Page 5 - Asia

What does the ongoing Russia-Ukraine conflict mean for West Asia?

Western commentators are struggling to describe the significance of Ukraine war. Fareed Zakaria has described it as "seismic event", the most significant international event since fall of Berlin Wall

As nations return to normalcy, Covid sees record rise in Europe, Asia

Even as many countries have completely relaxed Covid restrictions in the hope of returning to normalcy, infections have begun gaining momentum, particularly in Europe and Asia.

Saudi Arabia raises April crude selling prices to Asia to all-time highs

Saudi Arabia's Aramco raised April OSPs for crude it sells to Asia by over USD $2 a barrel, with some grades hitting all-time highs, as global market struggle with Russian oil disruption

Women's investible wealth grows more than that of men, shows data

When it comes to Asia (excluding Japan), women's investible wealth is expected to grow at a CAGR of 8.8 per cent to $7.3 trillion by 2025 from $4.8 trillion in 2020

Saudi Arabia may raise April crude prices to Asia to all-time highs

The official selling price (OSP) for Saudi's flagship Arab Light crude may rise to a record of $4.50 a barrel, up $1.70, three of five refining sources told Reuters in a survey.

Asian markets follow Wall Street lower amid simmering Ukraine crisis

Asian stock markets followed Wall Street lower Thursday as anxiety about a possible Russian invasion of Ukraine rose. Shanghai, Tokyo, Hong Kong and Sydney sank. Oil prices advanced on unease about possible disruption of Russian supplies. Wall Street's benchmark S&P 500 index fell 1.8% to an eight-month low after the Kremlin said rebels in eastern Ukraine asked for military assistance. Moscow has sent soldiers to some rebel-held areas after recognizing them as independent. US Secretary of State Antony Blinken said Moscow appeared to be poised to invade. Western governments have imposed sanctions on Russian banks, officials and business leaders. They have more severe options in reserve. Geopolitical risks remain at the forefront, weighing on risk assets, said Yeap Jun Rong of IG in a report. The Shanghai Composite Index lost 0.2% to 3,482.95 and the Nikkei 225 in Tokyo sank 0.7% to 26,255.65. The Hang Seng in Hong Kong tumbled 1.6% to 23,276.14. Asian economies face lower risks ..

China changing tune as birth rate at record low, faces ageing population

China's working-age population is fast declining. The number of people too old to work, comparatively, is rising. This will severely impact the country's ability to care for its elderly population.

Asia's 20 richest families control nearly $495 billion, shows data

The Ambanis, Hartonos and Mistrys lead Asia's wealthiest clans

India, central Asian countries pitch for boosting trade, connectivity

Leaders of five central Asian countries welcomed India's proposal to establish a joint working group to boost connectivity to the region through the Chabahar port in Iran

India, Central Asian countries call for achieving 'world free of terror'

India and five Central Asian countries asserted that providing support, using proxies for cross-border terrorism and terror financing go against the basic principles of humanity

PM Narendra Modi outlines stronger ties at India-Central Asia meet

Deepening connectivity, trade and economic relations, including a joint working group on Chabahar Port, were discussed at the first India-Central Asia summit hosted by Prime Minister Narendra Modi

Asia Cup Hockey: India's title hopes dashed after losing 2-3 to Korea

India will now play the loser of the second semifinal between Japan and China in the third-fourth place play-off match on Friday

Xi announces $500 mn for livelihood projects in Central Asian Countries

Chinese President Xi Jinping announced $500 million assistance to support the livelihood programs in five Central Asian Countries

Covid-19: Latin America and Asia latest to get hit with Omicron surge

Omicron quickly swept through the places it first hit, such as South Africa, the UK and the United States, pushing daily cases far higher than at any time during the pandemic

India signs agreement with international body on cooperative sector

India has signed an agreement with the International Co-Operative Alliance Asia And Pacific (ICAAP) intending to assimilate and develop further on the core strengths, experience

Asia's factory activity grows in Dec as firms take Omicron risks in stride

For now, the direct hit from Omicron on output appeared subdued, according to surveys released on Monday and Tuesday.

Asia looks to China-focused trade bloc for coronavirus recovery

Members of a China-centered Asian trade bloc that takes effect Jan. 1 are hoping the initiative, encompassing about a third of world trade and business activity, will help power their recoveries

Asia keeps Omicron variant at bay, but a surge may be inevitable

Strict quarantine rules for arrivals and widespread mask wearing have helped slow the spread of the highly contagious variant in Asia

Ready to take ties to next level: India to 5 Central Asian countries

India has reached out to all the top leaders of the five countries to grace the Republic Day celebrations

ADB trims growth forecasts for developing Asia to 7%, cites Omicron risks

ADB now sees 2021 GDP growth of 7.0% for developing Asia, down from 7.1%, and 2022 growth of 5.3%, down from 5.4% in September