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asia

Spike in Asia, Africa migrants turns Amazon jungle outpost into crossroads

December 11, 2023 by Reuters
Spike in asia, africa migrants turns amazon jungle outpost into crossroads - photo licensed by shore news network.

By Daniel Trotta (Reuters) – A recent crackdown on migrant smuggling and human trafficking throughout the Americas turned up migrants from 69 countries, an indicator … Read more

StanChart sees Asia, Middle East as bright spots in weak global economy

November 21, 2022 by Reuters
Stanchart sees asia, middle east as bright spots in weak global economy - photo licensed by shore news network.

By Anshuman Daga SINGAPORE (Reuters) – Standard Chartered expects Asia and the Middle East to outperform other regions even as spiralling inflation and a spike … Read more

VW South Africa looks to Asia, Latam as Europe shifts to EVs

November 11, 2022 by Reuters
Vw south africa looks to asia, latam as europe shifts to evs - photo licensed by shore news network.

By Promit Mukherjee and Joe Bavier JOHANNESBURG (Reuters) – Volkswagen’s South Africa unit aims to develop new markets for its petrol and diesel cars in … Read more

Less U.S. gas to Asia, Freeport explosion reduce LNG vessel transit through Panama

August 3, 2022 by Reuters
Less u. S. Gas to asia, freeport explosion reduce lng vessel transit through panama - photo licensed by shore news network.

By Elida Moreno PANAMA CITY – The Panama Canal has seen a 30% fall in the traffic of vessels carrying liquefied natural gas (LNG), driven … Read more

U.S House Speaker Pelosi to visit Asia, no mention of Taiwan

July 31, 2022 by Reuters
U. S house speaker pelosi to visit asia, no mention of taiwan - photo licensed by shore news network.

BEIJING – U.S. House Speaker Nancy Pelosi will visit four Asian countries from Sunday, her office said, without mentioning Taiwan amid intense speculation she might … Read more

Asia credit investors feel the pain of China property exposure

July 28, 2022 by Reuters
Asia credit investors feel the pain of china property exposure - photo licensed by shore news network.

By Xie Yu HONG KONG – China’s crisis-hit property sector has driven underperformance this year in some Asia-focused credit funds, including one led by a … Read more

Ukraine war, higher rates to limit growth in developing Asia – ADB

July 20, 2022 by Reuters
Ukraine war, higher rates to limit growth in developing asia - adb - photo licensed by shore news network.

By Karen Lema MANILA – The Asian Development Bank (ADB) on Thursday slashed its growth forecasts for developing Asia for this year and next, reflecting … Read more

Bank of America loses top Asia banker Alex To – sources

July 20, 2022 by Reuters
Bank of america loses top asia banker alex to - sources - photo licensed by shore news network.

HONG KONG – Alex To, one of Bank of America’s top rainmakers in Asia, has recently left the bank, three people with knowledge of the … Read more

U.S. Treasury’s Yellen to meet South Korea’s Yoon on final leg of Asia trip

July 17, 2022 by Reuters
U. S. Treasury's yellen to meet south korea's yoon on final leg of asia trip - photo licensed by shore news network.

NUSA DUA, Indonesia – U.S. Treasury Secretary Janet Yellen will meet with South Korean President Yoon Suk-yeol and other senior officials in Seoul on Tuesday … Read more

Fresh COVID wave sweeps Asia, New Zealand warns of pressure on hospitals

July 14, 2022 by Reuters
Fresh covid wave sweeps asia, new zealand warns of pressure on hospitals - photo licensed by shore news network.

By Lucy Craymer and Elaine Lies WELLINGTON/TOKYO – A new wave of coronavirus infections is rapidly spreading through Asia, prompting warnings for residents from New … Read more

U.S. envoy sees ‘consequential shift’ in NATO, Asia ties amid China challenges

July 11, 2022 by Reuters
U. S. Envoy sees 'consequential shift' in nato, asia ties amid china challenges - photo licensed by shore news network.

By Hyonhee Shin SEOUL – The recent attendance by four Asia Pacific leaders at the NATO summit reflects a “consequential shift” in the U.S. transatlantic … Read more

3M to exit Neoplast, Neobun brands in Southeast Asia

July 1, 2022 by Reuters
3m to exit neoplast, neobun brands in southeast asia - photo licensed by shore news network.

