People shop at the Grand Bazaar in Istanbul. Turkey's fragile economy is suffering from high inflation and exchange rate volatility.
Opinion

Japan must wake up to the potential of boosting economic ties with Turkey

PM Kishida should use this 100th anniversary year of relations to visit Ankara

6 August 2024
The four companies were added to the U.S. Entity List for their connections to the training of China's military forces.
US-China tensions

U.S. adds four firms to trade restriction list for China military links

Washington adds total of six companies to Entity List, citing national security

3 July 2024
Xpeng holds a launch event in Cairo this June for two EV models in Egypt. (Xpeng)
Electric cars in China

China EV makers Neta, Xpeng turn to Africa amid European backlash

Emerging markets gain shine as Europe preps higher tariffs on China-built models

3 July 2024
Supporters of Iranian presidential candidate Saeed Jalili hold posters of him on a street in Tehran.
Politics

Iranians vote in presidential polls as economic crisis bites

U.S. elections could shift standoff over Tehran's disputed nuclear program

28 June 2024
A billboard with a picture of Iran's late President Ebrahim Raisi and the country's new presidential candidates is displayed on a street in Tehran.
Your Week in Asia

Iran picks new president, China lawmaking body meets, Vietnam GDP

Your weekly lineup of Asia's biggest business and political events

23 June 2024
A family member pays respects during the funeral of a Kuwait fire victim, in the Pathanamthitta district of the Indian state of Kerala on June 15. Rampant unemployment in their home country has chased millions of Indians abroad.
Politics

India calls for stronger protections for its overseas workers

Kuwait fire that killed 45 Indians highlights migrants' harsh living conditions

17 June 2024
Staffers handle the coffin of the late Iranian President Ebrahim Raisi during his burial ceremony in the holy shrine of Imam Reza on May 23.
Your Week in Asia

Iranian presidential race, Chinese inflation, BOJ policy meeting

Your weekly lineup of Asia's biggest business and political events

9 June 2024
Cars to be exported sit at a terminal in the Chinese port of Yantai in January 2024. (China Daily via Reuters)
Trade war

Turkey to impose 40% additional tariff on vehicle imports from China

Charge to be at least $7,000 per vehicle, starting July 7

8 June 2024
United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan, South Korean President Yoon Suk Yeol and his wife Kim Keon Hee watch the Black Eagles aerobatic team over the Presidential Office in Seoul on May 29.
Trade

South Korea and UAE agree to slash duties and strengthen ties

Malaysia, Vietnam and the Philippines also work toward pact with the emirates

29 May 2024
A cargo vessel at the port in Chabahar, Iran, during an inauguration ceremony for the first export convoy to India via Iran in February 2019.
26 May 2024
Indian External Affairs Minister Subrahmanyam Jaishankar delivers a video address at the Future of Asia forum in Tokyo on May 24. (Photo by Yuki Kohara) 
The Future of Asia 2024

India seeks to extend influence in Middle East, Africa: Jaishankar

Foreign minister says country's transformation is crucial for building multipolar world

24 May 2024
A construction site in Istanbul. Turkey will halt public investment in new buildings for three years.
Inflation

Turkey slashes public investments 15% to rein in inflation

Erdogan's government switches gears toward an estimated $3bn in spending cuts

15 May 2024
Dubai's real estate market has attracted a lot of investment from overseas and achieved high growth. 
Terrorism

Terrorist groups suspected of funneling money to Dubai properties

'Dubai Unlocked' project finds individuals with alleged links to Hezbollah, Houthis among owners

15 May 2024
Filling up at a petrol station in Karachi, the Pakistani commercial capital. Pakistan receives millions of barrels of smuggled Iranian finished petroleum products annually.
International relations

Iran smuggles $1bn worth of fuel into Pakistan annually: report

Traders sneak petrol and diesel across border in corruption-riddled trade

7 May 2024
Pakistani Prime Minister Shehbaz Sharif, right, walks with Iranian President Ebrahim Raisi in Islamabad on April 22. (prime minister's office handout via Reuters)
International relations

Pakistan and Iran agree to boost trade, but Washington casts long shadow

Sanction fears could make it tough for neighbors to expand bilateral business

25 April 2024
A liquefied natural gas production site in the United Arab Emierates: Japan's Mitsui & Co., along with a state-owned Emirati company and European producers will develop a new LNG project in the UAE.
Energy

Mitsui & Co. set to take part in $7bn LNG project in UAE

New gas field expected to produce 10 million tonnes annually

23 April 2024
Tokyo stocks lost 3.4% at one point in morning trading on April 19 as other Asian bourses also declined.
Markets

Asian stocks fall as concern over Middle East spurs selling

Nikkei and KOSPI down by 3%; yen strengthens, other currencies weaken

19 April 2024
A man stands outside a currency exchange bureau in downtown Nairobi, Kenya. Emerging economies around the world are feeling the pressure of a strong greenback.
Economy

From Indonesia to Japan, dollar's rising strength raises global alarm

G20 finance ministers likely to discuss issue as their currencies depreciate

14 April 2024
Istanbul Mayor Ekrem Imamoglu retained power in a landslide win for the main opposition Republican People's Party in Turkey's local elections on March 31.
Politics

Erdogan's local election drubbing points to tough time at 2028 vote

Istanbul Mayor Imamoglu's win puts him as top challenger for Turkey's presidency

3 April 2024
Saudi Crown Prince Mohammad bin Salman, right, and Japanese Prime Minister Fumio Kishida signed a deal for joint cooperation on rare-earth metals and green hydrogen. (Handout via Reuters)
Opinion

Asia-Pacific's Gulf links on course to expand despite Red Sea troubles

Momentum behind new trade and investment flows too strong to be derailed

29 March 2024
The opening ceremony for China's military base in Djibouti in August 2017: One of its ostensible missions is to fight piracy. 
Opinion

Red Sea inaction proves China is not a 'responsible stakeholder'

Beijing well-positioned to join fight against Houthi piracy but is standing aside

13 March 2024
A four-lane toll road linking the Azerbaijani capital of Baku with the Russian border opened in October. (Photo by Nikkei)
International relations

Russia-India trade route through Central Asia moves forward

Azerbaijan's role in shipping corridor turns into military advantage

12 March 2024
Bank of Israel Gov. Amir Yaron told Nikkei in a recent interview: "Israel has a dynamic, resilient economy. ... We're seeing credit card spending above prewar levels in almost all categories."
Middle East crisis

Israel's economy well prepared for risks, says central bank governor

Amir Yaron says credit card spending is above prewar levels

5 March 2024
Former Turkish President Abdullah Gul: "Many nations and countries in the world are having more sympathy towards the authoritarian regimes because of the West's blind support for Israel." (Photo by Cevahir Bugu)
Interview

Turkey's ex-president slams U.S. 'double standards' on Israel, Ukraine

Abdullah Gul says West's policies on conflicts could benefit China

3 March 2024