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The Latest Breaking News from Asia

Cosy business alliances holding Asia back

For future economic growth, Asian economies need effective policy interventions to foster, not limit, competition and innovation.

360info

Connections that threaten Asian growth

Many Asian economies may not realise their full potential unless they roll back the mutually beneficial links between business and politics.

360info

Asian innovation rests with scaling up

An economist’s century-old idea might be the key driver in the next iteration of Asia’s economic innovation.

360info

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Invest in quality infrastructure

Covid-19 has brought severe hardships to countless people and communities across the globe, but for the economies of the Association of Southeast Asian Nations, a resilient recovery is underway.

Bangkok Post

National League Rivals to Open 2024 MLB Season in Asia, per Report

This would mark the league’s first time playing a game in South Korea.

Sports Illustrated

Ange Postecoglou in Celtic transfer wink as experience proves key in beating rivals to Asian stars

The likes of Hearts and Motherwell have also shopped in Japan but Parkhead remains the desired destination for J League hopefuls.

Daily Record

Depression, fear and deterioration: Why some Asian families avoid speaking about death

Withholding information about a life-threatening diagnosis from affected family members is a common practice in Asian families but can have ethical and legal implications in Western healthcare.

ABC News

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1st lunar eclipse of 2023 dims full moon ever so slightly

The year's first lunar eclipse is underway, and the best viewing is in Asia and Australia

The Independent UK

‘A culture, a people, an ethos’: one of the US’s oldest Asian American bookstores closes

As Eastwind Books of Berkeley shutters in California, local residents mourn the loss of a community

The Guardian - US

Stock market today: Asia mixed after Wall St sinks

Asian stock markets are mixed after Wall Street sank on worries about the health of U.S. banks that are under pressure from interest rate hikes

The Independent UK

AP Week in Pictures: Asia

April 28-May 4, 2023

The Independent UK

Taking care of talent

Despite economic headwinds, nearly six in 10 executives globally expect their businesses to post stable or high growth. Yet, when planning for the year, leaders in Asia are most concerned about the increasing cost of capital and debt, the tight labour market and competition for talent.

Bangkok Post

Airbnb upbeat as tourism rebounds

Airbnb closed 2022 with an impressive turnaround as the pandemic-hit business reported its first annual profit on revenue growth of 40% to US$8.4 billion, with net income of $1.9 billion.

Bangkok Post

Will Pakistan foreign minister’s rare India visit ease tensions?

The South Asian rivals have always had a difficult relationship, but it is now at rock bottom.

Al Jazeera

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Reuters

China urges 'high vigilance' over NATO expansion in Asia

China said on Thursday "high vigilance" was needed in the face of NATO's "eastward expansion" following a media report the alliance is planning to set up an office in Japan to facilitate consultations with allies in the region.

Bangkok Post

Asian stocks shrug off latest Fed hike

Asian stocks and US futures edged higher on Thursday as investors brushed aside US Federal Reserve comments that interest rates won’t fall this year and instead looked ahead to eventual policy easing.

The Independent UK

Stock market today: Asian markets higher after US rate hike

Asian stock markets are mostly higher after the Federal Reserve raised its benchmark lending rate again to cool inflation and said it isn’t sure what may come next

The Guardian - UK

‘It’s not like chicken farming’: why manta rays are chopped up in Sri Lanka

The gill plates of the extremely intelligent fish – many species of which are already categorised as endangered – are sold across east Asia as remedies said to have ‘no basis in medical science’

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The Independent UK

Senate to vote on solar tariffs, prairie bird protections

The Senate is expected to approve a measure Wednesday that would reinstate tariffs on solar panel imports from several Southeast Asian countries after President Joe Biden paused them in a bid to boost solar installations in the U.S. Lawmakers also will vote late Wednesday on a separate plan to undo…

Bangkok Post

Key Asian bourses dip amid US concerns

Major Asian stock exchanges sank on Wednesday on renewed investor concerns that a softening US economy and troubles with that country's regional lenders could slow Asia's growth.

Daily Mirror

Prospective new 'youth culture-focused' F1 team bids to join grid in 2025

The FIA are looking to welcome two teams to the Formula 1 grid from 2025, to bring the number of constructors up to 12, with one Asia-based group adding their name to consideration

The Guardian - UK

Bob Linney obituary

Other lives: Graphic designer who made posters for the music industry and supported grass-roots design projects in Africa and Asia

The Conversation

May 5, 2023, lunar eclipse will be a subtle show of astronomical wonder

On May 5, 2023, people around the world will witness a a lunar eclipse when the Earth gets between the Sun and the Moon and casts part of its shadow on the Moon.

Asharq Al-Awsat

Estee Lauder Expects Gloomier 2023 on Slow Asia Travel Retail

Estee Lauder Cos Inc forecast a bigger drop in full-year sales and profit on Wednesday on a slower-than-expected recovery in Asia travel retail and major market China, sending its shares down about 10% in premarket trade. Even though China has relaxed pandemic-related restrictions, Estee flagged that January 2023 was pressured…

Reuters

NATO to open Japan office to enable Indo-Pacific consultation - report

NATO is planning to open a liaison office in Japan, its first in Asia, to facilitate consultations in the region, the Nikkei Asia reported on Wednesday, citing Japanese and NATO officials.

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