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  • The Detroit of Asia now wants a shot at EVs Sep 26, 2022 06:59 AM IST

    The Detroit of Asia now wants a shot at EVs

    That position earned Thailand the moniker “the Detroit of Asia,” and with it came a comprehensive supply chain to feed the production of traditional internal combustion engines.

  • Goldman Sachs lays off 25 bankers in Asia: Report Sep 22, 2022 10:45 AM IST

    Goldman Sachs lays off 25 bankers in Asia: Report

    The job cuts, which span across the bank's equity capital markets, health care, and telecommunication, media and technology teams in Asia mostly impacted junior level bankers involved in deals in Greater China, the Bloomberg report said.

  • Asian stocks creep higher as focus turns to US inflation data Sep 13, 2022 08:00 AM IST

    Asian stocks creep higher as focus turns to US inflation data

    Wall Street indexes posted a fourth straight session of gains overnight, while the U.S. dollar retreated further from milestone highs - partly on hopes that the prices data, due at 1230 GMT, might offer another signal that inflation has peaked.

  • Asia stocks rally, dollar restrained before inflation test Sep 12, 2022 06:25 AM IST

    Asia stocks rally, dollar restrained before inflation test

    Holidays in China and South Korea made for slow trading, while traders were unsure what implications Ukraine's surprising success against Russian forces might have.

  • Xi Jinping to meet Vladimir Putin in first trip outside China since COVID began Sep 11, 2022 06:21 PM IST

    Xi Jinping to meet Vladimir Putin in first trip outside China since COVID began

    The trip, Xi's first abroad since the start of the COVID-19 pandemic, shows just how confident he is about his grip on power in China and just how perilous the global situation has become.

  • Here's what Asia's rich are betting on as global risks grow Sep 07, 2022 10:57 AM IST

    Here's what Asia's rich are betting on as global risks grow

    People with more than $1 million of investable funds are repositioning toward private markets to shield their assets from market volatility, Lombard Odier’s 2022 study about high net-worth individuals in Asia Pacific found.

  • Factory slowdown in Europe, Asia sounds warning for global trade Sep 01, 2022 02:25 PM IST

    Factory slowdown in Europe, Asia sounds warning for global trade

    The purchasing managers index for the 19-nation euro zone slipped to 49.6 in August from 49.8 in July, according to S&P Global -- a reflection of dwindling demand as consumers face surging costs for energy and a broadening range of goods and services.

  • Global energy crisis spurs revival of nuclear power in Asia Aug 27, 2022 06:17 AM IST

    Global energy crisis spurs revival of nuclear power in Asia

    Governments in Japan and South Korea are removing anti-nuclear policies, while China and India are looking to build more reactors to avoid future supply shortages and curb emissions

  • India an emerging power on global scale and a regional power in Asia: Jaishankar Aug 23, 2022 07:06 AM IST

    India an emerging power on global scale and a regional power in Asia: Jaishankar

    Jaishankar, who is on his first-ever official visit to South America aimed at boosting overall bilateral ties with the region, also said that India is one of the world's most dynamic economies, which has experienced tremendous growth in recent years.

  • This week in pictures: The most stunning images from Asia Aug 19, 2022 01:59 PM IST

    This week in pictures: The most stunning images from Asia

    This week in pictures: Compelling images from Asia

  • Asian markets drop as Fed minutes cause fresh rate hike woe Aug 18, 2022 09:09 AM IST

    Asian markets drop as Fed minutes cause fresh rate hike woe

    While policymakers said they would eventually have to start tempering their tightening pace, they said they would keep borrowing costs elevated "for some time," though admitted there was a risk of going too far and damaging the economy.

  • Asia gas prices surge to highest since war began on fuel crunch Aug 17, 2022 11:54 AM IST

    Asia gas prices surge to highest since war began on fuel crunch

    The Asian benchmark spot LNG price jumped close to $60 per million British thermal units on Tuesday, the highest level since early March when Russia’s invasion of Ukraine upended energy markets.

  • Western countries want to extend NATO-like system to the Asia-Pacific region: Vladimir Putin Aug 16, 2022 12:58 PM IST

    Western countries want to extend NATO-like system to the Asia-Pacific region: Vladimir Putin

    Delivering the welcome address at the Moscow international security conference, Putin said that the United States was trying to "drag out" the conflict in Ukraine, and that U.S. House of Representatives Speaker Nancy Pelosi's visit to Taiwan earlier this month had been "a thoroughly planned provocation".

