Japan Services PMI Slows in December as Rising Costs Weigh on Demand

Jan 07, 2026 02:08 am UTC| Economy

Japans service sector continued to expand in December but at its slowest pace since May, reflecting softer domestic demand despite a rebound in overseas business, according to a private sector survey released on Wednesday....

Australian Inflation Eases in November as Electricity Prices Cool, Core Pressures Persist

Jan 07, 2026 01:45 am UTC| Economy

Australias consumer price index inflation eased more than expected in November, offering some relief to households and policymakers, as slower electricity price growth helped pull headline inflation lower. However,...

US–Venezuela Oil Deal Signals Major Shift in Energy Trade and Sanctions Strategy

Jan 07, 2026 01:43 am UTC| Politics Economy

The United States and Venezuela have reached a significant agreement that could reshape global oil flows, following an announcement by U.S. President Donald Trump that Caracas will export up to $2 billion worth of...

Philippine Central Bank Signals Steady Interest Rates as Inflation Rises and Growth Slows

Jan 06, 2026 05:15 am UTC| Central Banks Economy

The Bangko Sentral ng Pilipinas (BSP) is expected to keep interest rates at their current levels after inflation accelerated in December while economic growth showed signs of slowing, according to BSP Governor Eli...

Asian Stock Markets Rally as Japan Hits Record Highs on Chip and AI Optimism

Jan 06, 2026 05:12 am UTC| Economy

Asian stock markets mostly advanced on Tuesday, extending a strong regional rally driven by gains in technology and semiconductor stocks, with Japanese equities leading the surge. Japans TOPIX index climbed 1.5% to a fresh...

Oil Prices Edge Lower as Markets Weigh Venezuela Turmoil and Supply Outlook

Jan 06, 2026 05:07 am UTC| Economy

Oil prices dipped slightly in Asian trading on Tuesday as market volatility eased and investors assessed the implications of the United States dramatic capture of Venezuelan President Nicolas Maduro. While crude prices...

Asian Currencies Hold Steady as Yen Gains on BOJ Signals and Dollar Volatility Eases

Jan 06, 2026 05:04 am UTC| Economy

Most Asian currencies traded within a narrow range on Tuesday, reflecting a cautious market mood as investors awaited key economic data from the United States and Asia. The Japanese yen remained one of the notable movers,...