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Asia's Central Banks Beset by Threats Find Solace in Stable Food

Asia's Central Banks Beset by Threats Find Solace in Stable Food

Asian central bankers grappling with wobbly markets, higher energy costs and simmering trade tensions are getting relief from an old foe: food prices. In a region vulnerable to volatile price swings, food inflation has been largely contained, thanks in part to favorable weather and increased investment in production, storage and distribution. For developing nations like […]

Rose McGowan speaks about Asia Argento, Anthony Bourdain and suicide

Rose McGowan speaks about Asia Argento, Anthony Bourdain and suicide

“I know before Anthony died he reached out for help, and yet he did not take the doctor’s advice. And that has led us here, to this tragedy, to this loss, to this world of hurt,” the actress, author and advocate said in a statement. “Do NOT do the sexist thing and burn a woman […]

Asia Stocks See Muted Start to Week; Dollar Drifts: Markets Wrap

Asia Stocks See Muted Start to Week; Dollar Drifts: Markets Wrap

Asian stocks traded mixed Monday, with limited fallout from a tumultuous G-7 meeting. The dollar steadied and the yen retreated as President Donald Trump readied for his summit in Singapore Tuesday with North Korea’s Kim Jong Un. Japanese, Hong Kong and South Korean shares showed modest gains while Chinese stocks slipped. Australia’s markets were shut […]

Women's Asia Cup: India To Face Bangladesh In A Quest For 7th Title

Women's Asia Cup: India To Face Bangladesh In A Quest For 7th Title

India dished out a clinical performance to hammer arch-rivals Pakistan by seven wickets. © Twitter Bangladesh outclassed hosts Malaysia by 70 runs in their final league tie to set their date with six-time champions India in the summit clash of the women’s Asia Cup at the Kinrara Academy Oval in Kuala Lumpur on Sunday. […]

Anthony Bourdain Suicide: Girlfriend, Asia Argento, Speaks Out After Chef's Death

Anthony Bourdain Suicide: Girlfriend, Asia Argento, Speaks Out After Chef's Death

Asia Argento has broken her silence in the wake of her celebrity chef boyfriend Anthony Bourdain’s suicide. Argento, who recently made headlines by boldly addressing Harvey Weinstein rape allegations at the Cannes Film Festival, was just as nakedly honest in a Twitter post Friday. pic.twitter.com/dB1s994Znf — Asia Argento (@AsiaArgento) June 8, 2018 “Anthony gave all of […]

Asia Minute: Two Countries Talking, Four Others Watching Closely

Asia Minute: Two Countries Talking, Four Others Watching Closely

We’re just a few days away from President Trump’s scheduled meeting with North Korea’s Kim Jong Un in Singapore. And while global attention has been focused on these two leaders, several others will be affected by whatever takes place in Singapore. Assuming President Trump and Kim Jong Un do get together in Singapore next week, […]

Germany certain to win UN council seat, but contest in Asia

Germany certain to win UN council seat, but contest in Asia

UNITED NATIONS (AP) — Germany and Belgium are certain to win seats on the U.N. Security Council after Israel dropped out of the race last month, but there will be one closely watched contest between Indonesia and the Maldives when the General Assembly votes Friday. The Security Council has five permanent members — the United […]

Deutsche Bank to Trim Coverage in Asia Equities Business

Deutsche Bank to Trim Coverage in Asia Equities Business

Deutsche Bank AG is cutting onshore sales and derivatives coverage in individual markets across Asia-Pacific as part of a restructuring of its equities business in the region, according to a person familiar with the matter. The move will involve unspecified staff reductions, the person said, requesting anonymity because the changes haven’t been announced. The German […]

East Asia Comes to Europe

East Asia Comes to Europe

Mid-May marked the one-year anniversary since the Belt and Road Initiative (BRI), China’s massive foreign policy initiative, held its first official Forum in Beijing. International reception of the initiative has been mixed, with the United States, Europe and Japan in particular expressing concerns about China’s possible ulterior motives, including in Europe. By contrast, there is […]

Risk of Default in Asia Is Rising as Governments Allow Failures

Risk of Default in Asia Is Rising as Governments Allow Failures

Asian companies face increased risk of default as politicians in the region accept more corporate failures, adding to strains as refinancing costs climb. China is allowing more defaults to happen as it promotes more market-driven pricing in bond markets, while India’s overhaul of its bankruptcy courts is forcing large delinquent borrowers into the courts. JPMorgan […]