Latest Southeast Asia News

Asian stock markets higher after Wall St sinks further

May. 25, 2022 01:55 AM EDT

BEIJING (AP) — Asian stock markets gained Wednesday after Wall Street sank on weak U.S. housing sales and a profit warning by a prominent social media brand. Shanghai, Hong Kong and Seoul advanced while Tokyo declined. Oil prices rose more than $1 per barrel to stay above $110. ...

Japan's weaker yen a blessing to some, burden for others

May. 24, 2022 23:59 PM EDT

TOKYO (AP) — The Japanese yen has weakened, trading in recent weeks at 20-year lows of 130 yen to the U.S. dollar just when prices of oil and other goods are surging partly due to the war in Ukraine. The yen's value against the U.S. dollar and other currencies has fallen mainly...

Boat carrying Rohingya fleeing Myanmar capsizes, killing 16

May. 24, 2022 13:52 PM EDT

BANGKOK (AP) — At least 16 people from Myanmar’s Rohingya minority have died after a storm capsized the boat they were traveling on to seek refuge in another country, officials and a recovery team member said Tuesday. There were 35 survivors of Saturday's accident that took place...

Myanmar court gives go-ahead for Suu Kyi corruption trial

May. 24, 2022 07:34 AM EDT

BANGKOK (AP) — A court in Myanmar ruled Tuesday that a corruption trial for ousted leader Aung San Suu Kyi and three political colleagues will continue after finding that prosecutors presented sufficient evidence for their indictment. Suu Kyi, who was forced from office when the...

Duterte hits Putin: I kill criminals, not children, elders

May. 23, 2022 23:52 PM EDT

MANILA, Philippines (AP) — Outgoing Philippine President Rodrigo Duterte sharply criticized Russian leader Vladimir Putin for the killings of innocent civilians in Ukraine, saying while the two of them have been tagged as killers, “I kill criminals, I don’t kill children and the elderly.” ...

US, others say APEC walkout aimed at Russia over invasion

May. 23, 2022 08:55 AM EDT

BANGKOK (AP) — The United States and four other nations that walked out of an Asia-Pacific Economic Cooperation group meeting in Bangkok over the weekend underlined their support Monday for host nation Thailand, saying their protest was aimed solely at Russia because of its invasion of Ukraine. ...

Biden launches Indo-Pacific trade deal, warns over inflation

May. 23, 2022 07:50 AM EDT

TOKYO (AP) — President Joe Biden launched a new trade deal with 12 Indo-Pacific nations Monday aimed at strengthening their economies as he warned Americans worried about high inflation that it is "going to be a haul” before they feel relief. The president said he does not believe an economic...

7 die in Philippine ferry fire; over 120 rescued from water

May. 23, 2022 05:20 AM EDT

MANILA, Philippines (AP) — A ferry carrying more than 130 people caught fire in the northeastern Philippines on Monday, killing seven passengers and forcing many survivors to jump into the sea where they were rescued by other vessels. The fire rapidly spread from the engine room to...

EXPLAINER: What's in Biden's proposed new Asia trade pact?

May. 23, 2022 04:00 AM EDT

TOKYO (AP) — President Joe Biden faced a dilemma on trade in Asia: He couldn't just rejoin the Trans-Pacific Partnership that his predecessor had pulled the U.S. out of in 2017. Many related trade deals, regardless of their content, had become politically toxic for U.S. voters, who associated...

Popular independent wins Bangkok governor's election

May. 23, 2022 03:06 AM EDT

BANGKOK (AP) — Residents of the Thai capital Bangkok, in their first opportunity in nine years to vote for their city’s governor, have elected an independent politician seen as representing opponents of the country’s military-backed government, results released Monday showed. ...