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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Japanese markets extended their slide on Tuesday as the heavy sell-off in technology stocks headed into a second day, driven in part by the overnight plunge in chipmaker Nvidia’s shares. Nvidia lost $589bn of market … Read more
Users on Chinese social media app Xiaohongshu asked if it was safe to travel to Thailand while a Hong Kong singer-actor canceled his Bangkok concert. Read More
Fresh research just dropped, and spoiler alert: Asia is absolutely killing it in the crypto space. It turns out that 60% of global crypto users are based out of Asia, officially leaving North America and Europe in the dust. According to research published on the 13th January 2025, by Foresight Ventures and Primitive Ventures, Asia … Read more
Jetstar Asia will launch direct flights linking Singapore to Labuan Bajo, the Indonesian town considered the “gateway” to Komodo National Park, the company said. The park, a UNESCO Heritage Site inscribed in 1991, is home to several thousand Komodo dragons, the largest species of lizard in the world, according to UNESCO. Komodo National Park is … Read more
For many emerging market economies, remittances have become a lifeline. Inflows surpassed $669 billion in 2023, according to World Bank research, and they now represent significant portions of GDP in these countries, often outpacing foreign direct investment as the primary source of foreign exchange. Traditional banks and agents maintain a firm grip on the remittance … Read more
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Countries like Vietnam benefited from Trump’s trade war. That could put them at risk in the second round. Read More
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