Lex in depth: why the luxury market needs to hedge against China A shift in spending habits in Asia and a crackdown on wealth by Beijing threaten a profit squeeze for high-end brands Financial Times · May 8, 2022
Southeast Asia stock markets stand out as geopolitical heaven for investors Fed hikes, decades-high inflation and Covid lockdowns in China are only adding to investor bets that Southeast Asia’s stock markets may be one of the best places to park their money right now. Bangkok Post · May 8, 2022
From India’s highs to Thailand’s lows, Asia’s weather is hitting extremes Analysis: As the heatwave in India and Pakistan starts to intensify again, Thailand and China are recording strangely cold May days The Guardian - UK · May 7, 2022
Aaron Evans and Jacynta Galabadaarachchi find football success after moving abroad as teens, despite struggles Two-hundred Australians ply their trade in football leagues around the world. Many are not household names. And a few find success. ABC News · May 6, 2022
Tesla's India Team Shifts Focus To Wider APAC Region Amid Regulatory Woes Tesla Inc (NASDAQ: TSLA) may now be headed to the larger Asia-Pacific (APAC) market as it continues to face regulatory challenges in India, according to an Economic Times Benzinga · May 6, 2022
Cambodia hosts meeting on humanitarian assistance to Myanmar The Association of Southeast Asian Nations has convened a meeting in the Cambodian capital, Phnom Penh, in an effort to organize humanitarian assistance for strife-torn Myanmar The Independent UK · May 6, 2022
US set to boost civil society and media in Asia Pacific to counter China's influence The United States' foreign aid agency flags it will pump more resources into civil society and free media throughout Asia and the Pacific as it intensifies efforts to push back against China's influence across the globe. ABC News · May 6, 2022
Japan’s path to becoming a leader in Western science: an Asian perspective on science and other forms of knowledge Several well-intentioned efforts seek to incorporate mātauranga Māori (Māori knowledge) into science in New Zealand. These include a pilot National Certificate in Educational Achievement (NCEA) programme in biology and chemistry which places mātauranga Māori concepts on an equal footing with science. Other proposals aim to do the same for university… The Conversation · May 6, 2022
The Trouble With “the Free World” Why It’s a Bad Idea to Revive a Cold War Concept Foreign Affairs · May 6, 2022
Aptiv Q1 Earnings Top Estimates Aptiv PLC (NYSE:APTV) reported first-quarter FY22 sales growth of 4% year-on-year to $4.18 billion, beating the consensus of $4.04 billion. Revenue rose 4% adjusted for currency exchange and commodity movements. Revenue in North America rose 7%, South America increased 24%, Europe fell 5%, and Asia increased 9%, which includes growth of 14% in… Benzinga · May 5, 2022
Japanese premier warns of Ukraine-style invasion by ‘autocratic powers’ Kishida also promised increased reliance upon nuclear power for future energy independence The Guardian - UK · May 5, 2022
Ingredion Clocks 17% Top-Line Growth Amid Inflationary Pressures Ingredion Inc (NYSE:INGR) reported first-quarter FY22 sales growth of 17% year-on-year to $1.89 billion, beating the consensus of $1.77 billion. Sales in North America increased 24% Y/Y to $1.2 billion, South America fell 8% to $252 million, Asia-Pacific grew 16% to $272 million, and EMEA climbed 20% to $194 million. The gross profit… Benzinga · May 5, 2022
Jazz Pharma, Sumitomo Pharma Ink Licensing Pact For Sleeping Disorder Candidate Jazz Pharmaceuticals plc (NASDAQ:JAZZ) has acquired development and commercialization rights in the U.S., Europe, and other territories for Sumitomo Pharma's investigational DSP-0187. DSP-0187 is a potent, highly selective oral orexin-2 receptor agonist with potential application for treating narcolepsy, idiopathic hypersomnia, and other sleep disorders. Jazz has designated this molecule JZP441. Sumitomo Pharma initiated a Phase… Benzinga · May 5, 2022
The Independent UK · May 5, 2022 UK and Japan agree defence deal as Johnson warns of ‘autocratic powers’ threat Downing Street said the accord will allow the two countries’ forces to deploy together for training, joint exercises and disaster relief.
Wales Online · May 5, 2022 The little Swansea Asian restaurant that's miles better than Wagamama I checked out this little place you might have walked past several times and missed, called Muswanna - it may not have the queues attracted by Wagamama but it definitely deserves them!
Bangkok Post · May 5, 2022 Asian, European markets rise as US Fed eases fears of huge rate hike Markets rallied Thursday after the US Federal Reserve played down chances of a huge interest rate hike in the near future, while oil extended gains as the European Union moved to ban imports from Russia.
Al Jazeera · May 5, 2022 Asian shares rise as US Federal Reserve strikes less hawkish tone Rally comes after Fed Chair Jerome Powell says central bank not “actively considering” 0.75 percentage point increase.
Bangkok Post · May 5, 2022 Thai bonds may extend 10% losses as swaps price in rate hikes Thai bonds, the biggest loser among Southeast Asian peers, are set to extend their slump as rising inflationary pressures and the risk of a hawkish pivot by the so-far accommodative Bank of Thailand (BoT) weigh on the debt.
Bangkok Post · May 4, 2022 Asia falls in love with Thai Boys Love Buoyed by the openness of the LGBT community, Thailand's "Boys Love" (BL) movies and series have been well received in the local market and are considered promising export products that can draw lucrative revenue streams and foster business opportunities in other areas, including tourism.
Bangkok Post · May 4, 2022 Fund midwifery for a better world Midwives save lives. In the last 100 years, we have seen significant advancements and achievements in the age-old profession of bringing life into the world. Yet, in the Asia and the Pacific region alone, there is a staggering shortage of 200,000 midwives.
Benzinga · May 4, 2022 Oatly Group Reports Mixed Q1 Earnings; Reiterates FY22 Outlook Oatly Group AB (NASDAQ:OTLY) reported first-quarter FY22 sales growth of 18.6% year-on-year to $166.19 million, beating the consensus of $161.78 million. Revenue in the Americas jumped 40.3% Y/Y to $47 million, EMEA rose 10.9% to $90.5 million, and Asia grew 15.3% to $28.7 million. Gross margin contracted by 2,040 basis points to 9.5%,…
The Hindu · May 4, 2022 Pfizer opens global drug development centre on IIT-M Research Park campus This is the company’s first such facility in Asia
Benzinga · May 4, 2022 Tupperware Shares Plunge On Q1 Miss, Underperformance Across All Segments Tupperware Brands Corp (NYSE:TUP) reported a first-quarter FY22 sales decline of 16% year-on-year to $348.1 million, missing the consensus of $356.8 million. Net sales were down in all segments, with the decrease primarily driven by lower recruiting and overall sales force activity, due to the Russia/Ukraine conflict and lockdowns caused by the Omicron…
The Guardian - UK · May 4, 2022 ‘Extreme heat can be deadly:’ how cricket is handling the climate crisis A heatwave in southern Asia is prompting questions about the game’s future, a discussion which cricketers can help with their influence