Asia Economy
New Delhi remains focused on economy despite tensions with Pakistan: India ambassador to Singapore
Motorists drive past as clouds gather over city skyline in Mumbai on September 26, 2024. (Photo by Punit PARANJPE / AFP) (Photo by PUNIT PARANJPE/AFP via Getty Images) Punit Paranjpe | Afp | Getty Images India continues to focus on its growth despite the flare up in tensions with Pakistan, said Shilpak Ambule, the country’s […]
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Investment banks lift China growth outlook after surprise trade deal with U.S.
The Chinese national flag fluttering with the Lujiazui Financial District in the background. Vcg | Visual China Group | Getty Images Financial institutions are rethinking their China calls after a surprise trade truce between Washington and Beijing, raising both the country’s growth forecasts as well as stock market outlooks. On Monday, the U.S. and China […]
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Asia-Pacific markets climb after massive rally on Wall Street on U.S.-China trade deal
This photo was shot from Varanasi, India in the morning. The soft sun light touch the old building along the ganga river. “n”nVaranasi is a North Indian city on the banks of the Ganges in Uttar Pradesh. It is one of the oldest continuously inhabited cities in the world. The spiritual capital of India, it […]
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Nissan to cut over 10,000 more jobs globally, NHK reports
A brand new Nissan car is displayed on the sales lot at Golden State Nissan on March 26, 2025 in Colma, California. Justin Sullivan | Getty Images Nissan Motor will additionally slash more than 10,000 jobs globally, bringing the total cuts including previously announced layoffs to about 20,000 or 15% of its workforce, Japan’s public […]
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Asia-Pacific markets poised to mostly rise over optimism of de-escalation in U.S.-China trade tensions
The Kannai and Chukagai district at night, the hub of Yokohama’s Chinese district and thriving Chinatown entertainment and business district, full of shops, cafes, and restaurants. Copyright Artem Vorobiev | Moment | Getty Images Asia-Pacific markets are set to mostly rise Monday over optimism that U.S.-China trade tensions could de-escalate following the superpowers’ talks in […]
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Disney, Abu Dhabi and a growing theme park capital at ‘crossroads’ of world
Ferrari World building in Abu Dhabi, United Arab Emirates on December 2nd, 2023. Nurphoto | Nurphoto | Getty Images Disney’s announcement last week that its newest theme park will be in Abu Dhabi offers further confirmation of the status of the United Arab Emirates as a global consumer crossroads located in the Middle East. At the […]
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Pakistan minister denies nuclear body meeting after offensive launched on India
Pakistani security forces are seen outside Nur Khan Air Base, where an Indian missiles struck in Rawalpindi, Pakistan, on May 10, 2025. Anadolu | Anadolu | Getty Images Pakistan’s Defence Minister Khawaja Asif said no meeting of the National Command Authority, the top military and civil body overseeing the country’s nuclear arsenal, had been scheduled […]
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China’s shipments to U.S. plunge 21% in April while overall exports surge, beating estimates
A China Shipping cargo container sits stacked at the Port of Long Beach in Long Beach, California on April 10, 2025. Patrick T. Fallon | Afp | Getty Images China’s exports surged in April even as shipments to the U.S. plunged as businesses bore the brunt of prohibitive U.S. tariffs that kicked in last month. […]
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Asia-Pacific stocks trade mixed as investors await China trade data
The view of Nanjing Road East Pedestrian Mall, the main shopping street in Shanghai. Bruce Yuanyue Bi | The Image Bank | Getty Images Asia-Pacific markets were mixed Friday as investors awaited China’s April trade data amid worries of a significant slowdown in exports growth due to U.S tariffs. Economists polled by Reuters estimate outbound […]
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China’s latest stimulus measures fail to impress as investors focus on U.S. trade talks
Shoppers pass an Hermes store, operated by Hermes International SCA, in Beijing, China, on Thursday, May 1, 2025. Na Bian | Bloomberg | Getty Images China’s latest push to revive growth with broader stimulus measures has failed to cheer its stock market as worries over economic deterioration outweigh policy optimism, with investors focused on trade […]
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