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Asian markets decline as China reports weak trade data

Shares fell in Asia on Wednesday after Wall Street declined on fears the Federal Reserve will need to keep the brakes on the economy to get inflation under control, risking a sharp recession. Oil prices were mixed. 11:41 p.m. Dec. 6, 2022

Asian markets retreat as strong economic data hits hopes for dovish Fed

Stocks were mostly lower in Asia on Tuesday after Wall Street pulled back as surprisingly strong economic reports highlighted the difficulty of the Federal Reserve’s fight against inflation. 11:28 p.m. Dec. 5, 2022

Tesla says it's not cutting car production in Shanghai: report

Tesla Inc. has denied a report that it will cut production at its Shanghai plant by 20% in December owing to weaker demand, according to Reuters. Reuters and Bloomberg Bloomberg reported earlier on Monday that the cuts could come as soon as this week, after the company reviewed the performance of the domestic market, according to sources. It would mark the first volunteer cut in output by the China plant, which also faces competition from BYD and Guangzhou Automobile. Tesla saw weaker deliveries in October. MarketWatch has reached out to Tesla for comment. 9:17 a.m. Dec. 5, 2022

Asia Headlines

Asian markets gain, oil prices rise after deal to cap Russian crude prices

Asian shares were mostly higher and oil prices rose Monday after the European Union and the Group of Seven democracies agreed on a boycott of most Russian oil and a price cap of $60 per barrel on Russian exports.

11:24 p.m. Dec. 4, 2022
Asian markets gain after Fed chair signals slower rate hikes

Shares advanced in Asia on Thursday after a rally on Wall Street spurred by the Federal Reserve chair's comments on easing the pace of interest rate hikes to tame inflation.

1:09 a.m. Dec. 1, 2022
Asian markets mixed ahead of Fed chair’s key speech

Asian shares were mixed Wednesday ahead of a closely watched speech by the Federal Reserve chief that may give clues about future interest rate hikes.

11:41 p.m. Nov. 29, 2022
Some markets cheer as China vows to vaccinate more elderly. Analysts see positive movement by officials.

European stocks rallied on Tuesday morning responding to a conference by Chinese health officials, which revealed vaccinations in the elderly would be ramped up, according to media reports.

6:37 a.m. Nov. 29, 2022
Asian markets largely rise as investors weigh effects of China protests

Asian shares were mostly higher Tuesday as market jitters declined over protests in China set off by growing public anger over COVID-19 restrictions.

10:14 p.m. Nov. 28, 2022
Asian markets fall as China protests, lockdowns cloud outlook

Shares skidded in Asia on Monday, with Hong Kong briefly dipping more than 4% following weekend protests in various cities over China’s strict zero-COVID lockdowns.

12:03 a.m. Nov. 28, 2022
Asian markets rise on Fed rate hopes despite China COVID worries

Asian shares gained Thursday, although optimism about the Federal Reserve holding back on aggressive interest rate raises was countered by some uncertainty about coronavirus restrictions in China.

11:54 p.m. Nov. 23, 2022
Asian markets rise after earnings-fueled rally on Wall Street

Asian shares advanced on Wednesday after solid earnings pushed retailers higher on Wall Street ahead of the Thanksgiving holiday in the U.S.

11:43 p.m. Nov. 22, 2022

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