, South Korea taken on sunrise. Alex Veprik | Moment | Getty Images Asia-Pacific markets were mostly higher Wednesday, after Wall Street saw a tech-fueled recovery and a cryptocurrency rally. Bitcoin climbed over 7% to cross the $90,000 mark in overnight trading after a sharp sell-off a day earlier, and was…
Sydney Opera House, designed by Danish architect Mr Jorn Oberg Utzon, at first light as the sun rises over Sydney harbor and city center skyscrapers. Ucg | Universal Images Group | Getty Images Australia’s third-quarter economic growth missed analysts’ expectations, but still clocked its fastest expansion in about two years. The country’s GDP expanded 2.1%…
Elon Musk reacts during a press event with U.S. President Donald Trump (not pictured), at the White House in Washington, D.C., U.S., May 30, 2025. Nathan Howard | Reuters Tesla CEO Elon Musk said that the U.S. has been a beneficiary of talent from India, while adding that the H-1B visa program had been misused…
Overlooking the city with Busan Tower in Yongdusan Park. Nampo-dong, Busan, South Korea. Jungang Yan | Moment | Getty Images Asia-Pacific markets were set to open higher Tuesday, after Wall Street fell as crypto sell-off dented market sentiment. Overnight, bitcoin plunged around 6% to trade below $86,000, marking its worst day since March and pressuring the…
