Breaking News: Asia
- Iran briefly closes airspace as U.S. tensions rise, flights rerouted across region - Iran temporarily closed most of its airspace late Wednesday, forcing airlines to reroute flights as tensions with the United States escalated.
- China's December exports sharply beat estimates, imports also top expectations - China's exports growth in December sharply beat expectations, catapulting the annual trade surplus to a record high.
- Japan's Nikkei 225 set to hit another high as Asia markets look past geopolitical worries - This comes as Japan's ruling LDP under new Prime Minister Sanae Takaichi is expected to call an election likely in February.
- China inflation hits near three-year high in December as full-year CPI misses target - China's consumer inflation accelerated in December to the fastest pace in more than two years, while factory-gate deflation extended for over three years.
- Asia-Pacific markets set to start 2026 on a mixed note - Some Asian markets are still closed for the holidays, including Japan and mainland China.
- China manufacturing activity expands for the first time since March, beating expectations - China’s economy ended the year on a slightly less gloomy note as manufacturing, services and construction activity all improved in December.
- Softbank has fully funded $40 billion investment in OpenAI, sources tell CNBC - TechSoftbank has fully funded $40 billion investment in OpenAI, sources tell CNBCPublished Tue, Dec 30 20259:10 AM ESTUpdated 2 Min AgoSamantha Subin@samantha_s
- Asia-Pacific markets set to open mostly lower on penultimate day of the year - Investors will be focused on China's military exercises around Taiwan today, after it announced new drills surrounding the island Monday.
- Asia-Pacific markets mostly climb after AI trade lifts Wall Street overnight - Investors in Asia will watch out for AI-related plays in the region, as well as inflation reading out of Singapore.
- China keeps benchmark lending rates steady for a seventh straight month despite weak economic data - The People's Bank of China kept its 1-year and 5-year loan prime rates unchanged at 3% and 3.5% respectively, holding them for a seventh straight meeting.
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