Land Cruisers were the most listed restricted Japanese vehicle model on a Russia auto website. (Screenshot from Business Car; VIN partly redacted)
Trade

Russia-sanctions loopholes let in Land Cruisers, Mercedes SUVs

Over 2,000 new-model Japanese and German cars listed on Russian online dealer

15 December 2024
Passengers line up at Manila's Ninoy Aquino International Airport: The Philippines welcomed 4.92 million foreign tourists from January to November this year.
Economy

Philippines to offer VAT refunds to boost tourism sector

President Marcos expects visitors' spending to rise as much as 30%

14 December 2024
U.S. President-elect Donald Trump has pledged to impose 25% tariffs on Mexican and Canadian imports and an additional 10% duty on goods from China.
Trump administration

Trump tariffs seen backfiring with 1% hit to U.S. GDP: Nikkei analysis

Japan likely to receive 0.2% boost, and ASEAN members also to benefit

14 December 2024
The Chinese government issued policy guidelines to raise consumption and boost the birth rate in 2025 during the annual Central Economic Work Conference on Dec. 12.
Economy

Chinese stocks fall after key economic conference disappoints

Benchmark falls nearly 2% while long-term bond yields hit new low

13 December 2024
A woman and a child wearing MAGA hats attend a campaign rally held by Donald Trump in Asheboro, North Carolina, on Aug 21.
Opinion

Decoding Trump II for Southeast Asia

For ASEAN economies, the stage is set for geoeconomic bargaining and negotiation

13 December 2024
The Bank of Japan's Tankan survey is one of the key economic indicators that impact the central bank's monetary policy decisions. (Photo by Nanami Sato)
Bank of Japan

Japan business mood rises for the first time in 2 quarters: BOJ Tankan

Sentiments among manufacturers go up, while service sector falls

13 December 2024
"The disinflation process is well on track," ECB President Christine Lagarde told a press conference." 
Economy

ECB cuts rates again, keeps door open to further easing

Lagarde warns that trade frictions could weigh on growth

13 December 2024
China's planners are looking to support the economy in 2025 as the return of Donald Trump as U.S. president poses a new challenge.
Economy

China pledges to 'expand domestic demand' at economic conference

Closely watched meeting sets policy tone for 2025, with vow to raise fiscal deficit

12 December 2024
Nvidia has promised supply fidelity to its customers in China. 
Semiconductors

Nvidia denies rumours it will cut supplies to China

Pledged to continue supplying quality products and services

12 December 2024
Lobsters are served in Fuyang, China: Canberra and Beijing are still discussing terms to end China's ban on Australian lobster. (Sipa via AP Images)
Trade

China still in talks with Australia over ending lobster import ban

Beijing says sides will resolve concerns, letting exporters restart shipments

12 December 2024
Raw rubber is extracted from a tree in Thailand's province of Narathiwat near the Thai-Malaysian border. (Sipa via AP Images)
Trade

Malaysia to export 1st batch of sustainably certified rubber to EU

Two companies to ship 100 tonnes each to Netherlands, Slovakia

12 December 2024
Poppy harvesting near Loikaw in Kayah state, Myanmar. The country has cemented its position as the world's leading source of opium, the U.N. said in a report published Dec. 12.
Myanmar Crisis

Myanmar leads world in opium output as economy founders: U.N.

Survey warns of possible increase after Afghan cultivation ban

12 December 2024
An elderly woman walks in the village of Wudaogang, in China's Heilongjiang province, in February 2023.
Economy

China to expand private pension scheme nationwide

Move follows trials in 36 cities as Beijing grapples with aging society

12 December 2024
Russian-made S125-2TM anti-aircraft missiles on display at a defense expo in 2022: Hanoi is trying to wean itself off Russian supplies as other countries vie to gain market share. (Photo by Kim Dung Tong)
Defense

