Asia Pacific
LATEST NEWS FROM ASIA PACIFIC
Asia Pacific
Australia promised 1.2 million new homes, but builders are at their limits
In the Australian city of Brisbane, builder Jay Perham has been forced to pour concrete at a new housing site during the night, unable to find workers for the job when the sun is u...
Asia Pacific
Japan business mood rises as semiconductor boom lifts manufacturers: Reuters poll
Japanese business confidence improved in August as manufacturers benefited from robust semiconductor demand while non-manufacturers were supported by strong domestic consumption, ...
Asia Pacific
North Korea fired a ballistic missile, South Korean military says
North Korea fired a ballistic missile on Wednesday toward the sea off the Korean Peninsula's east coast, South Korea's military said.
Asia Pacific
New Zealand's Luxon faces lawmakers as leadership speculation mounts
New Zealand Prime Minister Christopher Luxon is set to face National Party lawmakers in Wellington on Wednesday after he called a meeting he said was to address increased specula...
Asia Pacific
Limits on women's education in Afghanistan will likely further weaken school quality, UNESCO says
Restrictions on women pursuing higher education in Afghanistan are expected to exacerbate a shortage of female teachers, further diluting education quality in a country where mill...
Asia Pacific
Ex-Toyota chair Okuda, outsider who masterminded global footprint, dies at 93
Former Toyota Motor Corp Chairman Hiroshi Okuda, who has died aged 93 according to Kyodo News, was a rare outsider at the top of a firm more often run by a founding-family member, ...
Asia Pacific
EM investment flows turn positive as equity exodus slowed, IIF says
Foreign investors plowed nearly $19 billion into emerging-market portfolios in July, snapping two months of outflows as an equity exodus slowed sharply, data from a banking trade ...
Asia Pacific
Sri Lanka central bank sees no need for further rate hikes this year, governor says
Sri Lanka's central bank sees no need for more interest rate increases this year after its big, unexpected hike in May, with inflation expected to peak around current levels befor...
Asia Pacific
Singapore's Sea tops quarterly revenue estimates as Shopee fuels e-commerce growth
Singapore's Sea Ltd beat estimates for quarterly revenue on Tuesday, powered by growth at its e-commerce business led by Shopee and rising demand for its financial services.
Asia Pacific
Houthi attack on small cargo ship in Red Sea kills three crew members, sources say
A small cargo ship was attacked by Yemen's Iran-aligned Houthis in the Bab el-Mandeb strait on Tuesday, killing three crew members, said two Yemeni coast guard sources and two mil...
Asia Pacific
TSMC, Sony to invest $4.7 billion in joint venture for image sensors
Taiwanese chipmaker TSMC and Sony Group said on Tuesday they will form a $4.69 billion joint venture to develop and make next-generation image sensors in southern Japan, with vol...
Asia Pacific
Parkour helps Singapore's elderly boost agility, strength
Parkour may conjure images of boisterous teenagers swinging between buildings in urban settings, but a coach in Singapore is using the techniques to teach better balance to the el...
Asia Pacific
Myanmar military intensified air attacks and abuses before election, UN investigators say
Myanmar's military stepped up aerial attacks on civilians before an election held last December and January, and all sides in the country's civil war committed war crimes and ser...
Asia Pacific
China's car sales extend slide as shift accelerates to overseas markets
China's car sales fell for a 10th straight month in July, though the pace of decline eased, contrasting with strong export growth as automakers step up overseas expansion to offset...
Asia Pacific
Thai PM suspends firearm purchase licences after school shooting
Thai Prime Minister Anutin Charnvirakul on Tuesday suspended the issuance of permits to buy firearms and said existing licences would be reviewed, days after a 14-year-old gunman...
Asia Pacific
Shein plans to launch Hong Kong IPO as soon as August 19, sources say
Online fast-fashion retailer Shein is planning to launch its Hong Kong initial public offering as soon as Wednesday of next week, two people with knowledge of the matter said on ...
Asia Pacific
Philippines' Marcos proposes $118 billion budget for 2027
Philippine President Ferdinand Marcos Jr. asked Congress on Tuesday to approve a 7.2 trillion-peso ($118.1 billion) budget for 2027, 6% higher than this year, as his government so...
Asia Pacific
Bank of Korea likely to raise interest rates further, outgoing deputy chief says
South Korea's central bank will raise interest rates further to respond to persistent inflationary pressure, the outgoing deputy chief said on Tuesday.
Asia Pacific