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The Latest Breaking News from Asia

HSBC To Offload Argentina Business, Absorbs $1 Billion Loss on Exit Deal

HSBC announced its agreement to sell its business in Argentina for $550 million, with a $1 billion pre-tax loss in the first quarter of 2024.

International Business Times

Russia and China to deepen security cooperation in Asia, Europe

Russian foreign minister visits Beijing and also receives assurances of strengthened economic cooperation from China.

Al Jazeera

Most Asian Markets Gain As 'Critical' US Inflation Data Looms

With consumer prices picking up in January and February, the jobs market still strong and the economy in rude health, traders have regularly tweaked their forecasts for monetary policy easing this year, and some are even contemplating no cuts before 2025.

Latin Times

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Asia Stocks Surge As Metals Soar On Manufacturing Optimism

Asian stocks surged on Monday driven by manufacturing optimism, boosting metal prices. Investors show confidence in economic growth.

Top News

Asian Markets Mixed As 'Critical' US Inflation Data Looms

Asian stocks were mixed Tuesday as attention turned to crucial US inflation data that could play a pivotal role in the Federal Reserve's decision-making on interest rates, with investors lowering their expectations for how many cuts it will deliver.

International Business Times

Newcastle Airport could have daily flights to NZ and Asia

There are calls for $15m to secure the new routes.

Newcastle Herald

Manmohan Singh Chadha obituary

Other lives: Pioneering entrepreneur who set up a series of companies selling south-east Asian foods in the UK

The Guardian - UK

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Ditching European trade for China and India was ever a poor bet. Now it’s a farce

Brexiters’ Asia hopes have foundered amid economic woes and hardline nationalism; it’s time to look at markets in our own backyard

The Guardian - UK

Bangladesh, a young nation embracing globalisation

Fifty-three years ago, Bangladesh finally obtained independence from Pakistan, at the cost of a war that left nearly 3 million people dead. Since then, the nation has developed into one of Asia's most dynamic economies, thanks in particular to the textile industry. The garment industry brings in more than $55…

France 24

The voracious Asian hornet – the invertebrate symbol of our dark times

This species has rapidly spread through western Europe, with a huge impact on other flying insect populations

The Guardian - UK

Foreign Inflows Surge In Asian Stocks On Rate Cut Prospects

Foreign inflows into Asian stocks surged in March driven by rate cut expectations and positive Chinese economic data.

Top News

EXCLUSIVE: Diamond Standard Set To Revolutionize Remittance With CARATS, Eyes Asia Expansion

Diamond Standard Co.'s CARATS, the natural diamond commodities that can be sent conveniently via SMS messaging, just could be what Asia needs to see a revolution in its remittance sector.

International Business Times

Fed Comments Impact Global Markets, India Hints At Rate Changes

Global markets in Asia react to the Fed's comments, while India's central bank provides guidance on interest rates, impacting investor sentiment and market...

Top News

Asia Stocks Stumble As Oil Prices Climb

Asian stocks stumble due to risk-off sentiment, impacting oil prices and creating unease among investors. Analysts see potential buying opportunities amids...

Top News

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International Business Times

Asian Equities Tumble, Oil Extends Gains On Middle East Worries

The threat of regional war compounded fears that the Federal Reserve would not cut interest rates as much as previously expected, with focus now on the release of key US jobs data later in the day.

Motorsport

2024 F1 Japanese Grand Prix session timings and preview

The iconic Suzuka fixture has been moved to the early part of the season this year as part of an Asia-Oceania flyaway leg that also includes races in Bahrain, Saudi Arabia, Australia and China.

International Business Times

Philippines To Hold Joint Naval Drills With US, Japan, Australia

The Philippines will hold joint naval drills with the United States, Japan and Australia, two diplomatic sources told AFP Thursday, as the four countries deepen military ties to counter China's expanding influence in the Asia-Pacific region.

The Guardian - UK

Schools close and crops wither as ‘historic’ heatwave hits south-east Asia

Governments across region grappling for response as temperatures soar to unseasonable highs

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Latin Times

Asian Markets Mixed After US Data, Eyes On Jobs Report

An equities rally that started at the back end of 2023 has stuttered in recent weeks after a string of reports suggested the economy was too strong and prices too sticky for officials to begin easing monetary policy this year.

Al Jazeera

Majority in Southeast Asia would choose China over US, survey suggests

Survey by Singapore-based think tank points to Beijing’s growing influence in the region.

International Business Times

Asian Markets Lifted By US Data And Fresh Rate Cut Hopes

Asian markets rose Thursday after US data provided a fresh indicator that inflation was easing and Federal Reserve boss Jerome Powell soothed worries about the bank's plans to cut interest rates this year.

Top News

NATO Chief Warns Of Security Impact Of Russia's Alliances

NATO chief warns of security implications of Russia's alliances in Asia, stressing global consequences and the need for vigilance.

Top News

Taiwan Earthquake Impact On Chip Supply Chain

Taiwan earthquake impacts chip production, causing supply chain disruptions in Asia.

The Guardian - UK

Vietnam missing the glory days of Park Hang-seo as Indonesia step up

Team Garuda’s World Cup dream is alive as regional rivals struggle to build on transformational manager’s work

Top News

Asian Shares Decline As Wall Street Ends Record-Breaking Run

Asian shares decline after Wall Street's drop. Concerns over interest rates and economic growth impact global markets.

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