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The Latest Breaking News from Asia

North Korea says U.S. is setting up Asian NATO; vows stronger defence

North Korea has accused the United States of setting up a military alliance like NATO in Asia, saying the unwavering U.S. aim to oust North Korea's government compelled it to develop stronger defences.

Reuters

Viral video of racist incident at Mills 50 restaurant reflects rising anti-Asian abuse

Even as Kristen Nguyen recorded a customer directing racist and abusive comments at her, she didn’t plan to post the videos. She hoped that if the woman knew she was being recorded, the diatribe would end.

Orlando Sentinel

Citi bullish on Thailand

Global economic headwinds notwithstanding, prospects for the Thai economy remain bright, according to Peter Babej, Asia-Pacific chief executive officer for Citi.

Bangkok Post

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Russia's Putin to make first foreign trips since launching Ukraine war

Vladimir Putin will visit two small former Soviet states in central Asia this week, Russian state television reported on Sunday, in what would be the Russian leader's first known trip abroad since ordering the invasion of Ukraine.

Reuters

Sri Lankan group latest to arrive as China opens borders to Asian students

China is gradually allowing more students from Asian nations to return, over two years after closing its borders to most foreigners under a strict zero-Covid strategy. However, it is not clear when those from the West can also come back.

Bangkok Post

Aviation industry upbeat on outlook for H2

The aviation industry is finally seeing signs of optimism as it tries to rebound from a major crisis, although the recovery path appears to be uneven across the globe, particularly in Asia-Pacific as a result of remaining restrictions.

Bangkok Post

Eka Global follows through on a package deal

After getting off to a bumpy start many years ago, local plastic packaging company Eka Global is now aiming to become the largest producer of longevity packaging in Asia within five years.

Bangkok Post

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Executives point to challenges women face from Covid

Leading male executives from PwC, 3M and B.Grimm Power discussed the impact of Covid-19 on the workforce and shared insights on maintaining diversity and strong teams yesterday at a 2022 Global Summit of Women (GSW) forum held in Bangkok entitled "Managing during uncertainties".

Bangkok Post

Meta's Biggest Rival Posts Visible Success On Gaming Foray Despite Bigger Rivals Like Tencent, NetEase

TikTok parent ByteDance Ltd's gaming foray exudes promise as spending across its mobile titles grew over the past year, according to Sensor Tower. The report highlighted TikTok owner generated $1 billion of player spending across its mobile games as of the year ended June 20, 2022, up 16% year-on-year. ByteDance had set…

Benzinga

Asia LNG spot prices continue rising

LONDON: Asian liquefied natural gas (LNG) spot prices continued its upward trend this week as fears of further market tightening following a major outage at a Freeport plant and reduced Russian gas flows to Europe pushed buyers to cover short-term needs.

Bangkok Post

Merck/Seagen Potential Deal Talks Pick Up Speed: WSJ

Merck & Co Inc (NYSE:MRK) is pushing forward with a potential deal for Seagen Inc (NASDAQ:SGEN), Wall Street Journal reported, citing people familiar with the matter. The Journal mentioned that the deal could be one of the largest takeovers of the year. The Wall Street Journal reported last week that Merck was in talks to…

Benzinga

Liverpool and Manchester United heading for Bangkok – at a big cost

Clubs’ pre-season clash is too expensive for some local fans with prices at least 60 times higher than for a domestic game

The Guardian - UK

'Excitement' as shareholders at major Nottinghamshire firm back £1.1bn sale

The firm also operates offices in Asia, USA and Scotland

Nottingham Post

Asian shares gain as investors shrug off downbeat data

Shares are higher in Asia despite data suggesting economies are slowing

The Independent UK

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Asharq Al-Awsat

Asian Markets Rise as Recession Talk Tempers Rate Hike Expectations

Stocks rose in Asia on Friday following another rally on Wall Street as investors try to process central bank moves to fight soaring inflation with the growing possibility that those measures will induce a recession. Global markets have been thrown into turmoil for months by a perfect storm of crises…

The Independent UK

AP Week in Pictures: Asia

June 17-23, 2022

ABC News

Alex Davies's magical moment is a shining light for Asian-Australian representation in the AFL

It would bring a tear to any fan's eye, but Alex Davies's magical moment wasn't just heartwarming - it was an important milestone for Asian-Australian's in the AFL.

France 24

Cashew processing a tough nut to crack for Ivory Coast

Ivorian cashew processors face an uphill battle. Their bid to expand into processing faces competition from Asia. Also, Mali is sanctioned but Senegal loses out. The economic interdependence between the neighbours has left Senegalese traders struggling to cope with the knock-on effects of penalties imposed on Bamako. And amid months…

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The Conversation

Friday essay: if growing US-China rivalry leads to 'the worst war ever', what should Australia do?

Should Australia join the United States in a war against China to prevent China taking the US’s place as the dominant power in East Asia? Until a few years ago the question would have seemed merely hypothetical, but not anymore.

Al Jazeera

Why are some nations neutral on the Russia-Ukraine war?

Countries in Asia, Africa and the Middle East have refused to isolate Moscow, despite the EU’s lobbying efforts.

Asharq Al-Awsat

Markets Fluctuate, Oil Falls again as Recession Warnings Build

Asian markets struggled Thursday to recover from the previous day's battering, while oil extended losses, after Federal Reserve boss Jerome Powell admitted the economy could tip into recession as the bank hikes interest rates to fight runaway inflation. Soaring prices and central banks' battle to rein them in have sent…

Bangkok Post

Dealing with decades of disruption

Business disruptions over the past decade have forced many enterprises to adjust their operations to ensure they survive and strive for future growth, according to corporate and media leaders.

The Independent UK

Nato summit to host Asia-Pacific leaders for first time in show of ‘democratic’ unity aimed at Russia and China

‘Russia obviously continues to be the most serious and immediate threat to the alliance, but the strategic concept will also addressed the multifaceted and longer term challenges posed by the PRC to Euro-Atlantic security’

Bangkok Post

Global summit rings the bell for women

To open the market and mark the start of the three-day Global Summit of Women 2022 in Bangkok, female business leaders rang the opening bell at the Stock Exchange of Thailand. The summit examines the importance of women in the private sector and sheds light on gender diversity and equality…

Benzinga

Here's How Alibaba Is Reaping Benefits Of Overseas Infra Investments As Domestic Crackdowns Continue To Pinch

Alibaba Group Holding Limited (NYSE: BABA), through its Pakistan e-commerce subsidiary Daraz, expanded its reach across Bangladesh, Sri Lanka, Nepal, and Myanmar, becoming South Asia's largest e-commerce company outside India,

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