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Asian shares rise as US Federal Reserve strikes less hawkish tone

Rally comes after Fed Chair Jerome Powell says central bank not “actively considering” 0.75 percentage point increase.Asian shares rose on Thursday after the...

South Korea’s new gov’t to compensate businesses for COVID curbs

President-elect Yoon Suk-yeol’s transition team does not specify how much small businesses will be paid.South Korean president-elect Yoon Suk-yeol’s government will compensate 5.5...

Asian shares tumble on US Fed’s tightening, China lockdowns

MSCI’s broadest index of Asia Pacific shares outside Japan fall 1.1 percent in morning tradeAsian shares tumbled on Friday as investors fretted about...

Asia facing ‘stagflationary’ risks, IMF official warns

Senior official points to Ukraine war, soaring commodity prices and China’s economic slowdown as risks to the region.Asia faces a “stagflationary” outlook, a...

China’s prices surge past forecasts amid lockdowns, Ukraine war

Soaring factory inflation in world’s second-largest economy could exacerbate rising prices worldwide.China’s inflation rose more than expected in March as COVID-19 lockdowns and...

Bank of Japan member stresses easy policy despite rising costs

Asahi Noguchi says loose policy needed as Japan is not experiencing high rates of inflation seen in other countries.Bank of Japan (BOJ) board...

Huawei CFO Meng Wanzhou named chairwoman in rotating role

Meng will act as company’s top leader and head board of directors for six months when it is her turn.Telecoms giant Huawei Technologies...

Tesla to resume production in Shanghai from April 4, sources say

Production has been halted since March 28 as authorities implement a two-stage lockdown in city.Tesla is aiming to resume production at its Shanghai...

Asian markets cautious amid talk of more Russia sanctions

MSCI’s broadest index of Asia-Pacific shares outside Japan dips 0.1 percent in cautious start to Monday trading.Asian share markets got off to a...

Russian watchdog blocks Google over “inauthentic” info on war

Ban comes after Google said it would not help platforms sell ads alongside content that condone the conflict in Ukraine.Russia’s communications regulator has...

Asian stocks rise as US bonds tumble on hawkish signals from Fed

By Andreea PapucBloombergPublished On 22 Mar 202222 Mar 2022Bonds were under pressure Tuesday from Federal Reserve Chair Jerome Powell’s more hawkish tone on monetary...

China Eastern faces losses, regulatory scrutiny after fatal crash

China Eastern Airlines faces deepening losses and closer regulatory scrutiny following the crash of a Boeing 737-800 with 132 people on board.Rescuers on...
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