William Pesek

There are two problems with this stronger-than-expected year-on-year gain in the first quarter. One, this economic equivalent of a magic trick masks hints of weakness. Two, it might give Beijing the mistaken impression that its job is done to defeat deflationary pressures.

As Chinese leader Xi Jinping works to increase the yuan's role in global trade and finance, he's encountering an unexpected speed bump: mainland companies.

End of quantitative easing would be vital step toward restoring normalcy William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."

TOKYO – Who needs Las Vegas or Macau when betting on how low the yen can go is the best game anywhere?

An ‘80s throwback is unnerving Asia: a return to the foreign-exchange narratives of that era.

After years of false dawns, India's wealth management industry in 2024 has all the vital ingredients for success: a China-beating 6.5% growth rate minting legions of new millionaires, a booming stock market, companies going global in a hurry, and a pro-business government about to win a fresh mandate from voters. All this growth is fueling one of modern history's greatest wealth-creation…

Wall Street is talking up India’s emergence as a key engine of global economic growth, amid high hopes for Modi’s third term. On Xi’s watch, China’s self-inflicted wounds from “zero Covid” chaos to the tech crackdown have only added to India’s appeal

A worker spreads wheat grains for drying at a wholesale grain market in Jalandhar, India, on April 22. India's agricultural sector, a vital employer, has underperformed, according to Nomura. Photo: AFP

What a difference 11,000 kilometers make. Elon Musk may be thinking just that as Tesla shares surge on the power of the billionaire flying to Beijing from

TOKYO — The Japanese yen’s 12% plunge this year has traders wondering if the Group of Seven might have a currency crisis within their ranks. The good