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The Latest Breaking News from Asia

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.

The Times of India

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…

Asharq Al-Awsat

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

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AP Week in Pictures: Asia

May 20-26, 2022

The Independent UK

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.

Bangkok Post

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

The Independent UK

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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

Chronicle Live

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.

The Times of India

Read How Guess? Fared In Q1

Guess? Inc (NYSE:GES) reported first-quarter FY23 sales growth of 14% year-on-year, to $593.5 million, beating the consensus of $584.39 million. Revenues from Americas Retail increased 7%, Americas Wholesale gained 50%, Europe climbed 14%, and Asia rose 1%. Licensing revenues increased 23%. The gross profit increased 16.8% Y/Y to $247.1 million with a margin…

Benzinga

Food crisis can be contained if Asia remembers not to panic: expert

The world’s food problem is already severe as prices jump and protectionism flares, but a food security expert says there is a good chance governments can stop it from getting way worse if they heed a lesson from the crisis in 2008: do not panic.

Bangkok Post

India outperforms as visitor forecasts receive upgrades

The forecast for Asia-Pacific tourism has been upgraded thanks to further easing of travel restrictions after an improvement in the viral situation and vaccine coverage across destinations, according to the Pacific Asia Travel Association (Pata).

Bangkok Post

New Zealand’s Ardern urges US to return to regional trade pact

Remarks are latest signal by an Asia-Pacific leader that US President Biden’s engagement with region is falling short.

Al Jazeera

Finlandisation: Asia plays the neutrality card

'Finlandisation" describes the commitment to strategic neutrality that a small country might make, in order to avoid provoking a much larger and more powerful neighbour. The term is derived from Finland's longstanding policy of strict military non-alignment with either the Soviet Union or the West -- a policy that it…

Bangkok Post

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Benzinga

Japan Flags 'Grave Concerns' As Russia, China Jets Fly Near Tokyo Amid Quad Meeting

Russian and Chinese jets flew near Tokyo as leaders from the U.S., India, Japan, and Australia met for the Quad bloc summit in Asia.

Reuters

Beijing says U.S.-backed Asia plan seeks to 'decouple' countries from China

China's foreign ministry said on Wednesday a U.S.-backed economic plan for Asia seeks to decouple countries from the Chinese economy, but many countries are worried about the "huge cost" of doing so.

Asharq Al-Awsat

N. Korea Fires Salvo of Missiles, Including ICBM, Hours after Biden Leaves Asia

North Korea fired three missiles, including one thought to be its largest intercontinental ballistic missile on Wednesday, after US President Joe Biden ended an Asia trip in which he agreed to new measures to deter the nuclear-armed state. South Korea's deputy national security advisor, Kim Tae-hyo, said that the North…

Evening Standard

North Korea fires missiles hours after Joe Biden leaves Asia

Biden - who left Japan on Tuesday evening - had been briefed on the launches, the White House said

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WEKU

North Korea launches three missiles into the sea, including suspected ICBM

North Korea launched three ballistic missiles toward the sea on Wednesday, its neighbors said, hours after President Joe Biden wrapped up his trip to Asia.

ABC News

How will the Labor government shape foreign policy on China?

After years of disputes, we explore whether the change in government will thaw the deep freeze between Australia and China, and how Labor's approach could impact relationships across the Asia-Pacific region.

Benzinga

Kim Jong-Un Fires Up Intercontinental Ballistic Missile As Biden Wraps Up Asia Visit

COVID-19-wrecked North Korea fired three ballistic missiles early Wednesday morning as U.S. President Joe Biden wrapped up his Asia visit, according to its neighbor.

Bangkok Post

North Korea fires three ballistic missiles - Seoul military

SEOUL: North Korea fired three ballistic missiles towards the Sea of Japan early on Wednesday, Seoul's military said, just one day after President Joe Biden wrapped up his first Asia visit as US leader.

The Independent UK

Biden to address nation following Texas school shooting

President Joe Biden was set to address the nation Tuesday night shortly after returning to the White House from a five-day trip to Asia that was bookended by “horrific” mass tragedy

Input

Sony is stiffing PlayStation Plus users with surprise upgrade fees

Sony's new PS Plus has launched in Asia, and users who stacked years using a discount now have to pay for their entire interval at once to use it.

Inverse

New PS Plus rollout is already a convoluted disaster in Asia

Sony launched its new PlayStation Plus plans in Asia, and players aren't happy. Here's how the bungled launch is the latest sign Xbox Game Pass shouldn't worry.

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