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The Latest Breaking News from Asia

Investors seen heading north, leaving SE Asia behind

The nascent revival in North Asian equities is being touted as the start of a potential bull run as bets for China’s gradual reopening as well as the bottoming out of the chip industry intensify.

Bangkok Post

Thailand 'base' for SMBC's growth

Japan's Sumitomo Mitsui Banking Corporation (SMBC) will adopt Thailand as its base for expansion in Southeast Asia in celebration of its 70th year of operations in the kingdom, it says.

Bangkok Post

Equities pause as market takes stock of Covid cases

RECAP: Asian equities fell yesterday in subdued activity after the Thanksgiving holiday in the US. Chinese shares led declines as investors weighed recent gains against an upswing in Covid-19 infections, which reached a new single-day high above 30,000 infections.

Bangkok Post

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Mystery shipwreck full of astonishing treasures is discovered after 150 years

A group of archaeologists have discovered a treasure-filled shipwreck 150 years after disaster struck the 125-foot vessel while it was travelling along Asia's longest river

Daily Mirror

Indian tycoon defends hostile takeover bid for broadcaster

Efforts by Gautam Adani, Asia’s richest man, to buy NDTV triggered debate over press freedom

Al Jazeera

Govt mulls selling 5-10% stakes in Coal India, Hindustan Zinc

NEW DELHI: India plans to sell small stakes in state-run firms including the world’s biggest coal miner and Asia’s largest zinc producer, to ride a stock market boom and boost revenue in the final quarter of the financial year, according to people familiar with the matter.

The Times of India

Hong Kong's Cardinal Zen among six fined over fund for protesters

One of Asia's most senior Roman Catholic clerics, Cardinal Joseph Zen, 90, was found guilty of failing to register a now-disbanded fund for pro-democracy protesters and fined HK$4,000($512) on Friday by a Hong Kong court.

Reuters

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Oil up amid Wrangling over Russian Oil Price Cap

Oil prices rose in Asia on Friday, despite thin market liquidity, after a week marked by worries about Chinese demand and haggling over a Western price cap on Russian oil. Brent crude futures rose by 28 cents, or 0.33%, to trade at $85.62 a barrel at 0410 GMT. US West…

Asharq Al-Awsat

Asian shares mixed as investors eye Tokyo inflation data

Asian shares are mixed as worries about the regional economy deepen and government data show higher-than-expected inflation in Japan

The Independent UK

Benchmark indices fall in early trade after three-day rally

MUMBAI: Equity benchmarks fell in early trade on Friday, halting their three-day rally, amid a largely weak trend in other Asian markets.

The Times of India

Can Malaysia’s Anwar fix corruption, inequality and inflation?

Southeast Asian nation’s new leader faces challenges from a falling ringgit to one of Asia’s biggest wealth gaps.

Al Jazeera

Gautam Adani, Asia's richest man, makes a $5 billion bet to silence debt-obsessed critics

MUMBAI: Gautam Adani's plan to raise at least $5 billion in equity aims to shut down two of the most frequent criticisms leveled against the Indian tycoon's swelling empire: high debt ratios and a limited investor base.

The Times of India

AP Week in Pictures: Asia

Nov. 19-25, 2022

The Independent UK

Emerging markets to buoy exports in 2023

Thailand's exports are expected to maintain growth momentum next year, albeit at a slower pace than this year, shored up by strong demand from emerging markets in Asia and the Middle East, speakers at a seminar said on Thursday.

Bangkok Post

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Reuters

Exclusive-Russians, Ukrainians met in UAE to discuss prisoner swap, ammonia, sources say

Representatives from Russia and Ukraine met in the United Arab Emirates last week to discuss the possibility of a prisoner-of-war swap that would be linked to a resumption of Russian ammonia exports, which go to Asia and Africa, via a Ukrainian pipeline, three sources with knowledge of the meeting said.

The Independent UK

Asian shares rise on Fed rate hopes despite China worries

Asian shares are mostly higher, although optimism about the Federal Reserve holding back on aggressive interest rate hikes was countered by uncertainty over coronavirus restrictions in China

Bangkok Post

PROVA® announces the creation of its new industrial site in Bangkok

This corporate project is part of "PROVA Tomorrow" strategic plan which aims to strengthen the company’s international development in high-potential areas such as the United States and Asia as well as to gradually empower the regions operationally.

Newsroom.co.nz

The making - or breaking - of Asia

Great Power tensions combine with economic uncertainty to threaten peace in the region.

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InsideEVs

Elon Musk: South Korea Among Top Candidates For EV Investment

According to recent media reports, one of the next Tesla gigafactories might be built in Asia and South Korea has a big chance to attract investment.

The Conversation

The real Paleo diet: new archaeological evidence changes what we thought about how ancient humans prepared food

We humans can’t stop playing with our food. Just think of all the different ways of serving potatoes – entire books have been written about potato recipes alone. The restaurant industry was born from our love of flavouring food in new and interesting ways.

Bangkok Post

Visa waiver, sports to lift Saudi travel

Thailand is hoping to boost tourism cooperation with Saudi Arabia, including offering visa exemptions and promoting Muay Thai after the Asia-Pacific Economic Cooperation (Apec) summit, according to the Tourism and Sports Ministry.

Bangkok Post

Asia's first pop-up Dairy Queen offers more than just soft serves

Dairy Queen, the American soft-serve ice cream chain, is welcoming the holiday season with a colourful pop-up in front of CentralWorld, the first of its kind in Asia. Dairy Queen, the American soft-serve ice cream chain, is welcoming the holiday season with a colourful pop-up in front of CentralWorld, the…

Bangkok Post

Singapore Air adds flights to Bangkok, Phuket

Singapore Airlines Ltd will add flights to East and Southeast Asia, including Bangkok and Phuket, from early next year and trim some services to the United States as it tweaks routes and plane allocations to get a head start over rivals as nations ease travel restrictions.

Bangkok Post

Preserving heritage

Field recordings of ancient, traditional music in the Southeast Asia feature in this column. Northern Khmer Spirit Music in Thailand – Kantrum Dongman (Animist Records, 2022) covers the traditional music of "Northern Khmer" people in provinces like Surin, Buri Ram and Si Sa Ket that straddle the Thai-Cambodian border in…

The Independent UK

Asian stocks down after Wall St weekly loss on rate fears

Asian stock markets are lower after Wall Street ended with a loss for the week amid anxiety about Federal Reserve plans for more interest rate hikes to cool inflation

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