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The Latest Breaking News from Asia

Weather tracker: Monsoon season brings vital rainfall to parts of Asia

India declares onset as up to 280mm of rain falls in 72 hours in Kerala, while downpours hit south-west Thailand

The Guardian - UK

Asia tech selloff is a buying opportunity, says Manishi Raychaudhuri; but India has a problem to fix first

Asian markets saw a sharp sell-off in tech stocks this week. Investor Manishi Raychaudhuri views this as a buying chance. India's market faces a bigger challenge with declining corporate earnings growth. Raychaudhuri remains positive on large private sector banks for the next three to five years. India's economic story needs…

The Economic Times

Global markets: Europe's STOXX 600 hits two-week low on Mideast escalation, AI jitters

European shares hit a two-week low as Middle East tensions and a global AI stock selloff weighed on the market. Crude oil prices surged over 4% following weekend exchanges between Israel and Iran, impacting energy-sensitive airlines. Tech stocks also declined, mirroring U.S. and Asian trends, while Monte dei Paschi di…

The Economic Times

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While world makes beeline for Beijing, Xi flies to North Korea - Why China is worried about Kim Jong Un and Russia

Chinese President Xi Jinping has landed in North Korea for his first overseas trip of the year.

The Times of India

The AI trade trap: Why successful tech stocks are triggering a trillion-dollar market meltdown in Korea, Taiwan

A sharp tech selloff exposed concentration risks in Asian markets, where chip giants such as TSMC, Samsung and SK Hynix dominate benchmarks. As their rapid gains pushed portfolio weights beyond risk limits, active fund managers were forced to sell despite strong fundamentals. The unwind triggered market volatility, accelerated fund outflows…

The Economic Times

Tech stocks dive as Fed bets rattle AI rally

Asian markets are experiencing a significant downturn. High-flying semiconductor stocks are bearing the brunt of the selloff. This follows a sharp fall in U.S. markets after strong jobs data increased the likelihood of a rate hike. Investors are moving away from top-performing bets. Market participants suggest this is a healthy…

The Economic Times

Omni HR Launches Mino, the First AI Agent Built on Unified APAC HR Data

SINGAPORE, June 8, 2026 /PRNewswire/ -- Omni HR today launched Mino, the first AI agent built on unified HR and payroll data for multi-country teams in Asia. Available now in early access to Omni customers, beginning with analytics and recruitment and rolling out across every stage of the employee lifecycle…

AAP

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Global Markets Watch: Tumbling tech darlings slam brakes on AI rally

Asian stocks experienced a significant plunge as investors exited AI-linked shares amid concerns of an overheated market. Disappointing outlooks from chipmakers and a strong U.S. jobs report, suggesting potential rate hikes, fueled the selloff. Fresh hostilities in Iran also pushed oil prices higher, adding to market fragility.

The Economic Times

Tech falls hit AI rally as Mideast escalation lifts oil

A rout in tech stocks and renewed fighting in the Middle East have hit global shares, while Iran-Israel hostilities have also pushed up oil and the greenback.

AAP

Gautam Adani becomes Asia's richest person again; overtakes Mukesh Ambani, Softbank's Masayoshi Son

Gautam Adani has regained the title of Asia’s richest person after a rally in Adani Group stocks lifted his net worth to $89.2 billion. The surge helped him overtake Mukesh Ambani and SoftBank’s Masayoshi Son, with key Adani stocks gaining strongly and extending their sharp 2026 rally.

The Economic Times

Renewables key to Asia prosperity

As the war in the Strait of Hormuz continues to create havoc, Asia remains the worst hit by the global energy crisis. Whether it's a large economy like Japan or China, or a struggling economy like Sri Lanka or Pakistan, the same fate holds. Even nations that produce oil, like…

Bangkok Post

For gluten-free food, look to other cultures around the world

Letter: Kathryn Monk says nutritious, naturally gluten-free food is widespread in cuisines of Africa, Asia, the Middle East and South America

The Guardian - UK

Toyota Asia Names Seven Athletes to Global Team Toyota Roster for Aichi-Nagoya 2026

SINGAPORE, June 5, 2026 /PRNewswire/ -- Toyota Motor Asia (TMA) today announced its refreshed line-up of seven Global Team Toyota Athletes (GTTAs) representing six countries across Southeast Asia, on the road to the Aichi-Nagoya 2026 Asian Games and Asian Para Games. The roster includes two new para-athletes, alongside returning athletes…

AAP

European markets open mixed as AI stocks sell-off hits Asia, South Korea drops 5%

European stock markets had a mixed opening, as shares fell in Asia, with South Korea's benchmark dropping more than 5%. This comes as US markets saw sharp declines in several major artificial intelligence-related stocks on Thursday.

