BANGKOK (AP) — East and Southeast Asia are awash in record amounts of methamphetamine and other synthetic drugs, the U.N. Office on Drugs and Crime said in a new report Tuesday. It traced their source largely to the cross-border region known as the Golden Triangle where Thailand, Myanmar and Laos meet. The region is historically […]
TOKYO (AP) — As economies in Asia and the Pacific slow and grow older, countries need to do more to ensure that workers get the education, training and social safety nets needed to raise incomes and ensure social equity, a United Nations report said Tuesday. The report by the International Labor Organization said that growth […]
By Joanna Plucinska, Lisa Barrington and Rajesh Kumar Singh LONDON/SEOUL/CHICAGO (Reuters) – Airfares in Europe and Asia are starting to plateau or fall in a sign that a prolonged post-COVID travel boom is waning, delivering a setback for airlines struggling with higher costs and limited aircraft availability. A global imbalance between supply of flights and […]
By Stella Qiu SYDNEY (Reuters) – Asian shares held a mixed tone on Tuesday after rallying the previous session, as rising bets of an imminent European rate cut helped risk appetite ahead of some key inflation data. A slew of European Central Bank officials said overnight the ECB has room to cut interest rates as […]
By Stella Qiu SYDNEY (Reuters) – Asian shares held a mixed tone on Tuesday after rallying the previous session, as rising bets of an imminent European rate cut helped risk appetite ahead of some key inflation data. A slew of European Central Bank officials said overnight the ECB has room to cut interest rates as […]
By Wayne Cole SYDNEY (Reuters) – Asian shares edged higher on Wednesday as anxious investors dared to hope AI-diva Nvidia could meet sky-high expectations, while keeping a wary eye on the outlook for U.S. and UK interest rates. New Zealand’s central bank offered a sobering assessment of its inflation problems, warning that rates would have […]
ROME (AP) — Pope Francis has added a stop in Luxembourg to a trip to Belgium in September, a three-day visit that will come as he is recovering from a much longer and challenging trip to Asia. The Vatican on Monday announced the Sept. 26-29 dates of the planned trip, saying Francis would first stop […]
BENGALURU, India (AP) — Sizzling heat across Asia and the Middle East in late April that echoed last year’s destructive swelter was made 45 times more likely in some parts of the continent because of human-caused climate change, a study Tuesday found. Scorching temperatures were felt across large swaths of Asia, from Gaza in the […]
In sweltering Brazil, worst-ever flooding killed dozens of people and paralyzed a city of about 4 million people. Voters and politicians in the world’s largest election in India are fainting in heat that hit as high as 115 degrees (46.3 degrees Celsius). A brutal Asian heat wave has closed schools in the Philippines, killed people […]
(Bloomberg) — Asian equity benchmarks inched up in early trade as traders await the reopening of China from a long holiday break. Mainland markets look poised to gain as Beijing’s supportive policy stance adds impetus to a budding bullish momentum. Most Read from Bloomberg Australia’s share index edged higher after the S&P 500 gained 1.3% […]
(Bloomberg) — Saudi Arabia raised the price of its flagship crude to Asia for a third consecutive month, as the kingdom tries to tighten the oil market to prevent a global surplus. Most Read from Bloomberg State-owned Saudi Aramco raised the June official selling price of Arab Light crude for customers in Asia by 90 […]
New Delhi — It’s still spring but hundreds of millions of people across South and Southeast Asia have already faced scorching hot temperatures. The summer heat has arrived early, setting records and even claiming lives, and it’s expected to get much worse through May and June as summer actually begins. At the beginning of May, […]