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Iran, Pakistan Seek to Patch Up Ties With Pledge to Boost Trade: Iran and Pakistan took steps to repair relations after deadly military strikes by the two Asian ...
bloomberg.com/news/articles/2024-04-23/iran-pakistan-seek-to-patch-up-ties-with-pledge-to-boost-trade
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Fresh Support: The Bloomberg Open, Asia Edition: Good morning. US House approves $95 billion in foreign aid. China is front and center of gold’s rally ...
bloomberg.com/news/newsletters/2024-04-21/fresh-support-the-bloomberg-open-asia-edition
Quick Glance: Ukrainian President Thanks US for Weapon Aid
- Ukrainian President Zelenskyy thanked U.S. political leaders for approving an aid package for Ukraine, providing the country with a chance at "victory" in its defense against Russia.
- The House passed a bill granting Ukraine $60.8 billion in aid, with Zelenskyy urging swift Senate approval to ensure rapid assistance to frontline soldiers.
- Zelenskyy emphasized the critical need for long-range weapons and air defense systems to stabilize the situation and regain the initiative in Ukraine.
- He addressed rumors of a territorial deal with Russia, emphasizing the importance of a strategy based on concrete democratic measures to end the war.
China’s Putin Ties Risk Relations With EU, Top Diplomat Says: China needs to take a stand over Russia’s invasion of Ukraine and rein in its enormous trade ...
bloomberg.com/news/articles/2024-04-23/china-s-putin-ties-risk-relations-with-eu-top-diplomat-says
Thailand Pitches to Host Formula One Race to Bolster Tourism: Thailand is staking claim to host a Formula One race, with Prime Minister Srettha Thavisin pitching ...
bloomberg.com/news/articles/2024-04-22/thailand-pitches-to-host-formula-one-race-to-bolster-tourism
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China’s LGFV Borrowing Costs Drop to Record Low as Investors Bet on Bailout: China’s off-the-books local government debt market has turned. Only a few months ago ...
bloomberg.com/news/articles/2024-04-22/china-s-lgfv-borrowing-costs-drop-to-record-low-as-investors-bet-on-bailout
Acceleration: The Bloomberg Open, Asia Edition: Good morning. Tesla soars on plans to accelerate the launch of cheaper models. Companies raised a record amount ...
bloomberg.com/news/newsletters/2024-04-23/acceleration-the-bloomberg-open-asia-edition
Israel-Iran tensions live news: Explosions as ‘drones downed’ over Isfahan: Tensions have soared in the Middle East more than six months into Israel’s war on ...
aljazeera.com/news/liveblog/2024/4/19/live-israel-launches-missile-attack-in-response-to-iran-assault
Wild Card: The Bloomberg Open, Asia Edition: Good morning. Stocks bounced back ahead of tech earnings. South Korea’s shadow banking sounds alarm ...
bloomberg.com/news/newsletters/2024-04-22/wild-card-the-bloomberg-open-asia-edition
Hedge Funds Sound Alarm Over Default of China Education Firm XJ, Previously Hope: Hedge funds and other international investors are sounding alarms after a ...
bloomberg.com/news/articles/2024-04-18/hedge-funds-cry-foul-over-chinese-education-firm-s-default
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Going Strong: The Bloomberg Open, Asia Edition: Good morning. Netflix crushed its earnings but the second quarter may not be as rosy. China will be the top ...
bloomberg.com/news/newsletters/2024-04-18/going-strong-the-bloomberg-open-asia-edition
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'Drag Race' winner Nymphia Wind wants Asian kids to see hope in her victory: In her exclusive first interview after winning 'RuPaul's Drag Race ...
ew.com/rupauls-drag-race-winner-nymphia-wind-exclusive-interview-8636500
Boeing aims to bring flying cars to Asia by 2030: TOKYO -- U.S. aircraft manufacturer Boeing plans to enter the flying car business in Asia by 2030 ...
asia.nikkei.com/Business/Transportation/Boeing-aims-to-bring-flying-cars-to-Asia-by-2030
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Asia is most climate disaster-impacted region, UN meteorological agency says: Asia was the world's most disaster-hit region by climate related hazards last year ...
