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The Latest Breaking News from Asia

Tokyo Tanks As Asian Markets Track Wall St Down On Recession Fears

Tokyo led losses across Asia on Friday due to a stronger yen and expectations for more Japanese rate hikes, while disappointing data sparked a plunge on Wall Street and fuelled fresh fears of a US recession.

International Business Times

Awkward USA And China Moment On Olympics Podium Causes Cultural Divide

"Chinese social media said, 'the Chinese girls were very kind as they know foreigners can’t squat.'" The post Awkward USA And China Moment On Olympics Podium Causes Cultural Divide first appeared on Bored Panda.

Bored Panda

Blinken's Asia Tour Addresses U.S. Global Role Amid Uncertainty

U.S. Secretary of State's Asia tour underscores commitment to global engagement amid domestic political distractions.

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Greece is tackling a blistering heatwave – a goat plague is the last thing it needs

PPR was first described in Ivory Coast in 1942 and has since spread across Africa, Europe and Asia

The Independent UK

HSBC Records $21.6 Billion Pre-tax Profit In First Half 2024

Banking giant HSBC said Wednesday that pre-tax profits in the first half of 2024 came in at $21.6 billion, slightly lower than last year's record performance.

International Business Times

Navigating cultural differences and digital-savvy customers will be key to scaling AI adoption in Asia, tech executives say

For example, Asian companies tend to hire lots of narrowly focused knowledge workers, unlike the U.S., noted Thinking Machines founder Stephanie Sy.

Fortune

AI can help bridge Southeast Asia’s 1,000 languages—but the work ‘has to be done by Southeast Asians’

The full extent of Southeast Asia's cultural diversity risks being ignored by AI models built on English and Mandarin Chinese.

Fortune

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Blinken Says US To Provide $500 Mn Military Funding To Philippines

Blinken was in Manila with US Defense Secretary Lloyd Austin as part of an Asia-Pacific tour to strengthen Washington's latticework of alliances aimed at countering Beijing.

Latin Times

Global Stocks Rise Ahead Of Central Bank Meetings

Global stock markets show positive trends as investors await central bank meetings. Mixed results in European indices, Asian markets surge. Investors cauti...

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Kim Jong Un Leads Flood Rescue Efforts In North Korea

Kim Jong Un leads flood rescue in North Korea as China faces heavy rainfall and flooding challenges. Recent extreme weather events in Asia exacerbated by c...

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Asia’s rich flip the script on charitable giving: Instead of mega-foundations, they’re using their family companies

"Companies want to fund where they’re operating,” Ruth Shapiro, head of the Centre for Asian Philanthropy and Society, says.

Fortune

France renews vow to defend freedom of navigation as it showcases fighter jets in the Philippines

France has renewed a commitment to help defend freedom of navigation and overflight in the Asia-Pacific

The Independent UK

US And Japan To Reconfigure Military Forces In Historic Move

US and Japan reconfigure military forces to address security threats in Asia, enhancing defense cooperation and modernizing alliance.

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Defying Downturn, Auction Houses Bid High On Hong Kong

Three of the world's top auction houses are racing to expand in Hong Kong, eager to woo young Asian buyers even as the global art market retreats from pandemic-era highs.

International Business Times

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US-China Renew Grievances Amid Rising Tensions In Asia

U.S. and China discuss tensions in Southeast Asia, focusing on South China Sea disputes. Blinken emphasizes U.S. commitment to safeguarding interests and v...

The Independent UK

The US and China air global differences as their top diplomats meet for sixth time since last year

The United States and China have renewed their mutual grievances as Secretary of State Antony Blinken and his Chinese counterpart held their sixth meeting since last year amid an uncertain political situation in the U.S. and growing concerns about China's increasing assertiveness in Asia and elsewhere

The Guardian - UK

‘America was futuristic once. Now all the crazy things are from Asia’: why the British are going wild for kawaii culture

From bubble tea and corn dogs to K-pop and plushies, Korean, Japanese, Taiwanese and Chinese brands have captured the pocket-money market

The Independent UK

Hungary’s nationalist leader warns of EU's demise and backs Trump in anti-Western speech

Hungary’s nationalist prime minister Viktor Orban has given a speech attacking the West, praising Donald Trump, and saying the EU (of which Hungary is a member) is doomed to fail

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US-China Diplomatic Talks In Laos Amid Rising Tensions

US-China diplomats engage in talks amidst rising tensions in Asia, impacting regional dynamics and global order.

Top News

Stocks Mostly Higher In Asia, U.S. Futures And Oil Rise

Asian markets mostly up, U.S. futures and oil rise. Mixed day on Wall Street with Big Tech losses. Positive economic data boosts hopes for smaller companies.

International Business Times

China, Russia Say To Counter 'Extra-regional Forces' In SE Asia

China and Russia's foreign ministers met their Southeast Asian counterparts Friday after vowing to counter "extra-regional forces", a day before Washington's top diplomat was due to arrive.

The Independent UK

Stock market today: Asian shares mostly advance after Wall St comeback from worst loss since 2022

Shares are mostly higher in Asia after Wall Street made a comeback from its worst loss since 2022

The Guardian - UK

Stock markets tumble amid jitters over tech companies’ growth

Losses in Europe and Asia are driven by AI-related groups including Nvidia, Tesla and Google-owner Alphabet

The Times of India

Indian hockey dream fulfilled in Tokyo seeks the 'Holy Grail' in Paris

November 2023. Senior Men National Championship in Chennai. The Mayor Radhakrishnan Stadium had a special guest. India coach Craig Fulton's presence easily caught the eye. The new coach was not new anymore after helming India's direct qualification to Olympics with Asian Games gold. Eight months away, then, from boarding the…

The Guardian - UK

Post Office management were ‘thugs in suits’, former Lib Dem leader Vince Cable tells inquiry – as it happened

Cable agrees with characterisation of leadership at state-owned body when he was business secretary from 2010-15 in testimony to hearings on Horizon IT scandal

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