Russian Railways' cargo volumes slumped to a 15-year low in 2024, with labour and locomotive shortages exacerbating capacity woes as Moscow redirects trade flows to Asia from Europe while fighting on in Ukraine,
Elevated prices dampened demand for physical gold in most Asian hubs this week, while Indian dealers offered the biggest discounts in more than six months.
Global shares rose on Friday buoyed by the prospect of lower U.S. interest rates following comments from President Donald Trump, while the yen steadied ahead of a widely expected rate hike from the Bank of Japan later in the day.
Japan PM Ishiba is seeking to arrange a meeting with US President Donald Trump. Read more at straitstimes.com.
The Khorgos Gateway, connecting northwest China to Kazakhstan, has become a major export hub for China's pre-owned cars
Phoenix Asia Holdings faces significant risks, including regulatory risks, customer concentration and uncertainties in the Hong Kong construction industry. Learn more on PHOE stock here.
The BOJ raised interest rates to their highest since the 2008 global financial crisis, with attention now shifting to any clues from BOJ Governor Kazuo Ueda in his briefing on the pace and timing of f
South Asia's climate vulnerabilities have been taking a major toll across all regional states. Many ordinary people in countries like Afghanistan, Bangladesh, India and Pakistan are already experiencing major water stress,
This inaugural list spotlights institutions such as Samsung Medical Center in South Korea, which is recognized for its eye surgeries; Sunway Medical Centre in Malaysia, which is celebrated for hip surgeries; and Bumrungrad International Hospital in Thailand, a leader in knee and shoulder surgeries.
Traffic jams are a scourge. Lost time hurts productivity. There is a human toll on health, both mentally and in terms of air pollution and road safety. Asian cities are world-class for traffic. Of the top 20 slowest-moving cities ranked by TomTom, a navigation service, 12 are in Asia—a mark of fast growth and mismanaged urban development.
Overall, Trump’s second-term foreign policy, defense, and economic appointments suggest that security issues will dominate in Asia, despite his grumbling about trade imbalances. In addition, they suggest that his second administration will be even tougher toward China than his first, or than the Biden administration.