Asia economy

Asia’s factories stumble as US trade deals fail to revive demand

China, Japan, South Korea and Taiwan are all reporting declines in activity

Clockwise from top left: Chen Ze Ling, DBS’ group head of corporate and SME banking; Singapore Business Federation chief executive Kok Ping Soon; Ryan’s Grocery founder Wendy Foo; and Far East Flora deputy group managing director Ryan Chioh.

DBS market-outlook forum to examine AI, sustainability and global economic shifts shaping 2026

It will outline the challenges and opportunities firms may face in navigating the year ahead

Trade data for September showed China’s exports rising faster-than-expected.

Big manufacturing economies struggle as US tariffs hit order books

China’s factory activity is contracting for a seventh straight month as the pre-tariff export rush ends

(From left) China's President Xi Jinping and South Korea's President Lee Jae Myung at the Asia-Pacific Economic Cooperation (Apec) summit in Gyeongju, South Korea, Oct 31, 2025.

South Korea’s Lee says global trade order at critical inflection point

[GYEONGJU, South Korea] South Korean President Lee Jae Myung said on Friday the Asia-Pacific region was at a critical inflection point with a rapidly changing global economic order, as he chaired a le...

Trump initially threatened to cancel the meeting, their first face-to-face since the pandemic, over the new Chinese measures on critical minerals.

Apec’s economic mission splintered by geopolitics

The gathering in S Korea may be less about multilateral cooperation than the critical side-room bilaterals driven by the US and China

The region’s economy is then projected to slow further to 4.1% in 2026.

IMF warns Asia’s growth will cool this year, next on trade risks

The region is expected to end 2025 with gross domestic product growth of 4.5%, slightly below the 4.6% recorded in 2024

Asean+3 navigated the last tightening cycle without spiralling into crisis, but another severe shock could still expose fault lines and strain buffers, says the writer.
PERSPECTIVE

Asean+3 weathered the last global tightening storm. What about the next?

Solid fundamentals, pragmatic policies and strong coordination can preserve financial stability, but we must not be complacent

Most people in Asia “who look for work find it”, says the World Bank. However, “many individuals in the region are in low-productivity or informal jobs”.

Asia’s youth struggle to find good jobs, World Bank warns

The bank highlights a persistent gap between younger and more experienced workers across several Asian economies

Hugh Burke, CEO of Coface Asia-Pacific, says: “Asia has always been driving the global economic landscape… We are seeing a shift of opportunities from more mature markets in Asia to South-east Asia – like Indonesia, Thailand, Malaysia, Vietnam.”
TOPLINE

French trade credit insurer Coface eyes growth in South-east Asia amid rising trade risks

As the global economy fragments and supply chains shift, Coface is leaning into its market intelligence and analytics

“There is incremental flow in this part of the world. I think it’s important to put it in the context of a diversification movement, not an exit movement.” said Kevin Sneader, president of Asia Pacific ex-Japan at Goldman Sachs.

Asia draws US$100 billion in capital as investors diversify beyond US: Goldman executive

Technology, consumer discretionary and industrial sectors are attracting strong interest in Asia, with healthcare gaining traction in private markets