America is going broke, J.P. Morgan Asset Management’s chief global strategist, David Kelly, wrote in a note this week, but no one is panicking yet because the government is going broke slowly.
YANGON -- "We used to invest in gold," said Moe Myint, a property buyer in Yangon, Myanmar's commercial capital. "But we have found that property is less vulnerable to price swings in Myanmar. So we just stay in real es…
Wells Fargo received a bold upgrade just over a week before the bank reports earnings next Tuesday.
The dollar has shown signs of stabilising, but has struggled to stay bid on Bessent’s ruling out JPY intervention and a slightly hawkish Fed. The risks of another major leg lower in USD remain elevated, even if our bias…
Huawei first paid to license Qualcomm patents in 2001. A new cross-licensing deal, if approved, will make Qualcomm the net payer for the first time. (Source photos by Reuters)
The Euro has fallen to its weakest level in over seven months against the US dollar, slipping below 1.1440 on Friday amid fresh escalations in the US-Israel-Iran conflict, sending energy markets into turmoil. Brent crud…
Thai activists staged a rally at the Israeli embassy to protest against alleged exploitation and legal violations by foreign companies. (Photo by Kenya Akama)
Japanese Prime Minister Sanae Takaichi will kick off the reopening of parliament having conducted her first cabinet reshuffle in mid-September. Takaichi, who continues to enjoy strong approval ratings, will be looking t…
Here's a closer look at the three developments that drove the action in our portfolio last week.
Dried-up river at Palangkaraya in central Kalimantan. Drought caused by a particularly strong El Nino this year has lowered river levels on the Indonesian part of Borneo island, disrupting delivery of commodities like c…
ISLAMABAD -- Strict new taxation rules could incentivize YouTubers and other content creators in Pakistan to take operations out of the country or receive money in foreign accounts to avoid paying taxes back home, exper…
Shares of Accenture surged Thursday after the company's fiscal fourth-quarter results beat estimates.
U.S. stocks are facing fresh pressure as new tariffs, rising oil prices and higher Treasury yields increase the uncertainty across financial markets. The Dow Jones Industrial Average and S&P 500 closed lower last week a…
Pedestrians walk past a Starbucks coffeehouse in Hong Kong. DFI Retail is taking control of the cafe chain's licensed operations across seven Asian markets. (SOPA Images/LightRocket via Getty Images)
Micron signaled that fiscal 2027 will be another strong year as demand for its memory products continues to exceed supply.
Katsuji Nakazawa is a Tokyo-based senior staff and editorial writer at Nikkei. He spent seven years in China as a correspondent, and later as China bureau chief, and was the 2014 recipient of the Vaughn-Ueda Internation…
The first full week of October and the final quarter of the year get underway with little fanfare in terms of the economic agenda. But far from being short on excitement, the coming week will test market nerves, as gove…
Bangkok is underwater. A month’s worth of rain fell on Thailand’s capital in a single weekend. Roads that normally carry six lanes of traffic have become rivers. Floodwater is chest-high in residential neighbourhoods in…
Project to increase supply for Asia as region experiences Iran war energy disruption
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Gold futures prices primarily reflect the cost of carry—comprising financing, storage, and insurance costs—rather than directional market forecasts. While the gold futures curve typically exhibits contango due to low ph…
HO CHI MINH CITY -- Vietnam on Monday began a mass trial of 65 medical staff, patients and other defendants over an alleged scheme in which convicts are said to have paid bribes for fake psychiatric diagnoses that would…
TASA Director-General Wu Jong-shinn, is known as Taiwan's "Rocket Uncle." (Cheng Ting-Fang)
President Xi Jinping is preparing a large business delegation to accompany him on his visit to Washington, two sources said, an unusual move given US scepticism towards Chinese investment and Beijing's strained ties wit…