Economy
Covering emerging markets, regional blocs, digital economies, and the Asian business landscape.
China Tops Global Digital Economy Patents with 500,000 in 2024
Beijing: China has secured the top global position in the number of invention patent grants within the core industries of the digital economy...
Indonesia to Inject $12 Billion into Commercial Banks to Boost Lending and Growth
The Indonesian government is set to inject US$12 billion into commercial banks in a bid to stimulate credit growth and accelerate economic recovery....
Trump Bows Before India, Invites Modi for Talks
NEW DELHI: U.S. President Donald Trump has softened his once-aggressive stance on India, signaling a recalibration of Washington’s economic strategy toward New Delhi....
US Tariffs Shift Synthetic Footwear Orders Toward Bangladesh
DHAKA – Rising tariffs on Chinese footwear are driving fresh US demand for Bangladesh’s synthetic leather and non-leather shoes, offering exporters a potential...
Japan-India Business Partnership Grows Stronger as Regional Tensions Mount
Japanese Prime Minister Shigeru Ishiba and Indian Prime Minister Narendra Modi reignited the Mumbai-Ahmedabad bullet train project—a symbolic highlight of their recent bilateral...
Indonesia Faces Major Economic Setback Amid Riots
JAKARTA – Recent violent protests in Jakarta have inflicted significant damage on the Indonesian economy, with the retail sector alone suffering an estimated...
Trump Claims India Agreed to Eliminate Tariffs on US Goods
United States President Donald Trump said on Monday that India has offered to eliminate tariffs on American goods, even as relations between Washington...
India’s Textile Sector Turns to Nepal After Trump’s Steep Duties
Kathmandu – Global garment brands operating in India, along with Indian exporters, are increasingly eyeing Nepal as a production hub after steep new...
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Iran calls Pakistan-Saudi defense deal a step toward a ‘regional security alliance’
Iranian President Masoud Pezeshkian on Wednesday voiced strong support for the newly signed defence pact between Pakistan and Saudi Arabia, calling it the...
Trump Faces Diplomatic Pressure as Allies Recognize Palestinian State
UNITED NATIONS: Growing frustration with Washington’s handling of the Gaza war spilled into the UN General Assembly this week, as key US allies...
‘World Is Falling Apart,’ Says Trump in Fiery UN Critique
UNITED NATIONS: US President Donald Trump delivered a fiery address to the United Nations General Assembly on Tuesday, railing against climate change policies,...
