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Economy

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)
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
Sanjay Malhotra, who will take over as RBI governor, has worked for the government for decades. 
Economy

India names career civil servant Sanjay Malhotra as RBI governor

Six-year term of outgoing chief bank chief Shaktikanta Das ends Tuesday

9 December 2024
Women work amid rain waters in a cotton field, damaged during the monsoon season, in a village on the outskirts of Hyderabad, Pakistan, in 2022.
Economy

Pakistan's ancient cotton production declines, worsening trade deficit

Debt-ridden country expected to pay $2bn to import cotton as local output falls 33%

9 December 2024
People call for South Korean President Yoon Suk Yeol's resignation in Seoul on Dec. 4.
Your Week in Asia

South Korea turmoil, Asian Nobel winners, China's economic meeting

Your weekly lineup of Asia's biggest business and political events

8 December 2024
A fish market in Mumbai: Inflation has grown in India over the past few months. (Photo by Yuki Kohara)
Economy

India's central bank cuts full-year growth forecast to 6.6% from 7.2%

RBI keeps rate as inflation exceeds tolerance level

6 December 2024
Students walk out of the campus of Chongqing No. 29 Middle School, one of the local venues for the national college entrance exam in southwest China's Chongqing Municipality in June 2024. 
Opinion

An aging Asia must act now to prevent a pensions crisis

Saving and investing can ensure that retirement will be a reality for all

3 December 2024
Truong My Lan attends a trial in Ho Chi Minh City, Vietnam on Apr. 11. The property tycoon was sentenced to death after being convicted of financial fraud.
Your Week in Asia

Vietnam death penalty case, China business gauge, India rate decision

Your weekly lineup of Asia's biggest business and political events

1 December 2024
Donald Trump said any country that tries to replace the U.S. dollar in global trade "should wave goodbye to America."
Trump administration

Trump warns BRICS not to undermine dollar, threatening 100% tariffs

U.S. president-elect demands 'commitment' from bloc to use greenback

1 December 2024
People wade through waterlogged roads following heavy rains in Vijayawada, in the southern state of Andhra Pradesh on Sept. 4.
Economy

India GDP growth dips to seven-quarter low of 5.4% in July-Sept

Manufacturing and mining drag down growth, while agriculture shows improvement

29 November 2024
Sri Lankan President Anura Kumara Dissanayake (front center) and Prime Minister Harini Amarasuriya (front, second from right) pose with newly appointed cabinet ministers in Colombo on Nov. 18, days after a landslide electoral victory for the anti-establishment National People's Power party.
Policy Asia

Sri Lanka turns to untried leftists to lead break from poverty, strife

Voters place faith in Dissanayake's NPP debutants to cure economy and ethnic tensions

29 November 2024
Sri Lanka's central bank says its move will essentially shave 50 basis points off its policy rate, now set at 8%.
Economy

Sri Lanka eases monetary policy, sets new single key rate

Central bank discards its rate corridor in favor of an overnight policy rate

27 November 2024
Pakistani police officers stand in front of shipping containers to block an anti-government rally in Islamabad on Nov. 24 by supporters of jailed ex-Prime Minister Imran Khan.
Politics

Pakistan erupts in violence as ex-PM Khan's supporters demand his release

Deadly clashes break out in protest march on locked-down capital Islamabad

27 November 2024
Bangladeshi currency notes: Many of the power generation contracts that are being reviewed by a government-appointed committee have sparked controversy due to their financial terms and other concerns. (Majority World/Universal Images Group via Getty Images)
Crime

Bangladesh panel seeks legal firm for power deals probe, including Adani

Committee says it needs more time to analyze contracts made during former PM Hasina's government

25 November 2024
Daily traffic in central Bangkok reaches 700,000 vehicles a day. (Photo by Ken Kobayashi)
Environment

India, Thailand and Vietnam turn to congestion pricing

Initiatives in metropolitan areas seek to ease traffic and curb pollution

25 November 2024
Police officers walk to guard a road to prevent an anti-government rally by supporters of the former Pakistani Prime Minister Imran Khan's party Pakistan Tehreek-e-Insaf (PTI) in Islamabad on Nov. 24.
Politics

