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The Latest Breaking News from Asia

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’

The Guardian - US

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.

Bangkok Post

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.

Zenger

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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

Evening Standard

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…

Asharq Al-Awsat

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.

Reuters

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 Independent UK

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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.

The Times of India

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.

ABC News

Bringing Eurasia closer

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

The Hindu

Taiwan left off Nancy Pelosi's public Asia itinerary amid warnings

President Joe Biden and military officials have warned against traveling to the island nation.

Axios

Pelosi confirmed details of her trip to Asia, but did not say if she'll visit Taiwan

The speaker of the House will stop in four Asian countries this week, but made no mention of a possible stop in Taiwan. Rumors she might visit the island democracy has fueled tension with China.

WEKU

Nancy Pelosi’s itinerary for Asia visit released – and there’s no mention of Taiwan

President Joe Biden has said the House speaker’s potential Taiwan visit might not be a ‘good idea’

The Independent UK

Nancy Pelosi begins Asia trip but does not mention Taiwan

Reports that House speaker could visit Taiwan have riled China; analysts say she may yet do so in unofficial capacity

The Guardian - UK

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AAP

NSW trade trip to Asia hobbled by scandals

After spending time in Japan, South Korea and India, Premier Dominic Perrottet has returned to more scrutiny as two ministerial scandals roil his leadership

Tribune News Service

China holds live-fire drills near Taiwan as Pelosi heads to Asia

China held live-fire military drills in the Taiwan Strait on Saturday as U.S. House Speaker Nancy Pelosi prepared to arrive in Asia.

Newslaundry

How can India leverage Shanghai Cooperation Organisation to further its interests?

About a month and a half before the next Shanghai Cooperation Organisation summit in Samarkand, Uzbekistan, the work on finalising its agenda is picking up steam. Apart from being of interest as the high table of the world’s largest regional grouping by geographical size and population, the summit will be…

The Independent UK

White House: No need for tensions if Pelosi visits Taiwan

The White House says there’s no reason for China and the U.S. “to come to blows” should House Speaker Nancy Pelosi visit Taiwan during an Asia trip she is expected to make soon'

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The Hindu

At SCO, Jaishankar pushes for Chabahar port

No meetings announced with Chinese, Pakistan and Taliban Foreign Ministers

The Independent UK

Blinken off to Asia, Africa as Russia, China tensions rise

Secretary of State Antony Blinken is headed to Asia and Africa as the U.S. and rivals China and Russia intensify their battle for global influence

RideApart

Yamaha Introduces New Colorways For The MT-03 In The Asian Market

Yamaha has launched new colorways to the MT-03, in the Asian market. Most notably, a stealthy and sleek Dark Blast Edition enters the picture.

Bangkok Post

IMF downgrades Asia Pacific forecast

The International Monetary Fund (IMF) has lowered its growth forecast for the Asia Pacific region this year to 4.2% -- 0.7 percentage point lower than it expected in April, and well below the region’s 6.5% growth in 2021.

ABC News

NSW Premier says political dramas 'frustrating' but backs under fire ministers

Dominic Perrottet once again backs under-fire minister Stuart Ayres over the John Barilaro US job scandal, admitting events back home have overshadowed his trade tour of Asia.

Al Jazeera

Some Asia economies need rapid rate hikes to cool inflation: IMF

IMF director for Asia and Pacific says rapid increases needed to prevent “upward spiral” in inflation.

Al Jazeera

Russia gas cuts stoke Asia’s energy security fears

Analysts say disruptions to Nord Stream 1 pipeline could accelerate move away from liquified natural gas in the region.

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