Modi ally says BJP has ‘nothing to hide’ amid Adani controversy
India's home minister Amit Shah makes comments after ruling party accused of favouritism towards embattled conglomerate.
Category Archives: Economy
Japan names university academic as next central bank governor
Economics professor Kazuo Ueda's nomination comes after outgoing governor's deputy reportedly turned down the role.
Japan’s economy rebounds less than expected amid COVID recovery
Asia’s second-largest economy grows 0.2 percent during the October-December period, falling short of expectations.
‘Surprisingly resilient’: IMF lifts global growth forecasts
Fund says demand in the US and Europe has been stronger than expected, and that only the UK faces a recession.
Japan, Netherlands to join US in China chip controls: Bloomberg
Agreement on tighter export controls on China would be seen as a big diplomatic win for US President Joe Biden.
A US state asked for evidence to ban TikTok. The FBI offered none
Emails show officials in the state of Connecticut opted not to ban the Chinese-owned app after consulting with the FBI.
Indonesia’s charity laws in spotlight after Lion Air crash scam
Three charity workers have been given prison terms for misappropriating $7.8m from a victims' fund set up by Boeing.
Philippine economy grows at fastest pace in 40 years
Analysts warn global slowdown and soaring inflation point to a difficult year ahead for the Southeast Asian economy.
South Korean economy shrinks for first time since 2020
Sagging exports and private consumption see Asia's fourth-largest economy contract for first time in 2-1/2 years.
Anguish as India’s Slumdog Millionaire slum faces wrecking ball
Residents of Mumbai's Dharavi shantytown are anxious about their future as the slum faces $2.4bn redevelopment.
Spotify to announce layoffs as soon as this week: Bloomberg
Swedish audio streaming giant reportedly planning job cuts after recent layoffs at Apple, Google, Microsoft and Amazon.
Google vows to cooperate with India watchdog after Android ruling
India's top court has upheld an antitrust order forcing the tech giant to change how it markets its Android platform.
Japan’s prices rise at fastest pace since 1981
Consumer prices in the world’s third-biggest economy rose by 4 percent in December.
Is globalisation dead? At Davos, that’s the big question
Leaders at the World Economic Forum are making the case for globalisation amid fears it is in decline.
‘Not an espionage case’: Chinese-born US academic avoids prison
Judge says case against former University of Kansas professor Feng 'Franklin' Tao had nothing to do with espionage.
North Korea pledges to revitalise economy after COVID ‘victory’
The secretive state claims 'remarkable successes' after upheaval caused by the COVID-19 pandemic.
Pacific Islands fear brain drain from Australia job scheme
While work schemes offer Pacific Islanders economic opportunities, critics say they exacerbate labour shortages at home.
Indonesian nickel smelter resumes productions after deadly riot
Police say operations at the facility in Central Sulawesi have resumed following clashes that left two workers dead.
Two workers killed after clashes at Indonesian nickel smelter
Police say an Indonesian and Chinese worker died following a labour protest at a smelter on Sulawesi island.
China’s imports, exports plunge in warning sign for economy
Exports shrink 9.9 percent year-on-year in December, while imports decline 8.7 percent.