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The Latest Breaking News from Asia

ASPS advocates increasing investment in Vietnam

Asia Plus Securities (ASPS) recommends increasing investment in Vietnam, citing the country's high growth prospects based on its ample local workforce, low minimum wage and steadily rising per capita income.

Bangkok Post

Putin says Russia should pivot energy exports to Asia

Vladimir Putin says Europe is unable to immediately replace Russian energy supplies.

Al Jazeera

Worldwide COVID cases surpass 500 million as Omicron variant BA.2 surges

Global COVID-19 cases surpassed 500 million on Thursday, according to a Reuters tally, as the highly contagious BA.2 sub-variant of Omicron surges in many countries in Europe and Asia.

Reuters

From analysis to the latest developments in health,
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Joyce says airport funding locked into budget

Airport executives will head to Singapore next month to try to secure their first Asian destination.

Newcastle Herald

City, Sydney set for unique ACL test

Preview of the Asian Champions League campaigns for Sydney FC and Melbourne City, who kick off their campaigns in Vietnam and Thailand respectively.

AAP

Thailand lags SE Asia peers in tourism recovery

Two years after tourism in Southeast Asia ground to a halt, travellers are getting back on planes as entry and Covid-19 quarantine rules are lifted in the region, but a full recovery will be slow and some long-time hotspots like Thailand are falling out of favour.

Bangkok Post

Indonesian political parties build close relations with China despite their anti-communist ideology

Southeast Asia’s largest economy Indonesia has been increasingly intimate in various sectors with the world’s second-largest economy, China.

The Conversation

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Less rice for same price: inflation bites Asia

Profits at Ma Hong's spicy hotpot restaurant have been squeezed by about a fifth since he opened in downtown Beijing last year, crushed by beef tripe prices that have shot up by more than 50% and the surging costs of other key ingredients.

Bangkok Post

Japan, Italy to lift defense ties amid China, Russia worries

Japanese Defense Minister Nobuo Kishi says he and his Italian counterpart agreed to step up military cooperation as Japan expands security ties with Europe amid concern about Russia’s invasion of Ukraine and its impact on Asia

The Independent UK

South Korea’s bakeries, restaurants feel ripples of Ukraine war

Small businesses in Asia’s fourth-largest economy are grappling with surging prices of flour and cooking oil.

Al Jazeera

What Do We Know About 'Stealth Omicron' So Far?

What do we know about "stealth omicron" so far? It's an extra-contagious version of the omicron variant, but it doesn’t seem to cause more severe disease. Since it was first identified in November, BA.2 has been spreading around the globe, driving new surges in parts of Asia and Europe. It's…

Asharq Al-Awsat

Just Nuts: Rescuers Save 32 Baby Squirrels From Traffickers

The rescue of the Caucasian squirrels took place in the city of Sardasht.

Zenger

Where Sri Lanka’s inflation-driven crisis could head next

COLOMBO: Sri Lankan President Gotabaya Rajapaksa is under pressure to step down as citizens hit the streets daily to demand accountability for decisions that have led to Asia’s fastest inflation, widespread power outages and shortages of food and fuel.

The Times of India

Challenges for Asean

Over two years after the coronavirus emerged, countries across Asia are slowly beginning to recover. In Southeast Asia, economic growth is projected to pick up to 5.1% this year, from 3.2% in 2021. With 400 million people, or 59% of the population, fully vaccinated, many economies are well on the…

Bangkok Post

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The Conversation

The discovery of two giant dinosaur species solves the mystery of missing apex predators in North America and Asia

The top predator of the Jurassic and Cretaceous landscapes was usually a species of meat-eating dinosaur. These predators walked on two legs, had powerful jaws lined with sharp teeth and included species from groups known as tyrannosaurs, spinosaurs and carcharodontosaurs.

Bangkok Post

Teen golfer Ratchanon breaks record with win at inaugural Asian Mixed Cup

Thailand's teenage sensation Ratchanon Chantananuwat cinched an unprecedented victory at the inaugural Asian Mixed Cup Sunday, becoming the youngest-ever winner of one of golf's major Tours.

Tribune News Service

Imran Khan ousted as Pakistan leader, paving way for power shift

Pakistan lawmakers ousted former cricket star Imran Khan as prime minister in a no-confidence vote, ending his four-year run as leader after he clashed with the country’s powerful military and Asia’s second-fastest inflation eroded support.

Reuters

U.S. to send officials to Solomon Islands due to tensions over China security pact - FT

The White House’s top Asia official is set to travel to the Solomon Islands in a rare high-level visit that underscores alarm in Washington over the Pacific nation’s security pact with China, the Financial Times reported on Friday.

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Benzinga

TSMC Scores In Q1 Thanks To Apple, Samsung

Taiwan Semiconductor Manufacturing Co Ltd's (NYSE:TSM) first-quarter FY22 revenue jumped 36% to NT$491.1 billion ($17 billion). Higher demand for smartphones, computers, and car chips and the ongoing semiconductor crisis helped boost prices, Bloomberg reports. TSMC kept production running in China, even as many other factories struggled to cope with the local pandemic policy. Also…

Benzinga

US Sanctions Russian State-Controlled Diamond Miner That Controls 30% Of Global Supply: Bloomberg

The U.S. Treasury has extended sanctions to Russian diamond miner Alrosa PJSC, potentially cutting off about 30% of the world’s supply of rough stones, writes Bloomberg. According to a license from the U.S. Office of Foreign Assets Control, clients of Alrosa and other counterparties must stop all dealings with the miner by…

Tribune News Service

China rips Pelosi over reported Taiwan trip, setting up showdown

China lashed out at House Speaker Nancy Pelosi for reportedly planning a landmark trip to Taiwan that’s been delayed because she has COVID-19, setting up a showdown when her visit to Asia is rescheduled.

The Independent UK

AP Week in Pictures: Asia

April 1-7, 2022

Benzinga

Karat Packaging Forms JV To Build New Factory In Taiwan

Karat Packaging Inc (NASDAQ:KRT) has entered a definitive joint venture agreement with Happiness Moon Co. Ltd. to establish a new corporation, Green Earth Technology, to build a new 180,000 square-foot factory in Taiwan. Karat will hold a 49% interest in Green Earth, with an initial investment of ~$6 million. The new facility will…

Los Angeles Times

Asian Americans are having ‘the talk’ about racism for the first time — with their parents

LOS ANGELES — Becky Chen decided it was finally time to talk to her mother about racism.

The Guardian - UK

Look back in bhangra: Panjabi MC on becoming a pop icon

His Knight Rider-sampling dancefloor banger put dhol drums into hip-hop and Asian beats on the BBC. Now 49, the star takes us back to ‘his own little lab’ in Coventry

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