Japan’s prime minister, Shigeru Ishiba. Bloomberg | Bloomberg | Getty Images Japan’s Prime Minister Shigeru Ishiba announced Sunday he will step down from his post after weeks of mounting pressure for his resignation. “I made a difficult decision to step down,” Ishiba said during a press briefing, in comments translated by Japan’s public broadcaster NHK….
Mount Fuji and buildings in the Shinjuku district are reflected on a table at an observation deck in Tokyo, Japan, on December 24, 2013. Kiyoshi Ota | Bloomberg | Getty Images Asia-Pacific markets opened higher Friday after U.S. President Donald Trump signed an executive order Thursday formalizing a lower Japanese auto import tariff of 15%,…
Sydney Harbour and the skyline of the central business district (CBD) in Sydney, Australia, on Tuesday, April 29, 2025. Bloomberg | Bloomberg | Getty Images Australia’s economy expanded more than expected in the second quarter of the year, marking the fastest pace of growth since September 2023. The country’s GDP grew 1.8% year over year,…
An employee packages garments for the online Chinese e-commerce company Temu at a clothing factory in Guangzhou, in southern China’s Guangdong province on April 16, 2025. Jade Gao | Afp | Getty Images China’s manufacturing activity unexpectedly returned to growth in August on the back of a recovery in new orders and export business, a…
Aerial view of Seoul downtown city skyline with vehicle on expressway and bridge cross over Han river in Seoul city, South Korea. Mongkol Chuewong | Moment | Getty Images South Korea’s central bank kept its policy rate unchanged at 2.5% for its second straight meeting to assess housing prices in the capital further, after prices…
Robots manufacture auto parts at a factory in Ningde, China, on Oct. 17, 2024. Nurphoto | Nurphoto | Getty Images China’s industrial profits slipped 1.5% from a year earlier in July, marking a notable recovery following months of steeper declines as Beijing’s campaign against price wars helped improve companies’ margins. This is breaking news. Please…
The Merlion statue in the central business district of Singapore, on Tuesday, July 8, 2025. Bloomberg | Bloomberg | Getty Images Singapore’s inflation cooled to a lower-than-expected 0.6% in July, as the city-state braced for slower growth later this year. This was lower than the 0.7% expected by economists polled by Reuters, and was also…
Residential and commercial properties near the Shibuya district of Tokyo on May 4, 2023. Richard A. Brooks | Afp | Getty Images Japan’s core inflation rate cooled to 3.1% in July, coming down from 3.3% the month before as rice inflation continued to ease. The figure — which strips out costs for fresh food —…
Owngarden | Moment | Getty Images Japan’s exports plunged 2.6% in July from a year earlier, their steepest drop since February 2021, as shipments to its two largest markets — the United States and China — declined. The fall was sharper than the 2.1% contraction forecast in a Reuters poll and compared with a 0.5%…
SHANGHAI, CHINA – AUGUST 14, 2025 – Tourists are visiting the Bund in Shanghai, China on August 14, 2025. Cfoto | Future Publishing | Getty Images China’s economy lost momentum in July, with growth faltering across the board, as weak domestic demand persisted and Beijing intensified efforts to curb excess capacity. Retail sales last month…
