Asia Economy
Why Asia is leading the way in stablecoin adoption
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Asia Pacific is leading the world in stablecoin activity, with over a trillion dollars worth of stablecoins moving in, out and within the region in 2024, according to an International Monetary Fund working paper. So, what’s driving Asia’s stablecoin surge? Source
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Auto industry raises the alarm as China tightens export rules for rare earths
Workers assemble an Volkswagen’s ID.3 GTX FIRE+ICE electric car on a production line at the Volkswagen electric car factory on October 13, 2025 in Zwickau, Germany. Jens Schlueter | Getty Images News | Getty Images Automotive industry groups have raised the alarm over the ramifications of China’s latest move to restrict critical rare earth exports, […]
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Chinese firms pull back from listing in the U.S. as Hong Kong IPOs see a surge
Chinese companies have pulled back from listing in the U.S. this year in a clear pivot to Hong Kong amid rising tensions between Beijing and Washington, and higher regulatory thresholds in New York. Chinese initial public offerings in the U.S. have slumped 4% year-on-year in terms of deal value so far this year, raising just […]
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China consumer prices drop more than expected in September, staying in deflationary territory
Pedestrians pass a Huawei Technologies Co. flagship store in Shenzhen, China, on Wednesday, Oct. 8, 2025. Qilai Shen | Bloomberg | Getty Images China’s consumer prices fell more than expected in September, while the deflation in producer prices persisted, underscoring the impact of sluggish domestic demand and trade worries on consumer and business sentiment. The […]
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Asia markets set for higher open, breaking ranks with Wall Street’s declines on renewed U.S.-China trade feud
SHANGHAI, CHINA – AUGUST 14, 2025 – Tourists are visiting the Bund in Shanghai, China on August 14, 2025. Cfoto | Future Publishing | Getty Images Asia-Pacific markets were set to open higher Wednesday, breaking ranks with Wall Street’s declines after U.S. and China exchanged blows in a renewed trade feud. U.S. President Donald Trump […]
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China targets five U.S. subsidiaries of South Korea’s Hanwha Ocean, sending shares down 8%
A hull section that will be sent to the final assembly base is loaded onto a semi-submersible vessel at Hanwha Marine Engineering (Shandong) Co LTD in Yantai, China, on September 16, 2024. Costfoto | Nurphoto | Getty Images Shares of South Korean shipbuilder Hanwha Ocean fell more than 8% Tuesday after China sanctioned five of […]
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PayPay valuation could exceed $20 billion in planned December U.S. IPO, sources say: Reuters
Investors expect the valuation of PayPay could exceed 3 trillion yen ($20 billion) as SoftBank 9984.T prepares for an initial public offering of the Japanese payments app operator in the United States as early as December, according to two sources. Sopa Images | Lightrocket | Getty Images Investors expect the valuation of PayPay could exceed 3 trillion yen ($20 billion) as SoftBank prepares for an initial public offering of the Japanese payments app […]
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Tata Electronics acquires Chinese iPhone supplier Justech’s India unit for about $100 million, sources say
Key Points Tata Electronics has acquired Chinese industrial firm Justech Precision’s India unit for close to $100 million, according to two people familiar with the matter. Tata Electronics has sought to expand iPhone manufacturing capacity as Apple reportedly aims to make all of the iPhones for the U.S. market in India by end-2026. Apple is […]
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Coffee and ‘chili crab’ ice cream: How luxury fashion brands are capturing Asian consumers
A corduroy Ralph Lauren letter jacket at the brand’s store in Singapore retails for around $900 Singapore dollars ($693). But a vanilla latte in its cafe? A comparative steal at SG$9. From Ralph Lauren to Coach, Louis Vuitton, Dior and Prada, clothing and luxury brands are opening stores in Asia to connect with consumers who […]
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Asia-Pacific markets trade mixed as China port fees on U.S. ships set to kick in
SHANGHAI, CHINA – JUNE 08: Aerial view of skyscrapers standing at the Lujiazui Financial District at sunrise on June 8, 2022 in Shanghai, China. Vcg | Visual China Group | Getty Images Asia-Pacific markets traded mixed Tuesday, breaking ranks with Wall Street that soared after U.S. President Donald Trump softened his stance on China. Following […]
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