Breaking News: Asia

JD.com leads losses in Hong Kong, falling 10% after Walmart confirms stake sale

Shares of Chinese e-commerce giant JD.com plunged 10% on Wednesday in Hong Kong after U.S. retailer Walmart confirmed it will…

China reports second-quarter GDP growth of 4.7%, missing expectations

BEIJING — China’s National Bureau of Statistics on Monday said the country’s second-quarter GDP rose by 4.7% year on year,…

China’s imports unexpectedly drop in June, but exports beat forecasts

BEIJING — China’s imports fell in June, missing expectations for slight growth, while exports rose more than expected, customs data…

China’s inflation numbers miss expectations, rising 0.2% in June

BEIJING — China’s consumer price inflation rose by 0.2% in June from a year ago, missing expectations, while producer prices…

India’s Modi to meet Putin in Moscow as both sides seek to forge deeper ties

India’s Prime Minister Narendra Modi is set to meet President Vladimir Putin on Monday, marking his first visit to the…

Bank of Japan set to reduce JGB purchases, stands pat on interest rate

The Bank of Japan kept its benchmark interest rate unchanged on Friday, but indicated it’s considering the reduction of its…

Modi’s party loses majority in shock India election result

Indian Prime Minister Narendra Modi will have to seek power-sharing agreements for a historic third term in power, with his…

Modi’s BJP-led alliance projected to win decisive majority in India’s election, exit polls show

India’s Prime Minister Narendra Modi looks set for a rare third consecutive term in power, as local exit polls on…

JPMorgan CEO Jamie Dimon says can’t rule out ‘hard landing’ for the U.S., stagflation will be ‘worst outcome’

JPMorgan Chase‘s chairman and CEO, Jamie Dimon, says a “hard landing” for the U.S. cannot be ruled out. When asked…

China consumption slows as retail sales and investment data disappoint

BEIJING — China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.…