Asia Economy
Diplomatic spat between Tokyo and Beijing threatens Japan’s already fragile economy
Oleksii Liskonih | Istock | Getty Images Japan’s fragile economy, already hurt by U.S. tariffs and declining investments in property, faces another hit due to the diplomatic spat between Tokyo and Beijing. Miffed over Japanese Prime Minister Sanae Takaichi’s comments related to Taiwan, China on Friday advised its citizens against travelling to the country. Japanese […]
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India’s goods trade deficit in October shatters records, beating estimates, as gold imports surge 200%
A broadcast screen at the Bombay Stock Exchange (BSE) in Mumbai, India, on April 3, 2025, displays news of U.S. President Donald Trump announcing sweeping new trade tariffs. Nurphoto | Nurphoto | Getty Images India’s goods trade deficit hit an all-time high of $41.7 billion in October as gold imports surged on festive season demand, […]
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China seeks more cooperation with Russia in energy, agriculture
Russia’s Prime Minister Mikhail Mishustin shakes hands with Chinese Premier Li Qiang during a meeting in Moscow on Nov. 17, 2025. Alexander Miridonov | Afp | Getty Images China is ready to deepen cooperation with Russia in energy, agriculture and other investments, Premier Li Qiang said during a meeting with Russian Prime Minister Mikhail Mishustin in Moscow on Monday. Li told Mishustin that China welcomes more agricultural and […]
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Asia-Pacific markets fall, tracking Wall Street declines on tech losses and AI jitters
Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural styles George Pachantouris | Moment | Getty Images Asia-Pacific markets fell Tuesday, following a tech-led slide on Wall Street. Japan’s benchmark Nikkei 225 slid 0.92%, while the Topix declined 0.6%. South Korea’s Kospi was 0.64% lower while the small-cap Kosdaq slid 0.58%. Futures […]
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China slow-walks U.S. soybean purchases as stockpiles hit multi-year highs, undermining Trump’s trade deal claims
China’s imports of U.S. soybeans have shown little sign of rebounding as Beijing’s stockpiles swelled to their highest levels in years, undermining U.S. President Donald Trump’s claims that a recent trade truce would spur major new Chinese purchases. China, the world’s largest consumer of soybeans, has built up a glut of supplies after months of […]
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India deepens energy trade with U.S. to mend trade relations amid tariff strain
A man pushes a tricycle loaded with LPG cylinders on the road below the Adani signage in Mumbai. US based Hindenburg Research firm’s allegation on fraud by Adani Enterprise has sparked political debate in India by the opposition parties. Sopa Images | Lightrocket | Getty Images India is ramping up its energy imports from the […]
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Asia-Pacific markets trade mixed as investors assess intensifying China-Japan tensions
An electronic quotation board displays the Nikkei 225 stock prices on the Tokyo stock Exchange in Tokyo on Nov. 5, 2025. Greg Baker | Afp | Getty Images Asia-Pacific markets traded mixed on Monday as investors assessed rising friction between Japan and China after Beijing warned its citizens about travel and study plans in Japan. […]
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Japan’s economy contracts less than expected in third quarter, helped by consumption
Tokyo, Japan skyline with the Tokyo Tower Chunyip Wong | E+ | Getty Images Japan’s economy contracted by a smaller-than-expected 0.4% in the quarter ended September compared to the previous three months, helped by both private and government consumption. Economists polled by Reuters had expected a 0.6% decline. On an annualized basis, Japan’s GDP for […]
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Forget the China gloom — luxury bosses say shoppers are back
People walk past a Prada storefront located in a modern shopping complex on January 26, 2025, in Chongqing, China. Cheng Xin | Getty Images News | Getty Images Chinese shoppers are returning to luxury. Top executives from Prada, Coach, EssilorLuxottica and Value Retail told CNBC they’re seeing demand in China stabilize after months of weakness, […]
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What now for peak oil? Unpacking a surprise twist in the fossil fuel feud
A worker inspects the outdoor gas pipes at the underground gas storage facility operated by Gas Storage CZ AS, in Haje, Czech Republic, on Friday, Jan. 3, 2025. Bloomberg | Bloomberg | Getty Images The International Energy Agency’s latest outlook signals that oil demand could keep growing through to the middle of the century, reflecting […]
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