NATO countries may agree as soon as this summer to spend at least 2% of their economic output on defense, a slight shift from the alliance’s 10-year-old pledge to “move toward the 2% guideline.”
Banpu Pcl, Thailand’s largest coal producer, plans to boost its investments in US shale gas as it prepares for the New York listing of its American unit this year.
Taiwan will reopen its borders to individual travelers from Hong Kong and Macau starting from next week as part of efforts to revive the tourism industry after the Covid pandemic.
As Australian central bank Governor Philip Lowe prepares for his first public appearance of the year on Wednesday, speculation is mounting that he won’t be offered an extension in the role, prompting local media to begin looking at possible successors.
Escalating US efforts to curb the crypto sector kept a lid on digital-asset prices Tuesday as investors digested the implications of an aggressive American regulatory posture.
Tokyo’s condo market is showing early signs of cooling after policy tweaks by the Bank of Japan spurred speculation that mortgage burdens may rise, prompting some homebuyers to think twice before purchasing.
US Navy salvage operations have recovered “significant debris” from the remains of what officials say was a Chinese surveillance balloon shot down off the coast of South Carolina last week, according to US Northern Command.
Asian technology stocks will remain unattractive as the dollar rallies in tandem with investors capitulating on bets for interest rate cuts from the Federal Reserve, according to Vantage Point Asset Management’s Nicholas Ferres.
India’s love for discounted Russia oil is widening its trade deficit with Moscow and the casualty is their much-touted rupee trade plan.
President Joe Biden has decided to name Federal Reserve Vice Chair Lael Brainard as his top economic adviser, with an announcement coming as soon as Tuesday, people familiar with the matter said.
