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The Latest Breaking News from Asia

40 years on, does Australia need another Prices and Incomes Accord?

The election of the Hawke Labor government on March 5 1983 began an era of once-in-a-century economic reforms that opened the Australian economy to the world. It floated the dollar, eliminated controls on international capital flows, and dismantled the high tariffs that protected local manufacturers from imports. It refocused Australia’s…

The Conversation

Vlogger faces backlash for calling Bali ‘the whitest island’ in Asia

‘This seems like a video talking about gentrification without addressing it,’ one user commented

The Independent UK

Suez Canal Amends Tolls for Oil Tankers

Egypt’s Suez Canal Authority said it will amend a surcharge on loaded crude oil tankers to 25% of normal transit dues and on empty crude oil tankers to 15% of the dues, effective April 1, according to a circular issued on Tuesday. It added that the additional fees were temporary…

Asharq Al-Awsat

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I have HIV and can’t fly through Qatar but BA won’t give me a refund

I want to use another airline as I can’t enter the transit country used by BA flights to south-east Asia, but the airline has only offered a voucher

The Guardian - UK

Air India makes record-breaking purchases from Airbus and Boeing

Tata-owned airline orders 470 planes from rivals in expectation of rapid surge in passenger demand in Asia

The Guardian - UK

BFI president Govindaraj all set to become first Indian as president of FIBA Asia

NAGPUR: In a major first for basketball in India, head of Indian federation K Govindaraj has been nominated as new president of FIBA Asia.

The Times of India

Government ministers to travel to 44 countries for St Patrick's Day engagements

Ministers, Ministers of State and other Government representatives will travel across the globe to places such as the US, Australia, the Middle East, Asia and other locations as part of the celebrations.

Irish Mirror

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Meet the slow travellers choosing trains and buses over planes

Why would you ever choose to go the long way across Europe or Asia? Comfort, scenery, local encounters and spontaneous stop-offs, for a start; Lucy Thackray finds out more

The Independent UK

Japan’s economy rebounds less than expected amid COVID recovery

Asia’s second-largest economy grows 0.2 percent during the October-December period, falling short of expectations.

Al Jazeera

Hong Kong adds security law clauses to land sales, property stocks drop

Hong Kong's Lands Department has added national security clauses to all land sale and short-term lease tender documents in the Asian financial hub, the Development Bureau said on Monday, confirming an earlier media report that had sent property stocks tumbling.

Reuters

Ten Deadliest Quakes of the 21st Century

The massive earthquake that struck Türkiye and Syria on February 6 is the fifth-deadliest this century. Here is a list of the 10 worst quakes since 2000, ranked by death toll: 2004: 230,000 dead, southeast Asia On December 26, a massive 9.1-magnitude earthquake strikes off the coast of Sumatra, triggering…

Asharq Al-Awsat

Asian stocks slide ahead of US inflation update

Asian stock markets are lower ahead of a U.S. inflation update that traders worry might lead to more interest rate hikes

The Independent UK

PM praises Thailand's 10th ranking in Power Index

Prime Minister Prayut Chan-o-cha was pleased with the 10th ranking of Thailand in the Asia Power Index 2023, said government spokesman Anucha Burapachaisri on Saturday.

Bangkok Post

Regional shares retreat, foreign selling continues

RECAP: Asia-Pacific stocks retreated on Friday, slumping towards a second weekly loss as investors fretted about the potential for further US Federal Reserve tightening.

Bangkok Post

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Bangkok Post

BGRIM signs Malaysian energy deal

B.Grimm Power Plc (BGRIM) plans to supply electricity from renewable sources to TNB Power Generation Malaysia in an effort to support energy security in Asia and assist the Asean Power Grid project.

Bangkok Post

Asia and Oceania poised to be sustainability leaders

Countries in Asia and Oceania have the potential to lead the global business community in advancing sustainable and inclusive development, says the founder of the UN Global Compact (UNGC).

The Independent UK

AP Week in Pictures: Asia

Feb. 3-9, 2023

Fortune

How private equity whiz Weijian Shan went from penniless in the Gobi desert to orchestrating a takeover of one of China’s biggest banks

Shan runs PAG, the largest private equity firm in Asia that currently manages $50 billion in assets. The Chinese-born dealmaker clinched one of the most unlikely and successful deals of the early 21st century.

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The Guardian - US

Bergdorf’s, Central Park: Flaco the escaped owl takes a tour of Manhattan

New Yorkers delighted by sightings of Eurasian eagle owl, but staff at the zoo it fled worry about its prospects of survival in the wild

The Guardian - UK

Could Russia really quit Uefa for Asian federation to reach 2026 World Cup?

Russia is weighing up following Australia’s example and joining AFC qualification route but significant obstacles remain

The Independent UK

Asian shares mixed after Wall St falls on rate hike worries

Shares are mixed in Asia after Wall Street gave back some of its recent gains on persisting uncertainty over interest rates and inflation

The Independent UK

US general to aggressors: Allies are battle-ready in Asia

A United States general has said that American forces and their allies in Asia are ready for battle after years of joint combat exercises

Foreign Affairs

America Needs to Reassure Japan and South Korea

How to shore up Washington’s eroding credibility in Asia.

Bangkok Post

BBLAM now bullish on Asean, China

BBL Asset Management (BBLAM) is overweighting its investment in Chinese and Asean stocks this year as the prospects for economic recovery are higher in Asia than in the West.

Inverse

Millions of People Are at Risk of This Rare Climate Change Threat — Study

Flooding from glacial lakes is already threatening millions of people in Asia and Latin America due to climate change, a new study reports.

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