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The AP Herald

THE AP HERALD

From the Asia-Pacific to the world.
Section building out. Markets · Corporations · Trade · Development Finance · Infrastructure · Supply Chains. Thirteen business stories published so far.
Automotive · Southeast Asia

BYD Decided to Build Where It Sells. Southeast Asia Said Yes.

A Thai plant that hit its ten-thousandth car in four months, and an Indonesian one now expected to employ 18,000. BYD's answer to Western tariffs was to export the factory, not the car.

July 3, 2026 · Corporations: BYD · Regions: Southeast Asia

Trade · Central Asia

Landlocked Kazakhstan Found Its Ocean on China's East Coast

The first physical project of the Belt and Road was a container yard in a Chinese port. It has become one of the busiest overland gateways between Asia and Europe.

July 1, 2026 · Regions: East Asia, Central Asia

Trade · Logistics

Ninety-Two New Ways Out: Read the Map of China's Air-Freight Push

China opened 92 new international air cargo routes in six months. Their geography is a near-perfect map of where Chinese exports are actually going.

July 5, 2026 · Regions: East Asia

Automotive · Trade · Supply Chains

Stranded at the Border: How a Himalayan Flood Exposed Nepal's Chinese EV Boom

BYD and China's other automakers have turned Nepal into the world's No. 2 EV adoption market. A washed-out mountain bridge shows how fragile that success still is, and what it means for Chinese EV expansion elsewhere.

July 1, 2026 · Corporations: BYD · Regions: South Asia, East Asia

Manufacturing · Supply Chains

Where Is the World's Football Really Made?

Forward Sports has made the official ball for four straight World Cups from a single city in Pakistan. Robots have taken over less of the job than the "hand-stitched" reputation suggests.

July 1, 2026 · Corporations: Forward Sports, Adidas · Region: South Asia

Manufacturing · Tariffs

The Asian Factory Behind Every Goal

Vietnam makes 51 percent of Nike's footwear worldwide, Indonesia 28 percent. A tariff regime aimed at China is landing on the countries that moved production out of it.

July 1, 2026 · Corporations: Nike, Adidas · Regions: Southeast Asia

Infrastructure

The $100 Billion Road Across Asia

The Asian Highway Network is more than 92 percent up to minimum standard, with $43.8 billion still needed for priority sections and Myanmar and Afghanistan the hardest gaps to close.

July 1, 2026 · Organizations: ADB, ESCAP

Development Finance

A Decade After Its Launch, Has China's AIIB Changed Development Finance?

Ten years in, AIIB has become the World Bank's largest co-financing partner rather than the rival Washington feared.

July 1, 2026 · Organizations: AIIB, World Bank

Development Finance

The New Great Game of Development Finance

ADB, AIIB, the World Bank, JICA and Chinese state banks increasingly co-finance the same projects they compete over.

July 1, 2026 · Organizations: ADB, AIIB, World Bank, JICA, JBIC

Media · Tourism

From BTS to Semiconductors: How South Korea Turned Pop Culture into Economic Strategy

K-content exports reached $14.9 billion in 2025. Seoul has built beauty, food and gaming into the same export strategy as music and film.

July 1, 2026 · Region: East Asia

Technology · Semiconductors

Beyond Silicon Valley: Asia's Quiet AI Revolution

TSMC and SK Hynix supply the chips and memory behind nearly every major AI accelerator, regardless of which country's model runs on top.

July 1, 2026 · Corporations: TSMC, SK Hynix

Shipping · Logistics

The Shipping Routes That Built Modern Asia

Singapore's port set a container record in 2025 while Red Sea diversions added two weeks to Asia-Europe transit times.

July 1, 2026 · Region: Southeast Asia

Markets · Currency

162 and Falling: Japan's Weakest Yen in Forty Years Meets a Prime Minister Who Doesn't Want Higher Rates

Tokyo has spent a record $73.6 billion defending the yen this year. The currency fell through the defense anyway, with the prime minister's own policy document leaning against further rate hikes.

July 2, 2026 · Organizations: Bank of Japan · Region: East Asia

Semiconductors · Industrial Policy

The $576 Billion Bet on a Rice-Farming Province: Inside Korea's Gwangju Chip Gambit

Samsung and SK Hynix are committing $518 billion to four new fabs in a region with the country's weakest chip-supplier base, according to government data.

July 2, 2026 · Corporations: Samsung, SK Hynix · Region: East Asia

Semiconductors · Foreign Investment

Twenty-Eight Nanometers, Eleven Billion Dollars: India's Bet on Chips Nobody Else Wants to Make

Tata and ASML's $11 billion Dholera fab targets chip nodes a decade behind the frontier—a deliberate bet on automotive and 5G demand, not a consolation prize.

July 2, 2026 · Corporations: Tata Electronics, ASML · Region: South Asia

Finance · Commodities

Hong Kong Wants to Be Asia's Fort Knox: Can 250 Tonnes of Gold Get It There?

A government-owned clearing company is racing toward 2,000 tonnes of vault capacity, courting Belt and Road-aligned central banks. Two earlier attempts at this already failed.

July 2, 2026 · Organizations: Shanghai Gold Exchange · Region: East Asia

AI Infrastructure · Utilities

Twenty Olympic Pools a Day: Malaysia's AI Boom Runs Into Johor's Water Table

Data centers now draw nearly 200 times more water than ordinary industrial users. Johor has told the largest ones to wait.

July 2, 2026 · Corporations: Microsoft, Google, ByteDance · Region: Southeast Asia