Europe stocks higher to round off winning week; Sterling gains after slew of UK data
LONDON — European markets were higher Friday, rounding off what's set to be a winning week for global stocks.
Recent Developments and News in Asia
Who Is Paetongtarn Shinawatra, Thailand’s New Prime Minister?
Thailand’s Parliament chose Paetongtarn Shinawatra, 37, to become the country’s prime minister on Friday, elevating a candidate with no governing experience to the leadership of a nation in profound political turmoil.
Southeast Asia low priority for Donald Trump in event of US election win: report
“Southeast Asia will not be a focus for a re-elected President Trump, which may allow other parts of the US system, including Congress, State Department, and US Indo-Pacific Command, to drive US engagement,” the institute’s Southeast Asia Program director Susannah Patton said.
Hong Kong second-quarter GDP expands 3.3% on the year
HONG KONG (Reuters) -- Hong Kong's economy expanded by 3.3% in the second quarter from a year earlier, the government said on Friday, adding that the economy should continue to grow.
Paetongtarn Shinawatra rises to become Thailand's second female PM
BANGKOK -- Paetongtarn Shinawatra was elected Thailand's 31st prime minister on Friday, becoming the country's second female leader and, at 37, the youngest head of government in Asia. She is also the third from her billionaire clan to serve as premier, after the ill-fated tenures of her father Thaksin and aunt Yingluck ended in military coups.
Alibaba, JD.com results underscore the slowdown in Chinese consumer demand
BEIJING — Chinese e-commerce giants Alibaba and JD.com's quarterly results from Thursday underscored the slowdown in China's consumer market, with retailers struggling to attract value-conscious customers.
'Pre-bunking' is key tactic in disinformation fight, says Taiwan's Audrey Tang
SYDNEY -- So-called pre-bunking is the "most important tactic" in the online battle against fake news and propaganda as it can undermine disinformation campaigns before they have even kicked off, according to former Taiwanese Digital Minister Audrey Tang.
‘Puppet of her dad’: new Thai PM Paetongtarn to remain in Thaksin’s shadow, analysts say
The appointment of Paetongtarn Shinawatra – a politically inexperienced novice – as Thailand’s new prime minister will mean that she will remain under the tutelage and in the “shadow” of her father, former leader Thaksin Shinawatra, who will “hold sway” over policymaking, analysts have said.