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The Latest Breaking News from Asia

TGI Fridays signs historic deal to expand chain to South and Southeast Asia

Dallas-based TGI Fridays says it has an agreement with a real estate developer to build 75 new restaurants in South and Southeast Asia in what the restaurant chain describes as its biggest global deal to date.

Tribune News Service

Jeff Bezos loses spot as second-richest person

Gautam Adani, 60, is the first Asian busines person to rank in the top three of the global wealth index, which is typically dominated by US tech entrepreneurs

The Independent UK

China's Xi calls for effort to prevent 'color revolutions'

A Russian state news agency says Chinese President Xi Jinping has warned his Central Asian neighbors against allowing outsiders to destabilize them with “color revolutions.”

The Independent UK

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Baht falls below 37 to the dollar

The baht fell past 37 to the US dollar — its lowest since December 2006 — as several Asian currencies hit multi-year lows on Friday.

Bangkok Post

Asian stocks follow Wall St lower amid inflation pressure

Asian stock markets have followed Wall Street lower after higher-than-expected U.S. inflation dashed hopes the Federal Reserve might ease away from more interest rate hikes

The Independent UK

AP Week in Pictures: Asia

Sept. 9-15, 2022

The Independent UK

Geoeconomics of the US-China tech war

Chinese President Xi Jinping's arrival in Central Asia this week in his first overseas travel in nearly three years is perhaps the most consequential irony of the coronavirus pandemic. As the place where the deadly pandemic began in early 2020, China was the first to swiftly and successfully suppress and…

Bangkok Post

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Irish Doctors for the Environment slam Bord Bia's €8m meat and dairy trade mission to Asia

The charity warns Ireland does not have a secure food system and should grow more sustainable plant produce

Irish Mirror

‘Hat in hand’: Putin meets Xi for first time since Ukraine war

The Russian president’s encounters with the Chinese leader cannot be considered a meeting of equals, analysts say.

Al Jazeera

NGO retracts ‘waste colonialism’ report blaming Asian countries for plastic pollution

Ocean Conservancy apologises for ‘false narrative’ of 2015 study that put blame for bulk of world’s plastic waste on five Asian states

The Guardian - UK

BOI welcomes delegation from Egypt

A delegation from the Arab Republic of Egypt led by Mr. Ayman Kamel, Assistant Foreign Minister for Asia, Australia, New Zealand, and the Pacific Islands, and H.E. Mr. Moustapha Mahmoud Moustapha Elkouny, Ambassador to Thailand, visited the headquarters of the Thailand Board of Investment on 12 September 2022. They were…

Bangkok Post

‘Worse Than MAGA’ – South Korea Erupts Over Biden’s Trade Policy

The U.S. is offering tax credits of up to $7,500 to buyers of electric vehicles assembled in North America, making those manufactured overseas more expensive.

The News Lens

Asian shares mixed after wobbly gains on Wall St

Asian shares are mixed after modest gains on Wall Street

The Independent UK

China, Russia, Central Asia leaders hold security summit

Chinese President Xi Jinping, Russia’s Vladimir Putin and leaders from India and Central Asian nations are headed to Uzbekistan for a summit of a security group seen by Beijing and Moscow as a counterweight to U.S. influence

The Independent UK

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France 24

Xi says China is ready to work with Russia as global 'great powers'

Chinese President Xi Jinping told his Russian counterpart Vladimir Putin on Thursday that Beijing was willing to work with Moscow as "great powers" during his first trip overseas since the early days of the pandemic.

Bangkok Post

PTTGC banks on recycled plastic plant

PTT Global Chemical Plc (PTTGC) has opened Southeast Asia’s largest plant producing high-quality and food-grade recycled plastic resins, aiming to recycle 60,000 tonnes of used plastics annually.

Bangkok Post

Asian shares extend global rout, yen perks up on intervention hints

SYDNEY: Asian stocks tumbled on Wednesday as US data dashed hopes for an immediate peak in inflation, although the dollar paused its relentless run against the yen as Japan gave its strongest signal yet it was unhappy with the currency's sharp declines.

AAP

Young Socceroos back in Asian Cup

The Young Socceroos are back in the Asian Cup qualifiers after organisers shifted games from Iraq.

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Bangkok Post

PTTGC launches Thailand's first food-grade recycled plastic resin plant

PTT Global Chemical Plc (PTTGC), a petrochemical flagship of PTT Group, has opened Thailand’s first and Southeast Asia’s largest high-quality and food-grade recycled plastic resin plant, aiming to process 60,000 tonnes per year.

The Conversation

The Whitewash is a scathing, hilarious satire of Asian misrepresentation in Hollywood

Siang Lu’s debut novel The Whitewash is a scathing satire of the big-budget film industry’s ethnic and racial myopia. Original, critical and hilarious, the book is a product of the Glendower Award for an Emerging Queensland Writer, which this manuscript won in 2021.

Bangkok Post

AirAsia X set to ramp up cargo services

AirAsia X plans to ramp up its cargo service to increase its revenue contribution to 20-25%, from single digits, in addition to synergising passenger routes with airlines in its group to improve efficiency as airfares rise.

The Guardian - AU

Kazakhstan to change name of capital from Nur-sultan back to Astana

The capital of the central Asian country was renamed Nur-sultan in 2019 in honour of outgoing president Nursultan Nazarbayev

Bangkok Post

Depleting reserves spell risks for emerging Asian currencies

Emerging Asian central banks have seen a sharp depletion in their foreign-exchange reserves, stoking concerns it may crimp market interventions to curb currency losses in the face of the mighty dollar.

The Independent UK

US invites Mexico to join semiconductor production effort

A high-level United States delegation invited Mexico to participate in a push to shift semiconductor production from Asia to North America and expand production of electric vehicles

France 24

As Pakistan floods and India curbs rice exports, Africa braces for high prices

The devastating floods in Pakistan, which plunged great swaths of agricultural land under water – coupled with India's decision to curb its rice exports – risk exacerbating food insecurity in the African countries most dependent on imports from Asia.

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