Asia

Goldman Sachs sees downside risk to current 4.5% GDP forecast for China

Continued tariff escalation between the United States and China presents a downside risk to a 2025 full-year real GDP forecast of 4.5% for China, Goldman Sachs said in a note.

Western intelligence agencies warn spyware threat targeting Taiwan, Tibetan rights advocates

Western intelligence agencies warned on Tuesday of an increasing threat from Beijing's security services to use malicious mobile phone applications to surveil Taiwanese

North Korea says its status as a nuclear weapons state can never be reversed, KCNA says

North Korea's status as a nuclear weapons state can never be reversed, no matter how much the United States and its Asian allies demand it, state media reported on Wednesday, citing

Trade war pressures South Korea to cut rates faster and deeper

South Korea's central bank may be forced to bring forward or deepen interest rate cuts this year as Asia's fourth-largest economy grapples with the risk of recession

Most Singaporeans yet to pick a party ahead of election, poll shows

A majority of Singaporeans have yet to decide which party to vote for ahead of a general election this year, but most of those who have made up their minds would back the ruling

US stocks dive after another stunning reversal as uncertainty reigns about Trump's tariffs

U.S. stocks dove following another stunning reversal

Trump optimistic after call about tariffs with South Korea

U.S.

Stocks, oil fall as US-China tariff war escalates

Major stock indexes fell on Tuesday as the trade war between the United States and China intensified, while oil prices and the U.S. dollar also eased.

Oil settles down $1 at four-year low as US-China trade war escalates

Oil prices settled down more than $1 a barrel on Tuesday at a four-year low as investors priced in an increasing likelihood of a recession due to the

Trump says Japan sending team for talks, Japan urges him to rethink tariffs

Japan is sending a team to negotiate on trade, U.S.

US Senate confirms Japan ambassador as tariffs complicate ties

The U.S.

Euro gains after reports German parties agree on coalition, China's offshore yuan hits record low

The Euro gained on Tuesday following reports that German political parties had agreed to form a coalition, while the U.S. dollar

The Latest: US stocks drop again as uncertainty reigns about Trump's tariffs

U.S. stocks dropped after a second day of stunning reversals

Iran's foreign minister says he will have indirect talks with US envoy over Tehran's nuclear program

Iran’s foreign minister says he’ll meet with U.S. envoy Steve Witkoff in Oman for the first negotiations under the Trump administration seeking to halt Tehran’s rapidly advancing nuclear program

Stellantis stops making Leapmotor EV in Poland, eyes other options

Stellantis has stopped making its Chinese partner Leapmotor's T03 small electric car in Poland and is assessing alternative production options, the Franco-Italian automaker said on

China lashes out at JD Vance for comments about ‘Chinese peasants’

China lashes out at JD Vance for comments about ‘Chinese peasants’

Spain's PM heads east to build bridges in China, Vietnam amid US tariff fallout

Spain's Prime Minister Pedro Sanchez will be the first of a series of European leaders to head east following the announcement by U.S.

Russia takes an American astronaut to the space station

A Russian spacecraft safely delivered an American astronaut Jonathan Kim and two Russian cosmonauts to the International Space Station (ISS) on Tuesday, a flight hailed

As China and the US spar, countries brainstorm over how to cope with the trade war

As President Donald Trump and China spar over tariff hikes and other retaliatory moves, governments elsewhere are brainstorming over strategies for coping with the trade war between the world’s top two economies

Taiwan activates $15 billion stock stabilisation fund after precipitous falls

Taiwan authorised the activation of its $15 billion stock stabilisation fund on Tuesday to prop up the market after two days of sharp falls in reaction to U.S.

Indonesia announces trade concessions for US ahead of talks

Indonesia announced a raft of concessions on U.S. imports Tuesday, including reducing taxes on electronic goods and steel, ahead of trade

Russia sees no reason to discuss peace with Japan, the Kremlin says

Russia sees no reason to discuss the possibility of signing a long-awaited peace treaty with Japan to formally end World War Two because of Tokyo's unfriendly stance towards Moscow,

Limited options push China into trade 'war of attrition' with Trump

Beijing, feeling boxed into a corner by the United States' intensifying tariff assault on China and any country that buys or

American academic arrested in Thailand charged with insulting monarchy

An American academic was arrested in Thailand on Tuesday charged with insulting the monarchy, in a rare prosecution of a foreigner under one of the world's strictest lese-majeste

Thailand to increase US imports, lower taxes in tariff response

Thailand will increase U.S. imports, lower some of the higher taxes on American goods and address non-tariff barriers, the finance minister said on Tuesday, as the government seeks

South Korea's military fires warning shots after North Korean soldiers cross the border

South Korea says its military has fired warning shots after North Korean soldiers crossed the border

China says it will 'fight to the end' after Trump threatens to impose still more tariffs

China says it will “fight to the end” and take countermeasures against the United States to safeguard its own interests after President Donald Trump threatened an additional 50% tariff on Chinese imports

Pakistani star’s Bollywood return excites fans and riles far right

Pakistani star’s Bollywood return excites fans and riles far right

Daruma dolls are one of Japan’s most popular souvenirs. But where do they come from?

Daruma dolls are one of Japan’s most popular souvenirs. But where do they come from?

Citi cuts China GDP growth forecast to 4.2% from 4.7% for 2025

Citi cut China's GDP growth forecast to 4.2% from 4.7% for 2025, citing rising external risks.

Sudden selloff shakes US bond market

U.S.

Singapore PM says US universal tariff doesn't look open for negotiation

Singapore Prime Minister Lawrence Wong said on Tuesday a 10% universal tariff rate imposed by the United States does not look open for negotiation and warned of potential

China's state asset regulator to support firms with share buybacks

China's regulatory body for state assets said on Tuesday it would support central government-owned companies to increase their stock holdings and share buybacks to

Japan debt deals pulled as tariffs hit deals outlook across Asia

Three Japanese companies have postponed the sale of 100 billion yen ($678.43 million) worth of yen-denominated bonds in the wake of global financial

Indonesian markets feel whiplash of US tariffs after holiday break

Indonesia's stock market sank and the rupiah fell to a record low on Tuesday as markets reopened after an extended holiday break and reacted to global market

South Korea will hold a presidential election June 3 to choose Yoon's successor

South Korea will hold a snap presidential election June 3 to choose Yoon Suk Yeol’s successor after the conservative was ousted over his imposition of martial law late last year

Global hedge funds suffer losses, net leverage drops as market plunges, says Morgan Stanley

Hedge funds tracked by Morgan Stanley globally posted growing losses as markets tumbled last week after U.S.

'It's like throwing darts blindfolded'; tariffs take toll on Chinese exporters

Chinese manufacturers of goods from tableware to flooring are flagging profit warnings, scrambling to plan new overseas plants or accelerate offshore projects,

China meets with private companies to hear suggestions on dealing with US tariffs

China's state planner said on Tuesday it held a meeting with private domestic companies, including Trina Solar, ride-hailing company Didi and Goertek, to hear suggestions about

Porsche Q1 deliveries fall 8% on weaker demand in China and Europe

German sports car maker Porsche delivered 8% fewer vehicles globally in the first quarter, it said on Tuesday, hit by declining demand in China and Europe.

China agricultural stocks surge amid escalating trade war with US

Chinese agricultural stocks rose sharply on Tuesday as investors bet tariffs would limit U.S. agricultural imports and boost domestic producers, defying a broader market crash sparked by

China state firms pledge to boost share purchases to calm markets

Chinese state holding companies vowed on Tuesday to increase share investment while a slew of listed firms announced share buybacks as Beijing stepped up efforts to stabilise a

China sticks to its guns as fresh US tariff threat pushes tensions to the brink

China vowed on Tuesday to "fight to the end" against U.S. tariffs as some citizens railed against President Donald Trump after he singled out

China, Hong Kong stocks rebound with regional markets, Beijing support

China and Hong Kong stocks regained some ground on Tuesday, steadying in the wake of stronger regional markets and government-led support after a brutal selloff triggered by

India overhauls teaching in Himalayan Buddhist monasteries to counter China

India is preparing to roll out its first school curriculum for Buddhist monasteries this month, aiming to unify education programmes and foster patriotism in

Pirelli's US business hindered by Sinochem's stake, says Tronchetti Provera

Pirelli is having difficulties investing in the United States because its largest shareholder is China's state-owned Sinochem, the Italian tyremaker's executive vice chairman Marco

Japan's Nikkei ends 6% higher on market recovery hopes

Japan's Nikkei share average closed 6% higher on Tuesday, recovering from a 1-1/2-year low hit in the previous session, as investors scooped up stocks, encouraged by signs of a

Taiwan says it can have negotiations with US any time on tariffs

Taiwan can have negotiations with the United States at any time on the tariffs issue, Foreign Minister Lin Chia-lung said on Tuesday, a day after the

Taiwan says China using generative AI to ramp up disinformation and 'divide' the island

China is using generative artificial intelligence (AI) to ramp up disinformation against Taiwan to "divide" Taiwan's public, the island's National Security Bureau said.

China advises Shein against shifting supply chain, Bloomberg News reports

Fast-fashion retailer Shein is facing opposition from the Chinese government over its plans to shift some production out of the country, Bloomberg News reported on Tuesday, citing people

Trump won't get 'Plaza Accord'-type dollar deal, says ex-Japan FX diplomat

Any U.S. attempt to pull off a 1985 Plaza Accord-type coordinated depreciation of the dollar likely won't work as it would require the consent of China and Europe,

Chinese LNG buyers resell US cargoes as tariffs bite

Chinese buyers of LNG are re-selling U.S.-sourced cargoes as tit-for-tat tariffs drive up import costs, and the trend is set to

Japan's bankruptcy filings hit 11-year high in FY2024/25, TSR tally shows

Japan's bankruptcy filings in fiscal 2024 totalled 10,144, the most in 11 years, credit research firm Tokyo Shoko Research (TSR) said on Tuesday, amid rising uncertainties around the

Indonesia inflation rate stays below central bank target zone in March

Indonesia's annual inflation rate was 1.03% in March, the statistics bureau said on Tuesday, missing market expectations and also staying below the central bank's target range for

Vietnam to buy US defence, security products to tackle trade gap

Vietnam will buy more American goods, including defence and security products, and has asked for a 45-day delay in the imposition of U.S. tariffs, Prime Minister Pham Minh

South Korea's Hanwha Aerospace slashes capital increase plan to $1.6 billion

South Korea's Hanwha Aerospace will cut the size of a planned fundraising by one-third to 2.3 trillion won ($1.6 billion) to ensure the success of the financing, and

Hong Kong leader says city will sign more free trade pacts amid 'ruthless' US tariffs

Hong Kong leader John Lee said on Tuesday the city would sign more free trade pacts to diversify its risk amid a global trade war triggered by what

China's DeepRoute.ai to team up with Qualcomm to develop advanced driver assistance solutions

Chinese autonomous driving technology developer DeepRoute.ai said on Tuesday it will cooperate with Qualcomm to develop "cost-effective" advanced driver assistance solutions based

What measures are Asian policymakers taking as market rout deepens?

Policymakers across Asia are preparing measures to support financial markets as a rout deepened following sweeping tariffs announced by U.S.

US discusses tariffs, critical minerals, immigration with Pakistan

U.S.

China cenbank says it supports sovereign wealth fund stepping in to support stocks

China's central bank said on Tuesday it supported sovereign wealth fund Central Huijin Investment increasing its holdings in stock market index funds.

South Korea to hold snap presidential election on June 3

South Korea's government has approved June 3 as the date for a snap presidential election, following the removal from office of Yoon Suk Yeol last week over his short-lived

Japan picks economy minister Akazawa to head trade talks with US

Japan's Economy Minister Ryosei Akazawa has been appointed as trade negotiator with the United States, the government's top spokesperson said on

Samsung sees Q1 profit beating estimates as looming tariffs spur chip, phone sales

Samsung Electronics on Tuesday flagged a much smaller-than-feared 0.2% fall in first-quarter operating profit, boosted by solid memory chip

American YouTuber who left a Diet Coke can for a reclusive island tribe is arrested in India

Indian police have arrested a 24-year-old American Youtuber who visited an off-limits island in the Indian Ocean to try to establish contact with an isolated tribe known for attacking intruders

Trump threatens to hike China tariffs further as market plunge continues

A global trade war touched off by U.S.

Canada says WeChat news account pushing false narratives about Carney

Canada said on Monday the most popular news account on Chinese social media platform WeChat was pushing false narratives about Prime Minister Mark Carney in a bid to influence the

US stocks dip after careening through a manic day following Trump's latest tariff threat

US stocks careened after President Donald Trump threatened to crank his tariffs higher, despite a stunning display showing how much Wall Street wants him to do the opposite

Stocks mostly fall in rocky market as tariff war escalates

Most major stock indexes ended a turbulent Monday lower as U.S. President Donald Trump showed no sign of easing up on his global trade war, while U.S.

The Latest: US stock market closes lower after Trump's latest tariff threats

U.S. stocks careened after President Donald Trump threatened to crank his tariffs higher on Monday

US Treasury Secretary Bessent to head trade talks with Japan - Nikkei

U.S. Treasury Secretary Scott Bessent will lead trade negotiations with Japan, the Nikkei newspaper reported on Tuesday.

Oil prices slide 2% to near 4-year low as US trade conflict fuels recession fears

Oil prices slid 2% to a near four-year low on Monday on worries U.S.

US dollar weakens against safe-haven Swiss franc as tariff worries ripple through markets

The U.S. dollar weakened against the safe-haven Swiss franc in mixed trading on Monday as concerns about a global recession heightened

Pakistani security forces kill 9 militants in a raid near the Afghan border, the military says

Pakistan's military says its security forces have raided a militant hideout in the restive northwest near the Afghan border and killed nine militants

Novo preparing for early launch of weight-loss drug Wegovy in India

Danish drugmaker Novo Nordisk is looking at an early launch of its blockbuster weight-loss drug Wegovy in India to better compete with rival Eli Lilly in the

Hedge funds capitulate, investors brace for margin calls in market rout

Some hedge funds say they are offloading all or most of their holdings of stocks as U.S.

Nations puzzle over how to respond to US trade war as global markets gyrate

The impact from U.S. President Donald Trump's blast of tariff hikes is reverberating across world markets as America's trading partners puzzle over whether there is room for negotiating better deals

Huntington Ingalls, HD Hyundai Heavy Industries sign MOU for shipbuilding collaboration

U.S. military shipbuilder Huntington Ingalls and South Korea's HD Hyundai Heavy Industries have signed an agreement to explore opportunities to increase production in commercial and

Japan PM Ishiba says he told Trump to rethink tariff policies

Japanese Prime Minister Shigeru Ishiba said on Monday he told U.S.

McLaren can be beaten, but Verstappen must be perfect: 5 takeaways from F1’s Japanese Grand Prix

McLaren remains the team to beat in Formula 1, but Max Verstappen’s victorious drive for Red Bull at the Japanese Grand Prix Sunday proves only excellence is good enough

BYD launches Denza premium brand in Europe to support expansion

Chinese electric vehicle giant BYD launched on Monday its premium Denza brand in Europe, aiming to support its expansion in the region and compete with top-end

China accuses US of unilateralism, protectionism and economic bullying with tariffs

China on Monday accused the U.S. of unilateralism, protectionism and economic bullying with tariffs, while calling on representatives of American companies including Tesla, to “take concrete actions” to resolve the tariffs

Mercedes-Benz Q1 deliveries fall 7% on weaker demand in China, Europe

German carmaker Mercedes-Benz said on Monday its first-quarter unit sales of cars and vans fell 7%, hit by declining demand in China and Europe.

Mideast stock markets tumble as US tariffs and low oil prices squeeze energy-producing nations

Middle East stock markets are tumbling as they struggle with the dual hit of U.S. tariffs and a sharp decline in oil prices

Stocks crater again, no 'ifs' or 'puts'

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets Forget about those puts.

Saudi Arabia cuts May oil prices to Asia close to four-year low after OPEC+ supply boost

Saudi Arabia, the world's top oil exporter, on Sunday slashed its prices for Asian buyers to close to their lowest level in four years, adding to speculation it is

China calls US tariffs 'bullying', urged others to continue with consultation

Threats and pressure are not the right way to deal with China, a Chinese foreign ministry spokesperson said on Monday after describing U.S.

Honda EVP Aoyama resigns after 'allegation of inappropriate conduct'

Honda Motor said on Monday that it had accepted the resignation of Executive Vice President Shinji Aoyama which followed an allegation of inappropriate conduct during a social

Taiwan central bank says it will intervene if needed to ensure forex stability

Taiwan's central bank said on Monday that it will intervene if necessary to ensure the stability of the Taiwan dollar exchange rate and that it has "sufficient ability" to deal with

After Trump, EU seeks zero tariff from India on car imports, sources say

The European Union wants India to eliminate tariffs on car imports under a long-pending trade deal and Prime Minister Narendra Modi's

Trump leaves emerging market central banks with no clean choices

U.S.

SoftBank to raise $4.1 billion in retail bond issuance

Japanese technology investment group SoftBank Group plans to raise 600 billion yen ($4.10 billion) by issuing bonds to retail investors, it said in a filing on Monday

Rice crisis: Japan releases strategic reserves to ease prices of nation’s most important food

Rice crisis: Japan releases strategic reserves to ease prices of nation’s most important food

Super Rat: the record-setting rodent sniffing out landmines and saving lives

Super Rat: the record-setting rodent sniffing out landmines and saving lives

India may tolerate weaker rupee if tariffs spur yuan decline, sources say

India's central bank could tolerate a sharper depreciation of the rupee if China lets the yuan weaken to cushion the impact of U.S. tariffs,

Microsoft venture Wicresoft to halt China operations, lay off staff, report says

Microsoft's joint venture Wicresoft will cease its China operations from Tuesday, a move that will lead to the layoff of about 2,000 staff, Chinese media outlet Caijing reported on

CATL in talks to buy controlling stake in Nio's power unit, sources say

Chinese battery giant CATL is in talks to buy a controlling stake in electric vehicle maker Nio's power unit, which runs more than 3,000 battery swapping stations in China, four

Global credit starts to wobble as market pain spreads

Global credit markets began to come under fire on Monday, driving the cost of insuring against corporate and sovereign default higher, as

BOJ says uncertainty for Japan economy growing as Trump tariffs rock markets

The Bank of Japan said uncertainty over Japan's economy was growing as some firms worried about the hit to profits from higher U.S. duties, a sign that President

China sovereign fund steps in to support stocks plunging on trade war

China intervened on Monday to support domestic stocks plunging on U.S. tariff woes, with a sovereign wealth fund increasing its holdings in

Taiwan stocks plummet in biggest one-day drop on record after US tariffs

Taiwan stocks plummeted almost 10% on Monday, the biggest one-day percentage fall on record, in the first trading since U.S. tariffs were announced last

Global markets plunge: Trump’s tariff turmoil sends European and Asian stocks into tailspin

Global markets plunge: Trump’s tariff turmoil sends European and Asian stocks into tailspin

China says it complains to US about Taiwan delegation's Washington visit

China's foreign ministry said on Monday the country had lodged representations with the United States over reports that a Taiwan delegation was in Washington to meet with the Trump

US blocks sea salt imports from South Korean salt farm over forced labor concerns

The United States has blocked imports of sea salt products from a major South Korean salt farm accused of using slave labor, becoming the first trade partner to take punitive action against a decadeslong problem on salt farms in remote islands off South Korea’s southwest coast

Singapore seen easing monetary policy as tariffs threaten growth

Singapore is expected to further ease monetary policy at next week's review, following a move in January, as U.S. tariffs against its trading partners cast a

Indonesia wants fair and equal relationship with US, President says

Indonesia wants a fair and equal relationship with the U.S., and will pursue diplomacy to address a 32% tariff rate imposed by the Trump administration, President Prabowo Subianto

US companies most vulnerable to China's retaliatory import tariffs

China's move to impose 34% tariffs on all U.S. goods in a tit-for-tat blow against U.S. President Donald Trump is set to roil industries from aviation to agriculture.

China tells US companies it will protect rights of foreign-funded firms

China's Vice Commerce Minister Ling Ji told U.S. companies including Tesla and GE Healthcare that the country would always protect the rights of foreign-funded firms in China, including

This is going to hurt

Global investors have yearned for clarity over U.S. President Donald Trump's tariffs, but now they have it, they don't much like what they see.

Tariff medicine's crippling side effects

A look at the day ahead in European and global markets from Wayne Cole Another day, another rout in Asian markets as President Trump shows no sign of backing away from his tariff plans

India sees no hit to projected growth from US tariffs, economists remain sceptical

India may still meet its 6.3%-6.8% growth projection for the 2025/26 fiscal year that started on April 1 despite global disruptions from new

China's Horizon Robotics announces partnership with Volkswagen on advanced smart driving tech

China's Horizon Robotics announced on Monday that it would cooperate with Volkswagen on advanced driver assistance solution, extending its co-operation with the German automaker.

Goldman Sachs raises odds of US recession to 45%

Goldman Sachs has raised the odds of a U.S. recession to 45% in the next 12 months, joining other investment banks in revising their forecast as fears of a trade war grip markets

South Korea to prepare support measures as US tariffs loom

South Korea's finance minister said on Monday the government would prepare support measures for sectors with urgent needs, ahead of U.S.

