Asia stocks follow Wall St down after US recession warning Asian stock markets have followed Wall Street lower after the Federal Reserve said its economists expect a “mild recession” this year The Independent UK · Apr 13, 2023
Elon Musk Could Learn a Thing or Two From Bernard Arnault Luxury conglomerate LVMH reported Q1 2023 results on April 12. You would hardly know from its results that there was a possible recession around the corner. Iconic companies tend to be like that. Barchart · Apr 12, 2023
Asian rebound helps push LVMH first quarter revenue beyond €20 billion The world’s richest man Bernard Arnault is set to benefit from the jump in sales Evening Standard · Apr 12, 2023
Philippines, U.S. begin joint troop exercises amid regional tensions More than 17,000 Philippine and U.S. soldiers began their largest ever joint military drills on Tuesday, as ties between the long-term allies warm over shared concerns about China's assertiveness in the Asia-Pacific region. Reuters · Apr 11, 2023
Asian shares mostly higher after mixed day on Wall Street Stocks are mostly higher in Asia after a mixed session on Wall Street The Independent UK · Apr 11, 2023
Saudi Arabia to Supply Full Crude Contract Volumes to Asia Several informed sources said that the giant Saudi Aramco plans to supply full crude contract volumes loading in May to several North Asian buyers despite its pledge to cut output by 500,000 barrels per day, Reuters reported. This comes after the Organization of the Petroleum Exporting Countries (OPEC) and the… Asharq Al-Awsat · Apr 11, 2023
World famous festival comes to Pattaya The Rolling Loud rap and hip-hop festival will bring a star-studded line-up for its first-ever event in Asia, Rolling Loud Thailand, which will take place at Legend Siam in Pattaya, Chon Buri, from Thursday to Saturday, starting at 4pm. Bangkok Post · Apr 10, 2023
Predicted 0.08% boost from UK-Asia trade deal could be overestimate Trade department used different approach to estimating economic boost which ‘generates larger estimated GDP impacts’ The Independent UK · Apr 10, 2023
Asian shares higher after report shows resilience in US jobs Shares are mostly higher in Asia after a report showed resilience in the U.S. jobs market The Independent UK · Apr 10, 2023
OECD predicts SE Asian growth to decline Economic growth in Southeast Asia is forecast to drop from 5.6% in 2022 to 4.6% this year, pressured by weaker demand as the global economy slows, says the Organisation for Economic Co-operation and Development (OECD). Bangkok Post · Apr 9, 2023
Son Heung-min hopes he can inspire more Asian players to pursue dreams Son’s landmark goal was one of many celebrations in the Tottenham camp after the birth of Ryan Mason’s son. The Independent UK · Apr 9, 2023
"I feel like I've found myself again" - The former Manchester United youngster smiling again after going through hell "I fell out of love with the game for about two years and was in a dark place. I didn't know where I wanted to be, or if I wanted to play football again... I felt like there was no one I could turn to." Manchester Evening News · Apr 9, 2023
Why Abe's new Asian order is now emerging By building up the notion of the Indo-Pacific as a critical region, Shinzo Abe, the late Japanese prime minister, created a strategic framework that presaged the geopolitical and economic integration now taking place across Asia and parts of Africa. As South Asian and Middle Eastern countries merge into West Asia,… Bangkok Post · Apr 7, 2023
OnePlus Nord N30 tipped for US launch with very impressive specs After announcing the OnePlus Nord CE 3 Lite for Europe and Asia this week, OnePlus could be looking to bring this budget phone to the U.S. as the OnePlus Nord N30. If so, it means a low-cost phone with a 108MP camera and 67W charging. Tom’s Guide · Apr 7, 2023
Bangkok Post · Apr 7, 2023 SCBAM prescribes global, investment-grade bonds SCB Asset Management (SCBAM) recommends investors allocate funds to global and high-investment-grade bonds that enable them to buy Asian and US tech stocks amid ongoing global headwinds and a potential recession.
Bangkok Post · Apr 6, 2023 Region told to rev up decarbonisation Southeast Asia needs to accelerate decarbonisation of its global value chains (GVCs) as the region could face up to a 30% loss of GDP annually by 2100 due to climate change, according to the Asian Development Bank (ADB).
Caixin Global · Apr 6, 2023 Malaysia Highlights Potential of Islamic Finance Market as It Woos Hong Kong Malaysia would like to ‘leverage’ the city’s position as a global financial center to ‘channel global capital’ into the Southeast Asian country, trade minister says
Reuters · Apr 6, 2023 Exclusive-China plans $500 million subsea internet cable to rival U.S.-backed project Chinese state-owned telecom firms are developing a $500 million undersea fiber-optic internet cable network that would link Asia, the Middle East and Europe to rival a similar U.S.-backed project, four people involved in the deal told Reuters. The plan is a sign that an intensifying tech war between Beijing and…
Asharq Al-Awsat · Apr 6, 2023 Saudi Arabia Raises Arab Light Crude Prices for Asia for 3rd Month Saudi Arabia, the world's top oil exporter, has raised the prices of its flagship crude for Asian buyers for the third straight month, informed sources said. The official selling price (OSP) for May-loading Arab Light to Asia was raised by 30 cents a barrel from April to $2.80 a barrel…
Bangkok Post · Apr 5, 2023 Prime Road targets 1,800MW renewable power by 2027 SET-listed Prime Road Power, an operator of solar farms and provider of solar panel installation services, aims to increase its renewable power generation capacity to 1,800 megawatts by 2027, up from 304MW, thanks to campaigns for fossil fuel reduction to fight global warming across Asia-Pacific.
Tribune News Service · Apr 5, 2023 Saudi Arabia hikes oil prices to Asia after OPEC+ shock cuts Saudi Arabia hiked official selling prices for all of its oil sales to Asian customers in May, days after the kingdom led a surprise OPEC+ output cut.
The Week · Apr 5, 2023 CPTPP: is trade deal first sign of Brexit’s sunlit uplands? The Government struck a deal to join an 11-member Asia-Pacific trade bloc last week, a step hailed by No. 10 as an example of Britain seizing its “post-Brexit freedoms”.
The Independent UK · Apr 4, 2023 Youngkin to meet with Taiwan's leader during trade mission Republican Virginia Gov. Glenn Youngkin will lead his first international trade mission later this month, a trip to Asia that will include a meeting with the president of Taiwan
Bangkok Post · Apr 4, 2023 ADB gauges 2023 growth rate at 3.3% Thailand's economic growth is projected at 3.3% this year and 3.7% in 2024 as a recovery in tourism and private consumption help offset a slowdown in exports, according to the Asian Development Bank (ADB).