News & Map

Nepal says it will need billions in funding to rebuild after flash floods

BBC South Asia correspondent Azadeh Moshiri is in Nepal where authorities are trying to begin rebuilding amid the debris...

BREAKING NEWS: Japan's industry ministry requests 5.7 tril. yen budget for FY 2027

BREAKING NEWS: Japan's industry ministry requests 5.7 tril. yen budget for FY 2027 Read full story here

U.S. hits Cuba with new sanctions as island’s crises multiply

The sanctions aim to push Cuba’s critical machinery offline and exacerbate its energy crisis, said Brett Erickson, a san...

US continues to squeeze Cuban economy with new round of sanctions

Cuba announces new pro-market reforms amid threats of military attack from the Trump administration.

Japanese households cut spending for eighth month as prices rise

Household outlays adjusted for inflation fell 3.6% in July from a year earlier, the internal affairs ministry reported F...

Finance minister discusses market stabilization amid rising rates, Mideast uncertainty

South Korea's finance minister on Friday discussed measures to stabilize financial markets amid growing concerns over ri...

Indian diaspora comes through with dollars

Also in this newsletter: another education technology dropout

Ghana tightens gold exports in push to keep more value at home

The move is part of a broader effort to develop Ghana’s gold industry beyond raw exports.

[In This Economy] Should Filipinos’ ‘consumption culture’ be blamed for the weak peso?

BSP Governor Eli Remolona did not say that consumption is the enemy. Instead, the underlying message is that our country...

Indonesia’s President Pitches His Country as Russia’s ‘Gateway’ to Southeast Asia

Speaking at the Eastern Economic Forum in Vladivostok, Prabowo Subianto described his country as “a natural entry point ...

G20 flounders as cooperation gives way to conflict

This week's gathering, hosted by the United States, laid bare the difficulties the G20 faces.

Inside the ‘shadow fleet’ industry that keeps rogue states afloat

It’s the middle of the night in April 2023 in the East China Sea. A North Korea-linked oil tanker sailing under another ...

How China’s AI race is shrinking job market, forcing workers into low-paid, manual roles

For four years, Beijing-based Clare Zhang worked as a research analyst at a corporate advisory firm, helping companies a...

A 'shakeout' in early-stage AI may be coming as VC money gets pickier on valuations

Investors should keep an eye out for excessive valuations and focus on productivity when it comes to investing in AI com...

US treasury secretary announces EU joining economic pressure campaign against Iran

US treasury secretary announces EU joining economic pressure campaign against Iran US Treasury Secretary Scott Bessent t...

Volkswagen to cut 50,000 more jobs to counter tariffs and Chinese competition

Volkswagen announced Thursday that it will cut another 50,000 jobs worldwide, marking the biggest restructuring in the c...

Seoul stocks open higher on eased US rate-hike woes

Seoul stocks opened higher Friday, tracking overnight gains on Wall Street as investor concerns over further US interest...

S. Korea extends current account surplus in July amid strong exports

South Korea posted a current account surplus in July, central bank data showed Friday, led by robust exports amid the gl...

Dollar Slumps to Start September as Yen Surges on Rate Bets

The dollar slumped to start September as traders cut bets on a Federal Reserve rate hike this month and a surging yen ri...

Gold Steadies as Traders Look to US Jobs Data for Fed Clues

Gold steadied as traders waited to see whether Friday’s payrolls report will provide the Federal Reserve enough justific...

Over 300 US companies remain in Russia — EEF organizer

Anton Kobyakov added that the government is creating no obstacles for those who decided to stay, they are treated on equ...

'We will be asking for that money' — Trump says Europe should repay US for Ukraine aid

The demand comes amid Trump's growing fury with European and NATO countries for their refusal to join the U.S. war again...

Canada’s battle to build a new global defense bank

Executive Yuan approves record budget

Data center spending to reach US$31.6tn by 2050

Taiwan firms plan new US investment

U.S.-Venezuela Oil Deal Threatens China’s Oil-Backed Loans

For decades, Venezuela has been one of China’s most important partners in Latin America and the largest recipient of Chi...

Nvidia to buy AI platform Hugging Face for US$12.9 billion

Taiwan should diversify: US academic

US, Japan race to secure chip-grade minerals as China curbs exports

The United States and Japan are racing to build a new global supply chain for critical minerals, backing the effort with...

US House may fast-track vote on Russia sanctions bill, Ukrainian official says

"(E)veryone agreed that it was necessary to increase pressure on Russia. ... No one said that he definitely would not su...

Yen surges in New York amid expectations for BOJ rate hike in Sept.

A financial monitor in Tokyo shows the U.S. dollar down nearly 4 yen on the night of Sept. 3, 2026. (Kyodo)The Japanese ...

China responded to some of US requests regarding ‘economic war on Iran’ — Vance

Speaking about isolation of Iran, the US vice president said that, in his opinion, China is "willing to play ball here, ...

Ionic Rare Earths, US Strategic Metals form JV to build $100M magnet recycling plant in Missouri  

Plans to develop an integrated campus for the production of critical minerals and metals at USSM’s 1,800-acre fully perm...

Hong Kong poised to top New York, London in finance-hub ranking: GFCI creator

An Asian city will eventually overtake London and New York as the world’s leading financial centre, with Hong Kong well ...

Powerful Brazil Judge Faces Reckoning Over Ties to $10 Billion Bank Scandal

A dispute between the two most powerful justices on Brazil’s Supreme Court erupted into an all-out fight late Thursday, ...

How much longer can China afford cheap AI?

There are now nearly 1,000 large-language models on offer in China.

Anthropic Finalizing $15 Billion Pre-IPO Credit Facility

Anthropic PBC is set to finalize an expansion of its revolving credit facility to $15 billion, according to people famil...

The U.S. Corporate Tax Base That Now Resides in Ireland

America’s largest companies often pay more tax in Dublin than they do in D.C.

US Fed Governor Waller floats September rate hold

Markets rallied and global bond yields dipped Thursday after a US Federal Reserve governor advocated holding interest ra...