Samsung says TV business to be less affected by US tariffs due to Mexico output

Samsung Electronics' television business is expected to be less affected by U.S. tariffs than rivals because most of its TVs sold in North America are produced in Mexico, an

China teapot oil refiners improve run rates but demand woes, sanctions weigh

Run rates for China's struggling independent oil refiners have nudged up recently, but still face near-term pressure over tepid domestic fuel demand

LG Energy Solution flags 138% rise in Q1 operating profit

LG Energy Solution (LGES), an electric vehicle (EV) battery supplier for General Motors and Tesla, estimated on Monday a 138% rise in its quarterly operating profit.

India rupee eyes trade tensions for cues, RBI policy in focus for bonds

The Indian rupee will track the dollar and Chinese yuan's reaction to escalating global trade tensions this week, while the domestic central

Russian court cuts sentence of jailed US soldier Black, Russian agencies report

A Russian court in Vladivostok slightly cut the sentence of U.S. soldier Gordon Black who was jailed last year after being found guilty of stealing $113 from his girlfriend and making

Australia dollar dives to five-year low as markets bet on big rate cuts

The Australian dollar dived to five-year lows on Monday, slammed by fears that a tit-for-tat global trade war would send the global economy into a recession, which had

China stocks sink on trade war fears; Hong Kong dives 10%

Hong Kong and Chinese stocks dived on Monday as markets around the world crumbled in the face of a widening global trade war and fears it will unleash a deep recession.

Goldman Sachs expects significant Chinese fiscal easing to offset tariffs

Goldman Sachs said it expects Chinese policymakers to accelerate fiscal easing measures significantly to offset the drag on growth from higher tariffs

Bill Ackman warns Trump is losing business leaders' confidence

Billionaire fund manager Bill Ackman, who endorsed Donald Trump's run for President, said the U.S. leader was losing the confidence of business leaders and should pause his trade

Japan will ask US to cut tariffs but results won't come 'overnight', PM Ishiba says

Japanese Prime Minister Shigeru Ishiba said on Monday the government will continue to ask U.S.

South Korea cabinet to decide on June 3 presidential election date, Yonhap says

South Korea's cabinet is expected to finalise a June 3 date for a presidential election following the removal of Yoon Suk Yeol last week for his short-lived martial law declaration,

US tariffs to hit India's GDP growth, prompt more rate cuts

India's economic growth could slow by 20-40 basis points in the ongoing financial year due to the latest U.S. tariffs, which would prompt deeper interest rate cuts by

Toyota to boost EV models to 15, targets producing 1 million by 2027, Nikkei says

Toyota aims to have about 15 electric vehicle models developed on its own by 2027 and is targeting production of about 1 million cars a year by then, the Nikkei newspaper said on

Japan's Feb real wages down for 2nd straight month as inflation bites

Japanese real wages dropped for a second straight month in February due to higher inflation, labour ministry data showed on Monday, amid broader worries in Japan about the impact of

Samsung Q1 profit to drop 21% on weak AI chip sales, foundry losses

Samsung Electronics is expected to forecast a 21% drop in the first quarter profit on Tuesday, hurt by sluggish sales of artificial intelligence chips and continued

How far can you go without a map and smartphone in Japan? US gamer Ludwig Ahgren tries to find out

How far can you go without a map and smartphone in Japan? US gamer Ludwig Ahgren tries to find out

Wanted world leaders cast a wary eye at The Hague as Duterte languishes in ICC custody

Wanted world leaders cast a wary eye at The Hague as Duterte languishes in ICC custody

Ai Ogura and how MotoGP’s American dream could lie in Japanese hands

Ai Ogura and how MotoGP’s American dream could lie in Japanese hands

Taiwan eyes zero tariffs with US, pledges more investment

Taiwan's President Lai Ching-te on Sunday offered zero tariffs as the basis for talks with the U.S., pledging to remove trade barriers rather than imposing reciprocal measures and

Max Verstappen wins tense Japanese Grand Prix as teenage sensation Andrea Kimi Antonelli makes F1 history

Max Verstappen wins tense Japanese Grand Prix as teenage sensation Andrea Kimi Antonelli makes F1 history

India unlikely to retaliate against Trump's tariffs as deal talks progress, sources say

India does not plan to retaliate against U.S.

Taiwan announces temporary short-selling curbs after US tariffs

Taiwan's top financial regulator said on Sunday it will impose temporary curbs on short-selling of shares to help deal with potential

Red Bull's Max Verstappen holds off McLarens to win his fourth straight Japanese GP

Max Verstappen of Red Bull has won the Japanese Grand Prix, his first victory of the season and just the third in 17 races

North Korea holds first Pyongyang marathon after pandemic

North Korea on Sunday held its first Pyongyang International Marathon in six years, hosting foreign runners in the reclusive country that has largely closed its borders

Indonesia will not retaliate against Trump tariff, official says

Indonesia will not retaliate against U.S.

US, Vietnamese businesses ask Trump to delay 46% tariffs on Vietnam

U.S. and Vietnamese businesses have asked the Trump administration to delay its planned 46% tariff on Vietnamese goods, saying the levy will hurt them and bilateral commercial

South Korea assembly speaker proposes revising constitution to curb presidency

The speaker of South Korea's parliament on Sunday proposed revising the constitution to curb presidential powers, citing public support for such a move after President

Vietnam GDP growth slowed in first quarter ahead of Trump's tariffs

Vietnam's economic growth slowed in the first quarter of the year, data showed on Sunday, ahead of challenges the export-reliant economy will face in

Foreign journalists at US-backed media fear being sent to repressive homelands after Trump's cuts

Reporters and human rights groups say the Trump administration's efforts to dismantle the U.S. Agency for Global Media have put dozens of journalists at risk, especially those who defied authoritarian regimes to help fulfill the U.S. mission of delivering uncensored news to parts of the world under repressive rule

Seven serious and unserious ‘White Lotus’ theories for the Season 3 finale

Seven serious and unserious ‘White Lotus’ theories for the Season 3 finale

UN urges relief efforts in Myanmar as earthquake death toll rises

The confirmed death toll from last week’s massive earthquake in Myanmar has risen to 3,455, as U.N. agencies and foreign aid donors ramp up their emergency relief efforts

Several grass fires wreak havoc at Japanese Grand Prix qualifying as Max Verstappen sets new lap record

Several grass fires wreak havoc at Japanese Grand Prix qualifying as Max Verstappen sets new lap record

Closed doors and price hikes: Travel is getting expensive

Closed doors and price hikes: Travel is getting expensive

Taiwan president discusses US tariff response with tech execs

Taiwan President Lai Ching-te met tech executives on Saturday to discuss how to respond to new U.S. tariffs, promising to ensure Taiwan's global competitiveness and safeguard the

USAID team fired while in Myanmar earthquake zone, ex-official says

Three U.S. aid workers were laid off while in Myanmar helping the rescue and recovery from the country's massive earthquake, a former senior staffer said, as the

UN calls for Myanmar support as quake death toll reaches 3,354

The United Nations called for the world to rally behind quake-hit Myanmar on Saturday as the death toll rose to 3,354, while a former USAID official said a U.S. aid team had

China to US: 'Market has spoken' after tariffs spur selloff

China said on Saturday "the market has spoken" in rejecting U.S.

India, UAE to develop Sri Lanka energy hub as Delhi competes with China for influence

India and the United Arab Emirates agreed to develop an energy hub in Sri Lanka, India's foreign ministry said on Saturday, as New

Vietnam's VietJet to operate Chinese-made aircraft on domestic routes from mid-April

Vietnamese budget airline VietJet is set to operate Chinese-made COMAC ARJ21-700 aircraft, also branded as C909, on domestic routes for the first time from mid-April, according to a

Verstappen takes pole for Sunday's F1 Japanese Grand Prix ahead of Norris and Piastri

Max Verstappen of Red Bull will start from pole position in the Japanese Grand Prix after turning the top time in qualifying on Saturday in his final attempt

Cambodia's leader presides at ceremony for upgrade of naval base with help from China

Cambodian Prime Minister Hun Manet has presided over the opening of an expansion of his country’s main naval base, which analysts and the U.S. government suspect will be used as a strategic outpost by China

Philippines alarmed over China arrest of alleged Filipino spies

The Philippines expressed alarm on Saturday over the arrest of three Filipinos in China on suspicion of espionage, saying they were ordinary citizens and the arrests could be

Nissan considers transferring some domestic production to US, Nikkei says

Nissan Motor is considering shifting some domestic production of U.S.-bound vehicles to the U.S., the Nikkei reported on Saturday, as President Donald Trump ramps up trade tariffs on

Foxconn reports record Q1 revenue, says it must closely watch global politics

Taiwan's Foxconn, the world's largest contract electronics maker, posted its highest first-quarter revenue ever on strong demand for artificial intelligence products but said it

Singer Rara Sekar draws inspiration from nature, encourages people to return to simple living

Rara Sekar, an Indonesian singer, draws inspiration from nature as she encourages people to return to simple living as a way to combat climate change

Yoon Suk Yeol removed as South Korea's president over short-lived martial law

South Korea’s Constitutional Court has unanimously removed Yoon Suk Yeol as president after he threw the nation into turmoil by declaring martial law and sending troops to parliament in an ill-fated effort to break through legislative gridlock

In the race to save lives after the Myanmar quake, US rescuers are notable by their absence

Day after day, Chinese rescue teams haul children and elderly people from collapsed buildings

US official discusses Panama Canal-related audit with Panamanian minister

U.S.

Nintendo delays Switch 2 pre-orders in US on tariff uncertainty

Nintendo said it is delaying the start of pre-orders for the Switch 2 gaming device in the United States as it examines the potential impact of tariffs.

Taiwan's top security official visits US for talks, source says

The head of Taiwan's National Security Council arrived in the United States for talks with President Donald Trump's administration, a

North Korea leader Kim Jong Un visits military training base

North Korean leader Kim Jong Un on Friday visited the military training base of the special operation units of the Korean People's Army, state media reported on Saturday.

China retaliation on US farm goods hits soybeans, bolstering Brazil

China's retaliation on Friday against new U.S. tariffs is poised to accelerate Beijing's move towards alternative suppliers for

North Korea media reports on South Korea's court ruling to oust impeached president -KCNA

North Korea media reported on South Korea's Constitutional Court ruling to oust the country's impeached president, Yoon Suk-Yeol, state media KCNA said on Saturday.

Markets plunge with S&P 500 down 6% and Dow down 2,200 after China retaliates against Trump tariffs

Wall Street’s worst crisis since COVID slammed into a higher gear

S&P 500 loses $5 trillion in two days in Trump tariff selloff

Global stock markets extended their recent rout on Friday, with S&P 500 companies wiping out $5 trillion in stock market value since U.S.

Markets extend plunge after Powell says Fed to wait and see on tariffs impact

The rout on Wall Street continued on Friday, with the Nasdaq earning a bear-market classification, after China imposed fresh tariffs on all U.S. goods in response to the Trump

Oil sinks to pandemic lows; metals, soybeans slump as China retaliates

Oil prices plunged nearly 8% on Friday to the lowest level since 2021, while copper, soybeans and other commodities also fell as China

Global rout in bank shares intensifies as recession fears mount

Bank stocks tanked across the globe on Friday as fears of a recession swept through markets after U.S.

Rubio says US can no longer supply bulk of global humanitarian aid

The United States will no longer bear the burden of providing the majority of global humanitarian aid, Secretary of State Marco

Tesla, chips, and banks tumble as China's retaliation stokes fears of widening trade war

U.S. chip companies, banks and oil majors fell sharply on Friday after China retaliated to Trump's tariffs with steep duties, in an intensifying trade war between the

Japan's Rapidus in talks with Apple, Google to mass-produce chips, Nikkei reports

Japanese chipmaker Rapidus is negotiating with Apple, Google and dozens of other potential clients to mass-produce advanced chips by 2027, the Nikkei business daily reported on Friday,

India's Modi aims for stronger energy, defence ties with Sri Lanka visit

India is looking to strengthen energy and defence ties with Sri Lanka and promote investments during Prime Minister Narendra Modi's two-day

South Koreans are still puzzling over why their leader declared martial law

Reaction to a court verdict ousting South Korean President Yoon Suk Yeol from office was a vivid window into the nation’s deep political divisions

A week after catastrophic earthquake, focus turns to a growing humanitarian crisis in Myanmar

Search teams have pulled more bodies from the ruins of buildings a week after a massive earthquake rocked Myanmar killing more than 3,300 people

Myanmar confirms 180,000 Rohingya refugees eligible for return, says Bangladesh

Myanmar has confirmed that 180,000 Rohingya refugees living in Bangladesh since fleeing their homeland are eligible to return, the Bangladesh government’s press office

Armenia adopts law to launch EU accession process

Armenia's president on Friday signed into law a bill that sets a legal foundation for the South Caucasus country to move towards joining the European Union as it moves to

Nowhere to hide: Trump tariffs leave trading partners cornered

U.S. trading partners have few good options in their trade war with President Donald Trump, other than to sue for

Sri Lanka says it is committed to substantially reduce tariff and non-tariff barriers with US

Sri Lanka is ready to engage with the United States in strengthening trade relations, the island nation said on Friday, committing to substantially reduce tariff and non-tariff

China punches back as world weighs how to deal with higher US tariffs

China hit back with a stiff import tax on US goods as countries and industries around the world weighed their responses to President Donald Trump’s latest tariffs hikes that are roiling global trade and world markets

Businesses spent years diversifying away from China. Trump’s trade war could destroy those economies

Businesses spent years diversifying away from China. Trump’s trade war could destroy those economies

Myanmar military limiting aid in earthquake areas, UN says

Myanmar's military is limiting critically needed humanitarian aid for earthquake victims in areas where it sees opposition to its rule, the United Nations human

China imposes 34% reciprocal tariffs on imports of US goods in retaliation for Trump’s trade war

China imposes 34% reciprocal tariffs on imports of US goods in retaliation for Trump’s trade war

China files complaint with WTO over new US tariffs

China said it had opened a formal complaint against the new U.S. tariffs with the World Trade Organization on Friday, saying the measures violate WTO rules and requesting

Living abroad and hungry to see a Chinese movie on the biggest of screens, some took action

A group of Chinese people have decided they wanted the nation’s biggest movie to be big in the United States, literally

Investors react to China's retaliatory tariffs on US goods

China announced additional tariffs of 34% on U.S. goods on Friday, upping the ante in a global trade war after President Donald Trump's sweeping tariffs this week.

US tariffs set to cripple India's diamond industry, hurting jobs, exports

A wave of anxiety has gripped India's diamond polishing hub of Surat, as hefty U.S. tariffs threaten to undermine the country's gem and

India's Modi urges Bangladesh leader to avoid rhetoric that mars ties

India's prime minister urged Bangladesh's interim leader to avoid rhetoric that marred bilateral relations during their first meeting

Taiwan unveils $2.7 billion in help for companies to deal with US tariffs

Taiwan's government announced T$88 billion ($2.67 billion) worth of financial help on Friday for companies

Vietnam's VietJet to sign aircraft finance deal, boost cooperation with Boeing, document says

Vietnamese budget airline VietJet is set to sign a $200 million aircraft finance deal with a partner of investment fund KKR at a meeting in Washington next week

In leaderless South Korea, Trump's tariffs will overshadow snap election

With a snap election looming, South Korea's rival parties jockeyed for position with vows to focus on the economy and livelihood, but the

Japan could lose $17 billion in car exports due to US tariffs, says UN trade agency

Japan could lose $17 billion in car export potential in the U.S. following President Donald Trump's decision to introduce 25% tariffs on the automotive sector,

Sri Lanka's target to be free of land mines by 2028 is under threat as US reviews aid

Thavarathnam Pushparani fought on the front lines for the now-defeated Tamil Tiger rebels against the Sri Lankan forces in its decades-long separatist war and later took to clearing the land mines on the same battle lines

The smell of death still lingers in the town at the epicenter of Myanmar’s earthquake

The smell of death still lingers in the town at the epicenter of Myanmar’s earthquake

One Beijing man’s quest to keep cooking - and connecting with Americans - on camera

From his kitchen in Beijing, Yu Bo is running a campaign to connect China with America – one slapstick cooking video at a time.

How Indian bank IndusInd's push for profits and lax controls drove it to a crisis

IndusInd Bank ignored established Indian derivative accounting practices for years as it chased profit growth, resulting in a $175 million balance-

US tourist arrested after allegedly attempting to contact ‘world’s most isolated’ tribe

US tourist arrested after allegedly attempting to contact ‘world’s most isolated’ tribe

Yoon Suk Yeol: The ‘American Pie’-singing conservative dramatically ousted from office

Yoon Suk Yeol: The ‘American Pie’-singing conservative dramatically ousted from office

What to expect in South Korea now that Yoon has been removed from office

South Korea’s Constitutional Court has formally removed President Yoon Suk Yeol from office by upholding his impeachment over his imposition of martial law in December

Vietnam to impose temporary anti-dumping tariffs on galvanised steel from China, South Korea

Vietnam will impose a temporary anti-dumping levy of up to 37.13% on some galvanised steel products originating from China, and up to 15.67% for some products from South Korea,

Japanese bank shares hammered as US tariffs spur fears about country's fragile recovery

Japanese banks posted their biggest weekly drop in at least four decades on Friday, as U.S. tariffs sparked fears that a slowdown in global growth could choke off the country's

BOJ may raise rates again, then pause, says ex-board member

The Bank of Japan may raise interest rates once more this year then pause, as U.S.

Trump tariffs poised to exacerbate woes of ailing petchems sector

Sweeping new U.S. import tariffs threaten to further erode demand for global petrochemical producers and accelerate capacity cuts in an industry plagued by weak

Thai arrest warrant issued for American academic on royal insult charges

A Thai court issued an arrest warrant for an American academic on charges of insulting the monarchy, a rare use of the country's "lese majeste" law against a foreigner, according

Families of Philippine drug war victims fight back, urge probe into online attacks

Families of Philippine drug war victims who say they have been targeted by a "coordinated" campaign of online harassment urged law enforcers on Friday to investigate the attacks and

Trump tariffs may delay, but won't derail, Japan rate hikes

New U.S. tariffs announced by President Donald Trump may delay, but likely won't derail, the Bank of Japan's plan to raise interest rates further as policymakers seek

South Korea's Yoon removed from office over martial law, election looms

South Korean President Yoon Suk Yeol was ousted on Friday by the Constitutional Court, ushering in an election after it upheld parliament's impeachment

Yoon Suk Yeol had a rapid rise in South Korean politics before an abrupt downfall

South Korea's Constitutional Court has upheld parliament's impeachment of President Yoon Suk Yeol and removed him from office

South Korea’s impeached president is removed from office, four months after declaring martial law

South Korea’s impeached president is removed from office, four months after declaring martial law

US tariffs risk slowing global growth significantly, ADB chief economist says

The United States' sweeping new tariff regime risks slowing both U.S. and global growth, shrinking export markets and potentially prompting a Federal Reserve response, the Asian

Japanese stocks in bear market as banks slump on tariff jitters

Japanese stocks sank on Friday to their lowest since last August, marking their sharpest weekly drop in five years, as fears of a global recession

India March services growth moderated, inflation eased sharply, PMI shows

The rapid expansion in India's dominant services sector cooled slightly in March amid softer demand, despite firms raising prices at the lowest rate in three-and

Key events leading to Yoon's removal as South Korea's president

Yoon Suk Yeol called South Korea's National Assembly a “den of criminals” when he announced martial law in December

Wall Street has most to lose from trust lost

A look at the day ahead in European and global markets from Wayne Cole It's been another day of pain in Asia with the Nikkei down 3% and a stomach-churning 9.6% for the week, the biggest drop since

With US tariffs, India's jewellery exports set for sharp decline

India's $32 billion gems and jewellery industry is bracing for a sharp fall in exports as hefty U.S. tariffs will impede overseas sales to its biggest market,

Who are the top contenders for South Korea's presidential election?

South Korea will hold a snap presidential election within 60 days after the Constitutional Court unanimously removed President Yoon Suk Yeol from office on Friday, upholding his

Singapore disappointed with 10% tariffs, will seek negotiation with the US: trade minister

Singapore's trade minister said the wealthy financial hub was disappointed that the U.S. had imposed a 10% tariff on its exports despite it having a free-trade agreement and

India's parliament passes bill that would change Muslim land endowments

India's parliament has passed a controversial bill moved by Prime Minister Narendra Modi’s Hindu nationalist government to amend laws governing Muslim land endowments

BOJ's Ueda warns of hit to Japan economy from Trump tariffs

Bank of Japan Governor Kazuo Ueda said on Friday the central bank will scrutinise the impact of U.S. tariffs on the country's economy when setting monetary policy,

South Korea's ousted leader Yoon loses reckless gamble with martial law

South Korea's ousted leader Yoon Suk Yeol, a brash ex-prosecutor who came to power by repeatedly defying setbacks and taking gambles, ultimately fell victim to political

What happens next after South Korea removes President Yoon

South Korea's Constitutional Court on Friday removed President Yoon Suk Yeol from office over his stunning declaration of martial law in a case that ignited the worst political

Morgan Stanley raising about $680 million for Japan real estate fund, sources say

Morgan Stanley is raising about 100 billion yen ($684 million) for a Japan-focused real estate fund, two people familiar with the matter said,

Airline pilots need to be able to voice safety concerns freely, global union body says

Pilots need to be better able to voice safety concerns freely without fear of punishment to reduce the chances of aviation accidents, the head of the International

Japan February household spending dips on cost-of-living pressures

Japanese household spending fell for the first time in three months in February, government data showed on Friday, highlighting consumer wariness in the face of

Emerging economies brace for Trump tariff 'turning point'

Emerging economies worldwide are bracing for sliding currencies and a possible deterioration of their sovereign credit after

Trump's global tariffs hurt China with 'all-round blockade'

Chinese outdoor furniture maker Jin Chaofeng set up a factory in Vietnam last July to escape higher U.S. tariffs.

