Investors in Asia are coming off a positive inflation report in the U.S. last week, and will assess business data from the region.
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China is testing the limits of a critical U.S.-Philippines defense pact — will Washington respond?
China has stepped up its actions against the Philippines in disputed waters of the South China Sea, raising questions of American deterrence in the region.
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CNBC’s Inside India newsletter: The humble onion could be holding India’s economy hostage
Even a modest change in the price of the bulbous vegetable soon becomes the talking point around dinner tables for hundreds of millions of people in the country.
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Asia-Pacific markets rise as investors assess Japan economic data; yen hits fresh 38-year low
Investors will be keeping an eye on the yen, as well as key inflation and factory data out of Japan.
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Yen weakens past 160 against the dollar, reigniting intervention speculation
The yen weakened to 160.82 against the greenback according to FactSet data, breaching the previous record of 160.03 on April 29.
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Asia-Pacific markets fall after Japan’s yen weakens to a near 38-year low
The Japanese yen weakened to a near 38-year low late Wednesday, dropping to 160.82 against the U.S. dollar, according to FactSet data.
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Trade feuds aside, Chinese firms are committed to the U.S. market, survey shows
A survey of Chinese enterprises in the U.S. has found that a majority remain bullish on the market long-term despite concerns about U.S.-China relations.
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This Southeast Asian city is the world’s most expensive for the super rich — Hong Kong comes second
The price of owning a car in Singapore — the most expensive globally at 2.5 times the average — soared 15% from a year earlier in U.S. dollar terms.
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U.S. ambassador accuses China of undermining bilateral ties, Wall Street Journal reports
This comes after ties between the U.S. and China have somewhat warmed after Xi and Biden met in November.
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Asia-Pacific markets mixed as Australia’s inflation climbs; chip stocks track Nvidia rebound
Australia’s headline inflation rate for May is 4%, compared to the 3.6% recorded in April.