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The Latest Breaking News from Asia

Asian Shares Mixed after China Cuts Key Rate, Japan GDP Up

Shares were mixed in Asia on Monday after China's central bank cut a key interest rate and Japan reported its economy picked up momentum in the last quarter. Tokyo and Sydney advanced while Hong Kong, Shanghai and Bangkok fell. US futures edged lower early Monday, while oil prices declined. The…

Asharq Al-Awsat

Asian shares mixed after China cuts key rate, Japan GDP up

Shares are mixed in Asia after China cut a key interest rate and Japan reported its economy expanded at a faster pace in the last quarter

The Independent UK

The race of two Asian giants

China and India will shape Asia in the next decade, but likely in wary opposition to one another

The Hindu

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Why UK farms are recruiting fruit pickers from 7,000 miles away

Last year, Ukrainians helped plug post-Brexit labour shortages. With the focus now on Asia, it’s unclear who should police issues such as illegal broker fees

The Guardian - UK

The United States Is Deeply Invested in the South China Sea

As China postures, Washington remains committed.

Foreign Policy

Business takes off again for LCCs flying in Southeast Asian markets

BANGKOK -- Low-cost carrier airlines in Southeast Asia are regaining momentum after having struggled with a decline in passenger numbers due to the novel coronavirus pandemic.

The Japan News/Yomiuri

China Sending Fighter Jets to Thailand for Joint Exercises

The Chinese air force is sending fighter jets and bombers to Thailand for a joint exercise with the Thai military on Sunday. The training will include air support, strikes on ground targets and small- and large-scale troop deployment, the Chinese Defense Ministry said in a statement posted on its website.…

Asharq Al-Awsat

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Apps turning restaurant leftovers into cheap meals take off

With a tantalising array of satay chicken, wok-fried mud crab and chilled tiger prawns, the dinner buffet at Singapore’s Grand Hyatt hotel typically sets diners back about US$70. Those on a tighter budget and with an eye on sustainability can fill a box for a 10th of that price.

Bangkok Post

The girl with movie star looks who was Usha’s greatest rival

Former Asian sprint queen Lydia de Vega loses four-year battle with cancer

The Hindu

Ping An insists splitting HSBC would increase bank’s value

The Chinese shareholder has accused HSBC executives of exaggerating the downfalls of separating off the Asian business

The Guardian - UK

More pirate attacks expected in Singapore Strait

Piracy and sea robberies (PSR) are likely to rise in Southeast Asia in the second half of this year due to economic issues from Russia’s invasion of Ukraine, according to a recent report by a Singapore government-affiliated think tank.

Bangkok Post

Asian shares track Wall Street gains on cooling inflation

Shares have advanced in Asia after benchmarks closed at three-month highs on Wall Street as investors cheered a report showing inflation cooled more than expected in July

The Independent UK

At 75, India seeks way forward in big but job-scarce economy

India’s phenomenal transformation from an impoverished nation in 1947 into an emerging global power whose $3 trillion economy is Asia’s third largest has made it a major exporter of things like software and vaccines

The Independent UK

Costa Rica seeks entry to trans-Pacific trade bloc

Costa Rica formalized its request to join a trade partnership of 11 countries across Asia, Australia and the Americas, President Rodrigo Chaves announced on Wednesday, in a step toward strengthening trade ties with Asian economies.

Reuters

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The Independent UK

Asian stocks fall ahead of US inflation

Asian stocks have followed Wall Street lower ahead of U.S. inflation data that traders worry will show upward pressure on prices still is too strong for the Federal Reserve to ease off interest rate hikes

The Times of India

In this season for chess, a peek into the sport’s latest format

GURUGRAM: Chess is the flavour of the month. But while all eyes are on Chennai, where the Olympiad is taking place, Gurugram stole just a little of the limelight on Tuesday by hosting Asia’s first ever ‘No Castling’ match.

WEKU

Hotter nights could increase global mortality rates, a study warns

Nighttime temperatures could double in some eastern Asian cities, according to a study researchers say is the first to estimate the impact of hotter nights on climate change-related mortality risks.

The Hindu

Climate change may increase mortality rate due to excess heat by six times: Lancet study

The study found that the average intensity of hot night events will nearly double by 2090, from 20.4 degrees Celsius to 39.7 degrees Celsius across 28 cities from east Asia

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Reuters

Companies in China distance themselves from Taiwan amid Pelosi backlash

From a Chinese soy sauce maker to an Asia-focused asset manager, companies in China are rushing to distance themselves from geopolitical tensions over Taiwan following last week's visit to the island by a high-profile U.S. official.

Reuters

Exclusive-Russian weapons in Ukraine powered by hundreds of Western parts - RUSI

More than 450 foreign-made components have been found in Russian weapons recovered in Ukraine, evidence that Moscow acquired critical technology from companies in the United States, Europe and Asia in the years before the invasion, according to a new report by Royal United Services Institute defence think tank.

Bangkok Post

Zipmex to ease some bitcoin, ether withdrawals after altcoins

Asia crypto exchange Zipmex Pte will allow users to partially withdraw Bitcoin and Ether from their trading accounts starting later this week, providing some relief to those caught by the recent meltdown in the digital asset market.

The Independent UK

Asian stocks mixed after US job gain paves way for rate hike

Asian stock markets are mixed after strong U.S. jobs data cleared the way for more interest rate hikes and China reported Monday that its exports rose by double digits

The Independent UK

Asian stocks mixed after US job gain paves way for rate hike

Asian stock markets are mixed after strong U.S. jobs data cleared the way for more interest rate hikes and China reported its exports rose by double digits

Bangkok Post

Why Asia’s green economy is growing fast

With the UN predicting continued massive population growth in Asia, green bonds could help secure a long-term sustainable infrastructure for all [1].

360info

Tackling air pollution at a global scale

Air pollution has no respect for borders. Regional agreements can only go so far. The world needs a global agreement.

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