Boeing to join Vietnam defense expo with drones and helicopters

Arms exhibition is key to Hanoi cutting reliance on old communist friend Russia

12 December 2024
Japan's benchmark Nikkei Stock Average topped the 40,000 mark intraday for the first time since Oct. 15. (Photo by Nanami Sato)
12 December 2024
Investors have snapped up luxury condominiums in central Tokyo, betting on further price rises. (Photo by Ryuju Funatsu)
Property

Buying a new condo in Japan costs 10 times average salary

Big-money property investors drive up housing market in Tokyo

12 December 2024
The U.S. and other countries have accused China of dumping clean energy technology. 
Trade

U.S. hikes tariffs on Chinese solar products

Latest duties come amid deteriorating trade relations with China

12 December 2024
Nasdaq is rallying on the outlook for a Fed rate cut, an analyst said.
Equities

Nasdaq closes above 20,000 for first time on tame U.S. inflation

Tesla shares hit record high, but insurers drag Dow lower

12 December 2024
A consumer shops in a New York City supermarket.
Economy

U.S. consumer prices edge up in November, largest gain in 7 months

0.3% monthly rise seen unlikely to prevent expected Fed rate cut next week

11 December 2024
A software engineer works on a facial recognition program that identifies people when they wear a face mask in Beijing. The U.S. fears that such technology can alter the nature of warfare.
Artificial intelligence

China AI military use spurs latest U.S. chip export controls, analysts say

Lessons from Ukraine and Israel show rapid escalation in speed and scale of combat

11 December 2024
Commuters walk in central Tokyo in October. Unusually warm weather dragged down consumers' spending on clothing in the month, according to JCER. (Photo by Yutaka Miyaguchi)
Economy

Japan's October GDP shrinks 0.1% on weak consumption: JCER

Warmer-than-usual weather dampened spending on clothing

11 December 2024
A worker walks past stacks of containers at Tanjung Priok port in Jakarta, Indonesia, on Feb. 3, 2023.
Opinion

Is there any upside for Southeast Asia's economies under Trump 2.0?

Jakarta fears U.S. pushing Indonesia into zero-sum game on trade

11 December 2024
Sanjay Malhotra speaks at an event in New Delhi on Dec. 4, a week before taking over as governor of the Reserve Bank of India. (India's Press Information Bureau/Handout via Reuters)
Economy

Indian central bank leadership reshuffle sparks rate cut speculation

New RBI chief seen as less hawkish on monetary policy than predecessor

11 December 2024
People wait in line to enter the Thai Embassy for visa appointments in Yangon on Feb. 20. Migration from Myanmar has risen sharply since the military government imposed conscription on young people in April.
Myanmar Crisis

Myanmar's crisis-torn economy to contract further, World Bank warns

Report calls on Thailand to improve its treatment of migrant workers

11 December 2024
A container terminal in Shanghai. The Asian Development bank now expects developing Asia to grow 4.9% in 2024 and 4.8% in 2025.
Economy

Asia to feel material impact of Trump policies in 2026, says ADB

Emerging region expected to grow 4.9% in 2024 and 4.8% in 2025

11 December 2024
Major foreign technology companies have played a large role in Japan's digital shift. (Photo by Yuji Murakami)
Economy

Japan's digital trade deficit heads for record high of over $39bn

Country embraces services from Google, Netflix but new value creation lags

11 December 2024
WHA is planning to build eight more industrial parks across Thailand and Vietnam. (WHA)
Trade war

Thailand's WHA plans new industrial parks with eye on Trump tariffs

Group prepares $1bn investment spree to tap supply chain shift away from China

11 December 2024
Trump's tariffs will deal a blow to Asian countries, which make up the top suppliers of foreign goods to the U.S., analysts say.
Economy

Trump tariffs define Wall Street's 2025 Asia growth forecasts

Levies will be the region's big 'known unknown' in the new year

10 December 2024
Protesters tear a banner representing the flag of the ruling People Power Party as they attend a rally calling for the impeachment of South Korean President Yoon Suk Yeol in front of PPP headquarters in Seoul on Dec. 9. 
South Korea leadership crisis

South Korean legislature passes motion to appoint special counsel for Yoon

Prosecutors, police and corruption office compete to probe embattled president

10 December 2024