Asia Pacific
LATEST NEWS FROM ASIA PACIFIC
Asia Pacific
SK group Chairman Chey appeals divorce settlement ruling
SK Group Chairman Chey Tae-won has appealed against a South Korean court ruling ordering him to pay 944 billion won ($668.52 million) to his former wife Roh Soh-yeong in a record...
Asia Pacific
Fortescue's Super Special Fines iron ore stocks at China ports at five-week high, traders' data shows
Stocks of Fortescue's Super Special Fines, a type of lower-grade iron ore, held at Chinese ports have surged to a five-week high following a ban from Beijing on the brand, accord...
Asia Pacific
Attacks on healthcare in conflict zones averaging more than four a day in 2026, World Health Organization says
Attacks on healthcare facilities, workers and patients in conflict zones including Ukraine and Gaza have continued to rise in 2026, reaching an average of more than four per day, ...
Asia Pacific
China July bank loans post record contraction as credit demand falters
China's new yuan loans posted a record contraction in July, missing forecasts as seasonal factors and weak household credit demand weighed on lending in the world's second-largest...
Asia Pacific
China state iron ore buyer has supply deal with Anglo American, sources say
China's state iron ore buyer reached an agreement with Anglo American in April over an annual supply contract for the key steelmaking ingredient, three sources with knowledge of t...
Asia Pacific
Indonesia's Prabowo proposes 'expansive' budget for 2027 with small deficit
Indonesia's President Prabowo Subianto on Friday proposed a $230 billion budget for 2027 with a fiscal deficit set at 2.4% of GDP, the smallest in three years as he moved to alla...
Asia Pacific
AI boom predicted to drive Taiwan's economy to grow fastest in four decades
Taiwan expects its tech-reliant economy to grow at the fastest pace in nearly four decades this year, the statistics agency said on Friday, upgrading its forecast due to strong AI...
Asia Pacific
In South Korea, some savour last season of legal dog meat
For decades, the three days of summer considered the hottest of the year were among the busiest for South Korea's dog meat restaurants, as diners sought traditional stamina-boost...
Asia Pacific
Taiwan parliament approves holding of three referendums, including on caning sex criminals
Taiwan's opposition-controlled parliament voted on Friday to hold three referendums, including one on caning criminals convicted of sex crimes and fraud, and another to support nu...
Asia Pacific
Philippine president says he has yet to decide who to back as successor
Philippine President Ferdinand Marcos Jr confirmed on Friday that he would endorse a candidate for the 2028 presidential election, but said he had yet to decide who he would back...
Asia Pacific
Chinese humanoid robot maker Unitree powers up for stellar Shanghai debut
China's Unitree , the country's most high-profile humanoid robot maker, is widely expected to have an explosive stock market debut in Shanghai next week. The only question is — ho...
Asia Pacific
BOJ eyeing September rate hike, faster pace of tightening, sources say
The Bank of Japan is set to raise interest rates as soon as September and is considering hiking more aggressively thereafter from the current pace of roughly twice a year, said th...
Asia Pacific
AI-driven surge in bond yields could be next risk for markets and growth
Market gauges of inflation-adjusted borrowing costs have shot to their highest in more than a decade across major economies as AI companies and governments ramp up bond sales, rais...
Asia Pacific
South Korea's Lee favours four-year presidency with re-election permitted, Yonhap says
South Korean President Lee Jae Myung favours a constitutional reform that would allow presidents to serve a four-year term and seek re-election while strengthening parliamentary...
Asia Pacific
Japan's July core inflation seen at 1.8% on higher energy costs
Japan's core consumer inflation likely accelerated in July from the previous month, as faster food price gains and cost pressures on energy from the war in the Middle East pushed...
Asia Pacific
Yen's slide to weekly loss prompts bets for another intervention
The yen headed for its biggest weekly loss in three months on Friday as the impact of U.S. and Japanese intervention faded, leaving traders to wager another round of official buyi...
Asia Pacific
Thousands stranded at Japan's Narita airport after record rain kills four
Record rainfall left thousands of travellers stranded at Tokyo's Narita airport on Friday as flooding in the surrounding area disrupted transport, knocked out power to homes and c...
Asia Pacific
Japan may see more yen intervention, faster BOJ rate hikes, ex-top FX diplomat says
Japan may conduct joint yen intervention "at any time" and signal the chance of faster-than-expected interest rate hikes to stem the currency's falls, said Tokyo's former top curr...
Asia Pacific