ASIA

Sri Lanka is facing the worst economic collapse in its modern history. Many experts believe the country's story is a warning sign for emerging markets.

The International Energy Agency has said "marine technologies hold great potential."

The Archbishop of Canterbury kept bishops on board but his speech may not soothe gay congregants.

A child who contracted the highly infectious Ebola-like Marburg virus in Ghana has died, according to a World Health Organization official. Ghana registered its first-ever outbreak of the disease last month.

Local media reports citing unnamed sources said Pelosi would go ahead with her visit to Taiwan, a self-ruled island that China sees as a runaway province.

China has repeatedly threatened military action if Pelosi visits Taiwan, the self-ruling island that China claims as its own.

Asia’s wealthiest woman, Yang Huiyan, lost over half of her $24 billion fortune in the past year as China’s property crisis has continued to escalate, with buyers less inclined to purchase homes and housing prices falling further. According to the Bloomberg Billionaires Index, which tracks the world’s top 500 richest people, Huiyan now has a total net worth of $11.3 billion, a $12.4 billion plunge from 2021. The drop also puts her neck and neck with fellow female Chinese billionaire Fan Hongwei, who chairs chemical fiber production company Hengli Petrochemical and was once miles behind Huiyan with a worth of $11.2 billion.

Top football clubs have resumed pre-season Asian summer tours, after three years of Covid travel bans.

Philippine officials say the government has scrapped a deal to purchase 16 Russian military transport helicopters due to fears of possible U.S. sanctions.

Two-time Olympic medalist Brittney Griner is standing trial on drug charges. (July 26)

Fewer than half of English clubs have both their home and away kits on sale ahead of the new season.

The proposed California state law would make it harder for independent contractors to transport goods.

Amid the economic and political crises, many people are deeply worried about what comes next for the island nation — and their own lives.

The evil eye symbol (🧿) has been found through thousands of years of history across cultures, including in Latin America and parts of Asia . The symbol, most often depicted as four concentric circles in the shape of an eye, is used to ward off variations of evil intentions. More recently, it’s trended on the pages of fast fashion websites and manifestation TikToks. In much of the Middle East and North Africa, the symbol wards off “nazar” — a curse motivated by the envy of others that can bring about bad things in your life. It even made me hesitant to make this comic — the evil eye is always watching.

He transformed “Indo-Pacific” from a catchphrase into an aspiration, defining a security and economic architecture to preserve free thought and free trade in the region and beyond.

According to Los Angeles Times, 1.3 billion pounds of unclaimed almonds have been left stranded in California storehouses. Nearly 7,600 farmers remain unpaid for the almonds they grew.

The spotted lanternfly feeds on more than 100 species of plants, including hops, fruit trees and native trees.

Forty years have passed since Vincent Chin was killed. But today's wave of hate incidents against Asian Americans make what happened in 1982 even more relevant in the fight for civil rights.

Jeong Kwan, this year’s recipient of Asia’s 50 Best Restaurants Icon Award, has captivated the culinary world without a single Michelin star, restaurant or customer to her name. Following her mother’s death, Kwan went to a temple at the age of 17 and began her path to monkhood. "Temple food is the connection that brings physical and mental energy together,” Kwan told CNN.

Bitcoin briefly fell below $21,000 on Tuesday in Asia, continuing its plunge along with a sell-off in risk assets.

An analysis tries to make the case for splitting off the bank’s Asian businesses. The results are optimistic — but still underwhelming.

The Bulusan volcano in Sorsogon, Philippines, sent smoke and ash into the air after erupting early Sunday.

Food prices and export bans have been on the rise. Rice, a staple food in much of Asia, could be next, industry watchers say.

"There's only nine shipping companies, nine, N-I-N-E, major ocean line shipping companies who ship from Asia to the United States," Pres. Biden said.

India's move to ban exports rattled global markets, but the government says it won't have much impact.

The United States says it will push for additional sanctionson North Korea if it conducts a new nuclear test explosion.

Indian and Chinese stock market capitalization may grow fourfold by 2050 as Asia turns from "laggard to leader" in the climate transition, according to Abrdn CEO Stephen Bird.

