asia
23 stories related to this topic, newest first.
manilatimes.netPhilippines Receives First Iranian Crude Cargo Since Hormuz Blockade
A Suezmax tanker delivered Iranian crude to the Bataan refinery in mid-May after a ship-to-ship transfer near Singapore. The shipment marks the first Iranian oil cargo received by the Philippines since the Strait of Hormuz disruption began.
theinertia.comSuper El Nino Threatens to Worsen Asia Fuel and Power Shortages
Drought and high temperatures linked to a potential Super El Nino this summer are expected to increase electricity demand across Asia while oil and gas supplies remain constrained.
channelnewsasia.comBank of Singapore Increases Hiring to Target Ultra-High-Net-Worth Clients in Asia
Bank of Singapore is expanding its recruitment efforts as it focuses on attracting ultra-high-net-worth clients across Asia. The Business Times reported the development on Wednesday.
thequint.comForbes Names 30 Under 30 Asia Honorees in Social Media, Marketing and Advertising
Forbes published its 2026 list of 30 Under 30 Asia recipients in the Social Media, Marketing & Advertising category. The list recognizes creators and marketers under age 30 who use digital platforms to share art, science, and current affairs with younger audiences.
EuronewsAsian Infrastructure Investment Bank Official Calls for Coordinated MDB Action on Digital Infrastructure
Hun Kim, Chief Partnerships Officer of the Asian Infrastructure Investment Bank, wrote that multilateral development banks should coordinate to attract private capital for digital infrastructure across Asia. The opinion piece outlines gaps in basic connectivity and AI readiness i…
dohanews.coVenezuelan Oil Shipments to India Increase 50 Percent
Venezuelan crude deliveries to India increased roughly 50 percent in the most recent quarter. The rise follows the blockage of about one-fifth of global crude trade through the Strait of Hormuz.
focustaiwan.twAsian Philanthropic Groups Increase Climate Funding as U.S. and Europe Cut Aid
Asian organizations are expanding support for climate projects after the United States and several European countries reduced international climate assistance. Reports show current funding covers only a fraction of estimated regional needs.
onemileatatime.comRosewood Hotels Sets 16-Week Paid Parental Leave Policy for All Employees
The Hong Kong-based hotel chain introduced a global parental leave benefit offering 16 weeks of fully paid leave to every employee, regardless of gender, seniority, or whether the child is adopted. The policy exceeds statutory minimums in most Asian markets where the company oper…
upi.comChina, India Increase Brazilian Crude Imports After Hormuz Disruptions
China and India increased purchases of Brazilian oil between January and May 2026 as shipping through the Strait of Hormuz faced continued restrictions. Data from Kpler showed average daily imports from Brazil rising to 1.8 million barrels.
financialpost.comAsian Currencies Face Pressure From Rising Oil Prices and Strong Dollar
Rising oil prices and a stronger dollar are placing pressure on Asian foreign-exchange reserves. The reserves were accumulated after the 1997 financial crisis.
techcentral.co.zaSamsung, TSMC shares gain on AI demand
Samsung and TSMC shares have increased as demand for AI-related chips grows. The gains have affected stock markets in South Korea and Taiwan.
deadline.comHien Truong Wins Men's Singles at 2026 Kuala Lumpur Open
Hien Truong defeated Hung Anh Nguyen and Nasa Hatakeyama to win the men's singles title at the 2026 Panas Kuala Lumpur Open. Several lower-seeded players advanced past top seeds in both men's and women's draws.
indianexpress.comBhutan Offers Zero Corporate and Capital Gains Tax Plus Fast-Track Licensing for Regulated Crypto Firms in Gelephu
Bhutan's Gelephu Mindfulness City has introduced an accelerated licensing pathway for globally regulated crypto firms. The initiative provides integrated regulatory and banking access along with 0% corporate tax and zero capital gains tax for qualifying companies. @CoinDesk repor…
Breaking DefenseTaiwan Legislature Passes NT$780 Billion Supplementary Defense Budget After Cutting Domestic Missile Programs
Taiwan’s opposition-controlled legislature passed the pared-back spending measure on Friday in a 59-0 vote, with Democratic Progressive Party lawmakers abstaining. The funds are restricted to two U.S. arms packages and do not include earlier proposals for domestic defense program…
TechCrunchConfig Raises $27 Million Seed Round at Over $200 Million Valuation
The Seoul- and San Jose-based startup building the data layer for robotic foundation models closed an oversubscribed seed at a valuation exceeding $200 million. The round brings Config’s total funding to $35 million as it scales human motion data collection toward one million hou…
japantimes.co.jpChina Court Sentences Former Defense Ministers Wei Fenghe and Li Shangfu to Suspended Death Penalty for Bribery
A Chinese court sentenced former defense ministers Wei Fenghe and Li Shangfu to death with a two-year reprieve on bribery charges. The sentences are expected to be commuted to life imprisonment without parole after the reprieve period. The case forms part of a broader series of p…
MarketWatchSamsung Electronics Hits $1 Trillion Market Value
Samsung Electronics hit a $1 trillion market valuation on May 6, 2026, after shares rallied 11% early in the session. The South Korean company became the second Asian firm to reach the milestone after Taiwan Semiconductor Manufacturing Co. Booming demand for artificial intelligen…
ibtimes.co.ukChina Allows State-Owned Refiners to Export Limited Fuels to Asian Customers
China has permitted state-owned refiners to export some gasoline, diesel, and jet fuel to select regular customers in Asia. This move indicates an easing of a previous ban on such shipments. The development affects fuel exports from the country.
user:Atsasebo / Wikimedia (CC BY-SA 3.0)Tanker Arrival in Asia Highlights Ongoing Crude Oil Shortages
A tanker arrival in Asia has drawn significant media attention due to persistent crude oil shortages in the region. This unusual focus on a routine shipment underscores the severity of supply constraints. Energy analysts are monitoring the situation for potential effects on globa…
en.antaranews.com6th Asian Beach Games Begin in China's Sanya with 45 Delegations, Following Two COVID-Related Postponements
The 6th Asian Beach Games commenced on April 23, 2026, in Sanya, China, following delays due to the COVID-19 pandemic. Chinese State Councilor Shen Yiqin declared the event open during a seaside ceremony. The games feature 14 sports and draw around 10,000 participants, including…
Substrate placeholder — needs reviewVietnamese Ride-Hailing Company Plans IPO in Second Half of 2028
A Vietnamese ride-hailing taxi company intends to launch an initial public offering in the latter part of 2028, as announced by its founder. The company is owned by Pham Nhat Vuong, identified as Vietnam's richest man. No details on the exchange or expected valuation were disclos…
Substrate placeholder — needs reviewMercuria Energy Plans to Raise at Least $200 Million in Asia Financing
Mercuria Energy is seeking at least $200 million in financing from Asia amid rising costs from the Iran war. Commodity traders are turning to alternative funding sources. The move reflects broader challenges in purchasing cargoes due to the conflict.
Substrate placeholder — needs reviewBritish Airways Adjusts Flight Routes by Reducing Middle East Services and Expanding Asia and Africa Operations
British Airways has announced reductions in flights to the Middle East while planning increases to destinations in Asia and Africa. A spokesperson confirmed the changes, which reflect shifts in regional demand and operational priorities. The adjustments aim to optimize the airlin…