Asia Economy

Modi, Biden pledge to deepen India-U.S. partnership as world leaders meet in Delhi for G20 summit

NEW DELHI — Indian Prime Minister Narendra Modi and U.S. President Joe Biden pledged to deepen the partnership between their…

India’s ‘freedom’ takes precedence over being a U.S. ally, says think tank 

India’s relationship with the United States is the strongest it’s been in years. U.S. President Joe Biden and Indian Prime…

Vice President Harris will face doubts and dysfunction at the Southeast Asian nations summit

Vice President Kamala Harris will deepen her outreach to Southeast Asia this week at an international summit in Jakarta, Indonesia, where she’ll…

China says drop in trade with the U.S. is ‘a direct consequence of U.S. moves’

BEIJING — China’s ambassador to the U.S., Xie Feng, has blamed U.S. tariffs and export controls for a drop in…

U.S. Commerce Secretary Raimondo calls on China to provide more predictability for business

BEIJING — U.S. Commerce Secretary Gina Raimondo has called on China to improve the predictability of the business environment for…

U.S.-India relationship has reached new heights as the two align across policy areas, USTR says

U.S. Trade Representative Katherine Tai said the U.S.-India relationship is reaching new heights as the two align “across all the…

Raimondo meets Chinese officials in ‘tricky’ visit as countries seek a more stable relationship

U.S. Secretary of Commerce Gina Raimondo is set to meet with senior Chinese officials and U.S. business leaders in Beijing…

Singapore’s OCBC bank suffers brief outage, shares gain 1%

SINGAPORE — Southeast Asia’s fourth largest bank OCBC suffered a short outage on Monday that affected its digital and card…

China’s deflation could spill over into a global concern, economists say

China’s economic challenges have given rise to deflationary pressures that present a global concern and are likely to accelerate in…

China’s property troubles aren’t getting better, intensifying calls for bolder policy help

China’s real estate troubles are accelerating. Prospective home buyers are holding back on making purchases, leading to weak sales that…