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The Latest Breaking News from Asia

AP Week in Pictures: Asia

Feb. 18-24, 2021

The Independent UK

Asian markets track Wall St rally as traders weigh Russia sanctions

Hong Kong (AFP) - Equities bounced back Friday from the previous day's rout with investors taking their lead from a rally on Wall Street after Washington decided against imposing the stiffest sanctions on Russia over its invasion of Ukraine.

AFP

Invasion in Europe a window of opportunity for America in Asia

Putin’s decision to invade Ukraine offers strategic options for the United States, and it involves arming and supporting Ukrainians.

Crikey

From analysis to the latest developments in health,
read the most diverse news in one place.

U.S. says Iranian 'MuddyWater' cyber actors targeting various sectors worldwide

Iran-linked cyber operations are targeting a range of government and private-sector organizations in multiple sectors across Asia, Africa, Europe and North America, U.S. security and law enforcement agencies said in an notice on Thursday.

Reuters

Asian stocks plunge after Putin announces action in Ukraine

Asian stock markets have plunged and oil prices surged to nearly $100 per barrel after President Vladimir Putin announced Russian military action in Ukraine

The Independent UK

World’s choicest hotel brand lands in BKK with The Standard, Bangkok Mahanakhon

Bangkok’s network of luxury hotels is about to get a shake-up with the arrival of The Standard, Bangkok Mahanakhon, Asian flagship of the ultra glamourous Standard Hotels brand.

Bangkok Post

India, Japan could be next Asian hosts of the Olympics

As it did with China, the IOC can envision India as a new frontier that will yield deep-pocketed sponsors, television rights deals and generous government support.

Chicago Sun-Times

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Olympics Say Goodbye to Asia after a Star-Crossed Run

The Olympics have said goodbye to Asia after a star-crossed run, and it's unclear when they'll be back after the continent hosted four of the last eight Games. The earliest the Summer Games could return is 2036, and the favorite could be the world's most populous country — not China,…

Asharq Al-Awsat

Olympics say goodbye to Asia after 4-year star-crossed run

The Olympics have said goodbye to Asia after a star-crossed run, and it’s unclear when they’ll be back after the continent hosted four of the last eight Games

The Independent UK

Asian markets regain ground as investors hold breath on Ukraine

Investors see Russian troop movements near Ukraine and initial Western sanctions as leaving room to avoid war.

Al Jazeera

A Practical Vision for South Korea

How Seoul Can Lead in Asia and Spur Growth at Home

Foreign Affairs

Biden enlists Asian partners for Russian tech sanctions, plans to halt chip exports

The Biden administration has received support from Singapore, Japan and Taiwan to enforce export controls over Russia for invading Ukraine.

Crikey

Hong Kong Set to Overtake Singapore in SPAC Market, With Help From Mainland Sponsors

Key Takeaways: Hong Kong has received six SPAC listing applications in the last month, even as regional rival Singapore’s similar program starts to turn quiet Most of Hong Kong’s SPAC applicants are backed by mainland Chinese companies, highlighting a major advantage the city enjoys over Singapore By Jony Ho

Benzinga

HSBC announces $1 bn share buyback as annual profits double

London (AFP) - HSBC on Tuesday announced bumper 2021 profits and plans to repurchase shares worth up to $1.0 billion as the Asia-focused bank continues its recovery from the coronavirus pandemic and major restructuring.

AFP

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France 24

Global markets plunge, oil prices jump as Russia recognises breakaway Ukraine regions

Russia's move to recognise the breakaway Ukrainian regions of Donetsk and Luhansk has sent ripples through global markets on Tuesday, with falls across Asia, and in early trading in Europe. Oil prices also jumped, with the international benchmark Brent Crude hitting its highest level since mid-2014. Investors are now focusing…

Al Jazeera

Ukraine crisis: Asia braces for economic fallout

Analysts see both winners and losers from crisis, with China likely to benefit from diversion of Russian exports.

Benzinga

Putin's Aggressive Moves Against Ukraine Lead To Bloodbath In Global Markets — Asia, Crypto, US Futures Suffer — Gold, Oil See Major Spikes

The move by Russian President Vladimir Putin to recognize two breakaway regions of Ukraine and subsequent movement of armed personnel and weapons in those areas threw the world’s markets into a state of a tizzy.

The Independent UK

Asian shares drop as Putin orders troops to east Ukraine

Shares in Asia have fallen sharply after Russian President Vladimir Putin ordered forces into separatist regions of eastern Ukraine, a step suggesting a long-feared invasion was possibly underway

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AFP

HSBC announces $1 bn share buyback as 2021 profits double

Hong Kong (AFP) - HSBC on Tuesday announced bumper 2021 profits and plans to repurchase shares worth up to $1.0 billion as the Asia-focused bank continues its recovery from the coronavirus pandemic and major restructuring.

Bangkok Post

Recovery lures foreign fund inflows

Thailand's bullish economic recovery is attracting high volumes of foreign fund inflows into Thai bonds and stocks, pushing the baht to a seven-month high, making it the strongest currency in Asia year-to-date.

USA Today Sports Media Group

Kyi Hla Han, former Asian Tour executive who elevated the status of golf in the region, is dead at 61

“Growing up, Kyi Hla was ‘the man’ in Asia, the guy we looked up to, the name every golfer knew.”

AFP

Asian golf great Kyi Hla Han dies aged 61

Singapore (AFP) - Kyi Hla Han, one of the biggest figures in Asian golf both as a player and an official, has died, it was announced on Monday.

Tribune News Service

Singapore, Hong Kong left behind as global travel rebounds

A global travel divide is deepening as some countries ditch COVID-19 restrictions including quarantines, isolation and even mandatory testing for good, while others cling to years-old curbs.

Tribune News Service

Soaring gasoline bad timing for Asian governments facing voters

Soaring gasoline prices are fanning inflation and causing a headache for governments and central banks worldwide. In countries with elections coming up, they’re an extra headwind for the incumbents.

Crikey

America can’t choose between Russia and China. It must prepare for conflict with both

The Russia-Ukraine crisis has brought global attention on Europe. But the US must also keep a keen eye on the threat of China in the Indo-Pacific.

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