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The Latest Breaking News from Asia

Asian shares mostly sink on jitters after US bank failure

Asian shares have mostly fallen, shaken by a Wall Street tumble that set off worries the biggest U.S. bank failure in nearly 15 years might have ripple effects around the world

The Independent UK

‘Russia has lost its soft power’: how war in Ukraine destabilises old Soviet allies

Protests in Georgia last week were just the latest indication of how Putin’s disastrous invasion has damaged relations with former Eastern bloc nations

The Guardian - UK

Bleak economic view for Asia

Thailand and China are among the lone bright spots in Asia, projected to have higher real GDP growth this year even as the rest of the region is battered by unfavourable global economic conditions and geopolitical tensions, according to global trade insurer Atradius.

Bangkok Post

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US, China face off on economy amid deepening tensions

US President Joe Biden unveils a $6.8 trillion budget proposal with key provisions aimed at boosting American competitiveness against China, while Beijing rails against economic containment and suppression. Plus, a sell-off in US bank shares sparked by a run on a small California lender spreads to Asia and Europe as…

France 24

AP Week in Pictures: Asia

March 3-9, 2023

The Independent UK

Switching off by switching on

People across Asia are increasingly switching downtime pursuits into "uptime" opportunities, according to a study of people's digital lives by Telenor Asia.

Bangkok Post

Khawaja keeps calm and carries on batting in dramatic turn of fortunes

The Australian opener once averaged 14.62 in Asia but his first Test century in India confirms his status as the team’s most important sub-continent batsman

The Guardian - AU

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Saudi Arabia to Allocate $800 Million of Loans for Least Developed Countries

Saudi Arabia will allocate $800 million through the Saudi Fund for Development (SFD) to finance development projects for Least Developed Countries (LDCs) in regions including Africa and Asia, Minister of Economy and Planning Faisal bin Fadhil Al Ibrahim announced during the Fifth United Nations Conference on the Least Developed Countries…

Asharq Al-Awsat

LGT foresees long-term growth in Thailand

LGT Private Banking, an international private bank owned by the House of Liechtenstein, plans to continue growing business in Thailand over the longer term as it foresees greater opportunities here.

Bangkok Post

Asian bourses dip on rate hike hint

Asian stocks tumbled on Wednesday as regional currencies weakened following comments overnight by Federal Reserve chair Jerome Powell that raise the possibility the US central bank would resume large-scale interest rate hikes to tame sticky inflation.

Bangkok Post

Russian victory in Ukraine could push China to invade Taiwan, NATO chief warns

NATO chief Jens Stoltenberg warned "what happens in Europe today can happen in Asia tomorrow" suggesting that Beijing could be watching the Russia-Ukraine war closely to see how a similar invasion of Taiwan could work

Daily Mirror

WHO fires director in Asia accused of racist misconduct

The World Health Organization has fired its top official in the Western Pacific

The Independent UK

Ronnie O'Sullivan lifts lid on retirement plan ahead of World Championship defence

The Rocket made a winning start to the Six Red World Championship in Thailand, surviving a fightback from Jimmy Robertson to win his group match in the short format tournament

Daily Mirror

The one to watch in Asia

Hans Christian and Budi Cahyadi’s year-old restaurant is recognised as a rising star for its elegant and innovative Indonesia-influenced contemporary cuisine.

Bangkok Post

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The Independent UK

Asian countries have the worst air quality in the world, study finds

Only 0.001 per cent of the world’s population breathes air considered acceptable, says study

The Conversation

Africa's shift to low-cost manufacturing puts women at risk - 4 lessons from the Asian Tigers

Economists have urged African countries to shift to low-cost manufacturing – the path that led countries such as Hong Kong, Singapore, South Korea and Taiwan – to industrial prosperity. These East Asian economies – which recorded high growth rates of at least 7% between the 1950s and 1990s – are…

McClatchy Washington Bureau

‘It’s racist. It’s disgusting,’ California congresswoman says after critic questions loyalty

WASHINGTON — It’s been an unsettling, tense few days for Asian American and Pacific Islanders in Washington.

Bangkok Post

TAT unfazed by giveaways

Many countries in Asia recently announced giveaway campaigns to bolster their tourism industry, aiming to drive post-pandemic economic growth.

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Bangkok Post

Arctic Monkeys set to perform this week

Indie rock icons Arctic Monkeys will perform their first show in Thailand as part of their Asia tour, at Bitec Hall, Bang Na-Trat Road, on Thursday at 6pm.

Bangkok Post

Asia's very complicated pause in interest rates

Interest-rate pauses aren't exactly in trouble, but things are beginning to look awkward for officials eyeing a decent break. World growth isn't falling off a cliff and inflation has failed to ease up quite as expected in some big economies. The more fortitude the expansion shows, the greater the risk…

The Japan News/Yomiuri

Analysis / S. Korean Yoon prioritizes national interests, security

SEOUL -- South Korean President Yoon Suk-yeol is motivated by his belief that it is essential to improve South Korea's relationship with Japan amid the increasingly tense security situation in northeast Asia, which led to Monday's announcement of measures to resolve the issue of former wartime requisitioned workers.

Asharq Al-Awsat

Saudi Aramco Hikes Official Selling Prices of Arab Crude

Saudi Aramco has increased Official Selling Prices (OSPs) for April-loading crude to Asia, Europe, and America largely in line with expectations of oil demand recovery during the second quarter of 2023. For Aramco's key customer base in Asia, differentials for the flagship Arab Light grade were lifted to Platts Dubai/DME…

The Independent UK

Asian stocks gain after Wall Street has best day in 6 weeks

Shares are mostly higher in Asia after strong data on the U.S. economy sent Wall Street to its best close in six weeks

Bangkok Post

Asian startups can learn from IPO flops

Almost every startup, if not all, dreams of growing bigger and getting listed on the stock exchange one day.

ABC News

Asian migrants are driving an increase in badminton's popularity around Australia

Badminton is an unlikely contender in Australia's sporting landscape, but its participation numbers are growing around the county.

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