The market put more weight on the rise in the US ISM manufacturing survey than the downward revision to the manufacturing PMI and the unexpected back-to-back decline in construction spending. US rates shot up and...
Health and cost-of-living crises have disproportionately affected the poor and women in developing Asian countries, hurting their chances of long-term improvement. Higher inflation coupled with the COVID-19 pandemic pushed nearly 68 million people in Asia into extreme poverty...
Perhaps it was the extent of First Republic Bank’s loss of deposits that were reported with earnings yesterday, but risk appetites dried up today. Asia Pacific equities were trounced outside Japan today. Hong Kong and...
The EU wants to champion “green agriculture” in Southeast Asia. But limited trade relations, regulatory nightmares and distrust could stymie it. As manufacturing and tourism collapsed in the three years of the COVID-19 pandemic, several Southeast Asian governments...
The US and Taiwan seem willing to set aside bilateral trade irritants and boost commercial ties as relations with China deteriorate. The United States announced on Wednesday that it will begin formal negotiations with Taiwan on...
Russia’s brutality as it re-positioned forces in Ukraine and China’s move to ease the clash with US auditors dominate the news. Hong Kong tech stocks rallied on the news while mainland markets are closed today...
Governments in Asia are planning 600 new coal plants that could lose investors $150 billion and derail efforts to limit temperature rise in line with climate targets, according to a new report. But why? In...
The region was an exception in a year that saw foreign investments crash to greater depths than after the 2009 global financial crisis. The steep fall could have painful implications for Africa’s industrialization bid. Foreign...
Goa, a western coastal state and major tourist destination, is welcoming visitors after months under a COVID-19 lockdown. But the comeback has been slow, and often painful. The coronavirus pandemic has wreaked havoc on the...
The recovery in equities stalled, and the risk-off mood has helped lift the US dollar, which had been trending lower. Taiwan and Malaysia were notable exceptions in the Asia Pacific regions to the heavier equity...
The Swedish startup has announced the German automaker will invest heavily in two new battery plants. The factories, located in Sweden and Germany, are intended to compete with Tesla and Asian suppliers. Northvolt, a Swedish...
Imports by China and other emerging Asian economies in December plunged to the lowest level in two years, in the steepest one-month plunge since 2008, after having already plunged in November, according to the Merchandise...