  • This week in pictures: The most stunning images from Asia Aug 12, 2022 05:09 PM IST

    This week in pictures: The most stunning images from Asia

    This week in pictures: Compelling images from Asia

  • Asian stocks fall on nagging Fed rate hike worries Aug 12, 2022 09:42 AM IST

    Asian stocks fall on nagging Fed rate hike worries

    MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.10%, and Australia's AXJO was down 0.62%.

  • Asia stocks wobble as focus turns to US inflation data, Fed outlook Aug 09, 2022 09:08 AM IST

    Asia stocks wobble as focus turns to US inflation data, Fed outlook

    The unexpectedly strong U.S. jobs data on Friday have raised the stakes for the July U.S. consumer prices report due on Wednesday, especially for the Fed's policy outlook.

  • Asia shares subdued, dollar encouraged by US rate risk Aug 08, 2022 06:17 AM IST

    Asia shares subdued, dollar encouraged by US rate risk

    Markets quickly moved to price around a 70% chance the Federal Reserve will lift rates by 75 basis points in September, sending two-year yields up 20 basis points on Friday and further inverting the curve.

  • Asian stocks rise on upbeat data, Fed hawks lift dollar Aug 04, 2022 09:07 AM IST

    Asian stocks rise on upbeat data, Fed hawks lift dollar

    The dollar hovered near its highest this week after Federal Reserve officials continued to stress that policy tightening is far from over. However, Treasury yields remained down from two-week highs as investors stayed sidelined ahead of employment data this week that will guide the path of interest rates.

  • Asian stocks gain as investors weigh risk from Nancy Pelosi Taiwan visit Aug 03, 2022 12:07 PM IST

    Asian stocks gain as investors weigh risk from Nancy Pelosi Taiwan visit

    Bond yields were also helped as demand for the safest assets eased despite heightened tensions between the United States and China, which views Taiwan as a breakaway province.

  • Asian unicorns are trading 40% cheaper in private markets Aug 02, 2022 07:57 AM IST

    Asian unicorns are trading 40% cheaper in private markets

    The affected billion-dollar companies range from financial technology and e-commerce to mobility and consumer, according to AJ Patel, a senior member of the venture capital secondaries team of the Toronto-based advisory firm Setter Capital.

  • World factory outlook darkens with weakening from Europe to Asia Aug 01, 2022 03:10 PM IST

    World factory outlook darkens with weakening from Europe to Asia

    Purchasing managers’ indexes for the euro area’s four largest members all indicated contraction, with shrinking confirmed for the region as a whole after an initial estimate on July 22. In Asia, it was China, South Korea and Taiwan that took the biggest hit.

  • Nancy Pelosi begins closely-watched Asia tour in Singapore Aug 01, 2022 11:16 AM IST

    Nancy Pelosi begins closely-watched Asia tour in Singapore

    On Sunday, Pelosi's office announced that she was leading a Congressional delegation to the region that would include visits to Singapore, Malaysia, South Korea and Japan. It made no mention of Taiwan.

  • Asia shares off to sluggish start, China data soft Aug 01, 2022 06:45 AM IST

    Asia shares off to sluggish start, China data soft

    China's factory activity actually contracted in July as fresh virus flare-ups weighed on demand. The official manufacturing purchasing managers' Index (PMI) fell to 49.0 in July, missing forecasts for 50.4.

  • Decade of low inflation is ending for emerging Asia, warns Moody’s Jul 27, 2022 09:00 AM IST

    Decade of low inflation is ending for emerging Asia, warns Moody’s

    Emerging economies of Asia are about to face a surge in retail inflation to levels not seen for a decade. The rising inflation pressure has already forced the central banks across Asia spring into action with rate hikes

  • Fed hike will intensify market risks for Asia’s central banks Jul 27, 2022 07:36 AM IST

    Fed hike will intensify market risks for Asia’s central banks

    An analysis of policy rates in Asia Pacific versus their five-year averages shows a high degree of vulnerability across the region, as does an examination of interest rates adjusted for inflation, and yield spreads versus US Treasuries.

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