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The Latest Breaking News from Asia

Biden to highlight U.S. chip production — in South Korea

President Joe Biden will open his trip to Asia with a focus on the U.S. tech sector

The Independent UK

China becomes wild card in Sri Lanka's debt crisis

China says its initiative to build ports and other infrastructure across Asia and Africa, paid for with Chinese loans, will boost trade

The Independent UK

Biden in Asia: New friends, old tensions, storms at home

President Joe Biden hopes to use his visit to Asia to confirm his belief that long-standing friendships can afford to become even friendlier — and pay dividends

The Independent UK

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AP Week in Pictures: Asia

May 13-19, 2022

The Independent UK

First stop Samsung: Biden touts S.Korean role in securing global supply chains

Joe Biden's first stop on his inaugural trip to Asia as U.S. president on Friday was a massive Samsung Electronics semiconductor plant, underscoring a message of economic security with an eye on China and the war in Ukraine.

Reuters

White House says North Korea planning nuclear or ICBM test around Biden visit

US intelligence estimates Kim Jong-un will display latest arms technology as Biden visits region

The Independent UK

Nomura Forays Into Metaverse To Tap Opportunities That Could Reach $600B By End Of Decade

Japan's leading brokerage Nomura Holdings Inc (NYSE:NMR), built a team to help firms tap opportunities in the metaverse, Bloomberg reports. Nomura joins rival Wall Street giants in exploring opportunities in the virtual reality market that could reach $600 billion by the end of the decade, Bloomberg wrote. Nomura's plans for the metaverse are…

Benzinga

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East Timor celebrates independence anniversary, new leader

Former East Timor independence fighter and Nobel Peace Prize laureate Jose Ramos-Horta is being sworn in as president of Asia’s youngest country as it marks its 20th anniversary of independence

The Independent UK

How the war in Ukraine is challenging the long-sought pivot to Asia

President Biden is traveling to Japan and South Korea this week — his first trip to Asia since taking office. Like presidents before him, he's seeking to reorient U.S. foreign policy toward Asia.

WEKU

Philippines raises rate for first time since 2018

The Philippine central bank raised its key interest rate for the first time since 2018 to combat Southeast Asia’s second-fastest inflation.

Bangkok Post

Asian shares track Wall Street's inflation-fueled retreat

Shares are sharply lower in Asia after a broad retreat on Wall Street

The Independent UK

Biden has an eye on China as he heads to South Korea, Japan

President Joe Biden's six-day trip to South Korea and Japan aims to build rapport with the Asian nations’ leaders

The Independent UK

Biden visits Japan, South Korea carrying warning to China

Joe Biden will visit Japan and South Korea on his first Asian trip as U.S. president, carrying a clear message to China, advisers and analysts say - don't try what Russia did in Ukraine anywhere in Asia, and especially not in Taiwan.

Reuters

Stocks set to sink as bonds jump on growth fears: Markets wrap

A slump in stocks is set to continue in Asia on Thursday after mounting fears of an economic downturn hit US shares and spurred a flight to havens including Treasuries and the dollar.

Tribune News Service

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WEKU

Happy is an Asian elephant. But can she also be considered a person?

Through an attorney, the Bronx Zoo argues Happy is neither illegally imprisoned nor a person, but a well-cared-for elephant "respected as the magnificent creature she is."

Al Jazeera

Biden visit to test South Korean leader’s tough talk on China

South Korean President Yoon Suk-yeol faces tricky balancing act between US alliance and trade relations with China.

Chicago Sun-Times

Can an elephant also be considered a person? That’s what New York’s high court is being asked.

A ruling could be months away in the case involving Happy, an Asian elephant at the Bronx Zoo, that an animal rights group wants moved to a more spacious sanctuary.

Bangkok Post

Global food trade show set for next week

The Department of International Trade Promotion (DITP) along with the Thai Chamber of Commerce and Koelnmesse (KM) Germany have organised THAIFEX-ANUGA ASIA, the continent's most comprehensive international food and beverage trade show, with both a physical and virtual format next week.

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Asharq Al-Awsat

Biden Adviser Sullivan and China’s Yang Discuss Regional Security

President Joe Biden's national security adviser Jake Sullivan spoke by phone on Wednesday with China's top diplomat Yang Jiechi, a call focused on regional security issues and nonproliferation, the White House said. Biden will visit Asia from May 20 to 24, including South Korea and Japan, a trip aimed at…

The Independent UK

Biden's burdens grow: Sagging global economy adds to US woes

President Joe Biden embarks for Asia on Thursday facing a new risk for the economy at home: a global economic slowdown caused by Russia’s invasion of Ukraine and the pandemic shutting down Chinese cities and factories

The Times of India

Gautam Adani, Mukesh Ambani reap windfall from surging oil, coal

NEW DELHI: Gautam Adani and Mukesh Ambani are profiting from a surge in global commodity prices triggered by Russia’s invasion of Ukraine, burnishing their fossil-fuel credentials even as Asia’s richest men publicly push their pivots toward greener energy.

The Independent UK

Happy is an Asian elephant. But is she also a person?

She has four limbs, expressive eyes and likes to stroll through greenery in New York City

The Hindu

AHF not worried about Olympic qualifications

The Asian body is prepared to hold an independent qualifying event if Asian Games are not held by September 2023

The Conversation

Herbicides threaten edible weeds in Zambia -- that may be bad news for local food security

The use of herbicides – substances that control unwanted plants – is on the rise across Africa. This trend has been referred to by some researchers as the “herbicide revolution”. This trend is driven by cheap herbicides flooding into the continent from Asia and global agrochemical companies discovering Africa’s emerging…

The Times of India

AHF to conduct Olympic qualifiers independently if Asiad not held by September 2023

NEW DELHI: The Asian Hockey Federation (AHF) on Wednesday said it will conduct the Olympic qualifiers independently if the postponed Hangzhou Asian Games is not held by September next year.

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