Asia Pacific
LATEST NEWS FROM ASIA PACIFIC
Asia Pacific
Asia Pacific
Australia's Steadfast agrees to $5.51 billion buyout bid by KKR-backed consortium
Australian insurance broker Steadfast Group said on Friday it has agreed to a A$7.7 billion ($5.51 billion) takeover offer by a U.S. consortium backed by investment firm KKR .
Asia Pacific
Indonesia arrests 10 Myanmar nationals following liquid meth bust
Indonesia has arrested 10 Myanmar nationals in a drug bust involving 2.6 metric tons of liquid methamphetamine found on a ship sailing with a Tanzanian flag, authorities said at ...
Asia Pacific
South Korea, Japan pledge to maintain close coordination after rare FX intervention
Senior economic officials from South Korea and Japan pledged on Friday to maintain close communication during talks held just weeks after a rare coordinated currency intervention...
Asia Pacific
Samsung SDI says to sell $3.2 billion worth of Samsung Display shares back to display maker
Samsung SDI said on Friday it will sell 13.09 million shares in affiliate Samsung Display to the display maker for about 4.45 trillion won ($3.21 billion), to raise funds for ...
Asia Pacific
A date on the calendar could shape the BOJ's endgame on interest rates
The Bank of Japan has set next year's July policy meeting just in time for its two hawkish board members to vote before their five-year terms expire, a scheduling quirk that coul...
Asia Pacific
South Korea presidential office urges North Korea to stop 'unnecessary slander', media reports
South Korea's presidential office on Friday called on North Korea to stop "unnecessary slander" and move forward together for peace on the Korean Peninsula, according to Sout...
Asia Pacific
Russian-Australian arrested for attempting to spy on Ukraine military
A dual Russian-Australian citizen was charged on Friday by the Australian Federal Police of foreign interference for trying to give Ukrainian military information to people he be...
Asia Pacific
South Korea plans chip windfall fund to back youth, AI investment
South Korea plans to create a new fund to channel tax windfalls from the country's semiconductor boom into supporting younger generations and invest in future growth industries su...
Asia Pacific
Myanmar military offensive targets land for Russia-backed port project
Myanmar's military has deployed hundreds of troops to forcibly clear areas marked for a Russia-backed special economic zone in the country's south, burning villages and sealing off...
Asia Pacific