Tag: Asia Economy
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South Korea’s president invokes dramatic Japan realty crash to push domestic property agenda
Lee was highlighting the country’s excessive investment in real estate, and highlighted that Japan’s housing market “burst like a balloon.”
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Pentagon lowers official Iran war death toll, omitting four killed this month
The Pentagon lowered its official Iran war death toll to 14 from 18, removing four service members killed this month.
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Trump’s new global tariff draws rebukes from trade partners over forced-labor justification
U.S. trading partners have rejected the forced-labor rationale behind Trump’s new global tariffs, while most signaled plans to keep negotiating.
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U.S. to see higher generic drug prices thanks to tariffs, CEO of leading India pharma firm warns
CEO of Indian pharma company Dr Reddy’s has warned that Trump’s proposed tariffs on generic drugs will make them more expensive for patients.
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CNBC Daily Open: Brent crude is back at $100 — and Trump renews tariffs
Houthi strikes on Saudi tankers pushed Brent past $100 and Treasury yields to an 18-month high, while an AI spending jitters punished Tesla and Alphabet.
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Japan core inflation rate in June creeps up from 4-year low as higher oil prices bite
This is the first rise in core inflation since March, and was in line with the1.6% growth expected by economists polled by Reuters.
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Russia’s Amazon-style retail giant Wildberries is now in Ukraine’s crosshairs. Here’s why
Ukraine has ratcheted up its attacks on Russia’s Amazon-style retail giant Wildberries, signaling a new phase in the war.
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Gen Z protests led by India’s ‘Cockroach party’ are testing Modi’s leadership
Student protests organized by a pseudo-political outfit, Cockroach Janta Party, are gaining momentum as they challenge the political establishment.
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Chip firm priced as China’s most valuable company before its IPO brings scrutiny to crypto platform
The outsized premium was due in part to offshore investors who, locked out of the highly anticipated listings, turned to crypto for a parallel market.
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Inside India newsletter: Skyroot rocket puts India alongside U.S., China in private orbital launch
Indian startup Skyroot joins Chinese and American private companies in the race to launch satellites in low orbit.
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