The Latest Breaking News from Asia

Trump is doing a Ukraine on Taiwan. And it exposes a startling new level of US weakness

ANALYSIS: Trump has suspended weapons sales to Taiwan in a move that again shows he favours potential enemies over allies, explains world affairs editor Sam Kiley

The Independent UK · May 24

India sees minimal fuel price hike amid global surge triggered by West Asia crisis

India witnessed one of the world's smallest fuel price hikes, with petrol and diesel rising only around 5% despite global surges. This moderation, following a nearly 76-day price freeze, was achieved through excise duty cuts and absorbing crude oil cost increases. Many nations, including neighbors like Nepal and Sri Lanka,…

The Economic Times · May 23

‘Anime effect’: Fans boost tourism across Asia with pilgrimages to attractions and festivals

An anime-inspired ‘set-jetting’ travel trend is surging in Asia, with Trip.com reporting a 195% year-on-year rise in searches for anime and comic-related tourism experiences.

Euronews · May 23

Rice feeds billions of people – but its role in fueling climate change is growing

Rice feeds more than half the world. From terraced paddies in Southeast Asia to irrigated fields in China and India, it underpins daily meals for billions of people.

The Conversation · May 22

APEC gathers to discuss trade imbalances, supply chains

Envoys from across Asia are in China to grapple with a host of trade issues including how supply chains can handle global shocks such as the Iran war.

AAP · May 22

Global Market: Oil crisis and strong dollar intensify pressure on Asian currencies

Asian economies face a global energy shock. Policymakers are enacting emergency measures as currencies weaken and fuel costs surge. India urges reduced overseas travel and gold purchases. Indonesia hikes interest rates and tightens export earnings control. The Philippines also raises rates. These actions aim to stabilize economies amid rising oil…

The Economic Times · May 22

BofA sees foreign exodus from Dalal Street extending into 2027

Indian stocks are underperforming globally. Foreign investors are unlikely to return before 2027 or 2028. This is due to earnings downgrades and a weakening rupee. Other Asian markets are attracting investment with AI-linked plays. India's valuations remain expensive compared to markets like South Korea. Domestic investors are focusing on mid…

The Economic Times · May 22

KT SAT Evolves into a 'Total Space Solution Provider' Presenting the Vision of "Space for Humanity"

SEOUL, South Korea, May 22, 2026 /PRNewswire/ -- KT SAT announced that it participated in the Space Industry Forum (SIF), a global space and satellite industry event held during Asia Tech x Singapore, Asia's largest ICT exhibition, where the company shared its perspective on the rapidly evolving satellite communications market…

AAP · May 22

Dollar perched near six-week high on uncertainty over US-Iran deal

The dollar held near a six-week high on Friday, buoyed by hopes of U.S.-Iran peace deal progress and strong U.S. economic data. Despite mixed signals from talks, investors favored the dollar, while the yen weakened significantly due to high oil prices and concerns over intervention. Emerging Asian currencies also faced…

The Economic Times · May 22

Why Australia’s cuts to news services in the Indo-Pacific are a failure of soft diplomacy

Australia seems intent on missing a vital opportunity to win the hearts and minds of our neighbours in the Indo-Pacific, particularly Southeast Asia, through its continued refusal to guarantee ongoing funding for transnational news services in the region.

The Conversation · May 22