Asia Economy

A uniform 15 per cent tariff, announced by US President Donald Trump, would benefit some Asia-Pacific economies that have faced much steeper country-specific levies, including China and much of Southeast Asia, Moody's Analytics said on Tuesday. But it will have a small impact on countries such as Japan, South Korea, and Taiwan (China), where the base rate is already 15 per cent, it said in a statement. "There is a lot of uncertainty, but we do know a few things. A uniform 15 per cent tariff would benefit some Asia-Pacific economies that have faced much steeper country-specific levies," it said. The US Supreme Court last week ruled against the Trump administration's country-specific tariffs after which Trump imposed 10 per cent tariffs on all countries for 150 days. He has also announced to increase it to 15 per cent. However, no order or proclamation has been issued so far in this regard. "The court ruling also raises questions about the recent trade deals made with India and ...

The court struck down several Trump-era tariffs on Asian export giants, China, South Korea, Japan, and Taiwan, key players in tech supply chains and the global chip market

Morgan Stanley is pushing deeper into Asia as buoyant markets, a reviving Hong Kong IPO pipeline and rising trading volumes propelled the bank to a second consecutive record year in the region

The city will focus on developing artificial intelligence and biotech to lead the global race in technology and will strengthen its role as a trade hub

The real hit - if there is to be one - from the barriers erected by the White House will only be truly felt in 2026

The major central banks in the region have added more than $400 billion to their reserves this year, with 11 of the largest monetary authorities now having a stockpile of close to $8 trillion

The generation born around the turn of the century is facing a bleak economic future. A shrinking pool of jobs and the advance of artificial intelligence are weighing on their prospects

There have been half-hearted efforts to remake South Asia in the image of the European Union or at least the Asean, but now they seem to have been given up entirely

Confidence in future output across the region fell to the lowest since July 2020, according to S&P Global purchasing managers' index data

Uncertainties around the US trade policy will undermine business confidence and consumer sentiment, adversely impacting growth in Asian nations, including India, Moody's Ratings said on Sunday. US President Donald Trump has postponed by three months the imposition of reciprocal tariffs, with the exception of China on whom a 125 per cent tariff has been slapped. However, a 10 per cent additional duty on exports to the US will continue. "An escalation of US-Sino tensions and the spillover effects from a slowdown in China pose significant downside risks to the (Asian) region's growth prospects. Economies with large domestic markets, such as India, may benefit from companies seeking access to these markets but any major shift in investment flows would occur over several years," Moody's Ratings Senior Vice President, Credit Strategy & Guidance, Nicky Dang told PTI. Moody's Analytics, another Moody's firm, had last week cut India's growth forecast for the 2025 calendar year to 6.1 per ..

The multilateral institution suggested countries in the region cooperate and engage in more trade between themselves, a trend that is already underway in Asia

For the MSCI Asia ex-Japan index, Nomura predicts muted returns, with end-2025 targets ranging from 573 to 859. The index is currently around 590 levels

Tariffs could impede global trade, hamper growth in exporting nations, and potentially raise inflation in the United States, forcing the US Federal Reserve to tighten monetary policy, despite

RBI intervenes to cut volatility

India also hasn't been able to attract a greater portion of global foreign direct investment, even as FDI flows to China plummet, the Oxford Economics study said

The new 37-month deal, which will be Pakistan's 25th since independence, comes as the country faces loan repayments of about $24 billion this fiscal year, which started July 1

Chinese blue chips edged up 0.1%, while Hong Kong's Hang Seng index was flat

The surveys show how Chinese firms are ramping up production despite weak domestic demand, which Beijing has failed to reverse with a rescue package for an ailing property sector

The value of new home sales at China's top 100 real estate companies slid 41.6% in January-June from the same period a year ago

Pakistan is in talks with the IMF for a loan of $6 billion to $8 billion