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The Latest Breaking News from Asia

Whirlpool Shares Volatile Afterhours On Q1 Earnings Miss, Trimming FY22 Outlook

Whirlpool Corporation (NYSE:WHR) reported a first-quarter sales decline of 8.2% year-over-year to $4.92 billion, missing the consensus of $5.32 billion. Adjusted EPS was $5.31, missing the consensus of $5.36. Whirlpool states it recorded robust sales growth compared to pre-pandemic levels with healthy underlying consumer demand. Sales by region: North America $2.79 billon…

Benzinga

How a creditor revolt scuttled Mukesh Ambani’s $3.2 billion retail deal

NEW DELHI: The preferential treatment of bondholders riled banks enough to reject a $3.2 billion rescue deal from one of Asia’s richest men for a debt-laden unprofitable retail chain, according to people familiar with the matter.

The Times of India

Edinburgh’s top Chinese restaurant on TripAdvisor has a fascinating story to tell

This tiny restaurant has been hailed as a 'hidden gem' and a 'foodie paradise'. People rave about it for its unique take on Portuguese and Asian cuisine and it looks delicious!

Edinburgh Live

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Indian Energy Tycoon Just $3B Behind Warren Buffett On Global Rich List As Power Arm Hits Key Milestone

While the Indian stock market slid into the red on Monday with other Asian peers, the stocks of the listed Adani companies continued to defy the market and hit new milestones. In a recent surge, the power, and energy arm of the Adani conglomerate, the Adani Power, crossed INR 1…

Benzinga

How colonialism is a major cause of domestic abuse against women around the world

One in three women around the world will experience violence from an intimate partner at some point in their lifetime. That is a shocking figure. Even more shocking, though, is the fact that, in 23 countries – from the Americas and Africa to Asia and the Pacific – it is…

The Conversation

Hong Kong's Foreign Correspondents' Club suspends top Asian human rights awards

Hong Kong's Foreign Correspondents' Club (FCC) has suspended its annual Human Rights Press Awards so as not to "unintentionally" violate any laws, according to a statement from the club president on Monday.

Reuters

Thai hemp-cannabis industry can gain impetus

Leading expert body set up to turn Thailand into Asia’s hub

Bangkok Post

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Asean-US balancing act

The commitment of the United States to Southeast Asia since the end of the Vietnam War has been subject to a series of ebbs, flows and imbalances. History shows that it tends to wane whenever Washington is distracted by other global developments.

Bangkok Post

Expert calls to save most trafficked mammal on earth from extinction and end cruelty

Every five minutes, a pangolin, the only mammal on the planet to have scales, is poached in the wild for traditional Asian medicine

Daily Mirror

Luxury goods market on a high, despite conflict, pandemic

Global luxury brands have posted strong results for the first quarter of this year despite global hardships including the conflict in Ukraine, inflation and Covid restrictions in Asia. This comes on the back of an exceptional year in 2021.

Radio France Internationale

Stop calling Asians "robotic" please

Such disparaging references have existed since the 19th century, thanks to colonialism and military propaganda

Salon

Japan's foreign minister promises a stronger military in visit to US carrier

Japan's foreign minister promised his country would bolster its military to help the United States maintain regional security during a visit on Saturday to a U.S. aircraft carrier patrolling Asian waters.

Reuters

Asian shares decline after Fed chief's comments on inflation

Asian shares have mostly retreated, tracking losses on Wall Street after Federal Reserve Chair Jerome Powell indicated increases in interest rates must be faster to fight inflation

The Independent UK

AP Week in Pictures: Asia

April 15-21, 2022

The Independent UK

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Bangkok Post

Thirst traps

Bottoms up! Next week, on April 28 to be precise, Asia's 50 Best Bars 2022 awards will be announced in Bangkok and a few of the best bartenders in Asia will be pouring their specials all over town.

ABC News

China's bid for influence in Asia does not stop with Solomon Islands. This is how Beijing gained a foothold in Sri Lanka

While Australian and US officials express shock and disappointment over Beijing's deal with Solomon Islands, China has been making diplomatic and economic inroads across the region for years.

The Guardian - AU

Cristiano Ronaldo, Snoop Dogg and Asia’s glamour club – the second coming of Alistair Edwards

The former Perth Glory coach is almost a forgotten man in A-League circles but has flourished as technical director of Malaysian side JDT

Bangkok Post

Soaring costs threaten rice supplies

Soaring fertiliser costs have rice farmers across Asia scaling back their use, a move that threatens harvests of a staple that feeds half of humanity and could lead to a full-blown food crisis if prices are not curbed.

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The Independent UK

Asian shares mixed after tech-led rally on Wall Street

Stocks are mixed in Asia after a rally on Wall Street led by technology stocks

360info

Paving the way for a global malaria vaccine

Malaria impacts India more than anywhere else in southeast Asia, but relief could be on the way if the early promise of vaccines in development is fulfilled.

France 24

Unbearable hours, threats of being fired: the abuse of migrant interns in Japan

People across Japan have been shocked and outraged by a video showing a group of people beating a man from Vietnam who was working in the country under a scheme called the Technical Intern Training Program. This program grants visas to people from across Asia to work and gain technical…

Benzinga

Titanium Miner LB Group Seeks to Shine in Hong Kong IPO Raising up to $1.5 Billion

Key Takeaways: LB Group has filed for a Hong Kong IPO to raise up to $1.5 billion, aiming to consolidate its place as Asia’s leading producer of titanium dioxide pigments Listing would complement company’s existing Shenzhen A-shares, which look sharply undervalued compared with industry peers By Andrew Curran

Benzinga

Jack Ma's Alibaba Fintech To Grab Majority Ownership Of This Payments Platform

Jack Ma founded Alibaba Group Holding Ltd (NYSE:BABA) fintech affiliate, Ant Group, is set to become the majority investor in Singapore-based payments platform 2C2P as part of a partnership, Reuters reports. The deal will integrate Ant's Alipay+ payment service with 2C2P's platform used by merchants in Asia, Europe, the Middle East, and the Americas.…

Reuters

Factbox-East Timor, Asia's youngest nation, goes to the polls

East Timor, also known as Timor Leste, holds the second and final round of its presidential election on Tuesday, with frontrunner and Nobel laureate Jose Ramos-Horta running against incumbent leader Francisco "Lu Olo" Guterres.

Al Jazeera

Southeast Asia’s fishery workers overlooked in COVID relief: UN

ILO says migrant workers in the fishing industry are treated as ‘out of sight, out of mind’.

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