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July 01, 2026
 

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INDIA

India has appealed to citizens to drop overseas trips and avoid gold purchases to protect a rupee that is among the world's ​biggest losers since war in the Middle East reduced crude supplies.
BUSINESS / Markets / ANALYSIS
May 22, 2026
Asia’s currencies are flashing the oil shock alarm
Asia buys about 80% of oil shipped through the Strait of Hormuz, and stress in foreign exchange markets is one of the clearest signs of rising fuel prices starting to hurt growth.
Viranchi Shah, spokesperson for India's Drug Manufacturers' Association, the largest industry body of Indian pharmaceutical manufacturers, speaks during an interview in Ahmedabad, India.
BUSINESS
May 21, 2026
Indian pharma fuels Africa’s ‘zombie drug’ and opioid crisis
Customs records show millions of dollars’ worth of the high-strength synthetic opioid being shipped from India every month to Nigeria, Sierra Leone and Ghana.
A small portable cooler at a shop on the outskirts of Nagpur, India
ENVIRONMENT / Climate change
May 21, 2026
In India’s parched heart, high power costs put cooling out of reach
“We keep our consumption to a bare minimum. Just enough to get some rest in the night.’’
Chinese leader Xi Jinping greets U.S. President Donald Trump outside the Great Hall of the People in Beijing during their two-day summit on May 14.
COMMENTARY / Japan
May 20, 2026
How will Japan react to Trump’s China pivot?
For Tokyo, the critical issue is whether the U.S. is fundamentally rethinking its approach toward China — and whether that shift could leave Japan dangerously exposed.
A man brings an empty liquefied petroleum gas canister to a depot in New Delhi on Monday. India is the second-largest importer of LPG in the world and is suffering acute shortages of the fuel, used in cooking gas and industrial processes.
BUSINESS / Markets
May 19, 2026
How India’s cooking fuel shortage is driving up California’s gas prices
Both symptoms of the worst-ever energy supply disruption, they are directly connected and evidence of the effects across the global economy of the U.S.-Israeli war with Iran.
Indian billionaire Gautam Adani attends the 51st Gems and Jewellery Awards in Jaipur, India, in 2024.
BUSINESS
May 19, 2026
U.S. drops charges against Gautam Adani after settlements and investment pledge
The move is a boon for Asia’s richest person and his companies, and a reversal by U.S. officials on cases brought at the end of the Biden administration.
The war in Iran is fueling currency crises in energy-importing countries, underscoring the need to accelerate the transition to electric vehicles and renewable energy to shield economies from fossil-fuel shocks.
COMMENTARY / World
May 18, 2026
The energy crisis is becoming a currency crisis
The biggest losers include the Egyptian pound, the Philippine peso, the South Korean won and the Thai baht.
Russian President Vladimir Putin and his Belarusian counterpart, Alexander Lukashenko, attend the Victory Day military parade in Moscow on May 9, the day Russia celebrates the anniversary of the Soviet Union’s victory over Nazi Germany in WWII.
COMMENTARY / World
May 18, 2026
How Moscow lost friends and global influence
With even Russia’s closest friends hedging their bets, the Kremlin’s ability to project power and shape world affairs has been severely weakened.
People walk outside the National Stock Exchange in Mumbai in October 2024
BUSINESS
May 17, 2026
India missed out on AI and now its run as market darling may be over
In a stark shift, India’s stock market is on the verge of dropping out of the world’s five biggest for the first time in three years.
The Reserve Bank of India headquarters in Mumba on April 8
BUSINESS / Economy
May 14, 2026
War turmoil saps Asian reserves with Philippines and India hit most
The slide in reserves adds to evidence that Asia has been one of the biggest losers from the Middle East conflict due to its reliance on energy imports.
Indian Prime Minister Narendra Modi greets members of the Indian contingent of the United Nations Interim Force in Lebanon in the Israeli coastal city of Haifa in July 2017. The country’s military modernization may be undermined by politically selected generals.
COMMENTARY / World
May 14, 2026
Is Modi ‘coup-proofing’ India’s military?
India’s effort to modernize and integrate its military through the chief of defense staff position is increasingly being undermined by politically controlled appointments.
India’s PM Narendra Modi waves to supporters at BJP headquarters in New Delhi on May 4, the same day he declared victory in West Bengal, a state his party had never ruled.
COMMENTARY
May 13, 2026
Modi’s India is looking like a one-party state
Such a blatant abrogation of individual voting rights is a first in the Indian republic’s 76-year history.
A worker harvests salt at the Little Rann of Kutch region of Gujarat, India, on April 29.
ENVIRONMENT / Climate change
May 13, 2026
No trees, no fans: surviving extreme heat in India’s salt pans
