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Posted on July 3, 2025

Philippines falls $26 short of World Bank ‘upper middle income’ upgrade

The World Bank has retained the Philippines’ classification as a lower middle income country, despite President Ferdinand Marcos Jr.’s administration pushing for an upgrade to upper middle income ...

Posted on July 3, 2025

Japan firms log biggest pay hikes in 34 years, union tally shows

By Makiko Yamazaki and Kentaro Sugiyama TOKYO (Reuters) -Japanese companies agreed to raise wages by 5.25% this year, marking the biggest pay hike in 34 years, the country's largest labour union group ...

Posted on July 3, 2025

Afghan refugees stuck in Pakistan as Germany halts entry programme

In a cramped guesthouse in Pakistan's capital, 25-year-old Kimia spends her days sketching women — dancing, playing, resisting —in a notebook that holds what's left of her hopes.

Posted on July 3, 2025

Indonesia to sign $34 billion pact with U.S. partners ahead of tariff negotiation deadline, minister says

Indonesia will sign a pact worth $34 billion with business partners next week to boost purchases from the United States, as part of efforts to strike a trade deal with Washington ahead of the July 9 deadline,

Posted on July 3, 2025

Indonesia free meal plan stunted by delays, protests, poisonings

When an Indonesian mother dropped off her daughter at school in May, she did not expect her to become violently sick after eating lunch from the government's new billion-dollar free meal programme.

Posted on July 3, 2025

Chip design software firms rise as US lifts curbs on China exports

(Reuters) -Shares of Synopsys and Cadence Design Systems surged in premarket trade on Thursday after the United States lifted export restrictions on chip design software to China, signaling a thaw in ...

Posted on July 3, 2025

China denies military base ambitions in Pacific Islands

China's embassy in Fiji denied on Thursday that Beijing wanted a military base or sphere of influence in the Pacific Islands, after Fiji's Prime Minister Sitiveni Rabuka said islands were trying to ...

Posted on July 3, 2025

How the U.S.-China trade war could leave skies dark on the Fourth of July

There are few sights more dazzling than fireworks on the Fourth of July. Yet all the sparkle and sound on the most American day of the year relies almost solely on China, which is mired in a trade war ...

Posted on July 3, 2025

Siemens says US has allowed chip software sales to China to resume

Siemens has received notification from the US government allowing it to resume sales of chip design software to China, the German technology company said, as a trade deal between Washington and ...

Posted on July 3, 2025

China aircraft carrier ‘Shandong’ draws crowds in first Hong Kong visit

China's first domestically built aircraft carrier, the Shandong, sailed into Hong Kong waters on Thursday in its first visit to the Asian financial hub, accompanied by three People's Liberation Army ...

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