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The Latest Breaking News from Asia

Stocks Up On US Rate Hopes, Yen Holds Gains Amid Intervention Talk

Asian markets mostly rose Friday after a largely negative day on Wall Street despite growing confidence of a US interest rate cut, while the yen saw big swings as speculation swirled that Japan had stepped into forex markets to support the currency.

International Business Times

Melting Ice No Guarantee Of Smooth Sailing In Fabled Arctic Crossing: Study

Melting sea ice in the fast-warming Arctic Ocean is not making it easier for sailors to navigate a legendary shortcut between Europe and Asia despite popular belief, scientists said Thursday.

International Business Times

NATO leaders meet with Asia-Pacific partners as tensions mount with China

U.S. President Joe Biden and his NATO counterparts are set to hold talks with Asia-Pacific leaders amid concerns about tensions with China

The Independent UK

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China Accuses NATO Of Seeking Security At Others' Expense

China criticizes NATO's accusations, defends trade with Russia, and expresses unease over NATO's actions in Asia.

Top News

From heritage to sustainability: all the highlights from Design Shanghai 2024

Design Shanghai 2024: Asia's largest international design event returned for its eleventh year this past June, showcasing local well-known brands, emerging talents, and a unique focus for the international design community

Wallpaper

China tells NATO not to create chaos in Asia and rejects label of 'enabler' of Russia's Ukraine war

China has accused NATO of seeking security at the expense of others and told the alliance not to bring the same “chaos” to Asia

The Independent UK

Stock market today: Asian shares zoom higher, with Nikkei over 42,000 after Wall St sets new records

Asian shares have carried on with the blistering rally on Wall Street, as Japan's Nikkei 225 index surged over 42,000 for the first time

The Independent UK

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Zelensky To Take Center Stage As NATO Summit Also Looks To Asia

NATO leaders on Thursday will hold talks with Ukraine's President Volodymyr Zelensky and turn their attention to the challenge from China at a meeting with Asian partners, as they wrap up a three-day summit in Washington.

International Business Times

Asian Markets Track Wall St Records After Powell Hints At Rate Cut

Asian stocks on Thursday tagged along with a Wall Street rally that saw another round of record highs as bets on a September interest rate hike surged following comments by Federal Reserve boss Jerome Powell.

International Business Times

African urbanisation: what can (and can’t) be learned from China about growing cities

The economic growth paths of Asian and African countries have often been compared. China, with gross domestic product per capita of US$251 in 1987, was poorer than most African countries at the time. Uganda’s GDP per capita was US$392, Zambia’s US$319 and Ghana’s US$354. Yet today China has GDP per…

The Conversation

Stock market today: Asian shares are mixed as Japan's Nikkei 225 hits a new high, with eyes on Fed

Shares are mixed in Asia, while Tokyo's Nikkei 225 index has closed at another record high as investors awaited further comments by Federal Reserve Chair Jerome Powell before Congress

The Independent UK

Asian Markets Mixed After Wall Street Records

Asian markets diverged Wednesday after fresh records on Wall Street and remarks by the Fed chief that hinted the US central bank would cut interest rates later this year, without offering a clear timeframe.

International Business Times

Biden says Texas officials delayed request for Beryl federal aid

Gov. Greg Abbott has spent the duration of the hurricane on a pre-scheduled trip to meet with foreign diplomats in Asia, leaving Lt. Gov. Dan Patrick as acting governor.

The Texas Tribune

To counter China, NATO and its Asian partners are moving closer under US leadership

New Zealand, Japan, South Korea and Australia are sending leaders or their deputies to the NATO summit in Washington this week as the military alliance shows growing interest beyond Europe and the Western Hemisphere

The Independent UK

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Top News

Global Gold-Backed Etfs Experience Second Month Of Inflows

Global gold-backed ETFs experienced June inflows, but faced challenges in the first half of 2021. North America had outflows, while Europe and Asia showed ...

The Conversation

Xi and Putin talk up growth of their Eurasian bloc organisation as counterweight to Nato

At Nato’s 75th anniversary summit there has been, as you’d expect, a lot of attention on Russia’s war against Ukraine. It’s undoubtedly the most significant immediate challenge to Nato with wider implications for the rest of the globe.

The Independent UK

Texas governor jets off to Asia as state is hammered by deadly Hurricane Beryl

While Texans bare the brunt of Beryl, Greg Abott is overseas on a trip seeking to strengthen economic ties in Asian countries

France 24

Pakistan's Ratodero scandal: HIV-positive children treated like outcasts

In 2019, the Ratodero scandal broke out in Pakistan. The town in the country's southern Sindh province was suddenly in the spotlight after a doctor revealed that thousands of children had been infected with HIV. An investigation showed that dangerous and illegal hygiene practices of doctors such as reusing disposable…

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Fortune

Trump's policies paint a 'negative picture,' yet his willingness to 'cut deals' may help with China, says the CEO of Southeast Asia's largest bank

DBS CEO Piyush Gupta called the former president a "dealmaker" that's "not ideologically driven to anything."

International Business Times

Asian Markets Rise Ahead Of Fed Chief's Congress Testimony

Asian markets rose Tuesday following gains in US stocks and ahead of Fed chief Jerome Powell's testimony to Congress which will be closely watched for any hints on the timing of rate cuts.

Fortune

Heir to the richest man in Asia is getting married, with decadence

The Ambani family is one of the richest in the world, and they’re celebrating.

International Business Times

Euro Slips In Asian Trade After Snap French Poll

The euro slipped in Asian trade on Monday after snap French elections in which a hung parliament appeared the likeliest outcome, as markets in the region searched for direction after Wall Street closed the previous week on a strong note.

The Independent UK

Japan and Philippines to sign defense pact letting Tokyo's forces train in Southeast Asian country

Japan and the Philippines are signing a defense pact that will allow Japanese forces to deploy in the Southeast Asian country for joint military exercises, including live-fire drills

The Independent UK

Asia's richest man Mukesh Ambani is set to throw a grand wedding for his son. Here's what to know

In March, Asia’s richest man Mukesh Ambani threw a three-day prenuptial bash for his son that included a 1,200-person guest list, including former world leaders, tech tycoons and Bollywood’s megastars, and a performance by renowned singer Rihanna

The Guardian - UK

Golden age for south-east Asian cinema as local films break box office records

As Hollywood grapples with production delays, locally made films are boosting the industry in countries such as Thailand and Indonesia

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