By Ju-min Park and Makiko Yamazaki SEOUL/TOKYO, Sep 23 : A growing number of Asian manufacturers of products ranging from memory chips to machines tools are moving to shift production from China to other factories in the region in the wake of U.S. President Donald Trump’s tariffs on Chinese imports. Companies including SK Hynix of […]
Category: Asia
It is not all Fed: Domestic debt risks may spur more Asia rate hikes
By Leika Kihara TOKYO, Sep 20 : Some Asian economies running large external surpluses, including Thailand and South Korea, might be forced to tighten monetary policy soon as high household debt pose a bigger financial risk than the U.S. Federal Reserve’s steady pace of rate hikes. Up until now, these two economies have been considered […]
Asia rises as stimulus hopes lift Chinese stocks amid trade row
By Shinichi Saoshiro TOKYO, Sept 19 : Asian stocks rose across the board on Wednesday as expectations that Beijing would implement stimulus to soften the economic blow from the Sino-U.S. trade war helped Chinese shares rally. Spreadbetters expected European stocks to follow Asia’s lead and open higher, with Britain’s FTSE rising 0.15 percent, Germany’s DAX […]
At least 3 dead as Philippines faces more hazards in powerful typhoon’s wake
By Martin Petty and Enrico Dela Cruz MANILA, Sept 15 : A strong typhoon tore through the northern tip of the Philippines on Saturday packing winds of more than 200 kph (124 mph) along with torrential rain, killing at least three people, wrecking homes and triggering at least 42 landslides. Mangkhut entered the Philippines as […]
Three killed as Philippines warns of hazards in powerful typhoon’s wake
By Martin Petty and Enrico Dela Cruz MANILA, Sept 15 : A strong typhoon tore through the northern tip of the Philippines on Saturday packing winds of more than 200 kph (124 mph) along with torrential rain, killing three people and causing floods, landslides and power outages. Mangkhut entered the Philippines as a super typhoon […]
Super Typhoon ‘Mangkhut’ strikes northern Philippines
By Martin Petty and Enrico Dela Cruz MANILA, Sept 15 : A strong typhoon packing winds of more than 200 kph (124 mph) tore across the northern tip of the Philippines on Saturday, bringing heavy rain and causing widespread power and communications outages. There were no immediate reports of casualties after super typhoon Mangkhut, a […]