India lowered import tariffs on gold and other metals from 15% to 6% in July.
Commodities

Gold buying soars on India tax reforms as prices near record high

Central banks in emerging markets also increase purchases on geopolitical concerns

29 August 2024
Deng Xiaoping and Xi Jinping. A Xinhua commentary in July appeared intended to muddy the waters as to who should be credited with the reforms that helped China build the world's second largest economy. (Nikkei montage/Source photos by Yusuke Hinata and Getty Images)
China up close

Analysis: Elders stay faithful to Deng over 'reformer Xi Jinping'

Summer rebellion forces Xinhua to delete a commentary that rewrote party history

29 August 2024
Floods across the country have inundated villages.
Natural disasters

Thailand flooding poses early test for PM Paetongtarn Shinawatra

Mistakes of past administrations could inform handling of disaster

29 August 2024
This government building in Chengdu has turned off escalators to conserve power. (Qingyang District Government)
Climate Change

Extreme heat in China triggers power warnings, factory stoppages

Shopping centers and supermarkets turn off air conditioning during peak hours

29 August 2024
Sethaput Suthiwartnarueput's term as head of Thailand's central bank will end in September 2025 when he reaches the mandatory retirement age of 60.
Economy

Thai central bank chief fights to balance growth, consumer debt

Bank of Thailand governor's term set to end as 'Thaksinomics' returns

28 August 2024
The No. 2 reactor at Japan Atomic Power's Tsuruga plant lies near an active fault that potentially stretches right beneath it. (Photo by Maho Obata)
Energy

Central Japan nuclear reactor fails to pass safety review

Tsuruga plant's No. 2 reactor may lie above active fault in Fukui, watchdog says

28 August 2024
Thailand's new prime minister, Paetongtarn Shinawatra, has yet to make notable mention of the planned land bridge project.
Transportation

Thailand's 'land bridge' ambitions face fresh roadblocks

Environmental and political concerns cloud plan to build new trade artery

28 August 2024
Foreign ministers of South Africa, China and Russia pose for a group photo during a meeting of the BRICS Plus Ministerial Council in the city of Nizhny Novgorod, Russia, in June 2024.
Opinion

BRICS is a bad bet for ASEAN economies

Indonesia is right to reject the bloc for economic, geographic and geopolitical reasons

28 August 2024
Children wait for a school bus in Seoul's Gangnam district. Parents with means are flocking to areas with strong educational opportunities, driving up property prices there. (Photo by Kotaro Hosokawa)
Education

South Korea birth rate squeezed by entrance exam pressures: central bank

Bank of Korea urges reform of college admissions to ease burden on families

28 August 2024
Canadian Prime Minister Justin Trudeau's government has imposed a 100% tariff on Chinese electric vehicles, matching U.S. duties, and Trudeau said Canada also would impose a 25% tariff on Chinese steel and aluminum.
Trade war

China accuses Canada of protectionism over 100% tariffs on electric vehicles

Commerce Ministry says Beijing will take any measures needed to defend Chinese companies

27 August 2024
Rohingya refugees in Cox's Bazar shout slogans to mark the seventh anniversary of their fleeing to Bangladesh from neighboring Myanmar to escape a military crackdown in 2017.
Bangladesh turmoil

Stateless Rohingya put faith in Bangladesh leader Yunus

Refugees hope head of caretaker government resolves stalled repatriation efforts

27 August 2024
Bank of Thailand Gov. Sethaput Suthiwartnarueput (left) has responded to pressure from Thaksin Shinawatra, the father of Prime Minister Paetongtarn Shinawatra, saying the BOT will remain independent but accountable as well. (Nikkei montage/Source photos by Reuters, Hiroki Endo, and Adryel Talamantes)
Economy

