Economy & Markets
Asian central banks, currencies, trade flows, commodities and the supply chains wiring the Indo-Pacific.
Economic Analysis: The Flawed Logic of Trump's Tariff Policy
Economists argue that US trade deficits are not inherently negative and reflect consumer choice. Tariffs can reduce overall economic product
Azerbaijan and Kazakhstan Advance Middle Corridor with Concrete Trade and Transit Deals
Presidents Ilham Aliyev and Kassym-Jomart Tokayev have set a $1 billion bilateral trade target and activated an investment fund. Azerbaijan
Tesla's Lofty Valuation Faces Reality Check as Asian Rivals Accelerate
Tesla's market valuation now exceeds that of Toyota, Volkswagen, and several other major automakers combined, despite modest profits. The el
Microsoft's Cloud and Gaming Revenue Surges as Pandemic Accelerates Digital Shift
Microsoft's quarterly profit rose 33% to $15.5 billion, fueled by a 34% surge in commercial cloud revenue. The company's Xbox gaming unit al
OPEC+ Considers Extending Production Cuts as Pandemic Clouds 2021 Oil Demand
The OPEC+ alliance is set to discuss extending its current oil production cuts into 2021 during a two-day virtual meeting. Key members aim t
Xi Jinping Signals China's Interest in Joining CPTPP Trade Pact
President Xi Jinping stated China will actively consider joining the CPTPP, a major Asia-Pacific trade pact originally championed by the US.
Asia-Pacific Nations Finalize RCEP, Forming World's Largest Trade Bloc
Fifteen Asia-Pacific nations have signed the Regional Comprehensive Economic Partnership, creating the world's largest trade bloc by GDP. Th
Asia-Pacific Nations Finalize World's Largest Trade Pact, Bolstering China's Regional Role
Fifteen Asia-Pacific nations have signed the Regional Comprehensive Economic Partnership, establishing the world's largest free trade area b
HSBC's Third-Quarter Profit Falls 46% Amid Pandemic and Geopolitical Strains
HSBC's post-tax profit fell to $2 billion in Q3, a 46% year-on-year decline. The bank is accelerating a global restructuring to cut costs an
US Tech Giants Face Earnings and Regulatory Scrutiny with Asian Market Implications
Amazon, Apple, Facebook, and Google report quarterly results while facing intensified antitrust scrutiny in Washington. The hearings and ear
ADB Warns Asia's 2021 Economic Recovery is Fragile and 'Swoosh-Shaped'
Developing Asia is projected to contract 0.7% in 2020, its first recession in nearly 60 years, pushing tens of millions into poverty. While
Apple's Holiday Strategy Pivots to Wearables and Services as 5G iPhone Waits
Apple will spotlight its smartwatch, iPad, and subscription services in a bid to boost holiday sales, with a key 5G iPhone launch delayed. T