Philippine President Ferdinand “Bongbong” Marcos Jr. on Tuesday, September 20, called for the elimination of racism and Asian hate as he pledged to accelerate the implementation of a human rights joint programme with the United Nations. “We still dream of an end to the disturbing incidents of racism, of Asian hate, of all prejudice,” Marcos said in a speech at the 77th session of the United Nations General Assembly (UNGA). The Philippines-United Nations Joint […]
Tag: Asia
US launches Asia economic forum to counter China
LOS ANGELES, United States (AFP) — The United States began a series of meetings with ministers from the Asia-Pacific in Los Angeles on Thursday at an economic summit aimed at countering China’s growing influence in the region. The two-day event is the first face-to-face meeting between members of the new Indo-Pacific Economic Prosperity Framework (IPEF), an initiative launched in May by US President Joe Biden. With this new trade partnership, the Biden administration hopes to […]
Seven dead in SW China earthquake: state media
BEIJING, China (AFP) — At least seven people were killed when a 6.6-magnitude earthquake struck southwestern China on Monday, state media reported. Initial surveys showed that a number of towns in Sichuan province had sustained “serious damage to housing due to mountain landslides” while telecommunication lines had been cut off in some areas, according to state broadcaster CCTV. The quake shortly before 1 pm (0500 GMT) Monday hit around 43 kilometres (26 miles) southeast […]
Cambodian psychiatrist helping genocide survivors wins ‘Asia’s Nobel Prize’
Manila, Philippines (AFP) A Cambodian psychiatrist treating victims of the Khmer Rouge and a French environmentalist cleaning up Indonesian rivers were among the winners Wednesday of the 2022 Ramon Magsaysay Award — considered Asia’s Nobel Prize. The annual award, established in 1957 and named after a Philippines president who died in a plane crash, honours those who have performed “selfless service to the peoples of Asia”. The foundation that runs the award announced four winners […]
Asian markets down again as traders eye more monetary tightening
HONG KONG, China (AFP) – Stock markets resumed their downward trend Wednesday, with traders fearing the Federal Reserve’s determination to beat inflation with higher interest rates will tip the world’s top economy into recession. After bouncing from their June lows, global equities are once again taking a hiding from worried investors after Fed chief Jerome Powell warned last week the bank would need to tighten policy much more to succeed in its battle against prices. […]
Asian markets mixed as traders steel for more rate hikes
Tokyo, Sydney, Seoul, Singapore, Jakarta and Wellington all rose, but Hong Kong, Shanghai and Manila sank HONG KONG, China (AFP) — Asian markets were mixed Tuesday with confidence at a premium as traders contemplate the prospect of more Federal Reserve interest rate hikes and a possible recession. Wall Street suffered another day in the red after Friday’s capitulation in response to a warning from US central bank boss Jerome Powell that more tightening was needed […]
Asian, European markets tumble after Powell’s rates warning
HONG KONG, China (AFP) — Markets sank Monday and the dollar rallied after Fed boss Jerome Powell warned of more interest rate hikes to fight inflation and poured cold water on the prospects of a cut in the new year. The hefty selling tracked a painful day on Wall Street, where all three main indexes tanked between three and four percent as investors contemplated an extended period of monetary tightening. In a much-anticipated speech […]
Pres. Marcos Jr., joins entire PHL in mourning death of sprint queen Lydia De Vega
(Eagle News) – President Ferdinand Marcos Jr., joined the entire nation in mourning the death of Lydia de Vega, who was once known as Asia’s fastest woman. De Vega, 57, died of cancer on Wednesday evening, August 10. “I join the entire nation in mourning the untimely demise of former Asian sprint queen Lydia de Vega, after a four-year battle with breast cancer. My sincerest condolences to her family and loved ones,” Marcos Jr […]
Most Asian markets up as world oil prices drop to pre-Ukraine war level
HONG KONG, China (AFP) — Asian equities mostly rose Friday as a drop in oil prices to pre-Ukraine war levels stirred hopes of a slowdown in inflation and central bank interest rate hikes, while focus turns to key US jobs data later in the day. However, while markets have enjoyed a broadly positive week, optimism remains at a premium as traders fret over issues including the conflict in Eastern Europe, China’s military drills around […]
China’s foreign ministry issues statement on Pelosi’s visit to Taiwan
BEIJING, Aug. 2 (Xinhua) — China’s Ministry of Foreign Affairs on Tuesday issued a statement on Speaker of the U.S. House of Representatives Nancy Pelosi’s visit to China’s Taiwan region. Following is the full text of the statement: On 2 August, in disregard of China’s strong opposition and serious representations, Speaker of the U.S. House of Representatives Nancy Pelosi visited China’s Taiwan region. This is a serious violation of the one-China principle and the […]
China warns US will ‘pay the price’ if Pelosi visits Taiwan
Pelosi travelling on a military aircraft,”raises the stakes of miscalculation,” says US Nat’l Security Council coordinator John Kirby by Ludovic Ehret, with Patrick Lee in Kuala Lumpur and Amber Wang in Taipei Agence France Presse BEIJING, China (AFP) — China said Tuesday that the United States will “pay the price” if House Speaker Nancy Pelosi visits Taiwan during her Asia trip. Pelosi was in Malaysia, the second stop in a tour that has sparked rage […]
India reports Asia’s first possible monkeypox death
by Aishwarya KUMAR Agence France Presse NEW DELHI, India (AFP) — Indian authorities reported Asia’s first possible monkeypox fatality on Monday after the death of a man who recently returned from United Arab Emirates testing positive. Kerala state’s health ministry said tests on the 22-year-old “showed that the man had monkeypox”. Three monkeypox-related fatalities have so far been reported outside Africa in an outbreak that the World Health Organization has declared a global health […]





