Reserve Bank of India Gov. Shaktikanta Das in Mumbai in 2022: India now has around $600 billion in foreign reserves banked to cushion against any shocks.
Opinion

Reserve Bank of India deserves share of credit for economic stability

Country has come long way since it was a 'fragile five' emerging market

4 April 2024
Kim Hyong-mo, the representative in Vietnam of the Korea Chamber of Commerce and Industry, speaks during an interview in Hanoi. (Photo by Yuji Nitta)
Business trends

South Korean firms in Vietnam face growing competition from China

Chamber of Commerce says minimum corporate tax rule also affects businesses

4 April 2024
People ride motorcycles near the site where a building collapsed, following the earthquake in Hualien, Taiwan, on April 4.
Natural disasters

Taiwan earthquake kills at least 9; TSMC plants recovering

World's top chipmaker reports no damage to most advanced equipment

4 April 2024
Wagyu exports to the U.S. have seen steady growth as the premium meat's popularity rises.
Trade

Japan wagyu faces setback after U.S. beef tariff quota filled

Limit reached two month earlier than last year as Brazil steps up exports

4 April 2024
A damaged building in Hualien
Natural disasters

In pictures: Taiwan's biggest earthquake in decades

Emergency crews pull survivors from damaged buildings as island assesses the toll

3 April 2024
Istanbul Mayor Ekrem Imamoglu retained power in a landslide win for the main opposition Republican People's Party in Turkey's local elections on March 31.
Politics

Erdogan's local election drubbing points to tough time at 2028 vote

Istanbul Mayor Imamoglu's win puts him as top challenger for Turkey's presidency

3 April 2024
A nearly empty shopping mall in Beijing on March 8. Experts from major banks and institutions see China's economic downturn deepening in the years ahead. (Photo by Mizuho Miyazaki)
Economy

China economists flag GDP slowdown despite Beijing's 'bright future' talk

Specialists project sub-5% rates in years to come amid property woes, other issues

3 April 2024
Demand for nickel has been rising due to its use as a key ingredient in hybrid and electric vehicle batteries. But the nickel sector in Indonesia, the world's largest producer of the metal, has been overshadowed by corruption.
Commodities

Indonesia nickel concerns stoked by corruption and land disputes

Bribery charges highlight challenge of regulating lucrative sector

3 April 2024
Prabowo Subianto, Indonesia's president-elect and defense minister, shakes hands with Japanese Prime Minister Fumio Kishida in Tokyo on April 3. (Photo by Uichiro Kasai)
International relations

Indonesia's Prabowo visits Japan for balance after his China trip

President-elect wants to strengthen defense and economic ties with Tokyo

3 April 2024
Downtown Ho Chi Minh City. It is unclear how Vietnamese banks will thread the needle between official pressure to increase lending and pressure to stay clean and under control.
Finance

Banks in a bind as Vietnam PM bemoans fall in lending

Lenders told to boost economy but fear risks amid massive SCB fraud trial

3 April 2024
A board in Tokyo shows the Japanese currency's exchange rate against the dollar on March 28.
Bank of Japan

Weak yen spurs speculation of further rate hikes while bond market stays calm

Inflationary pressure from import prices levels off as commodities stabilize

3 April 2024
Japan's small and midsize manufacturers face pressure to raise wages even if business performance is poor. 
Economy

Japan's rising tide of wage hikes lifts pay at small manufacturers

Labor unions win record increases, as focus turns to sustaining raises

3 April 2024
Prime Minister Narendra Modi's government has rolled out billions of dollars in incentives and tax cuts to attract manufacturers from diverse sectors including battery-powered vehicles and pharmaceuticals.
Economy

India manufacturing PMI surges to 16-year high ahead of elections

Demand and production grow, helping Modi as he seeks third term

2 April 2024
Indonesia's first high-speed train carried its 2 millionth passenger in March. (Photo by Nana Shibata)
Transportation

Xi calls Indonesia high-speed rail a 'gold standard' of ties

Jakarta weighs extension of China-backed line as passengers cross 2m in 6 months

2 April 2024
China is increasing its economic clout in Southeast Asia as its rivalry with the U.S. intensifies.
International relations

Majority of ASEAN people favor China over U.S., survey finds

In a first, Beijing becomes Southeast Asia's preferred choice over Washington

2 April 2024
The No. 8146 bus carries dozens of cleaners and security guards from a working-class area of northern Seoul to the glitzy Gangnam district. Politicians' pledges are not striking a chord with many of these workers ahead of pivotal elections next week.
Asia Insight

South Korea's working class unmoved by election campaign 'lip service'

One early morning bus route provides a journey through inequality in Seoul

2 April 2024
The Bank of Japan indicated it will maintain an accommodative environment despite its policy shift in March. (Photo by Yuji Murakami)
Bank of Japan

Bank of Japan bond purchases shrank 36% in fiscal 2023

Buying seen staying flat for now, but speculation on tightening grows

2 April 2024
An employee works on a production line for mechanical parts in Beijing: China's official and private industrial activity indexes jumped in March.
Economy

China's brighter-than-expected industry indicators buoy recovery hopes

Official and private PMIs jump, but some warn of unresolved economic problems

1 April 2024
Tourists at Bangkok's Suvarnabhumi International Airport in 2023. China's economic woes are negatively affecting nearby tourism-reliant economies. (Photo by Ken Kobayashi)
Economy

World Bank sees 4.6% growth in developing Asia in 2024

Regional economy dragged by China, investment slowdown and trade protections

1 April 2024
The BOJ Tankan is one of the earliest and most comprehensive economic indicators in Japan and is closely followed by economists. (Source photos by Akira Kodaka and Toshiki Sasazu)
Economy

Japan manufacturers' business mood drops for the first time in a year

BOJ Tankan survey shows lingering gloom among large companies

1 April 2024
Even following the BOJ's rate hike, Japan's bond yields largely remain lower than other advanced economies, failing to temper the speculative strategies. (Nikkei montage/Source photos by Nanami Sato and Jo Miyaguchi)
Market Spotlight

BOJ's rate hike leaves wide yield gap with U.S., Europe, causes yen to slide

Lowest-yielding G10 currency's use for carry trades helps push it to 34-year low

1 April 2024
The problems facing global trade were on full display at the WTO Ministerial Conference that concluded in Abu Dhabi last month.
Opinion

It's up to the developed world to save global trade

West must recognize that WTO rules have to be equitable and inclusive

1 April 2024
Samsung Electronics' headquarters in Suwon, South Korea. The tech giant will release preliminary earnings on April 5.
Your Week in Asia

BOJ Tankan, Indian monetary policy, Samsung earnings

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

31 March 2024
The yen-dollar exchange rate is displayed at a brokerage in Tokyo on March 22. (Photo by Nanami Sato)
Markets

On topic: Why is the Japanese yen so weak?

A collection of stories on current hot topics

31 March 2024
A truck passes by a chemical factory near the Jinjie Industrial Park in Shenmu, Shaanxi province, China on Nov. 20, 2023. 
Economy

China's factory activity expands for first time in six months

Official PMI rose to 50.8 in March, beats expectations

31 March 2024