Workers at a commercial housing complex under construction by China Vanke in Nanjing, Jiangsu province. Labor disputes involving the property and manufacturing sectors have swelled in the first half of 2024 due to an economic slowdown.
Economy

Strikes hit China's property, manufacturing sectors as growth slows

Labor disputes reflect disparities in the country's social safety net

12 August 2024
The number of people aged 60 and older has risen from 126 million in 2000 to 297 million in 2023, doubling their share of the population.
Caixin

China moves to raise retirement age to ease labor and pension concerns

Aging population, declining birth rate strain social security system

12 August 2024
The market fluctuation comes as the government is encouraging more households to direct their cash and savings worth 1,050 trillion yen ($7.1 trillion) into stocks and mutual funds. (Source photos by Yo Inoue and Toshiki Sasazu)
Market Spotlight

Japan retail investors keep the faith in stocks despite historic volatility

Mom-and-pop investors are seen 'buying the dip' in domestic and global stocks

12 August 2024
Taliban fighters outside the Interior Ministry in Kabul in August 2021, after the militant group retook power in Afghanistan.
Your Week in Asia

Taliban takeover anniversary, Japan GDP, Greater China earnings

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

11 August 2024
According to the International Monetary Fund, as of March 2024, the total balance of global foreign reserves stood at $12.3499 trillion, with the dollar accounting for 58.9% based on currency allocation.
Currencies

Central banks dump dollars and yuan in favor of gold

The 'stateless currency' shines as a haven amid geopolitical tension

10 August 2024
Bank of Japan Gov. Kazuo Ueda speaks at a press conference following a monetary policy meeting on July 31. (Photo by Yutaka Miyaguchi)
Opinion

BOJ still on hawkish track despite dovish bid to cool market turmoil

Central bank must improve communication, economy judgment and risk assessment

10 August 2024
Stream article image
Markets

On topic: Japan stocks hit by historic turbulence

A collection of stories on current hot topics

10 August 2024
Same-store sales in the first half were up 7.1% year-on-year.
Food & Beverage

McDonald's Japan supersizes profit, pairing price hikes and promotions

But popular $5 meals in U.S. spark concern about consumer cutbacks

10 August 2024
Companies listed on Tokyo's Prime market have seen three consecutive years of record high profits. (Photo by Konosuke Urata)
Business trends

Japan corporate profits up 10% on weak yen, AI demand

Toyota, Hitachi among winners in April-June as China slump drags on others

10 August 2024
An electric vehicle from China's Dongfeng Motor. The European Union has imposed provisional tariffs of up to 37.6% on EVs made in China, saying they unfairly benefit from government subsidies.
Electric vehicles

China files WTO complaint against EU over tariffs on EVs

Beijing says it will 'safeguard the development rights and interests' of industry

9 August 2024
The Japan Meteorological Agency's website shows earthquake information on Aug. 9.
Society

M5.3 quake jolts Japan's Kanagawa Prefecture near Tokyo

Temblor occurs after first-ever advisory on expected Nankai Trough megaquake

9 August 2024
Japanese government experts gather to discuss the potential for a Nankai Trough earthquake at a meeting on Aug. 8 in Tokyo.
Natural disasters

Japan's Nankai Trough earthquake advisory: 5 things to know

Country reacts with calm concern over heightened chance of major disaster

9 August 2024
Higher bonus payments appear to have helped boost Japan's private consumption in June. (Photo by Arisa Moriyama)
Economy

Japan's June GDP shrinks 0.3% despite consumption recovery: JCER

Increased imports and weak corporate investment offset the effect of higher bonuses

9 August 2024
Japanese Prime Minister Fumio Kishida has canceled his trip to Central Asia. (Photo by Toshiki Sasazu)
International relations

Japan PM cancels Central Asia and Mongolia trip over megaquake advisory

Nation's weather agency made warning after magnitude-7.1 quake on Thursday

9 August 2024
A pork vendor attends to a customer at a market in Beijing. Weak consumer demand is weighing on the world's No. 2 economy.
Economy

China's July consumer inflation tops forecast, producer deflation persists

Heat and rain push up food prices amid concerns over weak demand

9 August 2024
The mighty dollar has taken a 10% hit since early July from a suddenly strengthening Japanese yen. (Photo by Yuji Murakami)
Currencies

Currency strategists see yen closing out the year in the mid-140s

Speculators scurry to reduce their bets on the yen's fall

9 August 2024
A Toyota Kirloskar Auto Parts factory that makes transmission systems for hybrid cars in Bidadi, in the southern Indian state of Karnataka.
Opinion

India is well placed to become the 'next China' and drive global growth

Nation faces opportunities and challenges in becoming an economic powerhouse

9 August 2024
Japanese meteorological experts provided additional information on the Nankai Trough earthquake on Aug. 8. (Photo by Dai Kuwamura)
Natural disasters

Japan issues advisory over possible Nankai Trough earthquake

Government sees 'relatively higher' chance after 7.1-magnitude temblor off Kyushu

8 August 2024
Workers get lunch from roadside stalls near buildings under construction in Shenzhen's Qianhai New District, a commercial development sector of the city. The city government has begun to convert unsold apartments within its jurisdiction into affordable housing 
Property

Shenzhen throws weight behind China's drive to absorb unsold homes

City joins nationwide plan to convert abandoned projects into affordable housing

8 August 2024
Like the Japanese yen, the Chinese yuan has been used to make carry trades -- borrowing in currencies of countries with low yields and investing in those with higher ones.
Currencies

Chinese yuan rally puts central bank's next moves in spotlight

Firmer currency could enable more monetary easing, analysts say, with caveats

7 August 2024
Dovish comments by the Bank of Japan's deputy governor drove up stock prices on Aug. 7. (Photo by Akitoshi Sugiura)
Equities

Japan stocks close up 1% on dovish BOJ signal

Financial shares such as SMFG and MUFG are biggest gainers

7 August 2024
An aerial view shows containers and cargo vessels at the Qingdao port in Shandong province, China. 
Economy

China posts 7.2% import jump for July as stimulus spurs industrial demand

Exports up 7%, led by shipments to Southeast Asia, EU and U.S.

7 August 2024
HP has built up a massive China-focused supply chain for PCs but is now looking to reduce its reliance on Asia's biggest economy.   
Supply Chain

HP plans its most aggressive shift of production away from China

Thailand emerges as major factory destination as PC maker hires engineers in Singapore

7 August 2024
Goldman Sachs in a note said investors typically profit when they buy after a 5% selloff in the S&P 500 index.
Markets

Wall Street bounces back after global stocks rout

Fed officials push back on bearish sentiment about U.S. economy

7 August 2024
Vice President Kamala Harris' jump to the top of the Democratic Party's 2024 presidential election ticket caught many Washington diplomats off guard. While they weigh whether she will extend President Joe Biden's current Asia policies, they must also prepare for the prospect of a new, unpredictable term for former President Donald Trump.
The Big Story

Harris takes on Trump: Asia braces as U.S. heads toward poll

As diplomats weigh policy hints, VP picks Walz and Vance vie for working class votes

7 August 2024