Japan confirms $36.8 billion currency intervention as weak yen pushes BOJ to hike interest rates
Japanese authorities spent 5.53 trillion yen, or $36.8 billion, to shore up the yen in July, official data published Wednesday showed.
Country asian news
Arakan Army pushes Myanmar's military to brink in monsoon war
BANGKOK -- The Arakan Army (AA), an armed ethnic group in Myanmar, is taking advantage of the monsoon rains sweeping across the country to intensify its offensive against the military regime's troops in Rakhine state, located along the country's western coast and bordering Bangladesh.
China revises drone export rules amid U.S., Western scrutiny
BEIJING (Reuters) -- China will amend drone export controls from Sept. 1, including adding high-precision measurement equipment to the control list and adjusting standards for some unmanned aircraft components.
Japan builds ties in Russia's backyard with Central Asia summit
TOKYO -- Japan and five Central Asian countries are expected to issue a joint statement regarding cooperation on sustainable economic development at a summit next week, covering areas including cutting carbon emissions and developing talent.
Cost is key for Southeast Asia to attract EV investment, BCG says
JAKARTA -- Southeast Asian countries looking to enter the electric vehicle supply chain must do more to reduce costs if they want to take advantage of the trade friction between China and the West over EVs, Boston Consulting Group's Asia-Pacific chief told Nikkei Asia.
Commentary: Watch what China does, not just what it says, after unsurprising economic plenum
HONG KONG: The third plenum of China’s Communist Party (CCP) concluded recently without new stimulus or deep reforms, but that does not mean there isn’t welcoming news.
Myanmar’s military regime extends state of emergency by 6 months as civil war rages
BANGKOK (AP) — The military regime that seized power in Myanmar 3 1/2 years ago on Wednesday extended the state of emergency in the civil war-wracked country for another six months, saying it needs time to prepare for long-promised elections.
China adjusts restrictions on unregulated civilian drones that can be used for military purposes
BANGKOK (AP) — China says it will prohibit the export of all unregulated civilian drones that can be used for military purposes or in terrorist activities and that certain drone features will be restricted as the East Asian country faces repeated Western criticism for its stance on the Russian invasion of Ukraine.