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The Latest Breaking News from Asia

India-UAE energy push offers relief, but global risks still loom: Arnab Das

India's energy security is under scrutiny amid West Asian geopolitical tensions. Recent UAE engagements offer partial relief for external finances, but complex global realignments and resource competition persist. Experts highlight India's progress but emphasize the need for further advancements in strategic resources and technology.

The Economic Times

Iran war saddles global companies with $25 billion bill and counting

Global companies face significant financial strain due to the U.S.-Israeli war with Iran. Businesses are grappling with escalating oil prices and disrupted supply chains. This conflict has already cost businesses billions, with more impacts expected. Airlines and automakers are among those warning of profit reductions. The situation is affecting industries…

The Economic Times

Rupee hits record low of 96.18 vs USD as rising yields add to oil shock

The Indian rupee hit a new all-time low against the dollar on Monday, plummeting to 96.18. Soaring global bond yields, fueled by elevated energy prices from the Iran war, have weakened investor confidence. This marks the rupee's fifth consecutive session of record lows, making it Asia's worst-performing currency this year.

The Economic Times

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Global Market Today: Asian shares slip, oil prices pile pressure on bonds

Asian markets declined Monday. Drone attacks in the Gulf boosted oil prices and bond yields. Investors anticipate Nvidia's earnings report this week, which could impact the AI boom. G7 finance ministers are meeting to discuss the Strait of Hormuz and raw material supplies. High energy costs are driving inflation concerns…

The Economic Times

North America, NE Asia, Latin America account for over 35 pc of India's exports in FY26

India's exports reached USD 441.78 billion in 2025-26. North America, North-East Asia, and Latin America together accounted for over 35 percent. Exports grew significantly in Asia, Africa, and Latin America. North-East Asia saw a surge of 21.6 percent. Indian exporters penetrated 1,821 new principal commodity products. Advanced engineering and industrial…

The Economic Times

‘It’s no longer exceptional’: Karachi struggles under brutal new reality of extreme heat

Experts say the unseasonably hot weather across south Asia shows the impact of the climate crisis

The Guardian - UK

Europe lacks everything needed to make its stock market a winner

European stocks have lost their momentum as investors shift focus from cheaper regional equities to the AI boom and seek refuge from a global energy shock. Europe's economic vulnerability to inflation and supply chain disruptions, coupled with a lack of AI-centric companies, has led to a significant underperformance compared to…

The Economic Times

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Vishay Intertechnology Q1 Earnings Call Highlights

Vishay Intertechnology (NYSE:VSH) reported first-quarter 2026 revenue above its guidance range and said broad-based demand improvements, stronger bookings and capacity investments under its Vishay 3.0 strategy are positioning the company for faster growth as markets recover. President and Chief Exe

MarketBeat

‘I couldn’t believe we weren’t falling over ourselves for it’: Asia-Pacific art finally conquers Britain

Britain seems to finally have an eye for art from the Asia-Pacific, with several big recent exhibitions, including the new Rising Voices show at the V&A. Why did it take so long?

The Guardian - AU

Women's rights and demographics take centre stage at regional forum in Bukhara

Regional leaders and UN officials gathered in Bukhara to discuss how investing in women and demographic planning could shape long-term development across Asia.

Euronews

Europe dominates new ranking of the world’s best walking cities for 2026

Rome, Madrid and Budapest are among the European hotspots leading a new global ranking of the best cities to explore on foot, while destinations across Asia and Latin America rapidly climb the list.

Euronews

Bloodbath on K-Street! South Korea's Kospi crashes 6% after world-beating rally to 8,000

South Korea’s Kospi saw a violent reversal after briefly topping 8,000, crashing over 6% as tech stocks plunged and foreign investors dumped shares. Samsung Electronics’ steep fall amid an 18-day strike call intensified the rout, wiping out much of the index’s world-beating 2026 gains and dragging broader Asian markets lower.

The Economic Times

Manulife Financial Q1 Earnings Call Highlights

Manulife Financial (NYSE:MFC) reported what executives described as solid first-quarter 2026 results, with growth in insurance sales and earnings in Asia helping offset pressure in Global Wealth and Asset Management and unfavorable insurance experience in Canada. President and Chief Executive Offic

MarketBeat

Iran war energy shock drives India's interest in ethanol and other biofuels

India and Southeast Asian nations are boosting biofuel use amid global fuel disruptions. This move aims to reduce reliance on imported oil and manage rising costs. However, challenges remain in developing supply chains and ensuring vehicle compatibility. Experts also highlight environmental concerns related to crop-based biofuel production. The shift towards…

The Economic Times

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The Independent UK

Iran war energy shock drives interest in ethanol and other biofuels across hard-hit Asia

Nations across Asia are pushing for the use of more biofuels in transportation in order to slash dependence on imported fossil fuels, which have been disrupted by the Iran war

The Economic Times

Global Market Today: Asian stocks rise after AI rally spurs US gauges

Asian stocks climbed, mirroring Wall Street's record highs driven by the AI trade and robust US consumer resilience. Japan, South Korea, and Australia saw gains, with the MSCI Asia Pacific Index on track for its sixth weekly rise. Nvidia's rally fueled US trading, while Brent crude edged higher and the…

MarketBeat

DLocal Q1 Earnings Call Highlights

DLocal (NASDAQ:DLO) reported another quarter of rapid payment volume growth, with management pointing to broad-based merchant expansion across emerging markets while also addressing higher operating expenses and a one-time tax adjustment that weighed on reported earnings. On the company’s first-qua

Euronews

Erdoğan visits Astana as Turkey and Central Asia deepen ties amid shifting regional order

Turkey and Kazakhstan signed a friendship and strategic partnership declaration in Astana, targeting €13 billion in trade.

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The Guardian - US

US reportedly dropped fraud charges against Indian billionaire after he hired Trump’s lawyer

Gautam Adani, richest man in Asia, was accused of conspiring to pay $250m in bribes to Indian government officials

The Conversation

This year’s Venice Biennale marks a major shift in European cultural politics

I was texting a museum director friend in Asia recently. We were discussing whether a trip to this year’s “artworld Olympics”, the Venice Biennale, justified the carbon release.

The Mary Sue

The US-Israeli war on Iran just turned Japan’s snack shelves into a graveyard of black-and-white bags, and the crisis is far from over

The U.S.–Israeli war on Iran just turned Japan’s snack shelves into a ghost town of black-and-white bags, and the crisis is showing no signs of slowing down. Bright colors are gone, replaced by stark monochrome designs. The reason? A critical ink shortage caused by the war’s chokehold on global oil…

The Economic Times

A massive DNA discovery just rewrote everything we thought we knew about the Japanese people

A major genetic analysis of over 3,200 Japanese individuals reveals a more complex ancestry than previously thought, suggesting a third ancestral group tied to northeastern Asia. The study also highlights greater genetic diversity within Japan than assumed, with distinct regional variations. This research could pave the way for more personalized…

TechRadar

Southeast Asia’s AI boom has a power problem — and it’s being underestimated

Southeast Asia’s AI surge is accelerating but power constraints may define its limits.

The Independent UK

Humans were riding horses 1,000 years earlier than previously thought, new study finds

Mass migration of people across Eurasia around 5,000 years ago could have been driven by advent of horsemanship, researchers say

TechRadar

Europe wants to dodge troublesome regions by building undersea cables beneath the Arctic

The EU wants to avoid regions of instability by putting the internet under the Arctic.

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