Page 3 - Asia

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

Europe, Asia's factories end 2024 on weak footing as Trump 2.0 risks mount

U.S. President-elect Trump has pledged to impose tariffs across the board, with bigger barriers on imports from three major trading partners - Mexico, Canada and China

Asia's factories end 2024 on weak footing as Trump 2.0 risks loom large

US President-elect Trump has pledged to impose big tariffs on imports from three major trading partners Mexico, Canada and China

Asian LNG prices set to increase after Russia-Ukraine transit ends

Ukraine hopes increased supply of gas from the US and other producers to Europe will make prices more comfortable

Syngenta signs $ 4.5 bn sustainability-linked loan, Asia's largest in 2024

Borrowers in Asia-Pacific excluding Japan have raised $57 billion-equivalent of such facilities so far this year, a 19% jump from the same period in 2023, Bloomberg-compiled data shows

KKR backs Rebel Foods for its latest growth equity investment in India

Deal part of KKR's to support 'innovative and disruptive companies' in Asia

India shifts motor fuel exports towards Asia amid reduced European demand

Lower import orders from Europe, reduced exports by China behind the shift

WHO tells South East Asian nations to intensify efforts to prevent drowning

The World Health Organization (WHO) has called on countries in the South-East Asia region to strengthen measures to prevent drowning, which it says disproportionately affects children and vulnerable populations. According to WHO's first Global Status Report on Drowning Prevention, South-East Asia reported 83,000 drowning fatalities in 2021, accounting for 28 per cent of the global drowning burden. This contributes substantially to the nearly 30 lives lost to drowning every hour globally. Nearly 43 per cent of drowning fatalities in the region involved children aged 14 years or younger, the report said. Drowning is the third leading cause of death for children aged 5-14 years and the fourth leading cause of death for children aged 1-4 years, the WHO report said. "To save lives and ensure equitable safety for all, expanding and scaling up proven drowning prevention interventions across the region is not just essential, but a moral imperative," said Saima Wazed, WHO Regional Director

Korean Air completes Asiana takeover to form one of Asia's biggest airlines

Korean Air acquired a 63.88 per cent stake in Asiana on Thursday, making it a subsidiary three years later than the smaller airline had initially anticipated

Oppn tried to destroy country; I will fight to the end: South Korea's Prez

South Korean President said the opposition was "dancing the sword dance of madness" by trying to drag a democratically elected president from power

South Korea opposition party plans to pass government budget bill today

The opposition-controlled parliament last month cut 4.1 trillion won from the government's proposed 677.4 trillion won ($473 billion) budget

India's aid gradually shifting beyond Asia, extending to new regions

These projects span a wide range of sectors like water, power, railways, roads, agriculture, education and health care

India, Vietnam hold 3rd security talks, boost ties against terrorism, crime

Two sides exchanged views on global and regional security and the implementation of aspects of the Action Plan for the India - Viet Nam Comprehensive Strategic Partnership