US stocks post biggest drop since 2020, dollar falls as Trump tariffs fuel recession fears

Major U.S. stock indexes registered their biggest daily percentage drops since 2020 on Thursday and the dollar weakened as U.S.

Dow drops 1,600 as US stocks lead worldwide sell-off after Trump’s tariffs cause a COVID-like shock

Financial markets around the world reeled following President Donald Trump’s latest and most severe set of tariffs, and the U.S. stock market took the worst of it

South Korea tightens security ahead of Yoon impeachment ruling

South Korea is bracing for a potentially violent public reaction to a Constitutional Court ruling on Friday on whether to remove impeached President Yoon Suk Yeol from office or

South Korea's acting president calls for talks with US over tariffs

South Korea's acting President Han Duck-soo called on Thursday for talks with U.S. officials to shield the export-reliant economy from the impact of U.S.

Myanmar earthquake toll crosses 3,000; heat and rains fuel disease risk

Extreme heat and heavy rain in Myanmar could cause disease outbreaks among earthquake survivors camping in the open, global aid bodies warned on Thursday, complicating rescue

Myanmar earthquake death toll rises to 3,145 as more bodies found

The death toll from the earthquake that hit Myanmar nearly a week ago has risen to 3,145 as search and rescue teams find more bodies

US, Chinese military officials hold talks in Shanghai

U.S. and Chinese military officials met in Shanghai for a series of meetings which the U.S. military said on Thursday were focused on reducing unsafe actions by Chinese military

Miracle rescues offer hope, days after deadly Myanmar earthquake

Miracle rescues offer hope, days after deadly Myanmar earthquake

Dollar sinks as investors grapple with tariff aftermath

The U.S. dollar sank against major peers on Thursday, dropping to six-month lows against the euro, and the safe haven yen and Swiss franc, as investors grappled with how

Trump's global trade war may defeat US strategic goals on China

In its first months, U.S.

UN aid chief to arrive in Myanmar on Friday

United Nations aid chief Tom Fletcher will arrive in earthquake devastated Myanmar on Friday, said U.N.

Fitch cuts China's foreign currency rating on rising debt, weakening finances

Global ratings agency Fitch on Thursday downgraded China's long-term foreign currency credit rating to 'A' from 'A+', on expectations of weak public finances and rapidly rising debt.

India says studying impact of 27% US tariff, vows to push trade deal

India said on Thursday it was studying the impact of the 27% tariff slapped by the U.S. on its imports and vowed to push for a trade

Post-earthquake ceasefires in Myanmar offer rare opportunity for disaster diplomacy

Temporary ceasefires announced by warring groups in Myanmar in the wake of last week’s devastating 7.7 magnitude earthquake represent a rare de-escalation of a conflict that since 2021 has taken thousands of lives and uprooted more than 3 million people

Trump's trade policies triggered largest Asian equity outflows in at least 15 years in Q1

Foreign investors withdrew the largest amount of money from Asian equities in about 15 years in the quarter to March ahead of U.S.

Search for missing flight MH370 suspended due to bad weather, says Malaysia transport minister

The search for the wreckage of the missing Malaysia Airlines flight MH370 in the southern Indian Ocean has been suspended due to poor weather conditions and will only resume

Trump tariff shock stings Bangladesh, Sri Lanka garment giants, may help India

Bangladeshi garment exporter Shahidullah Azim woke up on Thursday to the shock of U.S.

China stocks, yuan tumble after bigger-than-expected Trump tariffs

China's yuan dropped to its lowest level in seven weeks and stock markets slumped on Thursday after U.S.

Nintendo Switch 2 to launch in June with $449.99 price tag

Nintendo said it will launch its Switch 2 gaming device on June 5, with the long-anticipated successor to its hit hybrid home-portable Switch retailing for $449.99.

Southeast Asian nations, among hardest-hit by Trump tariffs, seek talks

Southeast Asian nations reeled on Thursday as they were hit with some of President Donald Trump's heftiest tariffs, which now

Taiwan says US tariffs unreasonable, partly blames Trump policies for trade surplus

Taiwan said on Thursday that U.S. tariffs levied on the island were unreasonable and it would discuss them with Washington, partly blaming U.S. tech curbs on China

With US absent, China steps in for earthquake-hit Myanmar

After a 7.7 magnitude earthquake shook Myanmar on Friday, killing more than 2,800 people, international rescuers rushed into the

Thailand growth to be hit by US tariffs, finance minister says

Thailand's economic growth could be reduced by 1 percentage point due to the imposition of U.S. tariffs, the finance minister said on Thursday.To try to maintain exports, the

Relatively lower tariff hit, slumping dollar helps rupee hold ground

The rupee closed modestly stronger on Thursday, aided by a broadly weaker dollar and inflows as markets grappled with the impact of sweeping U.S. reciprocal

Japan's Mitsubishi may consider investing in Alaska LNG project, CEO says

Japanese trading house Mitsubishi Corp may consider investing in an LNG project in Alaska, though any decision will require careful review, Chief Executive Katsuya

Global drinks maker Suntory aims to sell local to avoid tariffs, president says

Japanese drinks maker Suntory is looking to shift where it markets its spirits across the globe as it girds for a potential trade war, its new president said on

Max Verstappen says it ‘was not a mistake’ that he liked Instagram post criticizing Liam Lawson-Yuki Tsunoda swap

Max Verstappen says it ‘was not a mistake’ that he liked Instagram post criticizing Liam Lawson-Yuki Tsunoda swap

Trump’s hefty tariffs send stock markets falling

Trump’s hefty tariffs send stock markets falling

Japan 'disappointed' in Trump tariffs, will support businesses

Japanese Prime Minister Shigeru Ishiba said on Thursday he was disappointed that his country did not win an exemption from President Donald

Tencent-backed China Ruyi aims to raise up to $500 million in convertible bonds, sources say

Streaming media firm China Ruyi Holdings, backed by gaming and internet company Tencent, is aiming to raise between $300 million and $500 million in

Japan's Nikkei slumps to 8-month low on Trump tariff shock

Japan's Nikkei share average slumped to an eight-month low on Thursday after U.S.

China vows to counter Trump’s ‘bullying’ tariffs as global trade war escalates

China vows to counter Trump’s ‘bullying’ tariffs as global trade war escalates

Philippines assures China potential F-16 purchase not intended to harm any nation

The potential purchase of F-16 jets by the Philippines from the United States does not harm the interests of any third party, including China, a Philippine security official said on

Myanmar’s military government announces temporary ceasefire to aid quake efforts

Myanmar’s military government announces temporary ceasefire to aid quake efforts

IMF sees Japan sustainably hitting central bank's inflation target

Japan is showing signs of sustainably achieving the central bank's 2% inflation target with robust consumption and capital expenditure likely to underpin the economy,

China's services activity rises to three-month high, Caixin PMI shows

China's services activity rose to three-month high in March, with both business activity and new orders picking up from February, a private sector survey showed on Thursday.

Taiwan details surge in Chinese activity on last day of war games

Taiwan's defence ministry on Thursday detailed a surge in Chinese military activity as Beijing wrapped up a second day of war games overnight Wednesday, saying it had detected 59

Japan services sector loses steam in March as confidence eases, PMI shows

Japan's service industry stagnated in March while broader private sector activity contracted at the fastest pace in more than two years, a business survey showed on Wednesday.

Hyundai Motor says no plan for price hikes in US for now

Jose Munoz, co-CEO of Hyundai Motor, said on Thursday there were no plans to raise prices in the United States at this time in response to U.S. tariffs.

Myanmar's deadly earthquake may bring diplomatic payoff for junta chief

Myanmar's deadliest natural disaster in years has strengthened the position of ruling general, Min Aung Hlaing, by opening diplomatic channels

Why mango sticky rice is one of Thailand’s most beloved summer dishes

Why mango sticky rice is one of Thailand’s most beloved summer dishes

Myanmar's military declares a ceasefire to ease quake relief as deaths pass 3,000

Myanmar’s ruling military has declared a temporary ceasefire in the country’s civil war to facilitate relief efforts following a 7.7 magnitude earthquake that has killed more than 3,000 people

A jittery Wall Street rides the tariff roller coaster and appears headed for big losses on Thursday

U.S. stocks whipped through another dizzying day of trading, but the mood on Wall Street turned sour after President Donald Trump unveiled sweeping new tariffs against nearly all U.S. trading partners, an action that could drastically remake the global economy

Equity futures sink, gold rises after Trump imposes tariffs

Equity futures fell on Wednesday after the U.S. market close while safe-haven gold and bond prices rose as investors worried about U.S.

Counting the potential toll of Trump's tariffs on major Asian economies

Export manufacturing and free trade helped transform China and other Asian countries into economic powerhouses

Trump adviser Waltz's team set up 20 Signal group chats for world crises, Politico reports

The team of President Donald Trump's national security adviser, Mike Waltz, set up at least 20 group chats on the commercial Signal app to coordinate official work on issues

UK expresses concern over Chinese military exercises around Taiwan

Britain on Wednesday joined the U.S., European Union and Japan in expressing concern over Chinese military exercises around Taiwan, calling for restraint and to avoid actions that

US tariffs upend Japanese carmakers' Mexico gambit - and add to Nissan's woes

Japanese automakers have long relied on the "dependable and affordable" appeal of their economy cars to drive U.S. sales, thanks in part to low-cost production in

Junta chief to leave quake-striken Myanmar for summit, aid groups clamour for access

Myanmar's ostracised leader Min Aung Hlaing will leave his disaster-stricken country on Thursday for a rare trip to a regional summit, state TV said, as aid groups called for restrictions

UK police fear serial rapist may have had more than 50 other victims as more women come forward

UK police fear serial rapist may have had more than 50 other victims as more women come forward

Chinese firms place $16 billion in order for new Nvidia chips, the Information reports

Chinese companies including ByteDance, Alibaba Group and Tencent Holdings have placed at least $16 billion in orders for Nvidia's H20 server chips in the first three months of the year, the

Thai search dogs go from sniffing to soothing at collapsed tower site

Two rescue dogs in Thailand switched roles briefly on Wednesday to provide emotional support following five days spent sniffing for signs of

Russian, Iranian deputy foreign ministers discuss negotiations on Tehran's nuclear programme

Iranian Deputy Foreign Minister Majid Takht Ravanchi on Wednesday discussed ongoing negotiations regarding Tehran's nuclear programme with Russian counterpart Sergei Ryabkov, the

Scientists sent beans into orbit and made ‘space miso.’ Here’s how it tasted

Scientists sent beans into orbit and made ‘space miso.’ Here’s how it tasted

Kazakhstan says it has discovered 20 million ton rare earth metals deposit

Kazakh geologists have discovered a rare earth metal deposit with estimated resources of more than 20 million metric tons at a depth of up to 300 metres, the country's

China’s military launches live-fire exercise in escalation of blockade drills near Taiwan

China’s military launches live-fire exercise in escalation of blockade drills near Taiwan

Doubts over CK Hutchison port deal add to concerns about China's grip over Hong Kong

An expected delay in a key step in CK Hutchison's planned sale of its Panama ports to a U.S. group, a deal blasted by Chinese media, highlights

United grows Pacific flights on demand for long-haul travel

United Airlines said on Wednesday it will add flights to Pacific destinations like Thailand and Vietnam, as long-haul travel remains a bright spot for U.S. carriers despite slowing

Two senior Chinese Communist Party officials swap jobs in 'unprecedented' move

Two members of China's Politburo, the Communist Party's elite decision-making body, have swapped jobs, state media reported on Wednesday, without giving a reason for

China conducts military drills focusing on Taiwan Strait

China has conducted military drills around Taiwan for a second day focusing on the Taiwan Strait separating the self-governing island democracy from China that is a crucial conduit for international trade

Ahead of US tariffs, Taiwan says it is 'indispensable' to global supply chain

Taiwan President Lai Ching-te said on Wednesday ahead of an announcement of sweeping import tariffs by the United States that the island is an "indispensable" member of the global

China extends EU brandy probe, delays definitive penalties

China will extend its anti-dumping investigation into European Union brandy by three months, its commerce ministry said on Wednesday, giving EU exporters, mainly French cognac

Myanmar junta chief to join regional summit in person, Thailand says

Myanmar junta leader Min Aung Hlaing, whose country was struck by a devastating earthquake last week, will attend a regional summit of mostly South Asian leaders in Bangkok on

Tesla's China-made EV sales fall 11.5% y/y in March

U.S. automaker Tesla sold 78,828 China-made electric vehicles in March, down 11.5% from a year earlier, data from the China Passenger Car Association (CPCA) showed on Wednesday.

India backs EV tariff cuts for Trump trade deal, defying autos lobby, sources say

India plans to lower import tariffs on electric cars, rejecting requests from local automakers to delay such cuts by four years,

China concludes two-day war games around Taiwan after live fire drills

China's military concluded two-day war games around Taiwan in which it held long-range, live-fire drills in the East China Sea,

US approves sale of 20 US F-16 fighter jets to Philippines as Washington tightens key Asian alliance

US approves sale of 20 US F-16 fighter jets to Philippines as Washington tightens key Asian alliance

New Indian bill proposes to revamp Muslim land management, faces backlash

The Indian government on Wednesday presented a bill in parliament that plans sweeping changes in the management of vast tracts of land set aside solely for Muslim

Buildings in Myanmar continue to collapse days after deadly quake

Buildings in Myanmar continue to collapse days after deadly quake

BYD posts robust growth in car sales as it takes on Tesla globally

BYD posts robust growth in car sales as it takes on Tesla globally

China's CATL, Sinopec plan to build 10,000 battery swap stations

Chinese electric vehicle battery giant CATL said on Wednesday that it will partner with state-owned oil giant Sinopec to build 10,000 battery swap stations.

Hedge funds rush to cut Asia exposure ahead of US tariff announcement

Hedge funds dumped stocks and lowered leveraged positions in Asian markets last week, data from Morgan Stanley shows, pointing to their defensive stance before U.S.

New Hong Kong police chief to increase security work despite US sanctions

Hong Kong's new police commissioner played down the impact of recent U.S. sanctions on Hong Kong and Chinese officials, while pledging to do more to safeguard

Vietnam to send deputy PM on US trip as tariffs loom, Bloomberg News reports

Vietnam's Deputy Prime Minister Ho Duc Phoc and executives from companies including Vietnam Airlines JSC and Vietjet Aviation JSC will visit the United States this weekend as U.S. tariffs

Worried families and search dogs bond during the long days of rescue effort at Bangkok collapse

For most of the day, somberness clouds a makeshift shelter for grief-stricken relatives of dozens of workers still missing at the site of a building collapse in Bangkok

Standard Chartered raises China 2025 GDP growth forecast to 4.8% from 4.5%

Standard Chartered on Wednesday revised its 2025 economic growth forecast for China to 4.8% from 4.5%, given "stronger-than-expected" real activity performance in the first two

China's main auto show cast in unwelcome spotlight as government backers clash

The government backers of China's largest auto show have clashed over who has the rights to organise it, sowing confusion among automakers and would-be attendees just weeks before

Latest North Korean ship can carry dozens of missiles, analysts say

North Korea's new class of warship can accommodate dozens of vertical launch cells to carry missiles its military has already developed, analysis of a satellite

China to launch grid-connected car projects to balance power supply

China plans to launch pilot projects in nine cities that would use the country's growing fleet of electric vehicles as batteries to shore up power supply on the

Chile's Codelco to supply copper concentrate to India's Adani Group-owned smelter

Chile's state-owned Codelco, the world's largest copper producer, said on Wednesday it would supply copper concentrates to India's Adani Group's $1.2 billion smelter, the world's biggest

South Korea's acting president urges calm, tighter security ahead of impeachment ruling

South Korea's interim leader called on the nation on Wednesday to calmly accept the decision from the Constitutional Court on the impeachment of President

Vietnam to host China, EU leaders in coming weeks amid US tariff risks, sources say

China's President Xi Jinping and European Union leaders are set to visit Vietnam in the next few weeks in a swirl of diplomatic activity amid

Walmart continues to push Chinese suppliers to cut prices, Bloomberg News reports

U.S. retailing giant Walmart is continuing to push Chinese suppliers to cut prices to offset President Donald Trump's tariffs, Bloomberg News reported on Tuesday, citing people familiar

China's war games around Taiwan over the years

China launched its latest round of war games around Taiwan on Tuesday, saying on Wednesday they were code-named "Strait Thunder-2025" and were a "stern warning" against separatism.

Top Japanese shipping line fears US tariffs will slow cargo flows, president says

Nippon Yusen (NYK), Japan's largest shipping line, is concerned that U.S.

Thailand may lose up to $8 billion from potential US tariffs, says official

Thailand could suffer a $7 billion to $8 billion export loss from potential U.S. tariffs if the U.S. administration were to even up

Survivors still being found from Myanmar earthquake, but hopes begin to fade as deaths exceed 2,700

Rescue workers have saved a 63-year-old woman from earthquake rubble in Myanmar’s capital

Indian rupee to react to US tariffs, bond yields seen inching lower

The Indian rupee will react to the announcement of reciprocal tariffs from the United States this week, with investors looking to gauge how

Russian, Chinese foreign ministers discuss Iran's nuclear program and Korea, Russia says

Russia's Foreign Minister Sergei Lavrov discussed with his Chinese counterpart, Wang Yi, the situation on the Korean Peninsula as well as Iran's nuclear program, the Russian foreign

North Korea denounces US, Japan's pledge to co-produce missiles on Hegseth visit

North Korea criticised a recent agreement by Japan and the United States on co-producing air-to-air missiles as aggravating regional security risks and another example of

South Korea March inflation +2.1% y/y, slightly above forecast

South Korea's consumer prices rose 2.1% in March from a year earlier, after a rise of 2.0% in February, government data showed on Wednesday.

Germany sees Ukraine truce efforts as deadlocked, while China says the talks are encouraging

Germany’s chief diplomat is describing U.S. President Donald Trump’s efforts to secure a truce in the three-year war between Russia and Ukraine as deadlocked

Chinese military conducts large-scale drills around Taiwan

The Chinese military has conducted large-scale drills around Taiwan as it again warned the self-ruled island against seeking formal independence

Stocks edge higher, gold soars with Trump tariffs in view

Global shares edged higher in choppy trading on Tuesday, while safe-haven gold soared to a record peak as markets awaited details of U.S.

UN urges aid to Myanmar quake survivors before monsoons hit, death toll climbs towards 3,000

United Nations officials who surveyed earthquake damage in Myanmar urged the global community on Tuesday to ramp up aid before the looming monsoon season worsens already catastrophic

Stock market today: More swerves hit Wall Street as Trump's "Liberation Day" nears

U_S_ stocks swerved through another shaky day of trading, with uncertainty still high about just what President Donald Trump will announce about tariffs on his “Liberation Day.”

Myanmar rebel alliance declares unilateral ceasefire to support quake response

A major rebel alliance in Myanmar on Tuesday declared a unilateral ceasefire in its conflict with the ruling military to support an international humanitarian response to last week's

Alibaba prepares for flagship AI model release as soon as April, Bloomberg News reports

China's tech and e-commerce giant Alibaba Group is planning to release Qwen 3, an upgraded version of its flagship AI model, as soon as this month, Bloomberg News reported on Tuesday,

China launches military drills around Taiwan, calls Taiwan president a 'parasite'

China staged military drills off Taiwan's north, south and east coasts on Tuesday as a "stern warning" against separatism and called

Melania Trump says courage is 'based in love' as she honors women from around the world for bravery

Melania Trump has recognized eight women with the 2025 International Women of Courage Award

Yen holds gains vs US dollar ahead of tariff announcement

The yen rose against the dollar on Tuesday, after U.S. economic data showed softness in the manufacturing sector and labor market ahead of tariff announcements

Chinese automakers Dongfeng Motor and Changan Auto hold merger talks, NYT reports

Chinese automakers Dongfeng Motor and Chongqing Changan Automobile are in advance discussions to combine their operations, the New York Times reported on Tuesday, citing people with

Archaeologists unearthed a cache of stone tools. Neanderthals may have made them, study finds

Archaeologists unearthed a cache of stone tools. Neanderthals may have made them, study finds

Chile's Codelco agrees on $666 million in loans from Japan's JBIC, commercial bank

Chile's state-run Codelco, the world's largest copper producer, said on Tuesday it agreed on a $466 million loan from the Japan Bank for International Cooperation and an

China says beef tariff investigation will be fair

China said it would deliver a "fair and objective" ruling following a hearing in its ongoing investigation into beef imports that could lead to higher

Trump tariffs hinder M&A and IPOs in what was supposed to be a blockbuster quarter

A global trade war kicked off by U.S.

Factories around the world brace for Trump tariffs

Factories around the world, from Japan to Britain to the United States, saw activity slump in March as businesses braced for new U.S. tariffs

Stone tool discovery in China shows people in East Asia were innovating during the Middle Paleolithic, like in Europe and Middle East

Discovery in China of tools called Quina scrapers suggests the people of East Asia were as inventive and flexible with technology during the Middle Paleolithic era as those in other parts of the world.

