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Asia
Asia
India holds interest rates steady as U.S. tariffs loom over exports
Economists suggest limited easing opportunities as U.S. tariffs impact India's export landscape
Asia
China expands Silk Road Maritime Transport with 128 new shipping routes launched
Since December 2018, over 20,293 container ships have navigated these vital international routes
Asia
Sri Lanka to introduce visa fee waiver for 40 nations in major tourism push
Sri Lanka has set an ambitious target of drawing 3 million tourists and generating $5 billion in tourism revenue in 2025
Asia
South Korea, U.S. commit to reaching tariff deal before August 1 deadline
South Korea will be subject to a 25 percent reciprocal tariff unless it reaches a deal before the deadline
Asia
Japan’s manufacturing activity contracts in July due to uncertainties surrounding U.S. tariffs
S&P Global's PMI for manufacturing dropped to 48.8, marking a decline from June's 50.1Â
Asia
South Korea’s GDP grows 0.6 percent in Q2 2025 driven by strong private consumption, exports
Private consumption increased 0.5 percent, supported by improving sentiment and a stock market rally
Asia
China’s consumer price index declines in May 2025 as export growth hits three-month low
CPI edged down 0.1 percent year on year, impacting economic outlookÂ
Asia
Strong Q1 growth reduces urgency for rate cuts in China
Benchmark loan rates unchanged as country faces trade challenges
Asia
New satellite launch from China: Tianping-3A 02 for enhanced radar calibration, orbital predictions
The Tianping-3A 02 satellite boosts Chinese radar imaging and supports space exploration effortsÂ
Asia
South Korea to establish $34.4 billion fund to support advanced industries
The funds will be offered to companies in national strategic industries in the form of cheap loans and other investments over the next five years
Asia
China aims for 5 percent growth in 2025 amid challenges from Trump tariffs
The government plans to issue $179 billion in special treasury bonds this year to finance its stimulus effort
Asia
India central bank delivers first rate cut in almost 5 years as inflation eases
The central bank cut the repo rate by 25 basis points to 6.25 percent after keeping it unchanged for eleven consecutive policy meetings
Asia
South Korea’s GDP per capita outpaces Japan and Taiwan in 2024, surpasses $36,000
The country's per capita GDP has been calculated based on a nominal growth rate of 5.9 percent
Asia
India and China to resume air travel after nearly 5 years
India noted discussions on economic concerns to promote policy transparency
Asia
China reveals major breakthroughs in gold exploration with 168 metric tons discoveredÂ
This development is a key step in strengthening the nation's resource securityÂ
Asia
Malaysia, Singapore launch special economic zone to boost trade and investment
The zone will offer tax incentives and include key areas in sectors such as aerospace and tourism
Asia
Indian Railways aims for net zero carbon emissions by 2030
The rail network has commissioned 487 MW of solar energy plants as of last month
Asia
Japan approves record $730 billion budget for FY 2025
The draft got greenlighted by the Cabinet, includes 8.7 trillion yen in defense spending
Asia
Bank of Korea plans additional rate cuts in 2025 as prices stabilize
Central bank slashed its policy rate last month for the second time in a row to help prop up the economy
Asia
Japan to cut 60 percent of greenhouse gas emissions by 2035
Officials and experts also reached a consensus on a long-term objective of achieving a 73 percent reduction by fiscal 2040
Asia
Japan tourism: Record 33 million foreign visitors welcomed in first 11 months of 2024
The data highlights Japan's pandemic recovery and reflects broader trends influencing the future of international travelÂ
Asia
China’s logistics sector grows 52.8 percent in November as economic recovery signals strength
This represents an increase of 0.2 percentage points compared to October 2024Â
Asia
China’s economy to grow 5 percent in 2024, contributing 30 percent to global expansion
Foreign exchange reserves remain steadily above $3.2 trillionÂ
Asia
China’s consumer inflation slows to five-month low in November
The producer price index fell 2.5 percent year-on-year in November, a slower decline than the 2.9 percent in October
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