Pakistani Prime Minister Shehbaz Sharif meets with the managing director of the International Monetary Fund, Kristalina Georgieva, in Paris on June 22, 2023.
Economy

Pakistan struggling to seal $7bn IMF bailout for crisis-hit economy

Subsidies and shortfall in external financing lie at heart of delay, sources say

9 September 2024
Faltering economic activity has prompted global brokerages to scale back their China 2024 growth forecasts to below the official target of around 5%.
Economy

China's consumer prices rise at faster pace in August

Producer price deflation worsens despite government stimulus

9 September 2024
A gamer tests out a game at the Thailand Game Show 2022. The Thai government aims to promote the country as a regional hub for online games.
Media & Entertainment

Thailand aims to build soft power by nurturing gaming industry

New law to be enacted next year as government anticipates growth for the sector

9 September 2024
Japan's economy grew by an annualized 2.9% in April to June, versus economists' median forecast for a 3.2% rise in a Reuters poll and down from an initial reading of 3.1%. ((Photo by Konosuke Urata)
Economy

Japan's Q2 GDP growth revised down slightly on consumption, capex

Latest figure down to annualized 2.9% from initial 3.1%, short of forecast

9 September 2024
A man walks past a devastated area following the impact of Typhoon Yagi, in Hanoi, Vietnam, September 8, 2024.
Natural disasters

Typhoon Yagi weakens after killing dozens in Vietnam, China, Philippines

Storm downgraded to tropical depression but risks of flash floods, landslides remain

8 September 2024
Alibaba's office building in Beijing. The tech giant is joining Hong Kong's Stock Connect system that will let mainland investors trade its shares.
Your Week in Asia

Seoul military AI forum, Alibaba's mainland trading, Semicon India

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

8 September 2024
Carbon trading on the Tokyo Stock Exchange has been going on for almost a year though volume lags overseas markets.
Climate Change

Tokyo Stock Exchange carbon trading slowly picks up in first year

Companies prepare for government initiative in 2026 to speed up emission cuts

8 September 2024
U.S. Treasury Secretary Janet Yellen in Beijing during an April trip. She said on Sept. 7 that she plans on meeting her Chinese counterpart again soon.
US-China tensions

U.S. Treasury chief Yellen says she may meet Chinese counterpart

Chinese Vice Premier He Lifeng visit to happen 'one way or another'

8 September 2024
Pakistan Prime Minister Shehbaz Sharif, right, meets with managing director of the International Monetary Fund, Kristalina Georgieva, in Paris in June 2023.
Opinion

Pakistan's fragile path to economic stability requires deeper reforms

Moody's upgrade offers optimism as IMF aid arrives, but structural challenges persist

8 September 2024
Military personnel clear trees that fell due to the impact of Typhoon Yagi in Hanoi on Sept. 7
Natural disasters

Super Typhoon Yagi arrives in Vietnam, killing at least 4

Industrial hub Haiphong among hardest hit cities with widespread power outages

8 September 2024
Pope Francis receives a gift from an Indigenous woman on the day of a meeting with the authorities, civil society and the diplomatic corps at APEC Haus in Port Moresby on Sept. 7.
Economy

Pope Francis visits PNG, urges fair treatment for workers

Pontiff also calls for end to ethnic violence in resource-rich Pacific country

7 September 2024
The addition of Alibaba Group Holding in the Hong Kong Stock Connect could draw $12 billion in six months from the mainland, according to one estimate.
Equities

Alibaba's Hong Kong listing upgrade set to spur China money outflows

Stock Connect inclusion could draw billions of dollars into e-commerce group's shares

7 September 2024
August payrolls have a tendency to come in weaker relative to the consensus estimate before being revised higher later.
Economy

U.S. job growth misses August expectations with Fed rate cut in sight

Nonfarm payrolls increased by 142,000 jobs last month

6 September 2024
Alexander Yuk Ching Ma, 71, reached a plea agreement with prosecutors in May in exchange for pleading guilty to conspiring to gather and deliver to China national defense information.
US-China tensions

Washington's trade rules cited as top worry for U.S. businesses in China

Companies report harsher American regulatory scrutiny, supply chain disruptions

6 September 2024
China on Sept. 3 announced it planned to start an anti-dumping investigation into canola imports from Canada, a week after Ottawa imposed a 100% tariff on Chinese EVs and a 25% tariff on its imported steel and aluminum.
Trade war

China requests consultations with Canada at WTO over tariffs

Canadian duties on EVs, steel, aluminum goods met with Beijing's probe into canola imports

6 September 2024
Campaign posters for Anura Kumara Dissanayake of National People's Power in Colombo on Aug. 19. (Photo by Shinya Sawai)
Editor-in-Chief’s Picks

Letter from Nikkei Asia's editor: Raring to vote

Shin Nakayama shares his weekly reflections and recommendations

6 September 2024
People in Haiphong secure fishing boats as coastal Vietnamese areas brace for Typhoon Yagi. (Screenshot from Vietnam Television, VTV1)
Natural disasters

Supertyphoon Yagi forces Vietnam airport closures, including Hanoi

Supply chain and UNESCO tourism site hit, while Hong Kong stock market shut

6 September 2024
People walk past street food stalls in Jakarta. The proportion of Indonesians classified as middle class has fallen in the past few years as a result of the effects of the COVID-19 pandemic, according to the Central Statistics Agency. (Photo by Ken Kobyaashi)
Economy

Indonesia's economy suffers from 'long COVID' as middle class shrinks

Key growth driver has yet to recover from pandemic, statistics agency says

6 September 2024
Emergency personnel carry the body of a person killed in a fire at a lithium battery factory owned by South Korean battery maker Aricell, in Hwaseong, Jun. 24. The disaster was the latest in a long-running string of fatal business-related accidents in the country.
Business Spotlight

South Korea Inc. faces reckoning as company CEO awaits trial over factory fire

After battery plant disaster kills 23, campaigners seek justice, safety in workplace

6 September 2024
Former President Donald Trump speaks at the Economic Club of New York on Sept. 5.
U.S. elections 2024

Trump vows to create government efficiency commission led by Elon Musk

Former president also doubles down on China trade war in economic policy speech

6 September 2024
Hong Kong's skyline, with the International Finance Centre tower at center, developed by Henderson Land Development. (Photo by Ken Kobayashi)
Property

Hong Kong's major property developers suffer from revaluation losses

Reassessments eat into bottom lines as rents drop in weakening economy

5 September 2024
Malaysia's central bank says its monetary policy stance continues to support the nation's economy
Finance

Malaysian central bank keeps key rate steady amid modest inflation

Bank expects 2024 economic growth at upper end of its 4% to 5% projection

5 September 2024
Indian Prime Minister Narendra Modi greets Singaporean Prime Minister Lawrence Wong on Sept. 5 in Singapore. (Photo from Modi's X account)
Semiconductors

India signs chip deal with Singapore during Modi visit

Indian PM meets counterpart Lawrence Wong to bolster supply chain

5 September 2024
Secretary-General Toshimitsu Motegi of Japan's ruling Liberal Democratic Party announces his candidacy for party leader on Sept. 4. (Photo by Uichiro Kasai)
Japan's leadership race

Japan's leadership race focuses on aid for inflation-weary voters

Pledges to not raise taxes and extend subsidies risk eroding fiscal situation

5 September 2024
BOS Semiconductors' R&D center in Ho Chi Minh City. Vietnam is attracting attention from global chip companies. (Photo by Shinya Sawai)
Semiconductors

Vietnam proposes chip incentives from tax breaks to faster visas

Draft tech law offers grants and deductions despite global minimum tax deal

5 September 2024