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The Latest Breaking News from Asia

PM praises Thailand's 10th ranking in Power Index

Prime Minister Prayut Chan-o-cha was pleased with the 10th ranking of Thailand in the Asia Power Index 2023, said government spokesman Anucha Burapachaisri on Saturday.

Bangkok Post

Regional shares retreat, foreign selling continues

RECAP: Asia-Pacific stocks retreated on Friday, slumping towards a second weekly loss as investors fretted about the potential for further US Federal Reserve tightening.

Bangkok Post

BGRIM signs Malaysian energy deal

B.Grimm Power Plc (BGRIM) plans to supply electricity from renewable sources to TNB Power Generation Malaysia in an effort to support energy security in Asia and assist the Asean Power Grid project.

Bangkok Post

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Asia and Oceania poised to be sustainability leaders

Countries in Asia and Oceania have the potential to lead the global business community in advancing sustainable and inclusive development, says the founder of the UN Global Compact (UNGC).

Bangkok Post

AP Week in Pictures: Asia

Feb. 3-9, 2023

The Independent UK

How private equity whiz Weijian Shan went from penniless in the Gobi desert to orchestrating a takeover of one of China’s biggest banks

Shan runs PAG, the largest private equity firm in Asia that currently manages $50 billion in assets. The Chinese-born dealmaker clinched one of the most unlikely and successful deals of the early 21st century.

Fortune

Bergdorf’s, Central Park: Flaco the escaped owl takes a tour of Manhattan

New Yorkers delighted by sightings of Eurasian eagle owl, but staff at the zoo it fled worry about its prospects of survival in the wild

The Guardian - US

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Could Russia really quit Uefa for Asian federation to reach 2026 World Cup?

Russia is weighing up following Australia’s example and joining AFC qualification route but significant obstacles remain

The Guardian - UK

Asian shares mixed after Wall St falls on rate hike worries

Shares are mixed in Asia after Wall Street gave back some of its recent gains on persisting uncertainty over interest rates and inflation

The Independent UK

US general to aggressors: Allies are battle-ready in Asia

A United States general has said that American forces and their allies in Asia are ready for battle after years of joint combat exercises

The Independent UK

America Needs to Reassure Japan and South Korea

How to shore up Washington’s eroding credibility in Asia.

Foreign Affairs

BBLAM now bullish on Asean, China

BBL Asset Management (BBLAM) is overweighting its investment in Chinese and Asean stocks this year as the prospects for economic recovery are higher in Asia than in the West.

Bangkok Post

Millions of People Are at Risk of This Rare Climate Change Threat — Study

Flooding from glacial lakes is already threatening millions of people in Asia and Latin America due to climate change, a new study reports.

Inverse

Asian shares mixed after Wall St gains on Fed chair comments

Shares are mixed in Asia after stocks rallied on Wall Street following comments by the chair of the Federal Reserve signaling that last week’s stunningly strong jobs report won’t by itself sway its stance on interest rates hikes

The Independent UK

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Asharq Al-Awsat

IEA: Asia Set to Use Half of World's Electricity by 2025

Asia will for the first time use half of the world’s electricity by 2025, even as Africa continues to consume far less than its share of the global population, according to a new forecast released Wednesday by the International Energy Agency. Much of Asia's electricity use will be in China,…

The Independent UK

IEA: Asia set to use half of world's electricity by 2025

The International Energy Agency says Asia will for the first time use half of the world’s electricity by 2025

Bangkok Post

Foreign funds flock to Asia amid economic recovery

Foreign funds continued to flow into Asian stock markets in January, backed by the economic recovery and China's reopening, according to a Stock Exchange of Thailand (SET) briefing on Tuesday.

Bangkok Post

B.I back in BKK

After holding his first fan meeting in Bangkok last year, South Korean rapper, singer and songwriter B.I will return for a full-scale concert, "B.I 2023 Asia Tour [L.O.L The Hidden Stage] In Bangkok", at Thunder Dome, Muang Thong Thani, on March 4 at 5pm.

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The Times of India

India-Pakistan contest on cards in Asian Junior Team Squash Championships

CHENNAI: The Indian men's and women's teams have been seeded second and third respectively in the HCL 21st Asian Junior Team squash Championships (under-19) which begins on Wednesday.

Reuters

Glacial lake floods threaten communities in Asia, South America

Melting mountain glaciers pose a growing flood risk to some 15 million people around the world, researchers said in a report published on Tuesday, with communities in Asia facing the biggest danger.

France 24

Towards a greener future: Bhutan, an example to the world on cutting emissions

As European countries struggle to reach their targets on reducing carbon emissions, one small landlocked country in central Asia stands as an example to the world. With nearly three quarters of its territory covered by woodland, Bhutan, with a population of around 780,000, claims to be a carbon-negative economy. As…

Bangkok Post

Johanne Siy is the winner of Asia’s Best Female Chef Award 2023

Filipino chef Johanne Siy of Lolla in Singapore has taken home the accolade of being Asia’s Best Female Chef Award for 2023. Voted for by the 300-plus members of the Asia’s 50 Best Restaurants Academy, the award celebrates women in gastronomy who continue to push the boundaries of excellence with…

Asharq Al-Awsat

Saudi Arabia Increases Price for Arab Light Crude to Asia

Saudi Arabia, the world's top oil exporter, raised prices for its flagship crude for Asian buyers for the first time in six months amid an expectation of oil demand recovery, especially from China, according to Reuters. Informed sources reported Monday that the official selling price (OSP) of Arab Light crude,…

The Independent UK

Asian stocks mixed after Wall St sinks on rate fears

Asian stock markets are mixed after Wall Street sank under pressure from worries about higher interest rates and Japan reported stronger wage gains than expected

Bangkok Post

Eastspring warns of volatility ahead

The investment outlook remains volatile in 2023 due to monetary policy tightening and geopolitical risks, but China and the rest of Asia will likely benefit from the reopening of borders, says Eastspring Asset Management (Thailand).

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