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The Latest Breaking News from Asia

Nomura Forays Into Metaverse To Tap Opportunities That Could Reach $600B By End Of Decade

Japan's leading brokerage Nomura Holdings Inc (NYSE:NMR), built a team to help firms tap opportunities in the metaverse, Bloomberg reports. Nomura joins rival Wall Street giants in exploring opportunities in the virtual reality market that could reach $600 billion by the end of the decade, Bloomberg wrote. Nomura's plans for the metaverse are…

Benzinga

East Timor celebrates independence anniversary, new leader

Former East Timor independence fighter and Nobel Peace Prize laureate Jose Ramos-Horta is being sworn in as president of Asia’s youngest country as it marks its 20th anniversary of independence

The Independent UK

How the war in Ukraine is challenging the long-sought pivot to Asia

President Biden is traveling to Japan and South Korea this week — his first trip to Asia since taking office. Like presidents before him, he's seeking to reorient U.S. foreign policy toward Asia.

WEKU

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Philippines raises rate for first time since 2018

The Philippine central bank raised its key interest rate for the first time since 2018 to combat Southeast Asia’s second-fastest inflation.

Bangkok Post

Asian shares track Wall Street's inflation-fueled retreat

Shares are sharply lower in Asia after a broad retreat on Wall Street

The Independent UK

Biden has an eye on China as he heads to South Korea, Japan

President Joe Biden's six-day trip to South Korea and Japan aims to build rapport with the Asian nations’ leaders

The Independent UK

Biden visits Japan, South Korea carrying warning to China

Joe Biden will visit Japan and South Korea on his first Asian trip as U.S. president, carrying a clear message to China, advisers and analysts say - don't try what Russia did in Ukraine anywhere in Asia, and especially not in Taiwan.

Reuters

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Stocks set to sink as bonds jump on growth fears: Markets wrap

A slump in stocks is set to continue in Asia on Thursday after mounting fears of an economic downturn hit US shares and spurred a flight to havens including Treasuries and the dollar.

Tribune News Service

Happy is an Asian elephant. But can she also be considered a person?

Through an attorney, the Bronx Zoo argues Happy is neither illegally imprisoned nor a person, but a well-cared-for elephant "respected as the magnificent creature she is."

WEKU

Biden visit to test South Korean leader’s tough talk on China

South Korean President Yoon Suk-yeol faces tricky balancing act between US alliance and trade relations with China.

Al Jazeera

Can an elephant also be considered a person? That’s what New York’s high court is being asked.

A ruling could be months away in the case involving Happy, an Asian elephant at the Bronx Zoo, that an animal rights group wants moved to a more spacious sanctuary.

Chicago Sun-Times

Global food trade show set for next week

The Department of International Trade Promotion (DITP) along with the Thai Chamber of Commerce and Koelnmesse (KM) Germany have organised THAIFEX-ANUGA ASIA, the continent's most comprehensive international food and beverage trade show, with both a physical and virtual format next week.

Bangkok Post

Biden Adviser Sullivan and China’s Yang Discuss Regional Security

President Joe Biden's national security adviser Jake Sullivan spoke by phone on Wednesday with China's top diplomat Yang Jiechi, a call focused on regional security issues and nonproliferation, the White House said. Biden will visit Asia from May 20 to 24, including South Korea and Japan, a trip aimed at…

Asharq Al-Awsat

Biden's burdens grow: Sagging global economy adds to US woes

President Joe Biden embarks for Asia on Thursday facing a new risk for the economy at home: a global economic slowdown caused by Russia’s invasion of Ukraine and the pandemic shutting down Chinese cities and factories

The Independent UK

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The Independent UK

Happy is an Asian elephant. But is she also a person?

She has four limbs, expressive eyes and likes to stroll through greenery in New York City

The Hindu

AHF not worried about Olympic qualifications

The Asian body is prepared to hold an independent qualifying event if Asian Games are not held by September 2023

The Conversation

Herbicides threaten edible weeds in Zambia -- that may be bad news for local food security

The use of herbicides – substances that control unwanted plants – is on the rise across Africa. This trend has been referred to by some researchers as the “herbicide revolution”. This trend is driven by cheap herbicides flooding into the continent from Asia and global agrochemical companies discovering Africa’s emerging…

Asharq Al-Awsat

Study: Pollution Behind 1 in 6 Global Deaths in 2019

Pollution caused some 9 million people to die prematurely in 2019, according to a new global report published Wednesday, with experts raising alarm over increasing deaths from breathing outside air and the "horrifying" toll of lead poisoning. Human-created waste in the air, water and soil rarely kills people immediately, but…

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Bangkok Post

Biden to launch Indo-Pacific economic plan in next days in Japan

US President Joe Biden will launch a long-awaited economic initiative for increasing US involvement in Asia in the coming days during his trip to the region, according to one of the cabinet officials leading the initiative.

The Conversation

A fossil tooth places enigmatic ancient humans in Southeast Asia

What do a finger bone and some teeth found in the frigid Denisova Cave in Siberia’s Altai mountains have in common with fossils from the balmy hills of tropical northern Laos?

The Independent UK

Asian shares advance despite losses on Wall Street

Shares are higher in Asia after another wobbly day on Wall Street extended a losing streak for markets

Bangkok Post

GetLinks introduces inaugural HR metaverse

GetLinks, a digital platform that connects tech workers with opportunities in Asia, has launched MetaLINKS, the first human resource (HR) metaverse in Asia dedicated to fostering financial and education inclusion for young millennials.

The Hindu

Rela named Asia head of liver transplantation society

CHENNAI

The Conversation

Just how accurate are rapid antigen tests? Two testing experts explain the latest data

As of May 2022, the U.S. is experiencing another uptick in the number of COVID-19 cases. High rates of infection in Europe and Asia, along with the continued emergence of new sub-variants, such as omicron BA.4 and BA.5, raise concerns that another surge could be on the way.

The News Lens

What a Marcos Jr Presidency in the Philippines Means for Geopolitics

The Philippines might be Asia’s oldest democracy, but the continued appetite for strongman rule demonstrates a deep ambivalence about liberal democracy’s promises of political equality and rule of law and the likely continuation of the public’s acceptance of the autocratic practices that characterized Duterte’s presidency.

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