A man stands outside a currency exchange bureau in downtown Nairobi, Kenya. Emerging economies around the world are feeling the pressure of a strong greenback.
Economy

From Indonesia to Japan, dollar's rising strength raises global alarm

G20 finance ministers likely to discuss issue as their currencies depreciate

14 April 2024
A worker helps operate a gas field in Uzbekistan in June 2023. Methanol obtained from natural gas can be used to churn out raw materials for products ranging from plastics to films.
Economy

Uzbekistan chases chemical hub dream with Chinese polymer tech

Nation aims to export value-added products made from its natural gas

13 April 2024
Japan looks to create a new legal category for midsize businesses to spur growth in key industries.
Datawatch

Japan lags South Korea and Taiwan in boosting midsize businesses

Rigid classification stands in the way of corporate growth

13 April 2024
Pumpjacks sit atop an oil field in Heilongjiang province, China.
Energy

China slowdown will lead to global oil glut in 2025: IEA

Decarbonization and surging oil prices also weigh on demand

13 April 2024
Containers and cargo vessels are pictured at the port of Qingdao in China's Shandong province. (China Daily via Reuters)
Trade

China exports decline by 7.5%, far more than forecast

Imports down 1.9% in dollar terms as March data overshadows positive factory signals

12 April 2024
Indian commuters outside New Delhi: Even with recent urbanization, only about 35% of the country's population lives in cities.
Opinion

India's economy can overtake China's if it can stay on track

But complacency toward reform and trade links could haunt New Delhi

12 April 2024
A shopkeeper in Mirpur selling Indian saris waits for customers. (Photo by Faisal Mahmud)
Economy

Bangladeshi 'India out' campaign hits Ramadan sales

Retailers report demand drop; PM Hasina points to dependence on Indian staples

12 April 2024
Jewel Changi Airport, a popular tourist spot in Singapore. The city-state's economy grew 2.7% in the first quarter of 2024.
Economy

Singapore Q1 GDP growth ticks up to 2.7% on 'strong' tourism recovery

City-state keeps monetary policy unchanged as inflation remains sticky

12 April 2024
Oppstar's IPO was a big hit -- it was oversubscribed by 77 times -- but the frenzy also showed how far Malaysia has to go to return to its former tech glory.
Business Spotlight

Malaysian 'Silicon Valley' seeds homegrown chip startups

Former Intel engineers attempt to push Penang to higher end of value chain

12 April 2024
French President Emmanuel Macron, right, has tried to build personal rapport with China's Xi Jinping. Last April, they spent seven hours together in China.
Opinion

Germany and France have to form a common front toward China

Insubstantial Ukraine pledges will not justify watering down trade complaints

11 April 2024
Changing taxes on inheritance, dividends and capital gains, is likely to prove difficult because it requires approval by the opposition-controlled National Assembly. 
Markets

South Korea election a minor setback for capital market reform

Opposition hold on National Assembly expected to hinder tax incentives

11 April 2024
South Korean President Yoon Suk Yeol has vowed through to "humbly accept the public's will" after his party lost ground in legislative elections. (Nikkei montage/Source photos by AP and Reuters) 
South Korea election

South Korea ruling party, government reel after electoral drubbing

President Yoon vows to 'reform' handling of state affairs in wake of losses

11 April 2024
South Korea's main opposition Democratic Party leader Lee Jae-myung, seated second from right, and candidates react as they watch TV exit polls for legislative elections on April 10 in Seoul.
South Korea election

South Korean election: Yoon's party suffers stinging defeat

Tally shows opposition surge in national legislature in blow to unpopular president

11 April 2024
A vegetable vendor attends to customers at a market in Beijing.
Economy

China consumer price growth slows, renewing deflation fears

March CPI rose just 0.1% while producer price contraction deepened by 2.8%

11 April 2024
Eiji Kawai, president of Seria, is resisting pressure to raise prices. (Photo by Naoaki Murakami)
Business trends

Japanese 100-yen shop president says penny-pinching mindset persists

Seria maintains a strategy of one low price despite weak yen and cost hikes

11 April 2024
A Cosco Shipping container ship at the Yangshan Deep Water Port in Shanghai. (cnsphoto via Reuters)
Economy

China to cap 'healthy' developing Asia's growth in 2024, says ADB

Second-largest economy's downturn could bring 'spillovers to trading partners'

11 April 2024
The South Korean market has begun to benefit from the rise in semiconductor stocks. (Nikkei)
Markets

South Korea stocks see record foreign buying on appetite for chips

AI fever spurs investors toward Samsung and other 'Korea discount' names

11 April 2024
The collapse of the Francis Scott Key Bridge in late March has significantly affected exports out of the Port of Baltimore.
Supply Chain

U.S. coal exports take hit after Baltimore bridge collapse: EIA

Japan the top importer of steelmaking coal from the port

11 April 2024
An employee inspects a printed circuit board at a production facility of automated test equipment designer Aemulus Holdings in Penang, Malaysia.
Opinion

Time is ripe for Malaysia to move upstream into designing chips

Penang can build on success in downstream areas of semiconductor production

11 April 2024
A worker in Chile checks a shipment of copper bound for Asia. China is the world's largest consumer of the metal.
Commodities

Copper hits 1-year high amid economic green shoots in China

Signs of manufacturing recovery on strong U.S. demand buoy metals and stocks

11 April 2024
Tokyo has set a goal of boosting foreign direct investment in Japan to 100 trillion yen by the end of 2030. (Photo by Konosuke Urata)
Japan immigration

Japan targets India and Southeast Asia to recruit tech workers

Residency system under review as Tokyo hopes to attract more foreign investment

11 April 2024
Thailand has been courting foreign investment to grow its EV industry.
Automobiles

Thailand smiles at both Taiwan and China as it courts EV investment

Delta Electronics, BYD among companies betting on Southeast Asia's top auto producer

11 April 2024
From left: South Korean President Yoon Suk Yeol, Indian Prime Minister Narendra Modi and U.S. Vice President Kamala Harris at the ASEAN summit in Jakarta in 2023. (Pool via Reuters)
Opinion

India-U.S.-South Korea tech cooperation has strategic logic

By capitalizing on competitive advantages, trio can strengthen supply chains

10 April 2024
Thailand's inflation has fallen short of the bank’s target range of 1% to 3% for two straight quarters.
Economy

Bank of Thailand keeps interest rate at 2.5%, defying PM Srettha

Government to fund $14bn digital wallet with fiscal budget, not loans

10 April 2024
Port Klang is the second-busiest port in Southeast Asia, after only Singapore. (Photo by Norman Goh) 
Supply Chain

Malaysia's largest port to double capacity to chase Singapore

Supply chain diversification adds to logistics competition in Southeast Asia

10 April 2024