Taiwan is on track for its first year of double-digit GDP growth since 2010, thanks to surging demand for AI hardware exports. It’s not the only economy reporting surging growth and export numbers. Japan, Malaysia, Singapore and mainland China all reported over 20% growth in exports in July. Exports from South Korea, home to chipmaking
One in three Singaporean business owners still use their personal bank accounts for their company banking needs, trying to escape high transaction fees, according to a survey from MariBank, a digital bank owned by Southeast Asian tech firm Sea. That creates tax and legal headaches, as business owners find it difficult to deduce their legitimate
In June, the U.S. National Oceanic and Atmospheric Administration warned that there is a 63% chance of a very strong El Niño developing before the end of 2026, potentially rivaling the most severe episodes since records began in 1950. The 1997-98 El Niño, one of the strongest on record, triggered severe floods and droughts across
Landslides triggered by one of the strongest storms in decades have killed at least 15 people in the southern Philippines, as parts of East Asia brace for the approaching storm. Typhoon Bavi, which spans 1,000 kilometers (620 miles) at its widest point (about the width of France), is crossing the Pacific toward Taiwan. It is