Thai central bank comes under pressure from Thaksin

Ruling party boss tells BOT to cut a fee it charges lenders to repay bonds

27 August 2024
Canadian Prime Minister Justin Trudeau.
Automobiles

Canada to impose 100% tariff on Chinese EVs, following U.S. lead

Trudeau says Beijing 'is not playing by same rules'; China calls move 'protectionist'

27 August 2024
Children from a kindergarten read at a public library in Yantai in eastern China's Shandong province. The number of children enrolled in preschool education fell by 5 million in 2023 to 40.92 million, the lowest figure since 2014. (FeatureChina via AP)
Asia Insight

China's kindergarten closures foreshadow economic hit from falling births

20,000 schools shut in two years; Beijing seeks urgent solutions as workforce shrinks

27 August 2024
A notice in China's Liaoning province warns of fines for violations such as blocking passageways for the visually impaired. (Photo by Kohei Fujimura)
Economy

Cash-strapped Chinese cities bring in over $50bn from fines

Penalties from traffic violations to unwashed dishes aim to offset lost land revenue

27 August 2024
With rents up nearly 40% in the last five years and vacancies at under 2%, Australia residents are finding it increasingly hard to secure housing. (Nikkei montage/Source photo by Getty Images) 
Market Spotlight

Australia housing prices, rents surge as supply shortage deepens

Affordability emerges as political issue for Albanese government

26 August 2024
With Malaysian equities leading the way, the rally in Southeast Asian stocks has been underpinned by expectations of a September rate cut by the U.S. Federal Reserve.
Markets

Investors turn to ASEAN markets as inflation's grip loosens

Weakening dollar provides tailwind to region's high-growth economies

26 August 2024
A drone view shows houses damaged following flashfloods in Rua village, Ternate, North Maluku province, Indonesia on Aug. 25. (Antara Foto/Andri Saputra/via Reuters)
Natural disasters

Floods in Indonesia's North Maluku kill 13, two injured

Disaster management agency warns heavy rain may continue in next few days

25 August 2024
An aerial view shows trees and houses in the aftermath of floods, in Phrae Province, Thailand, Aug. 24. (Thailand's Department of Royal Rainmaking and Agricultural Aviation/Handout via Reuters)
Natural disasters

Mudslide in Thailand's Phuket kills 9 migrant workers from Myanmar

Disaster near tourist destination Big Buddha also kills 2 Russians and 2 Thais

25 August 2024
Indonesian and American soldiers will take part in Super Garuda Shield joint training exercises in Java and Sumatra this week. 
Your Week in Asia

Indonesia-U.S. maneuvers, BHP earnings, Indian economy data

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

25 August 2024
Female workers in Bangladesh's garment factories face numerous pressures and hurdles.
Society

Bangladeshi women in garment industry held back by knowledge gap

'Magic bullet' of education seen as key to opening up managerial opportunities

25 August 2024
Frequent disasters encourage Southeast Asians to prepare. A man drives a motorbike in a flooded street after heavy rains in Hanoi, Vietnam, in September 2023.
Natural disasters

Philippines, Vietnam, Thailand and Cambodia top global disaster-readiness poll

Alerts, household planning build resilience as volatility rises, Gallup says

25 August 2024
The Philippine central bank has approved four new licenses for digital bank operators as more Filipinos go cashless.
Finance

Philippines eases digital bank cap as industry fights for profits

Central bank offers 4 new licenses, but experts see credit risk 'challenge'

25 August 2024
A Nvidia display at Computex in Taipei. Nvidia is developing an AI R&D center in Taiwan's capital that will employ 1,000 engineers. 
Opinion

The smart money quietly bets billions on Taiwan remaining at peace

AI titans and other foreign investors sink $25bn into Taiwan despite cross-strait tensions

25 August 2024
Seafood at a market in Shanghai in August 2023. (Photo by Tomoko Wakasugi)
Trade

China has turned to South America since banning Japan seafood a year ago

Beijing adopted policy in response to release of wastewater from Fukushima plant

25 August 2024