Asia Pacific
LATEST NEWS FROM ASIA PACIFIC
Asia Pacific
ASX jumps most since early 2020 as volatility-driven trading boom lifts earnings
Australian stock exchange operator ASX posted a more than 5% rise in annual underlying profit on Thursday as global market volatility lifted trading activity, sending its shares ...
Asia Pacific
Japan's wholesale inflation spikes in July, bolsters rate-hike chance
Japan's annual wholesale inflation continued its surge in July, data showed on Thursday, highlighting broadening price pressures and reinforcing market expectations of an interes...
Asia Pacific
Singtel posts 21% rise in first-quarter profit
Singapore Telecommunications (Singtel) reported a 21% rise in first-quarter underlying net profit on Thursday, driven by strong contributions from its Australian unit Optus an...
Asia Pacific
Treasury Wine hurt by weak Americas business, posts 42% drop in annual profit
Australia's Treasury Wine Estates reported a 41.5% drop in full-year underlying profit on Thursday, weighed by weaker earnings from its Americas division.
Asia Pacific
Strong majority of Japanese firms have yet to fully embrace AI: Reuters poll
More than 80% of Japanese companies use artificial intelligence in only a limited capacity in their operations or not at all, a Reuters survey showed on Thursday, a trend that co...
Asia Pacific
MSCI to drop ride-hailing firm GoTo from Indonesia index on liquidity concerns
Indonesian ride-hailing giant GoTo Gojek Tokopedia will be removed from MSCI's Indonesia index at the end of this month, the index provider said on Wednesday, dealing another set...
Asia Pacific
UK, Italy among states considered to verify Hezbollah disarmament, sources say
Israel and Lebanon have agreed on Britain, Italy, Switzerland and Indonesia as potential contributors to a proposed mechanism that could see foreign troops deployed to Lebanon to...
Asia Pacific
Iran says no progress on reviving interim peace deal with US
Iran and the United States remain at loggerheads over efforts to agree a permanent end to the war in the Gulf, according to a senior Iranian source, who said there had been no pro...
Asia Pacific
Half of Afghan women rarely leave home as Taliban restrictions deepen, UN agency says
Half of Afghan women now leave their homes only once or twice a month as Taliban-imposed restrictions curtail their freedom of movement and participation in public life, according...
Asia Pacific
Exiled Myanmar ambassador on trial in UK for 'trespass' at diplomatic residence
Myanmar's former ambassador to the United Kingdom stood trial in a London court on Wednesday, charged with trespassing at a diplomatic residence that he refused to leave after be...
Asia Pacific
Iran, US not discussing ceasefire extension, senior Iranian official says
There were no discussions between Iran and the United States to extend their ceasefire because, from Tehran's perspective, the deal had no start date and therefore had nothing to...
Asia Pacific
Pakistan's ruling party poised to win Kashmir elections amid deadly clashes, analysts say
Pakistan's ruling party appeared poised to win a majority in Pakistan-administered Kashmir's local assembly, even as some of the most closely watched constituencies had yet to vot...
Asia Pacific
Zhu Rongji, Chinese premier who cajoled economy into modern era, dies at 97
Former Chinese Premier Zhu Rongji, who died on Wednesday aged 97, was never one to mince his words.
Asia Pacific
KKR offers to buy over 8% First Gen stake from parent First Philippine Holdings
Philippines' First Gen Corp said on Wednesday that global investment firm KKR has offered to buy 8.43% of the shares held by First Philippine Holdings Corp in the power producer.
Asia Pacific
Taiwan's Foxconn reports 35% rise in Q2 profit on AI demand, beats forecasts
Foxconn, the world's largest contract electronics maker, beat analyst forecasts on continued strong demand for AI, which it predicted would drive growth this year.
Asia Pacific
Japan fund managers chase retail cash as JGB yields surge
After years of paying investors almost nothing, Japanese government bonds are suddenly worth owning again, and domestic asset managers are hurrying to give ordinary investors a wa...
Asia Pacific
South Korea unveils future technology drivers, targets moon landing by 2030
South Korea unveiled on Wednesday an ambitious technology strategy centred on seven projects ranging from nuclear energy and quantum computing to space and biotechnology, as the ...
Asia Pacific
Malaysia Q2 growth likely accelerated to 5.8% on exports, resilient demand
Malaysia's economic growth likely accelerated in the second quarter, supported by strong exports and resilient domestic demand, according to a Reuters poll.
Asia Pacific