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The Latest Breaking News from Asia

AP Week in Pictures: Asia

Oct. 28 - Nov. 3, 2022

The Independent UK

Most Asian markets rise, dollar holds gains ahead of US jobs data

Hong Kong (AFP) - Most Asian investors tentatively stepped back into the markets Friday after the previous day's Federal Reserve-induced sell-off, while the dollar held gains as focus turned to the release of key US jobs data.

AFP

China and Pakistan Set Up Offshore Yuan Clearing

South Asian nation becomes third country to do so this year, enabling use of Chinese currency in cross-border trade and investment

Caixin Global

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Regional economic outlook mixed

Asia's strong economic rebound early this year is losing momentum, with a weaker than expected second quarter. The International Monetary Fund has cut growth forecasts for Asia and the Pacific to 4% this year and 4.3% next year, which are well below the 5.5% average over the last two decades.

Bangkok Post

Cathay Pacific Cargo launches 'Mango Express' from Darwin to Asia

A Boeing 777 is about to depart Darwin with more than 50 tonnes of mangoes on board.

ABC News

Hong Kong set for Asean cooperation and entry into RCEP

Hong Kong is set to gain early admission into the Regional Comprehensive Economic Partnership (RCEP), city leader John Lee Ka-chiu has said as he expressed confidence the city would bring "enormous value" to the free-trade grouping and revealed that member states of the Association of Southeast Asian Nations (Asean) supported…

Bangkok Post

Cracks in Vietnam rattle investors

Financial markets in Vietnam, Asia’s fastest-growing economy, are in an unsettling slide as a crackdown on property lending, a falling currency and rising interest rates heap pressure on banks and rattle confidence.

Bangkok Post

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Asia, Europe join Wall St plunge as Powell wrecks Fed pivot hopes

Hong Kong (AFP) - Asian and European markets sank Thursday after the Federal Reserve hiked interest rates and boss Jerome Powell suggested they would go higher than expected, blowing a hole in hopes for a more dovish pivot in its fight against inflation.

AFP

Asia stocks fall after Fed says more US rate hikes likely

Asian stock markets have sunk after the Federal Reserve added to fears of a possible recession by saying it wasn’t finished raising U.S. interest rates to cool inflation

The Independent UK

Asia stocks tumble after US Fed says more rate hikes likely

Benchmark indexes across Asia fall after US central bank raises key rate to the highest level in 15 years.

Al Jazeera

Asia joins Wall St plunge as Powell wrecks Fed pivot hopes

Hong Kong (AFP) - Asian markets sank Thursday after the Federal Reserve hiked interest rates and boss Jerome Powell suggested they would go higher than expected, blowing a hole in hopes for a more dovish pivot in its fight against inflation.

AFP

Australia can’t be naive about human trafficking in Asia

Foreign Affairs Minister Penny Wong’s visit to Thailand is an attempt to repair frosty relations between the nations. But the nation’s culpability regarding human trafficking needs to be addressed.

Crikey

First heat, then floods wipe out farms in Pakistan's chilli capital

Near Kunri, a southern Pakistani town known as Asia's chilli capital, 40-year old farmer Leman Raj rustles through dried plants looking for any of the bright red chillis in his largely destroyed crop which may have survived.

Reuters

Five tastes of Asia

Following the return of international tourism in Asia, five photographers with deep connections to India, Japan, Korea, Singapore and Thailand share one of their favourite local dishes.

Bangkok Post

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Glasgow Live

Rutherglen girl is the new face of Primark and is signed to modelling agencies around the world

Kirsty Shearer has appeared in magazines all over the UK, Europe and Asia, with the world's biggest brands queuing up to use her in their ad campaigns, and her picture is now up in Primark stores across the country.

The Independent UK

Cairo, Dubai and London Heathrow lead busiest air routes as Asia flights slump

Top two international air routes both serve Saudi Arabia

The Japan News/Yomiuri

Japan eyes hosting meeting with Central Asia foreign ministers

The government is considering hosting a December meeting between the foreign ministers of Japan and five Central Asian nations of the former Soviet bloc, according to several Japanese government sources.

Bangkok Post

Singapore’s reopening boom draws big money and bubble fears

Earlier this month, a record 302,000 people attended Singapore’s first Formula 1 car race in three years. Some forked out $900 for a grandstand seat for three days, while others booked hotel suites overlooking the Marina Bay track for as much as $10,000. Nightclub tables were fetching up to $70,000…

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AFP

Asian markets mixed as US data tempers Fed hopes

Hong Kong (AFP) - Asian stocks were mixed Wednesday following losses on Wall Street as forecast-beating US data jolted hopes the Federal Reserve could soon tone down its hawkish pace of interest rate hikes.

The Independent UK

Asian benchmarks mixed as markets await Fed rate moves

Asian shares are mixed while Chinese shares surged ahead of a decision by the U.S. Federal Reserve on an interest rate increase to curb inflation

Reuters

Worries over Germany's China dependency overshadow Scholz trip

Chancellor Olaf Scholz makes an inaugural visit to China on Friday that will be closely watched for clues on how serious Germany is about reducing its economic reliance on Asia's rising superpower and confronting its Communist leadership.

Reuters

S.Korea's nuclear regulator keen to share knowledge along with plant exports

South Korea's top nuclear regulator sees an important role in sharing their safety knowledge along with the plants it is exporting as Europe and Asia revisit nuclear power to meet carbon emissions goals and ensure energy security.

AFP

Asian markets swing as US data tempers Fed hopes

The Independent UK

3 tragedies in Asia take hundreds of lives in 1 month

More than 400 people died in October in a series of crowd-related disasters in Asia

Chronicle Live

Emirates Newcastle Airport to Dubai daily flights to return with lunchtime departures

The lunch time departures from Newcastle International Airport will make it easier to connect to destinations in Australia and Asia

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