The Latest Breaking News from Asia

Markets in Asia were also struggling earlier in the morning, with shares in Hong Kong falling by more than 3 per cent

The two cities have set up new fund structures to lure wealth away from traditional offshore financial centres

UBS’s merger with Credit Suisse has been welcomed internationally

Turkish President Recep Tayyip Erdogan and Ukrainian officials say an unprecedented wartime deal that allows grain to flow from Ukraine to countries in Africa, the Middle East and Asia where hunger is a growing threat and high food prices are pushing more people into poverty has been extended

Asia-Pacific banks are resilient to risks related to the failures of their US peers, says Fitch Ratings, noting that regional banks have limited direct exposure to Silicon Valley Bank (SVB) and Signature Bank.

ISIS-K, the Islamic State - Khorasan Province has developed capabilities in Afghanistan that enable it to attack West interests in Eurasia, said US Army General Michael Kurilla

Since 2001, 7% of the habitat has been lost globally due to logging, wildfires and agriculture, scientists report

Snooker has made a change to its prize money ruling and the Australian is not happy with the new financial implications, especially with the impact it will have on lower-ranked players

Shares have advanced in Asia, tracking a rally on Wall Street after a group of big banks offered a lifeline to First Republic Bank, the lender investors had focused on in their hunt for troubles in the banking industry

March 10-16, 2023

Asian stock markets rise after moves to shore up confidence in troubled banks in Europe and the United States.