Asia Business

BTS announces comeback for spring 2026

K-pop supergroup BTS on Tuesday announced their comeback in the spring of 2026 with an album and world tour, prompting a fan frenzy as millions eagerly await their return.South Korea’s most lucrative musical act has been on a self-described hiatus since 2022 as its members undertook the mandatory service required of all South Korean men …

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Indian capital bans fuel for old cars in anti-pollution bid

India’s capital banned fuel sales to ageing vehicles on Tuesday as authorities try to tackle the sprawling megacity’s hazardous air pollution.The city is regularly ranked one of the most polluted capitals globally with acrid smog blanketing its skyline every winter.At the peak of the smog, levels of PM2.5 pollutants — dangerous cancer-causing microparticles small enough to …

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Asian stocks rise on trade deal hopes, Tokyo hit by tariff warning

Asian stocks rose Tuesday amid optimism countries will strike US trade deals, though Tokyo’s Nikkei sank after Donald Trump threatened to impose a fresh tariff rate on Japan as he hit out at the country over rice and autos.The dollar also extended losses as investors grow increasingly confident the Federal Reserve will cut interest rates …

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Wall Street stocks rally further on trade and tax deal optimism

Wall Street stocks pushed into new record territory on Monday amid optimism the United States would reach trade deals ahead of a self-imposed deadline next week and extend tax cuts.Canada said on Sunday it would restart trade negotiations with the United States after it rescinded a tax affecting US tech firms that had prompted US …

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Meta’s AI talent war raises questions about strategy

Mark Zuckerberg and Meta are spending billions to recruit top artificial intelligence talent, triggering debates about whether the aggressive hiring spree will pay off in the competitive generative AI race.OpenAI CEO Sam Altman recently complained that Meta has offered $100 million bonuses to lure engineers away from his company, where they would join teams already …

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China to resume some Japanese seafood imports after Fukushima ban

China has lifted a ban on seafood imports from most regions of Japan, partially mending a years-long dispute over Tokyo’s handling of nuclear wastewater.China and Japan are key trading partners, but increased friction over territorial rivalries and military spending has frayed ties in recent years.Japan’s brutal occupation of parts of China before and during World …

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Bangladesh’s biggest port resumes operations as strike ends

Bangladesh’s biggest port resumed operations on Monday after customs officials called off a strike that had disrupted the export and import of goods for around 48 hours.Sehela Siddiqa, Joint Tax Commissioner and secretary of the NBR Reform Unity Council — a platform of protesting workers — confirmed the resumption of activities at Chittagong and all …

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China’s top diplomat visits Europe pitching closer ties in ‘volatile’ world

China’s top diplomat heads to Europe on Monday for a visit which Beijing said will highlight ties as an “anchor of stability” in a world in turmoil.Wang Yi’s tour will take him to the European Union’s headquarters in Brussels as well as France and Germany as China seeks to improve relations with the bloc as …

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Most Asian stocks rise as investors eye US trade talks

Asian equities mostly rose Monday following a record-breaking day on Wall Street as investors kept tabs on countries’ efforts to strike trade deals with the United States before a key deadline next week.And the dollar weakened on growing expectations for more interest rate cuts, while eyes were on Donald Trump’s signature tax-cutting bill — now …

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