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The Latest Breaking News from Asia

Talay's ALM days at Wellington Phoenix coming to an end

Wellington Phoenix coach Ufuk Talay is poised to leave the A-League Men club, saying he's set to pursue a new challenge.

AAP

AP Week in Pictures: Asia

April 7-13, 2023

The Independent UK

N. Korea says it tested new solid-fuel long-range missile

North Korea says it has tested a newly developed intercontinental ballistic missile intended to target the mainland U.S. North Korea’s state media said Friday its recent weapons test involved a new long-range missile powered by solid propellants, which it described as “the most powerful” piece of its growing nuclear arsenal…

The Independent UK

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Yellow dust observed in central Tokyo

Yellow dust was observed in central Tokyo on Thursday morning for the first time in two years, as a haze from continental Asia continued to drift over a wide area from Kyushu to Hokkaido.

The Japan News/Yomiuri

Hong Kong Billionaire Lo in Talks with Potential F1 Teams

Hong Kong-based billionaire Calvin Lo, who already has financial links to Formula One team Williams, says he would like to see a greater Asian presence in F1 and is in talks with potential new teams. The chief executive of insurance broker RE Lee International told Reuters he was considering backing…

Asharq Al-Awsat

No Escape: release date, cast, plot, trailer, first looks, interviews and all about the thriller series set on a luxury yacht

No Escape on Paramount Plus sees Abigail Lawrie and Rhianne Barreto play two best friends from Britain who seek refuge on a yacht in south east Asia.

WhatToWatch

Asia stocks follow Wall St down after US recession warning

Asian stock markets have followed Wall Street lower after the Federal Reserve said its economists expect a “mild recession” this year

The Independent UK

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Elon Musk Could Learn a Thing or Two From Bernard Arnault

Luxury conglomerate LVMH reported Q1 2023 results on April 12. You would hardly know from its results that there was a possible recession around the corner. Iconic companies tend to be like that.

Barchart

Asian rebound helps push LVMH first quarter revenue beyond €20 billion

The world’s richest man Bernard Arnault is set to benefit from the jump in sales

Evening Standard

Philippines, U.S. begin joint troop exercises amid regional tensions

More than 17,000 Philippine and U.S. soldiers began their largest ever joint military drills on Tuesday, as ties between the long-term allies warm over shared concerns about China's assertiveness in the Asia-Pacific region.

Reuters

Asian shares mostly higher after mixed day on Wall Street

Stocks are mostly higher in Asia after a mixed session on Wall Street

The Independent UK

Saudi Arabia to Supply Full Crude Contract Volumes to Asia

Several informed sources said that the giant Saudi Aramco plans to supply full crude contract volumes loading in May to several North Asian buyers despite its pledge to cut output by 500,000 barrels per day, Reuters reported. This comes after the Organization of the Petroleum Exporting Countries (OPEC) and the…

Asharq Al-Awsat

World famous festival comes to Pattaya

The Rolling Loud rap and hip-hop festival will bring a star-studded line-up for its first-ever event in Asia, Rolling Loud Thailand, which will take place at Legend Siam in Pattaya, Chon Buri, from Thursday to Saturday, starting at 4pm.

Bangkok Post

Predicted 0.08% boost from UK-Asia trade deal could be overestimate

Trade department used different approach to estimating economic boost which ‘generates larger estimated GDP impacts’

The Independent UK

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The Independent UK

Asian shares higher after report shows resilience in US jobs

Shares are mostly higher in Asia after a report showed resilience in the U.S. jobs market

Bangkok Post

OECD predicts SE Asian growth to decline

Economic growth in Southeast Asia is forecast to drop from 5.6% in 2022 to 4.6% this year, pressured by weaker demand as the global economy slows, says the Organisation for Economic Co-operation and Development (OECD).

The Independent UK

Son Heung-min hopes he can inspire more Asian players to pursue dreams

Son’s landmark goal was one of many celebrations in the Tottenham camp after the birth of Ryan Mason’s son.

Manchester Evening News

"I feel like I've found myself again" - The former Manchester United youngster smiling again after going through hell

"I fell out of love with the game for about two years and was in a dark place. I didn't know where I wanted to be, or if I wanted to play football again... I felt like there was no one I could turn to."

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Bangkok Post

Why Abe's new Asian order is now emerging

By building up the notion of the Indo-Pacific as a critical region, Shinzo Abe, the late Japanese prime minister, created a strategic framework that presaged the geopolitical and economic integration now taking place across Asia and parts of Africa. As South Asian and Middle Eastern countries merge into West Asia,…

Tom’s Guide

OnePlus Nord N30 tipped for US launch with very impressive specs

After announcing the OnePlus Nord CE 3 Lite for Europe and Asia this week, OnePlus could be looking to bring this budget phone to the U.S. as the OnePlus Nord N30. If so, it means a low-cost phone with a 108MP camera and 67W charging.

Bangkok Post

SCBAM prescribes global, investment-grade bonds

SCB Asset Management (SCBAM) recommends investors allocate funds to global and high-investment-grade bonds that enable them to buy Asian and US tech stocks amid ongoing global headwinds and a potential recession.

The Independent UK

AP Week in Pictures: Asia

March 31-April 6, 2023

Bangkok Post

Region told to rev up decarbonisation

Southeast Asia needs to accelerate decarbonisation of its global value chains (GVCs) as the region could face up to a 30% loss of GDP annually by 2100 due to climate change, according to the Asian Development Bank (ADB).

Caixin Global

Malaysia Highlights Potential of Islamic Finance Market as It Woos Hong Kong

Malaysia would like to ‘leverage’ the city’s position as a global financial center to ‘channel global capital’ into the Southeast Asian country, trade minister says

Reuters

Exclusive-China plans $500 million subsea internet cable to rival U.S.-backed project

Chinese state-owned telecom firms are developing a $500 million undersea fiber-optic internet cable network that would link Asia, the Middle East and Europe to rival a similar U.S.-backed project, four people involved in the deal told Reuters. The plan is a sign that an intensifying tech war between Beijing and…

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