Asian News

The first joint combat air drills between Japan and India are underway, signaling a deepening of the two country’s security ties as China continues to exert power and influence in the Asia-Pacific. Beijing is watching the development closely, with a spokesman calling on Tokyo and Delhi to “do more to …

MACAO: Macao’s former “junket king” Alvin Chau was sentenced on Wednesday (Jan 18) to 18 years in jail for running an illegal gambling empire, ending a criminal trial that shocked the casino hub and toppled one of its highest-profile gaming tycoons. The 48-year-old founder of Suncity Group pioneered the junket …

The Russian invasion of Ukraine that began in February 2022 continues, with casualties rising on both sides. Ukrainian forces are mounting a strong counteroffensive against Russian troops, reclaiming territory lost when Moscow launched its invasion. Ukraine has managed to withstand the Russian onslaught with the help of Western military aid, …

SINGAPORE : Asia’s diesel supplies are set to rise in early 2023 after a year of tight inventories as refiners ramp up output to capture higher margins and China maintains export volumes with new quotas, according to industry sources and analysts. The increasing supply will help Asian refiners capture some …

Advertisement 2023 is going to be a year marked by increased competition between states, big and small alike, to advance “territorial claims” in outer space. Japan, for instance, is taking the lead to redefine space operations, which have been traditionally dominated by state enterprises, by allowing private space entities to …

TOKYO : Japan’s top companies are gearing up to offer their biggest wage increases in decades, but there’s no way Hideki Kawada can afford raises for the 18 employees at his printing firm. Prime Minister Fumio Kishida has called on Japan Inc to increase pay and reverse decades of flat …

Airwallex is pleased to announce that it has launched multi-currency physical corporate cards in Singapore, available for all Singapore-based businesses. Airwallex’s physical cards complement its existing suite of virtual and digital wallet-supported corporate cards released in Singapore earlier in May this year. With its virtual financial products, customers enjoy various …

Advertisement On January 9, Taiwanese President Tsai Ing-wen welcomed a congressional delegation from the Republic of Paraguay to the presidential office in Taipei. Her objective was simple: to remind the visiting politicians of her country’s value as an ally. Tsai welcomed this delegation amid an uncertain time in bilateral ties. …

The Bank of Japan on Wednesday maintained ultra-low interest rates, including a bond yield cap it was struggling to defend, defying market expectations it would phase out its massive stimulus programme in the wake of rising inflationary pressure. The surprise decision sent the yen skidding against other currencies as investors …

Finbox Co-Founder and CEO Rajat Deshpande The demand for embedded finance is unlikely to be affected by the rise of digital-only/neo-banking, and they can beautifully co-exist, according to Rajat Deshpande, Co-Founder and CEO of Indian embedded finance startup Finbox. “Neo-banking may transform banking in terms of convenience and experience. However, the …

ASEAN Beat | Politics | Southeast Asia The four charges were filed against Ressa and her news site Rappler by President Rodrigo Duterte’s administration in 2018. Filipino journalist Maria Ressa, center, one of the winners of the 2021 Nobel Peace Prize and Rappler CEO, speaks to the media after a court decision at the …

BEIJING: Former high school teacher Ailia was devastated when her 85-year-old father died after displaying COVID-like symptoms as the virus swept through their hometown in the south-eastern province of Jiangxi. While her father was never tested, Ailia and her mother were both confirmed positive around the same time and she …