A North Korean army medic hands out medication to counter 'fever' -- a term Pyongyang often uses to refer to Covid -- and related sickness. The medic, Jong Jun Ho says the number of people receiving treatment for 'fever' has gone down in recent times. North Korea says its Covid-19 outbreak has been brought under control, but experts question the official numbers given the isolated country has one of the world's worst healthcare systems and likely no Covid-19 drugs or mass testing ability.

China and Russia have vetoed a U.N. resolution sponsored by the United States that would have imposed tough new sanctions on North Korea for its spate of intercontinental ballistic missile launches that can be used to deliver nuclear weapons.

The Quad countries and others in Asia made clear that while maritime defense is important, real security has to heed Asian countries' economic needs.

President Joe Biden said he does not believe an economic recession is inevitable in the U.S. Biden, in Tokyo, acknowledged the U.S. economy has “problems” but said they were "less consequential than the rest of the world has.” (May 23)

The countries have made clear in recent days how much strategic importance they place on semiconductors — including export controls to China.

With some dishes inspired by Japanese flavors, and others from Korea, Pacific Rim in Ann Arbor gives you a taste of its namesake. Michelle Oliver takes us there to Dine in the D.

Former Morgan Stanley Asia chairman Stephen Roach warns the U.S. is on a dangerous path that leads to higher prices coupled with slower growth.

Shares are higher in Asia after another wobbly day on Wall Street extended a losing streak for markets.

The actress has testified against her ex-husband as his lawyers were due to cross-examine her.

Several of these groups once posed significant threats, killing hundreds if not thousands of people across Asia, Europe and the Middle East.

Amid severe weather in southeastern South Dakota Thursday, a large dust cloud moved over Sioux Falls.

Retail investors have continued to buy the dip in the recent market turmoil, liking tech despite the sector rout, according to TD Ameritrade's AJ Kahling.

Japan is preparing to reopen. But not everyone is happy about it, including some local tourists, who have enjoyed exploring a quieter version of their country.

There’s a huge jump in interest in Reproductive Freedom for All after leak of SCOTUS draft to overturn ‘Roe v. Wade’

This severe strain of acute hepatitis has been identified in nearly 170 children across 11 countries in recent weeks.

A restless sunspot sent off a double solar flare on Monday (April 25), temporarily disrupting some radio communications in Asia and Australia.

The Swiss bank hit record revenue for its equities division, but its Asian business is suffering.

Elon Musk's SpaceX is moving into the business of providing internet service to airline passengers.

Asia is clearly facing headwinds from the war in Ukraine and the lingering effects of Covid being much more pronounced in China, says IMF official

Shares are mostly lower in Asia after China reported that its economy expanded at a 4.8% annual pace in the last quarter.

How can employers in Asia continue to attract and retain talent? The answer lies in this "under-tapped pool" of talent — individuals with disabilities.

Officials are betting that elevated prices constitute a larger threat to prosperity than the risk of a sharp slowdown from rapid tightening. They’re not alone.

The country has a record of being quick to increase borrowing costs during a recovery, and undo that work almost as rapidly when growth slows. It’s a lesson for the rest of the world.

Japanese Defense Minister Nobuo Kishi said he and his Italian counterpart agreed Tuesday to step up military cooperation as Japan expands security ties with Europe amid concern about Russia's invasion of Ukraine and its impact on Asia. Kishi told reporters that he and Italian Defense Minister Lorenzo Guerini discussed the possible expansion of joint military drills and development of defense technology. Guerini, who is visiting Tokyo, especially expressed interest in possible Italian participation in Japan’s F-X next generation fighter jet, Kishi said, declining to elaborate.

With no body and few leads, theories abound about what might have happened to Paddy Moriarty. Some suggest the 70-year-old was fed to a crocodile or baked into a pie and served to tourists. Other potential culprits include a sinkhole, a serial killer, a snake bite or a simple heart attack.

Shares are mostly lower in Asia and oil prices have risen after a tech-driven rally on Wall Street.

Russia supplies nearly a fifth of UK diesel - the UK says it will stop imports by the end of the year.

Japan's Den rose two spots to clinch the title of Asia's best restaurant in 2022.

Asia has seen a wave of stock buybacks, and bank analysts say it's not stopping anytime soon.

Millions of Americans 50 and older are now eligible to receive another booster shot, after the Food and Drug Administration authorized a new round of COVID-19 vaccines for those who want them. But there are questions about both the effectiveness and who will pay for the optional shots. Senior White House correspondent Weijia Jiang has the latest.

