Osamu Inoue, president of Sumitomo Electric, which makes parts for Volkswagen, Toyota and Stellantis, among others, said Trump’s threatened 25 per cent tariffs on Mexican goods would do more harm to US suppliers, which account for almost a third of car parts investment in Mexico.
Canada's main stock index extended its recent winning streak on Wednesday, led by gains for industrial and technology shares, as upbeat U.S. corporate earnings helped boost investor sentiment globally.
Sean Taylor, CIO of Matthews Asia, talks about why he is neutral on Chinese equities, following Trump's threats of fresh tariffs starting from February. He also shares his expectations for the Chinese economy and how policy makers in China might react in a new Trump world order.
Phoenix Asia Holdings faces significant risks, including regulatory risks, customer concentration and uncertainties in the Hong Kong construction industry. Learn more on PHOE stock here.
Overall, Trump’s second-term foreign policy, defense, and economic appointments suggest that security issues will dominate in Asia, despite his grumbling about trade imbalances. In addition, they suggest that his second administration will be even tougher toward China than his first, or than the Biden administration.
Users on Chinese social media app Xiaohongshu asked if it was safe to travel to Thailand while a Hong Kong singer-actor canceled his Bangkok concert.
Southeast Asian foreign ministers are gathering for their first meeting this year under the regional bloc’s new chair, Malaysia, seeking a breakthrough over Myanmar’s drawn-out civil war and territorial disputes in the South China Sea.
South Korea’s economy expanded 1.2% year on year in the fourth quarter, marking its slowest expansion since the second quarter of 2023.
Investing in Asia after its financial crisis of 1997, or in the US following the dot-com bubble or the GFC, would have delivered good performance over the following decade, says Daniel Rupp, CIO and founder of Parkway Capital.
A rising interest in high-innovation themes is driving the tech continuum, with a focus on AI and a transition into next-generation computing and communications in Asia, Bloomberg Intelligence analysis shows.
This inaugural list spotlights institutions such as Samsung Medical Center in South Korea, which is recognized for its eye surgeries; Sunway Medical Centre in Malaysia, which is celebrated for hip surgeries; and Bumrungrad International Hospital in Thailand, a leader in knee and shoulder surgeries.