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The Latest Breaking News from Asia

Asia is already grappling with a fuel crisis. A 'Super El Nino' threatens to make things worse

Drought and high temperatures will strain power grids right as countries are still scrambling for limited oil and gas supplies.

Fortune

US-China conflict over Taiwan risks a nuclear escalation, study finds

A new report from the International Institute for Strategic Studies warns that Asia is at the center of escalating nuclear rivalries, with a U.S.-China conflict over Taiwan risking nuclear escalation. The assessment highlights a lack of "guard rails" between the two superpowers, increasing the danger of unchecked conflict and a…

The Economic Times

Global clean-energy manufacturing supply far exceeds demand

Global clean-energy manufacturing capacity now exceeds demand. Asia, led by China, dominates production, pushing prices down. This oversupply benefits clean energy as an alternative to rising oil prices.

The Economic Times

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ASEAN Business Advisory Council (ASEAN-BAC) and AVPN Establish Regional Platform to Strengthen Corporate Social Investment and Cross-Sector Collaboration Across Southeast Asia

SINGAPORE, May 28, 2026 /PRNewswire/ -- The ASEAN Business Advisory Council (ASEAN-BAC) and AVPN today announced the establishment of the ASEAN CSR Working Group, a regional platform aimed at mobilising corporate philanthropy, Corporate Social Responsibility (CSR), and broader corporate capital, while supporting regional policy dialogue, ecosystem collaboration, and knowledge exchange…

AAP

Informa Markets Partners with Hong Kong Tourism Board to Launch "The Festival of Connoisseurs" in Hong Kong

HONG KONG, May 28, 2026 /PRNewswire/ -- Informa Markets, a leading B2B events organiser, announced the signing of a Memorandum of Understanding (MOU) with the Hong Kong Tourism Board (HKTB) on May 27, 2026, to support the launch The Festival of Connoisseurs (the "Festival") in Hong Kong. The Festival of…

AAP

Tourism authorities plan shake-up of short-haul markets

Amid intense competition among Asian countries to attract the Chinese market, the Tourism Authority of Thailand (TAT) is rolling out its "NEXT" marketing strategies for fiscal 2027 to reduce dependence on certain short-haul markets.

Bangkok Post

HKRI Taikoo Hui Receives 2026 ULI Asia Pacific Award for Excellence

SHANGHAI, May 27, 2026 /PRNewswire/ -- HKRI Taikoo Hui mixed-use development in Shanghai has received the prestigious 2026 Urban Land Institute (ULI) Asia Pacific Award for Excellence. The award was received at the ULI Asia Pacific Summit in Shanghai on 26 May.Since 1979, the ULI's Awards for Excellence have set…

AAP

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India's toll collection growth likely to moderate 5-7 pc amid West Asia conflict: Crisil

Toll collection growth in India is expected to slow to 5-7 percent this fiscal year. The West Asia conflict is impacting freight movement and industrial activity. This slowdown is seen as temporary. Toll rates may increase more significantly next fiscal year. This will drive toll collection growth to 8-10 percent.…

The Economic Times

Cloud seeding is Kazakhstan's latest weapon against drought and crop failure but does it work?

Experts from the United Arab Emirates are sharing their experience with Central Asian authorities.

Euronews

EFICYENT Marks Global Presence at Money20/20 Asia and Money20/20 Europe

DUBAI, UAE, May 27, 2026 /PRNewswire/ -- Cross-border payments platform continues international fintech engagement across Asia and Europe EFICYENT, a cross-border payments and fintech platform, recently participated in the Money20/20 Asia in Bangkok and is now attending Money20/20 Europe in Amsterdam as part of its ongoing global expansion efforts.The company's…

AAP

World shares are mostly higher, tracking Wall Street's fresh records, and oil prices fall

Asian shares are mostly higher and oil prices have fallen after the U.S. stock market rose to more records

AAP

lullaboy to perform in Bangkok on July 28

Indonesian-American singer-songwriter lullaboy will be returning to Thailand, after announcing his second Asia tour, taking place across July and August this year in nine cities.

