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The Latest Breaking News from Asia

Saudi Arabia raises oil prices for Asia to record levels

Saudi Arabia raised oil prices for buyers in Asia to record levels, a sign the world’s largest exporter sees the region’s market remaining tight.

Bangkok Post

Does ASEAN Really Need an Official “Second Language”?

If Southeast Asia really needs to have official languages, choosing all the national languages of the ASEAN countries would be a prudent move.

The News Lens

China emphasizes ties with Southeast Asia in Cambodia meet

China’s Foreign Minister Wang Yi is stressing his country’s efforts to strengthen ties with Southeast Asian nations at a meeting with their foreign ministers, which comes as Beijing seeks to expand its influence in the region

The Independent UK

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Asian central banks deploy FX reserves to fight currency bears

Asia’s emerging economies are drawing on large foreign exchange reserves to help prop up their currencies rather than going all-out with interest-rate hikes.

Bangkok Post

Pelosi's Taiwan trip leaves Asian countries nervously awaiting China's response

From the Philippines to Singapore, countries are worried the status quo could turn from tension to conflict. Southeast Asia especially feels the strain of living in the shadow of U.S.-China rivalry.

WEKU

Saudi Arabia Submits Bid to Host 2029 Asian Winter Games in NEOM

The Saudi Olympic and Paralympic Committee officially submitted a letter of interest to the Olympic Council of Asia (OCA) to host the 10th Asian Winter Games (AWG) in TROJENA, NEOM’s global destination for mountain tourism. The letter included a brief of the Kingdom’s ambitious Vision 2030, which will support TROJENA…

Asharq Al-Awsat

China warns airlines to avoid ‘danger zones’ around Taiwan

China warned airlines operating in Asia to avoid flying in areas around Taiwan where it is conducting military exercises in response to U.S. House Speaker Nancy Pelosi’s visit to the island.

Tribune News Service

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As Pelosi leaves Taiwan, stability in Asia grows more precarious

TAIPEI, Taiwan — The expressions of mutual support and admiration were broadcast on live TV and went off without a hitch.

Los Angeles Times

Suez Canal Records All-time Highest Monthly Revenue

Egypt’s Suez Canal revenue reached $704 million in July, Canal Authority Chairman Osama Rabea said on Tuesday. The figure represents a 32.4% increase from the same month last year, when the canal only recorded $531.8 million. The canal is the fastest shipping route between Europe and Asia and one of…

Asharq Al-Awsat

Nancy Pelosi in Taiwan: calls for calm in Asia as US-China tensions rise

South Korea calls for dialogue and Japan conveys concerns over drills, while North Korea praises China

The Guardian - UK

Nancy Pelosi visit: China warns airlines to avoid ‘danger zones’ around Taiwan

BEIJING: China warned airlines operating in Asia to avoid flying in areas around Taiwan where it is conducting military exercises in response to US House Speaker Nancy Pelosi’s visit to the island.

The Times of India

Zipmex allowing some altcoin withdrawals

Asia crypto exchange Zipmex Pte plans to allow users to withdraw some tokens from their trading accounts.

Bangkok Post

China military operations 'concerning' says Japan gov't spokesperson

Japan called China's military exercises in response to U.S. House Speaker Nancy Pelosi's visit to Taiwan 'concerning' on Wednesday, but refrained from commenting on Pelosi's visit to Asia.

Reuters

TAP Group launches 'Heineken Silver'

Boosted by an improvement in domestic beer consumption in the first half, Thai Asia Pacific Brewery Group (TAP), the marketer of Dutch beer brand Heineken, has rolled out a new beer product for the first time since Heineken entered the Thai market 27 years ago.

Bangkok Post

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Benzinga

Fyllo Expands Presence In Asia Pacific With Appointment Of Robert Woolfrey As Managing Director

Fyllo, a platform providing data-driven marketing and regulatory solutions to drive new growth, recently announced the appointment of Robert Woolfrey as managing director for the Asia Pacific (APAC). Woolfrey will open and lead the company’s business in the region and report to Jeff Ragovin, Fyllo’s chief comme

Manchester Evening News

Newlywed couple missed out on £5k honeymoon due to 'airport errors'

Soumaya Elliot and husband Justin planned to go on an extravagant trip around Asia but were halted by issues at the airport

Wales Online

'We had to cancel our dream £5k honeymoon after airport errors made us miss our flights'

Soumaya Elliott, 30, and husband Justin, 33, splashed out on a four-week trip to Asia

The Independent UK

Tensions rise across Asia as Pelosi poised for Taiwan visit and Russia calls trip a ‘provocation’

Reports say Ms Pelosi will visit Taiwan on Tuesday night

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The Independent UK

Myanmar violence, Ukraine war loom over ASEAN meetings

Southeast Asian foreign ministers are gathering in the Cambodian capital for meetings addressing violence in Myanmar and other issues

The Independent UK

World one step from `nuclear annihilation,' UN chief warns

U.N. Secretary-General Antonio Guterres is sounding the alarm over the war in Ukraine, nuclear threats in Asia and the Middle East, and other tensions

Benzinga

Alibaba, JD, Nio Fall In Hong Kong As Nancy Pelosi's Taiwan Plan Keeps Markets On Edge

Hong Kong’s benchmark Hang Seng Index opened in the red, losing over 2.5% in opening trade, following the trend in broader Asian markets after reports emerged that U.S. House Speaker Nancy Pelosi was to arrive in Taiwan on Tuesday. China has issued a strongly worded statement saying it will take…

The Conversation

New research reveals that wildfires can influence El Niño

Wildfire is a phenomenon that has affected pretty much every vegetated environment on Earth for millions of years. However, during the past few decades, the planet has been experiencing extraordinary wildfire activity, with widespread devastation in diverse places such as the Mediterranean, North and South America, Southeast Asia, Australia and…

The Independent UK

US sanctions UAE, Hong Kong firms that ship Iranian oil

The U.S. has sanctioned a United Arab Emirates-based firm and several Asian companies for facilitating the illicit sale of millions of dollars’ worth of Iranian oil for shipment to East Asia

The Guardian - US

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’

Bangkok Post

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.

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