Headlines

Democratic sweep a bigger win for Asia than markets realize

Asia’s markets reacted to the Democrats’ sweep of Congress as if the region had lost. Over the next year, it’s likely to come out ahead. The early selling was loud and narrow. South Korea’s benchmark plunged as much as 4% before finishing the day 0.6% higher. Japan’s Nikkei

Asia •

Trump's midterm rebuke gives trading partners room to resist

SEOUL/TOKYO/NEW DELHI/BEIJING, Nov 4 - A backlash against President Donald Trump's Republican Party over rising living costs in the midterm elections could embolden countries around the world to resist his combative trade policies, which have raised prices for American consumers.

Asia •

Winners and losers of the 2026 midterms

Democrats pulled off the blue wave of their dreams on Tuesday, winning the House and Senate majorities in a stunning cap to the most expensive midterm election cycle on record. The midterm results are a massive victory for the party, which suffered bruising losses in the last