Latest Asia News

Asian Development Bank raises growth forecast for region, but warns of risks from trade sanctions

Sep. 25, 2024 04:20 AM EDT

Developing economies in Asia are forecast to grow at a 5.0% annual pace this year, helped by a strong U.S. economy and surging demand for computer chips that power artificial intelligence, the Asian Development Bank said in a report Wednesday. The forecast was revised upward slightly...

IOC candidate Samaranch urges European lawmakers to invest in sport as a public health policy

Sep. 24, 2024 08:39 AM EDT

BUDAPEST, Hungary (AP) — IOC presidential candidate Juan Antonio Samaranch Jr. has urged European lawmakers to regard investing in sport as a public health policy in his first keynote speech of a six-month Olympic leadership campaign. “Let’s make this simple: Sport saves lives...

Stock market today: Wall Street drifts higher to set more records

Sep. 23, 2024 17:12 PM EDT

NEW YORK (AP) — U.S. stock indexes reached new heights Monday after drifting higher in a quiet day of trading. The S&P 500 rose 16.02 points, or 0.3%, to 5,718.57 and edged past its record set on Thursday. The Dow Jones Industrial Average added 61.29 points, or 0.1%, to its own...

Vatican confirms plans for Belgium, Luxembourg trip after pope cancels audiences due to illness

Sep. 23, 2024 06:31 AM EDT

VATICAN CITY (AP) — The Vatican confirmed that plans remain in place for Pope Francis to go to Belgium and Luxembourg later this week, despite having canceled all his audiences Monday because of a “slight flu-like state.” Vatican spokesperson Matteo Bruni said the cancellation...

Bomb targeting foreign diplomats’ convoy kills policeman in Pakistan’s restive northwest

Sep. 22, 2024 11:56 AM EDT

PESHAWAR, Pakistan (AP) — A roadside blast caused by an improvised explosive device, targeting a convoy of foreign diplomats, killed a policeman and injured four others, an official said Sunday. The diplomats were traveling to a tourist area in Khyber Pakhtunkhwa province, which...

Longshoremen at key US ports threatening to strike over automation and pay

Sep. 18, 2024 10:53 AM EDT

Determined to thwart the automating of their jobs, about 45,000 dockworkers along the U.S. East and Gulf Coasts are threatening to strike on Oct. 1, a move that would shut down ports that handle about half the nation's cargo from ships. The International Longshoremen's Union is...

Stock market today: Asian shares are mixed as Wall Street gears up for an interest rate cut

Sep. 17, 2024 00:16 AM EDT

Shares were mixed in Asia on Tuesday after the Dow Jones Industrial Average set a record as Wall Street geared up for Federal Reserve’s most anticipated meeting in years. Tokyo’s Nikkei index fell 2% to 35,828.54 and the Hang Seng in Hong Kong advanced 1.4% to 17,661.70. ...

87 and hobbled, Pope Francis goes off-script in Asia and reminds world he can still draw a crowd

Sep. 15, 2024 07:02 AM EDT

DILI, East Timor (AP) — It was the farthest trip of his pontificate and one of the longest papal trips ever in terms of days on the road and distance traveled. But Pope Francis, age 87, hobbled by bad knees and bent over with sciatica, appeared to be having the time of his life. ...

A review of some of Pope Francis' most memorable quotes over his papacy

Sep. 13, 2024 17:30 PM EDT

On Friday, flying back to Rome from a lengthy trip to Asia, Pope Francis criticized both U.S. presidential candidates for what he called anti-life policies on abortion and migration. He advised American Catholics to choose who they think is the “lesser evil” in the upcoming U.S. elections. ...

Pope slams both Harris and Trump as 'against life' and urges Catholics to vote for 'lesser evil'

Sep. 13, 2024 17:07 PM EDT

ABOARD THE PAPAL PLANE (AP) — Pope Francis on Friday slammed both U.S. presidential candidates for what he called anti-life policies on abortion and migration, and he advised American Catholics to choose who they think is the “lesser evil” in the upcoming U.S. elections. ...