Asia Pacific
LATEST NEWS FROM ASIA PACIFIC
Asia Pacific
Indonesia's Prabowo to present high-stakes budget plans as support slips
Indonesian President Prabowo Subianto will present his 2027 budget proposals on Friday in the face of falling approval ratings and growing investor scepticism over plans to contro...
Asia Pacific
Iran war a boon for China's e-trucks, fuelling export surge
China's exports of electric trucks to other Asian countries have spiked, adding to a surge in domestic sales as higher fuel costs as a result of the Iran war accelerate regional e...
Asia Pacific
New Zealand manufacturing activity expands at slower pace in July amid cost pressures
New Zealand's manufacturing activity continued to expand in July, though at a slower pace, as sentiment weakened after the conflict in the Middle East pushed costs higher for b...
Asia Pacific
North Korea denounces US-South Korea drills, KCNA says
North Korea on Friday denounced major U.S.-South Korean military drills and said they were more provocative than last year's, according to state media.
Asia Pacific
Kyrgyz president says he will run for a second term
Kyrgyzstan's President Sadyr Japarov said on Thursday he planned to seek a second term in an election next January in the Central Asian state.
Asia Pacific
China's state-owned CMRG asks some traders to buy iron ore on its platform, sources say
China's state-run iron ore buyer has asked some domestic traders to buy cargoes on its own trading platform, sources said, in a move to reinforce its control over trading and pri...
Asia Pacific
Lebanon has not agreed to shortlist of countries that could verify Hezbollah's disarmament, official says
A Lebanese official denied on Thursday a Reuters report that Beirut had agreed with Israel to a shortlist of countries that could send troops to Lebanon to verify the disarmament...
Asia Pacific
Turkey lays out plans for defence pact with Pakistan and Saudi Arabia
Turkey, Saudi Arabia and Pakistan will group senior ministers, hold joint exercises and deepen defence industry cooperation under a military pact signed between the regional power...
Asia Pacific
CK Hutchison first-half underlying profit up 6.7%
Hong Kong ports-to-telecoms group CK Hutchison posted a 6.7% rise in underlying profit in the first six months of 2026 on Thursday, thanks to solid performance in its ports a...
Asia Pacific
Indonesia hopes to start mass production of homegrown electric cars in 2028, president says
Indonesia hopes to start the mass production of homegrown electric cars no later than 2028, President Prabowo Subianto said on Thursday, in an effort to increase the adoption of ...
Asia Pacific
Human Rights Watch urges Taliban to release detained UN, NGO staff
Human Rights Watch called for the release of two UN staffers and six NGO workers in Afghanistan following a string of Taliban detentions in recent weeks.
Asia Pacific
Rate hike bets leave yen's post-intervention gains at BOJ's mercy
Joint Japanese-U.S. efforts to shore up the battered yen two weeks ago have heightened market bets the Bank of Japan will need to hike rates faster and further, raising the stakes...
Asia Pacific
Indonesia's free meals drive leaves remote kitchen investors deep in debt
Loan sharks are circling a kitchen that stands on stilts above the waters of Tomini Bay, off the coast of Indonesia's Sulawesi island in the remote fishing village of Torosiaje.
Asia Pacific
Starbucks Korea swings to Q2 operating loss after marketing backlash
The operator of Starbucks Korea posted an operating loss in the second quarter as sales fell after backlash over a marketing campaign that evoked a brutal 1980 military crackdown...
Asia Pacific
Thailand's second-quarter growth seen slowing sharply as weak consumption weighs
Thailand's economic growth likely slowed sharply in the second quarter, while the economy contracted on a quarterly basis, a Reuters poll of economists showed, as subdued househol...
Asia Pacific
Philippines' First Gen eyes take-private deal from KKR at $2.7 billion valuation
A mandatory offer from KKR to buy Philippines-based First Gen Corp would value it at around 165.44 billion pesos ($2.70 billion), the power producer and its parent First Philipp...
Asia Pacific
Starlink starts taking orders for satellite internet service in Vietnam
Starlink, the satellite internet service operated by Elon Musk's SpaceX, has begun accepting orders in Vietnam, according to the company's local website.
Asia Pacific
Dollar treads water as Fed hike bets pared on benign US inflation
The dollar's advance stalled on Thursday after an overall benign U.S. inflation reading overnight spurred traders to pare back bets for a near-term Federal Reserve interest rate h...
Asia Pacific