reuters.com/world/asia-pacific/asia-is-most-climate-disaster-impacted-region-un-meteorological-agency-says-2024-04-23/
China Reiterates Need for Steady Yuan (CNY USD) as Dollar Strengthens: China reiterated the need to prevent one-sided moves in the yuan, as a resurgent dollar ...
bloomberg.com/news/articles/2024-04-18/china-reiterates-need-for-steady-yuan-amid-fragile-confidence
China Is Front and Center of Gold’s Record-Breaking Rally: Gold’s rise to all-time highs above $2,400 an ounce this year has captivated global markets. China ...
bloomberg.com/news/articles/2024-04-21/china-is-front-and-center-of-gold-s-record-breaking-rally
Unstable nuclear-waste dams threaten fertile Central Asia heartland: Dams holding vast amounts of uranium mine tailings above the fertile Fergana valley in ...
reuters.com/world/asia-pacific/unstable-nuclear-waste-dams-threaten-fertile-central-asia-heartland-2024-04-23/
Standard Chartered Offers 10% Deposit Rate in Hong Kong to Draw China Cash: Standard Chartered Plc is offering short-term deposit rates of as high as 10% as the ...
bloomberg.com/news/articles/2024-04-19/stanchart-dangles-10-deposit-rate-in-hk-to-draw-china-cash
Hamad International in Doha named world’s best airport, Changi falls to second: Changi Airport was named the best airport in Asia and best in the world for its ...
straitstimes.com/singapore/hamad-international-in-doha-named-world-s-best-airport-changi-falls-to-second
China’s Growing Plastics Dominance Is Squeezing Out Asian Rivals: China’s rapidly expanding petrochemicals industry is making life increasingly difficult for ...
bloomberg.com/news/articles/2024-04-16/china-s-growing-plastics-dominance-is-squeezing-out-asian-rivals
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UBS Upgrades China Stocks to Overweight, Cuts Taiwan and Korea: UBS Group AG raised its recommendation on a key Chinese stock index to overweight in a rare ...
bloomberg.com/news/articles/2024-04-23/ubs-upgrades-china-stocks-to-overweight-cuts-taiwan-and-korea-lvboqewq
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China's EV strategy of going small and cheap to pay big dividends in Asia: Russell
reuters.com/world/china/chinas-ev-strategy-going-small-cheap-pay-big-dividends-asia-russell-2024-04-23/
Thai PM asks top banks to lower interest rates to help economy: Thailand's Prime Minister Srettha Thavisin on Tuesday said he had asked the country's four ...
reuters.com/markets/asia/thai-pm-asks-banks-top-lower-interest-rates-help-economy-2024-04-23/
Japan and India to be next AI hotspots: Vinod Khosla: PALO ALTO, California -- Artificial intelligence innovations are diverse, and related business ...
asia.nikkei.com/Business/Technology/Japan-and-India-to-be-next-AI-hotspots-Vinod-Khosla
As Measles Spreads Through U.S., Cases In Europe And Central Asia Surge: Alarming measles outbreaks in U.S., Europe And Asia tied to growing vaccine hesitancy ...
forbes.com/sites/joshuacohen/2024/04/14/alarming-measles-outbreaks-surge-across-europe-and-central-asia/
Quick Glance: Measles Resurgence: Key Updates for Your Practice
- Measles have returned to the US, primarily due to declining vaccination rates and increased international travel.
- The disease is highly contagious, affecting areas with low vaccination coverage, even in states with high rates.
- Vaccination rates among kindergarteners have decreased, raising concerns about increased susceptibility to outbreaks.
- Emphasis is placed on combating misinformation about vaccines and improving public understanding of the severe risks posed by measles compared to the minimal risks of vaccination.