Prices of the staple diet of half the world’s population remain subdued, thankfully.

The Olympics have said goodbye to Asia after a star-crossed run, and it’s unclear when they’ll be back after the continent hosted four of the last eight Games.

The Biden administration is making a push to remind China that the U.S. remains involved and active in the Indo-Pacific despite Washington's current preoccupation with a possible Russian invasion of Ukraine.

In Costa Rica, election officials are encouraging those infected with the coronavirus to skip voting in upcoming national elections.

Chipmaker Intel says it will invest $20 billion to build a factory in central Ohio in an attempt to help alleviate a global shortage of chips that power everything from phones to cars to home appliances.

Shares are mixed in Asia after the latest report of surging prices in the U.S. appeared to keep the Federal Reserve on track to raise interest rates in coming months.

Shares are mixed in Asia as traders await the outcome of the last Federal Reserve meeting of this year.

Asia stock markets have followed Wall Street higher as anxiety about the coronavirus’s latest variant eased.

Officials say that after months of study, the Pentagon has decided no immediate major changes are needed in the global positioning of U.S. forces.

Hong Kong’s swanky new M+ museum is Asia’s largest gallery with a billion-dollar collection set to open on Friday.

Shares are mostly higher in Asia after Wall Street benchmarks managed to close mostly higher.

Shares are mostly lower in Asia, with Chinese markets weighed down by concerns over property developers.

A report by the United Nations' weather agency finds much of the world is unprepared for the floods, hurricanes and droughts expected to worsen with climate change.

Shares have fallen more than 3% in Hong Kong in holiday-thinned trading in Asia, with both Tokyo and Shanghai closed.

Stocks are mostly lower in Asia after the region's two biggest economies released data that were weaker than expected.

Shares are higher in Asia as investors stepped up buying despite another decline on Wall Street that kept the S&P 500 and the Nasdaq on track for their first weekly losses in three weeks.

Plain concrete gravestones painted with a number and the word “Afghan” mark the final resting places of dozens of unidentified migrants who died trying to enter Turkey through the rugged border with Iran.

On Monday, the FIRST Robotics Competition inducted Novi High School’s robotics team into its hall of fame.

Deputy Secretary of State Wendy Sherman will travel to China on a visit that comes as tensions between Washington and Beijing soar.

Donald Rumsfeld, who served as U.S. Secretary of Defense under two different presidents, has died. He was 88.

Shares are mostly higher in Asia despite new data showing Asian factory activity slowed this month as virus outbreaks disrupted shipping at some Chinese ports.

What do you get when you blend flavors from Algeria, Asia, and France in desserts? Likely, something unique and refreshingly different than the norm. One local woman is bringing these flavors together for our enjoyment, again as she opens her second location of Warda Pâtisserie in Midtown.

Shares are mostly higher in Asia after the S&P 500 index notched another record high despite a surge in U.S. consumer prices in May.

Stocks have edged lower in Asia after a mixed finish on Wall Street.

The moon is putting on quite a show this week with a total lunar eclipse.

Shares are mixed in Asia after benchmarks closed broadly lower on Wall Street in a third day of retreat.

Turkey’s interior ministry has lifted a full lockdown that had ordered people to stay home to fight COVID-19 infections, shifting to a less-restrictive program that still involved curfews on weeknights and weekends.

The International Federation of the Red Cross says coronavirus cases are exploding in Asia with over 5.9 million new confirmed infections over the past two weeks.

Shares have dropped in Asia after selling of several Big Tech companies pulled U.S. benchmarks lower.

Shares are mostly lower in Asia in thin trading, with many markets including those in Tokyo and Shanghai closed for holidays.

Shares have opened higher in Asia after a strong finish last week on Wall Street.

Asian shares are higher after a broad advance on Wall Street.

Shares have fallen in Asia after Wall Street closed lower for a second straight day, led by drops in technology companies and banks.

The pandemic has torn a multibillion-dollar bite out of the fabric of Europe's fashion industry, stopped runway shows and forced brands to show their designs digitally instead.

Shares have fallen in most Asian markets after China reported stronger than expected inflation data.

Shares are mostly higher in Asia after a mixed close on Wall Street, where gains for several Big Tech stocks nudged the S&P 500 to a second record high in three days.

