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The Latest Breaking News from Asia

"Its like a mini World Cup": Winger Nikhil Poojary excited to represent India in AFC Asian Cup debut

Nikhil Poojary is excited to play his maiden Asian Football Confederation (AFC) Asian Cup, saying that the tournament is like a “mini World Cup” for him.

The Hindu

Snookered by China? Masters tournament owner plots Asia expansion

World Snooker and PDC World Darts owner Matchroom weighs up India and south-east Asia amid feared overreliance on China

The Guardian - UK

Global Maritime Trade Sails Into Geopolitical Storm

International maritime trade has hit stormy waters as attacks by Yemen's Huthi rebels on ships in the Red Sea has reduced the availability of ships, causing freight rates to surge.

International Business Times

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GAIL signs deal with Vitol for LNG

GAIL and Vitol Asia sign 10-year LNG deal for 1 million metric tonne/annum in India.

The Hindu

Gautam Adani’s rollercoaster ride: From Hindenburg’s hit to historic comeback

In late January 2023, Hindenburg Research, a US-based short-selling firm, caused a stir in the financial world with its report targeting Gautam Adani, who was then Asia's wealthiest individual. The report accused Adani Group, the apples to airport conglomerate, of "brazen stock manipulation and accounting fraud scheme over the course…

The Times of India

Gautam Adani overtakes Mukesh Ambani, reclaims Asia’s richest person spot

After a roller-coaster ride on the wealth rankings last year, Gautam Adani is back to being Asia’s wealthiest person days after India’s top court said no new probes were needed into Hindenburg Research’s bombshell allegations against the tycoon’s conglomerate.

The Times of India

AP Week in Pictures: Asia

Dec. 29, 2023-Jan. 4, 2024

The Independent UK

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Asia’s business heirs look beyond profits, hoping to escape parents’ shadow

Second- and third-generation family businesses say sustainable investments are a priority like never before.

Al Jazeera

UN tips slow and steady inflation progress in Australia

The United Nations says the world economy is in for another tough year, with Australia and other developed economies in Asia facing strong headwinds.

AAP

Revealed! EVERY Premier League player set to leave for AFCON and the Asian Cup

Several Premier League stars are set to represent their countries in Africa and Asia

FourFourTwo

California restaurant's comeback shows how outdated, false Asian stereotype of dog-eating persists

A Thai restaurant in Fresno, California, is back in operation after being wrongfully accused of abusing a dog to turn it into meat

The Independent UK

Asian Markets Extend New Year Retreat After Fed Minutes

Asian markets continued their disappointing start to the year Thursday, tracking another loss on Wall Street after minutes from the Federal Reserve's December meeting dampened hopes for an early interest rate cut.

International Business Times

What is the Red Sea crisis, and what does it mean for global trade?

Attacks by Houthi rebels along the trade route have led to firms pausing shipments, raising the possibility of a shock to the world economy

The Guardian - UK

Human activity is powering ‘a new industrial revolution’ at sea, say experts

Researchers using AI and satellite imagery find 75% of industrial fishing is not being publicly tracked, while wind turbines now outnumber oil platforms

The Guardian - UK

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The Hindu

India registered 9.3 lakh cancer deaths, second highest in Asia: LANCET study

India registered about 12 lakh new cancer cases and 9.3 lakh deaths in 2019, becoming the second highest contributor to the disease burden in Asia for that year, according to a new study published in The Lancet Regional Health Southeast Asia journal.

International Business Times

Asia Tracks Global Losses As Stock Traders Step Back After Rally

Asian markets fell Wednesday in line with a sell-off across most of the world as traders took their cash off the table after a blockbuster end to 2023, with eyes now on the release this week of Federal Reserve minutes and US jobs data.

AAP

Asian toad pest found in Victoria a 'serious threat'

Melburnians have been urged to look out for the deadly Asian black-spined toad after a resident found one while taking an afternoon walk on Boxing Day.

Top News

Asian Stocks Soar as Rate Cut Speculation Surges

Get ready for an exhilarating ride as Asian shares soar to 5-month highs, fueled by mounting expectations of rate cuts. Brace yourself for market frenzy!

International Business Times

Asian Stocks Open Higher On Fed Rate Hopes

Asian stocks opened largely higher on Thursday, with Hong Kong leading the gains as investors worked on expectations the US Federal Reserve will cut rates next year.

Al Jazeera

In bid to counter China, US ramps up effort to boost military ties in Asia

US makes a ‘once in a generation effort’ to boost military, diplomatic ties in Asia as it seeks to compete with China.

The Hindu

India, Russia ink pacts on construction of future power units of Kudankulam nuclear plant

Mr. Jaishankar also said that the two sides agreed that their negotiating teams would meet by the end of January to start in-person negotiations on the free trade agreement between India and the Eurasian Economic Zone.

Barchart

Markets Today: Stocks Modestly Higher in Thin Holiday Trade

Morning Markets March E-Mini S&P 500 futures (ES H24) are up +0.09%, and March Nasdaq 100 E-Mini futures (NQH2 4) are up +0.15%. Stock index futures this morning are modestly higher in thin holiday trade, with markets in Europe and parts of Asia closed for Boxing Day. Stocks are supported...

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