Asia

Easy money defined Asia in 2025, but tightening curbs hint at harder times

The real hit - if there is to be one - from the barriers erected by the White House will only be truly felt in 2026

Krafton plans ₹6,000 crore fund for Asian tech firms, India in focus

Krafton's investment in the form of the new investment fund comes at a time when the company is accelerating its presence in the region

Asia boosts euro borrowing as US funding edge weakens under Trump policies

Asia Pacific borrowers increased euro-denominated issuance to a record 23% of the total across both currencies this year, up 6% points from 2024, according to Bloomberg-compiled data

Floods Ravage Asia Rising climate risks leave over 1,300 dead and $20 billion in damage

Severe floods triggered by cyclones and monsoon rains have killed more than 1,300 people across South and Southeast Asia and caused economic losses of at least $20 billion.

Deadly floods across Asia cause $20 bn losses, show growing climate risks

Scientists have pointed to the aggravating impact of climate change on flooding, along with factors including deforestation, failures in flood defences and a lack of disaster resilience funds

Rising flood risks threaten fastest-growing megacities in Asia, Africa

The monsoon belt from Southeast Asia to West Africa is at the same time the swath of the globe that is urbanising fastest, and the one where catastrophic rainfall is set to increase most dramatically

Polar vortex threat may push up winter energy bills in US, Europe, Asia

A deep freeze would likely mean higher prices for power and natural gas, adding to the cost burden for ratepayers as inflation remains stubbornly high and major economies show signs of persistent weak

Canada rebuilds trade ties with Asia to counter Trump's tariff plan

In the past three months, Carney has signed a trade deal with Indonesia, moved to boost Canada's gas exports to Asia, and shortlisted a Korean firm for a submarine contract worth tens of billions

WHO launches 5-year plan to protect Asia-Pacific from climate disasters

With Asia and the Pacific among the most climate-vulnerable regions, WHO's new blueprint aims to build resilient health systems and protect millions from rising risks.

IMF upgrades Asia's growth forecast, warns of risks from US-China tension

Trade tensions between US and China have intensified after Beijing expanded its rare earth export controls

India is top choice for MNCs to expand trade, investment: StanChart report

A Standard Chartered report shows over 40 per cent of global firms plan to increase trade and investment in India, citing its fast-growing economy, large market, and favourable business reforms

upGrad eyes more university tie-ups in Asia as US campuses lose appeal

UpGrad earns revenue by enrolling students in online programs and helping them transition to overseas campuses to complete their degrees

Gen-Z protesters across Asia challenge old guard, demand lasting reform

These demonstrations also highlight how collective youth action can force governments into retreat

Asia likely to step up US WTI oil imports as West Asia prices rise

Middle East crude benchmarks Dubai and Murban gained this month on the back of robust demand for high-sulphur oil in Asia

Trump tariffs push Asia toward American LNG at the cost of climate goals

Asian countries are offering to buy more US liquefied natural gas in negotiations with the Trump administration as a way to alleviate tensions over US trade deficits and forestall higher tariffs. Analysts warn that strategy could undermine those countries' long-term climate ambitions and energy security. Buying more US LNG has topped the list of concessions Asian countries have offered in talks with Washington over President Donald Trump's sweeping tariffs on foreign goods. Vietnam's Prime Minister underlined the need to buy more of the super-chilled fuel in a government meeting, and the government signed a deal in May with an American company to develop a gas import hub. JERA, Japan's largest power generator, signed new 20-year contracts last month to purchase up to 5.5 million metric tons of US gas annually starting around 2030. US efforts to sell more LNG to Asia predate the Trump administration, but they've gained momentum with his intense push to win trade deals. Liquefied ...

Asia shares struggle, dollar soars on lowered Fed rate cut bets

Data on Tuesday showed US consumer prices rose 0.3 per cent in June, in line with forecasts, but the largest gain since January

Trump to host Philippine president to discuss trade, security in Asia

President Donald Trump will host his Philippine counterpart in the White House very soon to discuss how the longtime treaty allies can further deepen their security and economic engagements, the Philippine ambassador to the US said Friday. No date has been specified for President Ferdinand Marcos Jr.'s meeting with Trump in Washington but Ambassador Jose Manuel Romualdez said that it would happen very soon this month. The allies have boosted mutual defense engagements, including large-scale combat exercises in the Philippines, to strengthen deterrence against China's increasingly aggressive actions in the region. Among the proposed topics for discussion is strengthening peace through deterrence, Romualdez told The Associated Press by telephone, echoing Defense Secretary Pete Hegseth 's remarks about the US military's plan to ratchet up deterrence against China's increasingly assertive actions in the disputed South China Sea by intensifying military and defense engagements with the ..

Asia remains in Trump's tariff sights as deadline moves to August 1

The extension leaves Asia's economies squarely in the US administration's tariff sights while giving officials a little over three additional weeks to negotiate lower rates

Asian climate red alert: Moving to net zero will best serve its poorest

The exceptionally high temperatures on Asia's landmass last year had its knock-on effect on 15 million sq km of ocean area, one-tenth of the earth's ocean surface

Central banks in Asia scale back currency intervention as dollar weakens

The greenback has plummeted against major currencies this year, suffering drops of around 10% against the euro and the Swiss franc