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The Latest Breaking News from Asia

AISL to launch luxury estate next to school

Asia International School Limited (AISL), the operator of Harrow International Schools, will launch a super-luxury housing project worth 6.5 billion baht next to its school in the Don Mueang area of Bangkok through a joint venture with property developer Koon Estate Co.

Bangkok Post

Who is Gautam Adani? Asia's richest man is losing billions, fast

A history of financial fraud accusations may be catching up to India's biggest industrialist.

Fortune

After turbulent year, UBS upbeat with eye on Asia

Zurich (AFP) - Swiss banking giant UBS voiced optimism for 2023 on Tuesday, hoping that higher interest rates and a swelling business in Asia would boost its results following a turbulent 2022.

AFP

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Struggling Billionaire Gautam Adani Scores Crucial Victory

The empire of Asia's richest man's is facing fraud allegations from a short-seller. These caused a market rout of the shares of the group's entities.

The Street

Adani $2.5B share sale pushes through amid fraud claims

The closely watched $2.5 billion share sale launched by Asia’s richest man, Gautam Adani, has been fully subscribed, bucking expectations after a turbulent week in which the conglomerate’s shares plunged in a tussle with a U.S. short-seller

The Independent UK

Richest Asian, Adani, targeted in $68B stock market rout

Asia’s richest man, Gautam Adani, has seen his companies shed $68 billion in market value in the past week after short-selling firm Hindenburg Research accused him of “pulling the largest con in corporate history.”

The Independent UK

Gautam Adani clings to position as world's richest Asian after Hindenburg report

The Adani stock rout is so bad that it's even knocked India out of the world's top five largest equity markets.

Fortune

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Asian markets take fresh hit as nervous traders await Fed meeting

Hong Kong (AFP) - Asian markets sank Tuesday following a big selloff on Wall Street and ahead of a key Federal Reserve policy decision later in the week, while data showing a bounce in Chinese economic activity failed to lift the mood.

AFP

NATO chief wants firmer ties with Japan to defend democracy

NATO Secretary-General Jens Stoltenberg, in Japan as part of his Asia tour, said “our security is closely interconnected” and called for stronger ties with Japan as Russia’s war on Ukraine has made the world more dangerous and unpredictable and believers of democracy and freedom need stronger partnerships

The Independent UK

Malaguti Presents The Specter GP 125 Commuter For The European Market

RideApart

Asian markets fluctuate ahead of Fed meeting

Hong Kong (AFP) - Asian markets drifted Tuesday as investors bided their time ahead of a key Federal Reserve policy decision later in the week, while data showing a bounce in Chinese economic activity failed to excite.

AFP

AIA presses on with portfolio diversification

AIA, Asia's largest publicly-listed life insurance and securities group, is looking to expand its portfolio to logistics and real estate-related projects in markets such as Thailand amid economic uncertainties.

Bangkok Post

Fed set to slow down rate rises this year

The US Federal Reserve is likely to lift interest rates by just 0.75% this year amid improving economic figures, benefiting Asian stock markets as well as high-risk assets, investment company Principal Asset Management said yesterday.

Bangkok Post

Japan, Greece step up security ties as 'strategic partners'

Japanese Prime Minister Fumio Kishida and his Greek counterpart, Kyriakos Mitsotakis, have agreed to strengthen their security, defense and economic ties and pledged to cooperate in responding to Russia’s invasion of Ukraine and other threats in Europe and Asia

The Independent UK

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The Street

Asia's Richest Man's Stock Market Bloodbath Continues

Indian billionaire Gautam Adani sees his conglomerate lose tens of billions of dollars in three trading sessions.

AFP

Asian markets lose ground as traders await rate decisions

Hong Kong (AFP) - Asian stocks mostly fell Monday as traders struggled to maintain momentum from last week's rally, though Shanghai advanced as mainland Chinese markets reopened after a week-long Lunar New Year break.

The Independent UK

Adani accuses short-seller Hindenburg of attacking India

India’s Adani Group, run by Asia’s richest man, has hit back at a report from U_S_-based short-seller Hindenburg Research, calling it “malicious”, “baseless” and full of “selective misinformation.”

The Independent UK

Asian shares mixed after last week's gains on Wall Street

Shares are trading mixed in Asia after Wall Street benchmarks closed higher on Friday, capping a third week of gains out of the last four

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AFP

Asian markets mixed as traders await rate decisions

Hong Kong (AFP) - Asian stocks were mixed Monday as traders struggled to maintain momentum from last week's rally, though Shanghai advanced as mainland Chinese markets reopened after a week-long Lunar New Year break.

Bangkok Post

Blackpink In Your Area Pop-up Store & Exhibition at Iconsiam

Blinks have until Feb 7 to enjoy Blackpink's biggest pop-up store in Asia at Iconsiam on Charoen Nakhon Road. ‘Blackpink In Your Area Pop-up Store & Exhibition ‘ occupies 1,200sqm in the Iconsiam Attraction Hall on the sixth floor. It's dubbed as a word-first exhbition of Blackpink's official (and adorable)…

Reuters

NATO's Stoltenberg in South Korea to deepen ties in Asia

NATO Secretary General Jens Stoltenberg arrived in South Korea on Sunday, the first stop on a trip that will include Japan and is aimed at strengthening ties with the U.S. allies in the face of the war in Ukraine and rising competition with China.

Asharq Al-Awsat

Egypt’s Sisi Visits Azerbaijan as Part of Asia Tour

Egyptian President Abdul Fattah al-Sisi arrived in Azerbaijan on Friday as part of a tour of Asia that has so far taken him to India. Presidency spokesman Bassam Rady said the visit to Baku aims to bolster the unique ties that bind their countries. Sisi will meet with President Ilham…

Bangkok Post

Business is booming for BDMS

From its origins owning a small hospital 50 years ago, today Bangkok Dusit Medical Services (BDMS) has become the largest hospital network in Asia-Pacific.

Bangkok Post

Southeast Asia poised to scale up digital drive

Digital development is likely to be scaled up in Southeast Asia this year, defying a global economic slowdown and the headwinds of monetary tightening, says London-based think tank Asia House.

Bangkok Post

SET gains as Asian bourses enjoy upbeat week

RECAP: Asian stocks rose on Friday and were poised for their fifth straight week of gains as China's reopening and data highlighting a resilient US economy boosted investor sentiment.

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