Asia Economy
Singapore launches AI support measures, tax breaks in 2026 Budget
Singapore topped the list on the Economist Intelligence Unit’s business environment ranking. franckreporter | E+ | Getty Images Singapore launched a slew of schemes to harness artificial intelligence, including tax breaks for companies and support for workers to learn AI skills. Presenting the country’s Budget on Thursday, Prime Minister Lawrence Wong announced that Singapore will […]
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A year into Trump tariffs, Chinese factories and ports are buzzing with activity
HUZHOU, CHINA – JANUARY 27: An employee works on the beverage production line to meet the Spring Festival market demand at Leyuan Health Technology (Huzhou) Co., Ltd. on January 27, 2026 in Huzhou, Zhejiang Province of China. Wang Shucheng | Visual China Group | Getty Images A year after U.S. President Donald Trump’s tariffs spooked […]
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Zhipu leads rally in Chinese AI stocks, surging 30%, as a wave of new releases hits market
Information on Zhipu’s AI service on the web, dubbed Z.ai, arranged on a computer in Shanghai, Jan. 7, 2026. Raul Ariano | Bloomberg | Getty Images Chinese artificial intelligence stocks rallied Thursday as several companies unveiled upgraded models and top policymakers renewed calls for a broader adoption of the technology. Hong Kong-listed Zhipu AI — […]
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Japan stocks extend post-election rally with Nikkei 225 breaching 58,000 for the first time
Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural styles George Pachantouris | Moment | Getty Images Japan’s Nikkei 225 on Thursday hit 58,000 for the first time in history, extending its post-election rally to fresh highs, fueled by renewed confidence in domestic politics and the ruling administration’s economic agenda. The Topix […]
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Japanese stocks have been hitting record highs. But the rally may be ‘fragile’
Aerial view of Mt. Fuji, Tokyo Tower and modern skyscrapers in Tokyo on a sunny day. Yongyuan | E+ | Getty Images Japanese stocks have been hitting record highs on the back of renewed confidence in domestic politics and the ruling administration’s economic agenda, but experts warn of a disconnect between the stock market and […]
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Asia markets mostly rise as investors shrug off weak U.S. retail sales, assess China inflation
19 November 2025, China, Shanghai: Boats sail past downtown Shanghai on the Huangpu River. The tallest building on the skyline is the Shanghai Tower (rear). Bernd von Jutrczenka | Picture Alliance | Getty Images Asia-Pacific markets traded mostly higher Wednesday, continuing their rally despite AI fears and weak economic data spooking U.S. investors. The U.S. […]
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China consumer inflation rises less than expected in January as producer price deflation persists
Chinese consumers are experiencing “luxury shame” similar to what happened in the U.S. during the 2008-09 financial crisis, according to a June Bain and Company report. Jade Gao | Afp | Getty Images China’s consumer inflation rose less than expected in January while the deflation in producer prices persisted, in a sign of continued deflationary […]
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Hong Kong proceeds with stablecoin plans despite Beijing’s reservations
INDIA – 2025/05/22: In this photo illustration, a Bitcoin logo is seen displayed on a smartphone with the Hong Kong flag in the background. (Photo Illustration by Avishek Das/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Hong Kong’s central bank is pressing ahead with plans to issue an initial batch of […]
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‘Despicable and reprehensible’: China lashes out at UK expansion of visa scheme following Jimmy Lai conviction
Chinese Premier Li Qiang (L) and Britain’s Prime Minister Keir Starmer inspect a Chinese honour guard during a welcome ceremony at the Great Hall of the People in Beijing on January 29, 2026. Carl Court | Afp | Getty Images China’s embassy in London Tuesday criticized the U.K.’s decision to expand a visa program for […]
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South Korea’s largest defense firm Hanwha Aerospace slumps 6% as revenue, pre-tax profit miss estimates
A large screen displays images of Combat Unmanned Surface Vessels (USV) at the Hanwha exhibition stand during the Security Equipment International (DSEI) at London Excel on Sept.10, 2025 in London, England. John Keeble | Getty Images News | Getty Images Shares of South Korea’s largest defense firm Hanwha Aerospace plunged more than 6% Tuesday, after […]
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