Euronews

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The Economic Times

RBI MPC June meet 2026: What's cheaper and what's costlier

The Reserve Bank of India has maintained the repo rate at 5.25%. This decision comes as policymakers assess the effects of higher energy prices and supply chain issues. The ongoing West Asia conflict is a key factor. Home loans and business borrowing costs are expected to remain stable. Savers will…

The Independent UK

Asian shares drop, with South Korea's Kospi down more than 5%

Shares have fallen in Asia, with South Korea's benchmark dropping more than 5%, after sharp declines for some big artificial intelligence-related stocks in the U.S. U.S. futures also retreated, while oil prices were little changed

The Economic Times

RBI MPC Meeting 2026: Sanjay Malhotra & Co hold rates steady at 5.25% as oil shock, weak rupee & West Asia war cloud outlook

RBI Monetary Policy Meeting 2026: The Reserve Bank of India maintained the repo rate at 5.25%, balancing inflation risks from rising crude oil prices and a weakening rupee against the need to support economic growth. The decision comes amid geopolitical tensions and concerns over a below-normal monsoon, with the central…

The Economic Times

Rupee inches up, defies Asian peers; caution prevails before RBI policy

The Indian rupee strengthened on Friday, defying subdued Asian markets ahead of a key policy decision. While a currency trader noted flow-driven adjustments, overall caution prevails as the Reserve Bank of India prepares to announce its policy, with markets watching for potential rate hikes amid inflation and currency pressures.

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The Economic Times

RBI MPC Meeting at a Glance: Your one-stop guide for all key decisions

RBI Monetary Policy Meeting Highlights: Reserve Bank Governor Sanjay Malhotra will announce the Monetary Policy Committee's decision on Friday. The key policy rate is expected to remain unchanged at 5.25%. This pause reflects a cautious approach amid the West Asia conflict. The conflict poses risks to inflation and economic growth.…

The Guardian - AU

‘Unpredictable and extreme’: Asia braces for El Niño

Weather models project a potentially strong El Niño this year, which could spell disaster for heatwave-hit India, drench China and hurt agriculture across south-east Asia

AAP

Stocks drop as US-Iran talks stall and AI rally cools

Asian and European share markets have fallen as hopes dimmed for a US-Iran peace deal and an AI-driven sell-off continued for a second day.

The Economic Times

Global Market Today: Asian stocks slip as AI rally stalls, oil steadies

Asian stocks declined as AI shares pulled back and Middle East tensions weighed on investor sentiment. South Korean shares saw a significant drop, impacting the broader MSCI Asia Pacific Index. Meanwhile, oil prices steadied, and gold held its gains as traders awaited key US jobs data.

Bangkok Post

A dangerous call to arms for Asean

US Defense Secretary Pete Hegseth's demand at the recent Shangri-La Dialogue in Singapore for Asian allies and partners to spend 3.5% of GDP on defence sounded alarm bells across Southeast Asia and beyond. His brow-beating call to arms will likely lead to a regional defence build-up not seen in decades.…

Evening Standard

FTSE 100 up despite Asia-focused financials falls

The FTSE 100 closed up 28.02 points, 0.3%, at 10,360.32.

AAP

Tishman Speyer Secures $300 Million First Close for Korea Living Venture with APG and Bouwinvest

NEW YORK, June 4, 2026 /PRNewswire/ -- Tishman Speyer today announced the first closing of its Korea Living Venture (KLV), securing $300 million in third-party equity commitments from two blue chip European pension funds for a new fund dedicated to acquiring, repositioning, and developing multifamily and accommodation properties throughout Seoul.…

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