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Recent Developments and News in Asia

KOSUKE TAKAMI - Nikkei staff writer - Fed's Harker sees possible '2 to 3' rate cuts ahead this year - asia.nikkei.com - state Wyoming

Fed's Harker sees possible '2 to 3' rate cuts ahead this year

JACKSON HOLE, Wyoming -- Patrick Harker, the president of the Federal Reserve Bank of Philadelphia, said Friday that he supports two or three interest rate cuts in 2024, barring any substantial changes to U.S. economic data.

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Japan university student spending nears bubble era peak - asia.nikkei.com - Japan - city Tokyo

Japan university student spending nears bubble era peak

TOKYO -- Spending on hobbies and leisure activities by university students in Japan has bounced back to the 30-year-old record level reached during the go-go years of the bubble economy era, supported thanks to higher pay for part-time jobs, according to a survey by university co-op group.

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Fumio Kishida - Ishiba announces bid to succeed Kishida as Japan's leader - asiaone.com - Japan - city Tokyo

Ishiba announces bid to succeed Kishida as Japan's leader

TOKYO - Shigeru Ishiba, a former defence minister, said on Saturday (Aug 24) he would run in the ruling Liberal Democratic Party leadership election on Sept 27 that will pick a successor to Prime Minister Fumio Kishida.

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At least 27 killed as bus carrying Indian tourists plunges into Nepal river - asiaone.com - India - Nepal - city Kathmandu

At least 27 killed as bus carrying Indian tourists plunges into Nepal river

KATHMANDU - A bus carrying 43 Indian tourists and crew members plunged into a rain-swollen river in neighbouring Nepal on Friday (Aug 23), killing more than half of those on board, a Nepali armed police spokesperson said.

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Nikkei senior staff writer - Indonesia's 'field of dreams': Youth tournament to pitch baseball to nation - asia.nikkei.com - Japan - Indonesia - Singapore - city Tokyo - city Singapore - city Jakarta

Indonesia's 'field of dreams': Youth tournament to pitch baseball to nation

TOKYO -- A former Yomiuri Giants player is working to popularize baseball in Southeast Asia, with plans to hold a tournament in Jakarta modeled after Japan's "Summer Koshien" high school championship.

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Agence FrancePresse - Energy-hungry Singapore eyes Malaysia’s rainforests, Australia’s deserts, for clean power - scmp.com - Indonesia - Malaysia - Singapore - Australia - city Singapore

Energy-hungry Singapore eyes Malaysia’s rainforests, Australia’s deserts, for clean power

This week Australia announced a massive solar farm that it hopes will eventually offer two gigawatts of power to Singapore via undersea cable.

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Southeast Asian - Zachary Abuza - As South China Sea stakes ratchet ever higher, Vietnam seeks out calmer waters - scmp.com - China - Philippines - Washington - Vietnam - city Beijing - city Hanoi

As South China Sea stakes ratchet ever higher, Vietnam seeks out calmer waters

Bamboo, known for its ability to bend without breaking, lends its name to Vietnam’s diplomatic approach – reflecting the flexibility at the heart of the nation’s foreign policy.

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Aidan Jones - ‘Back to square one’? Thailand confronts ghosts of its past with Shinawatra restoration - scmp.com - Thailand

‘Back to square one’? Thailand confronts ghosts of its past with Shinawatra restoration

That shocking electoral loss forced the Shinawatra clan to change its political clothes, with Pheu Thai now seen by critics as the underwriter of arch-royalist conservative elite interests – a far cry from its past as a pro-democracy outsider championing wealth-redistribution policies to the rural poor.

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