Explore

Asian benchmarks mostly decline as investors anticipate US rate cut

Asian benchmarks mostly decline as investors anticipate US rate cut

Asian shares are mostly lower, trading in a narrow range ahead of a Federal Reserve meeting that’s expected to result in the third cut to interest rates this year

IMF Urges China to Address Economic Imbalances Amid Record Trade Surplus

IMF Urges China to Address Economic Imbalances Amid Record Trade Surplus

The International Monetary Fund (IMF) has called on China to address its economic imbalances, highlighting the country's heavy reliance on exports for growth. This comes as China's trade surplus for 2025 has exceeded $1 trillion, despite a contraction in exports to the United States following increased tariffs under President Trump's administration. IMF Managing Director Kristalina Georgieva emphasized the risks of continued export-led growth, which could exacerbate global trade tensions. The IMF suggests that China should focus on boosting domestic consumption to balance its economy. The call for change aligns with China's own strategic goals to reduce dependency on exports and infrastructure investment, a shift complicated by the COVID-19 pandemic and a downturn in the real estate market.

Analysis-Euro's hidden strength could muddy the ECB's 'good place'

Analysis-Euro's hidden strength could muddy the ECB's 'good place'

Dec 9 (Reuters) - The strength of the euro is amplifying the deflationary effect of China’s export machine, which may end up being the catalyst that could jolt the European Central Bank out of its "good place" and into more interest rate cuts.

Asian stocks slip as nervy markets wait for Fed

Asian stocks slip as nervy markets wait for Fed

By Ankur Banerjee SINGAPORE, Dec 9 (Reuters) - Asian stocks fell and the dollar was steady on Tuesday as investors braced for a cut in U.S. interest rates later this week while the yen was calm after a powerful earthquake rocked Japan's northeast region though the impact was limited.

Morning Bid: Markets riddled with anxiety on almost-Fed day

Morning Bid: Markets riddled with anxiety on almost-Fed day

A look at the day ahead in European and global markets from Ankur Banerjee Markets are getting anxious about the U.S. monetary policy outlook ahead of an expected rate cut from the Federal Reserve this week, with a divided central bank and the prospect of a dovish successor to Fed Chair Jerome

Wall Street ticks modestly higher as markets await the Fed's last interest rate call of 2025

Wall Street ticks modestly higher as markets await the Fed's last interest rate call of 2025

Wall Street leaned toward tiny gains ahead of a two-day meeting of the Federal Reserve, where officials will make a decision on where to take the central bank’s benchmark interest rate

Asian shares are mixed ahead of interest rate decision by the Fed

Asian shares are mixed ahead of interest rate decision by the Fed

Shares are mixed in Europe and Asia as investors tread cautiously ahead of an interest rate decision this week by the Federal Reserve

China's Trade Surplus Reaches $1 Trillion Amid U.S. Tariffs

China's Trade Surplus Reaches $1 Trillion Amid U.S. Tariffs

China has achieved a trade surplus of $1 trillion for the first time, despite a significant decline in exports to the United States due to tariffs imposed by President Trump. According to customs data, China's overall exports increased by 5.9% in November compared to the previous year, even as exports to the U.S. fell by nearly 29%. The tariffs, which at one point reached 145%, have since been reduced to 47.5%, but continue to impact trade. In response, China has expanded its export markets to Europe, Africa, Latin America, and other parts of Asia, offsetting the loss from the U.S. market.

Asian shares slip after Wall Street pulls back from its record heights

Asian shares slip after Wall Street pulls back from its record heights

Asian shares are mostly lower after U.S. stocks pulled away from their record heights

Wall Street ticks modestly higher ahead of Wednesday's interest rate decision by the Federal Reserve

Wall Street ticks modestly higher ahead of Wednesday's interest rate decision by the Federal Reserve

Wall Street ticked modestly higher ahead of a highly-anticipated interest rate decision later this week by the Federal Reserve

Wall Street holds steady as Exxon Mobil climbs and AutoZone falls

Wall Street holds steady as Exxon Mobil climbs and AutoZone falls

U.S. stocks are holding relatively steady

China's Trade Surplus Surpasses $1 Trillion, Challenging U.S. Tariff Effectiveness

China's Trade Surplus Surpasses $1 Trillion, Challenging U.S. Tariff Effectiveness

China's trade surplus with the world has exceeded $1 trillion for the first time, raising questions about the effectiveness of tariffs imposed by developed countries, particularly those by President Trump. According to China's General Administration of Customs, exports increased by 5.4% in the first 11 months of the year compared to the previous year, while imports slightly decreased. This resulted in a global trade surplus of $1.07 trillion, surpassing the $990 billion recorded in 2024. Despite a 28% drop in exports to the U.S. in November, China's exports to Southeast Asia and the European Union have grown significantly. The increase in exports to Southeast Asia is partly attributed to 'transshipping,' where goods are assembled in Southeast Asia before being shipped to the U.S. French President Emmanuel Macron has threatened tariffs if China does not address its trade surplus with the EU.