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The Latest Breaking News from Asia

Mounting marine pollution is choking the world’s oceans and rivers, especially in Southeast Asia — and it’ll only get worse unless something changes.

360info

Markets tumble again as Fed hikes rates, warns more pain to come

London (AFP) - European stocks sank Thursday following sharp losses in Asia and on Wall Street, but the dollar spiked after the Federal Reserve signalled more hefty US interest rate hikes.

AFP

Scottish hotel management firm expands into Asia

The business is also investing in expansion and upgrades of its Scottish portfolio

Insider UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Kingpin of US Navy scam in Asia caught

A military contractor at the centre of a major US Navy corruption scandal in Thailand and elsewhere in Asia has been arrested in Venezuela, where he had fled after escaping house arrest in California.

Bangkok Post

Asia stocks follow Wall Street down as Fed fights inflation

Asian stock markets have followed Wall Street lower after the Federal Reserve delivered another big interest rate hike and raised its outlook for more to cool galloping inflation

The Independent UK

Oil Rises as Supply Fears Overtake Recession Worries

Oil rebounded on Thursday after sliding 1% in the previous session as concerns over tight supplies heading into winter eclipsed fears of a global recession. Brent crude futures rose 50 cents, or 0.6%, to $90.33 per barrel by 0319 GMT, recouping their losses in early Asia trade.

Asharq Al-Awsat

The Ivy Asia review: Pricey dishes at Cardiff's controversial new restaurant left us holding our breath for the bill

The food was delicious and the atmosphere is unique, but the prices at the new Ivy Asia are high

Wales Online

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Cambodian police raid alleged cybercrime trafficking compounds

Cambodian authorities said raids are underway this week at suspected cybercrime compounds across the Southeast Asian country, uncovering evidence of human trafficking, illegal confinement and torture.

Reuters

‘Risks loom large’: Asian Development Bank cuts growth forecast

Manila-based development bank lowers the growth forecast for 2022 from 5.2 percent to 4.3 percent.

Al Jazeera

Malaysia rolls out digital nomad visa

Without much fanfare, Malaysia has rolled out a visa programme that may become the first fully fledged digital nomad and remote worker pass to be offered in Southeast Asia.

Bangkok Post

Asian traders resume selling as another jumbo Fed hike looms

Hong Kong (AFP) - Asian markets resumed their downward spiral Wednesday after a brief respite the previous day, as traders prepared for what many expect to be a third successive jumbo interest rate hike by the Federal Reserve.

AFP

Asian lender ADB cuts forecasts to reflect weakening outlook

The Asian Development Bank has downgraded its forecasts for growth in the region, citing the war in Ukraine, rising interest rates to combat decades-high inflation, and China's slowing economy

The Independent UK

Agoda: Thai tourism makes cautious revival

Thailand is one of the first countries in Asia to see tourism rebound from the pandemic, driven by positive signals from both foreign and domestic travellers, according to Agoda.

Bangkok Post

Record five Asians at Presidents Cup sign of golf's growth

Charlotte (AFP) - A record five Asian players will be part of the Internationals lineup attempting to pull off an upset over the United States at the Presidents Cup starting on Thursday.

AFP

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Bangkok Post

Growing Asia's EV ecosystem

Asia's electric-vehicle market is poised for growth. Those who approach the challenges and opportunities with an ecosystem view can create significant value for their business -- and the global climate.

The Street

Stocks Edge Lower, Ford, UnitedHealth, Apple And Housing Data In Focus - Five Things To Know

Stock futures lower as bond yields leap; Ford slides on supply chain hit to Q3 earnings; UnitedHealth gains as Court OKs Change Healthcare purchase; Apple unveils App Store prices hikes in Europe and Asia and Housing starts data in focus as mortgage rates surge.

Reuters

Outbound Asian tourists to hit pre-pandemic levels by 2024-Agoda CEO

Asian tourists are only expected to resume international travel at pre-pandemic levels gradually, by 2024, the new chief executive of online travel agency Agoda said late on Monday.

Bangkok Post

US Fed risks are pushing global funds to flee emerging Asia stocks again

Another jumbo interest-rate hike by the Federal Reserve this week may accelerate global funds’ exodus from emerging Asian stock markets that are already reeling from the impact of a stronger dollar.

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AAP

Region can ward off 'climate carnage'

Leaders from across the Asia-Pacific region have gathered in Brisbane to work out how to limit the death and destruction future natural diasters will deliver.

The Hindu

Andhra Pradesh: Develop State as a logistics gateway to Southeast Asia, says AP Chambers

Indian industries excessively dependent on roads for transporting merchandise, say experts in letter to Piyush Goyal

The Street

Why Oman Crude Could Meet Asia’s Growing Demand for Oil

China is increasing its reliance on oil from the Middle East, with imports from the region growing in Q1 2022. That has accelerated the need for reliable sour crude futures contracts.

The Independent UK

Asian shares slip lower following broad decline on Wall St

Asian shares are down after another week of sizable losses on Wall Street

The Independent UK

Jeff Bezos loses spot as second-richest person

Gautam Adani, 60, is the first Asian busines person to rank in the top three of the global wealth index, which is typically dominated by US tech entrepreneurs

The Guardian - AU

Russia-Ukraine war latest: what we know on day 207 of the invasion

Czech Republic calls for ‘special international tribunal’ after Izium mass grave found; Turkish and Indian leaders call for end to war at Asia summit

ABC News

Guam, America's forgotten speck of an island in the Pacific, is the new front line against China

As China flexes its air strength at Taiwan and builds navy capacity at unprecedented speed, the United States is bolstering defences on its most important military outpost in the western Pacific: the tropical island of Guam.

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