IMF Warns Surge in U.S., China Debt Could Have ‘Profound’ Impact on Global Economy
wsj.com/economy/global/imf-warns-surge-in-u-s-china-debt-could-have-profound-impact-on-global-economy-c3758d81
Singapore loses shine as Southeast Asia base for multinationals: SINGAPORE -- Multinational corporations are increasingly locating some Southeast Asian ...
asia.nikkei.com/Business/Business-trends/Singapore-loses-shine-as-Southeast-Asia-base-for-multinationals
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Spot the difference: Hong Kong chef's tattered tee resembles $1,500 Balenciaga top, says netizen
asiaone.com/lifestyle/spot-difference-hong-kong-chefs-tattered-tee-resembles-1500-balenciaga-top-says-netizen
Thailand, Kazakhstan Agree on Visa Waiver Pact to Boost Tourism: Thailand will sign a permanent bilateral visa waiver agreement with Kazakhstan next week ...
bloomberg.com/news/articles/2024-04-18/thailand-kazakhstan-agree-on-visa-waiver-pact-to-boost-tourism
Philippines-China Tensions Hitting Peso, Central Bank Chief Says: Tensions between the Philippines and China over competing maritime claims have added to ...
bloomberg.com/news/articles/2024-04-16/philippines-china-tensions-hitting-peso-central-bank-chief-says
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Biden vows G7 response, ‘ironclad’ US support for Israel after Iran attacks: US president reiterates support for Israel in call with Netanyahu amid reports that ...
aljazeera.com/news/2024/4/14/biden-vows-g7-response-ironclad-us-support-for-israel-after-iran-attacks
China GDP Latest: Factory-Led Growth Complicates Relations With US, Europe: I’m Katia Dmitrieva, Asia economics correspondent in Hong Kong. Today ...
bloomberg.com/news/newsletters/2024-04-16/china-gdp-latest-factory-led-growth-complicates-relations-with-us-europe
Orsted says Taiwan wind project to power TSMC on track for 2025 finish: Denmark's Orsted , the world's biggest offshore wind farm developer, said on Wednesday a ...
reuters.com/business/energy/orsted-says-taiwan-wind-project-power-tsmc-track-2025-finish-2024-04-24/
China Tells Brokers to Limit Exposure to ‘Snowball’ Derivatives: China is moving to curb “snowball” derivatives after brokers hiked returns to near-record levels ...
bloomberg.com/news/articles/2024-04-24/china-tells-brokers-to-limit-exposure-to-snowball-derivatives
Chinese Stocks Advance as Beijing Renews Regulatory Support: Chinese stocks gained Monday as renewed regulatory support from Beijing shielded the market from a ...
bloomberg.com/news/articles/2024-04-15/chinese-stocks-advance-as-beijing-renews-regulatory-support
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Morning Bid: Risk asset resilience, Indonesia's rate call: A look at the day ahead in Asian markets.
reuters.com/markets/asia/global-markets-view-asia-graphic-pix-2024-04-23/
South Korea's economy likely saw steady economic growth in Q1: Reuters poll: South Korea's economy likely grew 0.6% last quarter, maintaining the same pace of ...
reuters.com/markets/asia/south-koreas-economy-likely-saw-steady-economic-growth-q1-2024-04-23/
Five Things You Need to Know to Start Your Day: Asia: US seeks to minimize Iran-Israel escalation. Bitcoin ‘halving’ set to rock the crypto industry ...
bloomberg.com/news/newsletters/2024-04-14/five-things-you-need-to-know-to-start-your-day-asia
Iran attack on Israel adds to airline troubles in Middle East: Global airlines faced disruptions to flights on Monday after Iran's missile and drone attacks on ...
reuters.com/world/middle-east/iran-attack-israel-adds-airline-troubles-middle-east-2024-04-15/
How China Can Keep the Global Electric Vehicle Market Aloft: BloombergNEF expects the country’s plug-in car sales to approach 10 million this year.
trib.al/R7w79Bm
Swiss Watch Exports Plunge as China and Hong Kong Demand Dries Up: Monthly Swiss watch exports suffered their biggest decline since 2020 as demand for premium ...
bloomberg.com/news/articles/2024-04-18/swiss-watch-exports-plunge-as-china-and-hong-kong-demand-dries-up
Philippines Says South China Sea Deals Are No Longer Valid: Any behind-the-scenes deal between China and the previous Philippine administration over the disputed ...
