Asia/Pacific

Alibaba Says It Considers Selling Convertible Bonds to Raise $5 Billion, Then Its Hong Kong Shares Suddenly Dropped

Alibaba Says It Considers Selling Convertible Bonds to Raise $5 Billion, Then Its Hong Kong Shares Suddenly Dropped

Hong Kong-listed shares of Alibaba dropped more than 5% on Thursday after news broke that the Chinese e-commerce giant was considering issuing convertible notes to get $5 billion.


South Korea, Japan, China Confirmed to Meet Next Week for First Time Since 2019

South Korea, Japan, and China are set to undergo a trilateral summit in Seoul on May 27, the first time the three nations held such talks in five years.

Vietnam's Chief Security Officer To Lam Named as Country's New President

Vietnamese public security minister To Lam has been appointed as the country’s new president after the resignation of Vo Van Thuong as part of the Communist Party’s anti-corruption policy.

British Man Dies in Singapore Airlines Flight After Boeing 777 Encounters Severe Turbulence

A British man named Geoff Kitchen died aboard a Singapore Airlines Boeing 777-300ER after the plane encountered turbulence, forcing the plane to divert to Bangkok.


Latest News

South Korea Bans North Korean Pop Song Praising Kim Jong Un
South Korea’s media regulator has banned the North Korean pop song ‘Friendly Father,’ claiming that it, and the accompanying music video, was "linked to psychological warfare" against the government in Seoul.
China Sanctions Boeing, Two US Defense Contractors for Taiwan Arm Sales
Amidst Taiwan's presidential inauguration, the Chinese government made a significant move by imposing sanctions on Boeing and two other defense companies.
William Lai Sworn In as Taiwan's New President
William Lai Ching-te has been sworn in as Taiwan’s new president, replacing Tsai Ing-wen after her eight-year tenure.
Canada Explores Raising Tariffs on Chinese EVs Following US Move Against China: Report
Canada is reportedly exploring raising tariffs on Chinese-produced electric vehicles (EVs) following the US decision to impose higher levies on these imports.
IMF Criticizes Joe Biden's Ramping Up Chinese Import Tariffs, Says US Should Work With China to Resolve Disputes
The IMF is urging the US to maintain its open trade system instead of imposing new punitive duties on goods from China.
Japan's SoftBank Is Harnessing the Power of AI to Prevent Customer Harassment by 'Softening' Angry Callers' Voices
Japan's SoftBank Corp. is banking on AI to tone down the voices of irate customers to help call center workers deal with such clients.
US Blocks Imports From 26 More Chinese Companies Tied to Uyghur Forced Labor
The US has announced it blocked imports from 26 Chinese cotton traders or warehouse facilities tied to Uyghur forced labor.
Garuda Indonesia's Boeing 747 Makes Emergency Landing Due to Engine Fire
An engine of Garuda Indonesia Flight 1105, a Boeing 747-400 carrying Muslim pilgrims to Mecca, caught fire during takeoff in Makassar airport, forcing the pilot to return to the runway in an emergency landing.
A tram passes by in the Central business district of Hong Kong
Hong Kong's reign as Asia's foremost financial powerhouse has been dethroned, once revered for its economic prowess, the city now finds itself surpassed by rival nations, marking a significant shift in the region's financial landscape.
Russia's Vladimir Putin Visits China's Xi Jinping to Strengthen Economic, Political Ties Amid US Global Dominance
Russia's President Vladimir Putin arrived in Beijing on Thursday for a two-day state visit that will include talks with China's President Xi Jinping to deepen the strategic partnership between the two countries perceived as enemies of the US.
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