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The Latest Breaking News from Asia

Suez Canal Records All-time Highest Monthly Revenue

Egypt’s Suez Canal revenue reached $704 million in July, Canal Authority Chairman Osama Rabea said on Tuesday. The figure represents a 32.4% increase from the same month last year, when the canal only recorded $531.8 million. The canal is the fastest shipping route between Europe and Asia and one of…

Asharq Al-Awsat

Nancy Pelosi in Taiwan: calls for calm in Asia as US-China tensions rise

South Korea calls for dialogue and Japan conveys concerns over drills, while North Korea praises China

The Guardian - UK

Nancy Pelosi visit: China warns airlines to avoid ‘danger zones’ around Taiwan

BEIJING: China warned airlines operating in Asia to avoid flying in areas around Taiwan where it is conducting military exercises in response to US House Speaker Nancy Pelosi’s visit to the island.

The Times of India

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Zipmex allowing some altcoin withdrawals

Asia crypto exchange Zipmex Pte plans to allow users to withdraw some tokens from their trading accounts.

Bangkok Post

China military operations 'concerning' says Japan gov't spokesperson

Japan called China's military exercises in response to U.S. House Speaker Nancy Pelosi's visit to Taiwan 'concerning' on Wednesday, but refrained from commenting on Pelosi's visit to Asia.

Reuters

TAP Group launches 'Heineken Silver'

Boosted by an improvement in domestic beer consumption in the first half, Thai Asia Pacific Brewery Group (TAP), the marketer of Dutch beer brand Heineken, has rolled out a new beer product for the first time since Heineken entered the Thai market 27 years ago.

Bangkok Post

Fyllo Expands Presence In Asia Pacific With Appointment Of Robert Woolfrey As Managing Director

Fyllo, a platform providing data-driven marketing and regulatory solutions to drive new growth, recently announced the appointment of Robert Woolfrey as managing director for the Asia Pacific (APAC). Woolfrey will open and lead the company’s business in the region and report to Jeff Ragovin, Fyllo’s chief comme

Benzinga

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Newlywed couple missed out on £5k honeymoon due to 'airport errors'

Soumaya Elliot and husband Justin planned to go on an extravagant trip around Asia but were halted by issues at the airport

Manchester Evening News

'We had to cancel our dream £5k honeymoon after airport errors made us miss our flights'

Soumaya Elliott, 30, and husband Justin, 33, splashed out on a four-week trip to Asia

Wales Online

Tensions rise across Asia as Pelosi poised for Taiwan visit and Russia calls trip a ‘provocation’

Reports say Ms Pelosi will visit Taiwan on Tuesday night

The Independent UK

Myanmar violence, Ukraine war loom over ASEAN meetings

Southeast Asian foreign ministers are gathering in the Cambodian capital for meetings addressing violence in Myanmar and other issues

The Independent UK

World one step from `nuclear annihilation,' UN chief warns

U.N. Secretary-General Antonio Guterres is sounding the alarm over the war in Ukraine, nuclear threats in Asia and the Middle East, and other tensions

The Independent UK

Alibaba, JD, Nio Fall In Hong Kong As Nancy Pelosi's Taiwan Plan Keeps Markets On Edge

Hong Kong’s benchmark Hang Seng Index opened in the red, losing over 2.5% in opening trade, following the trend in broader Asian markets after reports emerged that U.S. House Speaker Nancy Pelosi was to arrive in Taiwan on Tuesday. China has issued a strongly worded statement saying it will take…

Benzinga

New research reveals that wildfires can influence El Niño

Wildfire is a phenomenon that has affected pretty much every vegetated environment on Earth for millions of years. However, during the past few decades, the planet has been experiencing extraordinary wildfire activity, with widespread devastation in diverse places such as the Mediterranean, North and South America, Southeast Asia, Australia and…

The Conversation

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The Independent UK

US sanctions UAE, Hong Kong firms that ship Iranian oil

The U.S. has sanctioned a United Arab Emirates-based firm and several Asian companies for facilitating the illicit sale of millions of dollars’ worth of Iranian oil for shipment to East Asia

The Guardian - US

US says Beijing has no reason to turn Pelosi’s expected Taiwan visit into a ‘crisis’

National security council says speaker has ‘right to visit’ after China warns its military would ‘not sit idly by’

Bangkok Post

Asia posts biggest 6-month drop in FX reserves since 2015-16

SINGAPORE: Foreign exchange reserves in Asia have recorded their biggest six-month decline in years, a testament to policymakers' determination to defend currencies facing persistent downward pressure from a strong US dollar.

Zenger

Newly Discoverd Pit Viper Endangered By Tourist Influx In China

Gloydius is a genus of venomous pit vipers found in Asia, especially in China’s Zharu Valley.

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Evening Standard

HSBC sets course for return to quarterly dividend payments

The London-listed giant, which earns much of its revenue in Asia, has faced calls from investors for it to be broken up

Asharq Al-Awsat

Pelosi Lands in Singapore to Kick off Asia Tour

US House Speaker Nancy Pelosi arrived in Singapore early Monday, kicking off her Asian tour as questions swirled over a possible stop in Taiwan that has fueled tension with Beijing. A person familiar with the matter confirmed that Pelosi and her delegation landed in the city-state before dawn. They spoke…

Reuters

Pelosi set to visit Taiwan despite China warnings, sources say

U.S. House of Representatives Speaker Nancy Pelosi was set to visit Taiwan on Tuesday, three sources said, as the United States said it wouldn't be intimidated by Chinese threats to never "sit idly by" if she made the trip to the self-ruled island claimed by Beijing.

The Independent UK

Asian shares advance, Hong Kong sags on weak factory data

Shares are mostly higher in Asia after a strong close on Wall Street last week, though the latest manufacturing surveys showed weakening factory activity in the region's biggest economies

The Times of India

Asia’s richest men prep for battle as Gautam Adani enters Mukesh Ambani’s turf

MUMBAI: In June, Indian billionaire Mukesh Ambani and his aides ran into an unexpected dilemma when debating where to train the dealmaking lens of his empire next.

ABC News

Habitual mask-wearing is likely helping Japan, Singapore and South Korea bring daily Omicron deaths down, epidemiologists say

There is "a really quite important cultural difference" in Asia that epidemiologists suggest is having a dramatic impact on their daily rate of COVID-19 deaths.

The Hindu

Bringing Eurasia closer

The International North South Transport Corridor, which aims to bring Eurasia closer together, is a laudable initiative

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