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Hello from Yifan in California, your #techAsia host this week. It has been an usually busy summer in Silicon Valley, partly because of the ongoing AI race between Big Tech and startups, but the upcoming U.S. presidential election has also raised chaos among techies.
TOKYO -- Japan is set to have a new leader next month after Prime Minister Fumio Kishida announced he would not seek reelection as head of the ruling Liberal Democratic Party.
MANILA -- The Philippine central bank decided to cut its key policy rate by 25 basis points during a policy meeting on Thursday, kicking off a much-awaited loosening cycle to support the economy.
A New Zealand charity has apologised for distributing candies that contained a potentially lethal dose of methamphetamine.
ULAANBAATAR, Mongolia (AP) — With its reindeer sleigh rides, camel racing and stunning landscapes with room to roam, Mongolia is hoping to woo visitors who are truly looking to get away from it all.
The group is looking to ramp up occupancy rates in some of its retail assets and expand the floor space in its flagship shopping mall there, according to a senior group official. The mainland’s 1.4 billion population will be a powerful source of growth, he added.
Pheu Thai, the largest party in that coalition, now has a choice between 75-year-old former justice minister Chaikasem Nitisiri and the untested Paetongtarn Shinawatra, 37, the daughter of party patriarch Thaksin Shinawatra.
When Prime Minister Fumio Kishida announced plans to step down on Wednesday, he vowed that his departure would clear the way for a new leader who could bring change to Japan’s long-ruling Liberal Democratic Party.