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The Latest Breaking News from Asia

Asian shares fall on banking turmoil, recession worries

Shares have fallen in Asia as worries over turmoil in the banking sector and the risks of recession overshadowed gains on Wall Street

The Independent UK

AP Week in Pictures: Asia

March 17-23, 2023

The Independent UK

Xi and Putin meeting signals the return of the China-Russia axis and the start of a second cold war

The heirs to two of the most violent revolutions in modern history shook hands and took stock of their “comprehensive strategic partnership of coordination for a new era”, at a recent meeting in Moscow.

The Conversation

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Electric Motorcycle Firm Energica Is Expanding Operations In Asia Pacific

Italian electric motorcycle manufacturer Energica enters the Japanese and Australian markets through partnerships with local distributors.

RideApart

Jürgen Klinsmann’s reputation on the line as he dives into South Korea job

World Cup qualification in 2026 is an achievable goal but Jürgen Klinsmann needs to do more than that to make his mark in Asia

The Guardian - UK

Ukraine war has ‘profound impact’ on Asia, Blinken says, with eye on China’s ambitions

Beijing is watching ‘very carefully’ how world responds to Russian aggression, says US secretary of state

The Guardian - AU

Russia boosts defences near Japan amid US row over Asia Pacific

Moscow’s move comes after high-level visits by rivals China and Japan to both sides of the Russia-Ukraine war.

Al Jazeera

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China watching world's response to Ukraine war, has not crossed lethal aid line -Blinken

China is "very carefully" watching how Washington and the world respond to Russia's invasion of Ukraine, but has not yet crossed the line of providing lethal aid to Moscow, U.S. Secretary of State Antony Blinken said on Wednesday.

Reuters

Vimto sour cocktail and a raft of new dishes heading to favourite Asian canteen

Hello Oriental has a new spring menu

Manchester Evening News

How will rising prices hurt Ramadan celebrations?

Cheaper meat and leftovers for iftar. No new clothes for children. Yet the crisis could bring Muslim communities closer.

Al Jazeera

Bangkok business travel cost rises to $278 a day

The cost of business travel to Bangkok has risen moderately by 4%, making it the 24th most expensive destination in Asia, while Singapore ranks second after Hong Kong this year, says ECA International (ECA).

Bangkok Post

Liverpool may already have pre-season tour plan plotted out for next three years

Liverpool are understood to be likely to head to the Far East once again this coming summer

Liverpool Echo

Japan, China push opposing visions in top-level visits

Asia’s stake in Europe’s war was made crystal clear when the leaders of the region’s two richest countries sat in the capitals of Russia and Ukraine in strong shows of support for the opposing sides

The Independent UK

Nearly half of specialist doctors in England and Wales born outside UK – census

People born in the Middle East and Asia account for more than a quarter of all specialist GPs, figures show.

The Independent UK

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The Independent UK

IMF to assess Sri Lankan governance as part of $3B bailout

The International Monetary Fund says it is assessing Sri Lanka's governance in the first case of an Asian country facing scrutiny for corruption as part of a bailout program

Al Jazeera

Hong Kong struggles to win back tourists, ‘World City’ crown

Chinese territory welcomed just 500,000 visitors in January, compared to 6.8 million arrivals in 2019.

Wallpaper

Art Basel Hong Kong 2023: can the city’s art scene bounce back?

Art Basel Hong Kong 2023 is about to kick off following years of restrictions. Catherine Shaw explores what we can expect in and around this year’s fair (23-25 March 2023), and whether Hong Kong can bounce back to reclaim the title of ‘Asia’s art hub’

The Guardian - UK

UK and US shares climb as banks and ministers aim to calm Credit Suisse fears

FTSE 100 rises and European banking shares are up after early jitters over what UBS takeover deal means for bondholders

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The Independent UK

FTSE 100 falls after Credit Suisse sold to UBS in emergency rescue deal

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

Financial Times

Singapore and Hong Kong vie to be the Caymans of Asia

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

The Independent UK

Credit Suisse news – latest: Asia markets down after UBS offers to buy crisis-hit bank

UBS’s merger with Credit Suisse has been welcomed internationally

The Independent UK

Russia, Ukraine extend grain deal to aid world's poor

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

Bangkok Post

Regional banks safe from US contagion

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.

Daily Mirror

ISIS could launch attack in tourist hotspots 'within six months' with terrorists on rise

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

The Guardian - UK

‘Alarming’ rate of mountain forest loss a threat to wildlife

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

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