The Latest Breaking News from Asia

Anthropic's export restrictions are fueling Asia's AI boom

The US move has allowed Asian firms to establish themselves in a market dominated by a handful of US companies.

The Economic Times · Jun 30

Iran war turns Asia toward diversifying energy supplies, undermining climate goals

Asian nations hit hard by the Iran war’s price shocks are rushing to diversify and strengthen their energy security, potentially undermining their commitments to curb climate change

The Independent UK · Jun 30

US stocks may be headed for a sharp correction, warns Andrew Freris amid AI spending boom

Market strategist Andrew Freris warns Wall Street's rally is built on shaky ground, citing weak earnings and excessive AI enthusiasm. He advises caution on US equities, favoring select Asian markets like Japan, Singapore, Taiwan, and South Korea. Freris believes a US market correction is inevitable and could trigger a global…

The Economic Times · Jun 30

The Steam Machine is overpriced yet it's sold out already in Japan — but be careful about buying a cheap clone

Be careful around apparently enticing Steam Machine copies from Asia, even if the real thing is selling out at its eye-watering MSRP.

TechRadar · Jun 29

Viral Nail Salon Fight Sparks Fresh Claims Black Boycott Is Hitting Asian-Owned Businesses Hard

A viral nail salon fight has reignited discussions about the Black boycott of Asian-owned businesses, following a controversial court verdict. The debate continues online, with opinions divided.

International Business Times UK · Jun 29

Trafficked, beaten and raped: raids reveal scale of abuse of women in Asia’s cyberscam centres

As tens of thousands are freed, female survivors are increasingly reporting gender-based violence in the compounds, previously thought to hold mainly men

The Guardian - UK · Jun 29

Global Market Today: Asian shares slip, oil pares climb

Global markets are showing cautious optimism as US and Iran reportedly step back from further conflict escalation, with talks scheduled in Qatar. While Asian shares dipped, US equity futures climbed. However, rising oil prices and lingering inflation concerns are keeping investors on edge, despite hopes for a lasting peace and…

The Economic Times · Jun 29

China, India see top firms lose market cap share in AI lag

Major stock markets in China, India, and Hong Kong are lagging in the global AI race, with top companies now holding a smaller market share. This contrasts with Taiwan and South Korea, where AI leaders have significantly boosted their benchmarks. While diversification can offer stability, the absence of dominant AI…

The Economic Times · Jun 29

Africa's success lays bare Asia's World Cup flop

Only two Asian nations, Japan and Australia, made it through to the World Cup round of 32 in a disastrous tournament for the region.

AAP · Jun 28

Photos show Pride around the world: Monthlong celebration ends with iconic U.S. parades

Born out of the 1969 Stonewall uprising in New York, Pride Month has grown into a global celebration of LGBTQ+ communities, with marches and festivals taking place in cities across the Americas, Europe, Africa and Asia. The month reached its peak Sunday with landmark Pride parades in New York and…

The Independent UK · Jun 28