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The Latest Breaking News from Asia

Mid-Wales life sciences manufacturer eyes Middle East and South Asia in ambitious expansion plans

CellPath has invested £2m in a new international distribution warehouse at its headquarters in Newtown to fulfil increased orders overseas

Birmingham Post

Saudi Aramco Raises Asia Official Selling Price

Saudi Aramco raised its May official selling price (OSP) to Asia for its flagship Arab Light crude to $9.35 a barrel above Oman/Dubai crude, its highest premium ever. Oil jumped more than 3 percent on Monday to $108 a barrel as the release of strategic reserves by consuming nations failed…

Asharq Al-Awsat

Oil prices, Asian shares gain after tech rally on Wall St

Shares have edged higher in Asia and oil prices are also higher after a tech-driven rally on Wall Street

The Independent UK

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Ukraine war to slow growth and drive up poverty in Asia, World Bank warns

Conflict adds strain to developing economies in east Asia and Pacific already struggling with Covid and inflation

The Guardian - UK

World Bank cuts Asia’s 2022 growth outlook on Ukraine war

Washington-based lender forecasts five percent growth for the region this year, down from 5.4 percent in October.

Al Jazeera

World Bank projects war shocks to drag on Asian economies

Russia’s invasion of Ukraine has driven up prices for oil, gas and other commodities, eating into household purchasing power and burdening businesses and governments that already are contending with high debt due to the pandemic

The Hindu

World Bank says war shocks to drag on Asian economies

A report by the World Bank says disruptions to supplies of commodities, financial strains and higher prices are among the shocks from the war in Ukraine that will slow economies in Asia in coming months

The Independent UK

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TAT teams up with Thai AirAsia in push for tours

The Tourism Authority of Thailand (TAT) aims to attract 1.75 million tourists from short-haul markets this year as more countries reopen, and will partner with Thai AirAsia (TAA) to bring in at least 18,000 package tours over the next few months.

Bangkok Post

ITF advances Davis Cup tie in September to avoid clash with Asian Games: AITA

The Davis Cup tie between India and Norway and that of nine other Asia nations, will now be held on September 14-15 while the ATF itself rescheduled the tennis event at Asian Games to September 18-24

The Hindu

Asian shares mostly gain after upbeat finish on Wall Street

Shares in Asia have advanced as gains carry over from an upbeat finish last week on Wall Street

The Independent UK

Butterfly Effect: Spooky Moment Reincarnated Black Butterfly Lands At Air Crash Site

The butterfly seen in the video is believed to be a papilio memnon, which is also known as a great Mormon and is common to Asia.

Zenger

If the west can harbor Ukrainians, it can accept the many climate refugees to come

The Ukraine war has revealed the double-standards of the Global North’s immigration policies. Refugees from Africa, Asia and Latin America deserve the same sympathy

The Guardian - US

Russia Praises India’s Neutral Stand on Ukraine Fighting

Russia's foreign minister lauded India for not judging in a "one-sided way" as he discussed Moscow's military involvement in Ukraine with his Indian counterpart on Friday, after Washington urged New Delhi to use its leverage with Russia to end the war. Indian External Affairs Minister Subrahmanyam Jaishankar and Russian Foreign…

Asharq Al-Awsat

Asian shares slip as Japan 'tankan' shows weaker outlook

Asian shares have fallen as a resurgence of Russian attacks dashed hopes for any quick end to the war in Ukraine

The Independent UK

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The Independent UK

AP Week in Pictures: Asia

March 25-31, 2022

Benzinga

Stellantis To Shut Down Russia Plant Due To Component Crisis; Looks To Source Computer Chips From Europe, US

Stellantis NV (NYSE:STLA) looks to source computer chips from Europe and the U.S. within three to four years, Reuters reports. CEO Carlos Tavares said multiple initiatives to develop more local sourcing of semiconductors after import shortages from Asia weighed on the industry. Stellantis looked to shut down a van plant in Russia…

Benzinga

Analysts Slash Price Target On This Clothing Company - Read Why

Analysts slashed their price target on PVH Corp (NYSE:PVH) following the company's Q4 results. Citi analyst Paul Lejuez lowered the price target to $94 from $105 and kept a Neutral rating on the shares, implying a 21% upside. The analyst noted, though the company delivered strong Q4 earnings, the business remains choppy in the…

Reuters

Russia concerned at Islamic State's plans to destabilise Central Asia -report

Russia is concerned about the plans of militant group Islamic State to destabilise central Asia and spread instability to the country as well, the RIA news agency said.

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Bangkok Post

Sorn named No.2 in Asia's top 50 restaurants

Nine of Bangkok's restaurants have made it onto the 2022 Asia's 50 Best Restaurants list.

Bangkok Post

Covid cases in Asia surpass 100 million

Coronavirus infections in Asia passed 100 million on Wednesday, according to a Reuters tally, as the region records a resurgence in cases, dominated by the BA.2 Omicron sub-variant.

Reuters

COVID cases in Asia surpass 100 million - Reuters tally

Coronavirus infections in Asia passed 100 million on Wednesday, according to a Reuters tally, as the region records a resurgence in cases, dominated by the BA.2 Omicron sub-variant.

Asharq Al-Awsat

Omicron ‘Stealth’ COVID Variant BA.2 Now Dominant Globally

A sub-variant of the highly transmissible Omicron version of coronavirus known as BA.2 is now dominant worldwide, prompting surges in many countries in Europe and Asia and raising concern over the potential for a new wave in the United States. Below is a summary of what is known about BA.2.…

Daily Mirror

Woman's invisible illness from insect bite that leaves her exhausted and in pain

India Matthews has told how she was backpacking in south-east Asia when she was bitten by an insect in Thailand. After feeling unwell it took a year and half to learn what was wrong

Reuters

Omicron 'stealth' COVID variant BA.2 now dominant globally

The Independent UK

Tourism after Covid: Having Angkor Wat to yourself

Angkor Wat hasn’t been so empty since the early 1990s when the country was recovering from decades of civil war. This is great if you’re a tourist, but not so good if you rely on the industry, writes Richard C Paddock

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