Economy

Tourists in Singapore in late January: The tourism agency expects a 25% to 30% drop in visitor arrivals this year.
Economy

Singapore unveils $33bn pandemic relief plan after GDP shrinks 2.2%

City-state forecasts 1-4% full-year contraction as ASEAN impact crystallizes

26 March 2020
A woman wearing protective mask and gloves seen on a Mass Rapid Transit train during a movement control order in Kuala Lumpur on Sunday.
Coronavirus

From New Delhi to Bangkok, Asia's megacities shackled

Travel bans to contain coronavirus sap region's economic lifeblood

24 March 2020
Pedestrians in Seoul: Governments across Asia are scrambling to mitigate the economic impact of the coronavirus pandemic.
Coronavirus

Asia turns on the fiscal taps to cushion coronavirus impact

As crisis drags on, governments face pressure to offer even more aid

23 March 2020
Tokyo stocks were on the rebound after trading opened on March 23.
Markets

Asian stocks take further dive as US stimulus talks falter

Nikkei supported by weakening yen, a potential boon to country's exporters

23 March 2020
A freeway sits almost empty in downtown Los Angeles, after California's Gov. Gavin Newsom issued an unprecedented statewide "stay at home order" directing the state's 40 million residents to hunker down in their homes for the foreseeable future during the global outbreak of coronavirus disease, in California, U.S., on March 20, 2020.
Coronavirus: Free to read

Coronavirus: Week of Mar. 15 to Mar. 21, New York orders millions to stay indoors

Mainland China reports zero new local cases for 3rd day; worldwide total surges

21 March 2020
Stream article image
20 March 2020
A Maserati dealership in Seoul: South Korea saw the biggest jump in the number of high net worth individuals last year, according to Knight Frank's survey. 
Economy

Ranks of crazy rich Asians grow but heirs face uncertain future

Studies show region's wealthy shy away from touchy subject of succession

19 March 2020
Empty check-in counters at Don Mueang International Airport in Thailand are evidence of the sharp decline in Southeast Asian tourism amid the new coronavirus pandemic.
Datawatch

Southeast Asia faces budget deficits if tourist numbers drop 50%

Coronavirus pandemic exposes fragility of tourism-dependent economies

18 March 2020
Osaka's Dotonbori district: The city is one of the world's three most expensive, topping Tokyo when it comes to things like clothing and recreation. (Photo by Tsuyoshi Tamehiro)
Economy

Osaka joins Singapore and Hong Kong atop priciest cities ranking

Coronavirus expected to affect future Economist Intelligence Unit findings

18 March 2020
Rodrigo Duterte speaks during an Inter-Agency Task Force for the Management of Emerging Infectious Diseases at the Malacanang presidential palace on Mar. 16: the Philippine president has been trying to please China.
Opinion

Philippines ignored neighbors' lessons on how to tackle coronavirus

Manila lockdown comes far too late after Duterte tried to placate China

18 March 2020
Stream article image
Nikkei Markets

Asian stocks decline as governments impose more curbs to check virus outbreak

Investors worry restrictions to further damp economic activities

18 March 2020
Protesters in Hong Kong hold an anti-government demonstration on Jan. 1. A Hong Kong spokesman on Tuesday acknowledged that "local social unrest" might have affected the city's ranking in the Heritage study.
Economy

Hong Kong loses Heritage 'economic freedom' crown to Singapore

Months of anti-government protests undermine rating of investment environment

17 March 2020
According to data released by trade agency Enterprise Singapore, non-oil domestic exports rose 3.0% year-on-year in February.
Nikkei Markets

Singapore exports surprise with growth amid COVID-19 outbreak

Gains not sustainable as virus slams more markets, supply chains, say economists

17 March 2020
Jittery trading on the Nikkei reflected investor sentiment as Asian markets began to open following the U.S. Fed's actions. (Photo by Shihoko Nakaoka)
Markets

Asian markets fall as BOJ action leaves investors unimpressed

More intervention pledged by central bank to address coronavirus crisis

16 March 2020
Trump has ramped up the global blame game.
Opinion

Three reasons Asia should fear Trump's coronavirus fiasco

His incompetence and vitriol will have economic consequences for China and region

16 March 2020
A student attends an online class at home in Fuyang, China on March 2: traditional education would be upended by technology.
Opinion

Teaching technology stands to be rare winner from coronavirus

Edtech and medtech have reached maturity and will change how we operate

12 March 2020
Singapore retailers have been badly hit by the fall in visitor arrivals, and many have already shortened operating hours and reduced staffing levels to cut expenses.
Nikkei Markets

Singapore growth forecasts slashed as virus hits key sectors

Contraction expected as economists see more support measures

11 March 2020
Lujiazui financial district in Shanghai, pictured on Feb. 5: the coronavirus outbreak is nothing short of a human credit squeeze. 
Opinion

Asia has little hope of economic recovery in 2020

Coronavirus, oil shock, weakened central banks all bode ill for struggling region

11 March 2020
Stream article image
Nikkei Markets

Asian equities jump as crude oil rebound lifts energy stocks

ComfortDelGro rises after announcing UK acquisition

10 March 2020
Stream article image
Nikkei Markets

Asian stocks skid amid crude oil rout, virus fears

Oil-related shares lead losses after Brent futures plunge

9 March 2020
The Nikkei stock index fell 5% to close at 19,698.76 yen on March 9. (Photo by Kento Awashima) 
Markets

Asian stocks plunge, as yen and bonds surge after oil plummets

Saudi Arabia poised to pump more crude even as coronavirus spooks global economy

9 March 2020
The Philippines' ratio of women in senior management positions stood at 43%, versus just 12% in Japan.
Economy

Women in management: Southeast Asia improves but Singapore slips

Philippines' ratio of female execs tops region as Japan lags behind at 12%

7 March 2020
Stream article image
Markets

Despite coronavirus fears, private banks back stocks after rout

Dividends from quality stocks hard to beat, say many

5 March 2020
A street sign for Wall Street is seen outside the New York Stock Exchange in Manhattan, New York.
29 February 2020
AI is creating unfamiliar possibilities.
Opinion

It is time for G-20 to give way to tech-driven AI-20

Multilateral body based on harnessing artificial intelligence is way forward

28 February 2020