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The Latest Breaking News from Asia

China seeks to tone down assertive diplomacy that ‘backfired,’ US official says

WASHINGTON — China’s assertive diplomacy in recent years has “backfired” and Beijing now seeks a more predictable relationship with the U.S. as the country’s economy slows and the government tries to loosen its strict COVID-19 curbs, the Biden administration’s top Asia official said.

Tribune News Service

AP Week in Pictures: Asia

Dec. 2-8, 2022

The Independent UK

Number of non-English speakers in U.S. soared since 1980

Major shifts in immigration from Latin America and Asia have transformed the nation's linguistic diversity.

Axios

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U.S. says China seeks stabilized relations with Washington, in short term

China wants stabilized relations with the United States in the short term as it faces domestic economic challenges and push back in Asia to its assertive diplomacy, White House Indo-Pacific coordinator Kurt Campbell said on Thursday.

Reuters

World shares mixed ahead of U.S. jobless, inflation data

Shares are mixed in Europe and Asia ahead of the release Thursday and Friday of U.S. jobless and inflation data

The Independent UK

Osaka plans for its casino debut

LONDON: Japan’s second-largest metropolitan area aims to attract gamblers from South Korea, Taiwan and Southeast Asia to its planned casino-resort as Covid-19 curbs in China have cut the flow of tourists, the region’s leader said.

Bangkok Post

Asian teams 'getting closer' despite Cup knockout blows

Doha: Asian teams came crashing back down to earth in the World Cup last 16 but the region still enjoyed its best-ever tournament to suggest it is closing the gap on the global elite.

Bangkok Post

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Lanarkshire curry house takes 'Nepalese restaurant of the year' title

The Wee Gurkha Curry House came out on top at this year's Scottish Asian Food Awards

Daily Record

Penny Wong's Washington DC speech to focus on US engagement with Asia and avoiding conflict with China

Senator Wong will urge the Biden administration to ramp-up economic engagement with Asia, while pressing Beijing to back Mr Biden's call for "guardrails" to avoid potential US-China conflict.

ABC News

Vietnam shifts gears on arms trade as it loosens ties with Russia

Vietnam is eyeing a major defence shift as it seeks to reduce its reliance on Russian arms and launch a push to export locally made weapons, officials and analysts said, with possible buyers in Africa, Asia - and potentially even Moscow.

Reuters

BCPG assembles Asia's largest wind farm in Laos

BCPG Plc, the renewable power generation arm of Bangchak Corporation Plc, is planning to build Asia's largest wind farm in Laos in cooperation with PowerChina International.

Bangkok Post

US sticking with North Korea policy despite series of missile tests

WASHINGTON — The Biden administration is not about to change its long-standing North Korea policy and will continue to focus on deterrence and stronger ties with Asian allies, a senior White House official said, despite leader Kim Jong Un’s unprecedented barrage of missile tests in recent months.

Tribune News Service

BCPG preps Asia's largest wind farm in Laos

BCPG Plc, the renewable power generation arm of Bangchak Corporation Plc, is planning to build Asia’s largest wind farm in Laos in cooperation with PowerChina International Group.

Bangkok Post

Asian shares lower as strong data hit hopes for dovish Fed

Stocks are mostly lower in Asia after Wall Street pulled back as surprisingly strong economic reports highlighted the difficulty of the Federal Reserve’s fight against inflation

The Independent UK

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Al Jazeera

Asian, African fans relish ‘affordable’, close-to-home World Cup

Proximity and ease of access have allowed fans who can’t afford travel to the West to finally live their dreams.

Motor1

BMW Starts Production Of Sedans And SUVs In Vietnam

This is the company's sixth production location in Asia.

The Guardian - UK

World Cup 2022 briefing: Asia’s finest take aim at Croatia and Brazil

Japan and South Korea could meet in the quarter-finals if they make it through. Could we even see Asia’s first winner?

ABC News

How Sri Lanka went from training in the dark to 2022 Asian Netball Championship winners

Sri Lanka won this year's Asian Netball Championships, but COVID-19 and economic hardship made the journey far from ideal.

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Bangkok Post

Global goods trade forecast to shrink in 2023

The global goods trade will shrink next year in a downturn reminiscent of previous recessions, Oxford Economics said, in a worrying forecast for Asia’s export-dependent economies and beyond.

The Guardian - UK

Diverse World Cup knockout stage a leap forward for Africa and Asia

Every inhabited continent is represented at the last 16 in Qatar, aided by a crop of tactically smart, quick-thinking coaches

Bangkok Post

Easing of Chinese Covid curbs lifts equity sentiment

RECAP: Asian shares were mixed yesterday as investors were heartened by the possible easing of Covid curbs in China, while they awaited job figures in the United States that could determine whether the Federal Reserve will start to moderate its interest-rate increases as widely expected.

The Independent UK

Hwang Hee-Chan strikes dramatic winner to send South Korea through after beating Portugal

South Korea 2-1 Portugal: Despite an early lead through Ricardo Horta, the Asian nation turned things around to reach the World Cup knockouts at Uruguay’s expense in the most incredible fashion

Bangkok Post

Crypto exchange Zipmex set for $100m buyout

The embattled cryptocurrency exchange Zipmex Asia is poised to be acquired by a venture capital fund for about US$100 million in digital coins and cash, one of the first rescues in Asia since a wave of defaults ripped through the sector.

Fortune

Japan reports lowest births on record amid Asia's baby bust

Japan's demographic problems are now faced by other Asian economies like mainland China, South Korea and Hong Kong.

The Independent UK

Asian shares sink on revived worries over recession, China

Shares have retreated in Asia after a mixed day on Wall Street

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