Trump Allows China to Keep Buying Iranian Oil, Changing the Global Oil Market
On June 24, 2025, U.S. President Donald Trump said that China can keep buying oil from Iran. He made this...
June 24, 2025Section
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.
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Japan’s Highest Inflation in Two Years Sparks Economic Concerns
Japan’s core inflation hit 3.7% in May 2025, its highest level in over two years, according to official data. This...
June 20, 2025
Iran as the Unforeseen Fault Line in U.S.-China Rivalry
As Chinese cargo planes vanish into Iranian airspace, their transponders ominously silenced, and President Donald Trump weighs deploying
June 19, 2025
Iran and U.S. to Talk Directly as Israel-Iran Conflict Grows, New Nuclear Plan Discussed
Iran and the United States have started direct talks while fighting between Iran and Israel has become more intense
June 19, 2025
China’s Biggest Shopping Festival Sees Sales Drop as Shoppers Tighten Budgets
China’s biggest mid-year shopping event, known as the 618 Festival, finished this week with little excitement from shoppers
June 19, 2025
Corn Import Collapse Lays Bare China’s Economic Troubles Beneath Government’s Growth Narrative
China has sharply reduced how much corn it buys from other countries, according to official data from the General Administration
June 18, 2025
China’s Central Bank Wants the Yuan to Matter More Globally, But Big Hurdles Remain
China’s central bank governor, Pan Gongsheng, announced a new plan on June 18, 2025, to make the yuan more important
June 18, 2025
Iran’s Supreme Leader Threatens U.S. with “Irreparable Damage” Amid Demands for Surrender
Iran’s Supreme Leader, Ayatollah Ali Khamenei, has warned the United States that any military intervention in the current
June 18, 2025
U.S. Tariffs Push Japan’s Economy Toward Recession as Exports Falter
Japan’s economy is feeling the pressure as new U.S. tariffs make it harder for Japanese companies to sell their products...
June 18, 2025