Islamabad locked down ahead of protests seeking ex-PM Khan's release

Highways to Pakistan's capital blocked; WhatsApp messaging services restricted

24 November 2024
Indonesia's sprawling capital Jakarta is set to get a new leader as the country kicks off regional elections this week.
Your Week in Asia

Indonesia regional polls, India GDP, Taiwan's Lai goes abroad

Your weekly lineup of Asia's biggest business and political events

24 November 2024
IMF Senior Mission Chief for Sri Lanka Peter Breuer, center, attends a news conference in Colombo on Nov. 23.
Economy

IMF approves third review of Sri Lanka's $2.9bn bailout

Global lender says tax revenue and reform of state-owned enterprises remain key

23 November 2024
Two-time Malaysian prime minister Mahathir Mohamad, pictured in his office on Nov. 5, says society must accept that people are not ready to be pensioned off at 60 in the modern era. (Photo by Yuki Kohara)
Big in Asia

Malaysia's Mahathir, 99, says Asia can lead in 'superaging' world

Centenarian leaders will emerge, former PM predicts in interview

23 November 2024
An economist says the Reserve Bank of India may have net sold dollars worth $7.2 billion in the week of Nov. 15.
Economy

India's forex reserves pass four-month low with sharpest weekly drop on record

Decline in foreign currency brought by Reserve Bank of India's market intervention

22 November 2024
Sri Lanka's President and National People's Power party leader Anura Kumara Dissanayake shows his ink-marked finger after voting in the parliamentary election in Colombo on Nov.14.
22 November 2024
A man counts Indian currency notes inside a shop in Mumbai.
Adani Group

Indian banks' credit risk from Adani seems contained, says JPMorgan

U.S. prosecutors have charged group's billionaire chairman with bribery

22 November 2024
The International Monetary Fund could suspend or even cancel payments to Pakistan under a $7 billion loan, if the deal's terms are not met. (Source photos by AP)
Economy

IMF review of Pakistan's $7bn bailout: 5 things to know

Unscheduled visit by fund staff raises questions over future of loan program

19 November 2024
A deadly haze has enveloped the Indian capital causing airlines to warn of flight delays.
Environment

India's capital chokes as pollution hits 50 times safe limit

Seasonal filthy air shuts schools and fuels outrage as farmers burn waste

18 November 2024
Stacks of containers pictured at a port area in Kolkata. The trade balance between India and ASEAN is tilted heavily in favor of the 10-member Southeast Asian bloc.
Trade

India wants rules of origin addressed to curb Chinese imports via ASEAN

New Delhi and the 10-member bloc review trade pact inked in 2009

18 November 2024
Smog descends on Multan, Pakistan, a city in eastern Punjab province badly affected by deteriorating air quality nationwide. 
Environment

Pakistan gripped by health emergency over 'unbearable' smog

Business hub Lahore shuts down after air quality called worst in the world

18 November 2024
A city corporation worker sprays fumigators to control mosquitoes in Dhaka on Oct. 14. The latest official figures show that at least 407 people have died from related complications this year.
Climate Change

Bangladesh deaths from dengue reach 407 as outbreak worsens

78,595 admitted to hospitals as changes in weather patterns allow mosquitoes to breed

17 November 2024
Bharatiya Janata Party (BJP) supporters celebrate in New Delhi on Oct. 8 during polls in northern Haryana state. 
Your Week in Asia

India state polls, G20 summit, Hong Kong national security case

Your weekly lineup of Asia's biggest business and political events

17 November 2024
U.S. Department of Health and Human Services Secretary Mike Leavitt, and Commissioner of the U.S. Food and Drug Administration Andrew C. von Eschenbach view products during a visit to Dr Reddy's Lab on the outskirts of Hyderabad, India, in 2008.
Opinion

India-U.S. trade will likely grow even under Trump tariff regime

New Delhi set to benefit from unique trade profile, regional security importance

14 November 2024
Thimpu City, the capital of Bhutan. The country's king has kick-started a plan to create a new city near India's border focused on well-being. (VWPics via AP)
Economy

Buddhist Bhutan to build 'mindfulness city' to woo investment, create jobs

Kingdom has begun raising funds for new city on India's border

11 November 2024