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The Latest Breaking News from Asia

China’s fears of an Indo-Pacific NATO are more myth than reality

China’s concern that the U.S. is seeking to build an “Indo-Pacific version of NATO” has one major problem: A previous effort failed in the 1970s, and most Asian countries haven’t been interested in trying again.

Tribune News Service

Sky Blues primed for continental challenge

Sydney FC are set to face familiar Asian opponents in Korean kings Jeonbuk and the Kevin Muscat-coached Yokohama F. Marinos in the Asian Champions League.

AAP

Huge invasive spiders native to Asia expected to spread along US east coast

Joro spiders will likely survive on the east coast because Japan has a similar climate and is located approximately on the same latitude

The Guardian - US

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Asian shares extend losses as oil prices push higher

Asian shares have declined after Wall Street logged its biggest drop in more than a year as markets were jolted by another surge in oil prices

The Independent UK

Russia’s Ukraine invasion a threat to world’s ‘breadbasket,’ some prices already surging

It’s threatening the food supply in Africa, Asia and Europe that rely on the vast, fertile farmlands of the Black Sea region and could send more people into poverty.

Chicago Sun-Times

‘We’re traumatised’: Black and Asian students stranded in Sumy with no green corridor

‘So many of us have been crying in our rooms; we just want to go home,’ one student said

The Independent UK

China Lashes Washington over Quad, North Korea

China’s top diplomat on Monday accused Washington of trying to create an Asian version of the US-European NATO military alliance and said it is up to the Biden administration to improve relations with North Korea. US policy toward East Asia and the Indian Ocean and efforts to strengthen military ties…

Asharq Al-Awsat

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China lashes Washington over Quad, North Korea

China’s top diplomat has accused Washington of trying to create an Asian version of the U.S.-European NATO military alliance and said it is up to the Biden administration to improve relations with North Korea

The Independent UK

German chancellor Scholz pushes back against Russian energy import ban, as oil and gas climb – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Sydney FC look to ACL for return to form

Steve Corica wants Sydney FC to snap their five-games winless run when they take on Filipino outfit Kaya FC in the Asian Champions League.

AAP

Saudi Arabia Raises April Arab Light Crude Prices to Asia

Saudi Arabia's state oil producer Aramco raised its April official selling price (OSP) for all crude grades it sells to Asia in line with market expectations. The world's top oil exporter raised its April OSP to Asia for its flagship Arab Light crude to $4.95 a barrel versus Oman/Dubai crude,…

Asharq Al-Awsat

Russian War in World’s ‘Breadbasket’ Threatens Food Supply

The Russian tanks and missiles besieging Ukraine also are threatening the food supply and livelihoods of people in Europe, Africa and Asia who rely on the vast, fertile farmlands of the Black Sea region — known as the “breadbasket of the world.” Ukrainian farmers have been forced to neglect their…

Asharq Al-Awsat

Russian war in world's 'breadbasket' threatens food supply

The Independent UK

Netflix Gives Green Light To Three Asia-Pacific Series

Netflix (NASDAQ: NFLX) is expanding its international content line-up with three new series from the Asia-Pacific market.

Benzinga

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Caixin Global

China Green Bulletin: China’s Energy Intensity Dropped 3.8% in 2021

BIS to launch Asia green bond fund for central banks, leading lenders disclose details of emission reduction loans

Los Angeles Times

Commentary: The ultimate sanction: Listing Russia as a state sponsor of terrorism

Almost daily since Russia’s invasion of Ukraine last week, the United States and allies in Europe and Asia have been tightening the sanctions vise on Moscow. Yet even devastating blows to the Russian state and its economy did not give President Vladimir Putin pause as he unleashed a brutal overnight…

The Independent UK

Asia’s most ancient stegosaur fossil discovery could be world’s oldest

This clade of dinosaurs might have originated in Asia, say scientists

The Independent UK

Court filing seeks to seize Iran oil on US-owned tanker

Victims of the Sept. 11 terror attacks have asked the U.S. government to seize Iranian crude oil suspected to be on an American-owned oil tanker in Asia

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Asharq Al-Awsat

Stocks Sink as Atomic Plant Shelling Adds to Ukraine Fears

Asian markets tumbled Friday and crude bounced as news that Europe's biggest nuclear power plant was on fire after Russian shelling fueled a flight to safety and ramped up fears about the Ukraine war. As Vladimir Putin's forces stepped up their invasion, Ukraine's foreign minister demanded an immediate ceasefire to…

The Independent UK

Asian shares slide as Russia shells Ukraine nuclear plant

Shares have fallen in Asia after another bumpy day on Wall Street, as investors remain concerned about the broader impact of Russia’s invasion of Ukraine

Al Jazeera

Ukraine crisis clouds Southeast Asia’s fragile tourism recovery

A decline in Russian visitors is expected to hit Southeast Asian destinations like Phuket and Bali hard.

The Independent UK

AP Week in Pictures: Asia

Feb. 25-March 3, 2021

Benzinga

Skye Bioscience Shares Up On Keeping Novotech As CRO For Phase 1 Trial Of THC Prodrug Candidate For Glaucoma

Skye Bioscience, Inc. (OTCQB: SKYE) has entered into an agreement with Novotech Health Holdings, a leading full-service contract research organization in Asia-Pacific, for its upcoming Phase 1 study in Australia of its SBI-100 drug candidate for the treatment of glaucoma.

Benzinga

Here's Why Morgan Stanley Prefers Globalfoundries Over Intel

Morgan Stanley analyst Joseph Moore upgraded Globalfoundries Inc (NASDAQ:GFS) to Overweight from Equal Weight with a price target of $72.50, up from $70 (21.64% upside). Moore downgraded Intel Corp (NASDAQ:INTC) from Equal-Weight to Underweight and announced a $47 price target (3.83% downside). Moore prefers GlobalFoundries over Intel, given his view that the former acts as a hedge against the…

Axios

How Russia's invasion of Ukraine is changing air travel

Flight times are increasing, along with their carbon footprints.

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