India's Finance Minister Nirmala Sitharaman holds up a folder with the Government of India's logo as she leaves her office to present the union budget in the parliament in New Delhi on July 23.
Economy

Modi government focuses on job creation in post-election budget

Bonanza for states under Indian allies as new administration needs their support

23 July 2024
A man walks past damaged vehicles that were set afire by a mob after violence answered student protests against government job quotas, in Dhaka, Bangladesh, on July 21.
Bangladesh turmoil

Bangladesh protesters demand government take responsibility for deaths

Prime Minister Sheikh Hasina called on to apologize and fire the home minister

22 July 2024
Laborers work at a construction site on a hot summer day in Noida, India. Indian Prime Minister Narendra Modi says investments on infrastructure are creating jobs.
Economy

India's Modi boasts record job creation amid opposition's attack

Employment growth rate provisionally doubled to 6% in last fiscal year, RBI says

22 July 2024
On July 21, a man in Dhaka rides his rickshaw past damaged vehicles that were set on fire by a mob during clashes after violence erupted following protests by Bangladeshi students against government job quotas.
Bangladesh turmoil

Bangladesh top court scraps most job quotas that triggered deadly protests

Students pushed for lifting government quotas; communications spotty after crackdown

21 July 2024
Indian Finance Minister Nirmala Sitharaman will present the government's full annual budget on July 23. It is expected to focus heavily on welfare programs and infrastructure.
Your Week in Asia

India budget, ASEAN foreign ministers meetings, SK Hynix earnings

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

21 July 2024
A police officer fires tear gas during violent demonstrations outside state-owned Bangladesh Television in Dhaka on July 19.
Bangladesh turmoil

Bangladesh army imposes curfew as student-led protests spiral

Internet, text message services suspended; death toll rises to at least 114

20 July 2024
Protesters march toward the National Assembly in Islamabad ahead of the presentation of the annual government budget on June 12. (Photo by AFP/Jiji)
19 July 2024
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Podcast: News Roundup

The future of delivery services in India and South Korea

Tune in to Nikkei Asia's podcast, bringing the region's key news to global listeners

19 July 2024
A police officer is beaten by mob during a clash between anti-quota supporters, police and ruling Awami League supporters at the Rampura area in Dhaka on July 18.
Bangladesh turmoil

Bangladesh TV news off air, communications widely disrupted

Websites of several Bangladesh-based newspapers not updated as student protests spike

19 July 2024
Netflix's global paid memberships rose 16.5% year over year to 278 million in the second quarter.
Media & Entertainment

Asia-Pacific drives Netflix subscription growth, fueled by ad model

India becomes No. 2 country in paid user growth in second quarter

19 July 2024
Donald Trump looks on during Day 2 of the Republican National Convention (RNC), at the Fiserv Forum in Milwaukee, Wisconsin on July 16.
Opinion

Trump shooting shows hyperpartisanship putting democracy in crisis

Polarization stokes incendiary rhetoric despite risk of breeding extremism and violence

19 July 2024
Peerapan Tungsuwan, a member of Baker McKenzie's Global Executive Committee, spoke with Nikkei in Bangkok. (Photo by Shinya Sawai)
Companies

Baker McKenzie eyes India law office as M&A market grows

Major firms look to capitalize on New Delhi's moves to liberalize legal sector

18 July 2024
Anti-quota protesters carrying Bangladeshi flags engage in a clash with the student wing of the ruling Bangladesh Awami League at the University of Dhaka on July 16.
Bangladesh turmoil

Student protests in Bangladesh over job quotas escalate into violence

Prime Minister Hasina's use of derogatory term for activists further fuels anger

18 July 2024
A family harvests red chili peppers in Pakistan. The IMF has asked Pakistan to tax agriculture.
Economy

Pakistan's IMF program 'at risk' if agriculture goes untaxed

Fund also advises nation to avoid building new power plants, chief of mission says

18 July 2024
Newly appointed Prime Minister KP Sharma Oli signs a document after taking the oath of office at the Shital Niwas presidential building in Kathmandu on July 15.
Politics

Nepal coalition to amend constitution, change electoral system

Pushing Hindu nationalism, restoring monarchy will spark protests, experts say

17 July 2024
Demonstrators in Bara, Pakistan, protest against new taxes on July 7: The government's push to increase revenues has not been popular.
The Big Story

Why Pakistan cannot resist going back to the IMF for another fix

Latest $7bn injection of support will not itself end country's cycle of dependence

17 July 2024
Signals suggest that policymakers in the administration of Prime Minister Narendra Modi will continue to work on boosting private investment.
Opinion

India's path to prosperity is through growth, not redistribution

Why supply-side reforms and private investment are key to nation's economic future

16 July 2024
Supporters of the Dalai Lama await the Tibetan spiritual leader's arrival outside a New York hotel on June 23. Tensions between China and the U.S. over Tibet have flared after President Joe Biden signed new legislation on the issue.
Politics

China's Tibet policy under brighter spotlight after U.S. law, U.N. review

Beijing rejects West's rights recommendations as Dalai Lama turns 89

16 July 2024
Staff from housekeeping services provider Bears. While a severe labor shortage in Japan means many companies are keen to hire from overseas, comparatively low wages and the historically weak yen are blunting the country's appeal. (Photos by Yuji Murakami and Ryosuke Matsui)
Asia Insight

Japan's new enemy in fight to lure immigrant workers: The tumbling yen

Visa rules eased, but currency weakness tarnishes Japan's appeal for overseas hires

16 July 2024
Former Pakistani Prime Minister Imran Khan speaks with Reuters during an interview, in Lahore, Pakistan March 17, 2023.
Politics

Pakistan to ban Imran Khan's party, information minister says

Khan aide calls move a step towards 'soft martial law' amid conflict with courts

15 July 2024
Khadga Prasad Sharma Oli, chief of the Communist Party of Nepal, has the backing of the Nepali Congress -- the country's largest political party.
Politics

Nepal appoints veteran Communist politician as new prime minister

Oli becomes 14th prime minister since 2008, with majority support in Parliament

15 July 2024
SadaPay gives Turkey's Papara fairly low-cost access to Pakistan's huge digital wallet market, and the deal could bring other foreign investors to the South Asian nation.
Startups

SadaPay deal has Pakistan looking to startups to attract foreign capital

Turkish fintech Parapa's acquisition of digital wallet startup seen as a harbinger

14 July 2024
Toyota's electric vehicle bZ4X was on display last August at the Gaikindo Indonesia International Auto Show. Japanese carmakers have long dominated the Indonesian market.
Your Week in Asia

China 'third plenum' meeting, ADB economic outlook, Indonesia Auto Show

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

14 July 2024
The new loan deal, which is subject to approval by the IMF's executive board, is to last 37 months.
Finance

Pakistan reaches $7bn loan deal with IMF

Government promises to increase tax collection and number of payers

13 July 2024
In this photo provided by Reliance Industries, Anant Ambani, the son of billionaire Mukesh Ambani, holds hands with Radhika Merchant during their wedding ceremony at Jio World Convention Centre in Mumbai, India, on July 12.
Society

The son of Asia's richest man holds the year's most extravagant wedding

Tony Blair, Boris Johnson, Adele, Drake and David Beckham on the guest list

13 July 2024