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The Latest Breaking News from Asia

Asian stocks mixed, oil falls as Russian attacks intensify

Stocks are mixed in Asia and oil prices have fallen as uncertainty over the war in Ukraine and persistently high inflation keep investors guessing about what lies ahead

The Independent UK

Geopolitics and the Ukraine conflict

Vladimir Putin and Xi Jinping have forged a new partnership in Eurasia. How will that shape the global future?

Salon

How oil’s historic surge is impacting Asia stock markets

The historic surge in oil is reshaping the outlook for Asian equity and currency markets, as the specter of prolonged high prices exposes the vulnerability of energy-dependent countries.

Bangkok Post

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Russia Seeks Indian Investment in its Oil and Gas Sector

Russia urged India to deepen its investments in the sanction-hit country's oil and gas sector, and is keen on expanding the sales networks of Russian companies in Asia's third-largest economy. Russia's economy faces its deepest crisis since the 1991 collapse of the Soviet Union, as the West imposes severe sanctions…

Asharq Al-Awsat

Lessons from Asia’s outcasts: how isolation could hit Russian football

Russia has in the past been courted by Asia, but now it is set to get more than a taste of what Iran, North Korea and Myanmar have been dealing with

The Guardian - UK

Up to 10,000 Asian migrant workers die in the Gulf every year, claims report

Campaigners say not enough is being done to prevent loss of life and the causes of death are not being properly investigated

The Guardian - UK

Asian shares sink as war, inflation hold sway on markets

Shares have fallen in Asia as uncertainty over the war in Ukraine and persistently high inflation keep their sway over markets

The Independent UK

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AP Week in Pictures: Asia

March 4-10, 2021

The Independent UK

A culinary icon

Jeong Kwan, a South Korean Buddhist nun in a temple located on the edge of Naejangsan National Park, was recently the recipient of Asia's 50 Best Icon Award for 2022.

Bangkok Post

Biden gets a new friend in Asia to take on China, North Korea

Joe Biden may have a new friend in Asia, with South Korea’s presidential-elect preparing a foreign policy reboot that more closely aligns with the U.S. president’s views of China.

Tribune News Service

What is the Commonwealth as its 75th anniversary approaches?

Commonwealth Day is held in March and another significant milestone is set to be celebrated

Evening Standard

Asia stocks surge, Europe opens lower after oil prices rise

Asian markets have surged while Europe opened lower after oil prices recovered some of a decline the day before that had eased inflation fears

The Independent UK

Singapore to open to all vaccinated travellers

Singapore aims to open to all travellers who are fully vaccinated against Covid-19 sooner rather than later as the Asian country targets restoring passenger volumes to at least 50% of pre-Covid-19 levels this year, Transport Minister S Iswaran said on Thursday.

Bangkok Post

Prince William caught in social media storm after comments about Ukraine war

The second in line to the throne spoke to volunteers at Ukrainian cultural centre

The Independent UK

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Bangkok Post

‘Asia for Asia’ - powering the growth of supply chain networks in the region

Network configuration, facility location and building specifications are key considerations for optimisation of supply chains. South East Asia and India set to be rising stars while Thailand is the leading market for logistics efficiency among five key emerging markets.

Reuters

Factbox-Where S.Korea's conservative president-elect Yoon Suk-yeol stands on the issues

Conservative Yoon Suk-yeol was elected South Korea's president on Wednesday in one of the closest fought races in recent history which will shape Asia's fourth-largest economy for the next five years.

Reuters

S.Korea elects conservative outsider as president in tectonic shift

Conservative South Korean opposition candidate Yoon Suk-yeol rode to victory in a tight presidential election on a wave of discontent over economic policy, scandals and gender wars, reshaping the political future of Asia's fourth-largest economy.

Benzinga

Oatly Group Posts Mixed Q4 Results; FY22 Outlook Lags Consensus

Oatly Group AB (NASDAQ:OTLY) reported fourth-quarter FY21 sales growth of 46.3% year-on-year, to $185.93 million, beating the consensus of $174.22 million. Revenue in the Americas jumped 96.5% Y/Y to $55.5 million, EMEA rose 14.1% to $88.9 million, and Asia grew 97.9% to $41.6 million. The gross margin contracted by 1,180 basis points to…

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Benzinga

PlantFuel Expands Distribution into East Asia with the Largest E-Commerce Retailer in South Korea Coupang

Plant-based wellness brand PlantFuel continues its global expansion through international distribution partnership with Coupang

The Independent UK

Airspace bans: where are they and how are they disrupting travel?

As the UK makes it a criminal offence for Russian aircraft to breach its airspace ban and airlines the world over re-route their Europe to Asia flights, these are the chief effects of the new ‘Cold War of the Skies’

Bangkok Post

Asia braces for growth hit from Ukraine-driven inflation shock

An oil-driven inflation shock triggered by the war in Ukraine is forcing Asia's policymakers to rethink their assumptions for 2022, with the risks of weak growth coupled with surging prices adding unwanted complexity to monetary setting plans.

Al Jazeera

In Thailand, businesses feel economic shock of Ukraine war

Countries across Asia are bracing for rising inflation and supply chain disruptions amid sanctions against Russia.

Axios

Russian sanctions drive fresh focus on Asia semiconductor reliance

Some lawmakers have sent a letter urging a renewed focus on China — and America’s reliance on semiconductors from Asia.

Reuters

South Korean opposition candidate Yoon elected president

South Korea's opposition presidential candidate Yoon Suk-yeol was projected to win Wednesday's election, broadcaster KBS said, with nearly 90% of votes counted, a race that will shape Asia's fourth-largest economy for the next five years.

Bangkok Post

Virtual job fair targets tech sector

Good news for job seekers wishing to work with top tech companies in Asia. More than 1,000 tech and digital companies are looking for staff at "Asia's Biggest Virtual Career Fair" which is running until Friday.

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