Japan Posts Fourth Consecutive Trade Deficit in August Amidst Robust Export Growth Driven by Semiconductor Sector

TOKYO — Japan’s economy grappled with a trade deficit for the fourth consecutive month in August, a trend that underscores the persistent pressure of elevated import costs even as the…

Japan Air Self-Defense Force Global Hawk Drone Lost Contact Off Tottori Coast, Presumed Crashed

TOKYO – A state-of-the-art unmanned Global Hawk reconnaissance aircraft belonging to the Japan Air Self-Defense Force (JASDF) lost communication and is presumed to have crashed off the coast of Tottori…

China’s Economy Sinks Deeper into Quagmire as Consumption Falters and Property Investment Plummets

HONG KONG — Slower consumption and a sharper fall in property investment in August pushed the Chinese economy deeper into a quagmire, underscoring pressure on policymakers to deliver more stimulus.…

Japanese Government Faces Resistance in Budgetary Reform as Proposed Cuts Fall Drastically Short

Japanese government ministries and agencies are demonstrating a pronounced reluctance to trim their budgetary allocations, as the nation’s ambitious efficiency initiative, mirroring the principles of the U.S. "DOGE" (though the…

Big Japan startup fundraising deals hit record in January-June half

Tokyo’s vibrant startup ecosystem has witnessed a significant surge in capital deployment during the first half of 2026, with a notable concentration of investment flowing into a select group of…

Prabowo Subianto Replaces Finance Minister Purbaya Yudhi Sadewa with Deputy Suahasil Nazara in Unexpected Reshuffle

JAKARTA – In a move that has sent ripples through Indonesia’s economic and political circles, President Prabowo Subianto on Monday dismissed Finance Minister Purbaya Yudhi Sadewa, elevating his long-serving deputy,…

Pakistan Raises Record $3 Billion in International Bond Sale, Signaling Shift in Funding Strategy

ISLAMABAD – Pakistan has successfully tapped global capital markets for a record $3 billion through its largest-ever international bond issuance, a move that signals a strategic pivot away from traditional…

US-China Tensions Escalate as President Trump Faces Domestic Resistance to Chinese Auto Imports

NEW YORK – U.S. President Donald Trump has once again indicated a potential openness to allowing Chinese companies to establish manufacturing operations within the United States, a stance that is…

A New President to Lead Chubu Electric Power Amidst Seismic Data Tampering Scandal

NAGOYA, Japan — A significant leadership change is imminent at Chubu Electric Power, one of Japan’s largest regional energy providers, following the uncovering of a serious breach of integrity involving…

The Hottest Summer on Record Spurs European Air Conditioner Market Expansion

HAMBURG, Germany – Following a summer that has definitively etched itself into the annals of Western European meteorological history as the hottest on record, global air conditioning manufacturers are strategically…