Asia Economy

China’s inflation numbers miss expectations, rising 0.2% in June

BEIJING — China’s consumer price inflation rose by 0.2% in June from a year ago, missing expectations, while producer prices…

Financial crimes watchdog removes Turkey from money laundering ‘gray list’

The Financial Action Task Force, an international watchdog organization dedicated to combating money laundering and illicit cash flows, on Friday…

Cisco is ‘very optimistic’ about its expanding business with China EVs

DALIAN, China — Cisco is “very optimistic” about its growing business with Chinese electric car companies as they expand overseas,…

Bank of Japan set to reduce JGB purchases, stands pat on interest rate

The Bank of Japan kept its benchmark interest rate unchanged on Friday, but indicated it’s considering the reduction of its…

U.S. economic engagement in Indo-Pacific ‘isn’t about China,’ Commerce Secretary Raimondo says

America’s economic engagement in Indo-Pacific “isn’t about China” but for strengthening U.S. presence in the region, Commerce Secretary Gina Raimondo…

The best banks in the Asia-Pacific region, according to customers

SINGAPORE — Customers in Asia-Pacific have picked their favorite banks as lenders scramble to meet consumer expectations in a fast-changing…

India’s Narendra Modi declares victory despite weaker mandate

Indian Prime Minister Narendra Modi declared victory in the country’s election late on Tuesday, despite a disappointing election that saw…

Modi’s party loses majority in shock India election result

Indian Prime Minister Narendra Modi will have to seek power-sharing agreements for a historic third term in power, with his…

India kicks off vote counting for the world’s biggest election, with exit polls projecting a Modi victory

India started counting votes for its 2024 general election on Tuesday, with Narendra Modi projected to win a rare third…

Modi’s BJP-led alliance projected to win decisive majority in India’s election, exit polls show

India’s Prime Minister Narendra Modi looks set for a rare third consecutive term in power, as local exit polls on…