Shipping containers lie in piles at a port in China's Jiangsu province on Sept. 10.
Caixin

Freight rates plummet as China's export growth slows

Shanghai container index for North America route down nearly 40% from July highs

16 September 2024
International students attending job fairs in Tokyo. For many of them, language is a major challenge when it comes to finding work. (Photo by Ken Kobayashi)
Education

More international students work in Japan, but face barriers

Language hurdles remain problematic despite increasing demand for labor

16 September 2024
A Pizza Hut Wow worker slices a small pizza for one at a location in Shenzhen. (Photo by Wataru Suzuki)
Consumer

China's restaurants battle for solo diners, from pizza to hot pot

Shrinking households and economic jitters fuel demand for smaller servings

16 September 2024
Nobel laureate Muhammad Yunus arriving at Dhaka's Hazrat Shahjalal International Airport on Aug. 8. Yunus is leading a caretaker government after the ouster of Prime Minister Sheikh Hasina.
Bangladesh turmoil

Bangladesh eyes 'reset, reform, restart' after U.S. delegation visit

Washington pledges aid as caretaker government pushes toward elections

16 September 2024
A recent report published by the Economist Intelligence Unit says, "Singapore has solidified its position as an international financial center, benefiting from China's crackdown on the rival business hub of Hong Kong." (Source photos by Ken Kobayashi)
Finance

Singapore to 'mop up' finance business leaving Hong Kong: report

EIU says Japan and India also to benefit amid Chinese markets' challenges

16 September 2024
Local residents wade through water with their cattle in Naypyitaw on Sept. 14.
Natural disasters

Myanmar's flooding death toll rises to 113, government says

Five dams, four pagodas and 65,000-plus houses destroyed, state media report

16 September 2024
People in this file photo walk with umbrellas on a bridge amid rains and winds in Shanghai.
Transportation

Shanghai cancels hundreds of flights as Typhoon Bebinca draws near

Flights past 8 p.m. local time canceled at Hongqiao and Pudong airports

15 September 2024
A man walks past an election banner of presidential candidate Namal Rajapaksa outside the Sri Lanka Podujana Peramuna (SLPP) party office near Colombo.
Your Week in Asia

Sri Lanka votes, Midea lists in Hong Kong, BOJ policy meeting

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

15 September 2024
Sales of Yoma Strategic Holdings' StarCity condos have been robust. (Photo by Nikkei)
Myanmar Crisis

Yangon home prices surge as Myanmar war drives flight to safety

Yoma and other big companies benefit; real estate draws investors fearing currency drop

15 September 2024
Chinese automaker BYD's lowest-priced model in the U.S. would still be the cheapest in the market even with a 100% tariff, according to an industry analyst.
Electric vehicles

Chinese EVs still cheaper than Teslas in U.S. after tariff hike

Supply chain advantages help BYD and others compete on price

15 September 2024
Power grids have become the primary bottleneck for expanding clean energy use in the U.S., Europe and Asia.
Datawatch

Renewable energy wasted worldwide due to lack of power grids

Power equal to 480 nuclear reactors unused in U.S. and Europe

14 September 2024
China's industrial production slowed in August, underscoring the need for more stimulus to sustain economic growth. 
Economy

China industrial output grows at slowest pace in five months

Data for August also shows retail sales and investment losing momentum

14 September 2024
The Thai baht gained 6% against the dollar between Aug. 1 and Sept. 12 thanks partly to a rise in exports.
Currencies

Thai, Malaysian and Indonesian currencies gain as dollar weakens

Southeast Asia enjoys growth; political fears sink Turkish lira, Mexican peso

14 September 2024
Electric vehicle models on display in Beijing. The U.S. enacts a 100% duty on electric vehicles imported from China as well as a 50% tariff on EV batteries, effective Sept. 27.
US-China tensions

U.S. to start steep China tariff hikes on EVs, solar cells, on Sept. 27

Industry group warns of potential for disrupting chip-related supply chains

14 September 2024
Shein and Temu account for over 30% of shipments qualifying for de minimis exemptions from tariffs, according to a congressional report.
Retail

China's Shein and Temu face end to tariff-free imports into U.S.

White House to propose rules to limit 'loophole' for small shipments

14 September 2024
With a debt repayment due next month, the Maldives has signed a bilateral agreement with China to bolster the economy. 
International relations

China and Maldives sign financial cooperation agreement

Countries to establish framework to support local currency settlement

13 September 2024
A game of mahjong in Beijing. China is raising its retirement age to cope with its demographic decline.
Economy

China raises retirement age as workforce shrinks

Government strives to avert pension crisis by extending contribution years

13 September 2024
A crowded shopping street in Seoul's Myeongdong district.
Opinion

Japan shouldn't care that South Korea has higher GDP per capita

Both countries have to learn from each other, and focus on quality of life and happiness

13 September 2024
Samsung Electronics union members shout slogans during a strike. South Korea is developing legislation to provide targeted support for workers who do not belong to labor unions.
Work

South Korea crafts legislation to support unorganized workers

Despite urgency, road to passage appears rocky amid political party divisions

13 September 2024
ECB President Christine Lagarde painted a mixed picture of euro-area inflation sustained by rising wages even as overall labor cost pressures eased.
Economy

ECB cuts interest rates as inflation slows, growth weakens

'We are not pre-committing to a particular rate path,' bank chief Lagarde says

13 September 2024
A man counts banknotes at a currency exchange shop in Pakistan's Peshawar. The nation last summer came close to default before a last-gasp bailout from the International Monetary Fund.
Economy

Pakistan cuts key interest rate by 2 percentage points to 17.5%

Move marks third straight reduction as central bank tries to spur growth

12 September 2024
People wade through a flooded street in Hanoi on Sept. 12 during the aftermath of Typhoon Yagi.
Natural disasters

Vietnam death toll climbs to 199 in wake of Typhoon Yagi

Over 100 others still missing amid flash floods and landslides

12 September 2024
An FBI team will visit Bangladesh again to further discuss methods of assistance to the South Asian nation. (Source photos by Getty Images)
Economy

Bangladesh seeks help from FBI, U.N. agency to recover laundered money

An estimated $100bn was siphoned abroad in past 15 years under Hasina regime

12 September 2024
The nine candidates to lead Japan's ruling Liberal Democratic Party join an event in Tokyo on Sept. 12. From left in front row: Sanae Takaichi, Takayuki Kobayashi, Yoshimasa Hayashi, Shinjiro Koizumi, Yoko Kamikawa, Katsunobu Kato, Taro Kono, Shigeru Ishiba and Toshimitsu Motegi. (Photo by Uichiro Kasai)
Japan's leadership race

Japan's LDP kicks off leadership race to pick Kishida successor

Record candidate field faces 2-week battle to win support from ruling party members

12 September 2024
Japan's benchmark index Nikkei Stock Average rose sharply during trading on Sept. 12 in Tokyo after tech-led gains on Wall Street and as the yen weakened. (Photo by Yuji Murakami)
Equities

Japan stocks jump 3.4%, track Wall Street tech gains

Domestic shares unlikely to repeat historic August plunge, strategists say

12 September 2024