(Reuters) – Industrial conglomerate 3M Co said on Friday it will exit its Neoplast and Neobun brands in Thailand and some other Southeast Asian countries, … Read more

Citigroup creates new Asia leadership structure – memo

June 22, 2022 by Reuters
Citigroup creates new asia leadership structure - memo - photo licensed by shore news network.

By Scott Murdoch HONG KONG – Citigroup Inc has created a new regional leadership structure for its Asian business, according to a memo seen by … Read more

China Launches Largest Aircraft Carrier Asia Has Ever Built

June 17, 2022 by The Daily Caller

China Launches Largest Aircraft Carrier Asia Has Ever Built Philip Lenczycki on June 17, 2022 China’s People’s Liberation Army (PLA) Navy reportedly launched Asia’s largest … Read more

Analysis-Investors say Asia a safe place as Fed hikes but premature to jump in

June 16, 2022 by Reuters
Analysis-investors say asia a safe place as fed hikes but premature to jump in - photo licensed by shore news network.

By Rae Wee and Alun John SINGAPORE/HONG KONG – Asia’s emerging economies are better placed than most other regions to weather a bout of turbo-charged … Read more

Asia FX bears hit record high on hawkish Fed, China growth worries: Reuters poll

June 15, 2022 by Reuters
Asia fx bears hit record high on hawkish fed, china growth worries: reuters poll - photo licensed by shore news network.

By Shashwat Awasthi and Savyata Mishra (Reuters) – Bearish bets on several Asian currencies hit a record high in the face of rising U.S. interest … Read more

Manulife Asia on track for 2025 earning goal despite economic weakness

June 15, 2022 by Reuters

By Selena Li HONG KONG – Manulife Financial’s Asia unit is on track to account for half of the Canadian insurer’s core earnings by 2025 … Read more

China to miss boom in Asia buyout deals despite likely easing of crackdown

June 14, 2022 by Reuters
China to miss boom in asia buyout deals despite likely easing of crackdown - photo licensed by shore news network.

By Scott Murdoch and Kane Wu HONG KONG – Buyout funds are set to extend a record spending spree in Asia to the rest of … Read more

At Asia security summit, Japan vows to boost regional security role

June 10, 2022 by Reuters
At asia security summit, japan vows to boost regional security role - photo licensed by shore news network.

By Chen Lin and Idrees Ali SINGAPORE – Japan’s Prime Minister Fumio Kishida pledged on Friday to boost its regional security presence to counter multiple … Read more

Freeport LNG fire cuts key source of U.S. gas supply to Europe, Asia

June 9, 2022 by Reuters
Freeport lng fire cuts key source of u. S. Gas supply to europe, asia - photo licensed by shore news network.

By Marwa Rashad LONDON (Reuters – An at least three-week shutdown at Freeport LNG, operator of one of the largest U.S. export plants producing liquefied … Read more

Asia FX bears retreat slightly, China concerns persist – Reuters poll

June 2, 2022 by Reuters
Asia fx bears retreat slightly, china concerns persist - reuters poll - photo licensed by shore news network.

By Harish Sridharan (Reuters) – Bearish bets on Asian currencies reduced on signs that China’s economic pain may abate with easing of COVID-19 curbs, but … Read more

Ukraine a global issue, not regional one, Biden says in Asia

May 23, 2022 by Reuters
Ukraine a global issue, not regional one, biden says in asia - photo licensed by shore news network.

TOKYO – The crisis in Ukraine is a global issue, not a regional one, U.S. President Joe Biden said at a meeting of the Quad … Read more

Analysis-New Australian govt looks to SE Asia as it deals with ‘difficult’ China relationship

May 23, 2022 by Reuters
Analysis-new australian govt looks to se asia as it deals with 'difficult' china relationship - photo licensed by shore news network.

By Kirsty Needham SYDNEY – Australia’s new Labor government will put greater focus on relations with Southeast Asia and climate change, an issue crucial to … Read more

Manulife, Sun Life see 1st-qtr earnings decline; Asia COVID challenges weigh

May 11, 2022 by Reuters
Manulife, sun life see 1st-qtr earnings decline; asia covid challenges weigh - photo licensed by shore news network.

