Economy

U.S. Treasury Secretary Scott Bessent leaves the trade talks with China in London on June 10.
11 June 2025
Steel production from recycled scrap at a foundry in Peshawar, Pakistan.
International relations

Pakistan, Russia to rebuild steel plant Soviets operated until 1992

Modern mill promises multiple economic benefits including reduced imports

26 May 2025
The two countries signed the accord in Washington after months of sometimes fraught negotiations.
Ukraine war

US, Ukraine say they sign deal for joint investment fund

Draft said it would give US preferential access to natural resources

1 May 2025
Avoiding an "unintentional military clash" with China must be a top priority for Washington, says former U.S. Deputy Secretary of State Kurt Campbell. (Photo by Yuji Murakami) 
Interview

Asia hand Kurt Campbell fears US-China miscalculation in Trump era

Ex-deputy secretary of state urges Japan to be 'intrepid,' take bigger regional role

26 April 2025
Russian President Vladimir Putin chairs a meeting via a video link in Moscow on April 1. 
Trade war

Russia and North Korea escape worst of Trump's tariff wrath

U.S. has announced levies on allies including EU, Japan and South Korea

4 April 2025
President Xi Jinping, left, speaks to Premier Li Qiang after his work report speech on March 5. The "Two Sessions" held in Beijing over the last eight days offered a glimpse of China's priorities as it confronts U.S. President Donald Trump. (Photo by Tomoki Mera)
China People's Congress

China steels itself against Trump: 5 takeaways as NPC closes

Beijing's annual conclave lays foundation for superpower tussle

11 March 2025
Russian companies hold about 40% of the global market for enriching uranium.
Energy

Russia, China turn nuclear fuel into bargaining chip with the West

U.S. ban on Russian imports has led to greater dependence on Beijing

14 January 2025
Electric cars of Zeekr, a premium brand owned by Chinese automaker Geely, are on display at the Frank-Auto dealership in Moscow on June 14.
Automobiles

Chinese used-car exports surge 45% on strong Russian EV demand

Some 400,000 vehicles were shipped abroad last year

12 January 2025
Russian President Vladimir Putin, right, shakes hands with Indian Prime Minister Narendra Modi. India is among the top borrowers from Russia.
International relations

Russia boosts lending to India, Bangladesh, other friendly nations

Jump in funding amid geopolitical tug of war with West may come at domestic cost

24 December 2024
Land Cruisers were the most listed restricted Japanese vehicle model on a Russia auto website. (Screenshot from Business Car; VIN partly redacted)
Trade

Land Cruisers, Mercedes SUVs slip through cracks in Russia sanctions

Over 2,000 new-model Japanese and German cars listed on Russian online dealer

15 December 2024
German Vice Chancellor Robert Habeck speaks on Oct. 26 about his country's relations with China. (Photo by Shogo Akagawa)
Interview

Germany's reliance on China, Russia was like being 'doped': vice chancellor

Berlin to push ahead with derisking, doesn't face structural recession: Robert Habeck

31 October 2024
Wheat is loaded into a truck in Russia's Omsk region. Russia is the world's leading exporter of the grain.
Commodities

Russia wants BRICS to become OPEC for wheat. Will members buy it?

Putin proposes grain exchange in response to record-low prices

26 October 2024
Despite tighter trade restrictions, Russia is still one of the most important export markets for used Japanese cars. (Photo by Yudai Hasegawa)
Automobiles

Japan used car exports to Russia solid despite new restrictions

Demand shifts to smaller vehicles after trade ban on large cars last year

25 October 2024
Chinese President Xi Jinping, far left, Russian President Vladimir Putin, center, and Indian Prime Minister Narendra Modi, far right, sit with other leaders at the BRICS summit in Kazan, Russia, on Oct. 23. (brics-russia2024.ru host photo agency via Reuters)
International relations

As BRICS expands, its recruits chase disparate goals

Prospective partners include both adversaries and allies of Western countries

25 October 2024
Oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia, in June 2023. Figures from the Middle East suggest Shanghai Petrochem now sources 10% of its crude from Russia.
Commodities

Shanghai Petrochem reveals more Russia oil buying as Li Qiang visits

Executive stresses 'price' is key; Chinese premier cements economic ties with Putin

