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The Chinese economy grew strongly in the first three months of the year, new data shows, as China built more factories and exported huge amounts of goods to counter a severe real estate crisis and sluggish spending at home.
Markets kept their cool on Monday amid a fast-moving and volatile geopolitical landscape in the Middle East — but the longer-term risk premium has likely risen, while oil prices remain on edge, analysts said.
TOKYO -- Japan plans to set fiscal 2040 targets for renewables and other energy sources in the national electricity mix by March next year, outlining long-term goals for decarbonization to spur business investment in related areas.
Richard Yetsenga is chief economist and head of research at ANZ Banking Group in Sydney.
TOKYO/BANGKOK -- The number of visitors to Southeast Asian countries topped 100 million last year, reaching 70% of the pre-COVID level in 2019, as the economy regained its footing after the pandemic and with new transport infrastructure, mostly financed by China, helping attract travelers to Laos and Cambodia.
When communication specialist Katie Howe moved to Wellington from Canberra two years ago, she was excited by the prospect of expanding her business in a new market.
TOKYO -- Countries across the globe are becoming increasingly wary of the growing might of the U.S. dollar. Emerging economies such as Indonesia have begun to move to defend their currencies against the possibility of renewed inflation and downward pressure on growth through higher import prices.
Welcome to Your Week in Asia.