By Nichola Saminather (Reuters) – Canada’s biggest life insurers, Manulife Financial and Sun Life Financial on Wednesday reported core earnings fell from a year ago … Read more

Biden Taps Donor With CCP Ties To Represent US Business In Asia

April 29, 2022 by The Daily Caller
Biden taps donor with ccp ties to represent us business in asia - photo licensed by shore news network.

Biden Taps Donor With CCP Ties To Represent US Business In Asia Philip Lenczycki on April 29, 2022 President Joe Biden tapped a Democrat donor … Read more

Saudi Arabia may cut June crude prices to Asia from record highs

April 29, 2022April 29, 2022 by Reuters
Saudi arabia may cut june crude prices to asia from record highs - photo licensed by shore news network.

By Florence Tan and Muyu Xu SINGAPORE – Top oil exporter Saudi Arabia may cut prices for crude grades sold to Asia in June after … Read more

Asia prices down on soft demand, further downside seen limited

April 22, 2022 by Reuters
Asia prices down on soft demand, further downside seen limited - photo licensed by shore news network.

By Marwa Rashad LONDON – Asian spot liquefied natural gas (LNG) prices were down this week on softer Spring demand but further downside is limited … Read more

Asia FX bearish bets firm as cenbanks catch-up to Fed tightening- Reuters poll

April 21, 2022 by Reuters
Asia fx bearish bets firm as cenbanks catch-up to fed tightening- reuters poll - photo licensed by shore news network.

By Indranil Sarkar (Reuters) – Bearish bets on most Asian currencies firmed, a Reuters poll found on Thursday, as several regional central banks trail the … Read more

Most financial institutions in Asia need until 2023 to scrap Libor benchmark

April 19, 2022 by Reuters

HONG KONG – Most financial institutions operating in Asia will take until next year to remove references to the Libor benchmark in loan agreements, an … Read more

UBS names new manager for embattled Asia fund

April 14, 2022 by Reuters
Ubs names new manager for embattled asia fund - photo licensed by shore news network.

By Xie Yu HONG KONG – UBS Group AG has appointed a new manager to oversee a $2 billion Asian high yield fund, the Swiss … Read more

Citigroup appoints new Asia Pacific wealth boss

April 11, 2022 by Reuters
Citigroup appoints new asia pacific wealth boss - photo licensed by shore news network.

HONG KONG – Citigroup Inc said on Tuesday it appointed Angel Ng to lead its Asia Pacific global wealth management business. Ng, currently Citigroup’s Hong … Read more

Asia deals slide in Q1, hit by deteriorating business outlook

March 31, 2022 by Reuters
Asia deals slide in q1, hit by deteriorating business outlook - photo licensed by shore news network.

By Scott Murdoch and Anshuman Daga SYDNEY/SINGAPORE – Asia deal volume tumbled in the first quarter and dealmakers do not expect a near-term rebound as … Read more

Saudi Arabia may raise May crude prices to Asia to new record levels

March 30, 2022 by Reuters
Saudi arabia may raise may crude prices to asia to new record levels - photo licensed by shore news network.

(Corrects to insert dropped word in 3rd paragraph) By Florence Tan SINGAPORE – Top oil exporter Saudi Arabia is expected to raise crude prices to … Read more

Climate-related disasters pose ‘major’ growth threat in Middle East, Central Asia – IMF

March 30, 2022 by Reuters
Climate-related disasters pose 'major' growth threat in middle east, central asia - imf - photo licensed by shore news network.

By Andrea Shalal WASHINGTON – The frequency and severity of climate-related disasters are rising faster in the Middle East and Central Asia than anywhere in … Read more

COVID cases in Asia surpass 100 million – Reuters tally

March 30, 2022 by Reuters
Covid cases in asia surpass 100 million - reuters tally - photo licensed by shore news network.

By Rittik Biswas and Roshan Abraham (Reuters) – Coronavirus infections in Asia passed 100 million on Wednesday, according to a Reuters tally, as the region … Read more

U.S. sees compliance, even ‘self-sanctioning’, on Russia export controls in Asia

March 28, 2022 by Reuters
U. S. Sees compliance, even 'self-sanctioning', on russia export controls in asia - photo licensed by shore news network.

