Asia Economy

Australia keeps policy rate steady at 3.6% as inflation worries loom
World

Australia keeps policy rate steady at 3.6% as inflation worries loom

Michele Bullock, governor of the Reserve Bank of Australia (RBA), speaks during a press conference in Sydney, Australia, on Tuesday, July 8, 2025. Bloomberg | Bloomberg | Getty Images Australia’s central bank expectedly held benchmark policy rates at 3.6% on Tuesday as inflation in the country stays at its highest level in more than a […]

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China manufacturing activity picks up in September — official PMI still in contraction
World

China manufacturing activity picks up in September — official PMI still in contraction

A worker checks a finished vehicle on the production line for electric vehicle maker Zeekr at its factory on May 29, 2025 in Ningbo, China. Kevin Frayer | Getty Images News | Getty Images China’s official gauge for manufacturing activity showed a smaller-than-expected contraction in September as Beijing intensified its efforts aimed at curbing industrial […]

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Asia-Pacific markets set to open higher; Reserve Bank of Australia decision in spotlight
World

Asia-Pacific markets set to open higher; Reserve Bank of Australia decision in spotlight

Waterfront city skyline of Sydney city downtown at night with bright illumination of modern architectural landmarks in Sydney, Australia. Prasit Photo | Moment | Getty Images Asia-Pacific markets were set to open higher Tuesday with focus on the Reserve Bank of Australia’s interest rate decision later in the day. The RBA is expected to hold […]

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China’s industrial profits rebounded sharply in August. Here’s what powered that growth
World

China’s industrial profits rebounded sharply in August. Here’s what powered that growth

Employees work on photovoltaic cell modules, used in solar panels, at a factory which produces the modules for export to the US and Europe, in Lianyungang, in China’s eastern Jiangsu province on September 26, 2025. Afp | Getty Images China’s industrial profits soared in August as Beijing pressed ahead with efforts to rein in excess […]

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Asia markets trade mixed; Australia central bank starts two-day policy meeting
World

Asia markets trade mixed; Australia central bank starts two-day policy meeting

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 Asia-Pacific markets traded mixed Monday, while the Reserve Bank of Australia will kickstart its two-day policy meeting where it is expected to […]

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Trump’s H-1B visa fee could have one big winner: The Middle East
Politics

Trump’s H-1B visa fee could have one big winner: The Middle East

People walk on Creek Harbour as the Dubai skyline with Burj Khalifa, the world’s largest building (C) is seen in the background on February 5, 2025. Fadel Senna | Afp | Getty Images The Middle East could emerge as the major beneficiary of U.S. President Donald Trump’s plan for higher H-1B visa fees. The Gulf region’s […]

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Miracle under threat: South Korea’s birth rate collapse could undo decades of growth
World

Miracle under threat: South Korea’s birth rate collapse could undo decades of growth

In a photo taken on May 26, 2016 a mobility scooter sits parked before rice fields in Gunwi, some 200 kilometres south of Seoul. By 2030, a quarter of all South Koreans will be over 65 years old, and the overall population is expected to peak at around 52 million the same year before entering […]

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U.S. pharma tariffs spare India’s generic drugmakers — but leave investors jittery
World

U.S. pharma tariffs spare India’s generic drugmakers — but leave investors jittery

MUMBAI, INDIA – MARCH 3: A technician works at a Cipla laboratory March 3, 2002 in Vikhrohi, Mumbai, India. Jean-marc Giboux | 3rd Party – Misc | Getty Images Stocks of leading Indian drugmakers fell on Friday, even though the 100% U.S. tariffs on branded and patented drug imports are unlikely to affect these companies. […]

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How Canadian apparel brand Arc’teryx’s bold campaign spiraled into a PR cautionary tale
World

How Canadian apparel brand Arc’teryx’s bold campaign spiraled into a PR cautionary tale

SHANGHAI, CHINA – MARCH 27, 2025 – Pedestrians walk past a ARC’TERYX flagship store in Shanghai, China on March 27, 2025. Cfoto | Future Publishing | Getty Images Canadian outdoor apparel brand Arc’teryx’s bold fireworks campaign at the foothills of the Himalayas last Friday was meant to promote its commitment to nature. Within days, it […]

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Trump slaps 25% tariffs on heavy trucks imports, starting Oct. 1
World

Trump slaps 25% tariffs on heavy trucks imports, starting Oct. 1

In an aerial view, trucks line up to enter a shipping berth at the Port of Oakland on Aug. 26, 2025 in Oakland, California. Justin Sullivan | Getty Images U.S. President Donald Trump said Thursday night stateside that he would impose a 25% tariff on imported heavy trucks from Oct. 1, part of his broader […]

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