Economy

A grower picks apples from tightly packed trees in a Kashmir orchard. High-density planting is increasingly popular in the region. (Photo by Kaleem Geelani) 
Agriculture

Ripe for change: Kashmir apple orchards get modern overhaul

Some farmers switch to high-density planting to help profits grow

6 September 2022
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Podcast

Asia Stream: Turkey's Rise on the World Stage

Turkish President Recep Tayyip Erdogan's quest to restore his nation's great-power status began when the AKP took control of the government 20 years ago. We discuss Turkey's role in the world today.

3 September 2022
Russian President Vladimir Putin, left, shakes hands with Indian Prime Minister Narendra Modi ahead of their meeting in New Delhi on Dec. 6. 2021.
Comment

India attempts to diversify energy sources with cheap Russian oil

Despite Western pressure, New Delhi says more imports from Moscow are best for nation

29 August 2022
A Chinese vessel sits near oil tanks at a refinery in Dalian, China.
Energy

China's oil imports led by Russia for first time since Ukraine war

Shipments grew 55% in May as Western sanctions depressed demand

22 June 2022
Reviving Thailand's tourism industry will involve reduced dependence on the China market, more arrivals from new markets, and maintaining attention on domestic travelers.
Travel & Leisure

Thai hotels court Indian and local tourists to fill China void

Europeans top returnees but cannot match Arab and Chinese spending

15 June 2022
A man appears to check the cost of cooking oil in a supermarket in Tehran. Surging food prices and other economic challenges are ramping up pressure on Iran's leaders to get nuclear talks with the West back on track. (West Asia News Agency via Reuters) 
Economy

Iran's hopes for economic recovery dashed by IAEA condemnation

In bid to save nuclear deal, spokesperson says all recent actions are 'reversible'

14 June 2022
The apparel industry dumps 92 million tons of textiles a year. The European Union hopes new rules will increase recycling, repair and second-hand retail. (Source photos by Ken Kobayashi and AFP/Jiji)
Business Spotlight

From China to India, Asia braces for EU plan to kill fast fashion

Supply chains may have to shift to recyclable, durable clothes -- with uncertain consequences

10 June 2022
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Podcast

Asia Stream: Asia's Inflation Dilemma

Rising prices are hurting wallets across the world. The crisis is particularly bad in Sri Lanka and Turkey, and in Japan, people are facing inflation for the first time in decades.

20 May 2022
Tomatoes for sale at a street market in Istanbul. Turkey's consumers are grappling with surging prices as inflation hit its highest level in 20 years in March.
Finance

Turkey holds key rate at 14% even with inflation at 61%

Bank blames rising prices on external factors, as economists see CPI hitting 70%

14 April 2022
Production in Myanmar's Yadana gas field faces possible disruption as Western operation partners prepare to pull out. (Photo courtesy of PTTEP)
Energy

Russia-Ukraine war prompts PTTEP to produce more oil and gas

Thai exploration arm invests massively to boost profits, secure energy supply

14 April 2022
Workers produce face masks at a Turkish manufacturer's facility in Istanbul. Exports surged in 2021 as multinational companies turned to the country amid supply chain bottlenecks.
Economy

Turkey posts G-20 topping 11% growth in 2021 as exports surge

Country benefits from supply-chain realignment, despite runaway inflation

28 February 2022
A wheat field in the Stavropol region of Russia, the world's top exporter of the grain.
Ukraine war

Ukraine crisis sends grain prices soaring, threatens food security

Wheat and corn costs approach levels seen during Arab Spring unrest

12 February 2022
Higher energy prices are feeding through to the cost of other commodities, such as aluminum and grain. (Source photos by AP and Reuters) 
Commodities

Global commodity prices soar 50%, fastest pace in 27 years

Fears grow inflation could become source of political instability worldwide

10 February 2022
Turkish Finance Minister Nureddin Nebati believes the country's inflation rate will reach its peak in April. (Photo by Momoko Kidera) 
Interview

Turkish finance minister expects inflation to peak in April

Nureddin Nebati tells Nikkei he is confident the lira will stabilize in 2022

3 February 2022
South Korean President Moon Jae-in, left, meets with Egyptian counterpart Abdel Fattah el-Sisi in Cairo on Jan. 20.
International relations

South Korea inks deal to lend Egypt $1bn for infrastructure

With Moon in Cairo, leaders also discuss sale of self-propelled howitzers

21 January 2022
Kashmiri workers pack apples into boxes to be sold in markets across India. (Photo by Kaleem Geelani)
Trade

Kashmir's apple growers demand action against Iranian imports

Protests mount as prices plunge and unsold produce piles up

17 January 2022
A man uses his smartphone flashlight to light up his bowl of noodles at a restaurant during a blackout in Shenyang in September 2021: China is not the only one capable of making mistakes.
Opinion

World needs a long-term plan to avoid repeat energy crises

Counterproductive short-term fixes will only lead to more economic pain

7 January 2022
People stand in front of the spice market also known as the Egyptian Bazaar in Istanbul, Turkey.
Interview

Turkey weighs inflation-protected lira bonds to bolster currency

Bank deposit guarantee will attract $16bn in 1st month, Erdogan's financial adviser says

1 January 2022
Air quality in Basra, Iraq is extremely poor as oil refineries continuously flare toxic gas.
Climate Change

Divestment in oil industry adding to global pollution problems

Transfer of green tech to sector slows as Chinese, Russian firms takeover

30 December 2021
Turkish President Recep Tayyip Erdogan delivers a speech at a meeting with economists and academics at Dolmabahce Office in Istanbul on Dec. 24. (Photo courtesy of the presidency)
Markets

Turkish elections may hinge on short window of lira calm

Erdogan says forex 'bubble' has burst and country heading for stable summer

26 December 2021
Turkish President Tayyip Erdogan addresses the media after a cabinet meeting in Ankara on Dec. 20. (Photo by Murat Cetinmuhurdar/PPO/Handout via Reuters) 
Currencies

Turkey's lira rallies late after Erdogan bolsters currency

Nation's bank group says about $1bn sold in markets

21 December 2021
Wamkele Mene, secretary-general of the African Continental Free Trade Area, left, and Turkish Trade Minister Mehmet Mus signed a memorandum of understanding regarding cooperation toward accelerating trade and investment on the sidelines of the third Turkey-Africa Partnership Summit in Istanbul.
Indo-Pacific

Leader of African trade bloc issues call for Asian investors

Mene moves to boost Turkish investment in Africa during Istanbul summit

20 December 2021
The meltdown of the lira is quickly pushing up the cost of living in Turkey through a greater dependence on imported goods and materials.
17 December 2021
Workers walk towards the construction site of the Lusail stadium in Doha  that will be used in the 2022 soccer World Cup in this December 2019 photo.
International relations

Qatar faces fresh pressure over treatment of foreign workers

Ahead of World Cup, minister calls criticism of death rates 'demonization of Qatar'

13 December 2021
The Burj Khalifa, the tallest building in the world, is seen in downtown Dubai, United Arab Emirates. 
Economy

UAE shifts to Saturday-Sunday weekend in line with global markets

Working week will be 4.5 days, with Friday half off

7 December 2021