A street scene in Shanghai. China had neared the threshold for a high-income country but is now slipping away.
Economy

China slips further from high-income status as earnings measure dips

Per capita GNI edges down 0.1% in dollars on economic and yuan weakness

1 March 2024
China's real estate slump is threatening to throw the economy into a prolonged slowdown.
China debt crunch

Chinese sales of bad-loan securities jump 46% in 2023

Real estate slump could lead to prolonged economic stagnation, Japan report warns

29 February 2024
TSMC headquarters in Hsinchu: The manufacturing sector was a key driver of Taiwanese economic growth after the island's market bubble burst.
Opinion

Taiwan's post-bubble recovery holds lessons for China

Active monetary and industrial policy played key roles in island's turnaround

29 February 2024
A baby in Seoul. South Korean policymakers have for years been seeking measures to spur more births. (File photo by Reuters)
Society

Singapore and South Korea fertility rates fall to record lows

Heavy government spending to encourage more births fails to reverse trend

28 February 2024
Japan's trade ministry said there were 103 serious product accidents involving products purchased online in 2022, six times more than 10 years earlier. (Photo by Hiroki Obayashi)
Trade

Japan to require foreign e-tailers to have local person in charge

Trade ministry devises new e-commerce rules amid safety concerns

28 February 2024
Japanese Prime Minister Fumio Kishida faces questions in the Diet about LDP funding controversies, but the real scandal of 2024 may be economic malpractice.
Opinion

New Nikkei 225 high should be an unmissable cue for Kishida

With growth slumping, Japanese prime minister needs to lay out reform plan

28 February 2024
Nippon Steel's planned acquisition of U.S. Steel has been opposed by the United Steelworkers union and lawmakers from Pennsylvania, where the American company is based. 
Trade

Nippon Steel taps Republican lobby firepower for U.S. Steel deal

Former congressional staffer retained to help advocate on Capitol Hill

28 February 2024
If former U.S. President Donald Trump wins the November election, he is expected to revive protectionist policies, including imposing import tariffs. 
Interview

Trump could impose universal tariff on Day 1: ex-U.S. trade official

Former USTR chief of staff expects push to end trade deficit with Japan

27 February 2024
A person shops at a supermarket in Tokyo. (Photo by Nanami Sato)
Inflation

Japan's core inflation falls to lowest level in 22 months

Core CPI, which excludes fresh food, slows to 2%, matching BOJ target

27 February 2024
China Construction Bank is financing nearly 100 real estate projects on a newly created government white list.
27 February 2024
The BOJ is widely expected to end its negative interest policy, introduced in January 2016, this spring. (Source photos by Nanami Sato and Kohnosuke Urata)
Market Spotlight

Japan stocks give boost to BOJ's case for monetary tightening

Investors anticipate rate hike to 0-0.1% in April as Japanese yen hovers near 34-year low

26 February 2024
A man looks at listings of homes for sale at a Shanghai broker on Oct. 10, 2023.
Caixin

Chinese banks in Guangzhou ease first-home mortgage requirements

Move comes as country ramps up support for troubled property sector

26 February 2024
Respondents not expressing a party preference climbed 4 points to 36%, topping the LDP's level of support for a third straight month. (Photo by Uichiro Kasai)
Politics

Japan's ruling LDP registers weakest support since return to power

PM Kishida's approval rating slides to record low in wake of fundraising scandal

26 February 2024
In Turkey and other Mediterranean countries, wild tuna are captured and then farmed in pens. (Photo by Momoko Kidera)
Fisheries

Turkish tuna farmers tripled exports to Japan over past decade

Industry expands operations into North Africa and seeks a larger fishing quota

25 February 2024
People walk through a crowded market in Mumbai. India will announce gross domestic product in the October-December quarter on March 1.
Your Week in Asia

Cobra Gold military exercise, South Korean birth rate, India GDP

Your weekly lineup of Asia's biggest business and political events

25 February 2024
Former U.S. President and Republican presidential candidate Donald Trump has vowed to scrap the framework should he return to the White House.
Indo-Pacific

Trump comeback threatens to scuttle IPEF in its infancy

Economic framework's supply chain agreement goes into effect Saturday

24 February 2024
China's real estate slump and concern over long-term growth have weighed on stock prices.
Markets

Shanghai stock index reclaims 3,000 mark in recovery rally

State-backed support underpins eight straight days of gains

24 February 2024
The S&P 500 index has climbed above 5,000 for the first time ever.
Markets

Historic stock rallies fuel investor optimism as China apathy lingers

Investors still bullish on Asia-Pacific while Chinese economy loses steam

23 February 2024
Russian President Vladimir Putin, left, inspects infantry fighting vehicles in November 2015. (Reuters/Alexei Nikolskyi/Sputnik/Kremlin)
Ukraine war

Russia procures tank parts from Japan and Taiwan via China

Documents show company in Shenzhen used to evade U.S., U.K. sanctions

23 February 2024
Siem Reap-Angkor International Airport opened last November as a gateway to Cambodia's top tourist destination, the Angkor Wat temple complex.
Transportation

Cambodia's airport dreams stall as Chinese money dries up

Residents say they've been pushed off land to make way for big-ticket projects

23 February 2024
U.S. commerce official Thea D. Rozman Kendler says Washington has no interest in expanding restrictions on cutting-edge exports to China to legacy chips. (Photo by Sadayasu Senju)
US-China tensions

U.S. export curbs on China won't extend to legacy chips: official

Assistant commerce secretary says controls are 'as narrow as possible'

23 February 2024
The Nikkei Stock Average jumped nearly 900 points at one point on Thursday. (Photo by Yutaka Miyaguchi)
Markets

Japan's Nikkei Stock Average closes above 1989's all-time high

Benchmark index among top performers for major stock markets since last year

22 February 2024
The Bank of Korea has highlighted stubborn inflation and high household debt as challenges for the economy.
Economy

South Korea holds growth projection while flagging inflation risk

Policymakers keep key lending rate unchanged for ninth consecutive session

22 February 2024
Aeon, a leading Japanese retailer, has agreed to raise pay 6.4% for full-time workers and 7% for part-timers.
Business trends

Honda, Aeon agree to full wage hike demands in big labor wins

Top Japan companies offer 5%-plus pay increases, but outlook for small businesses unclear

22 February 2024
A train arrives at a metro station in the Dominican Republic's capital in 2011. The nation's government is looking to expand transport system in the capital.
International relations

Japan aims to export metro railway tech to Dominican Republic

Tokyo's push comes as China's influence grows in Latin America

21 February 2024