(Maxar Technologies via AP)The plight of a mammoth container ship stuck in Egypt’s Suez Canal has highlighted still more pressure points in global trade, a year after supply chains were disrupted by the coronavirus pandemic. The Panama-flagged, Japanese-owned ship has been lodged in a single-lane stretch of the canal for nearly a week, holding up $9 billion each day in global trade. The disruption from the Suez Canal blockage is less dramatic but not insignificant. The canal carries over 10% of global trade, including 7% of the world’s oil. The Suez Canal accounts for 30% of the world’s daily shipping container freight.

Stocks rose in afternoon trading on Wall Street Friday with technology companies and banks leading the way higher. The Dow Jones Industrial Average rose 453.40 points, or 1.4%, to 33,072.88, and both it and the S&P 500 set all-time highs. The higher yields helped lift stocks of banks, in part because higher interest rates allow them to make bigger profits from making loans. Steelmaker Nucor climbed 8.9% for the biggest gain in the S&P 500, and miner Freeport-McMoRan rose 5.9%. AdSince interest rates began rising last autumn, tech stocks have been most caught within the the market's crosswinds.

This satellite image from Cnes2021, Distribution Airbus DS, shows the cargo ship MV Ever Given stuck in the Suez Canal near Suez, Egypt, Thursday, March 25, 2021. The skyscraper-sized cargo ship wedged across Egypt's Suez Canal further imperiled global shipping Thursday as at least 150 other vessels needing to pass through the crucial waterway idled waiting for the obstruction to clear, authorities said. The iconic shipping journal Lloyd’s List estimates that goods worth $9.6 billion pass through the canal every day. Jim Burkhard, who heads crude oil research at IHS Markit, said the impact on the global oil market will be limited if the canal is cleared soon. Wood Mackenzie analyst Lucas Schmitt said only a few LNG shipments were near the canal when the blockage occurred.

Shares were higher across Asia on Friday after a strong gains on Wall Street driven by hopes for a powerful recovery from the pandemic. (AP Photo/Lee Jin-man)BANGKOK – Shares were higher across Asia on Friday after a strong gains on Wall Street driven by hopes for a powerful recovery from the pandemic. Tokyo, Hong Kong, Seoul and Shanghai all gained and U.S. futures also were higher. Investors have been moving money away from expensive tech stocks as part of a broader shift to stocks tied more closely to economic growth. The Russell 2000 index of smaller stocks outdid the rest of the market, climbing 2.3% to 2,183.12.

In this Wednesday, March 3, 2021 photo, container cargo ships are seen docked in the Port of Los Angeles. The pandemic has wreaked havoc with the supply chain since early 2020, when it forced the closure of factories throughout China. The cluster of ships offshore are perhaps the most dramatic symptom of an overwhelmed supply chain. Ships holding as many as 14,000 containers have sat offshore, some of them for over a week. But when all those trucks hit the road, there aren’t enough available when dockworkers are trying to unload the next ships in port.

Asian stock markets followed Wall Street lower on Friday after rising U.S. bond yields pulled stocks lower, dampening enthusiasm driven by the Federal Reserve's promise of low interest rates. (AP Photo/Eugene Hoshiko)BEIJING – Asian stock markets followed Wall Street lower on Friday after rising U.S. bond yields dampened buying enthusiasm driven by the Federal Reserve's promise of low interest rates. Overnight, Wall Street's benchmark S&P 500 index closed down 1.5%, putting it on track for its first weekly loss in three weeks. The S&P 500 fell to 3,915.46. Bank stocks did well because investors bet higher interest rates would translate into higher profits.

(AP Photo/Ahn Young-joon)BANGKOK – Asian shares mostly rose on Tuesday, cheered by a rally to all-time highs on Wall Street. On Wall Street, the S&P 500 rose 0.7% to 3,368.94 after having been down 0.5% in early trading, extending its winning streak to a fifth day. Technology stocks, airlines, cruise operators and other companies that rely on consumer spending helped lift the market. The mild drop in yields has affected bank stocks, where investors have placed big bets that higher yields would translate into banks charging borrowers higher rates. The bond market has pulled tech stocks mostly lower this year, because as yields push interest rates higher, they make high-flying stocks look expensive.