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The Latest Breaking News from Asia

Asian shares track Wall St drop as inflation fears drag on

Shares have retreated in Asia after another broad decline on Wall Street as markets remain gripped by uncertainty over inflation, rising interest rates and the potential for a recession

The Independent UK

North Korea accuses US of building an ‘Asian Nato’ ahead of security talks

Biden due to meet Japanese PM Kishida and South Korean leader Yoon for talks amid escalating missile tests by Pyongyang

The Guardian - AU

"Putin has become a terrorist": Zelensky urges UN to expel Russia

Russia must be "brought to justice" or it "could bring terrorist activity" to other European countries and Asia, Zelensky said.

Axios

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Cooking with ‘dirty’ fuels affects women’s mental health

About 2.6 billion people – nearly half of the global population, most of them in Africa, Asia and central and south America – rely on biomass fuels, like wood and charcoal, or kerosene to cook meals, heat and light their homes.

The Conversation

Intensifying heat waves threaten South Asia’s struggling farmers – many of them women

Sitting in a semi-circle in the yard outside of a village school in Nepal, a group of farmers share their concerns about the future. They discuss how the rain is unreliable – droughts and floods are both becoming more common. The heat is overwhelming before the rains come.

The Conversation

North Korea Works to Prevent Flood Damages amid COVID Crisis

North Koreans were working to protect crops and equipment from potential damage after days of heavy rainfall, state media said, as outside observers worry any flooding could aggravate the country’s economic hardships amid its COVID-19 outbreak. Summer floods in North Korea, one of the poorest countries in Asia, often cause…

Asharq Al-Awsat

Pallonji Mistry, billionaire caught in Tata feud, dies at 93

NEW DELHI: Pallonji Mistry, the Indian-born billionaire whose engineering empire built luxury hotels, stadiums, palaces and factories across Asia and whose family’s epic showdown with the Tata Group sparked India’s biggest corporate feud, has passed away in Mumbai. He was 93.

The Times of India

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What To Expect From South Korea’s First NATO Summit

South Korea’s president has vowed to make the country a “global pivotal state” bolstering cooperation with like-minded countries to promote liberal democratic values of freedom, peace, and prosperity.

The News Lens

Central banks in Asia spend billions to slow currency declines

After years of building their foreign-exchange reserves, central banks in Asia are tapping into their stockpiles to bolster their weakening currencies against a rising US dollar.

Bangkok Post

Hong Kong's Struggle to Lure Bankers Dims Its Role as a Global Finance Hub

Before the Covid-19 pandemic, the Hong Kong Sevens rugby tournament was for years a highlight on Asia's networking calendar for global bankers and their clients.

Bangkok Post

First Gucci LED outlet unveiled

King Power Group, the country's leading duty-free retailer, has unveiled Asia's first Gucci LED boutique at King Power Suvarnabhumi.

Bangkok Post

Penny Wong stresses 'genuine links' with South-East Asia as she visits Vietnam, Malaysia

Penny Wong's visit to South-East Asia this week has a personal element. In addition to talks with ministers and officials, the Foreign Minister will be visiting her hometown of Sabah.

ABC News

Afghanistan will remain a geopolitical laboratory for U.S.-China rivalry: Raghavan

China is wary of the Taliban and its promises, says Aziz Amin

The Hindu

LTR Visa makes it easier than ever

Not only is Thailand one of the most attractive tourist destinations in Asia, it is also home to multinational corporations from all over the world.

Bangkok Post

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Asharq Al-Awsat

North Korea Says US is Setting Up Asian NATO; Vows Stronger Defense

North Korea has accused the United States of setting up a military alliance like NATO in Asia, saying the unwavering US aim to oust North Korea's government compelled it to develop stronger defenses.

Reuters

North Korea says U.S. is setting up Asian NATO; vows stronger defence

North Korea has accused the United States of setting up a military alliance like NATO in Asia, saying the unwavering U.S. aim to oust North Korea's government compelled it to develop stronger defences.

Orlando Sentinel

Viral video of racist incident at Mills 50 restaurant reflects rising anti-Asian abuse

Even as Kristen Nguyen recorded a customer directing racist and abusive comments at her, she didn’t plan to post the videos. She hoped that if the woman knew she was being recorded, the diatribe would end.

Bangkok Post

Citi bullish on Thailand

Global economic headwinds notwithstanding, prospects for the Thai economy remain bright, according to Peter Babej, Asia-Pacific chief executive officer for Citi.

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Reuters

Russia's Putin to make first foreign trips since launching Ukraine war

Vladimir Putin will visit two small former Soviet states in central Asia this week, Russian state television reported on Sunday, in what would be the Russian leader's first known trip abroad since ordering the invasion of Ukraine.

Bangkok Post

Sri Lankan group latest to arrive as China opens borders to Asian students

China is gradually allowing more students from Asian nations to return, over two years after closing its borders to most foreigners under a strict zero-Covid strategy. However, it is not clear when those from the West can also come back.

The Times of India

CoEP, Asia's third oldest engineering institute, now a public university

PUNE: The College of Engineering, Pune, Asia's third oldest engineering institute, will now be called CoEP Technological University, stated a Maharashtra government notification to award the college a public university status.

Bangkok Post

Aviation industry upbeat on outlook for H2

The aviation industry is finally seeing signs of optimism as it tries to rebound from a major crisis, although the recovery path appears to be uneven across the globe, particularly in Asia-Pacific as a result of remaining restrictions.

Bangkok Post

Executives point to challenges women face from Covid

Leading male executives from PwC, 3M and B.Grimm Power discussed the impact of Covid-19 on the workforce and shared insights on maintaining diversity and strong teams yesterday at a 2022 Global Summit of Women (GSW) forum held in Bangkok entitled "Managing during uncertainties".

Bangkok Post

Eka Global follows through on a package deal

After getting off to a bumpy start many years ago, local plastic packaging company Eka Global is now aiming to become the largest producer of longevity packaging in Asia within five years.

Benzinga

Meta's Biggest Rival Posts Visible Success On Gaming Foray Despite Bigger Rivals Like Tencent, NetEase

TikTok parent ByteDance Ltd's gaming foray exudes promise as spending across its mobile titles grew over the past year, according to Sensor Tower. The report highlighted TikTok owner generated $1 billion of player spending across its mobile games as of the year ended June 20, 2022, up 16% year-on-year. ByteDance had set…

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Christopher Johnstone

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