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The Latest Breaking News from Asia

Global goods trade forecast to shrink in 2023

The global goods trade will shrink next year in a downturn reminiscent of previous recessions, Oxford Economics said, in a worrying forecast for Asia’s export-dependent economies and beyond.

Bangkok Post

Diverse World Cup knockout stage a leap forward for Africa and Asia

Every inhabited continent is represented at the last 16 in Qatar, aided by a crop of tactically smart, quick-thinking coaches

The Guardian - UK

Easing of Chinese Covid curbs lifts equity sentiment

RECAP: Asian shares were mixed yesterday as investors were heartened by the possible easing of Covid curbs in China, while they awaited job figures in the United States that could determine whether the Federal Reserve will start to moderate its interest-rate increases as widely expected.

Bangkok Post

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Hwang Hee-Chan strikes dramatic winner to send South Korea through after beating Portugal

South Korea 2-1 Portugal: Despite an early lead through Ricardo Horta, the Asian nation turned things around to reach the World Cup knockouts at Uruguay’s expense in the most incredible fashion

The Independent UK

Crypto exchange Zipmex set for $100m buyout

The embattled cryptocurrency exchange Zipmex Asia is poised to be acquired by a venture capital fund for about US$100 million in digital coins and cash, one of the first rescues in Asia since a wave of defaults ripped through the sector.

Bangkok Post

Japan reports lowest births on record amid Asia's baby bust

Japan's demographic problems are now faced by other Asian economies like mainland China, South Korea and Hong Kong.

Fortune

Asian shares sink on revived worries over recession, China

Shares have retreated in Asia after a mixed day on Wall Street

The Independent UK

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Japan coach: I hope we have made Asian football proud

DOHA: Japan coach Hajime Moriyasu said that his side's 2-1 win over Spain was a moment that would make Asian football proud.

Bangkok Post

Indian coal magnate Gautam Adani goes green

Asia’s richest man, coal magnate Gautam Adani, made his vast fortune betting on coal as an energy hungry India grew swiftly after its economy was liberalized in the 1990s

The Independent UK

AP Week in Pictures: Asia

Nov. 25-Dec. 1, 2022

The Independent UK

SET rides Asian market upswell

The Stock Exchange of Thailand (SET) joined an Asian rally yesterday, a day after Thailand lifted its key interest rate, as investors took heart from the Federal Reserve chairman's remarks on US rate hikes and signs China is easing its Covid-19 measures.

Bangkok Post

Morning Mail: Labor’s workplace reforms pass through parliament; tragedies of the youth vaping crisis

In today’s newsletter: the parliamentary year ends with a late Senate vote on IR and euthanasia rights for the territories; plus, the shocking scale of Australia’s vaping crisis

The Guardian - AU

What does this year’s double Booker win mean for south Asian literature?

With Sri Lanka’s Shehan Karunatilaka and India’s Geetanjali Shree taking home two of publishing’s biggest prizes, what next for one of the world’s most overlooked literary regions?

The Guardian - UK

PIF Secures Record-Breaking $17bn Senior Unsecured Term Loan

Badeel has announced a partnership to establish the largest solar photovoltaic plant in the region, while Saudi Arabia’s Public Investment Fund (PIF) announced that it has secured a $17 billion seven-year senior unsecured term loan (63.7 billion Saudi riyals). The loan is the largest-of-its-kind general corporate-purpose loan worldwide. While the…

Asharq Al-Awsat

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The Independent UK

Ang Lee cast his son Mason Lee as Bruce Lee in new biopic

Mason has been training for the project for the last three years in Asia

The Guardian - UK

Indonesian collective at heart of antisemitism row top art world power list

ruangrupa group, who curated exhibition including mural with Jewish caricatures, are first Asian artists to top list

The Independent UK

Asian shares gain after Fed chair signals slower rate hikes

Shares have advanced in Asia after a rally on Wall Street spurred by the chair of the Federal Reserve's comments on easing the pace of interest rate hikes to tame inflation

Financial Times

India’s plan to take on China as south Asia’s favourite lender

With the private sector’s help, New Delhi has stepped up spending on infrastructure in neighbouring countries

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The Guardian - AU

Graham Arnold hails Socceroos after team ‘unites the country’ with World Cup run

The Australia coach was left ‘so proud and happy’ after his side’s 1-0 win over Denmark that saw Australia reach the last 16 for the first time since 2006

The Times of India

Investors want more of India, says Goldman Sach’s Sengupta

NEW DELHI: Foreign investors are showing increased interest in India, as Asia’s third-largest economy ramps up its manufacturing capacity and improves infrastructure, said Santanu Sengupta, chief India economist at Goldman Sachs Group Inc.

Edinburgh Live

The Cove only opened three years ago yet have become regular contestants in some of the country's top Asian food awards. They recently won Bangladeshi Restaurant of the Year at a ceremony in Glasgow

Bangkok Post

TRT predicts revenue rising as recovery gathers pace

SET-listed Tirathai (TRT), a local transformer maker and service provider, expects to rack up more revenue this year after transmission development projects across Asia, which were delayed the last two years, resume in the fourth quarter.

The Conversation

Canada's Indo-Pacific strategy: The same old starry-eyed thinking about Asian trade

Canada’s new Indo-Pacific strategy, announced with much fanfare by Foreign Affairs Minister Mélanie Joly, marks a welcome return of common sense in place of the illusions that have dominated Canada’s approach to Asia for the past quarter-century.

The Conversation

White landowners in Hawaii imported Russian workers in the early 1900s, to dilute the labor power of Asians in the islands

On Feb. 19, 1906, the mail steamer China pulled into the harbor in Honolulu, Hawaii. It had made the voyage from San Pedro, California, many times before, but this trip made front-page news. Local newspapers heralded the arrival of “one hundred and ten white men, women and children, the vanguard…

Bangkok Post

Can Asia-Pacific get to net zero?

The recent climate talks in Egypt have left us with a sobering reality: The window for maintaining global warming to 1.5 degrees is closing fast and what is on the table currently is insufficient to avert some of the worst potential effects of climate change. The Nationally Determined Contribution targets…

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