This Week in Asia /
Economics
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Money Matters
Banking & finance
Stocks
Artificial intelligence
Economics
Most Asia-Pacific firms unprepared for AI governance amid uncertainty: report
Deloitte report shows stark disconnect between perceived and actual preparedness, says firms need to refine approach for more meaningful impact.
9 Dec 2024 - 7:00PM
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Japan
Japan’s ‘concerned’ exporters brace for tariff pain under Trump 2.0
9 Dec 2024 - 8:00AM
Malaysia
‘I trust it more’: Chinese app Xiaohongshu offers unexpected window on Malaysia
8 Dec 2024 - 8:22AM
Economics
Saudi Arabia
Trillion-dollar ambition: Saudi Arabia accelerates metal mining plans
The kingdom has signed a slew of deals with Chinese, Indian and Australian companies amid growing interest in its massive mineral reserves.
7 Dec 2024 - 5:00PM
Riyadh. Saudi Arabia is looking to become a major global mining and metals player. Photo: Shutterstock
Economics
Donald Trump
Trump’s threat over Hamas captives stokes fears of higher oil prices for Asia
The US under Trump could take a tougher stance on Iran, which could disrupt oil supplies and push prices up amid hazy outlook, analysts warn.
7 Dec 2024 - 4:31PM
Economics
Singapore
Singapore’s Carousell lays off 76 workers, cites ‘slowdown’ in consumer demand
The job cuts by Carousell reflect a wider trend in the tech sector due to overexpansion and economic headwinds, an analyst says.
6 Dec 2024 - 7:31PM
Politics
Japan
Russian diplomats dodge Tokyo parking fines, citing foreign-policy loophole
The unresolved fees ignited online outrage, leading to calls for stricter measures against the Russian embassy.
6 Dec 2024 - 12:00PM
Economics
Japan
Japan’s Nippon Steel races to complete US Steel takeover before Trump 2.0
Analysts say Nippon Steel remains confident as it pushes for the deal to go through, despite Trump’s vow to block it.
6 Dec 2024 - 8:00AM
The Nippon Steel logo is displayed at the company’s headquarters in Tokyo, Japan. Photo: Reuters
Politics
Malaysia
Will Malaysia’s Mahathir face criminal probe over island lost to Singapore?
A commission claims Mahathir misled the government about a disputed island awarded to Singapore, risking up to seven years in prison if convicted.
5 Dec 2024 - 6:20PM
Politics
Asean
Will Trump’s tariff threat push Southeast Asian nations away from China-led Brics?
Analysts warn nations to consider the risks of joining Brics, which could bring economic gains but may alienate the US and lead to trade barriers.
4 Dec 2024 - 7:44PM
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Economics
Malaysia
Malaysia tech firms set to ‘act aggressively’ over Trump’s tariff hikes
Local firms in Malaysia’s crucial tech sector are looking at options ranging from expansion to the US to securing new clients.
3 Dec 2024 - 4:00PM
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Economics
Indonesia
Indonesia’s nuclear energy push pits growth against safety concerns
President Prabowo Subianto plans to build two new nuclear plants as part of Indonesia’s goal to derive more energy from clean sources.
1 Dec 2024 - 4:00PM
A nuclear research reactor in Serpong, Indonesia. Photo: AFP
Lifestyle & Culture
Indonesia
Why more Indonesian couples are saying no to children
With rising costs and changing priorities, more Indonesians are choosing to live childfree – raising some demographic concerns.
30 Nov 2024 - 5:00PM
Politics
The Philippines
‘What’s in it for me’: will Trump 2.0 squeeze the Philippines for US support?
The US president-elect’s interest in containing China militarily and supporting the Philippines’ defence remains an open question.
30 Nov 2024 - 8:00AM
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Politics
Sri Lanka
Sri Lanka’s new government faces backlash over IMF debt repayment plan
President Dissanayake has chosen to continue with the current IMF programme, raising concerns about its impact on economic growth and relief for the population.
30 Nov 2024 - 7:53AM
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Economics
Singapore
Singapore households spending more, but incomes rising faster: official survey
While this suggests a positive economic outlook, economists warn that rising costs of living for housing, food and healthcare remain a concern.
29 Nov 2024 - 10:30PM
Singapore’s Merlion statue. Photo: Getty Images
Economics
India
India’s renewable energy sector resilient to Adani bribery case
Gautam Adani was charged with allegedly paying US$265 million in bribes related to power supply contracts in Indian states.
28 Nov 2024 - 7:03PM
Politics
Malaysia
Nearly 40,000 evacuated as Malaysia’s Golok River water level hits record high
The Golok River, bordering Thailand, has reached its highest level since 1997, with the situation exacerbated by La Niña.
28 Nov 2024 - 3:30PM
Politics
The Philippines
Philippine crackdown on Pogos sparks fears of underground scams and espionage
The crackdown on scams and human trafficking may push the industry underground, fostering more sophisticated crimes like espionage and disinformation.
27 Nov 2024 - 4:47PM
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Economics
Singapore
Singapore spillover of data centres benefits Malaysia’s Johor
The trend comes ahead of an expected announcement of a special economic zone between both sides.
27 Nov 2024 - 12:35PM
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The surge in data centre business in Johor has also driven up property transactions in the Malaysian state. Photo: EPA-EFE
Economics
India
Zomato stirs debate in India over no-salary senior role with application fee
The US$24,000 application fee will be donated to charity in the first year and the successful candidate will get a salary in the second year.
27 Nov 2024 - 11:43AM
Economics
Indonesia
Indonesia rejects Apple’s US$100 million investment offer to lift iPhone ban
Industry minister says proposal did not meet ‘principles of fairness’, in contrast to other bigger investments in neighbouring countries.
27 Nov 2024 - 1:30PM
Economics
Malaysia
Malaysia eyes Southeast Asia’s EV hub with Hyundai’s US$500 million investment
Trade-dependent Malaysia is seeking new partners and markets as tariffs from the US-China trade wars bite.
26 Nov 2024 - 12:30PM
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Open Questions series
Why eco-warrior Ma Jun sees hope for China’s role in Cop29 amid US uncertainty
22 Nov 2024 - 12:38PM
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4
Historian on why we aren’t heading towards WWIII yet and how wars have changed
8 Nov 2024 - 12:01AM
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32
China’s evolving role in Middle East conflicts, according to an academic
29 Aug 2024 - 10:09AM
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13
This economist says China’s property oversupply is far from over. Here’s why
6 Aug 2024 - 9:19AM
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46
Ex-World Bank economist on why ‘China will not be misled’, dodging Japan’s fate
5 Aug 2024 - 8:16PM
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21
Arthur Kroeber: why China decoupling is unlikely, and talk of reform incomplete
12 Jul 2024 - 1:46PM
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38
Why eco-warrior Ma Jun sees hope for China’s role in Cop29 amid US uncertainty
22 Nov 2024 - 12:38PM
videocam
4
Historian on why we aren’t heading towards WWIII yet and how wars have changed
8 Nov 2024 - 12:01AM
videocam
32
China’s evolving role in Middle East conflicts, according to an academic
29 Aug 2024 - 10:09AM
videocam
13
This economist says China’s property oversupply is far from over. Here’s why
6 Aug 2024 - 9:19AM
videocam
46
Ex-World Bank economist on why ‘China will not be misled’, dodging Japan’s fate
5 Aug 2024 - 8:16PM
videocam
21
Arthur Kroeber: why China decoupling is unlikely, and talk of reform incomplete
12 Jul 2024 - 1:46PM
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38
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