bloomberg.com/news/articles/2024-04-20/philippines-disowns-alleged-deal-with-china-on-disputed-sea
The green energy ‘big bets’ Australia needs to go after: Sun Cable cofounder: Sun Cable’s cofounder wants Australia to think bigger about the green energy switch ...
smh.com.au/business/the-economy/the-green-energy-big-bets-australia-needs-to-go-after-sun-cable-cofounder-20240419-p5fl8z.html
Singapore Car Startup Seeks Value Over $1.5 Billion Ahead of IPO: Southeast Asia’s used-car marketplace Carro is raising about $100 million as it gears up for a ...
bloomberg.com/news/articles/2024-04-14/singapore-car-startup-seeks-value-over-1-5-billion-ahead-of-ipo
Apple plans to invest more than $250m to expand Singapore campus: SINGAPORE (Reuters) -- Apple plans to invest more than $250 million to expand its ...
asia.nikkei.com/Business/Technology/Apple-plans-to-invest-more-than-250m-to-expand-Singapore-campus
Emerging Markets Battle Weak Currencies as Dollar Crushes Peers: Currency intervention has become a key battleground in emerging markets, especially Asia ...
bloomberg.com/news/articles/2024-04-14/emerging-markets-battle-weak-currencies-as-dollar-crushes-peers
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Malaysia's largest port to double capacity to chase Singapore: KUALA LUMPUR -- Malaysia's largest port, on the major sea route of Malacca Strait ...
asia.nikkei.com/Spotlight/Supply-Chain/Malaysia-s-largest-port-to-double-capacity-to-chase-Singapore
China's economy grew 5.3% in the first quarter, beating expectations: On a quarter-on-quarter basis, China's GDP grew 1.6% in the first quarter ...
cnbc.com/2024/04/16/chinas-q1-gdp-grew-5point3percent-in-the-first-quarter-beating-expectations.html
Rate Cut Odds Wane in Emerging Asia as US Inflation Speeds - Bloomberg: Asian central banks may have to consider the possibility of fewer or no rate cuts this ...
bloomberg.com/news/articles/2024-04-11/rate-cut-odds-wane-in-emerging-asia-as-us-inflation-speeds
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IMF tells Asian central banks not to follow Fed too closely: The International Monetary Fund urged Asian central banks on Thursday to focus on domestic inflation ...
reuters.com/markets/imf-tells-asian-central-banks-not-follow-fed-too-closely-2024-04-18/
All About Thai PM’s $14 Billion Cash Handout to Reignite Growth: Thailand’s Prime Minister Srettha Thavisin will dole out almost $14 billion in cash handouts as ...
bloomberg.com/news/articles/2024-04-11/all-about-thai-pm-s-14-billion-cash-handout-to-reignite-growth
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Five Things You Need to Know to Start Your Day: Asia: Good morning. Tensions simmer in the Middle East. US stocks fall below key threshold ...
bloomberg.com/news/newsletters/2024-04-15/five-things-you-need-to-know-to-start-your-day-asia
Four innovations helping to green the fashion industry: Sustainability and cost concerns are seeing global secondhand clothing sales soar ...
weforum.org/agenda/2024/04/secondhand-clothes-sustainable-fashion-circular-economy/
China Real Estate Crisis: Private Builders Face $553 Billion Gap to Finish Homes: Chinese private developers face a 4 trillion yuan ($553 billion) funding gap to ...
bloomberg.com/news/articles/2024-04-15/china-real-estate-crisis-private-builders-face-553-billion-gap-to-finish-homes
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What to do about the EU’s relative decline: The European Union will be marginalised if it continues to shrink compared to other parts of the world ...
reuters.com/breakingviews/what-do-about-eus-relative-decline-2024-04-22/
Quick Glance: Addressing the EU's Relative Decline
- The EU faces marginalization if it continues to shrink compared to other parts of the world.
- There are two ways to look at the EU's relative decline: living standards and power.
- The EU is dealing with different threats from aggressive Russia, China, and the United States.
