Asia Economy
- Asia markets set to open higher with holiday-thinned trade - Australia and Hong Kong markets were closed for the holidays.
- Sapporo Holdings to sell real estate business for $2.6 billion to KKR-led consortium: NHK - The move is because Sapporo wants to concentrate management resources on its core beer business.
- Asia markets trade mixed in thin Christmas Eve trading - Asia-Pacific markets traded mixed on Wednesday amid thinner trading as several indexes are set to close early in lieu of the Christmas Eve holiday.
- Singapore inflation remains steady at 1.2% in November, missing estimates - The reading was lower than Reuters-polled analysts' median estimates of 1.3%.
- Asia’s worst-performing currency is set for a rocky start to 2026 - The Indian rupee is expected to touch 92 against the dollar by end-March 2026 amid trade policy uncertainty and capital outflows.
- Asia-Pacific markets mostly climb after AI trade lifts Wall Street overnight - Investors in Asia will watch out for AI-related plays in the region, as well as inflation reading out of Singapore.
- China slaps tariffs of up to 42.7% on EU dairy products, alleging 'damage' to the domestic dairy industry - The tariffs range from 21.9% to 42.7%, and will take effect on December 23.
- China keeps benchmark lending rates steady for a seventh straight month despite weak economic data - The People's Bank of China kept its 1-year and 5-year loan prime rates unchanged at 3% and 3.5% respectively, holding them for a seventh straight meeting.
- Asia-Pacific markets poised for gains ahead of China's key lending rate decision - Asia-Pacific markets were set to climb Monday as investors look toward benchmark lending rate decisions coming out of China later in the day.
- Bank of Japan raises benchmark rates to highest in 30 years, lifting 10-year JGB yield past 2% - The hike comes against the backdrop of rising inflation and a weak Japanese economy.