Bangkok reviews construction safety after a high-rise was crumpled by an earthquake 800 miles away

The governor of Bangkok says authorities are investigating why a high-rise building under construction collapsed during an earthquake that otherwise caused limited damage in the Thai capital

China's resale home prices drop at faster pace in March, survey shows

Average resale home prices across 100 Chinese cities fell at a sharper month-on-month pace in March, a private survey showed on Tuesday, signalling persistent challenges in the

China's Luxshare weighing Hong Kong listing this year, sources say

China's Luxshare Precision Industry, maker of Apple AirPods, is considering a Hong Kong listing this year, three people familiar with the matter said

Xi says China and India should strengthen ties in 'Dragon-Elephant tango'

China and India should work more closely together, Chinese President Xi Jinping told Indian President Droupadi Murmu, saying their relationship should take the form of a "Dragon-

Arm recently sought to acquire Alphawave for AI chip tech, sources say

By Milana Vinn, Max A.

Rescue hopes fading four days after quake kills more than 2,700 in Myanmar and Thailand. Here’s what we know

Rescue hopes fading four days after quake kills more than 2,700 in Myanmar and Thailand. Here’s what we know

80 years after World War II, Okinawa’s battle sites are still giving up bones and bombs

80 years after World War II, Okinawa’s battle sites are still giving up bones and bombs

A fireball from a burst gas pipeline in Malaysia injures 145 people

Authorities say a fireball that erupted from a burst gas pipeline soared into the sky outside Malaysia’s largest city and injured 145 people

South Korean superstar Kim Soo Hyun tearfully denies controversial claims about relationship with late actress

South Korean superstar Kim Soo Hyun tearfully denies controversial claims about relationship with late actress

US flags India's burdensome import requirements as trade barrier ahead of Trump's tariffs

The United States has flagged concerns over India's increasing and burdensome import-quality requirements, among its many barriers to trade,

US sanctions six Chinese and Hong Kong officials for rights abuses

The U.S. sanctioned six senior Chinese and Hong Kong officials on Monday, citing "transnational repression" and further erosion of

In Myanmar's 'Abode of Kings', earthquake hits home of military power

On Thursday night, Myanmar junta leader Min Aung Hlaing stood astride a jeep, touring columns of saluting soldiers as fighter jets shot flares and

Chinese banks hike consumer loan rates in abrupt reversal as bad debt risks mount

Some Chinese banks have started raising interest rates amid growing bad consumer loans in a dramatic U-turn just weeks after slashing them to unprecedented

Water and medicine in short supply after Myanmar earthquake, says UN

Shelter, clean water and medicine are in short supply following the earthquake in Myanmar that has caused significant structural damage and had a devastating

US trading firm Jane Street seeks to rapidly expand Hong Kong office space, sources say

Jane Street, one of the world's largest quant trading firms and market makers, is planning a sharp increase in Hong Kong office space, two people familiar with the

Blocking 7-Eleven deal on security grounds would hurt Japan's image, head of state-backed fund says

Japan risks reputational damage if it were to block a $47 billion foreign bid for retailer Seven & i Holdings on economic security

Trump's Russian oil tariff threat doesn't faze traders who suspect it's a bluff

U.S.

Flight turns around after passenger tries to force plane door open over Indian Ocean

Flight turns around after passenger tries to force plane door open over Indian Ocean

Japan business mood slumps to 1-year low on Trump tariff uncertainty

Big Japanese manufacturers' business sentiment worsened to a one-year low in the three months to March, a central bank survey showed on Tuesday, a sign escalating

China launches military drills from ‘multiple directions’ around Taiwan, testing US resolve

China launches military drills from ‘multiple directions’ around Taiwan, testing US resolve

Shares of CK Hutchison climb 1% amid China criticism of Panama ports deal

Shares of Hong Kong conglomerate CK Hutchison climbed 1% on Tuesday ahead of a deal to sell its Panama ports to a BlackRock-led group that is due to be signed by April 2.

LG Energy Solution unit to pay $2 billion for Michigan battery venture with GM

South Korea's LG Energy Solution said on Tuesday that its U.S. unit will acquire the assets held by its Michigan electric vehicle battery venture with General Motors for $2 billion.

Samsung Elec appoints mobile chief as interim head of consumer and smartphone division

Samsung Electronics appointed its mobile chief Roh Tae-moon as acting head of its consumer and smartphone business on Tuesday, following the death of

South Korea’s Constitutional Court will rule Friday on Yoon's impeachment

South Korea’s Constitutional Court will rule Friday on whether to dismiss impeached President Yoon Suk Yeol

South Korea watchdog questions purpose of Hanwha Aerospace's $2.5 billion share issue

South Korea's financial market watchdog said on Tuesday that Hanwha Aerospace needed to better explain how a proposed 3.6 trillion won ($2.46 billion) equity raising fits with a

Taiwan coast guard warns of China using 'pretext' to launch war games this year

China could find a "pretext" to stage new war games around Taiwan this year, coinciding with sensitive dates such as the anniversary in May of a year

China, Japan, South Korea will jointly respond to US tariffs, Chinese state media says

China, Japan and South Korea agreed to jointly respond to U.S. tariffs, a social media account affiliated with Chinese state media said on Monday, an assertion Seoul called "

TSMC affirms commitment to Taiwan with new domestic fab amid overseas expansion

TSMC said on Monday that its newly built domestic fab would add 7,000 tech jobs to the island's economy and that it will continue to expand in Taiwan

Japan to make strong push for exemption from US auto tariffs

Japan will keep up a strong push for the United States to exempt it from auto tariffs, Prime Minister Shigeru Ishiba said on Tuesday, while vowing to take the

All leaders due to attend BIMSTEC summit, Myanmar junta chief unclear, Thailand says

All leaders of member countries of the BIMSTEC grouping are still scheduled to join this week's summit in Bangkok, although the attendance of Myanmar's junta leader remains unclear

Huge fire at Petronas gas pipeline in Malaysia injures 33

A fire at a gas pipeline operated by Malaysia state energy firm Petronas injured 33 people on Tuesday on the outskirts of the capital Kuala Lumpur, authorities said.

Families await news of missing workers at site of Bangkok building collapse

When a 7.7 earthquake in Myanmar sent shockwaves into Thailand, Naruemon Thonglek and Chanpen Kaewnoi didn’t immediately hear it also had collapsed a high-rise building under construction in Bangkok, where their friends and families had been working

Japan's Ishiba says he will push for US auto tariffs exemption

Japan’s Prime Minister Shigeru Ishiba says his government is making last ditch efforts to get U.S. President Donald Trump to exclude his country from an increase in auto tariffs due to take effect this week

BOJ's top economist appointed as executive director overseeing policy

The Bank of Japan's top economist, Koji Nakamura, was named new executive director overseeing monetary policy and financial markets on Tuesday, the central bank said

Who is giving aid to Myanmar after the earthquake?

Rescue workers, sniffer dogs, paramedics and millions of dollars in aid have begun arriving in Myanmar after a massive earthquake ravaged much of the war-torn country.

South Korea exports rise but tariff risks dim outlook; steel drops

South Korea's March exports grew for a second month but missed market expectations, suggesting a softening outlook as a global trade war triggered by U.S

Son says goodbye to mother trapped in Myanmar rubble in emotional farewell video

As rescue workers face the daunting challenge of getting access to the areas impacted by Myanmar’s massive 7.7-magnitude earthquake, emotional farewells and rescue efforts shared on social media are shedding light on the quake’s devastating aftermath.

New US tariffs on Chinese goods harm global markets, Chinese foreign minister says

The U.S. increase in duties on goods from China is unfounded, is damaging global markets and is damaging Washington's reputation, Chinese Foreign Minister Wang Yi said in remarks published

China's factory activity speeds up on export boost, Caixin PMI shows

China's factory activity expanded at its fastest pace in four months in March, buoyed by stronger demand and robust export orders, a private-sector survey showed on Tuesday,

Japan's Tokyo Gas expands in US shale gas with Chevron deal

TG Natural Resources LLC (TGNR), co-owned by Tokyo Gas and Castleton Commodities International, has bought a 70% stake in east Texas gas assets from Chevron for $525 million, the

S.Korea factory activity shrinks as output falls, but export orders jump, PMI shows

South Korea's factory activity shrank for a second straight month in March as output fell on weak domestic demand even as export orders jumped at the fastest pace in 14 months, a

Japan's factory activity declines pick up, PMI shows

Japan's factory activity declines accelerated in March as demand weakened and the escalating U.S. trade war clouded the manufacturing outlook, a private-sector survey showed on

'Friends forever, never enemies', Chinese foreign minister tells Russia

China and Russia are "friends forever, never enemies," Chinese's Foreign Minister Wang Yi said in remarks published on Tuesday during a visit to Moscow in which he also

Dude, where's my car? Toyota buyers face long waits amid hybrid boom

Soaring demand for Toyota's gasoline-electric hybrids has left suppliers struggling to keep pace, leading to shortages of parts and

Miner Freeport-McMoRan lowers first-quarter gold sales forecast

Miner Freeport-McMoRan lowered its forecast for first-quarter gold sales on Monday, after shipment timing issues in Indonesia led to a deferral of a portion of its quarterly production to

Japan Feb jobless rate falls to 2.4%, job availability shrinks

Japan's jobless rate in February fell to 2.4% from 2.5% in January, government data showed on Tuesday. Economists' median forecast was for 2.5%.

South Korean actor Kim Soo-hyun denies underage dating accusation

South Korean actor Kim Soo-hyun on Monday denied allegations that he dated the actress Kim Sae-ron when she was underage, breaking down in tears as he said he could not "admit what

US restricts Chinese officials' visas over access to Tibetan areas

U.S.

US aid response in Myanmar faces hurdles after staff cuts

The U.S. State Department on Monday said that a U.S.

Wall Street swings again as the approach of Trump's 'Liberation Day' wallops stock markets worldwide

President Donald Trump’s fast-approaching “Liberation Day” sent stock markets swinging sharply worldwide

Dollar rises against yen, steadies ahead of US tariff announcement

The dollar strengthened against the Japanese yen and the euro on Monday, but was set for its largest quarterly decline since July 2024, as uncertainty around U.S.

Stocks drop, gold hits record as tariffs stoke recession worries

Global equity markets fell and safe-haven gold hit a fresh record high on Monday after U.S.

GlobalFoundries and Taiwanese chipmaker UMC mull potential merger, sources say

Taiwan's major chipmaker United Microelectronics and U.S.-based GlobalFoundries are looking into the possibility of a merger, two sources familiar with the matter told

BOJ to cut buying of super-long bonds for first time in taper plan

The Bank of Japan said on Monday it will reduce purchases of super-long bonds for the first time since embarking on a quantitative tightening (QT) plan last year,

After an earthquake, how long can trapped victims survive?

For those trapped in rubble after an earthquake, survival depends on many factors, including weather and access to water and air

AI and satellites help aid workers respond to Myanmar earthquake damage

Just after sunrise on Saturday, a satellite set its long-range camera on the city of Mandalay in Myanmar, not far from the epicenter of Friday’s 7.7 magnitude earthquake that devastated the Southeast Asian country’s second-largest city

Oil prices climb 2% to five-week high on Russia, Iran supply worries

Oil prices climbed about 2% to a five-week high on Monday on worries supplies could decline if U.S.

Signs of life detected in quake-struck Bangkok skyscraper; death toll tops 2,000

Signs of life were detected in the ruins of a skyscraper in Bangkok on Monday as efforts intensified to find people trapped three days after a massive earthquake in Southeast Asia

Thai household debt-to-GDP ratio drops to 88.4 at end-Q4

The ratio of household debt to gross domestic product in Thailand dropped slightly to 88.4% at the end of the final quarter of 2024 from a revised 88.9% at the end of the third

Thai watchdog had flagged concerns over building that collapsed in earthquake

An anti-corruption watchdog had flagged to authorities irregularities it found in the construction of a Bangkok skyscraper before it collapsed in an earthquake

Tesla offers 3-year interest-free loans for refreshed Model Y in China

Tesla said on Monday the company will offer three-year interest-free loans for the refreshed Model Y before April 30 in China, a notice on its social media account showed.

Tariff-hit firms may need business turnaround financing, Japan’s bank lobby chair says

Japanese banks may need to offer business turnaround support to companies hit by tariffs imposed by the administration of U.S.

Japan estimates feared megaquake could cause $1.8 trln in damage, kill 300,000 people

Japan's economy could lose as much as $1.81 trillion in the event of a long-anticipated megaquake off its Pacific coast, which could trigger devastating tsunamis, the collapse of

Commodity traders Gunvor, Vitol queue to stock up on Russian aluminium from LME storage, sources say

Major commodity traders Gunvor and Vitol are waiting to withdraw large volumes of Russian-produced aluminium from London Metal Exchange-approved warehouses in the

China central bank injects 800 billion yuan via outright repos in March

China's central bank has injected 800 billion yuan ($110.32 billion) into its banking system during March through an outright reverse repurchase tool, the bank said on Monday.

Renault to buy Nissan's stake in India manufacturing unit, taking full ownership

Renault Group said on Monday it would acquire the remaining 51% shareholding in Renault Nissan Automotive India Private Ltd, currently held by Nissan Motor Corp, taking complete ownership

Softer demand outlook to weigh on oil, OPEC+ walks a tightrope: Reuters poll

Oil prices are set to remain under pressure in 2025 as U.S. tariffs and slowing economic growth in India and China weigh on demand, while OPEC+

Renault, Nissan further loosen ties to support Japanese firm's turnaround

Automakers Renault and Nissan said on Monday they had agreed to further amend their two-decade-old partnership to allow for a reduction in their cross-

Chinese brain chip project speeds up human trials after first success

A tie-up between a Chinese research institute and tech company said on Monday that it aims to implant its brain chip into 13 people by the end of this year, in a

Japan's parliament passes budget day before new fiscal year starts

Japan's parliament passed the budget for fiscal 2025 on Monday, the day before the new financial year starts, after Prime Minister Shigeru Ishiba's minority

Thailand's economic activity slows in February, central bank to assess quake impact

Thailand's economic activity eased in February due to slowing activity in manufacturing and services, according to the central bank, which said it was monitoring any impact on the

Shipments of foreign-branded phones in China up 9.2% y/y in February, says CAICT-Reuters

Shipments of foreign-branded smartphones, including Apple Inc's iPhone, in China rose 9.2% in February year-on-year, according to Reuters calculations

Airbus getting better at managing supply chain disruptions, senior executive says

Disruptions to the supply chain that are delaying aircraft deliveries are lessening and Airbus is getting much better at managing it, a senior company

China bank shares rise after $72 billion recapitalisation plan

Shares in China's big state-owned banks rose on Monday after the lenders unveiled around a $72 billion recapitalisation plan to boost their core capital.

Japan Q2 aluminium drops to $182/T on weak demand -sources

The premium for aluminium shipments to Japanese buyers for April to June was set at $182 a metric ton, down 20% from the current quarter, as demand remained dull at

UK's Starmer calls for coordinated fight against people smugglers

British Prime Minister Keir Starmer called on Monday for nations to pool resources to tackle the problem of illegal migration at "every step" of the route, from North Africa and the

After Duterte's arrest, Philippine drug war victims face abuse and online falsehoods

The bloodied body of Sheerah Escudero's 18-year-old brother was found in 2017 with hands bound and head wrapped in packaging tape, a suspected

For China and US Inc, Trump's trade war feels much worse this time

Orders have evaporated for Richard Chen, who manufactures Christmas decorations in southern China for U.S. retailers, including Walmart and Costco,

Taiwan president briefed ahead of possible US tariffs

Taiwan President Lai Ching-te met senior officials on Sunday night to discuss the possible impact of U.S. tariffs and receive an update on contingency plans, his office said on

Risk assets trampled as Trump touts tariffs for all

A look at the day ahead in European and global markets from Wayne Cole It's been a rocky start to the week in Asia as a rush from risk left stocks down across the board, while bonds extended their

Lessor BOC Aviation to buy 120 Airbus, Boeing jets to grow fleet

One of the world's largest aircraft leasing companies, BOC Aviation, will purchase 120 single-aisle planes from Airbus and Boeing, it said on Monday, as it seeks to grow its fleet to 1,000

Malaysian cannon firing tradition heralds start of Eid al-Fitr

As Malaysian Muslims began celebrating Eid al-Fitr after a month of fasting, the sound of cannons echoed through the rice fields

China's Zhipu AI launches free AI agent, intensifying domestic tech race

Chinese artificial intelligence startup Zhipu AI unveiled a free AI agent on Monday, joining a wave of similar launches in China's increasingly competitive AI market.

Pro-Beijing media ramp up attack on CK Hutchison ports deal

A pro-Beijing Hong Kong newspaper stepped up criticism of CK Hutchison's deal to sell its Panama ports to a BlackRock-led group, sending its shares lower on Monday, as sources

Airlines that have updated their lithium battery policies

Several airlines have updated their guidance on carrying lithium batteries onboard.

Thailand still expects 38 million foreign tourists this year despite quake, minister says

Thailand's tourism ministry is maintaining its forecast for foreign tourist arrivals at 38 million this year despite the powerful earthquake, the minister said on Monday.

Hong Kong February retail sales drop 13%, challenges seen ahead

Hong Kong's retail sales by value fell by 13% in February from a year earlier, the 12th consecutive month of declines, government data showed on Monday.

Popular Japanese beef bowl chain shuts after rat, bug found in food

Popular Japanese beef bowl chain shuts after rat, bug found in food

Man caring for ancestors’ grave may have ignited huge South Korea wildfire, police say

Man caring for ancestors’ grave may have ignited huge South Korea wildfire, police say

What to know about Myanmar's civil war, which is complicating earthquake relief efforts

The Southeast Asian nation of Myanmar has been plagued by wars and natural disasters since it became independent from Britain in 1948, when it was still called Burma

Pakistan plans to expel 3 million Afghans from the country this year

Pakistan says it plans to expel 3 million Afghans this year

Declining Eid travel and spending in Indonesia and discrimination in India dampen holiday spirit

The usual festive mood of Eid al-Fitr holiday to mark the end of the Islamic holy month of Ramadan has been subdued in Indonesia this year as people grapple with soaring prices for food, clothing and essential goods

Japan finance minister says he will closely communicate with US on forex

Japan Finance Minister Katsunobu Kato said on Monday that he would communicate closely with U.S.

Japan factory output up, but soft outlook and cooling retail sales pressure economy

Japan's factory output rose at a better than expected pace last month, but cooling retail sales growth and a slowdown in production expected by manufacturers in

China's manufacturing hits 12-month high, driven by strong orders

China's manufacturing activity expanded at the fastest pace in a year in March, a factory survey showed on Monday, with new orders boosting production,

Hong Kong's CK Hutchison says no decision made on telco spin off

The board of Hong Kong conglomerate CK Hutchison said on Monday it has not made any decision on its global telecommunications business, in response to media reports about a

Bangladesh's main opposition warns of instability if elections delayed beyond December

By Krishna N.

China's CNOOC discovers 100 million-ton oilfield in South China Sea, Xinhua says

The China National Offshore Oil Corporation (CNOOC) has discovered an oilfield in the South China Sea with proven reserves exceeding 100 million tonnes, Xinhua news agency reported

A 7.0 earthquake causes slight damage in Tonga and brief tsunami evacuations

A 7.0 magnitude earthquake has caused slight damage in Tonga and brief evacuations before the threat of a tsunami passed

South Korea February factory output rises faster than expected

South Korea's factory output rose in February, government data showed on Monday, beating market expectations.

Officials survey damage in Myanmar's earthquake-devastated central areas

Friday's deadly earthquake rattled most of Myanmar and Thailand but certain areas sustained the heaviest damage, including flattened buildings and many lost lives

Markets brace for cut to BOJ's super-long bond buying

The Bank of Japan could take another key step toward diminishing its huge presence in the bond market next week, when it releases its bond-buying

Myanmar quake death toll hits 1,700 as aid scramble intensifies

The toll from Myanmar's earthquake continued to rise on Sunday, as foreign rescue teams and aid rushed into the impoverished country, where hospitals were overwhelmed and some

Smell of death permeates Myanmar cities after quake kills over 1,600 and leaves countless buried

The smell of decaying bodies permeated the streets of Myanmar’s second-largest city on Sunday as people worked frantically by hand to clear rubble in the hope of finding someone still alive, two days after a massive earthquake struck that killed more than 1,600 people and left countless others buried

In disaster-stricken Myanmar, a desperate bid to rescue survivors with bare hands

In the hours after a massive earthquake flattened buildings in Myanmar's Mandalay on Friday, survivors scrambled through the debris

Myanmar quake death toll rises to 1,644 as resistance movement announces partial ceasefire

A unilateral partial ceasefire to facilitate earthquake relief efforts has been announced by Myanmar’s shadow National Unity Government

Pentagon's Hegseth says US command in 'warrior' Japan being upgraded to deter China

U.S.

