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The Latest Breaking News from Asia

Europe faces 'unprecedented risk' of gas shortage - IEA report

Europe faces “unprecedented risks” to its natural gas supplies this winter after Russia cut off most pipeline shipments and could wind up competing with Asia for already scarce and expensive liquid gas that comes by ship, the International Energy Agency said.

Radio France Internationale

Asian shares mostly lower as recession fears deepen

Asian shares have fallen after Wall Street closed out a miserable September with a loss of 9.3%, the worst monthly decline since March 2020

The Independent UK

Asian markets swing as traders eye US jobs, earnings

Hong Kong (AFP) - Stocks drifted in Asia on Monday as investors await key US jobs data, while girding themselves for a corporate earnings season many fear will highlight the impact of surging inflation and interest rates.

AFP

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Indonesia presses for answers after deadly soccer stampede

Dozens of Indonesian police were placed under investigation on Monday over a stampede at a soccer match that killed 125 people, as authorities sought to determine what caused one of the world's deadliest stadium disasters and who was to blame.

Reuters

India makes strong pitch to major U.S. firms for investing in oil and gas production

India, also being the 2nd largest refiner in Asia with 23 refineries, will increase its refining capacity.

The Hindu

Nord Stream leaks: where will Europe get its gas from now?

Accusations continue to fly about the cause of major leaks from the two Nord Stream pipelines transporting gas through the Baltic Sea from Russia to Europe.

The Conversation

Sainz leads Ferrari one-two as Verstappen struggles in Singapore

Singapore (AFP) - Carlos Sainz and Charles Leclerc powered their Ferraris to a one-two in second practice Friday for the Singapore Grand Prix, while runaway championship leader Max Verstappen and Red Bull struggled on Formula One's return to Asia.

AFP

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Hong Kong government to further ease coronavirus measures

The Hong Kong government said on Friday it aims to ease some coronavirus curbs in an orderly way as pandemic trends in the Asia financial hub were continuing to stabilise.

Reuters

Markets mixed after sell-off, sterling edges up after recovery

Hong Kong (AFP) - Markets in Asia and Europe were mixed Friday after another tough day on US trading floors, with inflation continuing to soar and central bankers getting increasingly hawkish in their attempts to bring prices under control.

AFP

Asian stocks sink on German inflation, British tax cuts

Asian stocks have sunk again after German inflation spiked higher, British Prime Minister Liz Truss defended a tax-cut plan that rattled investors and Chinese manufacturing weakened

The Independent UK

Asian markets drop again but sterling holds up after recovery

Hong Kong (AFP) - Asian markets sank Friday after another devastating day on US and European trading floors, with inflation continuing to soar and central bankers getting increasingly hawkish in their attempts to bring prices under control.

AFP

South Korea’s factory output falls in warning for global economy

Asia’s fourth-largest economy sees industrial output shrink a worse-than-expected 1.8 percent in August.

Al Jazeera

AP Week in Pictures: Asia

Sept. 23-29, 2022

The Independent UK

Kamala Harris under a microscope: Deft Asia diplomacy despite DMZ gaffe

WASHINGTON — Kamala Harris’s whirlwind tour of Japan and South Korea this week amounts to a microcosm for the state of her vice presidency: an ambitious, historic and increasingly confident effort still beset by the occasional high-profile gaffe.

Tribune News Service

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Daily Mirror

Couple ditch their jobs to travel the world together after meeting on Tinder

Jenna Carr and Joao Paias had travelled across Portugal and the UK, as well as France and Switzerland before jetting over to Asia and visiting the Philippines, Malaysia, Indonesia and Bali together before the birth of their son

Asharq Al-Awsat

VP Harris Caps Asia Trip with Stop at DMZ Dividing Koreas

US Vice President Kamala Harris capped her four-day trip to Asia with a stop Thursday at the Demilitarized Zone dividing the Korean Peninsula as she emphasized the “ironclad” US commitment to the security of its Asian allies in the face of an increasingly hostile North Korea. The visit comes on…

AFP

Equities pick up after BoE steps in, but pound resumes losses

Hong Kong (AFP) - Most Asian stocks bounced Thursday as UK and US government yields fell after the Bank of England jumped into bond markets to prevent a financial catastrophe.

The Independent UK

Pound slips again in Asia trading after rallying due to Bank of England intervention

Economists say BoE addressed symptom and not cause with intervention

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Bangkok Post

Baht leads declines among weak Asian currencies

Most emerging Asian currencies weakened against a stronger US dollar on Thursday, with the Thai baht shedding more than 1% following a quarter-point rate hike that investors viewed as moderate to bring down inflation running at a 14-year high.

Al Jazeera

Is a global recession coming? More experts are raising the alarm

Figures including the head of World Trade Organization and Paul Krugman are expressing concern about economic outlook.

The Independent UK

Asian stocks follow Wall St higher after UK calms markets

Asian stock markets have followed Wall Street higher after Britain’s central bank moved forcefully to stop a budding financial crisis

AFP

Asian stocks pick up after BoE steps in, but pound rally wanes

Hong Kong (AFP) - Asian stocks rallied Thursday as UK and US government yields fell after the Bank of England jumped into bond markets to prevent a fresh financial catastrophe.

France 24

North Korea fires missiles after US VP Harris leaves South Korea

In a show of defiance, North Korea fired two short-range ballistic missiles into the sea on Thursday, hours after U.S. Vice President Kamala Harris flew home from a visit to South Korea during which she emphasized the “ironclad” U.S. commitment to the security of its Asian allies.

The Independent UK

VP Harris to visit DMZ after North Korean missile tests

U.S. Vice President Kamala Harris plans to visit the Demilitarized Zone dividing the Korean Peninsula during the final stop on her four-day trip to Asia

Bangkok Post

Xi to attend Apec summit

Chinese President Xi Jinping has verbally confirmed his participation at the Asia-Pacific Economic Cooperation (Apec) summit in Bangkok on Nov 18-19, but no final decision from United States President Joe Biden has been received, according to the Ministry of Foreign Affairs.

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