TAIPEI – The United States has not seen any indications of non-compliance in Asia with export controls on Russia due to its invasion of Ukraine, … Read more

Asia FX bears remain firm as risks from geopolitics, inflation persist – Reuters poll

March 24, 2022 by Reuters
Asia fx bears remain firm as risks from geopolitics, inflation persist - reuters poll - photo licensed by shore news network.

By Harshita Swaminathan – Investors stayed bearish on most emerging Asian currencies and turned short on Thailand’s baht for the first time in three months, … Read more

HSBC sells Greek retail bank as it sharpens Asia focus

March 14, 2022 by Reuters
Hsbc sells greek retail bank as it sharpens asia focus - photo licensed by shore news network.

LONDON -HSBC announced on Monday it has agreed to sell its branch operations in Greece to local bank Pancreta Bank, as the lender further sharpens … Read more

Russia looking at sourcing aircraft spare parts from Asia

March 11, 2022March 11, 2022 by Reuters
Russia looking at sourcing aircraft spare parts from asia - photo licensed by shore news network.

-Russia is working on sourcing spare parts for aircraft from China and other Asian countries, the transport ministry said on Friday, and has not yet … Read more

Bearish bets on Asia FX rise amid Ukraine crisis, rupee shorts near two-year high – Reuters Poll

March 10, 2022 by Reuters
Bearish bets on asia fx rise amid ukraine crisis, rupee shorts near two-year high - reuters poll - photo licensed by shore news network.

By Shashwat Awasthi and Harshita Swaminathan – Investors raised their bearish views on most Asian currencies, with short bets on the Indian rupee at a … Read more

Asia braces for growth hit from Ukraine-driven inflation shock

March 9, 2022 by Reuters
Asia braces for growth hit from ukraine-driven inflation shock - photo licensed by shore news network.

By Leika Kihara and Byron Kaye – An oil-driven inflation shock triggered by the war in Ukraine is forcing Asia’s policymakers to rethink their assumptions … Read more

Global LNG demand growth shifts from Asia to Europe on Russia sanctions

March 9, 2022 by Reuters
Global lng demand growth shifts from asia to europe on russia sanctions - photo licensed by shore news network.

By Isabel Kua SINGAPORE – Asia’s liquefied natural gas (LNG) demand growth may cool this year as buyers baulk at record-high spot prices pushed even … Read more

Chanel increases prices again in Europe and Asia

March 4, 2022 by Reuters
Chanel increases prices again in europe and asia - photo licensed by shore news network.

MILAN – French luxury group Chanel has again increased prices on some of its products, after three price hikes in 2021, meaning some of its … Read more

Russia to widen trade, economic ties with Asia after Western sanctions

February 25, 2022February 25, 2022 by Reuters
Russia to widen trade, economic ties with asia after western sanctions - photo licensed by shore news network.

MOSCOW – Russia’s economy ministry on Friday said it was working on measures to minimise the effect of Western sanctions imposed after Russia’s invasion of … Read more

World News: India’s Parliament approves contentious citizenship bill

December 13, 2019 by Phil Stilton
World news: india’s parliament approves contentious citizenship bill

India’s Parliament has approved a controversial citizenship bill that grants citizenship to minorities facing persecution from three neighbouring countries – but excludes Muslims. A day … Read more

World News: Pakistan hands over captured pilot Abhinandan Varthaman to India

November 27, 2019 by Phil Stilton
World news: pakistan hands over captured pilot abhinandan varthaman to india

Pakistan has handed over a captured pilot to Indian authorities at the Wagah border, a move aimed at de-escalating tensions after days of hostilities between … Read more

World News: Sri Lanka vote: Rajapaksa wins presidency as Premadasa concedes

November 26, 2019 by Phil Stilton
World news: sri lanka vote: rajapaksa wins presidency as premadasa concedes

Sajith Premadasa has conceded to his rival Gotabaya Rajapaksa in Sri Lanka’s Presidential election. Around half of the votes have been counted so far and … Read more

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