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The Latest Breaking News from Asia

Europe faces 'unprecedented risk' of gas shortage - IEA report

Europe faces “unprecedented risks” to its natural gas supplies this winter after Russia cut off most pipeline shipments and could wind up competing with Asia for already scarce and expensive liquid gas that comes by ship, the International Energy Agency said.

Radio France Internationale

Asian shares mostly lower as recession fears deepen

Asian shares have fallen after Wall Street closed out a miserable September with a loss of 9.3%, the worst monthly decline since March 2020

The Independent UK

Indonesia presses for answers after deadly soccer stampede

Dozens of Indonesian police were placed under investigation on Monday over a stampede at a soccer match that killed 125 people, as authorities sought to determine what caused one of the world's deadliest stadium disasters and who was to blame.

Reuters

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India makes strong pitch to major U.S. firms for investing in oil and gas production

India, also being the 2nd largest refiner in Asia with 23 refineries, will increase its refining capacity.

The Hindu

Nord Stream leaks: where will Europe get its gas from now?

Accusations continue to fly about the cause of major leaks from the two Nord Stream pipelines transporting gas through the Baltic Sea from Russia to Europe.

The Conversation

Hong Kong government to further ease coronavirus measures

The Hong Kong government said on Friday it aims to ease some coronavirus curbs in an orderly way as pandemic trends in the Asia financial hub were continuing to stabilise.

Reuters

Asian stocks sink on German inflation, British tax cuts

Asian stocks have sunk again after German inflation spiked higher, British Prime Minister Liz Truss defended a tax-cut plan that rattled investors and Chinese manufacturing weakened

The Independent UK

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South Korea’s factory output falls in warning for global economy

Asia’s fourth-largest economy sees industrial output shrink a worse-than-expected 1.8 percent in August.

Al Jazeera

AP Week in Pictures: Asia

Sept. 23-29, 2022

The Independent UK

Kamala Harris under a microscope: Deft Asia diplomacy despite DMZ gaffe

WASHINGTON — Kamala Harris’s whirlwind tour of Japan and South Korea this week amounts to a microcosm for the state of her vice presidency: an ambitious, historic and increasingly confident effort still beset by the occasional high-profile gaffe.

Tribune News Service

Delhi’s Arjun selected for Asian Youth Athletics Championship 2022

NEW DELHI: Delhi’s Arjun, a class XI student at the Modern Public School, will be part of the Indian contingent for the Asian Youth Athletics Championship, to be held in Kuwait from October 13-16. Arjun won the gold medal in the javelin throw competition at the National Youth Athletics Championship,…

The Times of India

Couple ditch their jobs to travel the world together after meeting on Tinder

Jenna Carr and Joao Paias had travelled across Portugal and the UK, as well as France and Switzerland before jetting over to Asia and visiting the Philippines, Malaysia, Indonesia and Bali together before the birth of their son

Daily Mirror

VP Harris Caps Asia Trip with Stop at DMZ Dividing Koreas

US Vice President Kamala Harris capped her four-day trip to Asia with a stop Thursday at the Demilitarized Zone dividing the Korean Peninsula as she emphasized the “ironclad” US commitment to the security of its Asian allies in the face of an increasingly hostile North Korea. The visit comes on…

Asharq Al-Awsat

Pound slips again in Asia trading after rallying due to Bank of England intervention

Economists say BoE addressed symptom and not cause with intervention

The Independent UK

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Bangkok Post

Baht leads declines among weak Asian currencies

Most emerging Asian currencies weakened against a stronger US dollar on Thursday, with the Thai baht shedding more than 1% following a quarter-point rate hike that investors viewed as moderate to bring down inflation running at a 14-year high.

Al Jazeera

Is a global recession coming? More experts are raising the alarm

Figures including the head of World Trade Organization and Paul Krugman are expressing concern about economic outlook.

The Independent UK

Asian stocks follow Wall St higher after UK calms markets

Asian stock markets have followed Wall Street higher after Britain’s central bank moved forcefully to stop a budding financial crisis

France 24

North Korea fires missiles after US VP Harris leaves South Korea

In a show of defiance, North Korea fired two short-range ballistic missiles into the sea on Thursday, hours after U.S. Vice President Kamala Harris flew home from a visit to South Korea during which she emphasized the “ironclad” U.S. commitment to the security of its Asian allies.

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The Independent UK

VP Harris to visit DMZ after North Korean missile tests

U.S. Vice President Kamala Harris plans to visit the Demilitarized Zone dividing the Korean Peninsula during the final stop on her four-day trip to Asia

Bangkok Post

Xi to attend Apec summit

Chinese President Xi Jinping has verbally confirmed his participation at the Asia-Pacific Economic Cooperation (Apec) summit in Bangkok on Nov 18-19, but no final decision from United States President Joe Biden has been received, according to the Ministry of Foreign Affairs.

Bangkok Post

Limited-edition model cars arrive in Land of Smiles

Limited edition Ferrari model cars were launched for the first time in Asia during "Tomica World 2022", which is running at Charoen Nakhon Hall, M floor of Iconsiam, Charoen Nakhon Road, until Oct 6.

Bangkok Post

Plunging markets spur new intervention warnings across Asia

After some of the most dramatic declines in global financial markets since the Federal Reserve began lifting borrowing costs six months ago, authorities in Asia are stepping up efforts to prevent a downward spiral.

The Independent UK

US seeks united front in Asia despite Korea, Japan tensions

Vice President Kamala Harris has said her trip to Asia is intended to shore up American alliances with Japan and South Korea

Asharq Al-Awsat

Stocks and Oil Drop as Dollar Gains on Recession, Ukraine Fears

Equities and crude prices fell, while the dollar held at multi-year highs Wednesday as recession fears mount, while traders are also growing increasingly concerned about tensions with Russia after it declared victory in controversial Ukraine annexation polls. Investors are also keeping a close eye on London, after new finance minister…

The Independent UK

Pound falls as Bank of England intervenes to calm markets

Sterling was trading at $1.073 on Wednesday afternoon, improving from $1.066 at 2pm

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