South Korea's Constitutional Court upholds impeachment of President Yoon, ousting him from office
South Korea's Constitutional Court upheld the impeachment of President Yoon Suk Yeol, leading to his ousting from office and starting ...
Tag: Asia Economy
Australia central bank says it's cautious about inflation outlook as it keeps rates steady at 4.1%
The Reserve Bank of Australia maintained its benchmark policy rate at 4.1% despite lower-than-expected inflation, aiming for sustainable progress towards ...
Trump tariffs jolt Asian automakers — Toyota likely set for most pain
Recently announced U.S. tariffs on auto imports have caused concern among Asian automakers, with companies facing pressure as the duties ...
South Korea ends its longest short-selling ban in history after systemic reforms
South Korea lifted its longest short-selling ban on Monday, implemented in November 2023 after global investment bank breaches. The ban ...
Australia PM calls general election for May 3 amid cost of living crisis, tariff worries
Australian Prime Minister Anthony Albanese called a national election for May 3 amid high cost of living and rising U.S. ...
China’s industrial profits slip at start of the year as deflationary pressures, tariff risks mount
China's industrial profits slipped by 0.3% in the first two months of the year due to deflationary pressure and global ...
U.S. blacklists over 50 Chinese companies in bid to curb Beijing's AI, chip capabilities
The U.S. added 80 Chinese tech companies to its export blacklist, citing national security concerns and efforts to restrict Beijing's ...
Thailand prime minister survives no-confidence vote in parliament
Thailand's Prime Minister Paetongtarn Shinawatra survived a no-confidence vote after being accused by the opposition of being unqualified and influenced ...
Chinese EV giant BYD outpaces Tesla with annual sales of more than $100 billion
Chinese automaker BYD reported annual revenue of 777 billion yuan ($107 billion) for 2024, surpassing U.S. rival Tesla, with a ...
Singapore inflation hits four-year low, below average MAS forecast for 2025
Singapore's consumer price index grew 0.9% year on year in February, the slowest in four years, with core inflation at ...
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