Indonesian President Joko "Jokowi" Widodo hands a "golden visa" certificate to Shin Tae-yong, a South Korean who coaches Indonesia's national soccer team. (Photo by Ismi Damayanti)
Politics

Indonesia launches 'golden visa' program to attract business investment

Pricey permits might also reduce the number of digital nomads living in Bali

25 July 2024
In this photo provided by the Philippine Coast Guard, an aerial survey is conducted as part of an oil spill response operation in Manila Bay on July 25. The sinking of a tanker raised fears over a possible spill. (Philippine Coast Guard via AP)
Natural disasters

Taiwan and Philippines lashed by typhoon, oil tanker sinks

Dozens killed in flooding and landslides as storm moves toward China

25 July 2024
The Central Business District in Beijing. China's central bank has lowered the rate at which it lends to financial institutions.
Economy

China surprises with one-year policy interest rate cut

Unscheduled MLF adjustment adds to flurry of moves to prop up economy

25 July 2024
A vacant storefront in central Seoul. (Photo by Ahn Seong-bok)
Economy

South Korea's Q2 GDP shrinks 0.2% as incomes decline

Country's economy caught between robust exports and weak domestic conditions

25 July 2024
Japan led investment in the U.S. with $783 billion in mergers and acquisitions and greenfield purchases in 2023.
25 July 2024
Joseph Wu, Taiwan's previous foreign minister, left, and Filip Grzegorzewski, head of the European Union office in Taipei, commemorate 20 years of ties between the EU and Taiwan in Taipei in June 2023.
Opinion

Europe must prepare militarily and economically for a Taiwan war

Once merely aware of the risks, European leaders now have deep concerns

25 July 2024
Taiwan's Premier Cho Jung-tai speaks with Nikkei Asia in an interview in Taipei. (Photo: Taiwan's Executive Yuan)
Interview

Taiwan's premier pushes $100bn economic reform, unfazed by opposition

Cho Jung-tai aims to capitalize on investor wariness of China

25 July 2024
Xi Jinping might have just given himself an ace in the hole in his high-stakes game of politics to extend his reign beyond 2027. (Nikkei montage/Source photos by AP and Getty Images)
China up close

Analysis: China's new 2029 reform goal shows Xi Jinping is worried

New target might also be a gambit to help a decoupled China emerge strong

25 July 2024
The minimum wage increase follows historic pay rises by private companies in this year's spring wage talks. 
Society

Japan government panel OKs sharpest minimum wage rise amid inflation

50 yen hike increases hourly rate to record 1,054 yen

24 July 2024
Rescuers assist residents in the Metro Manila city of Marikina on July 24 amid heavy rains brought by Typhoon Gaemi.
Natural disasters

Typhoon Gaemi dumps heavy rain in Manila; 114 flights canceled

More than 600,000 people displaced, with 16 cities asking for emergency funding

24 July 2024
Members of the media report near the shore as Typhoon Gaemi approaches in Keelung, Taiwan, on July 24.
Natural disasters

Typhoon Gaemi strengthens as it nears Taiwan, military on standby

War games curtailed, flights scrapped and financial markets suspended

24 July 2024
Malaysian Prime Minister Anwar Ibrahim is likely to stay in power until the next general election, expected in 2027.
Opinion

Malaysia sheds short-termism to become Asia's comeback kid

Investors embrace political stability as alarms sound over Thailand's fragility

24 July 2024
Thailand's Finance Minister Pichai Chunhavajira says the government's ($14 billion) digital wallet program is needed to raise incomes in the countrty. (Photo by Hiroki Endo)
Economy

Thailand sets $14bn digital wallet registration for August 1

Srettha government stands firm on handout to revive flagging economy

24 July 2024
Sri Lanka's inflation dropped to 1.7% in June, a sharp contrast to the 70% in September 2022 during the height of the financial crisis.
Economy

Sri Lanka cuts rates by 0.25% to help fuel economic recovery

Central bank expects inflation to remain below 5% target in medium term

24 July 2024
A construction site in Beijing. The Chinese government is seeking to jump-start economic growth.
Economy

China's desire for growth revealed in word count of economic road map

Mentions of 'development' surge compared with 2013 document

24 July 2024
India's Finance Minister Nirmala Sitharaman holds up a folder with the Government of India's logo as she leaves her office to present the union budget in the parliament in New Delhi on July 23.
Economy

Modi government focuses on job creation in post-election budget

Bonanza for states under Indian allies as new administration needs their support

23 July 2024
Han Dong-hoon speaks after being elected leader of the ruling People Power Party in Goyang, South Korea on July 23. (Photo by Junnosuke Kobara)
Politics

South Korea's ruling PPP picks ex-justice minister as new leader

President Yoon Suk Yeol's party tries to reboot after April's electoral drubbing

23 July 2024
Companies hold around 10% of Japanese stocks, less than one-fifth as much as in the bubble era, according to the Nomura Institute of Capital Markets Research. (Photo by Yuki Kohara)
Equities

Japan Inc. speeds unwinding of cross-held shares amid rally

Planned consolidation of Topix based on free float encourages stock sales

23 July 2024
The third plenary session of the 20th Communist Party of China's Central Committee was held from July 15 to 18 in Beijing.
Opinion

China misses plenum chance to steady economy before U.S. election

Beijing risks losing grip as property market woes, consumer slump threaten stability

23 July 2024
This SRT train in Bangkok's Krung Thep Aphiwat Central Station prepares to depart for Vientiane on the newly opened line on July 19. (Photo by Shinya Sawai)
Transportation

Thailand's new rail links carry hope for expanded Chinese trade

Laos-China railway become a key gateway for Thai and Malaysian exports

23 July 2024
Clothing shop in Beijing: Some economists have called on the Chinese government to spur domestic spending to absorb present industrial overcapacity.  
Economy

Five takeaways from China plenum's economic blueprint

Long-term guideline calls for resilience but without household demand boost

22 July 2024
A man walks past damaged vehicles that were set afire by a mob after violence answered student protests against government job quotas, in Dhaka, Bangladesh, on July 21.
Bangladesh turmoil

Bangladesh protesters demand government take responsibility for deaths

Prime Minister Sheikh Hasina called on to apologize and fire the home minister

22 July 2024
To Lam's rise to lead the Communist Party of Vietnam follows a 20-month period of political turmoil.
Opinion

Why To Lam's pragmatic authoritarianism will be good for Vietnam

Nguyen Phu Trong had been the last of a dying breed of Marxist ideologues

22 July 2024
The People's Bank of China building in Beijing. The central bank is deploying monetary policy tools to drive growth and shore up faith in the economy.
Economy

China cuts key lending rate to revive flagging economy

One- and five-year prime rates reduced days after anticlimactic third plenum

22 July 2024
Vietnam's Bamboo Airways Chairman Trinh Van Quyet applauds near an Airbus A321 aircraft at a ceremony at Noi Bai airport in Hanoi on Jan. 16, 2019. 
Crime

Vietnam $28m stock pump-and-dump trial opens

FLC property and airline founder accused of 'sky-high' price manipulation

22 July 2024