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Economy

Trump rebuilds tariff wall with new rates on 60 countries

Japan, China face 12.5% tax while India, Malaysia, Bangladesh, Cambodia hit with 10% Goods coming from India, Malaysia, Mexico, Bangladesh, Cambodia are among the countries that were given a 10% tariff rate, while Chinese goods were given a 12.5% levy. © Reuters NEW YORK -- The U.S. unveiled tariffs on dozens of trading partners, ranging from 10% to 12.5%, on Thursday, as officials rebuild President Donald Trump's trade agenda after legal setbacks.

July 24, 2026

Economy

Intel posts fastest revenue growth in 15 years on rising CPU demand

Demand for CPUs now almost on par with GPUs, US chipmaker says The sales increase was driven mainly by Intel's data center and AI segment, which reported 59% revenue growth to $6.3 billion. © Reuters PALO ALTO, California -- U.S. chip giant Intel reported the strongest quarterly revenue growth in more than 15 years Thursday as demand for its central processing units (CPUs) rises amid the buildout of artificial intelligence computing infrastructure.

July 24, 2026

Economy

Cambodian economy suffers as Thai conflict blights bilateral trade

One year after fighting started, closed border leaves millions looking for alternative work Patriotic signage in support of the Cambodian government and military leadership sits atop empty market stalls at Poipet's New Market. (Photo by Ananth Baliga) POIPET, Cambodia -- Until last year, Nget Nhean was employed in Poipet, a Cambodian city on the border with Thailand, helping migrant workers, traders and transporters apply for short-term permits and passports to work in the neighboring nation. But after the border was closed in June 2025 over rising political tensions that erupted into military clashes, Nget Nhean was left unemployed.

July 24, 2026

Economy

Japanese satellite operator seeks Southeast Asia demand on China tensions

CEO says Sky Perfect JSAT can contribute to cost-effective surveillance in the region Eiichi Yonekura, president and CEO of Sky Perfect JSAT, speaks during an interview on July 22 in Tokyo. (Photo by Yuki Kohara) TOKYO -- Japan's Sky Perfect JSAT expects demand for its satellite imagery and analytics services to rise across Southeast Asia as maritime tensions with China increase and governments seek cost-effective surveillance capabilities.

July 24, 2026

Economy

Yen nears 164 as oil prices hit $100 per barrel

Yields rise, stocks fall as tensions escalate in the Middle East The yen weakened against the U.S. dollar in the morning, depreciating further from the previous days' near four-decade lows. (Photo by Hikaru Yagi) TOKYO -- The yen approached 164 to the dollar as Brent crude oil futures reached over $100 on Friday as tensions escalate in the Middle East.

July 24, 2026

Economy

Taiwan eases rules on foreign telecom satellites, eyes Musk’s Starlink

Taipei signals security a key consideration; China lobs rhetorical warning shot Taiwan currently has no low-Earth orbit satellites of its own, a deficiency that the government is eager to address through partnerships and, eventually, with its own network. (Screenshot from Taiwan Space Agency's website) TAIPEI -- Taiwan has loosened rules on foreign ownership of satellite operators, potentially opening the door for Elon Musk's Starlink and others to run internet services there amid concerns that communications could be cut off in a crisis with China.

July 24, 2026

Economy

Japan pulls rare earths from Pacific seabed in drilling test

Move marks potential step to reduce reliance on China-centric supply chain Japan has recovered rare earth elements critical to semiconductors, electric vehicles and defense applications from a deep-sea drilling test near Minamitori-shima, a remote Pacific island. (Photo by Ryoko Shimonoya) TOKYO -- Japan has recovered rare-earth elements critical to semiconductors, electric vehicles and defense applications from a deep-sea drilling test, marking a potential step toward reducing its reliance on China-dominated supply chains.

July 24, 2026

Economy

US officials threaten to sanction Chinese AI startups after Moonshot release

Surge in popularity of China-origin open-source models spurs anxiety in Washington Moonshot AI's latest model, Kimi K3, is said to trail only Anthropic's Claude Fable 5 and OpenAI's ChatGPT-5.6 in terms of performance. (Nikkei montage/Source photos by Getty Images) HONG KONG -- Officials in the Trump administration are threatening sanctions and other actions against Chinese artificial intelligence startups including Moonshot, alleging they are stealing intellectual property from American frontier AI labs.

July 23, 2026

Economy

Foxconn EV chief says driverless technology to arrive sooner than expected

Jun Seki sees Level 4 and higher going mainstream by 2040 as costs fall and reliability improves Jun Seki, Foxconn's chief strategy officer for EVs, speaks to Nikkei Asia on July 21 in Tokyo. (Photo by Yuki Kohara) TOKYO -- The executive in charge of the electric vehicle business at Taiwan electronics manufacturer Foxconn says the adoption of advanced autonomous driving technology is likely to come sooner than previously expected.

July 23, 2026

Economy

Australian tungsten miner gets billionaire backing as prices soar

China curbs fuel concerns over supply for industry, defense and semiconductors Prices of tungsten, which has a vast range of industrial uses, have surged since last year. (Nikkei montage/Source photos by Reuters) CANBERRA -- China's continued squeeze of tungsten supplies is fueling a scramble in Australia and elsewhere to boost output as prices of the strategically vital critical metal soar.

July 23, 2026

Economy

Hong Kong’s trophy offices surge as financial firms fuel uneven recovery

Secondary districts struggle to keep pace despite broader improvement Two IFC in Central towers over other buildings on Hong Kong's skyline. Demand for premium offices in the business district recovered in the first half of 2026. (Photo by Anne Chan) HONG KONG -- Jason Yao, a senior managing director at private equity firm Ardian, wishes he had leased a bigger office in Hong Kong.

July 23, 2026

Economy

Indonesia’s LGBT community faces rising threats from new regulations

Recent vigilante attacks on trans women reflect 'quickly deteriorating' situation An activist carrying a rainbow flag takes part in a rally to support women's and LGBT rights outside the National Monument complex in Jakarta in March 2022. © Reuters SURABAYA, Indonesia -- Human rights watchdogs are sounding the alarm about escalating persecution of Indonesia's LGBT community, in the wake of recent vigilante attacks against transgender women and new regulations fueling fears of further threats.

July 23, 2026