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The Latest Breaking News from Asia

Foreign funds flock to Asia amid economic recovery

Foreign funds continued to flow into Asian stock markets in January, backed by the economic recovery and China's reopening, according to a Stock Exchange of Thailand (SET) briefing on Tuesday.

Bangkok Post

B.I back in BKK

After holding his first fan meeting in Bangkok last year, South Korean rapper, singer and songwriter B.I will return for a full-scale concert, "B.I 2023 Asia Tour [L.O.L The Hidden Stage] In Bangkok", at Thunder Dome, Muang Thong Thani, on March 4 at 5pm.

Bangkok Post

Glacial lake floods threaten communities in Asia, South America

Melting mountain glaciers pose a growing flood risk to some 15 million people around the world, researchers said in a report published on Tuesday, with communities in Asia facing the biggest danger.

Reuters

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Towards a greener future: Bhutan, an example to the world on cutting emissions

As European countries struggle to reach their targets on reducing carbon emissions, one small landlocked country in central Asia stands as an example to the world. With nearly three quarters of its territory covered by woodland, Bhutan, with a population of around 780,000, claims to be a carbon-negative economy. As…

France 24

Johanne Siy is the winner of Asia’s Best Female Chef Award 2023

Filipino chef Johanne Siy of Lolla in Singapore has taken home the accolade of being Asia’s Best Female Chef Award for 2023. Voted for by the 300-plus members of the Asia’s 50 Best Restaurants Academy, the award celebrates women in gastronomy who continue to push the boundaries of excellence with…

Bangkok Post

Saudi Arabia Increases Price for Arab Light Crude to Asia

Saudi Arabia, the world's top oil exporter, raised prices for its flagship crude for Asian buyers for the first time in six months amid an expectation of oil demand recovery, especially from China, according to Reuters. Informed sources reported Monday that the official selling price (OSP) of Arab Light crude,…

Asharq Al-Awsat

Asian stocks mixed after Wall St sinks on rate fears

Asian stock markets are mixed after Wall Street sank under pressure from worries about higher interest rates and Japan reported stronger wage gains than expected

The Independent UK

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Asian markets rebound from Fed sell-off but traders still uneasy

Hong Kong (AFP) - Asian markets squeezed out gains Tuesday, giving investors some relief from a recent sell-off fuelled by worries that US interest rates will go higher than feared following last week's blockbuster jobs report.

AFP

The great appropriation: ‘First Nations First’ and rebranding the new imperial Australia

Labor is redefining Australia via Indigenous recognition. Shame it’s being used to sell our commitment to AUKUS and an Asia alliance.

Crikey

Eastspring warns of volatility ahead

The investment outlook remains volatile in 2023 due to monetary policy tightening and geopolitical risks, but China and the rest of Asia will likely benefit from the reopening of borders, says Eastspring Asset Management (Thailand).

Bangkok Post

Croda agrees £232m deal for South Korean beauty ingredients specialist

Solus Biotech set to join East Yorkshire giant's stable with expertise in high growth moisture rentention for skin and hair

Birmingham Post

Most Asian markets drop as US jobs fan rate worries

Hong Kong (AFP) - Asian markets mostly fell Monday and the dollar extended gains after a forecast-busting US jobs report fanned expectations of more Federal Reserve interest rate hikes.

AFP

Abrdn rolls out new Asia equity fund

Aberdeen Asset Management (Abrdn) is launching a new Asia equity fund focusing on Chinese and Thai stocks as it believes China's reopening will drive Thailand's tourism industry to expand substantially this year.

Bangkok Post

China’s power in Asia diminished by 'COVID-zero,' study shows

China’s standing in the Asia-Pacific has been damaged by its decision to stick with "COVID-zero" for most of 2022, leaving the U.S. to cement its position as the most influential power in the region, according to an Australian research group.

Tribune News Service

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ABC News

United States remains Asia's most powerful country followed by China, analysis says

The Lowy Institute report ranks Japan as the third most powerful country in Asia, with India following in fourth place, and shows the pandemic has slowed China's rise over the last two years.

Radio France Internationale

Mad for mangas: Asia leaves its mark on Angoulême comics fest

France’s fascination with manga comic books is booming, a trend highlighted at the Angoulême international comics festival at the end of January. Thousands of fans turned out to see Hajime Isayama, Ryoichi Ikegami and Junji Ito who hosted masterclasses and received special awards.

The Guardian - AU

Australia’s diplomatic influence in Asia on the rise as ALP advances interests abroad

Lowy Institute ranks country sixth overall in the Asia Power Index, behind US, China, Japan, India and Russia

Asharq Al-Awsat

Saudi ‘Arheb’ Offers Smart Shared Transport Solutions, Preserves Saudi Environment

Saudi Arabia’s “Arheb” transportation platform will connect drivers and passengers wishing to travel together between the country’s governorates and cities, in addition to neighboring Gulf and Arab countries. Arheb ensures the lowest cost of transportation for users and provides weekly and monthly packages for employees and students at competitive prices.…

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Caixin Global

Fugitive Hong Kong Mogul Auctions Up to $2 Million in Luxury Handbags

Joseph Lau Luen-hung is selling 77 rare Hermès bags in the largest single-owner handbag sale ever held in Asia, according to Sotheby’s

inkl Originals

The Weekly Wrap for Saturday, 4 February 2023

Asia's richest man has watched a quarter of his fortune evaporate in a week. An industrial empire is teetering. And it's all because of one teeny-weeny little memo.

AFP

Stocks drop on tech concerns, before jobs data in US

London (AFP) - European and Asian stock markets mostly dropped Friday, hit by concerns for the US tech sector after poorly-received earnings.

Evening Standard

Pizza and spag bol? How Susie Lau’s recent trip to Thailand went horribly wrong

Tempted by sun, sand and long overdue truly spicy Thai, Susie Lau flies halfway around the world and ends up with a limp slice of pizza and plate of spag bol

AFP

India's Adani denies rise due to Modi as shares fall again

Mumbai (AFP) - Beleaguered Indian tycoon Gautam Adani denied Friday that his rise to become Asia's richest man -- a title he has lost in a phenomenal stock rout -- was due to Prime Minister Narendra Modi, as shares in his conglomerate fell again.

Reuters

Olympics-Russians' Asian route to Games not yet final-IOC's Lalovic

A proposed Paris 2024 Olympics qualification route for Russian and Belarusian athletes through Asian events has not been finalised or agreed, the United World Wrestling President Nenad Lalovic said on Friday.

Bangkok Post

China warns Philippines over US bases deal

China has asked the Philippines to avoid being "taken advantage of" by the United States after the Southeast Asian nation agreed to give US military forces access to four new bases.

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