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The Latest Breaking News from Asia

Asian Stocks Rebound From Rout As Fed Faces Calls To Cut Rates Early

Asian equities rallied Tuesday after the previous day's global rout fuelled by US recession fears that have led to calls for the Federal Reserve to cut interest rates before its next meeting.

International Business Times

What a Kamala Harris presidency could mean for the world — and where she differs from Joe Biden

Harris entered the administration with little foreign policy experience, but has a strong commitment to US allies in Asia.

Crikey

Japan's defense minister begins visits to Cambodia and Vietnam, both under Beijing's shadow

Japan’s defense minister has held talks with senior officials in Cambodia, a top ally of China, as he begins a Southeast Asian trip that will also take him to Vietnam, whose relations with Beijing are complicated by maritime disputes

The Independent UK

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Stock Market Today: Stocks in meltdown as Fed triggers global rout

Stocks are facing a tech-lead version of Black Monday following the biggest selloff in Asia markets since 1987.

The Street

Asian markets are in meltdown as Japan erases all the gains from this year's record-breaking stock rally

Investing in Japan now will be like “catching a falling knife,” UBS regional chief investment officer Kelvin Tay said in a TV interview.

Fortune

Indonesian Growth Slows In Second Quarter

Growth in Southeast Asia's largest economy was 5.05 percent in the second quarter, slightly lower than the previous quarter's 5.11 percent, Statistics Indonesia said.

International Business Times

Warner Bros. Discovery Signs First-Look Film Deal In Asia

Warner Bros. Discovery partners with Jack Nguyen's Joat Films for Asia-centric adaptations of English-language movies, starting with a Korean remake of The...

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Asian Stocks Tank After US Data Fans Recession Fears

Tokyo led a plunge across Asian equities Monday, while the yen hit a six-month high after weak US jobs data fanned fears of a recession in the world's top economy and boosted bets on several Federal Reserve interest rate cuts.

International Business Times

Call for Woodside to respect decision on 'climate bomb'

A decision to defuse a "climate bomb" could be imminent as a regulator reportedly puts pristine marine life ahead of Australia's biggest proposed gas field.

AAP

A Place Called Silence review – suspenseful Malaysian high school horror reboot

Sam Quah’s entertaining but caricature-filled Chinese remake of his 2022 film about bullying and worse has been a box-office hit across Asia

The Guardian - UK

Ange Postecoglou reveals key reason for Tottenham slipping to Bayern Munich loss: 'We paid the price'

Spurs boss believes Seoul clash was a step too far for his side after a tough training camp in hot and humid conditions in Asia

Evening Standard

Deadly Monsoon Season Devastates Asia With Torrential Rains

Recent severe weather in Asia causes over 200 deaths, floods, and landslides, with climate change worsening storms. Efforts to mitigate damage are underway.

Top News

Asian shares tumble, led by 4.5% drop in Tokyo following a tech-driven retreat on Wall St

Shares have fallen in Asia, with Japan's Nikkei 225 index slumping nearly 4.7% before regaining some ground

The Independent UK

Rain-related disasters have killed more than 200 in a deadly week across Asia

In India and China, torrential rains have killed more than 200 people in the past week

The Independent UK

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International Business Times

Tokyo Tanks As Asian Markets Track Wall St Down On Recession Fears

Tokyo led losses across Asia on Friday due to a stronger yen and expectations for more Japanese rate hikes, while disappointing data sparked a plunge on Wall Street and fuelled fresh fears of a US recession.

Bored Panda

Awkward USA And China Moment On Olympics Podium Causes Cultural Divide

"Chinese social media said, 'the Chinese girls were very kind as they know foreigners can’t squat.'" The post Awkward USA And China Moment On Olympics Podium Causes Cultural Divide first appeared on Bored Panda.

Top News

Blinken's Asia Tour Addresses U.S. Global Role Amid Uncertainty

U.S. Secretary of State's Asia tour underscores commitment to global engagement amid domestic political distractions.

The Independent UK

Greece is tackling a blistering heatwave – a goat plague is the last thing it needs

PPR was first described in Ivory Coast in 1942 and has since spread across Africa, Europe and Asia

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International Business Times

HSBC Records $21.6 Billion Pre-tax Profit In First Half 2024

Banking giant HSBC said Wednesday that pre-tax profits in the first half of 2024 came in at $21.6 billion, slightly lower than last year's record performance.

Fortune

Navigating cultural differences and digital-savvy customers will be key to scaling AI adoption in Asia, tech executives say

For example, Asian companies tend to hire lots of narrowly focused knowledge workers, unlike the U.S., noted Thinking Machines founder Stephanie Sy.

Fortune

AI can help bridge Southeast Asia’s 1,000 languages—but the work ‘has to be done by Southeast Asians’

The full extent of Southeast Asia's cultural diversity risks being ignored by AI models built on English and Mandarin Chinese.

Latin Times

Blinken Says US To Provide $500 Mn Military Funding To Philippines

Blinken was in Manila with US Defense Secretary Lloyd Austin as part of an Asia-Pacific tour to strengthen Washington's latticework of alliances aimed at countering Beijing.

Top News

Global Stocks Rise Ahead Of Central Bank Meetings

Global stock markets show positive trends as investors await central bank meetings. Mixed results in European indices, Asian markets surge. Investors cauti...

Top News

Kim Jong Un Leads Flood Rescue Efforts In North Korea

Kim Jong Un leads flood rescue in North Korea as China faces heavy rainfall and flooding challenges. Recent extreme weather events in Asia exacerbated by c...

Fortune

Asia’s rich flip the script on charitable giving: Instead of mega-foundations, they’re using their family companies

"Companies want to fund where they’re operating,” Ruth Shapiro, head of the Centre for Asian Philanthropy and Society, says.

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