- To tackle the challenges, the EU needs to strengthen its single market, invest in key industries, and focus on future technologies.
ADB Says Developing Asia Set for Growth as China’s Economy Slows: Much of developing Asia outside of China is poised for expansion in the next two years as ...
bloomberg.com/news/articles/2024-04-11/adb-says-developing-asia-set-for-growth-as-china-s-economy-slows
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Quick Glance: ADB Forecasts Developing Asia Growth at 4.9% in 2024, Risks Persist
- ADB raised its growth forecast for Developing Asia to 4.9% in 2024, highlighting ongoing challenges like escalating geopolitical tensions.
- China remains a concern for regional growth due to a prolonged property crisis and other issues.
- The ADB predicts regional inflation to decrease to 3.0% by 2025.
- Detailed GDP growth and inflation forecasts for various Asian countries were also provided.
Apple investing US$250 million to expand Ang Mo Kio campus: SINGAPORE: Apple has announced plans to pump in over US$250 million (S$340 million) to expand its Ang ...
channelnewsasia.com/singapore/apple-ang-mo-kio-campus-250-million-expand-4274201
Exclusive: UBS shuts some China private funds, will lay off staff, sources say: UBS is shutting down some of its China private funds business and will lay off ...
reuters.com/business/finance/ubs-shuts-some-china-private-funds-will-lay-off-staff-sources-say-2024-04-18/
Five Things You Need to Know to Start Your Day: Asia: Good morning. Concerns about private credit. The ongoing selloff in bonds. And a warning from Iran about ...
bloomberg.com/news/newsletters/2024-04-18/five-things-you-need-to-know-to-start-your-day-asia
Chinese pianist Lang Lang gets star on Hollywood Walk of Fame: His inclusion places him among a select group of Asian artistes like Bruce Lee ...
straitstimes.com/life/arts/chinese-pianist-lang-lang-gets-star-on-hollywood-walk-of-fame
Philippines wins breakthrough at summit with Japan, U.S., experts say: TOKYO/MANILA -- Soon after a trilateral summit at the White House, the Philippine coast ...
asia.nikkei.com/Politics/International-relations/South-China-Sea/Philippines-wins-breakthrough-at-summit-with-Japan-U.S.-experts-say
Hong Kong regulator set to launch new probe into PwC Evergrande audits: Apparent whistleblower report cites concerns over firm’s work for collapsed Chinese ...
ft.com/content/19d858ce-a34f-4add-bb67-a0fbd3efa24f
Tim Cook visits Singapore amid Apple's Southeast Asia expansion efforts: Tim Cook will meet with Singapore's next leader to conclude a whirlwind tour around ...
cnbc.com/2024/04/18/tim-cook-visits-singapore-amid-apples-southeast-asia-expansion-.html
OpenAI is coming to Asia with its first office in Japan: The ChatGPT maker is releasing a GPT-4 custom model with improved performance in Japanese
qz.com/openai-expands-asia-opens-first-office-in-tokyo-japan-1851410135
Microsoft’s G42 deal puts UAE in America’s AI tent: The United Arab Emirates likes to think of itself as a sort of Switzerland of the Gulf. Microsoft’s $1 ...
reuters.com/breakingviews/microsofts-g42-deal-puts-uae-americas-ai-tent-2024-04-16/
Quick Glance: Microsoft to Invest $1.5 Billion in Emirati AI Firm G42 for Minority Stake
- Microsoft is investing $1.5 billion in the United Arab Emirates-based artificial intelligence firm G42 to acquire a minority stake and a board seat.
- The partnership aims to deepen ties between the USA and the UAE amid the global battle for tech dominance.
- The deal includes G42 using Microsoft cloud services to run its AI applications.
- G42 and Microsoft plan to jointly bring advanced AI and digital infrastructure to countries in the Middle East, Central Asia, and Africa.
