The Latest Breaking News from Asia

US funding provides humanitarian assistance to a region vulnerable to natural disasters and support for pro-democracy activists battling repressive regimes

Asian equities were mixed in another holiday-thinned trading day Thursday, with investors digesting broadly positive tech earnings that came days after the upheaval caused by China's DeepSeek explosion onto the global AI scene.

Asian markets rose in holiday-thinned trade Wednesday, tracking a rally on Wall Street, where tech titans led by Nvidia recovered some of their hefty losses a day earlier as worries over Chinese AI startup DeepSeek subsided.

Hundreds of millions of people across Asia celebrate the Lunar New Year with their families on Wednesday, as they bid farewell to the Year of the Dragon and usher in the Year of the Snake.

In the Chinese zodiac, 2025 is the Year of the Snake

Lunar new year is the most important traditional festival for the Chinese people, symbolising unity, prosperity and hope for the future. It is, however, celebrated all over Asia and in the diaspora.

While folks in the US might not give too much thought about scooters, over in Asia, these light and nimble two-wheelers are absolutely necessary. They’re quite literally everywhere—zipping through tight streets, weaving through traffic, and carrying all sorts of things scooters don’t really have any business hauling.

Red envelopes, known as hongbao in Mandarin, are a cherished cultural tradition in China and many other parts of Asia.

Trump calls emergence of DeepSeek a ‘wake-up call’ amid doubts about sustainability of western artificial intelligence boom