Tuberculosis is the world’s top infectious killer. Aid groups say Trump’s funding freezes will cause more deaths

Tuberculosis is the world’s top infectious killer. Aid groups say Trump’s funding freezes will cause more deaths

Myanmar faces humanitarian crisis after quake, IFRC says

Myanmar faces a humanitarian crisis following the 7.7-magnitude quake that has killed more than 1,600 people, and the country's aid needs are increasing by the

Medical supplies in great need as international assistance flows into Myanmar after earthquake

Emergency aid has streamed into Southeast Asia in the two days since a massive earthquake struck Myanmar and Thailand

India court rejects JSW Steel, Trafigura request to clear certain met coke imports

An Indian court has declined requests from JSW Steel and Trafigura to allow certain shipments of a steelmaking raw material, a court order showed, the latest

South Korea, China, Japan agree to promote regional trade as Trump tariffs loom

South Korea, China and Japan held their first economic dialogue in five years on Sunday, seeking to facilitate regional trade as the three Asian export powers brace from U.S.

Voices are starting to emerge from quake-devastated Myanmar. Here’s what we are hearing

Voices are starting to emerge from quake-devastated Myanmar. Here’s what we are hearing

Massive quake rocks Myanmar and Thailand. Hundreds feared dead

A powerful earthquake has rocked Myanmar and caused extensive damage across a wide swath of one of the world’s poorest countries

The Latest: Major earthquakes strike Myanmar and Thailand

A 7.7 magnitude earthquake and an aftershock measuring 6.4 rocked Myanmar and neighboring Thailand on Friday, bringing down buildings and disrupting power supplies and transport services

Brazil meatpacker JBS to spend $100 million to build 2 factories in Vietnam

Brazilian meatpacker JBS announced on Saturday that it will invest US$100 million to build two factories in Vietnam, aiming to expand its presence in Southeast Asia

Humanitarian operation in Myanmar hindered by damaged roads and infrastructure, says UN agency

Humanitarian operations in Myanmar have been hindered by damaged roads and infrastructure, the UN Office for the Coordination of Humanitarian Affairs (OCHA)

The Latest: Countries sending humanitarian aid after Myanmar earthquake

The death toll from Myanmar’s powerful 7.7 magnitude earthquake keeps climbing amid rescue efforts

Brazil's Lula touts possible deals with Vietnam as he wraps state visit

By Patricia Vilas Boas Brazil's President Luiz Inacio Lula da Silva said on Saturday that Vietnam may buy as many as 50 planes from Embraer, the Brazilian planemaker, and that another Brazilian

Myanmar quake death toll passes 1,600, as junta lets in foreign rescuers

Myanmar's military rulers let in hundreds of foreign rescue personnel on Saturday after an earthquake killed more than 1,600 people, the deadliest natural disaster to hit the

Myanmar quake struck mosques as minority Muslims gathered for Ramadan prayers

When Friday's powerful earthquake struck central Myanmar, Htet Min Oo was performing ritual ablutions before Ramadan prayers at a mosque next to his house in

India and US making progress towards trade deal, officials say

Indian and U.S. officials discussed trade issues including the reduction of tariffs and easing of non-tariff barriers, making progress towards a bilateral trade

Unanswered phones and a desperate wait outside the shattered Bangkok high-rise toppled by Myanmar quake

Unanswered phones and a desperate wait outside the shattered Bangkok high-rise toppled by Myanmar quake

Korean commission finds adoption program rife with abuse, highlighting AP investigation

A South Korean commission found the country violated its children’s human rights by facilitating a foreign adoption program rife with fraud and abuse

South Korea, China industry ministers agree to cooperate in evolving global environment, Seoul says

The industry ministers of South Korea and China met on Saturday to discuss the evolving global trade environment and agreed to cooperate bilaterally as well as on multinational trade

China state media blasts CK Hutchison's Panama port deal in soon-deleted post

Chinese state media attacked Hong Kong conglomerate CK Hutchison's plan to sell its ports near the Panama Canal to a BlackRock-led group in a social

In 'Little Myanmars' in Taiwan and Singapore, many fear for quake affected relatives

Win Win has been glued to social media for the past day, trying to work out whether her family in Myanmar's Mandalay survived Friday's

KKR and state-backed JIC join forces to take Japan's Topcon private for $2.31 billion

U.S.-based private equity firm KKR and a unit of Japanese state-backed fund Japan Investment Corp (JIC) will acquire medical gear maker Topcon in a

What to know about earthquakes like the one that hit Myanmar

A major 7.7 magnitude earthquake that originated near Mandalay, Myanmar shook the Earth as far as Bangkok

In tense relations with India, Pakistani TV dramas break down barriers that diplomacy often cannot

Tens of millions of Pakistanis tune into homegrown soap operas every night, but they are also a hit in India

Myanmar at a glance: Embroiled in civil war, now facing more devastation after powerful earthquake

Even before a powerful 7.7-magnitude quake hit Myanmar, more than 3 million people in the country faced displacement

Nepal investigates deadly violence in pro-monarchy rally

Nepal's government is investigating deadly violence that occurred during a rally by the supporters of the former king seeking the restoration of constitutional

Radio Free Asia says it will fully shut down by end of April without court intervention

Radio Free Asia said on Friday it would shut down by the end of April if the courts did not prevent the Trump administration from cutting its funding.

China conducts military patrol in South China Sea, warns Philippines

China's military said it had conducted a patrol in the South China Sea on Friday, the day U.S.

Afghan pilots who fought in 20-year war against Taliban in limbo after Trump blocks US resettlement plans

Afghan pilots who fought in 20-year war against Taliban in limbo after Trump blocks US resettlement plans

Myanmar’s military junta makes rare plea for help after powerful earthquake kills scores with toll expected to rise

Myanmar’s military junta makes rare plea for help after powerful earthquake kills scores with toll expected to rise

Two dead as Nepal police use tear gas, sticks to break up pro-monarchy rally

Nepali riot police lobbed tear gas, fired water cannon and used rattan sticks on Friday to break up a protest rally demanding the restoration of constitutional

After quake, Thailand's capital grinds to a halt amid fear and chaos

Bangkok ground to a halt on Friday after a strong earthquake shook the clogged Thai capital, causing chaos and triggering city-wide evacuations that left

Kia to produce hybrid cars at Hyundai's Georgia factory from next year

South Korea's Kia Corp plans to produce hybrid vehicles at its affiliate Hyundai Motor's new U.S. factory starting in mid-2026 as it seeks to meet growing demand,

Stocks lose ground amid inflation concerns, trade war worries

Safe-haven gold hit a fresh record high on Friday as an index of global shares fell, weighed down by worries over a looming trade war sparked

Trump says the US will help in Asia quake. A former official says the system is now in 'shambles'

President Donald Trump says U.S. officials are “going to be helping” with the response to Southeast Asia’s deadly earthquake

Wall Street tumbles, and S&P 500 drops 2% on worries about slower economy and higher inflation

Another wipeout slammed Wall Street as worries built about a potentially toxic mix of worsening inflation and a U.S. economy slowing because of households afraid to spend due to the global trade war

Growing demand for patchouli oil is driving the industry in Indonesia, but at what cost?

Demand for the patchouli plant’s oils has skyrocketed in recent years, and so too has the number of farmers in the region who now grow and process it

Initial reports from earthquake indicate significant damage in central Myanmar, UN official says

Initial reports on the impact of a 7.7 magnitude earthquake in Myanmar on Friday indicate significant damage in the centre of the country, an official from the United Nations Office on

China's BYD signs car parts distribution agreement in Italy

Chinese electric automaker BYD said on Friday it signed a car parts distribution deal with Italian company Intergea, as part of its strategy to boost its presence in a key European market.

Wildfires and aging society make for deadly mix in South Korea

A combination of an aging society and a reliance on temporary workers meant older people were disproportionately on the frontlines tackling South Korea's devastating

India's infrastructure output growth slows to five-month low in February

India's infrastructure output grew 2.9% on-year in February, its slowest pace in five months as the decline in oil and natural gas production accelerated sharply, government data

China absorbs massive Brazilian soy shipments in first quarter

Brazilian soybean traders are poised to ship record volumes in the first quarter, driven by strong demand from the world's largest importer, China,

South Korean village mourns leader and family killed trying to flee wildfires

As the flames of a raging wildfire swept towards the town of Samui-ri in South Korea's mountainous southeast this week, a

CK Hutchison mulls global telecom assets spin-off, eyes London listing, sources say

Hong Kong conglomerate CK Hutchison Holdings Ltd has started preparations to spin off its global telecommunication assets and list the

French foreign minister says China is to delay conclusion of Cognac investigation

The Chinese investigation which led to hefty preliminary import tariffs on French-made cognac and armagnac will conclude later than initially planned,

China will resolutely respond to US reciprocal tariffs, state media says

China will take resolute countermeasures if the United States harm the country's interests with its upcoming reciprocal tariffs, a social media account affiliated with Chinese state

Four policemen, two militants killed in gun battle in India's Kashmir

At least four police personnel and two militants were killed in a gun battle in India's restive territory of Jammu and Kashmir, an official said on Friday, as

Myanmar shadow government says 12 killed in quake, urgent international help needed

A 7.7 magnitude earthquake in Myanmar has killed at least 12 people and urgent international assistance is needed, the war-torn country's shadow foreign minister told Reuters on Friday.

Myanmar quake damaged buildings and infrastructure, causes concern over dams, Red Cross says

The powerful earthquake that hit Myanmar on Friday damaged buildings and public infrastructure and there are concerns for the state of large dams, the Red

The science behind the powerful earthquake in Myanmar and Thailand

A powerful earthquake of magnitude 7.7 centred in the Sagaing region near the Myanmar city of Mandalay caused extensive damage in that country and also shook

Alaska governor to brief Trump on Asia gas push as tariffs bite

Alaska's governor will brief U.S.

India weighs scrapping import tax on US LNG, boost purchases, sources say

India is considering a proposal to scrap import tax on U.S. liquefied natural gas (LNG) to boost purchases and help cut the trade surplus with

UN mobilizing to help those in need after South Asia quake

The United Nations is mobilizing in Southeast Asia to help those in need, U.N.

Tin prices jump after earthquake hits Myanmar

Tin prices hit two-week highs in London on Friday as speculators bet that an earthquake that rocked major producer Myanmar could delay a restart of production in

Supporters and detractors of Philippines' Duterte rally on his 80th birthday

Tens of thousands of supporters of arrested former President Rodrigo Duterte flooded the streets of Davao City on his 80th birthday on Friday,

Dollar slips on growth fears before next tariff announcement

The dollar weakened on Friday on growth concerns ahead of a planned announcement next week by U.S.

US says it is 'not surprised' that China would be upset at Panama ports deal

The U.S. State Department said on Friday it was "not surprised" that China would be upset by Hong Kong conglomerate CK Hutchison's (0001

Oil slips on recession fears but posts 3rd weekly gain

Oil prices fell on Friday on worries that U.S. tariff wars could spark a global recession, but gained for a third consecutive week after Washington ratcheted up

Powerful earthquake kills more than 140 in Myanmar, death toll likely to rise

A powerful earthquake killed more than 140 people in Myanmar on Friday, authorities said, toppling buildings and wrecking infrastructure across a wide area, including a skyscraper

CK Hutchison will not sign deal to sell strategic Panama ports next week, sources say

Hong Kong's CK Hutchison will not sign a deal next week to sell its two port operations near the Panama Canal to a BlackRock-led group,

Which global business leaders met with Chinese President Xi Jinping?

The bosses of some of the world's biggest companies met with Chinese President Xi Jinping in Beijing on Friday.

Hegseth reaffirms ironclad US commitment to Philippines to enhance threat deterrence

U.S.

China's Xi urges global CEOs to protect trade as Trump tariffs loom

China's President Xi Jinping urged a gathering of multinational CEOs on Friday to protect global industry and supply chains, as Beijing seeks to assuage

Myanmar rebels disrupt China rare earth trade, sparking regional scramble

When armed rebels seized northern Myanmar's rare-earths mining belt in October, they dealt a blow to the country's embattled

Bangladesh says Xi Jinping would consider lowering interest on Chinese loans

Chinese President Xi Jinping has told Bangladesh’s interim leader Muhammad Yunus that Beijing would consider requests to lower interest rates on Chinese loans to Dhaka,

Myanmar junta chief to join BIMSTEC leaders' summit in rare trip abroad

Myanmar's junta chief Min Aung Hlaing will join a regional leaders' summit in Thailand next week where he is seeking high-level bilateral

US, Japan, Philippines stage navy drills in disputed South China Sea as a Chinese ship keeps watch

The United States, Japan and the Philippines have staged joint naval drills to boost crisis readiness off a disputed South China Sea shoal as a Chinese military ship kept watch from a distance

‘White Lotus’ villain Jon Gries reveals the true crimes that inspired his twisty take on Greg/Gary

‘White Lotus’ villain Jon Gries reveals the true crimes that inspired his twisty take on Greg/Gary

France says it is making progress toward resolving cognac imports dispute with China

France’s foreign affairs minister says France and China are making progress toward resolving a trade dispute over cognac imports

'That was intense': New Hampshire woman survives powerful, deadly Thailand earthquake

'That was intense': New Hampshire woman survives powerful, deadly Thailand earthquake

How to see a partial solar eclipse turn the sun into a crescent

How to see a partial solar eclipse turn the sun into a crescent

Satellite images show fresh Chinese bomber deployment in South China Sea

China deployed two long-range H-6 bombers around the Scarborough Shoal this week, in Beijing's latest move to assert sovereignty over the hotly disputed atoll in

China's H3C warns of Nvidia AI chip shortage amid surging demand

One of China’s largest server makers, H3C, has flagged potential shortages of Nvidia's H20 chip, the most advanced AI processor legally available domestically under U.S. export

Hegseth tells Philippines the Trump administration will ramp up deterrence against China threat

U.S. Defense Secretary Pete Hegseth says the Trump administration will work with allies to ramp up deterrence against threats across the world, including China’s aggression in the South China Sea

India among top suppliers of illicit fentanyl precursors, US intelligence report says

India among top suppliers of illicit fentanyl precursors, US intelligence report says

China’s Xi Jinping goes on charm offensive days before Trump unveils fresh tariffs

China’s Xi Jinping goes on charm offensive days before Trump unveils fresh tariffs

US defense chief Hegseth vows to counter ‘China’s aggression’ on first Asia visit

US defense chief Hegseth vows to counter ‘China’s aggression’ on first Asia visit

No Wi-Fi, no electricity: Every year, one of the world’s most popular islands falls silent for 24 hours

No Wi-Fi, no electricity: Every year, one of the world’s most popular islands falls silent for 24 hours

South Korea's worst wildfires are now almost contained following rain and cooler weather

Officials say the most destructive wildfires ever to hit South Korea are almost contained

Filipina teenager Alexandra Eala’s dream run at Miami Open ends with narrow defeat to Jessica Pegula

Filipina teenager Alexandra Eala’s dream run at Miami Open ends with narrow defeat to Jessica Pegula

Putin suggests temporary administration for Ukraine, Russian news agencies report

Russian President Vladimir Putin suggested Ukraine could be placed under a form of temporary administration to allow for new elections and the signature of key accords with the aim of

Japan issues guidelines telling public what to do if Mount Fuji erupts

Japan issues guidelines telling public what to do if Mount Fuji erupts

India offers US tariff cuts on farm imports, eyes trade success, government sources say

India has offered tariff cuts on imports of U.S. farm products like almonds and cranberries as a further concession to the United States, two government sources

Indian state firms seek stake in SQM's lithium projects in Australia, sources say

Four Indian state firms are in talks with Chilean miner SQM to acquire a 20% stake in its two lithium projects in Australia for $600 million, four sources said, in

China, France to hold high-level strategic and economic dialogues this year

China and France will hold three high-level dialogues on strategic, economic, financial and cultural issues this year, Foreign Minister Wang Yi said after

South Korea contains main blazes in week-old wildfires

South Korean authorities have contained the main blazes in the country's largest forest fire on record, a minister said on Friday, as

Tariff carnage rumbles on

A look at the day ahead in European and global markets from Ankur Banerjee The 25% U.S. tariff announced for auto imports is raising a ruckus across the globe, from Tokyo and Seoul to Wolfsburg to

Thailand targets reduction in US trade surplus to $20 billion

Thailand is aiming to reduce its trade surplus with the United States to $20 billion by importing more U.S. products, an industry ministry official said on Friday.

Hong Kong derivatives trading surges to record on turbulent markets, hedge fund interest

Big swings in stock markets and hedge fund activity have propelled Hong Kong's derivative trading to unprecedented highs.

Putin says rivalries are increasing in the Arctic, but economic cooperation is possible

Geopolitical rivalries are intensifying in the Arctic but Russia is willing to cooperate with foreign partners, including from the West, in

China's Xi makes strong push for greater foreign investment as economy continues to lag

Chinese President Xi Jinping has urged foreign investors to have faith in China's business prospects in an address to major global business leaders

Toyota's global output rises for second month in February on solid Japan sales

Toyota Motor said on Friday its global production rose for the second consecutive month in February, driven by higher output and stronger sales in Japan after recovering from a

Figure skating-ISU apologises for displaying Taiwan flag at worlds

The International Skating Union (ISU) apologised on Thursday for displaying the flag of Taiwan rather than the Chinese Taipei emblem at the World Figure Skating Championships in

What is Vietnam doing ahead of US tariffs?

U.S.

Brazil, Vietnam discuss plane, beef deals and BRICS summit

Brazil's President Luiz Inacio Lula da Silva said on Friday Vietnam may buy Embraer planes and become a regional hub for Brazilian meat processing

Taiwan dismisses China complaint about collision of navy ship, trawler

Taiwan's defence minister dismissed on Friday China's complaints about a collision between a Taiwan navy ship and a Chinese trawler in the sensitive Taiwan Strait,

Trump Organization eyes multi-billion-dollar projects in Vietnam amid tariff risks

The Trump Organization and its partner in Vietnam are working on multiple investments worth billions of dollars in golf courses, hotels and real estate

After years of survival, China's Huawei returns to revenue peak

China's Huawei is expected to claim triumph over U.S. sanctions at its upcoming annual results, bolstered by its software push, progress in chips and

Myanmar junta chief to join leaders' summit in Thailand, seeks bilateral meetings, sources say

Myanmar's junta chief Min Aung Hlaing will attend a regional leaders' summit in the Thai capital next week and is seeking bilateral meetings on the sidelines, three sources with

Tesla investor sounds alarm over success of rival EV company

Major Tesla investor Ross Gerber tells CNN's Erin Burnett that Chinese EV maker BYD has become a major threat to Tesla's market dominance.

Ninestar says sale of Lexmark worth up to $150 million in equity value

China-based Ninestar Corp plans to sell printer and printing software maker Lexmark International II to Xerox in a deal with an equity value of up to $150 million.

BOJ board at loggerheads over inflation, US tariff risks, March summary shows

Bank of Japan policymakers were at loggerheads this month over how soon they should raise interest rates again as some focused on domestic inflationary pressure and

South Korea exports to rise for second month on chip boost; tariff risks loom: Reuters poll

South Korea's exports likely rose in March for a second straight month on a growth in chip sales, a Reuters poll found on Friday, but economists warned of weakening

RBI to cut rates again on April 9, then just once more in August

The Reserve Bank of India will cut interest rates at a second straight meeting on April 9, with just one more cut expected in August, which

Core inflation in Japan's capital accelerates, stays above BOJ target

Core consumer inflation in Japan's capital stayed above the central bank's target and accelerated in March on steady gains in food costs, data showed

Hong Kong painter draws inspiration from city's recent history in works at Art Basel

At Hong Kong’s Art Basel, painter Chow Chun-fai’s new works transport viewers back to the night in 1997 when the former British colony returned to Chinese rule, displayed in the very exhibition center where one era ended and another began

SiCarrier says its tools can help China make advanced chips

China can use domestically developed tools to make advanced semiconductors, countering U.S. curbs on Beijing's access to high-end chipmaking technology,

Trump auto tariffs take aim at a pillar of Asian economies - and national pride

For Japan and South Korea, tariffs announced by U.S.

Radio Free Europe says Trump administration rescinded its grant termination order

U.S. government-funded Radio Free Europe/Radio Liberty said on Thursday that its parent agency had rescinded an order terminating its grant funding, after the

US beef sales to China skid after Beijing lets export registrations lapse

U.S. beef sales to China have taken a dive, U.S. government data showed on Thursday, after Beijing allowed the expiration of registrations that had permitted

Dollar mixed, Mexican peso and Canadian dollar drop on auto tariffs

The dollar was mixed on Thursday as traders mulled how severe tariffs scheduled to be revealed by U.S.

Stocks down, gold hits record after Trump's latest tariff volley

Global stocks fell for a second straight session and gold hit a record high on Thursday after the latest tariffs from U.S.

Stock market today: Wall Street slips following Trump's latest tariffs, despite solid economic data

Wall Street edged lower after getting pulled in opposite directions as President Donald Trump’s latest tariff escalation creates winners and losers among auto stocks

China accelerates government bond issuance in Q1 to highest on record

China stepped up fiscal support and accelerated the pace of government bond issuance to the highest on record in the first quarter of this year, according to Reuters calculations

Oil approaches one-month highs as investors assess supply, trade war risks

Oil prices edged higher on Thursday as traders assessed a tightening of crude supplies along with new U.S. tariffs and their expected effect on

Car-carrying ships send added cargo to US ahead of looming tariffs

Car-carrying ships have sent more cargo from Europe and China, Japan and Korea to the United States in the first months of the year than last year, shipping

Hear these women speak about an invisible job taking most of their time

For International Women’s Day, CNN As Equals interviewed women from Tokyo to London to hear about their challenges as unpaid care givers. This story is part of As Equals, CNN's ongoing series on gender inequality. For information about how the series is funded and more, check out our FAQs.

