Tag: Asia

Asian markets lifted by recovery hope, Tokyo breaks 30,000

HONG KONG, China (AFP) — Asian markets rose Tuesday, extending recent gains on optimism about the global outlook, though rising Delta coronavirus cases and worries about a slowdown in the economic recovery continue to cast a shadow. Tokyo’s Nikkei 225 briefly broke 30,000 for the first time in five months on growing expectations for a fresh injection of stimulus after Japan’s prime minister said he would step aside. Traders were also cheered by a better-than-forecast […]

Asian markets mostly up as weak US data soothes taper worries

HONG KONG, China (AFP) — Asian markets mostly rose Monday after a big miss on US jobs creation last month fuelled optimism that the Federal Reserve will hold fire on tapering its massive financial support programme, while Tokyo extended last week’s rally on hopes for more economic stimulus. Closely watched data on Friday showed about a third of the expected number of new jobs were added to the world’s top economy in August, largely because […]

Asian markets fluctuate as traders weigh recovery against Delta

HONG KONG, China (AFP) — Asian markets were mixed Wednesday as investors tried to assess whether the global recovery will be resilient enough to withstand the fast-spreading Delta Covid variant, with optimism being tested by the stuttering rollout of vaccines and a spike in infections in some countries. China’s drive to tighten its grip on the world’s number two economy with a swathe of new regulations for private enterprises is also weighing on sentiment, while […]

Beijing continues to coerce, intimidate in South China Sea: Harris

US Vice President Kamala Harris accused Beijing on Tuesday of coercion and intimidation in the hotly disputed South China Sea, as she sought to rally allies against an increasingly assertive China. “Beijing continues to coerce, to intimidate and to make claims to the vast majority of the South China Sea,” she said in a speech in Singapore, laying out her administration’s foreign policy goals for Asia. “Beijing’s actions continue to undermine the rules-based order and […]

Asia markets down on Delta variant gloom

HONG KONG, China (AFP) — Asian markets were broadly down Tuesday as investors weighed record gains on Wall Street against fears the resurgent Delta coronavirus variant may put the brakes on the global economic recovery. Major US indices rebounded overnight from a slow start as bargain hunters stepped up purchases — leaving both the Dow and S&P 500 finishing narrowly positive to extend a streak of record-high closes to a fifth straight day. Buoyed by […]

Asian markets drop as traders eye Fed move, Delta spread

HONG KONG, China (AFP) — Asian markets fell Friday as a broadly positive week drew to a close with investors pricing in the likelihood that Federal Reserve officials will start withdrawing the vast financial support put in place at the start of the pandemic. The fast-spreading Delta virus variant, which is forcing governments to introduce containment measures, and the Chinese government’s campaign to tighten its grip on the world’s number two economy were also playing […]

Asian markets mixed as Delta fans recovery concerns

HONG KONG, China (AFP) —  Asian markets were mixed Tuesday and oil extended losses as the impact of the fast-spreading Delta coronavirus variant on the global recovery fuelled concerns the outlook might not be as rosy as initially hoped. While corporate earnings continue to impress, trader optimism has taken a knock after a series of below-forecast readings from the world’s biggest economies including crucial growth drivers the United States and China. At the same time, […]

Covid cases surge in Asia as Delta wreaks havoc worldwide

by Agnes Anya, with AFP bureaus JAKARTA, Indonesia (AFP) — Indonesia, Iran and France were suffering alarming surges in coronavirus cases Tuesday, as governments raced to vaccinate populations in a bid to outpace the highly-contagious Delta variant wreaking havoc across the globe. The new cases come as the head of the Olympics admitted Tuesday he suffered “sleepless” nights leading up to the Tokyo Games, due to open Friday and already marred by outbreaks. Nearly 3.7 […]

Five dead after Tajikistan quake

  DUSHANBE, Tajikistan (AFP) — An earthquake struck eastern Tajikistan on Saturday morning, killing at least five people, according to authorities in the mountainous Central Asian country. Tremors from the 5.9 magnitude quake could be felt in the capital of Dushanbe, 165 kilometres (100 miles) southwest of the epicentre. “Dozens of houses were destroyed,” the Tajik committee for emergency situations said. “Power lines were also partly damaged” in three villages in the district of Tajikabad, […]

Indonesia to impose ’emergency’ curbs to battle virus surge

  JAKARTA, Indonesia (AFP) — Indonesia will impose “emergency” coronavirus restrictions this week to battle an alarming surge in infections, President Joko Widodo said Thursday, as the country scrambles to avoid a collapse of its overwhelmed healthcare system. Widodo said the new restrictions, starting Friday, would last more than two weeks in the capital Jakarta and across hard-hit Java, as well as on the holiday island Bali, after infections surged to record levels. New daily […]

Rare giant barking deer spotted in Cambodia

PHNOM PENH, CAMBODIA (AFP) — A critically endangered giant barking deer has been spotted in Cambodia for the first time, in a boost for the country’s wildlife preservation efforts, officials said Friday. The giant muntjac — known for its long antlers — was captured on a hidden camera in April in northeast Cambodia’s Virachey National Park in Ratanakiri province, environment ministry spokesman Neth Pheaktra said. But the discovery was only made recently after Cambodian authorities […]

In Memoriam: Former Pres. Aquino explains why he was against the death penalty

https://www.youtube.com/watch?v=Dh4-E738Sp8   (Editor’s Note: In an interview with Eagle News Service in July 2019, former President Benigno Simeon “Noynoy” Aquino III gives his views about several issues. We are re-publishing this exclusive interview to share the insights of the late President Noynoy Aquino who passed away on June 24, 2021. In this part of the video interview, he shares that in his younger years, he was for the death penalty, and would often even have […]