Indian Prime Minister Narendra Modi said on Friday the goods and services tax (GST) would be reformed and taxes lowered by Diwali, the Hindu festival of lights, set to be celebrated in October this ...
China’s economy lags in July under pressure from tariffs and a weak property market
China has reported its economy showed signs of slowing in July as factory output and retail sales slowed while housing prices fell further.
China’s Economy Slows Broadly Even as Exports Keep Rising
Officials blamed U.S. “protectionism” for the dismal July data, but growth was likely held back by real estate and new policies aimed at slowing factory investments.
China’s fossil-fuelled power rises to 11-month high in July
China's fossil-fuelled power generation, mostly from coal, rose in July to the highest level since August 2024, official data showed on Friday, as record-breaking heat pushed power demand to record ...
China Is Enjoying Trump 2.0
And for now, at least, Beijing views the trade-deficit-obsessed Trump as a more pragmatic and adaptable partner to work with than the China hawks that called the shots during Trump’s first term. China ...
Traders chase pips in China’s stagnant bond market
Bond traders in China are facing their toughest conditions in at least a decade, as low interest rates and meagre price swings push fund managers to chase yield in alternative debt markets.
Iron Ore Falls as China Data Shows Broad Economic Weakness
Iron ore dipped as a slew of negative data from China showed a slowdown across the country’s economy last month.
As South Korea’s population falls, its military is shrinking rapidly. Is that a problem as North Korea ramps up its forces?
South Korea’s birth rate has dropped throughout much of the past decade, spelling trouble for the military as regional threats and global conflicts simmer.
South Korea president vows to build ‘military trust’ with North
SEOUL: South Korean President Lee Jae Myung vowed on Friday (Aug 15) to "respect" North Korea's political system and build "military trust", a day after Pyongyang said it had no interest in improving ...
Japan posts unexpectedly strong GDP, helped by export rush
Japan's economy grew much faster than expected in the second quarter, helped by a rush of exports ahead of U.S. tariffs taking effect, giving the central bank some of the conditions it needs to resume ...