Asia Economy

China calls on Japan and South Korea to reject ‘protectionism’

China calls on Japan and South Korea to reject ‘protectionism’

Adesola Mojo

SEOUL, SOUTH KOREA – MAY 26: South Korean President Yoon Suk Yeol (3rd, L) talks with Chinese Premier Li Qiang ...

Bhutan may revise its Sustainable Development Fee if travel picks up

Bhutan may revise its Sustainable Development Fee if travel picks up

Bob Elliott

Bhutan may reconsider its controversial $100 daily tourism fees if the country’s tourism industry recovers soon, Bhutan’s Prime Minister Tshering ...

Fallout between Maldives and India ‘absolutely’ benefiting Sri Lanka

Fallout between Maldives and India ‘absolutely’ benefiting Sri Lanka

Bob Elliott

Calls for Indian travelers to boycott the Maldives is “absolutely” helping Sri Lanka’s travel industry, the country’s Tourism Minister Harin ...

Sri Lanka visa problem was a ‘technical issue’ says tourism minister

Sri Lanka visa problem was a ‘technical issue’ says tourism minister

Bob Elliott

The cost to obtain a short-term visa to visit Sri Lanka rose from $50 to $100 in April. But the ...

With EVs, the ‘Detroit of Asia’ wants to be China hedge for automakers

With EVs, the ‘Detroit of Asia’ wants to be China hedge for automakers

Albert Wagner

Visitors inspect a Tesla Model Y car during the 40th Thailand International Motor Expo at the Impact Challenger hall in ...

Maharajas’ Express to Palace on Wheels

Maharajas’ Express to Palace on Wheels

Bob Elliott

Luxury trains in India date back to its colonial era, when opulent carriages transported dignitaries, officials and royalty. More trains ...

Some Covid purchasers are selling

Some Covid purchasers are selling

Bob Elliott

Some pandemic-era yacht owners are headed back for dry land. The pandemic spurred a “massive spike” in yacht sales, said ...

Microsoft to invest .7 billion into AI infrastructure in Indonesia

Microsoft to invest $1.7 billion into AI infrastructure in Indonesia

John Ray

Microsoft CEO Satya Nadella (C) arrives for a meeting with Indonesia’s President Joko Widodo at the Merdeka Palace in Jakarta ...

Bank of Japan keeps monetary policy unchanged

Bank of Japan keeps monetary policy unchanged

Lawrence Booth

A pedestrian walks past the Bank of Japan (BoJ) building in central Tokyo on July 28, 2023. Richard A. Brooks ...

Tesla shares slide, Li Auto sinks as EV makers slash prices

Tesla shares slide, Li Auto sinks as EV makers slash prices

John Ray

Pedestrians walking past a Tesla store in Shanghai, China, on March 14, 2024. CostFoto | Nurphoto | Getty Images Tesla ...