Asia Economy
Japan and Brazil vow to bolster strategic ties as security and trade worries rise
Brazil’s President Luiz Inacio Lula da Silva (L) walks with Japan’s Emperor Naruhito (R) during a welcoming ceremony at the Imperial Palace in Tokyo on March 25, 2025. Yoshikazu Tsuno | Afp | Getty Images Japan and Brazil on Wednesday agreed to establish a framework for foreign policy and defense exchanges during a state visit […]
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China’s industrial profits slip at start of the year as deflationary pressures, tariff risks mount
YICHUN, CHINA – FEBRUARY 06: Mechanical arms work on the production line of electronic products for new-energy vehicles in an intelligent workshop at a factory in the high-tech industrial park on February 6, 2025 in Fengcheng, Jiangxi Province of China. Zhu Haipeng | Visual China Group | Getty Images China’s industrial profits slipped in the […]
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Asia-Pacific markets track Wall Street declines as Trump unveils tariffs on auto imports
The direction of average tariff rates is up, Barclays says Whether President Trump will indeed soften his approach to tariffs as he has recently suggested is uncertain, but one thing that is clear is that average tariff rates are rising, according to Barclays. “We think the direction of travel is clear: average tariff rates are […]
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U.S. blacklists over 50 Chinese companies in bid to curb Beijing’s AI, chip capabilities
William_potter | Istock | Getty Images The U.S. on Tuesday added dozens of Chinese tech companies to its export blacklist in its first such effort under the Donald Trump administration, as it doubles down on curtailing Beijing’s artificial intelligence and advanced computing capabilities. The U.S. Department of Commerce’s Bureau of Industry and Security added 80 […]
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Thailand prime minister survives no-confidence vote in parliament
Thailand’s Prime Minister Paetongtarn Shinawatra (R) attends the first day of a no-confidence debate, at the Thai Parliament in Bangkok on March 24, 2025. Chanakarn Laosarakham | Afp | Getty Images Thailand’s Prime Minister Paetongtarn Shinawatra survived a no-confidence vote today, after the country’s main opposition reportedly accused her of being unqualified and allowing her […]
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Asia markets set for higher open after Wall Street extends gains on hopes of softer Trump tariffs
pedestrians walking across with crowded traffic at Shibuya crossing square.Shibuya crossing is the busiest road crossing in the world. Shibuya, Tokyo, Japan, Jaczhou | E+ | Getty Images Asia-Pacific markets were set to open higher Wednesday, tracking Wall Street gains on expectations that U.S. President Donald Trump’s tariffs could be softer than expected earlier. Australia’s […]
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Chinese EV giant BYD outpaces Tesla with annual sales of more than $100 billion
EV cars are pictured inside BYD’s first electric vehicle (EV) factory in Southeast Asia, a fast-growing regional EV market where it has become the dominant player, in Rayong, Thailand, July 4, 2024. Chalinee Thirasupa | Reuters Chinese automaker BYD reported annual revenue of 777 billion yuan ($107 billion) for 2024, leapfrogging U.S. rival Tesla as […]
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Asia-Pacific markets set to open mixed after Wall Street rallies on expectations of softer tariffs
Tien Nguyen | 500px Plus | Getty Images Asia-Pacific markets were set to open mixed Tuesday, after Wall Street gained on hopes that U.S. President Donald Trump’s tariffs could be be softer than expected. Australia’s S&P/ASX 200 started the day 0.63% higher. The country’s budget will be tabled by Treasurer Jim Chalmers later in the day. […]
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Singapore inflation hits four-year low, below average MAS forecast for 2025
Signage for the Monetary Authority of Singapore is displayed outside the central bank’s headquarters in Singapore, on October 22, 2019. Singapore’s central bank tightened its monetary policy on Thursday, saying the widely forecast move will slow the inflation momentum. Ore Huiying | Bloomberg | Getty Images Singapore’s consumer price index grew 0.9% year on year […]
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South Korea’s Prime Minister Han Duck-soo’s impeachment struck down by Constitutional Court
Han Duck-soo, South Korea’s prime minister and acting president, speaks during a news conference after lawmakers passed a motion to impeach South Korean President Yoon Suk Yeol in Seoul, South Korea, on Dec. 14, 2024. Bloomberg | Bloomberg | Getty Images South Korea’s Prime Minister Han Duck-soo’s impeachment was struck down by the country’s Constitutional […]
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