Workers in Thailand prepare rubber sheets for shipment. (Photo by Hiroshi Kotani)
Commodities

Rubber prices fall to 2-month low on concerns over Chinese demand

Looser supplies, slower EV sales in China drag the market down

3 August 2024
China stopped importing Japanese seafood in August 2023 over the release of treated wastewater from the Fukushima Daiichi plant.
Trade

Japan first-half food exports down 1st time in 4 years amid China row

Seafood ban spurred by Fukushima water release looms over Tokyo's targets

3 August 2024
The U.S. hiring data in July suggests the labor market's strength is fading. 
Economy

U.S. job growth misses expectations in July; unemployment rises to 4.3%

Nonfarm payrolls increased by 114,000 jobs in sign of slowdown

2 August 2024
Customers and stallholders at a flea market in Beijing, China. An adviser to the country's central government has called for support for migrant workers and the direct distribution of money to households in order to boost consumption.
Economy

China's top economist calls for higher inflation to spur growth

PBOC adviser proposes CPI growth of 2-3% as 'rigid' policy target

2 August 2024
Hotel staff assisted in clearing the Tianxiang parking lot to provide space for an emergency helicopter landing. (Photo by Jackie Chao)
Opinion

How a hotel became a mountain sanctuary during Taiwan's earthquake

Disaster showed the importance of community and self-sufficiency

2 August 2024
In July, BYD opened its first Southeast Asian EV assembly plant in Rayong, Thailand. (Photo by Shinya Sawai)
2 August 2024
Protesters engage in a clash in Dhaka on July 16. Bangladesh has been plunged into unrest after demonstrations against government job quotas. 
Bangladesh turmoil

Bangladesh protest movement launches foreign remittance freeze

Campaign calls on nearly 10 million expats to pressure government over violence

2 August 2024
Vehicles awaiting export at a shipyard in Aichi prefecture: The weak yen has often benefited exporters generating revenue from sales overseas. (Photo by Takuya Imai)
Business trends

Japanese companies see limited financing impact from BOJ hike

Mitsubishi says currency assumptions unchanged, JAL expects to benefit

2 August 2024
Bank of Japan Gov. Kazuo Ueda speaks at a news conference in Tokyo on July 31. 
Opinion

Poker-faced Ueda overplays hand as BOJ enters tightening phase

Weak yen policy has taken the onus off governments to restructure the economy

2 August 2024
Supporters of the Balochistan Yakjehti Committee listen to their leader speak during the Baloch National Gathering in Gwadar on the southwestern coast of Pakistan on July 28.
Politics

Protests disrupt Pakistan's Gwadar, home of Chinese-controlled port

Turmoil led by group demanding recovery of victims of enforced disappearances

1 August 2024
Services benefiting from inbound spending also took a blow. Department store operator Isetan Mitsukoshi Holdings dropped 11.7%. (Photo by Satoko Kawasaki)
Equities

Japan's Nikkei average drops 3.5% as yen jumps to 148 per dollar

BOJ governor's hawkish posture weighs on stocks of exporters like auto companies

1 August 2024
The nomination of Kim Moon-soo as South Korea's labor minister comes with the country experiencing high-profile strikes. (Source photos by Reuters and EPA/Jiji)
Economy

South Korea's Yoon nominates trade union opponent as labor minister

Kim Moon-soo has shed his student activist past to become staunchly conservative

1 August 2024
GDP for the ASEAN six is expected to increase by an average of 5.1% annually until 2034, outpacing China's projected growth of 3.5% to 4.5%. (Source photos by Ken Kobayashi and Reuters)
Economy

Southeast Asia to outpace China's GDP growth and foreign investment: report

Think tank projects 5.1% average growth next decade in six key economies

1 August 2024
The Bangkok headquarters of CP All, one of the companies whose shares have benefited from announcements related to the government's digital wallet initiative.
Equities

Thailand's top stocks reap gains on digital wallet rollout

Food retailers, convenience stores and lenders among main beneficiaries

1 August 2024
Federal Reserve officials have been gaining confidence that price pressures are moderating, Fed Chair Jerome Powell said.
Economy

Fed holds rates steady, nods to possible September cut

Powell says U.S. economy 'moving closer' to appropriate point for lower borrowing costs

1 August 2024
President Xi Jinping must know property-related tax reform is needed, but party cadres with vested interests stand in his way. (Nikkei montage/Source photos by Yusuke Hinata)
China up close

Analysis: 'Chinese dream' gives way to an urban legend in Shenzhen

Real estate heartache leads to a tale of couples feigning divorce to get a loan

1 August 2024
The BOJ's monetary policy decision on July 31 sent the Japanese yen to a high it had not touched since mid-March. (Photo by Nanami Sato)
Currencies

Yen jumps on BOJ chief's hawkish stance

Kazuo Ueda remains open to further rate hikes, pending economic growth and inflation

31 July 2024
A street in Taipei. The Taiwanese economy performed better than expected in the second quarter.
Economy

Taiwan's Q2 GDP tops forecasts on AI boom

Economy grows more than 5% as full-year picture brightens

31 July 2024
Bank of Japan Gov. Kazuo Ueda speaks at a news conference after its policy meeting in Tokyo on July 31. (Photo by Yutaka Miyaguchi)
31 July 2024
A thermometer shows a temperature of 44C in Athens, Greece, on July 18.
Opinion

World should take note of a new trade and climate change deal

ACCTS agreement between 4 small nations is a practical model for all economies

31 July 2024
A steel mill in Hubei province. China's manufacturing activity declined for the third straight month in July as orders shrank.
Economy

China's factory activity shrinks for third month amid tepid demand

Stimulus measures have so far failed to revive business confidence

31 July 2024
While Southeast Asian retailers and manufacturers are seeking relief from what they see as unfair competition, government officials are trying to persuade Chinese companies to invest in local production, especially in high-tech sectors. (Illustration by Daniel Garcia)
The Big Story

Southeast Asia pushes back on cheap Chinese imports

E-commerce and EVs force balancing between tariffs and pursuit of high-tech investments

31 July 2024
The Bank of Japan will discuss increasing the policy rate to 0.25% at its two-day policy board meeting through July 31. (Photo by Satoko Kawasaki)
Bank of Japan

BOJ to weigh rate hike to 0.25% at Wednesday policy meeting

Japan central bank seen halving JGB purchases within 2 years amid steady inflation

31 July 2024
IPEF nations have established a network that will take action whenever supply chains are disrupted.
Supply Chain

South Korea, Japan to help crisis-proof Indo-Pacific supply chain

14 IPEF members to share chips and medical supplies in emergencies

31 July 2024
A Harley-Davidson Japan office in Tokyo has been inspected over allegations that the subsidiary of the American motorcycle maker breached the Antimonopoly Act.
Automobiles

Harley-Davidson Japan faces probe over excessive sales quotas

Antitrust watchdog looks into allegations dealers were forced to buy unsold units

30 July 2024