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Recent Developments and News in Asia

Mukesh Ambani - India flags cricket rights concerns with Disney-Reliance $8.5 billion merger - cnbc.com - India

India flags cricket rights concerns with Disney-Reliance $8.5 billion merger

India's antitrust body has reached an initial assessment that the $8.5 billion India merger of Reliance and Walt Disney media assets harms competition due to their power over cricket broadcast rights, four sources told Reuters on Tuesday.

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Janet Yellen - William Pesek - US-China financial stress hotline a well-timed connection - asiatimes.com - China - Usa - Russia - India - South Africa - Brazil - county Gulf - county Jerome - city Powell, county Jerome

US-China financial stress hotline a well-timed connection

The US and China’s agreement to name point people to handle future “financial stress events” in the world’s two biggest economies and beyond could hardly be better timed.

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Leslie Josephs - Boeing pauses tests of 777X aircraft after finding damage to one of the jets' structures - cnbc.com

Boeing pauses tests of 777X aircraft after finding damage to one of the jets' structures

Boeing said Monday that it has paused flight tests of its 777X after it found damage in a structure of one of the wide-body aircraft.

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Narendra Modi - Rashtriya Swayamsevak Sangh - The Conversation - Modi’s alternative facts rely on invented experts - asiatimes.com - India - city New Delhi

Modi’s alternative facts rely on invented experts

Narendra Modi was reelected as India’s prime minister in June for a historic third term. Yet his Bharatiya Janata Party (BJP) does not have the privilege of an absolute majority for the first time in a decade. It will head a coalition government that is already rife with disagreement.

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Lee Ying Shan - Singapore introduces measures to cool the public housing market - cnbc.com - Singapore - county Price

Singapore introduces measures to cool the public housing market

Singapore has tightened the maximum loan that home buyers can take out in a bid to cool the country's public housing resale market.

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Richard Javad Heydarian - Alice Guo - In US lockstep, Philippines ‘de-risking’ from China - asiatimes.com - China - Usa - Philippines - city Manila

In US lockstep, Philippines ‘de-risking’ from China

MANILA – The Philippines and China have capped their tensions in the South China Sea after a series of incidents brought the two rival claimants dangerously close to armed conflict. But the fragile sea truce masks a more fundamental shift in Philippine-China relations.

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Tatiana Kanunnikova - Toward a greater Quad role in counterterrorism - asiatimes.com - Japan - Usa - India - Pakistan - North Korea - Australia - city Tokyo - city Delhi

Toward a greater Quad role in counterterrorism

On July 29, the foreign ministers of the United States, Australia, Japan and India held a meeting in Tokyo within the framework of the Quadrilateral Security Dialogue, commonly referred to as Quad. While the main items of the agenda were maritime security, Houthi attacks and denuclearization of the Korean Peninsula, the partners also affirmed their commitment to strengthening counterterrorism cooperation.

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Dylan Butts - Proposed 7-Eleven buyout deal will likely face antitrust scrutiny, retail analyst says - cnbc.com - Japan - Canada - Usa - state Texas - state Florida - city Tokyo

Proposed 7-Eleven buyout deal will likely face antitrust scrutiny, retail analyst says

Circle K operator Alimentation Couche-Tard's proposal to acquire Japanese rival and 7-Eleven owner Seven & i Holdings Co., is likely to attract antitrust scrutiny, particularly in the U.S., according to a retail analyst. 

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