Up to 50,000 workers in the western state of Gujarat spend eight months a year in the remote salt pans without electricity or healthcare, relying on a tanker to deliver water.
A Toyota dealership in New Delhi. Toyota plans to start production at its fourth factory in India in 2029.
BUSINESS / Companies
May 12, 2026
Toyota plans fourth factory in India after sales grew 21.3% in fiscal 2025
The company said Monday that it intends to begin production at the new plant, in the western Indian state of Maharashtra, in the first half of 2029.
Indian Prime Minister Narendra Modi greets supporters at the Bharatiya Janata Party headquarters as it won the Assam state assembly election and was on course to win West Bengal, in New Delhi on May 4.
ASIA PACIFIC / Politics
May 11, 2026
Resurgent Modi paves way to keep power in India well beyond 2030
Indian Prime Minister Narendra Modi is seeing success with a playbook aimed at restoring his party’s majority, positioning himself to become India’s longest-serving leader.
An aerial view of Mumbai, often called India’s financial capital. Corporate India is sitting on cash instead of investing.
COMMENTARY / World
May 11, 2026
Why Indian companies don’t want to invest in India
The government is right to be worried. Afterall, if companies don’t invest, the economy won’t expand.
People share a parasol in Ginza district during high temperatures in Tokyo in 2025. El Nino is forecast to bring drier conditions and hotter weather later this year.
ENVIRONMENT
May 8, 2026
Asia heat waves spell double trouble for economies hit by oil shock
El Nino could bring higher temperatures and dry weather to countries from India to New Zealand, driving up food costs.
A worker unloads harvested sugarcane to a sugar mill in Meerut, Uttar Pradesh, India. Ethanol, made from crops such as sugarcane, rice and maize, is central to India's plan to cut costly oil imports and reduce planet-heating emissions from transport.
BUSINESS
May 6, 2026
Oil price rises bolster India’s ethanol push despite drawbacks
Ethanol, made from crops such as sugarcane, rice and maize, is central to India’s plan to cut costly oil imports and reduce planet-heating emissions from transport.
Loaded trucks on a road in India. The country's state-dominated refining sector has kept fuel prices steady despite surging crude costs.
BUSINESS / Economy / ANALYSIS
May 5, 2026
Asia absorbs rising, uneven cost of energy crisis caused by war on Iran
The disruption has spurred the Asian Development Bank to cut its growth forecast for developing Asia and the Pacific to 4.7% this year, down from 5.1% previously.
The New York/New Jersey FIFA World Cup 2026 logo is revealed during the kickoff event in Times Square in New York in May 2023.
BUSINESS
May 5, 2026
FIFA may lose fifth of World Cup streaming reach as India and China deals stall
The lack of a confirmed broadcast agreement with India or China is unusual at this stage.
Uruguay federation reportedly cancels charter flight after World Cup exit
Uruguay's Jose Maria Gimenez reacts after the team's loss against Spain at the 2026 FIFA World Cup on Friday.
Inside Japan’s rigid adoption system, a British family finds a way
James Benstead, his wife, Jesse, and their three children. Their adopted son is in the rear stroller.
India’s gig workers pay the price for exposure to New Delhi’s hazardous air
Rohit Kushwaha waits for a customer as he delivers his last parcel of the day, in New Delhi in January. His work as a delivery driver has helped pay the family’s bills, but has had a significant impact on his health.
Life inside Japan’s largest prison for women
Western-style rooms spanning the size of four tatami mats with hardwood floors, a toilet and soft mattresses on bed frames are designated for foreign nationals and those with health conditions at Tochigi Prison.
Yen hits 40-year low against the dollar, breaking ¥162 level
Japan's currency broke ¥162 to the dollar on Tuesday in Tokyo.
Japan’s fertility system offers few safe paths for same-sex couples
A Tokyo Pride parade participant holds a sign that says "we want to be a married couple, not a couple."
Life inside Japan’s largest prison for women
Western-style rooms spanning the size of four tatami mats with hardwood floors, a toilet and soft mattresses on bed frames are designated for foreign nationals and those with health conditions at Tochigi Prison.
Inside Japan’s rigid adoption system, a British family finds a way
James Benstead, his wife, Jesse, and their three children. Their adopted son is in the rear stroller.
A French ship with close ties to Japan combines arts and sciences on the high seas
Romain Troublé, the executive director of Tara Ocean Foundation, speaks to visitors aboard the Tara during a rare port call in Tokyo in April.
In Kyushu’s far south, Senti.U sparks a culinary destination
Chef Yasuhiko Uchida was born in Saga Prefecture but has made his home in Kanoya, Kagoshima Prefecture, since 2012.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

The Terasaka Rice Terraces are seen with Mount Buko in the background.
What Yokoze can teach Japan about rural revival
By Alex K.T. Martin

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