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The Latest Breaking News from Asia

Asian shares mixed after stocks retreat on Wall Street

Shares are mixed in Asia after a wobbly day on Wall Street closed out a month buffeted by worries about a possible recession, inflation and rising interest rates

The Independent UK

Global factory growth stunted by war, China's COVID curbs

Global growth in factory activity slowed in May as China's strict coronavirus curbs and Russia's invasion of Ukraine disrupted supply chains and dampened demand, adding to woes for businesses already struggling with surging raw material prices.

Reuters

Go City launches tourist pass in Bangkok

With a revival of tourism in Thailand and Asia-Pacific in sight, Go City, the world's largest multi-attraction pass provider, is expanding its footprint in the region, including Bangkok, to boost travel operators.

Bangkok Post

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The middle path for India in the new world disorder

The arena of the looming U.S.-China great power contest is Asia. Instead of aligning with any bloc, India should aim to create new pillars of the global order through engagement and partnership with middle powers

The Hindu

How Japan, U.S. will lead amid global disarray / Tokyo helps connect democracies amid threat to international order

Prime Minister Fumio Kishida has wrapped up a busy few days for Japanese diplomacy. Kishida met with U.S. President Joe Biden, who was on an official trip to Asia, and hosted a Quad summit with Biden and the leaders of Australia and India. These meetings came as the international order…

The Japan News/Yomiuri

1 billion pills: The number of seized drugs reaches ominous record in Asia

A U.N. official calls for new policies across East Asia to halt the soaring production of methamphetamines.

WEKU

Asia's synthetic drug trade booms, with record meth seizures

Trafficking of synthetic drugs in East and Southeast Asia continued to expand last year, with more than one billion methamphetamine tablets seized by authorities, the United Nations said on Monday.

Reuters

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Analysis-How the Ukraine conflict is reshaping global oil markets

Russia's invasion of Ukraine has reconfigured the global oil market, with African suppliers stepping in to meet European demand and Moscow, stung by Western sanctions, increasingly tapping risky ship-to-ship transfers to get its crude to Asia.

Reuters

1B meth pills: East, SE Asia drug industry hits ominous peak

The number of methamphetamine tablets seized in East and Southeast Asia exceeded a billion last year, highlighting the scale of illegal drug production and trafficking in the region

The Independent UK

Negative views of Russia mainly limited to western liberal democracies, poll shows

Annual global survey of attitudes to democracy finds many countries maintain positive views of Russia

The Guardian - UK

Biden needs to do better in Asia

When Joe Biden arrived in Asia last week for the first visit to the region of his presidency, he aimed to pick up where his predecessor left off. Landing in South Korea on May 20 as events in North Korea and the Ukraine crisis loomed large, Mr Biden then travelled…

Bangkok Post

F1 won't lose Europe race focus amid Africa and Asia calendar plans

Formula 1 will not turn its back on Europe despite a fresh push to expand the calendar in Africa and Asia, says the championship’s CEO Stefano Domenicali.

Motorsport

Mangroves are disappearing – we read 200 scientific papers to find out why

Mangrove forests look much like the coastal cousins of inland forests, but you cannot miss their tangled prop roots that help them thrive in harsh coastal environments where the tide flows in and out and there is little oxygen in the soil. They cover much of the tropical and sub-tropical…

The Conversation

Japan Considers Legalizing Medical Marijuana, Criminalizing Recreational Use

Could Japan be the next country in Asia to embrace medical marijuana? It's looking that way.

Benzinga

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The Japan News/Yomiuri

How Japan, U.S. will lead amid global disarray / Defense budget boost becomes Kishida's 'international pledge'

The News Lens

As Biden Leaves Asia, North Korea Launches ICBM, Other Missiles

North Korea test-fired three ballistic missiles, including what appeared to be an intercontinental ballistic missile, hours after U.S. President left South Korea.

The Times of India

More Russian oil than ever before is heading for India, China

NEW DELHI: A record volume of Russian oil is on board tankers, with unprecedented amounts heading to India and China as other nations restrict imports because of the war in Ukraine.

Asharq Al-Awsat

Bejjani: Digital Investments Boosted Majid Al Futtaim's Resilience During the Pandemic

Digital investments have boosted Majid Al Futtaim's resilience during the COVID-19 pandemic and accelerated its recovery, announced CEO Alain Bejjani. Majid Al Futtaim is the leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa, and Asia. In an interview with Asharq Al-Awsat on the sidelines of…

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The Independent UK

Asian shares' rise broadly cheered by US earnings, rally

Asian shares are gaining as investors cheered a strong set of earnings from retailers that sent U.S. shares higher

The Independent UK

AP Week in Pictures: Asia

May 20-26, 2022

Bangkok Post

Innobic, Aztiq aim to take Thailand’s life sciences sector to the next level

Innobic (Asia) Co., Ltd., a wholly-owned subsidiary and life science arm of the national oil and gas conglomerate PTT, together with Aztiq HK Ltd., is acting on its promise to uplift Thailand’s life science business by completing a deal to buy out Alvogen Emerging Markets Holdings Ltd. (AEMH), raising Innobic’s…

Bangkok Post

EV dream may hinge on Japan

Thailand can become the world's largest electric vehicle production hub with the support of Japan, Prime Minister Prayut Chan-o-cha told the 27th International Conference on the Future of Asia organised by Nikkei Inc, also known as the Nikkei Forum, in Tokyo on Thursday.

The Independent UK

Thai leader: Asia is gaining strategic, economic importance

Thai Prime Minister Prayuth Chan-ocha says a new U.S.-backed economic pact is further proof of how important and relevant Asia is today

Chronicle Live

Bruno Guimaraes' pre-season rest must wait as Newcastle star jets off with Lucas Paqueta

Bruno Guimaraes and Lucas Paqueta have flown to Asia after enjoying a kickabout in Newcastle earlier this month

The Times of India

Gautam Adani’s food venture is best performing Asia IPO

NEW DELHI: Adani Wilmar is an outlier among Asia’s newly listed stocks. The food company has almost tripled since its debut while most newcomers are trading under water.

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