Latest Asia News
Asian shares fall on banking turmoil, recession worries
BANGKOK (AP) — Shares fell Friday in Asia as worries over turmoil in the banking sector and recession risks overshadowed gains on Wall Street. Benchmarks declined in most major markets, while U.S. futures were higher. Oil prices fell. Investors are worried that more...
AP Week in Pictures: Asia
March 17-23, 2023 This photo gallery highlights some of the most compelling images made or published by Associated Press photographers in Asia and the Pacific. The gallery was curated by AP photo editor Masayo Yoshida in Tokyo. Follow AP visual...
Summer travel is likely to remain hot, so book early
Travel last summer was, in a word, wild. Pent-up “revenge” travel combined with relaxed restrictions caused a surge in demand. High fuel prices and limited airline capacity drove up costs, with overall travel prices increasing 17% over pre-pandemic levels by June 2022, according...
AP Week in Pictures: Asia
March 10-16, 2023 This photo gallery highlights some of the most compelling images made or published by Associated Press photographers in the Asia-Pacific region. The gallery was curated by AP photo editor Hiro Komae in Tokyo. Follow AP visual...
Asian shares up after First Republic aid spurs Wall St rally
BANGKOK (AP) — Shares advanced Friday in Asia, tracking a rally on Wall Street after a group of big banks offered a lifeline to First Republic Bank, the lender investors had focused on in their latest hunt for troubles in the banking industry. Chinese markets gained more than 1%...
Taiwan chip pioneer warns US plans will boost costs
TAIPEI, Taiwan (AP) — U.S. government efforts to shift production of processor chips from Asia to the United States will double their cost and slow the spread of their use in phones, cars and other products, the billionaire founder of the global industry’s biggest manufacturer warned Thursday....
EU eyes more naval visits in disputed South China Sea
MANILA, Philippines (AP) — The European Union wants to step up its naval visits and possibly engage in joint military training exercises to promote freedom of navigation and respect for international law in the disputed South China Sea, an EU official said Wednesday. EU special...
Asian shares extend losses as US banking worries persist
TOKYO (AP) — Asian shares declined Tuesday, as investors around the world watched to see what's next following the second- and third-largest bank failures in U.S. history. In Asia, direct exposure to the risks from the U.S. failures seemed slim, at least so far. Still, fears of...
AP Week in Pictures: Asia
March 3-9, 2023 This photo gallery highlights some of the most compelling images made or published by Associated Press photographers in Asia and the Pacific. The gallery was curated by AP photo editor Hiro Komae in Tokyo. Follow AP visual journalism: ...
Louisiana Gov. travels to Asia to strengthen business ties
BATON ROUGE, La. (AP) — Louisiana Gov. John Bel Edwards is traveling to Asia for a weeklong series of meetings with business leaders and policymakers in the hopes of growing foreign investment. Edwards, who left Friday and will return March 11, will visit South Korea and Japan. In...