Trade talks with US 'progressing well', says India's trade minister

Trade talks with the United States are "progressing well", Indian Trade Minister Piyush Goyal said on Thursday, with days to go before President Donald Trump's proposed

UN slightly reduces rations for Rohingya refugees in Bangladesh

The United Nations World Food Programme has managed to sustain food assistance for Rohingya refugees in Bangladesh, though rations have been slightly reduced due to

China’s economy tsar invites EU trade chief to jointly resist tariff threats

China is willing to work with the European Union to resist protectionism, the country's economy tsar told the bloc's trade chief, in an

Bizarre creature preserved in 99 million-year-old amber was ‘beyond imagination,’ scientists say

Bizarre creature preserved in 99 million-year-old amber was ‘beyond imagination,’ scientists say

US to give $73 million to aid Rohingya refugees, State Dept. says

The Trump administration said on Thursday it will provide $73 million in new financial aid to Rohingya refugees through the U.N.

Centuries-old Buddhist temple destroyed in ‘unprecedented’ and deadly South Korea wildfires

Centuries-old Buddhist temple destroyed in ‘unprecedented’ and deadly South Korea wildfires

North Korea sent 3,000 more troops to Russia, according to South's assessment

South Korea’s military says North Korea sent around 3,000 additional troops to Russia in January and February in continued support for Russian President Vladimir Putin’s war on Ukraine

China's Geely to consolidate in-house digital cockpit system R&D teams, source says

China's Geely Group is merging three existing units employing nearly 2,000 engineers to develop digital cockpit systems into a single unified team, said a source with direct

Chinese EV maker Nio to raise $450 million for EV development, term sheet shows

Chinese electric vehicle maker Nio plans to raise around HK$3.50 billion ($450.1 million) via a share placement to develop its smart EVs, a term sheet showed on Thursday.

China's central bank says debt level rising, easing on track

China's overall level of debt has topped 300% of GDP and is likely to climb further, but the central bank will continue to ease policy when needed, Xuan Changneng, deputy

Auto stocks slide as US tariffs send 'fatal signal' for trade

Shares of global automakers took a dive on Thursday after President Donald Trump put a wall of tariffs around the U.S.

India seizes products from Amazon, Flipkart warehouses as crackdown intensifies

India's state-run product certification agency said it raided the Delhi warehouses of e-commerce giants Amazon and Flipkart this month, seizing items that did not meet quality

Red Bull announces driver switch just two races into new season, with Yuki Tsunoda replacing Liam Lawson

Red Bull announces driver switch just two races into new season, with Yuki Tsunoda replacing Liam Lawson

It’s the world’s hottest car company. You can’t buy one in America

It’s the world’s hottest car company. You can’t buy one in America

South Koreans mourn historic temple burnt by wildfire, race to save others

Charred, black ruins at South Korea's Gounsa temple stood on Thursday in stark contrast to the kaleidoscope of colours that are a

India's Axis Bank, J.P. Morgan roll out anytime dollar payments for clients

India's Axis Bank has partnered with J.P.

China's Xi to meet with BMW, Mercedes, Qualcomm CEOs, sources say

The global heads of German automakers BMW and Mercedes, as well as chip giant Qualcomm are among foreign business leaders due to meet with Chinese President Xi Jinping this week,

Rohingya refugees in Bangladesh fear aid cuts will deepen crisis

Majuna Khatun sat cradling her six-month-old baby at a rehabilitation centre for Rohingya refugees in Bangladesh, worried her child would

Filipina teenager Alexandra Eala stuns five-time grand slam champion Iga Świątek to reach Miami Open semifinals

Filipina teenager Alexandra Eala stuns five-time grand slam champion Iga Świątek to reach Miami Open semifinals

North Korea has sent 3,000 more soldiers to bolster Russia’s war on Ukraine, South Korea says

North Korea has sent 3,000 more soldiers to bolster Russia’s war on Ukraine, South Korea says

Get ready for a partial solar eclipse across Europe and parts of North America and Africa

The moon will appear to take bites out of the sun during a partial solar eclipse in the Northern Hemisphere

Head of Japan's Unification Church vows to fight loss of legal protections

The head of the Unification Church's Japan branch vowed to fight a court order revoking its legal protections, following a scandal over fundraising

Indonesia seeks to calm investors after stocks, rupiah slide

Indonesian officials will seek to address concerns among investors and other key economic players about an economic downturn in Southeast Asia's biggest economy

Chinese capital outflows to boost Hong Kong markets, central bank chief says

France's foreign minister is in China to discuss Ukraine and trade issues

French Foreign Minister Jean-Noël Barrot has begun a two-day visit to China

Red Bull Formula 1 team drops Liam Lawson and replaces him with Yuki Tsunoda

Red Bull has dropped Liam Lawson as the teammate of Formula 1 champion Max Verstappen just two rounds into the season and replaced him with Yuki Tsunoda

South Korea plans emergency response over US tariffs on autos

South Korea's auto sector is expected to face "considerable difficulties" when U.S. import tariffs on cars announced by President Donald Trump take effect and the government plans an

Russia soon to begin to build road bridge to North Korea

Russia and North Korea will soon begin construction of a road bridge over the Tumen river between the two countries, Russia's ambassador to Pyongyang was quoted as saying by state

Taiwan simulates response to large scale disasters, Chinese threats

Taiwan President Lai Ching-te oversaw on Thursday the first civil defence drills under his newly created social resilience committee

Japan Activation Capital raises $512 million in second fund from domestic investors

Tokyo-based investment firm Japan Activation Capital (JAC) said on Thursday it had closed its second fund at 77 billion yen ($511.93 million),

China vice premier pledges more policy support, says economy started 2025 well

Chinese Vice Premier Ding Xuexiang on Thursday pledged stronger policy support for the world's No.2 economy, which he said had started 2025 well

Foxconn plans EV event in Japan to woo manufacturers, sources say

Foxconn is set to hold a seminar in Japan on April 9 to lay out its strategy on electric vehicles, two sources with direct knowledge

JLR-parent Tata Motors, Tesla's Indian suppliers skid on US auto tariffs plan

India's Tata Motors and the country's auto parts makers that supply Tesla, among others, dropped on Thursday after U.S.

Taiwan plans response to Trump tariffs with energy imports, tariff cuts

Taiwan is considering a variety of responses to potential new tariffs from the United States including increasing energy imports and reducing the

Japan putting 'all options on table' in dealing with US auto tariffs, PM Ishiba says

Japanese Prime Minister Shigeru Ishiba said on Thursday Tokyo will put "all options on the table" in dealing with Washington's announcement to

Thai cabinet approves draft law for casinos, with limits for local gamblers 

Thailand's cabinet on Thursday approved a draft law for casinos and entertainment complexes, as the government looks to attract more

South Korea battles worst ever wildfires as death toll hits 26

Wildfires raging in South Korea doubled in size on Thursday from a day earlier, as authorities called the blazes the country's worst

JSR's incoming CEO signals focus on finances, retreat from sector M&A ambitions

The incoming CEO of Japanese chip materials maker JSR plans to focus on restoring the company's business performance, shifting away from previous

North Korea leader Kim Jong Un touts AI suicide drones, early-warning aircraft

North Korean leader Kim Jong Un supervised the test of suicide drones with artificial intelligence (AI) technology and said unmanned control and AI capability must be the

China's industrial profits fall in January-February as economic risks mount

China's industrial profits slipped in the first two months of 2025, signalling a challenging period ahead for businesses as they navigate persistent deflationary forces and an

China tells state firms to halt deals with Li Ka-shing and his family, Bloomberg News reports

China has instructed state-owned firms to pause new deals with businesses linked to Hong Kong billionaire Li Ka-shing and his family after his plan to sell two ports in Panama to a

SK Hynix says some customers brought forward orders ahead of US tariffs

South Korea's SK Hynix, the world's second-largest memory chipmaker, said on Thursday that some customers have brought forward orders in

India-China issues expected but can be addressed without conflict, says India foreign minister

India and China will have issues in the "foreseeable future" but there are ways to address them without getting into a conflict, India's foreign minister said on

China's vice premier raises 'solemn concerns' over tariffs in talks with US trade chief

China's Vice Premier He Lifeng expressed "solemn concerns" over U.S. tariffs and planned "reciprocal" duties in a video call with U.S. top trade chief Jamieson Greer on Wednesday,

Euro drops to three-week low before auto tariff announcement

The dollar hit a three-week high against the euro and gained on the yen on Wednesday as traders awaited an announcement from U.S.

Stocks tumble, dollar climbs as new tariff announcement eyed

Global stocks dropped for the first time in three sessions on Wednesday and the U.S. dollar resumed its ascent as investors awaited the next tariff

South Korea is in uphill battle to contain massive wildfires as the death toll rises to 26

Multiple wildfires raging across South Korea’s southern regions for days have killed 26 people and destroyed more than 300 structures, as thousands of personnel and dozens of helicopters has mobilized again to battle the the county’s worst-ever blazes

Japan’s natural hot springs are running low. Overtourism is to blame

Japan’s natural hot springs are running low. Overtourism is to blame

Climate change and overfishing threaten Vietnam’s ancient tradition of making fish sauce

Fish sauce is an indelible part of Vietnam's culture and essential for its vibrant cuisine

China's glacier area shrinks by 26% over six decades

China's glacier area has shrunk by 26% since 1960 due to rapid global warming, with 7,000 small glaciers disappearing completely and glacial retreat intensifying in recent years,

South Korea’s truth commission says government responsible for fraud and abuse in foreign adoptions

South Korea’s truth commission has concluded that the government bears responsibility for facilitating a foreign adoption program rife with fraud and abuse, driven by efforts to reduce welfare costs and enabled by private agencies that often manipulated children’s backgrounds and origins

A Venus flytrap wasp? Scientists uncover an ancient insect preserved in amber that snatched its prey

Scientists have discovered an ancient wasp with a body like a Venus flytrap to seize and snatch its prey

How one chef in Vietnam uses fish sauce as the foundation for flavor

The humble fish sauce has been a staple ingredient in Vietnamese kitchens for centuries

Stock market today: Wall Street slumps as Nvidia, Tesla and other Big Tech stocks drop

Drops for Nvidia, Tesla and other former superstars dragged Wall Street lower

Chinese researchers report a pig kidney transplant and a first-step liver experiment

Chinese researchers are reporting new steps in the quest for animal-to-human organ transplants

Investigators unsure if remains from fiery crash belong to missing South Korean family

Investigators unsure if remains from fiery crash belong to missing South Korean family

South Korea prosecutors to appeal against ruling clearing opposition leader, Yonhap says

South Korean prosecutors said on Wednesday they planned to go to the Supreme Court to appeal against a ruling that cleared main opposition leader Lee Jae-myung of election law

Philippine president's allies poised to take key posts in midterms, poll shows

Senate candidates backed by Philippine President Ferdinand Marcos Jr look set to dominate May midterm elections, with a new poll showing them taking three-quarters

Apple says iPhone 16 series to be available in Indonesia from April 11

Apple's iPhone 16 series will be available in Indonesia from April 11, it said on Wednesday, after Jakarta lifted a ban on its sale following the company's more than $300 million

China seen leading in chipmaking investment again in 2025, SEMI group says

China will continue to invest more in new computer chipmaking equipment than any other geographical region in 2025, despite a significant year-over-year decline, industry group

India's Reliance to stop buying Venezuelan oil over US tariffs, sources say

India's Reliance Industries, operator of the world's biggest refining complex, will halt Venezuelan oil imports after the United States announced a 25% tariff on nations buying

Funding shortages may halt global child malnutrition programs, World Food Programme warns

Programmes to help prevent malnourishment in children in Yemen, Afghanistan and Syria could be suspended within months if urgent funding is not found, the U.N.'

South Korea committed rights violations during overseas adoptions, truth commission finds

South Korean adoption agencies sent children abroad like "luggage" for decades, labelling some as orphans when they had parents and sending alternative babies when infants had died

Turkey says Chery Auto's partners to invest $1 billion in plant to make 200,000 cars/year

Turkey said on Wednesday that Chery Automobile's partners will invest $1 billion in a manufacturing facility in the country with an annual capacity to produce 200,000

Taiwan to channel World War Two spirit to bolster response to China's threats

Taiwan will use this year's events to mark the 80th anniversary of the end of World War Two to bolster public sentiment on the need to defend the island from

Lao Airlines to start operating a C909 jet as China's COMAC expands internationally

Government-owned Lao Airlines is set to start operating COMAC's C909 regional jet, a spokesperson for the country's flag carrier said, joining several other

Bank Indonesia says ready to stabilise rupiah, which is near 27-year low

The Indonesian central bank said it is ready to intervene to stabilise the rupiah, which on Wednesday stayed close to its lowest levels since 1998 even as officials said market

South Korea installs platform to monitor Chinese presence in disputed sea

South Korea has set up a "reciprocal" platform in a disputed area of the Yellow Sea, known in Seoul as the West Sea, where China has increasingly built structures, Oceans Minister

Nissan's new CEO intends to slash its vehicle development time

Nissan plans to dramatically cut its car development time to boost its competitiveness, the struggling automaker's incoming CEO Ivan Espinosa said on

Hillhouse hires Japan co-heads for real estate investment arm from Blackstone, source says

Hillhouse Investment has hired co-heads for its Japan real estate investment business, a person familiar with the matter said, as it bulks up its

Tokyo Gas expects net profit to nearly double in FY25/26

Tokyo Gas aims to nearly double its net profit in the 2025/26 fiscal year and plans to expand in the United States, Japan's biggest city gas

BYD aims to double overseas sales to 800,000 in 2025, chairman tells analysts

Chinese electric vehicle giant BYD aims to double its sales outside China to more than 800,000 cars in 2025 and will look to overcome tariffs by assembling cars locally, its

Appeal win helps South Korea opposition leader clear presidency hurdle

A South Korean appeals court held on Wednesday that main opposition leader Lee Jae-myung was not guilty of violating the election law, reversing a lower

Indian stand-up comic sets off free speech debate with parody song

Indian stand-up comedian Kunal Kamra faces police scrutiny for a performance seen to have criticised a key politician and ally of Prime Minister Narendra Modi

Chinese electric truck maker Windrose lifts fundraising goal to $300 million, source says

Chinese electric truck startup Windrose is increasing its final round of funding to $300 million, a person with direct knowledge of the matter said, as it plans more assembly

US religious freedom panel urges sanctions against India's external spy agency

A U.S. panel on religious freedom said on Tuesday the treatment of minorities in India is deteriorating and it recommended sanctions be

Sri Lanka's central bank holds rate to support economic recovery

Sri Lanka's central bank kept its key policy rate unchanged for a second consecutive meeting on Wednesday to underpin the island nation's economic recovery

At least 24 dead as wildfires ravage southern South Korea and force thousands to evacuate

Wind-driven wildfires in South Korea’s southern regions have killed at least 24 people, forced the evacuation of 28,800 others and destroyed more than 300 structures

Leaders of Brazil and Japan stress importance of multilateralism and agree to strengthen ties

Brazilian President Luiz Inácio Lula da Silva has stressed the importance of free trade and multilateralism and decried threats against democracy as he and Japan’s Prime Minister Shigeru Ishiba agreed to step up ties across the board

‘We are not just one city’: Asia’s 50 best restaurants for 2025 revealed

‘We are not just one city’: Asia’s 50 best restaurants for 2025 revealed

This country was the world’s ‘baby exporter.’ But its government violated human rights to meet demand, probe finds

This country was the world’s ‘baby exporter.’ But its government violated human rights to meet demand, probe finds

Beijing residents shaken in their beds by 4.5 magnitude quake

Beijing residents shaken in their beds by 4.5 magnitude quake

US adds Chinese tech firms to its export control list, says they sought US knowhow for military use

The U.S. has added dozens of companies to its export control, including more than 50 based in China that it says sought advanced knowhow in supercomputing, artificial intelligence and quantum technology for military purposes

Why are a growing number of airlines banning power banks on flights?

Why are a growing number of airlines banning power banks on flights?

Nissan's new CEO says the Japanese automaker will move faster to achieve a turnaround

The chief-executive-to-be at money-losing Japanese automaker Nissan is determined to speed up the company's decision-making to come up with models that say Nissan _ and really sell

Taiwan defends trade, currency record ahead of possible US tariffs

Taiwan's central bank on Wednesday defended the island's trade and currency record ahead of possible tariffs from U.S.

Singapore February manufacturing output falls 1.3% y/y, electronics and pharma lead decline

Singapore's manufacturing output in February fell 1.3% from the same period a year earlier, bucking expectations of growth due mainly due to a steep decline in the biomedical

China has 'very big' policy room to spur growth, central bank adviser says

China wields significant policy room to stimulate its economy this year while some reform was needed to boost consumption, Huang Yiping, an advisor to China's

Indonesian rupiah nears record low as fiscal worries rattle investors

Indonesia's currency neared a record low against the U.S. dollar on Wednesday as worries over slowing growth and rising government spending shook investor

China urges US to stop viewing China through 'hegemonic mentality'

China's foreign ministry on Wednesday urged the United States to stop thinking of China through its own "hegemonic mentality," in response to the U.S. calling China the top

Vietnam to cut duties on US imports, approve Starlink as Trump tariff decision looms

Vietnam will cut its tariffs on several U.S. products including LNG and cars, and moved to approve Starlink services, as the country tries to avoid being hit with U.S.

Senior Taiwan defence official to visit US for fighter jet ceremony

One of Taiwan's deputy defence ministers will visit the United States for a ceremony this week marking the completion of a new F-16 fighter jet for the island, the first

Japan lawmaker says yen undervalued, eyes steps to reverse outflows

Japan's economic fundamentals suggest the yen's real value is closer to 120-130 per dollar rather than the current 150 levels, senior

DBS leading race to buy controlling stake in Indonesia's Panin Bank, sources say

DBS Group, Southeast Asia's top bank by assets, is the frontrunner to buy a controlling stake in Indonesia's Panin Bank, three people

Vietnam to allow SpaceX's Starlink satellite internet service

Vietnam's government said on Wednesday it will allow SpaceX to launch its Starlink satellite internet service on a trial basis in the country. 

Looking to April 2 with trepidation

A look at the day ahead in European and global markets from Kevin Buckland The relief rally in global stocks was still in place on Wednesday in Asia, but with dwindling conviction.

Thai prime minister survives a challenge by rivals who say her father is pulling the strings

Thailand’s Prime Minister Paetongtarn Shinawatra easily survived a no-confidence vote in Parliament following a two-day debate in which rivals charged that she has mismanaged the country and let her father, a former prime minister, control her administration

Morgan Stanley raises Chinese stock targets again on earnings optimism

Wall Street firm Morgan Stanley raised on Wednesday its index targets for Chinese shares for the second time this year, citing improved earnings growth forecasts and a more

A transgender woman's fight for dignity in Bangladesh's Rohingya refugee camps

With her tiny studio tucked in the crowded lanes of the sprawling Rohingya refugee camp in south-eastern Bangladesh, Tanya is

Pakistan, China in talks about security for Chinese nationals

Pakistan and China's discussions about security measures to protect Chinese nationals working in the South Asian country are a work in progress,

BOJ's Ueda vows to raise rates if inflationary pressures broaden

The Bank of Japan must raise interest rates if persistent increases in food costs lead to broad-based inflation, Governor Kazuo Ueda said on Wednesday, signalling the

Death toll in South Korea wildfires rises to 16

At least 16 people have died as multiple wildfires rage across South Korea's southeastern region.

China's DeepSeek releases AI model upgrade, intensifies rivalry with OpenAI

Chinese artificial intelligence startup DeepSeek released a major upgrade to its V3 large language model, intensifying competition with U.S. tech leaders like OpenAI and Anthropic.

Stocks edge higher, US dollar slips as tariff uncertainty weighs

Global stocks were slightly higher on Tuesday, after a sharp rally in the prior session on hopes that U.S.

China poses biggest military, cyber threat to US, intel chiefs say

China remains the top military and cyber threat to the U.S., according to a report by U.S. intelligence agencies published on

Stock market today: Wall Street drifts and Trump Media jumps despite souring moods for US consumers

Wall Street followed up one of its best days of the last year with a quiet day of trading

Canada says China and India may seek to meddle in election

China and India are likely to try to interfere in the Canadian general election on April 28, while Russia and Pakistan have the potential to do so, the country's

Chinese tea chain Chagee reveals revenue surge in US IPO filing

China's Chagee revealed its revenue nearly tripled in 2024 as the tea chain filed for a U.S. initial public offering on Tuesday, joining firms betting on a broader recovery in investor

Dollar dips as traders stay cautious on impending tariffs

The dollar weakened against the yen and was steady against the euro on Tuesday as uncertainty around President Donald Trump's planned tariffs kept traders

Comedian's jokes about an Indian state leader are being investigated as potential defamation

Police in India’s western city of Mumbai are investigating whether a popular comedian's jokes about a state politician were defamatory

Bangladesh reports first bird flu outbreak on farm since 2018, WOAH says

Bangladesh reported a first outbreak of highly pathogenic bird flu on a farm since 2018, the World Organisation for Animal Health said on Tuesday, citing local authorities.

