Russian President Vladimir Putin delivers a speech at the St. Petersburg International Economic Forum on June 7.
International relations

Putin woos China and India investment to build sanctions resilience

Russia president highlights diversifying trade and calls for stronger capital market

8 June 2024
The rupee's relatively tame depreciation underscores the resiliency of India's economy as well as the country's financial stability, Reserve Bank of India Gov. Shaktikanta Das said on June 7.
Currencies

Indian rupee regains stability after falling to near all-time low

Reserve Bank of India stands pat in first meeting after general elections

7 June 2024
Attempts to hold China back in the production of "legacy" chips face long odds.
Opinion

China 'legacy' chip fears best addressed with targeted measures

Focus on EVs and other areas of concern more workable than broad import ban

7 June 2024
Bangladesh Prime Minister Sheikh Hasina's cash-strapped government took a $4.7 billion loan from the International Monetary Fund. (Nikkei montage/Source photos by Reuters)
Economy

Bangladesh cuts GDP growth target to 6.7% as economic crisis bites

Lower forecast comes as government announces 'cautious' $67.5bn budget

7 June 2024
Workers load steel products for export at a port in Lianyungang, in China's Jiangsu province. (China Daily via Reuters)
Trade

China exports jump 7.6% in May as trade curbs loom

Imports rise 1.8% in dollar terms, below expectations

7 June 2024
Australia is looking to move up the value chain in the global supply of lithium and other minerals critical for green energy technologies.
Commodities

Australian project 'fingerprints' lithium for green metals trade

Researchers work on trade protocols as EU eyes Australian critical minerals

7 June 2024
Some 50 years after the first modern-day Japanese convenience store opened in Tokyo, players like 7-Eleven need expansion in countries such as Thailand, pictured above, as their domestic market is set to shrink.
Business Spotlight

Japan's convenience store chains chase elixir of growth across Asia

Indonesia, Thailand, China in focus as retailers face aging, shrinking home market

7 June 2024
Tokyo-based Uoriki plans to open more outlets selling Japanese seafood in Thailand in partnership with Charoen Pokphand Group. (Photo by Kenya Akama)
Fisheries

Thailand emerges as next big market for Japan seafood

'Blue ocean' market grows in importance after China import ban

7 June 2024
For a brief moment, it appeared that the yuan might challenge the "exorbitant privilege" that the U.S. enjoys thanks to the dollar's status as the world's primary reserve currency.
Opinion

Discomfort with the dollar hasn't gotten much beyond grumbling

Interest in yuan as reserve currency has faded despite growing trade use

7 June 2024
High-rise condominiums outside Beijing. Many cities are grappling with an oversupply of housing. (Photo by Mizuho Miyazaki)
Property

China curbs housing development to fight supply glut

Land sales restrictions could hit 40% of big cities, hurting key income stream

7 June 2024
Ministers from IPEF member countries gather for a photo session at their meeting in Singapore on June 6. (Photo by Ng Chun Kiat)
International relations

Singapore, India, others pitch 'clean' projects in U.S.-led framework

Washington keen to back green shift in IPEF member countries to counter Beijing

6 June 2024
Ferdinand Marcos Jr., center, at the New York Stock Exchange in 2022: The Philippine president's team has taken the easy road of producing big GDP numbers.
Opinion

Philippines won't convince skeptics without reform plans

Market harbors doubts about country's economic prospects

6 June 2024
Copper is a key resource for building infrastructure, such as transmission wires.
Supply Chain

Japan to raise cap on state backing for copper mine stakes to 75%

JOGMEC aims to reduce private sector's risk exposure, secure supplies

6 June 2024
Mauritanian President Mohamed Ould Ghazouani, left, chairman of the African Union, speaks as South Korean President Yoon Suk Yeol listens during a joint news conference on June 4.
Supply Chain

South Korea woos African nations over critical mineral supplies

High-tech economy aims to cut reliance on China for lithium and graphite

5 June 2024
The average number of births per woman during her reproductive years in Japan fell in 2023 for an eighth straight year to a record low. (Photo by Yuki Kohara)
Society

Japan's fertility rate drops again, speeding population decline

Tokyo figure also hits record low in 2023 despite child-friendly policies

5 June 2024
Shoppers walk past a store in Sydney: Australia's statistics bureau reported on June 5 that the country's GDP growth slowed to 0.1% in the January March quarter.
Economy

Australia GDP growth slows in Q1, dragged down by high inflation

Rising prices, higher interest rates sap consumer activity

5 June 2024
A panel led by Philippine President Ferdinand Marcos Jr. on June 4 announced a plan to slash the tariff on imported rice. 
Agriculture

Philippine rice tariff cut will benefit Vietnam, not farmers, experts say

World's top rice importer moves to contain inflation with 'double-edged sword'

4 June 2024
XPeng's eVTOL flying car X2 makes its first public flight in Dubai in October 2022. The Chinese city of Guangzhou is set to invest in infrastructure for the "low-altitude economy."  
China tech

China's Guangzhou to invest $1.4bn in flying car infrastructure

City envisioned as hub for 'low-altitude economy'

4 June 2024
Workers assemble electric vehicles at Li Auto's manufacturing base in Changzhou, in China's Jiangsu province, in December 2023.
Asia Insight

China's underutilized factories fan export dump fears in U.S. and Europe

As trade partners raise tariffs, Beijing faces pressure to keep workers on job

4 June 2024
Russian President Vladimir Putin and Chinese President Xi Jinping meet in Beijing on May 16. (Pool photo via Reuters)
Ukraine war

Russia trade isolation grows as Chinese banks cut payments

As U.S. sanctions target Ukraine war aid, Moscow's China imports shrink by 10%

4 June 2024
A damaged bus at the scene of a suicide bomb attack that killed five Chinese nationals in Pakistan on March 26.  
Terrorism

Pakistan beefing up security after deadly attacks on Chinese workers

Islamabad under pressure to ease Beijing's concerns amid future investment fears

3 June 2024
An incomplete Country Garden project in Shanghai in February: Approximately 9 million presold homes are at risk of nondelivery to buyers.
Opinion

More muscle will be needed to turn China's property market around

Stock buying sentiment has improved but homebuyers need more convincing

3 June 2024
Chinese students gathered in Beijing's Tiananmen square on May 4, 1989, despite official warnings against entering the area.
Your Week in Asia

Tiananmen 35th anniversary, India election results, Samsung strike

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

2 June 2024
In 2022, China’s population fell for the first time in 61 years, with the elderly -- aged 65 and older -- making up 14.9% of the overall population.
Caixin

China's pension plan faces prospect of change or going bust

Demographic shifts make system unsustainable as number of retirees climbs

2 June 2024
Mongolian Prime Minister Oyun-Erdene Luvsannamsrai, center, attends a commencement ceremony for underground production at the Oyu Tolgoi copper mine in the Gobi Desert in March 2023.
Economy

Mongolia digs in against doubts over fund to spread mining wealth

PM insists resources should benefit all; some question implementation, transparency

1 June 2024