Asia Economy
India’s state-owned refiners keep buying Russian oil even as New Delhi seeks U.S. tariff relief
An oil refinery, operated by Bharat Petroleum Corp., in Mumbai, India. Dhiraj Singh | Bloomberg | Getty Images State-owned refiners in India are still buying Russian oil, even as New Delhi seeks relief from U.S. tariffs imposed for those purchases, according to energy analysts. The U.S. imposed a “secondary” 25% tariff on Indian goods in […]
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Asian defense stocks pull back amid mixed regional trading, geopolitical uncertainty
Sydney Opera House, designed by Danish architect Mr Jorn Oberg Utzon, at first light as the sun rises over Sydney harbor and city center skyscrapers. Ucg | Universal Images Group | Getty Images Asian defense stocks snapped a two-day winning streak amid mixed trading in the region, as investors continued to assess geopolitical risks after […]
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‘Might makes right’? Why the U.S. strike on Venezuela won’t push China into a Taiwan gamble
Venezuelan President Nicolas Maduro (L) and China’s President Xi Jinping wave during a meeting in Miraflores Presidential Palace, in Caracas on July 20, 2014. Leo Ramirez | Afp | Getty Images The ancient Greek historian Thucydides once wrote that “the strong do what they can, and the weak suffer what they must.” On Jan. 3, […]
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Asia-Pacific markets set to open higher after U.S. captures Venezuela’s Maduro, oil slips
The skyline of Tokyo city, Japan. Tomohiro Ohsumi | Bloomberg | Getty Images Asia-Pacific markets were set to open higher Monday, after the U.S. attacked Venezuela and captured its leader Nicolas Maduro on Saturday, while oil prices edged lower amid uncertainty over the oil-rich country and risk premiums. Following the attack, Maduro and his wife, […]
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South Korea’s Lee begins China state visit after North fires missiles
South Korea’s President Lee Jae Myung (R) and his wife Kim Hea Kyung (L) board their plane to depart for China at Seoul Air Base in Seongnam on Jan. 4, 2026. Jung Yeon-je | Afp | Getty Images South Korean President Lee Jae Myung began a state visit to China on Sunday, hoping to promote peace on […]
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Singapore economy jumps 5.7% in fourth quarter, beating expectations on strong manufacturing
Singapore tops the list in the 2025 Global Talent Competitiveness Index by INSEAD and Portulans Institute. Calvin Chan Wai Meng | E+ | Getty Images Singapore’s economy expanded 5.7% year on year for the fourth quarter, driven mainly by a sharp increase in manufacturing output during the three months through December. The Ministry of Trade […]
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Asia-Pacific markets set to start 2026 on a mixed note
People celebrate the New Year at the Bank of China building in Central in Hong Kong, China, January 1, 2026. Lam Yik | Reuters Asia-Pacific markets are set to open mixed Friday to kick off the new year. All three major indexes in the U.S. pulled back on New Year’s Eve, but still clocked gains […]
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U.S. grants TSMC annual licence to import U.S. chipmaking tools into China
TSMC offices in San Jose, California, on April 18, 2024. Bloomberg | Bloomberg | Getty Images The U.S. government has granted an annual licence to Taiwan Semiconductor Manufacturing to import U.S. chip manufacturing equipment to its facilities in Nanjing, China, the chipmaker said on Thursday. The approval “ensures uninterrupted fab operations and product deliveries,” the […]
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China manufacturing activity expands for the first time since March, beating expectations
An employee works on the production line of power batteries and box chassis for new energy vehicles at a workshop on July 11, 2025 in Huaibei, Anhui Province of China. Li Xin | Visual China Group | Getty Images China’s economy ended the year on a slightly less gloomy note, as factory activity expanded in […]
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Asia-Pacific markets open lower in year-end trade
Lujiazui Business Districk in Pudong, Shanghai, China. Liqun Liu | Construction Photography | Hulton Archive | Getty Images Asia-Pacific markets fell on the holiday-shortened and final trading day of the year. Markets in Hong Kong and Australia will close early for the holidays, while Japan and South Korea are shut for the day. Australia’s S&P/ASX […]
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