Largest fully preserved dinosaur claw unearthed in Mongolia’s Gobi Desert

Largest fully preserved dinosaur claw unearthed in Mongolia’s Gobi Desert

Thailand's auto industry shows signs of recovery amid slump, executives say

Thailand's auto sector faces a slow and painful recovery from a prolonged slump even with government support, three executives

India slaps Samsung with tax demand of $601 million for telecom imports

India has ordered Samsung and its executives in the country to pay $601 million in back taxes and penalties for dodging tariffs on import of key

For Musk's Starlink, India approval could unlock emerging markets

As Starlink nears regulatory approval in India for satellite broadband services, analysts say a victory there could pave a road into more emerging

Trade of Venezuelan oil to China stalls after new Trump order

Trade of Venezuelan oil to top buyer China stalled on Tuesday after U.S.

China's commerce minister meets with Boeing Global president

China's Commerce Minister Wang Wentao met with President of Boeing Global Brendan Nelson on Tuesday, and called on the planemaker to deepen cooperation with China's aviation

India eyes tariff cut on more than half of US imports to shield its exports, sources say

India is open to cutting tariffs on more than half of U.S. imports worth $23 billion in the first phase of a trade deal the

South Korea wildfires spread forcing evacuation of four local prisons, homes

Wildfires spread across South Korea's southeastern region on Tuesday, forcing the evacuation of thousands of inmates from local prisons and

Brazil government confirms Japanese mission to inspect slaughterhouses

The Brazilian government on Tuesday confirmed a Japanese mission will visit the South American country to inspect its slaughterhouses, it said in a statement.

Merck buys rights to heart disease drug in latest China deal

Merck has signed a licensing agreement for a heart disease drug with Jiangsu Hengrui Pharmaceuticals worth up to $2 billion, the latest in a series of deals U.S. drugmakers

Weird Mongolian dinosaur wielded 'big, sharp and nasty' claws

Fossils unearthed during construction of a water pipeline in the Gobi Desert of Mongolia have revealed one of the oddest members of a rather strange group of dinosaurs, a

Italian and Chinese shareholders in Pirelli clash over governance

Chinese and Italian shareholders in Pirelli are at odds over the group's governance, two sources said, with the Chinese investor potentially a hurdle for the

Rakuten Card aiming for 100 billion yen profit, eyes 1,100 trillion yen B2B market

Japan's largest credit card company, Rakuten Card, is aiming to almost double its annual operating profit to 100 billion yen ($663.7 million) in

Japan PM Ishiba to adopt 'strong measures to counter rising prices', coalition partner says

Japanese Prime Minister Shigeru Ishiba told the leader of a junior party in the coalition government that he would "introduce strong measures to counter rising prices", the head of

Japan backs close security ties with India, South Korea in Indo-Pacific

Japan has said that it backed close security cooperation with South Korea and India in the Indo-Pacific, days after the Philippines' military chief said a U.S.-

China seeks stronger ties with Europe, it says in meeting with Portugal's foreign minister

Chinese foreign minister met with his Portuguese counterpart in Beijing on Tuesday, calling for closer ties with Europe as Chinese and European leaders navigate intensifying global

Indonesia to join BRICS' New Development Bank, president says

Indonesia will join New Development Bank, a multilateral bank developed by BRICS member nations, President Prabowo Subianto said on Tuesday.

Court in Japan orders the dissolution of the Unification Church

The Unification Church in Japan was ordered dissolved by a court after a government request spurred by the investigation into the 2022 assassination of former Prime Minister Shinzo Abe

Citigroup appoints Akira Hoshino as head of markets for Japan

Citigroup appointed Akira Hoshino as the head of markets for Japan on Tuesday, effective immediately.

China's vice premier meets Blackstone chairman in Beijing

China's Vice Premier He Lifeng met Blackstone's Chairman Stephen Schwarzman in Beijing, the official Xinhua news agency reported on Tuesday, stating that the Chinese side said it

Japan's Nomura Real Estate strikes deal with L&G to enter UK housing market

One of Japan's largest property developers has struck a deal with Legal & General to build more than 1,000 homes in Britain's rental housing market, where demand for

DeepSeek narrows China-US AI gap to three months, 01.AI founder Lee Kai-fu says

China has narrowed the AI development gap with the United States to just three months in some areas, because firms such as DeepSeek have worked out

China opposes US move to punish countries buying Venezuela oil, gas

China firmly opposes the move by the United States to penalise countries that buy oil and gas from Venezuela with tariffs on trades with the U.S., the Chinese foreign ministry said

China not interested in interfering in Canada's internal affairs, foreign ministry says

China has never been interested in interfering in Canada's internal affairs, the Chinese foreign ministry said on Tuesday, when asked about Canada saying China and India are likely

China's Xiaomi raises $5.5 billion in share sale as EV plans ramped up

China's Xiaomi Corp said on Tuesday it had raised $5.5 billion in an upsized share sale as the company pushes forward with its ambitious electric vehicle manufacturing

South Korea hosts Alaska governor, energy team amid talk of gas pipeline

Alaskan state representatives led by the governor and including energy officials visited South Korea on Tuesday to discuss energy cooperation, amid a push for U.S. allies

A comedian told a joke about a politician. Now he’s under police investigation

A comedian told a joke about a politician. Now he’s under police investigation

World’s longest-serving death row prisoner awarded $1.4 million after acquittal – that’s $85 for each day

World’s longest-serving death row prisoner awarded $1.4 million after acquittal – that’s $85 for each day

Chinese EV titan BYD eclipses Tesla with annual sales of more than $100 billion

Chinese EV titan BYD eclipses Tesla with annual sales of more than $100 billion

Han Jong-Hee, who elevated Samsung's television business, dies

Samsung Electronics says the executive credited with elevating its television business has died

Southeast Asian stocks feel the heat from economic, U.S. tariff worries

Foreign investors have soured on Southeast Asian markets as the rising threat of U.S. tariffs, worries over domestic growth and a surge in

South Korea to probe 'made in Korea' violations ahead of US tariffs

South Korea will launch a special probe into violations of the free trade pact with the United States regarding country of origin markings, the Korea Customs Service (KCS) said on

Relief rally starts to fizzle

A look at the day ahead in European and global markets from Ankur Banerjee The prospect of narrower-than-feared U.S. tariffs rekindled some investor optimism in recent days but the relief rally in

Alibaba says to restart hiring, sees signs of start of AI bubble in the US

Alibaba Group Chairman Joe Tsai said on Tuesday the tech giant would recommence hiring, emboldened with more confidence following President Xi Jinping's

Thailand car production drops 13.6% y/y in February on weaker sales, exports 

Car production in Thailand dropped 13.62% in February from a year earlier, as a lengthy decline in domestic sales and exports squeezed output for a 19th straight month, the

Indonesia intervenes as rupiah falls to Asian crisis lows

Indonesia's central bank stepped into the currency market to defend the rupiah on Tuesday, as growing concerns over politics, government spending and capital

Samsung Electronics co-CEO Han Jong-hee dies, leaving new appointee in charge

Samsung Electronics said on Tuesday that co-CEO Han Jong-hee had died of a heart attack, leaving newly-appointed boss Jun Young-hyun solely in charge

What is the Unification Church and why did a Japanese court order it dissolved?

A controversial South Korean church with powerful political connections faces dissolution in Japan after a Tokyo court issued an order to revoke its legal status

Samsung co-CEO Han Jong-Hee dies at 63

Samsung co-CEO Han Jong-Hee dies at 63

BOJ discussed chance of more rate hikes at January meeting, minutes show

Bank of Japan policymakers discussed the pace of raising interest rates further after deciding to hike short-term interest rates to the highest in 17 years, minutes of their January

India's cenbank revises priority sector lending guidelines

The Reserve Bank of India on Monday issued revised guidelines on priority sector lending, in a move to expand PSL's coverage and increase loan limits across sectors.

South Korean wildfires spread, three more disaster zones named

Deadly wildfires spread further across South Korea on Monday as authorities designated three more counties 'special disaster zones'.

China calls for global business to ‘resist protectionism’ as American executives gather in Beijing

China calls for global business to ‘resist protectionism’ as American executives gather in Beijing

Stocks jump, US Treasury yields climb on tariff optimism

Global stocks rallied on Monday, led by gains in U.S. stocks, while U.S.

What to know about the reinstatement of South Korea's No. 2 leader and the Yoon ruling to come

The latest twist in South Korea's political crisis came Monday with the reinstatement of Prime Minister Han Duck-soo after the Constitutional Court overturned his impeachment in a 7-1 ruling

Hyundai, Trump announce $21 billion US investment, new steel plant

South Korea's Hyundai Motor Group announced a $21 billion investment in the United States with President Donald Trump

Stock market today: Wall Street gains ground after shaking off four-week losing streak

Stocks closed broadly higher as Wall Street navigates through the uncertainty of a trade war

Dollar gains on improving US business activity, tariff optimism

The dollar jumped to multi-week highs against the euro and yen on Monday after data showed U.S. business activity picked up in March and reports that U.S.

Oil rises 1% as Trump plans tariff on countries that buy Venezuelan oil, gas

Oil prices gained 1% on Monday as U.S. President Donald Trump said he will impose a 25% tariff on countries that buy oil and gas from Venezuela.

Japan's cherry blossom season begins as first blooms appear in Tokyo

Japan’s official cherry blossom spotters on Monday confirmed the first blooming of the country’s favorite flower, declaring the official start of the festive season in the Japanese capital

Apple is welcome to expand investment in China, commerce minister tells CEO

China's commerce minister told Apple CEO Tim Cook on Monday that the company is welcome to expand investment in the country, a ministry statement showed.

UK sanctions former Sri Lankan commanders over civil war abuses

Britain on Monday imposed sanctions on three former senior Sri Lankan military commanders and one former Tamil Tiger rebel commander over human rights violations during a civil war

Novo bets on 'triple G' obesity drug in up to $2 billion deal with Chinese biotech

Danish drugmaker Novo Nordisk has bought global rights to China-based United Laboratories International's so-called "triple-G" weight-loss drug candidate in a deal worth up

Philippine defense chief calls China's claims in the South China Sea 'the biggest fiction and lie'

The Philippine defense chief has called China’s expansive claims in the South China Sea as “the biggest fiction and lie” that no Southeast Asian country will accept

Some Chinese steel makers start output cuts, heeding national call

Several steel makers in northwestern China's Xinjiang region began production cuts from Monday, local reports said, after Beijing earlier stated

China, US need to cooperate in AI, says US-China relations committee head

China and the United States need to cooperate in artificial intelligence, and duplication of efforts in the area could be avoided, the president of the National Committee on United

China rolls out new rules to step up countermeasures to foreign sanctions

Chinese Premier Li Qiang has signed an order to implement new rules for strengthening China's countermeasures to foreign sanctions, the Chinese government said on Monday.

South Korean Prime Minister Han Duck-soo reinstated as acting president after impeachment overturned

South Korean Prime Minister Han Duck-soo has been reinstated as the acting president as the Constitutional Court overturned his impeachment

Tesla halts driving-assistance software trial in China, pending approval

Tesla said on Monday it would release its smart driving-assistance feature in China after completing regulatory approval, following complaints that a limited-time free trial of its

Rohingya in Bangladesh face dire consequences if aid money drops, say UN agencies

Two United Nations agencies said on Monday that any shortfalls in funding from global donors could have dire consequences for Rohingya refugees in Bangladesh.

Japan, Korea would struggle to fill US demand for non-China shipbuilding, NYK Line exec says

U.S. allies Japan and South Korea would struggle to quickly ramp up shipbuilding to meet U.S. demand for alternatives under President Donald Trump's plan to

China touts business potential to US companies despite 'rising instability'

China's economy tsar, Vice Premier He Lifeng, sought to reassure foreign CEOs of the country's business potential, describing the economy as highly resilient, while

Chinese EV giant BYD's fourth-quarter profit leaps 73%

Chinese electric vehicle maker BYD's net profit leapt 73.1% in the fourth quarter of 2024 to a record 15 billion yuan ($2.1 billion), it said on Monday, reaping the rewards of lower

Missed three-foot putt costs Sergio Garcia a spot at The Open

Missed three-foot putt costs Sergio Garcia a spot at The Open

South Korea fights deadly wildfires in southeast as thousands evacuate

South Korea fights deadly wildfires in southeast as thousands evacuate

South Korea top court reinstates prime minister suspended over martial law turmoil

South Korea top court reinstates prime minister suspended over martial law turmoil

Miami Open: Australian Open champion Madison Keys stunned by Filipina teenager Alexandra Eala

Miami Open: Australian Open champion Madison Keys stunned by Filipina teenager Alexandra Eala

Bank of America set to appoint Vikram Sahu as new country head for India

Bank of America Corp is set to appoint Vikram Sahu as the new country executive for its India business, according to a memo reviewed by Reuters.

China's Xiaomi to raise up to $5.27 billion from share sale

Chinese smartphone and EV maker Xiaomi Corp is raising up to $5.27 billion in a top-up placement on Monday, according to a term sheet seen by Reuters.

China's central bank to further erode role of medium-term loan rate

China's central bank said it will change the way it sells its medium-term loans, a move that market participants say may further erode the significance of role of such a bond

China is turning up pressure on Walmart. That could mean higher prices for US customers

China is turning up pressure on Walmart. That could mean higher prices for US customers

Climbing Mount Fuji will now require a $27 fee and a test

Climbing Mount Fuji will now require a $27 fee and a test

K-pop band NewJeans announces hiatus amid ‘mental and emotional toll’ of legal battle

K-pop band NewJeans announces hiatus amid ‘mental and emotional toll’ of legal battle

China says it has not received any asylum application from Philippines' Duterte

China has not received any application for asylum from Philippines' former President Rodrigo Duterte and his family, a foreign ministry spokesperson said on Monday.

Singapore core inflation rate at the lowest in nearly four years in February

Singapore's annual core inflation rate eased to 0.6% in February, data showed on Monday, and an analyst said the lowest reading in nearly four years meant an

South Korean court reinstates impeached PM Han Duck-soo as acting president

South Korea's Constitutional Court reinstated Prime Minister Han Duck-soo to the post of acting president on Monday, striking down his impeachment as he

Sovereign fund Danantara Indonesia names 'dream team' of former presidents, Sachs, Dalio and ex-Thai PM Thaksin

New sovereign fund Danantara Indonesia unveiled on Monday what it called a "dream team" to chart its strategy, including ex-presidents as

Nippon Steel says shares view with Washington that U.S. Steel deal will boost U.S. industry

Nippon Steel's president said on Monday that the Japanese steelmaker and the U.S. government share a mutual understanding that its planned acquisition of U.S.

Thai officials secretly planned to deport Uyghurs while making repeated public denials

Testimony from parliamentary inquiries and other evidence shows that top Thai officials secretly decided to hand a group of Uyghur detainees over to China while denying plans to do so in public, giving the detainees and their advocates no chance to make a last-ditch appeal before they were bundled off and sent back to a country where where U.N. experts say they could face torture or other punishment

Malaysia must focus on reforms even as trade risks rise, central bank says 

Malaysia must still pursue long-term structural reforms to achieve high-income status despite the near-term risks of a global trade war and an escalation of geopolitical

Thai PM grilled in censure motion over father Thaksin's influence 

Thailand's opposition on Monday grilled Prime Minister Paetongtarn Shinawatra on the first day of a parliamentary no-confidence motion,

Japan protests Chinese government statement it says misquoted PM Ishiba

Japan has lodged a protest with China about a statement that misquoted Prime Minister Shigeru Ishiba's remarks during Friday's meeting with Chinese Foreign Minister Wang Yi, Japan's

India's business growth dipped in March due to weaker services demand, PMI shows

Growth in India's overall business activity softened in March as robust manufacturing expansion failed to offset a slowdown in the services sector, a private

BOJ says to raise rates if price target to be achieved, despite losses on JGBs

Bank of Japan Governor Kazuo Ueda said on Monday the central bank will continue to raise interest rates if its underlying inflation target is likely to be achieved

India's $23 billion plan to rival China factories to lapse after it disappoints

Indian Prime Minister Narendra Modi's government has decided to let lapse a $23 billion program to incentivize domestic manufacturing,

Malaysia to tighten semiconductor regulations under US pressure, FT reports

Malaysia plans to tighten regulations on semiconductors as it comes under U.S. pressure to staunch the flow to China of chips crucial to the development of artificial intelligence, the

Stellantis, Leapmotor favour Spain for production of B10 EV, source says

China's embassy in Spain said Stellantis and its

Japan's factory activity declines accelerate, services sag, PMI shows

Japan's factory activity fell at the fastest pace in a year in March, dragged by declines in production and new orders in a worrying sign for the economy, a private-sector survey

BOJ's message: Food inflation can't be ignored even as Trump tariffs raise risks

The Bank of Japan's meeting last week passed with no surprises, but for a careful BOJ watcher its message on the need to remain vigilant on food-driven inflationary

Pro-Trump senator meets Chinese Premier Li with US company executives

U.S.

Oscar Piastri wins Chinese Grand Prix while teammate Lando Norris makes it a McLaren 1-2

Oscar Piastri wins Chinese Grand Prix while teammate Lando Norris makes it a McLaren 1-2

One of Asia’s most raucous sporting spectacles is moving to a shiny new high-tech home. Can its party spirit survive?

One of Asia’s most raucous sporting spectacles is moving to a shiny new high-tech home. Can its party spirit survive?

China's premier says US relations at 'an important juncture' during meeting with pro-Trump senator

Chinese Premier Li Qiang says Beijing and Washington should choose dialogue instead of confrontation

McLaren's Oscar Piastri wins F1 Chinese GP from teammate Lando Norris. Both Ferraris disqualified

McLaren driver Oscar Piastri has cruised to his maiden Chinese Grand Prix win from pole position with the Australian untouchable ahead of his teammate Lando Norris as the pair completed McLaren’s milestone 50th one-two finish in Formula 1

Chinese premier warns of 'rising instability' at key business forum

Chinese Premier Li Qiang urged countries to open their markets to combat "rising instability and uncertainty" at a business forum in Beijing on Sunday, as China

The US lifts bounties on senior Taliban officials, including Sirajuddin Haqqani, says Kabul

The Taliban say the U.S. has lifted bounties on three senior Taliban figures, including the interior minister who also heads a powerful network blamed for bloody attacks against Afghanistan’s former Western-backed government

OpenAI, Meta in talks with Reliance for AI partnerships, The Information reports

OpenAI and Meta Platforms have held separate discussions with India's Reliance Industries over potential partnerships to expand their artificial intelligence offerings in the country,

Taliban says US has lifted $10 million reward for information on Sirajuddin Haqqani

The United States has lifted a $10 million reward offer for information leading to the arrest of a major Taliban leader, Sirajuddin Haqqani, an Afghan interior ministry spokesperson

Lewis Hamilton takes first-ever win for Ferrari in sprint race at Chinese Grand Prix

Lewis Hamilton takes first-ever win for Ferrari in sprint race at Chinese Grand Prix

US senator and Trump supporter Daines meets China's vice premier in Beijing

U.S. Senator Steve Daines, a strong supporter of President Donald Trump, has met China's vice premier with warm exchanges in front of journalists as tensions between their countries spiked over trade fentanyl

Pro-Trump senator meets China’s economy tsar amid trade tensions

U.S.

Three years after China Eastern plane crash, regulator has not released report

China's aviation regulator has not released an expected update on its investigation into a deadly China Eastern Airlines crash three years ago, leaving relatives and the

Japan, China, South Korea meet at geopolitical 'turning point in history'

The top diplomats from Japan, China and South Korea met in Tokyo on Saturday, seeking common ground on East Asian security and economic issues amid escalating global

McLaren's Piastri takes his first F1 pole at Chinese Grand Prix. Hamilton to start fifth

McLaren’s Oscar Piastri has scored his maiden pole position in Formula 1 ahead of Sunday’s Chinese Grand Prix by delivering two sizzling laps that were quick enough for the top spot ahead of Mercedes’ George Russell

Japan, China and South Korea discuss trilateral cooperation

Foreign ministers from Japan, China and South Korea sought common ground in areas like aging, low birth rates, natural disasters and cultural exchange at a meeting that took place at a time of growing tensions

South Korea presses US commerce chief for favourable treatment on tariffs

South Korea's industry minister pressed U.S.

South Korea foreign minister says North should not be rewarded for wrongdoings in Ukraine

South Korea's Foreign Minister Cho Tae-yul said on Saturday that military cooperation between North Korea and Russia must stop, and North Korea should not be rewarded for its

As mountain glaciers melt, risk of catastrophic flash floods rises for millions

When mountain permafrost thaws and glaciers melt, glacial lakes can become lethal flood risks for anyone downstream.

FCC probing if Chinese tech, telecom firms seeking to evade US restrictions

The Federal Communications Commission said on Friday it is investigating nine Chinese companies including Huawei Technologies, ZTE, Hangzhou Hikvision, China

Wall St ends higher, dollar rises as Trump signals tariff respite

Wall Street edged higher and the dollar gained ground on Friday after U.S.