Bangkok Post

Veteran sports administrator Randhir Singh passes away

Randhir Singh, a renowned sports administrator and India's first shooting gold medalist at the Asian Games, passed away at 79. He recently resigned as President of the Olympic Council of Asia due to health concerns. Singh had a distinguished career as an Olympian and administrator, contributing significantly to shooting sports…

The Economic Times

Hong Kong overtakes Switzerland as world's top cross-border wealth hub on China ties

ZURICH — Hong Kong has overtaken Switzerland as the top global booking centre for cross-border wealth, a first that is unlikely to be reversed as hubs in Asia grow faster than the European safe-haven, Boston Consulting Group (BCG) said on Wednesday.

Bangkok Post

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The Economic Times

Hong Kong overtakes Switzerland as world's top cross-border wealth hub on China ties, report shows

Hong Kong has surpassed Switzerland as the world's top global booking center for cross-border wealth, reaching $2.95 trillion. This shift is attributed to wealth from China and an IPO boom, with Asian hubs projected to grow faster than European ones. Despite this, Switzerland's diversification and geopolitical stability continue to attract…

The Times of India

Top 10 countries with fastest billionaire growth by 2031: Saudi Arabia, Poland and Sweden top the global wealth race

The next few years are expected to redraw parts of the global wealth map in ways that don’t always match familiar economic narratives. Some of the fastest movement in billionaire populations is forecast outside the usual Western centres, with shifts tied to capital inflows, policy changes, tech expansion, and regional…

The Independent UK

Asian shares are mostly higher, tracking Wall Street's fresh records, and oil prices fall

Asian shares are mostly higher and oil prices have fallen after the U.S. stock market rose to records

Bangkok Post

Solar panels offer escape from debt

Thailand's household debt reached 86.7% of GDP at the end of 2025, among the highest ratios in Asia. The Bank of Thailand's own data shows that debt for consumption is rising; debt based on income-generating assets such as property or housing loans is contracting. The data reflects bread-and-butter issues and…

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The Economic Times

Global Market Today: Asian stocks climb to record on tech, oil drops

Asian stocks hit a record high, fueled by a surge in technology shares and easing geopolitical tensions. South Korea's SK Hynix reached a $1 trillion market cap, mirroring Wall Street's tech rally. Hopes for a US-Iran peace deal contributed to global equity gains, despite mixed US consumer confidence data.

AAP

BOOSTING THE BOATING INDUSTRY IN ASIA AND THE PACIFIC: FPT SHOWCASES ITS MARINE ENGINES AT THE SANCTUARY COVE INTERNATIONAL BOAT SHOW IN AUSTRALIA

TURIN, Italy, May 27, 2026 /PRNewswire/ -- As part of its APAC market development strategy, FPT exhibited a selection of its marine powertrains at the Sanctuary Cove International Boat Show, the most influential nautical event in the Southern Hemisphere.An audience of over 45,000 enthusiasts welcomed the FPT yacht engines on…

Euronews

Mobilising private capital to scale digital infrastructure in Asia

In an opinion piece for Euronews, Hun Kim, Chief Partnerships Officer of the Asian Infrastructure Investment Bank, said multilateral development banks should work together to catalyse private investment and expand digital infrastructure access across Asia.

Euronews

Oil steadies at $100 and markets stay volatile as US-Iran talks stall

Brent crude trades at $100 per barrel while European indices drop, Asian stocks close mostly flat and US equities open higher. Markets remain volatile as US-Iran talks stall and President Trump reiterates nuclear demands.

The Economic Times

US stocks today: US stocks rise near record highs on Iran deal hopes, oil climbs

U.S. stocks rose Tuesday, catching up after a holiday, as optimism over U.S.-Iran talks lifted sentiment. The S&P 500, Nasdaq and Dow hovered near record highs, while oil prices climbed amid geopolitical tensions. Asian and European markets were mixed as investors weighed conflict risks against hopes of a diplomatic breakthrough.

AAP

AI: Digital to Physical - The 6th BEYOND EXPO is set to Open in Macau

MACAU, May 26, 2026 /PRNewswire/ -- Themed "AI: Digital to Physical," the 6th BEYOND EXPO, Asia's largest tech expo is set to welcome nearly 800 exhibitors, 400 speakers and over 400 media back to The Venetian® Macao's Cotai Expo when it officially opens from May 27-30. As a recognized cornerstone…

International Business Times

Asian And European Oil Markets Are Almost Depleted As Strait Of Hormuz Remains Closed, Strategist Says

Oil markets in Asia and Europe are almost depleted as the Strait of Hormuz remains closed, according to a veteran strategist.

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