Japan’s Megabanks Forecast Record Profits Amid Rising Rates
Mitsubishi UFJ Financial Group (MUFG), Sumitomo Mitsui Financial Group (SMFG), and Mizuho Financial Group all forecast record
May 16, 2024Section
Asia
Asia-Pacific is the engine of the global economy and the main arena of US-China competition – the source of the world’s chips, the buyer of its commodities, and the swing factor in every supply chain. The Rio Times covers Asia through an emerging-market investor lens: the markets, currencies, trade policy, critical-materials leverage and the great-power contest that ripples straight into Latin America’s terms of trade. From China and India to Japan, Korea and Southeast Asia, this hub gathers our daily Asia-Pacific coverage and connects it to the wider Global South story.
Browse by themeAsia Markets & Currencies · Asia Supply Chains & Critical Minerals · Asia Tech & Semiconductors · Asia Trade & Geopolitics · Asia & Latin America
China and Russia Deepen Economic Cooperation Despite Sanctions
In a high-stakes meeting in Beijing, Chinese President Xi Jinping and Russian President Vladimir Putin discussed expanding economic
May 16, 2024
Dynamics in Southeast Asia’s Automotive Sector: Malaysia Climbs, Thailand Declines
In 2023, the automotive landscape in Southeast Asia underwent notable changes, with Malaysia surpassing Thailand to become
May 15, 2024
Bangladesh Banks Navigate Uncertain Waters Amid Merger Plans
State-owned BASIC Bank and Rajshahi Krishi Unnayan Bank (Rakub) have sought clarity from the finance ministry on their proposed mergers
May 15, 2024
Pakistan Announces Comprehensive Privatization Plan for State Enterprises
Pakistan has unveiled an extensive privatization plan for state-owned enterprises (SOEs), expanding beyond loss-making entities
May 14, 2024
Global Supply Chains Shift Amid US-China Chip Conflict
The US and China have intensified their competition over semiconductor dominance
May 14, 2024
Biden Introduces Sharp Tariff Hikes on Chinese Goods
On Tuesday, President Biden significantly raised tariffs on Chinese imports, including EVs, semiconductors, batteries, solar cells, steel.
May 14, 2024
Tech Shadows Loom Over India’s Elections
As India casts its votes to set the political course for the next half-decade, the electoral landscape is marred by...
May 13, 2024
Chinese Firms Expand Influence in Iraq’s Energy Sector
Chinese companies have secured major contracts to develop oil and gas fields in Iraq, reflecting their growing involvement in
May 13, 2024