22 August 2024
The Fuqing Nuclear Power Plant in China's Fujian province. China has built 39 reactors over the past decade. (Fuqing Nuclear Power Plant)
Energy

China and Russia drive global nuclear power capacity to record high

With as many reactors as France, China is building more while pursuing new tech

22 August 2024
Though the majority of Asian countries did not join in the West's sanctions against Russian oil, they are expected to abide by them.
Opinion

'Dark fleet' of oil tankers risk more maritime disasters in Asia

The West needs to bring Russian oil shipping out of the shadows

12 August 2024
North Korean leader Kim Jong Un and Russian President Vladimir Putin ride in a car together in Pyongyang on June 19. (KCNA via Kyodo)
Comment

North Korea faces limits of economic boon from Russia 'alliance'

For Moscow, long-term partnership with Pyongyang may have little upside

3 August 2024
Indian Prime Minister Narendra Modi meets Russian President Vladimir Putin at the Kremlin on July 9. (Sputnik/Kremlin via Reuters)
Trade

India and Russia look to boost bilateral trade by 50% by 2030

Target of $100bn set during Modi's Moscow visit comes amid U.S. concerns

28 July 2024
Russian President Vladimir Putin speaks to journalists after the Shanghai Cooperation Organization summit meeting in Kazakhstan on July 4. (Pool photo via Reuters)
Comment

Russia woos Global South in push for new world order

Gambit to curb Western influence hinges on outcome of Ukraine war

11 July 2024
A train runs near the Chinese border in Kazakhstan. Much of the railway in Central Asia's Middle Corridor has aging infrastructure.
Transportation

Central Asian railway to offer new link between China, Europe

New rail network would bypass problematic routes through Russia and Red Sea

10 July 2024
Indian Prime Minister Narendra Modi and Russian President Vladimir Putin meet in September 2022 on the sidelines of the Shanghai Cooperation Organisation's summit in Uzbekistan.
International relations

Modi travels to Moscow for first time since Ukraine war

Visit shows 'resilience' of India-Russia ties amid global uncertainty, observers say

8 July 2024
Samsung Electronics workers hold a rally in Hwaseong, south of Seoul, on April 17 to demand better working conditions. (Photo by Kim Jaewon)
Your Week in Asia

Modi meets Putin, Samsung faces strike, Philippines-Japan '2-plus-2'

Your weekly lineup of Asia's biggest business and political events

7 July 2024
North Korean leader Kim Jong Un speaks at a plenary meeting of the Central Committee of the ruling Workers' Party of Korea. (KCNA via Reuters)
Economy

North Korea's Kim talks up economy amid closer Russia ties

Food shipments seen easing shortage as farming and China trade recover

3 July 2024
Russia's President Vladimir Putin meets with North Korean leader Kim Jong Un upon his arrival in Pyongyang on June 19.
International relations

Russia's Putin lands in North Korea for talks with Kim Jong Un

Need for ammunition in Ukraine war seen as an impetus for first visit in 24 years

19 June 2024
The China-led Myitsone dam project in Myanmar's Kachin state was designed to produce as much electricity as six nuclear reactors.
Myanmar Crisis

Myanmar revives stalled infrastructure projects with China and Russia

Military regime moves to woo key partners amid pressure at home

16 June 2024
Russian President Vladimir Putin delivers a speech at the St. Petersburg International Economic Forum on June 7.
International relations

Putin woos China and India investment to build sanctions resilience

Russia president highlights diversifying trade and calls for stronger capital market

8 June 2024
Russian President Vladimir Putin and Chinese President Xi Jinping meet in Beijing on May 16. (Pool photo via Reuters)
Ukraine war

Russia trade isolation grows as Chinese banks cut payments

As U.S. sanctions target Ukraine war aid, Moscow's China imports shrink by 10%

4 June 2024
Masato Kanda, Japan's vice finance minister for international affairs, spoke with Nikkei. (Photo by Tokuyuki Matsubuchi)
Interview

Japan top currency diplomat calls for stepping up structural reforms

Kanda sees G7 officials discussing Chinese overcapacity this week amid U.S. tariffs

22 May 2024