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The Latest Breaking News from Asia

Wall Street drops as interest rate rises loom after US inflation hits 7.5% – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Indonesia orders six Rafale jets from France

Indonesia signed a deal with France Thursday to buy six Rafale warplanes as part of an anticipated total order of 42, Jakarta's defence minister said, as Paris bolsters military ties in the Asia-Pacific.

Bangkok Post

Charles praises ‘resilience’ of trust helping disadvantaged Asian communities

The prince founded the British Asian Trust in 2007 to work to reduce poverty in south Asia.

The Independent UK

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Remember the 'pivot' to Asia? US wants to reassure Pacific allies it's still on

MELBOURNE, Australia — Like many U.S. governments before it, the Biden administration intended a foreign policy "pivot" toward China and Asia. Instead, Washington quickly faced war in Gaza, a chaotic pullout from Afghanistan and a possible Russian invasion of Ukraine.

Los Angeles Times

Mukesh Ambani regains richest Asian tag, surpasses Gautam Adani

NEW DELHI: Reliance Industries chairman Mukesh Ambani on Wednesday regained the richest Asian tag, a day after billionaire Gautam Adani had surpassed him for the top spot.

The Times of India

Radware Tops Q4 Consensus Backed By Security Solutions Demand

Radware Ltd (NASDAQ:RDWR) reported fourth-quarter FY21 revenue growth of 11% year-on-year to $76.6 million, surpassing the consensus of $75.3 million. Revenue in the Americas region rose 14% Y/Y to $31.2 million, Europe, Middle East, and Africa (EMEA) region increased 23% Y/Y to $29.7 million, and Asia-Pacific (APAC) region declined 10% Y/Y to $15.7…

Benzinga

Oceans of opportunity: How seaweed can help fight climate change

It’s a nutritional food source, an alternative to plastic, has medicinal properties and can help to limit global heating: Marine algae might just be the next weapon in the fight against climate change.

France 24

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How Comvita went from two to 200 staff in China

Comvita has had a presence in China for almost 20 years. Its experience offers a fascinating insight into selling health and food products in this vast, varied, and rapidly-changing market

Newsroom.co.nz

EU joins chips race with a €42 billion bid to end its dependence on Asia

The European Union is setting itself up as a producer of semiconductors, or chips. In new legislation contained in the EU Chip Act, Brussels plans to raise tens of billions of euros to enable production in Europe and end the bloc's digital dependence on Asia.

Radio France Internationale

EU's chip production plan aims to ease dependency on Asia

The European Union is announcing a $48 billion plan to become a major microchip producer to try to curb its dependency on Asian markets for the component that powers everything from cars to game consoles

The Independent UK

Adding $12B To Wealth In 2022, Indian Green Energy Tycoon Becomes Asia's Richest Person

While Tesla Inc. (NASADQ:TSLA) CEO Elon Musk remains the world’s richest person, Indian billionaire Gautam Adani has dethroned compatriot Mukesh Ambani to become the richest person in Asia.

Benzinga

Billionaire Gautam Adani overtakes Mukesh Ambani as Asia’s richest person

NEW DELHI: Gautam Adani, the billionaire who turned a small commodities trading business into a conglomerate spanning ports, mines and green energy, is now Asia’s richest person.

The Times of India

Elon Musk blasts media for relentless hatestream

Elon Musk took to Twitter Tuesday morning in Asia to criticise traditional media for pumping out a “relentless hatestream” of bad news.

Bangkok Post

Indian coal magnate Gautam Adani becomes Asia’s richest person after solar energy drive

Despite controversy over Queensland coal mine, the tycoon’s investments in green energy at home have helped his wealth rise to $88.5bn

The Guardian - AU

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The Japan News/Yomiuri

Japanese TV, movies serve up dishes for foodies worldwide

Sushi, tempura and sukiyaki are not the only Japanese foods people crave overseas. People in Europe and other parts of Asia are now also hungering for foods eaten on a daily basis, such as onigiri rice balls, miso soup and tamagoyaki rolled omelets.

The Hindu

With East Asian doors shut, Indians fan out wide

China, Japan, Korea and Thailand have been off the tennis map for two years

Bangkok Post

Duty calls us to aid those suffering

A few years back I witnessed extreme humanitarian need across Afghanistan. One of Asia's poorest countries, millions of people were living below the poverty line. It was heartbreaking to see first-hand the impacts of one the highest child mortality rates in the world. To witness one of the most disaster-prone…

The Conversation

Russia and China's growing 'friendship' is more a public relations exercise than a new world order

Against the backdrop of a western diplomatic boycott of the Beijing Winter Olympics, China and Russia have marked the occasion by showing off their increasingly close relationship. Russia’s president Vladimir Putin posed for pictures with Chinese leader Xi Jinping at the opening of the 2022 Winter Games, declaring their opposition…

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The Independent UK

UK rebukes China for supporting Argentina's Falklands claim

Britain has firmly rejected a statement from China that affirmed Beijing’s support for Argentina’s claim to the Falkland Islands, as relations between London and Asia’s leading power remain strained

Asharq Al-Awsat

Across Asia, Spike in Virus Cases Follows Lunar New Year

Many Asian countries are facing a spike in COVID-19 infections after the widely-celebrated Lunar New Year holidays, as health officials grapple with the highly-transmissible omicron variant and expectations that numbers will continue to rise in coming weeks. The Lunar New Year, which is China’s biggest holiday, was celebrated across Asia…

The Independent UK

Across Asia, spike in virus cases follows Lunar New Year

The Independent UK

Taiwanese supplier to chip producers announces expansion

GlobalWafers Co., which supplies silicon wafers to semiconductor manufacturers, says it will invest $3.6 billion in facilities in Asia, the United States and Europe after its attempt to acquire Germany’s Siltronic AG failed

Asharq Al-Awsat

UN Experts: North Korea Stealing Millions in Cyber Attacks

North Korea is continuing to steal hundreds of millions of dollars from financial institutions and cryptocurrency firms and exchanges, illicit money that is an important source of funding for its nuclear and missile programs, UN experts said in a report quoting cyber specialists. The panel of experts said that according…

Al Jazeera

In Southeast Asia, decades-long deals stymie shift away from coal

Power purchase agreements that ensure “coal lock-in” are complicating the region’s transition away from fossil fuels.

Reuters

Blinken with Pacific trip aims to reaffirm U.S. focus on Asia

U.S. Secretary of State Antony Blinken will aim with a trip to the Pacific this week to remind the world that Washington's strategic long-term focus remains with the Asia-Pacific region despite an escalating crisis with Russia over Ukraine.

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