Japanese AI tool predicts when recruits will quit jobs: Japanese businesses traditionally all hire graduates at the same time each year, but about one in 10 ...
channelnewsasia.com/asia/japan-ai-tool-predicts-quit-job-new-recruits-employee-data-4277971
Singapore Former Gymnast Young Jin Yee Has Tricky Task at UBS Wealth: Young Jin Yee quit her last job after less than six months to take on one of the hardest ...
bloomberg.com/news/articles/2024-04-09/singapore-former-gymnast-young-jin-yee-has-tricky-task-at-ubs-wealth
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Thai Central Bank Holds Rate, Deepening Rift With Government: Thailand’s central bank left interest rates unchanged, refusing to yield to the demands of Prime ...
bloomberg.com/news/articles/2024-04-10/thai-central-bank-holds-rate-deepening-rift-with-government
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On Himalayan hillsides grows Japan’s cold, hard cash: One of the poorest pockets of Asia supplies a primary ingredient for the economy in one of the richest.
nytimes.com/2024/04/15/world/asia/nepal-japan-yen-argeli.html
Quick Glance: Japanese Currency Cultivated from Himalayan Shrubs
- A shrub in Nepal supplies material for Asia's financial system.
- Argeli plant in Nepal was commonly used for firewood or fencing before Japan's currency involvement.
- Japan prints money on unique paper, not locally available, to meet the demand for fresh yen notes, benefiting Mr. Sherpa and neighbors.
Central Asian states have a coal dependency problem – report: Coal addiction in Kazakhstan, Kyrgyzstan fuels regional global warming conundrum.
eurasianet.org/central-asian-states-have-a-coal-dependency-problem-report
Pula raises $20M Series B to provide agricultural insurance to farmers in Africa, Asia and LatAm
techcrunch.com/2024/04/14/pula-raises-20m-series-b/
Hong Kong Gives Initial Approval for Spot-Bitcoin (BTC) and Ether (ETH) ETFs - Bloomberg
bloomberg.com/news/articles/2024-04-15/hong-kong-gives-initial-approval-for-spot-bitcoin-btc-and-ether-eth-etfs
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The Perception Game: How Are China and the US Viewed in Southeast Asia?: The State of Southeast Asia Survey 2024 reveals ASEAN's growing polarization amid ...
thediplomat.com/2024/04/the-perception-game-how-are-china-and-the-us-viewed-in-southeast-asia/
Bank of Thailand Holds Policy Rate Steady Despite Sluggish Economy: Thailand’s central bank kept its policy rate unchanged despite a slow economic recovery and ...
wsj.com/economy/central-banking/bank-of-thailand-holds-policy-rate-steady-despite-sluggish-economy-2bc671f3
Apple to spend $340 million to renovate, expand Ang Mo Kio campus: The expanded campus will allow the tech giant to add hundreds of new roles here.
straitstimes.com/tech/apple-to-spend-340-million-to-renovate-expand-ang-mo-kio-campus
How Thai, Korean, Malaysian Rate Cut Bets Are Shifting Due to Fed Pivot: Asian central banks’ need for assertive defense of their currencies is driving traders ...
bloomberg.com/news/articles/2024-04-18/slower-fed-pivot-weakens-rate-cut-bets-across-emerging-asia
OpenAI Expands to Asia, Launches Japanese GPT-4 Model: OpenAI opens an office in Japan, a country with rules that generally allow AI firms to use copyrighted ...
uk.pcmag.com/ai/151858/openai-expands-to-asia-launches-japanese-gpt-4-model
Lufthansa evaluates new China routes amid slow recovery in capacity: Lufthansa Airlines' capacity on routes to and from China has returned to 70% of the levels ...
reuters.com/business/aerospace-defense/lufthansa-evaluates-new-china-routes-amid-slow-recovery-capacity-2024-04-19/
Southeast Asia 'woefully off track' on green investment, Bain says: South East Asia is
reuters.com/sustainability/climate-energy/southeast-asia-woefully-off-track-green-investment-bain-says-2024-04-15/
Singapore keeps monetary policy unchanged as inflation risks linger: Singapore's central bank left its monetary policy unchanged on Friday, in line with ...
reuters.com/markets/asia/singapore-central-bank-keeps-monetary-policy-unchanged-2024-04-12/
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