Asia Pacific
LATEST NEWS FROM ASIA PACIFIC
Asia Pacific
Australia's central bank keeps interest rates at 4.35%
Australia's central bank held its cash rate steady at 4.35% as expected on Tuesday, saying the economy was slowing in the face of tighter financial conditions, while warning tha...
Asia Pacific
Australia central bank sees inflation cooling little faster, but risks on upside
SYDNEY, Aug 11 (Reuters) - Australia's central bank warned on Tuesday that inflation risks were still tilted to the upside amid tensions in the Middle East, but expected cost press...
Asia Pacific
Malaysia's June industrial production up 6.5%, below forecast
Malaysia's industrial production index in June rose 6.5% from a year earlier, below expectations, government data showed on Tuesday.
Asia Pacific
Vietnam starts building largest homemade anti-submarine warship
Vietnam has begun construction on what it describes as the country's largest and most advanced domestically made anti-submarine frigate, a military-owned newspaper reported.
Asia Pacific
Australia and Vietnam deepen strategic partnership
Australia and Vietnam agreed on Tuesday to deepen their comprehensive strategic partnership, signing cooperation agreements spanning defence, agriculture and border security.
Asia Pacific
Yen wobbles as intervention afterglow dims; RBA keeps rates unchanged
The yen wobbled near the crucial 160 level on Tuesday, as joint U.S.-Japan intervention failed to deliver a lasting boost, while the Australian dollar held its ground near eight-w...
Asia Pacific
New Zealand's Luxon calls meeting of lawmakers to address leadership speculation
New Zealand Prime Minister Christopher Luxon said on Tuesday he had called an urgent in-person meeting of National Party lawmakers for Wednesday, amid calls from some quarters for...
Asia Pacific
US officials work to close supply chain gaps as foreign investment grows
U.S. officials on Monday said they are working closely with foreign investors to identify gaps in the U.S. manufacturing supply chain and to help small- and medium-sized business...
Asia Pacific
Singapore GDP grows 5.9% y/y in Q2, government raises 2026 forecast on AI boom
Singapore's economy grew 5.9% in the second quarter of 2026 from a year earlier, government data showed on Tuesday, higher than an official advance estimate of 5.7%.
Asia Pacific
Shipbuilder Austal gets $1.2 billion offer for US operations from Hanwha
Australian shipbuilder Austal said on Tuesday that Hanwha Group had offered to buy its U.S. operations for up to $1.20 billion as the South Korean conglomerate seeks to expand in ...
Asia Pacific
Seven Uzbek citizens killed in drone attack on Russia's Tatarstan region, consulate says
Seven Uzbek citizens were killed in a drone attack in Russia's Tatarstan region on Monday, the Uzbek consulate in Kazan said.
Asia Pacific
Unitree's Shanghai IPO more than 8,000 times oversubscribed by retail investors
Chinese robot maker Unitree said on Monday its Shanghai initial public offering was oversubscribed by about 8,288.82 times by retail investors, triggering a clawback mechan...
Asia Pacific
China's central bank vows to expand yuan's international use in five-year plan
China's central bank pledged in its five-year plan to keep the yuan exchange rate basically stable and expand the use of the Chinese currency in international trade and inve...
Asia Pacific
Final vote delayed in parts of Pakistan-administered Kashmir over security fears
The third round of regional elections in Pakistan-administered Kashmir was marred by delays and security concerns on Monday, weeks after deadly protests erupted in the region and ...
Asia Pacific
Bangladesh PM seeks 'conducive environment' to reset ties with India
Bangladesh Prime Minister Tarique Rahman told India's envoy on Monday that there was a need to create a "conducive environment" to boost ties between the neighbours, as Dhaka cont...
Asia Pacific
South Korea to establish fund for semiconductor materials, parts and equipment, official says
South Korea will launch a new 5 trillion won ($3.52 billion) semiconductor fund focused on promising chip materials, components and fabless companies, Presidential Chief of Staf...
Asia Pacific
BOJ's rate-hike path runs into Takaichi's bond market problems
The Bank of Japan may be edging toward an early rate hike, but it faces a growing risk that any move to tighten policy will be offset by mounting political pressure to support the...
Asia Pacific
Iran says no reason to fear Pakistan-Turkey-Saudi security pact
Iran sees no reason to be concerned that a new security pact between Pakistan, Turkey and Saudi Arabia is directed against Tehran, Foreign Ministry spokesman Esmaeil Baghaei sa...
Asia Pacific