Today
PwC braces for China crisis and a hefty fine
PwC’s role in approving accounts for troubled property developer Evergrande has led to infighting at the big four firm as clients reconsider their relationship.
- Stephen Foley, Sun Yu and Cheng Leng
Yesterday
- Opinion
- Global economy
Why China is reluctant to help consumers spend more
China’s rulers see cautionary tales in consumer-driven American capitalism. They aspire to build a manufacturing superpower rather than a rich consumer society.
- Yanmei Xie
Passengers describe horror of Singapore Airlines jet plunge
Eight Australians are among the injured after severe turbulence flung passengers and crew around the cabin and forced the plane to land in Bangkok.
- Updated
- Ayesha de Kretser
What is in-flight turbulence, and when does it become dangerous?
While turbulence-related fatalities are quite rare, injuries have piled up over the years. Some meteorologists have linked an increase in reported incidences to climate change.
- Wyatte Grantham-Philips
This Month
- Opinion
- Foreign relations
China and Russia have one bed but different dreams
Russian weakness has enabled China to emerge as Eurasia’s dominant power. But it also limits the partnership of the two.
- Geoff Raby
China hints at retaliation in worsening trade clash with Europe
If the two sides start imposing tariffs on each other, it would increase risks for companies around the world already dealing with the US-China trade dispute.
- Zheping Huang
Taiwan’s new president warns China’s threats ‘will not disappear’
Lai Ching-te will build on his predecessor’s efforts to strengthen ties with the US, which is bound by its own laws to provide the island with the means to defend itself.
- Updated
- Jessica Sier
Australian investors snag Hong Kong bargains as share prices surge
Fund managers see opportunities, with Chinese authorities promising measures to stop a long-term outflow of money from one of Asia’s biggest sharemarkets.
- Jessica Sier
Musk in Bali to launch Starlink satellite internet service
The billionaire head of Tesla and SpaceX and owner of social platform X to launch the service alongside outgoing Indonesian President Joko Widodo.
- Updated
- Firdia Lisnawati and Niniek Karmini
- Opinion
- East Asia Forum
The US-China trade war has helped polarise ASEAN
Regardless of their alignment or dependence on one side or the other, South-East Asian states need to stay focused on their common regional interests.
- Joseph C. Liow
China unveils dramatic steps to rescue property market
China announced a slate of measures aimed at reinvigorating its ailing property industry and stabilising growth in the world’s second-largest economy.
- Updated
- Amanda Wang
- Analysis
- Critical minerals
China-US clean energy trade war could get dirty
History suggests Beijing will reply in kind and lift tariffs on a range of American exports, which will raise the stakes once again in their long-running tit-for-tat tussle.
- Jessica Sier
- Opinion
- China
China’s housing mess has finally reached Xi Jinping
The president is stepping in to help the country’s beleaguered developers. But only the state-owned players who are critical to his power base.
- Shuli Ren
Xi tells Putin their nations’ ties should last ‘generations’
The Chinese president said his country was “ready to work with Russia as a good neighbour, friend and partner with mutual trust”.
- jing Li
China’s military incursions inch closer to Taiwan
An increasing number of Chinese military planes and vessels have staged drills that have alarmed Taiwan, as it prepares to inaugurate its new president.
- Yimou Lee
Putin to meet ‘dear friend’ Xi in China, defying US
The Russian president is set to arrive in Beijing, underlining the key relationship as China faces growing US pressure to curtail support for the war in Ukraine.
- Greg Torode and Guy Faulconbridge
Stellantis, Vale in nickel talks in Indonesian coup
The smelter deal would bring a rare Western investor to Indonesia, the world’s biggest producer of a commodity critical to making electric cars.
- Updated
- A. Anantha Lakshmi and Harry Dempsey
Religious tensions rise as India election passes halfway mark
The world’s most populous nation began voting on April 19 in a seven-phase election in which nearly one billion people are eligible to vote.
- Rishika Sadam and Fayaz Bukhari
- Asia
- Bonds
China kicks off bond sale to fund stimulus
Government spending in infrastructure will be key to ensuring China achieve its growth target of about 5 per cent this year.
- Helen Sun
- Opinion
- East Asia Forum
‘Nothing to see here’ as Singapore gets new PM
Lawrence Wong is considered a safe pair of hands. But Singapore is facing many challenges that need radical new ideas rather than technocratic continuity.
- Michael Barr