Page 3 - Asia

Asian countries look to buy more US oil, gas to offset trade imbalance

Many Asian countries run large trade surpluses with the United States and are also major energy importers

Here is why South Korea's ex-President Yoon could face death penalty

South Korean President Yoon Suk Yeol was removed by the Constitutional Court following his declaration of martial law. He appeared at his criminal trial on Monday facing rebellion charges

Climate shocks could cause 6% economic loss in Asia-Pacific: UN report

While the Asia-Pacific region contributed 60 per cent of global economic growth in 2024, many of its countries are poorly prepared for climate shocks, according to the report

Singapore Sling! The city-state offers a mix of old and new effortlessly

Singapore is a seamless blend of modern urban sophistication with lush, accessible green spaces and rich cultural diversity. Visit Singapore if you are looking for a safe and secure country to travel

Donald Trump has companies in Europe and Asia walking DEI tightrope

Companies from Roche Holding AG to Nissan Motor Co. have backpedaled on DEI policies in the US

WHO emphasises on rights, equality, empowerment on Intl Women's Day

Saima Wazed, Regional Director for WHO South-East Asia, emphasised that the South-East Asia's growth and development is "inextricably linked" to the health and wellness of women

China sees decline in private jets as new Asian wealth hubs emerge

At the end of last year there were a third fewer private jets based in mainland China, Hong Kong and Macau than the 2017 peak of 481 planes

Significant rise in flood frequency in High Mountain Asia since 2000: Study

The frequency of floods in High Mountain Asia (HMA) has increased significantly since 2000 due to climate change, according to a new study. The study, conducted by a team of scientists including environment expert Sonam Wangchuk, analysed 1,015 floods since 1950. Since 1950, the region's average temperature has shown a steady rise, warming at a rate of 0.3 degrees Celsius per decade. Meanwhile, precipitation patterns have changed in complex ways, both in terms of location and timing, the scientists said. They said this rapid warming, combined with shifting rainfall patterns, is affecting the region's water cycle and increasing flood risks. "In terms of temporal trends, the frequency of recorded flood events since 2000 has generally increased compared to the earlier period, with pluvial floods and snowmelt floods exhibiting a more considerable rise," the authors said. "The study confirms that flood frequency has risen, but a key additional finding is a rise in the unpredictability

OpenAI CEO Sam Altman's Asia trip could be a rush to counter DeepSeek

Altman, who is on a whirlwind tour of several countries, including Germany, Japan, South Korea, and the United Arab Emirates, is likely to land in India late on Tuesday night

Morgan Stanley's bonus payouts for star Asia bankers to jump by up to 50%

The jump in the bonus payouts in the region will come after the Wall Street firm saw its new CEO Ted Pick wrap up a strong first year

Shares of Asian car and battery makers decline as Trump gets to work

The volatility in Asian shares within hours of Trump's inauguration highlights how policy shifts under Trump could squeeze big manufacturers in some of Washington's closest allies in the region

Asian nations look to buy more US fossil fuels to make Trump happy

The re-elected populist leader has threatened tariffs against a number of nations that have trade surpluses with the US

Tata Capital raises $400 mn via maiden dollar-denominated bond issue

The non-banking finance company will pay a coupon of 5.3890 per cent on what is its maiden dollar-bond issue

Tibet earthquake underscores seismic risks for dams in Asia's highlands

Earthquakes have damaged dams in the past, particularly by setting off landslides and rockfalls

Apollo plans to expand in Japan, add staff to its Asia wealth business

The New York-based asset manager aims to add around 10 people in Japan to accelerate its expansion in the country

Morgan Stanley plans to hire more Asia wealth relationship managers

The firm's 140 relationship managers in the region could grow to 200 over the next few years, said Vincent Chui, head of wealth management for Asia Pacific

Harris to travel to Asia, Mideast, Europe during her final week in office

Vice President Kamala Harris plans to close out her term with an around-the-world trip making stops in Singapore, Bahrain and Germany, her office said. The trip, which is scheduled to last from Jan 13 to Jan 17, will be a final opportunity for Harris to address US foreign policy challenges before Donald Trump takes office. Second gentleman Doug Emhoff is expected to join the vice president. Although she has not disclosed her next steps after losing the presidential election, the expansive travel suggests that Harris might want to continue playing a role on the global stage. There's also speculation that Harris could run for governor of her home state of California. Dean Lieberman, Harris' deputy national security adviser, said in a written statement that "the vice president felt it important to spend some of her final days in office thanking and engaging directly with US service members deployed overseas, which as she has said, has been one of her greatest privileges as vice ...

Asia's middle-class growth slows, keeping the 'Asian Dream' out of reach

There is no concrete definition of what such a dream with Asian characteristics means, but inspiration could come from the American Dream, a term coined by writer James Truslow Adams in 1931

'Embers of the Hands': Barraclough uncovers untold stories of history

People love the blood-soaked sagas that chronicle the deeds of (actual) Vikings. They love what Barraclough calls the "soap opera lives" of Norse gods

Blinken heads to Asia, Europe on last expected trip as top US diplomat

US Secretary of State Antony Blinken will embark on what is expected to be his final overseas trip in office this weekend, travelling to South Korea, Japan and France. The State Department announced Friday that Blinken would visit Seoul, Tokyo and Paris beginning Sunday. He will return to Washington early Thursday in time to attend the funeral services for former president Jimmy Carter, officials said. In South Korea, which is in the midst of a political turmoil following the impeachment of President Yoon Suk Yeol, and Japan, Blinken intends to highlight the expansion of US cooperation with both nations as part of the Biden administration's Indo-Pacific strategy. That strategy is primarily intended to blunt Chinese ambitions in the region but also to deter the nuclear threat from North Korea. Political developments in South Korea, however, after Yoon declared martial law and was later impeached, have raised questions about the stability of Washington-Seoul relations. The US has tak