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The Latest Breaking News from Asia

Some Asia economies need rapid rate hikes to cool inflation: IMF

IMF director for Asia and Pacific says rapid increases needed to prevent “upward spiral” in inflation.

Al Jazeera

Russia gas cuts stoke Asia’s energy security fears

Analysts say disruptions to Nord Stream 1 pipeline could accelerate move away from liquified natural gas in the region.

Al Jazeera

AP Week in Pictures: Asia

July 22-28, 2022

The Independent UK

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Asia’s richest woman loses half £19billion fortune after property market crashes

At her peak, Yang Huiyan's £19.5billion fortune eclipsed that of fellow Chinese billionaires Fan Hongwei and Wu Yajun, both worth around £10.8billion at the time

Daily Mirror

Erik ten Hag makes transfer decision over Man Utd wonderkid following X-rated rant

The youngster has caught the eye for Man Utd during their pre-season tour to Asia and Australia and looks set for a bigger role with the Red Devils going forwards with Erik ten Hag having come to a decision over his future

Daily Mirror

Asian shares, oil prices mostly higher after Fed rate hike

Shares are mostly higher in Asia after the Federal Reserve ratcheted up its campaign against surging inflation by raising its key interest rate three-quarters of a point

The Independent UK

Pelosi Taiwan trip in limbo as officials plan east Asia stops

WASHINGTON — House Speaker Nancy Pelosi’s trip to Asia in early August is set to include stops in Japan, Indonesia and Singapore, but a potential Taiwan visit that has already exacerbated U.S.-China tensions remains off the official itinerary, according to a person familiar with the matter.

Tribune News Service

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US official warns Asian aggressors will face Western might

The U.S. secretary of the Navy has warned that any Asian aggressor who violates the sovereignty of other countries in the region risks punitive counter actions just like what Russia is confronting for its invasion of Ukraine

The Independent UK

Zero probability of recession in India, risk climbs for some Asian economies: Report

NEW DELHI: Indian economy has zero chances of slipping into recession, even amidst persisting global challenges, a survey by Bloomberg economists showed.

The Times of India

Major Asian call scam suspect extradited from Albania to Thailand

The alleged second-in-command of a major Taiwanese call scam gang extradited from Albania has arrived back in Thailand to face prosecution for fraud committed against victims in Thailand and other countries in Asia, the Office of the Attorney-General announced.

Bangkok Post

New Study Of South China Ancient Human DNA Hints At Native Americans’ East Asian Roots

A statement from Cell Press quotes study co-author Bing Su as saying: “Ancient DNA technique is a really powerful tool.

Zenger

Asian stocks follow Wall St lower before likely US rate hike

Asian stock markets have followed Wall Street lower as traders prepare for a possible sharp interest rate hike by the Federal Reserve to cool inflation

The Independent UK

Asia goes nuclear as climate, Ukraine banish memory of Fukushima

China, Japan, South Korea, India and Pakistan are betting on nuclear power amid climate crisis, energy security fears.

Al Jazeera

QSR of Asia keen on 2nd KFC business

The QSR of Asia under Thai Beverage Plc (ThaiBev), one of the operators of KFC in Thailand, is keen to participate in a race to acquire another KFC franchise if Restaurants Development Co, one of the other KFC franchisees in Thailand, agrees to sell its KFC franchise business as reported.

Bangkok Post

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Bangkok Post

Global HIV response is in danger

Last year, world leaders came together at the United Nations in New York and agreed on a groundbreaking Political Declaration on HIV and Aids. That plan takes on the inequalities that drive the pandemic and will dramatically reduce new HIV infections and Aids-related deaths by 2025 and end the Aids…

France 24

Ukraine ‘will help combat hunger and rising prices for food’, FM Dmytro Kuleba says

Ukraine’s Foreign Minister Dmytro Kuleba spoke to FRANCE 24 about the four-way agreement on the export of Ukrainian wheat, the delivery of arms to Ukraine and the military situation on the ground, especially around the city of Kherson. He stressed that Ukraine would do everything in its power to resume…

Asharq Al-Awsat

Sankyo Seiko to Purchase French Luxury Fashion House Leonard

Privately-held French fashion house Leonard, known for its stylized orchid prints, is being sold to its long-time parter in Asia, Japan-based Sankyo Seiko, the company said Monday. The move marks the end of family ownership for the luxury label, which was founded in 1958, and symbolizes the struggle of smaller,…

Al Jazeera

South Korea’s economy beats growth forecasts

Asia’s fourth-largest economy grew 2.9 percent year-on-year in the second quarter.

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Daily Mirror

Why Premier League fans are struggling to buy their club's new kits amid mass disruption

More than half of clubs across the top four English divisions have been impacted because of supply chain issues linked to Covid-19 disruption in Asian factories

The Guardian - UK

English pottery a hit in Asia thanks to Squid Game

Denby’s star is on the rise since its Halo teacup featured in Netflix’s South Korean blockbuster

Daily Mirror

Why are Man Utd playing two pre-season matches in two days this weekend?

The Red Devils have returned from their pre-season tour of Asia and Australia and will now end their pre-season preparations with a double header against Spanish opposition this weekend

Asharq Al-Awsat

Asian Shares Start Week Lower, Tracking Wall St Retreat

Asian shares tumbled Monday after a retreat on Wall Street spurred by disappointing economic data and corporate earnings. Oil prices also slipped. Investors are awaiting the next move by the US Federal Reserve, which is expected to raise its key interest rate again on Wednesday as it strives to beat…

The Independent UK

Asian shares start week lower, tracking Wall St retreat

Asian shares have opened mostly lower after a retreat on Wall Street

Reuters

U.S. to host virtual meeting on Tuesday of Indo-Pacific trade, economic ministers

The United States will host a virtual meeting on Tuesday of officials representing the 14 countries that have joined the Indo-Pacific Economic Framework, as Washington seeks to expand its engagement with Asia.

Newcastle Herald

Hunter delegation chases Newcastle to Singapore flights

A high-profile Hunter business and political delegation has arrived in Singapore to progress negotiations on direct flights into the Asian transport hub.

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