Asia Economy

Why Indian markets are undeterred by strikes against Pakistan
World

Why Indian markets are undeterred by strikes against Pakistan

Pakistani soldiers take security measures around the city as the people panic during blackout after India launches strikes on Pakistan, in Muzaffarabad, Pakistan on May 7, 2025. Anadolu | Anadolu | Getty Images Investors are sticking with the India story, with optimism on its growth prospects dwarfing geopolitical fears. Indian markets shrugged off the latest […]

Read More
China to cut key rates by 10 points, bank reserve requirement by 50 points in bid to boost economy
World

China to cut key rates by 10 points, bank reserve requirement by 50 points in bid to boost economy

BEIJING, CHINA – MARCH 06: Pan Gongsheng, governor of the People’s Bank of China, attends a new conference on economy for the third session of the 14th National People’s Congress (NPC) on March 6, 2025 in Beijing, China. Visual China Group | Getty Images China’s central bank and financial regulators announced sweeping plans on Wednesday […]

Read More
Asia-Pacific markets set to mostly climb on U.S.-China trade talks
World

Asia-Pacific markets set to mostly climb on U.S.-China trade talks

Shipping containers and gantry cranes beyond a fishing boat near the Yangshan Deepwater Port in Shanghai, China, on Wednesday, Dec. 6, 2023. China’s trade figures are scheduled for release on Dec 7. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets are set to mostly climb Wednesday after reports that U.S. Treasury Secretary Scott Bessent and […]

Read More
Taiwan dollar eases after historic surge as officials deny currency talks with U.S.
World

Taiwan dollar eases after historic surge as officials deny currency talks with U.S.

Workers at a wet market count and return New Taiwan Dollar notes to customers, as Taiwan is expected to show positive GDP and economic growth, amid the covid-19 pandemic, in Taipei, Taiwan, 15 Aug 2021. Ceng Shou Yi | NurPhoto | Getty Images Taiwanese dollar pulled back Tuesday after a historic surge that saw it […]

Read More
Australia stocks open flat as investors assess trade developments in Asia-Pacific
World

Australia stocks open flat as investors assess trade developments in Asia-Pacific

SHANGHAI, CHINA – APRIL 29: Pedestrians walk by lampposts decorated with Chinese national flags prior to May Day holiday on April 29, 2025 in Shanghai, China. (Photo by Wang Gang/VCG via Getty Images) Vcg | Visual China Group | Getty Images Australia stocks opened flat Tuesday as investors assessed trade developments between the U.S. and […]

Read More
Australian markets set to rally after Prime Minister Albanese’s reelection; most Asian markets closed for holiday
World

Australian markets set to rally after Prime Minister Albanese’s reelection; most Asian markets closed for holiday

Waterfront city skyline of Sydney city downtown at night with bright illumination of modern architectural landmarks in Sydney, Australia. Prasit Photo | Moment | Getty Images Australian markets were set to rally Monday following Prime Minister Anthony Albanese’s reelection for a second term, while most Asian markets were closed for a holiday. He is the […]

Read More
Australia’s reelected government says U.S.-China tussle a top priority
World

Australia’s reelected government says U.S.-China tussle a top priority

Australia’s Treasurer Jim Chalmers in Canberra, on May 15, 2024. Tracey Nearmy | Getty Images News | Getty Images Australia’s government will prioritize dealing with the “dark shadow” of the U.S.-China trade war following its resounding reelection victory, Treasurer Jim Chalmers said on Sunday, after a campaign that highlighted concerns over U.S. trade policy and […]

Read More
Singapore’s Wong retains power as ruling People Action Party boosts vote share in landslide victory
World

Singapore’s Wong retains power as ruling People Action Party boosts vote share in landslide victory

Singapore Prime Minister Lawrence Wong of the People’s Action Party (PAP) waves to supporters as he celebrates at the party’s gathering centre during the general election results, in Singapore on May 3, 2025. Singapore’s ruling party headed for a crushing victory at general elections on May 3, sample counts showed, with voters giving Prime Minister […]

Read More
Here’s how China could retaliate against U.S. tariffs
World

Here’s how China could retaliate against U.S. tariffs

China is the world’s second-largest economy and second-largest importer of U.S. goods. Entities in China hold at least $784 billion in U.S. federal debt. The country also controls much of the world’s rare element supply, which is vital for manufacturing technology. China could weaponize these assets if an all-out trade war breaks out, to the […]

Read More
Mongolia’s ‘ambitious’ plan could boost tourism to 10% of GDP by 2030, says minister
Travel

Mongolia’s ‘ambitious’ plan could boost tourism to 10% of GDP by 2030, says minister

Tourism could comprise 10% of Mongolia’s gross domestic product if the country can attract 2 million annual tourists by 2030, the country’s tourism minister told CNBC Wednesday.   “We have a big, ambitious kind of goal, which is about 2 million tourists by 2030, which will be around a $4 billion contribution towards our GDP,” […]

Read More