Japan corporate capital spending rises but profits tumble
TOKYO- Japanese companies raised spending on plant and equipment in April-June for the 11th straight quarter, with investment led by the service sector and...
Factory activity unexpectedly expands in China
BEIJING- China’s factory activity unexpectedly expanded in August as production edged up, a private business survey showed on Monday, but orders remained weak and...
Yen up, yuan pares losses as Sino-US tariffs kick in
TOKYO- The yen strengthened, thanks to bigger appetites for safe-haven assets as Washington and Beijing put additional tariffs on each other’s exports, adding to...
Ground shifts in Indonesia’s economy as conservative Islam takes root
JAKARTA - Arie Untung, a former video jockey for the Indonesian offshoot of MTV, says he used to drink alcohol regularly and - back...
Stocks fall
TOKYO- Global stock prices fell on Monday after the United States and China imposed new tariffs on each other’s goods, reinforcing investors’ worries over...
S. Korea exports tumble as world economy cools
SEOUL- South Korea’s exports tumbled in August for a ninth consecutive month, on sluggish demand from its biggest buyer, China, and depressed prices of...
Asian FX inches lower
Most emerging Asian currencies were subdued on Monday, after the United States and China imposed new tariffs on each other’s goods, casting doubt over...
Japan’s curbs on high-tech exports to S. Korea seen to backfire
TOKYO/SEOUL- Japan’s curbs on exports of high-tech materials to South Korea could backfire in the long run, eroding its dominance over a key link...
Oil falls on new tariffs
TOKYO- Oil prices were lower on Monday after new tariffs imposed by the United States and China came into force, raising concerns about a...
Iron ore jumps 6%
BEIJING- China’s iron ore futures jumped nearly 6 percent on Monday to hit a two-week high, fuelled by firm short-term demand after Beijing vowed...
