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At the root of the problem is the perceived strength of the US dollar, and the impact this has on capital outflows from Japan and other Asian economies into the greenback as yield differentials continue to widen and currency values adjust accordingly. Government bond yield differentials in favour of the United States have hovered near 400 basis points lately, while the yen has continued to weaken.
Three Spanish tourists and one Afghan were killed by a gunman in central Afghanistan on Friday, Taliban officials said, in the first fatal attack on tourists in the country since the Taliban seized power in 2021.
KUALA LUMPUR -- Malaysia's economy expanded 4.2% in the January to March quarter from a year earlier, its fastest pace of growth in a year, official data from the central bank showed Friday.
In Nikkei Asia News Roundup's latest episode, Jada Nagumo and Brian Chapman discuss what to expect from Lawrence Wong, Singapore's new prime minister and the first leadership change in two decades.
This is CNBC's live blog covering European markets.
The party has shattered its reputation as a stable and secretive steward of Southeast Asia’s second-fastest growing economy with an unprecedented campaign to root out corrupt officials conducted in front of a stunned public.
China announced a slate of fresh measures Friday to reinvigorate its ailing property industry after the latest data showed housing prices have slumped nearly 10% since the start of the year.
Gone are the days when wine tasting was confined to local wineries or national borders.