China Forms New Agency to Boost Low-Altitude Economy and Greenlight EHang Flying Taxi China creates agency to oversee the "low-altitude economy," aiming to scale drone and flying-taxi operations; EHang wins …
economy
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Business
Japan economy expands 0.5% in Q1, annualized 2.1% beats forecasts
by Sato Asahiby Sato AsahiJapan GDP Rises 0.5% in Q1 2026, Annualized Pace Hits 2.1%, Cabinet Office Says Japan GDP rose 0.5% quarter-on-quarter in January–March 2026 (annualized 2.1%), exceeding market expectations, Cabinet Office data …
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Business
Thailand economy accelerates in Q1 2026 as exports and investment offset Iran war
by Sato Asahiby Sato AsahiThailand GDP growth accelerates in Q1 2026 as exports and investment counter early Iran conflict impact Thailand GDP growth quickened in Q1 2026 as strong exports and rising investment offset …
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Business
Malaysia’s economy slows in Q1 2026 as Middle East conflict weighs
by Sato Asahiby Sato AsahiMalaysia economy slows in Q1 2026 as Middle East conflict and rising costs sap momentum Malaysia economy edges lower in Q1 2026, growing 5.3% year-on-year as external shocks and higher …
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Business
Vietnam indispensable to Japan’s economy, ABeam warns of AI and rising costs
by Sato Asahiby Sato AsahiABeam: AI, Costs and Visas Threaten Vietnam’s Role in Japan’s Economy ABeam Consulting warns rising costs, visa hurdles and AI could undermine Vietnam’s role in Japan’s economy, despite Vietnamese workers’ …
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Business
South Korea opposition leader Jang Dong-hyeok says economy will shape June elections
by Sato Asahiby Sato AsahiJang Dong-hyeok Says Economic Concerns Will Drive South Korea’s June 2026 Local Elections Jang Dong-hyeok says economic concerns, not Yoon fallout, will shape South Korea’s June 2026 local elections as …
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Business
Philippine economy posts 2.8% Q1 growth as economist warns of Q2 slowdown
by Sato Asahiby Sato AsahiPhilippine economy slowdown deepens as Q1 growth hits five-year low at 2.8% Philippine economy slowdown: Q1 annualized growth fell to 2.8% on May 7, 2026, as the Iran war and …
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Business
Uzbekistan Bans Cash for Key Purchases, Seeks to Digitize $41 Billion Shadow Economy
by Sato Asahiby Sato AsahiUzbekistan cash ban aims to pull $41bn shadow economy into digital payments, but hurdles remain Uzbekistan cash ban announced in April 2026 targets key purchases to expand digital payments and …
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Politics
World economy teeters as US and Russia wars spark global energy shocks
by Sui Yuitoby Sui YuitoWorld economy under strain as energy shocks, inflation and political turnover test Japan’s fiscal resilience Conflicts and energy shocks have pushed the world economy toward renewed instability, forcing central banks …