Tag: Asia Economy
South Korea, U.S. in working to adjust regulations
Hyundai executives and government officials break ground on the automaker's new "Metaplant America" in Bryan County, Georgia, on Tues., Oct. 25, 2022. [...]
Japan intervened, buying yen in FX market late Friday: Reuters
Japan's finance ministry on Sept. 22, 2022 intervened in the currency market to bolster the yen, which has plummeted against the U.S. dollar in recent [...]
When will Asia’s travel industry recover? Maybe as soon as 2023
A new report indicates the travel industry in Asia-Pacific may be the only one in the world to recover by 2023.This year's "Travel & Tourism Econo [...]
Weak yen to boost travel; no full rebound without China
After more than two years of strict Covid-19 border controls, Japan reinstated visa-free travel to 68 countries on Tuesday.Maki Nakamura | Digitalvisi [...]
More flights in Asia may cause airfares to fall, but it may take time
Many flights that were canceled during the pandemic are returning to the skies this month.Last week, Singapore Airlines and Scoot announced they're ad [...]
Asia markets trade higher after U.S. stocks rally for a second day
A man walks past the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Monday, Nov. 30, 2020.Toru Hanai | B [...]
Climate reparations ethical but not best fix: Climatologist
Displaced people in floodwater after heavy monsoon rain at Usta Mohammad city, in the Jaffarabad district of Balochistan province, on Sept. 18, 2022. [...]
U.S., South Korea working to rectify problems on EV subsidies: Korea minister
South Korean and U.S. officials are working toward a "concrete proposal" to resolve their differences over electric vehicle subsidies, South Korea's t [...]
India’s startup market has tremendous potential
India's startup market is worth betting on, though it's still "a few years" behind China's, Facebook co-founder Eduardo Saverin said. During a panel d [...]
What is required to travel to Hong Kong? Many, many tests
Travelers headed to Hong Kong no longer need to quarantine in a hotel upon arrival. But they will have to submit to a barrage of Covid tests.They can [...]
Why analysts are bullish on the SGD
"The Singapore dollar is usually considered a haven currency compared to Southeast Asian peer currencies," said Max Lin, Asia FX and rates strategist [...]
Analysts discuss U.S. interest rates, dollar, Asian Financial Crisis
The world economy may be facing conditions seen during the 1997 Asian Financial Crisis — aggressive U.S. interest rate hikes and a strengthening U.S. [...]
Impact on Philippines, Indonesia, Thailand: Nomura
Rice production in India has fallen by 5.6% year on year as of September in light of below-average monsoon rainfall, which has affected harvest, Nomur [...]
How much does it cost to visit Bhutan? $200 a day plus travel costs
The Kingdom of Bhutan is reopening to tourists on Friday with a hefty hike to its daily tourist tax.Before the country closed its borders in March 202 [...]
Why Toyota – the world’s largest automaker – isn’t all-in on EVs
Roughly two decades ago, Toyota Motor became the preferred carmaker of U.S. environmentalists and eco-conscious consumers with its Prius hybrid, an "e [...]