The Latest Breaking News from Asia

Oatly Group Posts Mixed Q4 Results; FY22 Outlook Lags Consensus

Oatly Group AB (NASDAQ:OTLY) reported fourth-quarter FY21 sales growth of 46.3% year-on-year, to $185.93 million, beating the consensus of $174.22 million. Revenue in the Americas jumped 96.5% Y/Y to $55.5 million, EMEA rose 14.1% to $88.9 million, and Asia grew 97.9% to $41.6 million. The gross margin contracted by 1,180 basis points to…

Benzinga · Mar 9, 2022

PlantFuel Expands Distribution into East Asia with the Largest E-Commerce Retailer in South Korea Coupang

Plant-based wellness brand PlantFuel continues its global expansion through international distribution partnership with Coupang

Benzinga · Mar 9, 2022

Airspace bans: where are they and how are they disrupting travel?

As the UK makes it a criminal offence for Russian aircraft to breach its airspace ban and airlines the world over re-route their Europe to Asia flights, these are the chief effects of the new ‘Cold War of the Skies’

The Independent UK · Mar 9, 2022

Virtual job fair targets tech sector

Good news for job seekers wishing to work with top tech companies in Asia. More than 1,000 tech and digital companies are looking for staff at "Asia's Biggest Virtual Career Fair" which is running until Friday.

Bangkok Post · Mar 8, 2022

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 · Mar 8, 2022

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 · Mar 8, 2022

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 · Mar 8, 2022

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 · Mar 8, 2022

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 · Mar 7, 2022

‘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 · Mar 7, 2022