The Topix crossed its all time high of 2,886.50, previously set in December 1989 as Asia markets were up in trading.
Philippines overtakes China and Indonesia to be most dependent on coal-generated power
The Philippines’ dependency on coal-fired power overtook China, Indonesia and Poland in 2023, according to Ember.
Asia-Pacific markets mostly rise as investors assess business activity data from the region
Asia-Pacific markets mostly rose Wednesday, after U.S. Fed Chair Jerome Powell comments on inflation, while investors assessed a slew of data from the region.
China’s young people are ‘revenge saving’ even as Gen Zers around the world are piling up debt
Rather than splurging on impulsive purchases, China’s young are saving ferociously as the world’s second-largest economy remains in the doldrums.
Asia-Pacific markets mostly fall as yen weakens to fresh 38-year lows; South Korea inflation in focus
South Korea’s core inflation numbers came in at 2.4% for June, missing expectations by economists polled by Reuters who predicted a core inflation rate of 2.7%.
Asia markets mixed as China manufacturing contracts again, Japan revises first quarter GDP downward
Investors in Asia are coming off a positive inflation report in the U.S. last week, and will assess business data from the region.
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.
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.
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.
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.