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The Latest Breaking News from Asia

Pound steadies but Kwasi Kwarteng faces massive market turmoil

The pound steadied in early trading in Asian markets on Tuesday as it climbed to $1.07 just before 6am

Evening Standard

Harris focuses Asia trip on security, adds tour to Korea DMZ

In meeting after meeting in Tokyo, Vice President Kamala Harris has emphasized the U.S. commitment to regional security

The Independent UK

Dollar softens after rally but Asian stocks struggle to recover

Hong Kong (AFP) - The dollar lost a little of its strength Tuesday after starting the week by surging against major peers, including a record high versus the pound, though equity traders struggled to claw back recent losses owing to recession fears.

AFP

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China growth to fall behind rest of Asia for first time since 1990

World Bank is latest financial institution to slash Chinese economic forecast

Financial Times

Sephora opens 'Store of the Future' in Singapore

In 2008, Sephora debuted in Southeast Asia by opening its first retail store in Singapore.

Bangkok Post

Sterling hits all-time low: two things can turn this around but neither is straightforward

While most people in the UK were still in bed in the early hours of Monday morning, the pound dived. It fell over 4% during Asia trading to reach its lowest ever level against the dollar of US$1.035, while also hitting €1.079 against the euro. This was an exceptional fall,…

The Conversation

Ant Group's Alipay+ to boost cashless travel in South Korea

HONG KONG: Chinese financial technology giant Ant Group is ramping up cashless travel in South Korea through its Alipay+ programme, which supports a major collaboration between trusted mobile payment services providers across Asia.

Bangkok Post

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Hong Kong's Cardinal Zen goes on trial over protest charity fund

Cardinal Joseph Zen, 90, one of the most senior Catholic clerics in Asia, and five others were accused on Monday by government prosecutors of using a now-disbanded charity fund for pro-democracy protesters as a front for "political activities".

Reuters

What a weak pound means for your money as Sterling hits all-time low against US dollar

The pound plunged by more than 4% to $1.0327 in early Asia trade today - its lowest level since the decimalisation of the currency in 1971 - but what does this mean for you?

Daily Mirror

Pound hits record low against the US dollar as markets lose faith in UK government

In early Asia trade, sterling fell close to $1.03 before regaining some ground and stood at $1.06 on Monday morning (September 26), UK time

Wales Online

Pound recovering after hitting all-time low against the dollar

Sterling plunged to its lowest level against the US dollar - at just over $1.03 - since decimalisation in 1971

The Independent UK

Ceremony and controversy await Harris during visit to Asia

Attending funerals on behalf of the United States is normally a straightforward assignment for a vice president

The Independent UK

Cancellation of Taiwan Pride event shows China’s influence extends far beyond its borders

WorldPride 2025 would have been the first time a global lesbian, gay, bisexual, transgender and queer (LGBTQ+) event was held in Asia.

The Conversation

Indonesia's stance on China-Taiwan conflict more about dependency on Beijing than being neutral

Indonesia’s attitude toward rising tensions between China and Taiwan suggests Southeast Asia’s largest economy is still dependent on China, fearing the loss of its closest and biggest trading partner.

The Conversation

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The Conversation

Dengue in France: tropical diseases in Europe may not be that rare for much longer

Dengue, a viral infection spread by mosquitoes, is a common disease in parts of Asia and Latin America. Recently, though, France has experienced an outbreak of locally transmitted dengue.

AFP

Ukraine war saps Russian sway over Caucasus, Central Asia

Paris (AFP) - As the invasion of Ukraine drains Russia's forces, Moscow's grip on its former Soviet backyard in the Caucasus and Central Asia is loosening with unpredictable consequences, experts say.

The Independent UK

New Covid-like virus discovered in Russian bat may infect humans and evade vaccines, study finds

Such viruses circulating in wildlife outside of Asia ‘pose threat to global health,’ scientists say

Bangkok Post

BG becomes new Sponsor of Palencia CF 2022/23

Bangkok Glass Public Company Limited, or BG, has been recognised as one of Thailand’s largest providers of glass packaging as well as one of the largest businesses in Asia. BG also owns BGPU, or BG Pathum United Football Club, which has been one of the top football clubs in Thai…

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AFP

Markets endure further losses, dollar rises as central banks turn screws

Hong Kong (AFP) - Asian markets fell again Friday and the dollar extended gains as part of a global sell-off fuelled by recession fears after central banks around the world ramped up interest rates to fight decades-high inflation.

AFP

Markets endure further losses as central banks turn screws

Hong Kong (AFP) - Asian markets fell again Friday as part of a global sell-off fuelled by recession fears after central banks around the world ramped up interest rates to fight decades-high inflation.

The Independent UK

AP Week in Pictures: Asia

Sept. 16-23, 2022

Bangkok Post

Singapore overtakes Hong Kong in world financial centres ranking

NEW YORK: Singapore has overtaken Hong Kong to become Asia’s top financial centre — and the third in the world — according to a new report that puts New York and London in the first and second spots.

AFP

Hong Kong replaced by Singapore as Asia's top finance centre

Hong Kong (AFP) - Hong Kong has lost its crown as Asia's premier finance centre to Singapore in a global ranking list where New York and London maintained their number one and two spots.

AFP

Asian markets suffer further losses as central banks turn screws

Bangkok Post

Asian bourses slip after Fed hike

Many Asian stock exchanges deepened their losses on Thursday as currencies tanked after the US Federal Reserve delivered a third consecutive 75-basis-point interest rate cut overnight and signalled more to come through next year, sparking fears of recession.

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