Indonesia's Lewotobi Laki-laki volcano erupts; some Bali flights cancelled

An eruption of Indonesia's Lewotobi Laki-laki volcano spewed ash clouds more than 8 kilometres (5 miles) high, authorities said as they raised the alert status to the highest level

Bumble Bee sued by deep-sea crew who say they were forced into ‘fishing boat slavery’

Bumble Bee sued by deep-sea crew who say they were forced into ‘fishing boat slavery’

Japan PM says ties with South Korea, US remain important, South Korea says

Japanese Prime Minister Shigeru Ishiba said the importance of relations between Japan, South Korea and the United States will not change, South Korea's foreign ministry said on

China's central bank says it will boost forex market resilience

China's central bank will cut banks' reserve requirement ratio and interest rates at the "appropriate time" and strengthen the resilience of its forex market, it said on Friday

Indian IT earnings likely to stutter in fiscal 2026 on US spending woes, analysts say

India's information technology companies, among the worst-performing sectors this year, may not see a recovery in fiscal 2026, analysts

Hegseth to fly to the Philippines and Japan in first visit to Asian treaty allies at odds with China

A Philippine official says U.S. Defense Secretary Pete Hegseth is scheduled to visit the Philippines, the first stop in his first trip to Asia next week, for talks that will include increasing deterrence against aggression in the disputed South China Sea

North Korean leader reaffirms support for Russia's war in Ukraine in talks with top official

North Korean leader Kim Jong Un expressed his unwavering support for Russia’s aggression against Ukraine during a meeting with a top Russian security official in Pyongyang, North Korean state media said Saturday

Migrant deaths hit record in 2024, with 10% violently killed, UN agency says

Last year was the deadliest on record for migrants, with nearly 9,000 people dying on perilous routes and one in 10 of those killed violently in incidents such as shootings, the U.N.

India parliament panel asks government to cut tariffs to boost local manufacturing

An Indian parliamentary committee recommended on Friday the government cut tariffs on imports of raw materials in a bid to support local manufacturers, who are expected to come

Stock market today: Wall Street closes higher, snapping a 4-week losing streak

U.S. stocks shook off a weak start and ended slightly higher, enough to break a four-week losing streak

A major new airport to serve Cambodia's capital and boost tourism is due to open in July

Cambodia expects its new airport to serve the capital Phnom Penh will open in July

US senator and Trump supporter Steve Daines is visiting Beijing as tariff fight grows

U.S. Senator Steve Daines is visiting Beijing as the U.S. and China swap tariff threats and harsh words over each others’ handling of the illegal trade in fentanyl

Indonesia parliament passes contentious amendments to military law

(This March 20 story has been corrected to say that soldiers do not have to resign before taking up civilian posts in the Attorney General's office, in paragraph 6) By Stefanno Sulaiman and Ananda

Eli Lilly launches weight-loss drug Mounjaro in India, beats Novo Nordisk to major market

Eli Lilly launched its blockbuster diabetes and weight-loss drug Mounjaro in India on Thursday, beating rival Novo Nordisk for a much-awaited entry into the

New US sanctions to slow but not stop China's Iranian oil imports, traders say

Iranian oil shipments into China are set to fall in the near-term after new U.S. sanctions on a refiner and tankers, driving up shipping costs, but

Young, rich Indians rev up Lamborghini and Mercedes-Maybach sales

Lamborghini and Mercedes-Maybach plan to expand in India as a growing tribe of young, rich Indians splurge on super luxury cars, driving their sales to record

AstraZeneca investing $2.5 billion in China as drugmaker seeks to recover from scandals

AstraZeneca said on Friday it will spend $2.5 billion on a research and development hub in Beijing, as the drugmaker scrambles to revive business in its second-

Malaysia Airlines parent to buy 30 Boeing 737 MAX jets, aims to modernise fleet

Malaysia Aviation Group, the parent company of Malaysia Airlines, said on Friday it will purchase 30 new Boeing 737 aircraft for 2029 delivery, aimed at

Top Russia official discussed Ukraine with North Korean leader Kim, TASS says

Russian President Vladimir Putin's top security adviser Sergei Shoigu discussed Ukraine with North Korean leader Kim Jong Un, the TASS news agency reported

US slaps Iran-related sanctions on oil tankers, China 'teapot' refinery

The U.S. on Thursday issued new sanctions intended to hit Iran's oil exports, including what the State Department said were the first U.S. measures targeting a

Korean Air to finalise Boeing plane order soon, highlighting US-S.Korea ties

Korean Air will soon finalise a $32.7 billion deal for new Boeing aircraft and GE Aerospace engines, South Korea's industry ministry said during a visit to the United States to

Indonesia's Mount Lewotobi Laki Laki volcano erupts, prompting alert level to be raised

The Mount Lewotobi Laki Laki volcano in south-central Indonesia has erupted, sending an ash column 26,000 feet high and prompting authorities to expand the danger zone around the volcano

Japan becomes first country to qualify for 2026 men’s World Cup

Japan becomes first country to qualify for 2026 men’s World Cup

South Korea court blocks K-pop group NewJeans from leaving agency

A South Korean court issued an injunction on Friday to stop members of K-pop group NewJeans from pursuing independent projects, marking the latest twist in a long-

Beijing boosts AI startup Manus, as China looks for the next DeepSeek

Chinese artificial intelligence startup Manus on Thursday registered its China-facing AI assistant and was featured for the first time in a state media broadcast, highlighting

CK Hutchison shares drop after earnings, pro-Beijing paper's fresh criticism cites security laws

CK Hutchison's shares fell on Friday after it reported weak earnings and dividends, while pro-Beijing newspaper published a fresh editorial saying the firm's

NewJeans: Court rules against embattled K-pop band days before headline show

NewJeans: Court rules against embattled K-pop band days before headline show

Lewis Hamilton wins sprint pole position in China days after a disappointing F1 debut for Ferrari

Lewis Hamilton has surprised the crowd and himself by securing his first sprint pole position for Ferrari in the final moments of qualifying at the Chinese Formula 1 Grand Prix

Japanese firms agree to 5.4% wage hike, top union group's second estimate shows

Japanese companies have agreed to raise pay by 5.4% this year, the second tally of annual labour talk results from the country's largest union umbrella group Rengo

Top brands drop South Korean actor Kim Soo Hyun after relationship controversy

Top brands drop South Korean actor Kim Soo Hyun after relationship controversy

Indian gold loan provider Manappuram hits record high as Bain Capital plans stake buy

Shares of India's Manappuram Finance jumped 6% on Friday after analysts said that Bain Capital's plans to buy an 18% stake and jointly control the gold loan provider will help ease its

South Korea opposition brings motion to impeach acting president

South Korean opposition parties raised a motion to impeach acting President Choi Sang-mok on Friday, the majority Democratic Party said, in a move likely to escalate

Thailand offers guarantee for pickup truck loans to boost flagging auto sector

Thailand is offering a guarantee for loans for pickup trucks, a key segment of its car manufacturing industry, as it seeks to boost a flagging autos sector that saw production

Thai exports beat forecast in February but U.S. trade uncertainty clouds outlook

Thailand's exports rose for an eighth consecutive month in February and more than expected, the commerce ministry said on Friday, although

Adani defending key India projects against environmental challenges

Indian billionaire Gautam Adani's group is battling allegations in court this month that its planned multibillion-dollar power plant

South Korea says it agreed with US to swiftly resolve 'sensitive country' status

South Korea and the United States have agreed to work together to swiftly resolve any fallout from the U.S.

Switching off plants: Chinese copper smelters grapple with margin collapse

Major copper smelters across top consumer China have kicked off equipment maintenance in March, traditionally a peak demand period, in a bid to stem

China's criticism of Hutchison ports deal raises stakes for TikTok US sale

Beijing's criticism of Hong Kong conglomerate CK Hutchison's move to sell its ports business is a precursor to heightened political scrutiny of major Chinese business divestments involving

Zara opens flagship store in China's Nanjing with cafe and content creation studio

Inditex-owned fast-fashion retailer Zara opened what it dubbed a new-style Asia flagship store in the eastern Chinese city of Nanjing on Friday as part of its global

North Korea's Kim oversees test-fire of surface-to-air missiles

North Korean leader Kim Jong Un oversaw the test-firing of the country's latest anti-aircraft missile system on Thursday, state media KCNA reported, as some experts said

Role of Indonesia central bank must be strengthened to support growth ambitions, top lawmaker says

The role of the Indonesia's central bank must be strengthened to help support the government's economic growth target of 8% by 2029, a lawmaker heading a parliamentary committee

China's restaurants race to the bottom in deflation-hit economy

In a dilapidated warehouse on the outskirts of the Chinese capital, businessman An Dawei inspected rows of giant fridges, industrial

Most Japan firms stay committed to diversity despite US moves, Reuters survey shows

More than three-quarters of Japanese companies have no plan to pull back from promoting workplace diversity and decarbonisation despite recent policy changes in

Japan's core inflation hits 3% in February, keeps alive BOJ rate-hike bets

Japan's core inflation hit 3.0% in February and an index stripping away the effect of fuel rose at the fastest pace in nearly a year, a sign of broadening price

Why Indonesia's new military law is alarming pro-democracy activists and rights groups

Indonesia’s Parliament has unanimously voted to pass a controversial revision of its military law that will expand the armed forces’ role in civilian affairs despite growing opposition from pro-democracy and rights groups who see it as a threat to the country’s young democracy

Man gets prison in US for helping pressure Chinese expat to return home

A real estate businessman who aided a Chinese effort to pressure an expatriate to return home has been sentenced to over a year in a U.S. prison

Stock market today: Wall Street edges lower despite solid data on the economy

U.S. stock indexes edged lower following another reminder that big, unsettling policy changes are underway because of President Donald Trump, along with more signals suggesting the U.S. economy remains solid for now

Canadian farmers face two-front trade war as China duties take effect

Canadian farmers are facing a two-front trade war, with China's tariffs on Canadian canola oil, canola meal and peas taking effect on Thursday and U.S.

US stocks end down on economic worry; oil up on Middle East tensions

U.S. stocks posted modest losses and the dollar strengthened on Thursday as investors weighed solid data against notes of caution about trade from world central

GM, Hyundai in talks to share pickups and electric vans in North America, sources say

Hyundai Motor and General Motors are close to finalizing a deal for Hyundai to share two electric commercial van models with the

Spanish Prime Minister Sanchez to meet Xi in China next month

Spanish Prime Minister Pedro Sanchez will travel to China in April to meet with President Xi Jinping, a government spokesperson said.

Dollar rises as Fed sees no rush to cut rates

The dollar appreciated broadly on Thursday, a day after the Federal Reserve indicated it was in no rush to cut interest rates further this year due to

Lilly's weight-loss drug launch in India to energize rivals eyeing mega market

Eli Lilly on Thursday launched in India its diabetes and weight-loss drug, Mounjaro, which has already clocked in over $20 billion in global sales since its initial U.S. launch in 2022.

China's 'Hermes of gold' shines despite lacklustre demand for high-end goods

Vivian Wang bought a gold medallion decorated with a carved dragon from Laopu Gold nearly a decade ago, but forgot about the brand until last year when

India detains hundreds of farmers as police bulldoze protest sites

Police in India's northern state of Punjab detained hundreds of farmers and used bulldozers to tear down their temporary camps in a border area where they had

India grants initial approval for $6 billion defence purchases

India's defence acquisition council gave initial approval on Thursday for the purchase of arms and equipment worth more than 540 billion rupees ($6.26 billion) to enhance the

X sues Modi's government over content removal in new India censorship fight

India's IT ministry has unlawfully expanded censorship powers to allow the easier removal of online content and empowered "countless"

Amazon, Flipkart found to have violated Indian quality control rules during warehouse raids

Retail giants Amazon and Walmart-owned Flipkart violated Indian quality control rules by stocking products that did not have the required standards certificate, India's top government-run

Temu-owner PDD Holdings' revenues hit by intense China competition and challenges abroad

PDD Holdings, which operates e-commerce platforms Pinduoduo and Temu, missed market estimates for quarterly revenue on Thursday, as demand remained

China seeks foreign capital old and new to bolster changing economy

Iron ore miner Vale, a Chinese commercial partner since the 1970s, is welcome, along with other Brazilian firms, to further expand economic links with

CK Hutchison: a global conglomerate caught in US-China trade spat

CK Hutchison, a Hong Kong-based conglomerate, agreed to sell much of its global $22.8 billion ports business that includes assets near the strategically important Panama Canal to a group

Philippines eyes transforming islands of former U.S. base into military reservation

The Philippines is exploring the possibility of converting two islands that were once part of a U.S. navy base into a military reservation, its defence department said on Thursday,

Thanks to Ohtani, MLB enjoys huge success in Japan and has momentum heading into 2025 season

There was the crack of Shohei Ohtani’s bat, the roars from the Tokyo Dome crowd and the beeps from the credit card machines at the massive merchandise center selling boatloads of Los Angeles Dodgers and Chicago Cubs gear

Air India in talks for dozens of new widebody jets from Airbus, Boeing, sources say

Air India is exploring a fresh multi-billion dollar order for dozens of widebody jets from Boeing and Airbus, industry

Trump's new tariffs stir wave of trade frictions against Chinese steel

China's giant steel industry is facing mounting pressure on exports this year as it faces another wave of trade frictions from U.S.

South Korea, US wrap up annual military drills, stage joint river-crossing

South Korea and the United States wrapped up on Thursday 11 days of annual joint military drills known as Freedom Shield, which included staging a river-crossing

Cherry blossom, free visas and stronger rouble see Russians flock to Japan

Wrapped up in warm coats and woolly hats, hundreds of people have braved Moscow's chilly spring weather to form an orderly queue.

Mitsubishi Motors plans to outsource EV production to Taiwan's Foxconn, Kyodo says

Japan's Mitsubishi Motors, a junior partner of Nissan Motor, plans to outsource production of electric vehicles to Taiwan electronics contract manufacturer Foxconn, Kyodo News said on

CK Hutchison posts 11% fall in profit as Panama ports deal saga ramps up

CK Hutchison on Thursday reported an 11% drop in underlying profit for 2024, as one of Hong Kong's most powerful conglomerates becomes increasingly embroiled in a

In the Market: How Trump is driving Asia to diversify away from US

By Paritosh Bansal -President Donald Trump's tariffs and other policies have some financiers and officials in Asia predicting the remaking of the post-World War II economic order, leading to an urgent

A Texas robotics company gets approval to search for MH370 in a new part of the Indian Ocean

Malaysia’s government has given final approval for a Texas-based marine robotics company to renew the search for Malaysia Airlines Flight 370, which is believed to have crashed in the southern Indian Ocean more than a decade ago

Taiwan central bank holds rate as expected, sees little impact from US tariffs

Taiwan's central bank held its policy rate unchanged as expected on Thursday, prompted by lingering concerns over inflation and uncertainty about new

Thai central bank eases loan rules to help struggling property sector

Thailand's central bank said on Thursday it has relaxed loan-to-value rules starting in May until June next year to support the ailing property sector, a measure it said would not

China holds benchmark lending rates steady as expected

China held benchmark lending rates steady for the fifth straight month in March on Thursday, matching market expectations.

Trump says he believes India will be lowering tariffs on US, Breitbart reports

U.S. President Donald Trump told Breitbart News in an interview on Wednesday that he believes India will probably be lowering the tariffs it imposes on American goods.

SoftBank buys chipmaker Ampere Computing for $6.5 billion, deepening AI bet

Japanese technology investor SoftBank Group is accelerating its move into chip technology companies with the $6.5 billion

Global banks raise China's growth forecast, ease bearish yuan views

Global investment banks have raised their projections for China's economic growth and turned less bearish on the Chinese currency after early signs of

China's youth jobless rate rises to 16.9% in February

Joblessness among youth in Chinese cities rose a second month in February, tracking the nation's jobless rate which reached a two-year high, official data showed on Thursday.

China's Baidu denies data breach after executive's daughter leaks personal info

Chinese search giant Baidu on Wednesday denied allegations it had suffered an internal data breach after a top executive's teenage daughter posted personal details of other

Microsoft Malaysia to launch three data centres in Q2 2025

Microsoft will launch its first cloud region in Malaysia with three data centres by mid-year, the tech company said on Thursday, nearly a year after it announced a $2.2

BRICS, planes and beef in spotlight as Brazil's Lula visits Vietnam, sources say

Brazil's President Luiz Inacio Lula da Silva will visit Vietnam next week, bringing with him a business delegation including executives from planemaker Embraer

Inside Akasa Air's struggles with Boeing delivery delays and idle pilots

Frustration is building inside India's newest airline, Akasa Air, with top executives privately criticising Boeing for delayed plane

China export controls freeze antimony shipments to EU from October

China has not shipped any antimony to European Union countries since October, customs data showed on Thursday, after the dominant supplier imposed export controls

Philippines defends ex-President Duterte's transfer to ICC in Senate inquiry

Philippine officials on Thursday defended before the country's Senate the arrest and transfer to the International Criminal Court of former President Rodrigo Duterte, as they faced

Investors scale back bearish Asian FX bets, turn bullish on Philippine peso: Reuters poll

Investors pared bearish bets on Asian currencies as the U.S. dollar faltered, with markets increasingly anxious that President Donald Trump's protectionist trade agenda

South Korea to offer visa-free entry to Chinese visitors to boost tourism

South Korea said on Thursday it would offer a visa exemption to Chinese visitors in the third quarter of the year to boost tourism amid sluggish domestic demand and ahead of an Asia-

Vietnam allows some banks to have up to 49% foreign ownership

Vietnam's government said some private banks can increase their foreign ownership to up to 49% from 30% after they took over struggling financial institutions as part of the

China urged to ramp up support for services consumption

China should step up support for its burgeoning services sector to boost consumption, which top leaders made a priority this year to spur growth amid U.S. tariff disputes,

Ottawa condemns Chinese executions of four Canadians on drug charges

Canada said on Wednesday that China had executed four Canadian citizens on drugs smuggling charges earlier this year, and strongly condemned Beijing's use of the death penalty.

South Korea Constitutional Court to rule on PM Han's impeachment on March 24

South Korea's Constitutional Court said on Thursday it will deliver a decision on Prime Minister Han Duck-soo's impeachment on March 24 after he was suspended as acting president last

30 years after deadly Tokyo subway gassing, survivors and victims' families still seeking closure

Thirty years on from the fatal sarin nerve gas attack in Tokyo’s subway network, survivors and families who lost loved ones are still seeking justice

USAID cuts jeopardize Agent Orange cleanup and other efforts critical to ties with Vietnam

A multi-year cleanup at a former U.S. air base in Vietnam was abruptly halted when the Trump administration cut funding, leaving tons of dioxin-contaminated soil exposed

Canada says China executed four Canadians earlier this year

Canada's government says China executed four Canadians earlier this year

Tencent joins China's AI spending race with 2025 capex boost

Chinese technology giant Tencent said on Wednesday it would boost capital expenditure in 2025, as it strengthens artificial intelligence development and infrastructure.

Dollar pares gains as Fed holds rates, forecasts slower growth

The dollar pared gains against the euro after the Federal Reserve held interest rates steady as expected on Wednesday, but indicated policymakers anticipate reducing borrowing

Wall Street ends higher, Treasury yields slip as Fed sees rate cuts this year

U.S. stocks bounced on Wednesday after the U.S.

Shohei Ohtani came home as a national hero, and he didn't let Japan down at the Tokyo Series

Shohei Ohtani hit a towering solo homer in his return to Japan, taking Chicago Cubs pitcher Nate Pearson deep with a ball that barely cleared the fence in right-center field and helping the Los Angeles Dodgers beat the Chicago Cubs 6-3 to sweep the two-game series in Tokyo

Pakistan, Afghanistan open main border crossing, closed for nearly a month

Pakistan and Afghanistan on Wednesday reopened their main border crossing after clashes between the security forces of both sides led to its closure for nearly a month,

Dodgers' Roki Sasaki throws 3 powerful but erratic innings in pressure-packed MLB debut

Roki Sasaki’s Major League Baseball debut was equal parts electrifying and erratic, with the Los Angeles Dodgers right-hander displaying a powerful arm but also a wild streak that limited his outing to three innings at the Tokyo Dome

Ohtani and the Dodgers keep the Cubs and their rich history in the shadows in Japan

Chicago Cubs fans take pride in being underdogs, a role that ended briefly when they won the World Series in 2016 to end a 107-year drought between championships

A 10-year-old boy in Tokyo ended up with Shohei Ohtani's first home run of the season

Sota Fujimori is the luckiest 10-year-old in Japan

Stock market today: Wall Street rises ahead of Fed announcement

U.S. stock indexes are rising as Wall Street waits to hear what the Federal Reserve will say about where interest rates may be heading

Takeaways from the AP's report on how USAID cuts are imperiling Agent Orange cleanup

A multi-year cleanup at a former U.S. air base in Vietnam was abruptly halted when the Trump administration cut funding, leaving tons of dioxin-contaminated soil exposed

French foreign minister plans visit to China, says tariff-hit cognac lobby

France's foreign minister is planning a two-day visit to China on March 27 and 28, the head of cognac lobby group BNIC said on Wednesday, repeating calls for an easing of trade

China ends two-year ban on Argentina poultry imports

China has lifted a two-year ban on poultry imports from Argentina, reopening a key supply channel amid a tit-for-tat trade war with the United States that has led to steep tariffs

Malaysia agrees terms for restarting MH370 wreckage search

Malaysia has agreed to terms and conditions of an agreement with exploration firm Ocean Infinity to resume the search for the wreckage of the missing Malaysia Airlines flight

Philippines eyes expansion of Squad group to India, South Korea

The Philippines and its allies are trying to expand the Squad grouping of nations to include India and South Korea to counter China in the Indo-Pacific region, the