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Recent Developments and News in Asia

Ruxandra Iordache - Libya’s power divisions could once more fracture its oil output – as markets question for how long - cnbc.com - Libya

Libya’s power divisions could once more fracture its oil output – as markets question for how long

A political standoff in Libya risks once more paralyzing the north African country's lucrative oil sector — but the frequency of its power tussles and crude disruptions have called long-term oil price support into question.

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Agence FrancePresse - Mumbai families risk lives in crumbling buildings amidst soaring rents and monsoon threats - scmp.com - India - city Mumbai

Mumbai families risk lives in crumbling buildings amidst soaring rents and monsoon threats

Among the swanky skyscrapers of India’s financial capital Mumbai, hundreds of dangerously dilapidated buildings facing demolition are crowded with families risking their lives rather than braving impossibly high rents.

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Ryan Browne - Pavel Durov - Telegram CEO charged with allowing criminal activity by French prosecutors - cnbc.com - France - Eu

Telegram CEO charged with allowing criminal activity by French prosecutors

French prosecutors on Wednesday charged Telegram CEO Pavel Durov with enabling criminal activity on the messaging platform and placed him under formal investigation following his arrest Saturday.

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Sarah Min - Ryan Detrick - Nasdaq 100 futures fall after Nvidia posts quarterly earnings: Live updates - cnbc.com

Nasdaq 100 futures fall after Nvidia posts quarterly earnings: Live updates

Nasdaq 100 futures fell Wednesday night after Nvidia — the artificial intelligence bellwether that's up more than 150% this year — posted strong quarterly results that nevertheless failed to live up to investors' lofty expectations.

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Ferdinand Marcos-Junior - Rodrigo Duterte - Raissa Robles - Sara Duterte - Philippines VP Sara Duterte ‘goes on offensive’ in budget hearing. Did it work? - scmp.com - China - Philippines

Philippines VP Sara Duterte ‘goes on offensive’ in budget hearing. Did it work?

Philippine Vice-President Sara Duterte-Carpio was defiant while defending her office budget for next year, in a Tuesday hearing in the House of Representatives, refusing to answer most questions while accusing lawmakers of gathering evidence for an impeachment case against her.

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CNA - Royal Malaysia - Khaled Nordin - Malaysian navy diver dies during salvage operations on wrecked naval vessel, inquiry launched - scmp.com - Malaysia - Sweden

Malaysian navy diver dies during salvage operations on wrecked naval vessel, inquiry launched

A Malaysian mine clearance diver died on Wednesday while carrying out salvage works on the wrecked navy vessel KD Pendekar.

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Donald Trump - C.Uday - C Uday Bhaskar - India and China continue to walk a fine line over Russia’s war in Ukraine - scmp.com - China - Usa - Russia - India - state Indiana - Ukraine - Brazil - county Summit - city Beijing - city New Delhi

India and China continue to walk a fine line over Russia’s war in Ukraine

While this might suggest Modi’s visit to Kyiv was a case of India supporting Ukraine in the festering war that is now in its 30th month, Modi himself was less direct on India’s position on Russia’s aggression. He said: “We have stayed away from the war with great conviction. This does not mean that we were indifferent. We were not neutral from day one, we have taken a side, and we stand firmly for peace.”

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Reuters - Malaysia 1MDB scandal: Swiss court convicts 2 executives in USUS$1.8 billion embezzlement case - scmp.com - Usa - Malaysia - Britain - Saudi Arabia - Switzerland

Malaysia 1MDB scandal: Swiss court convicts 2 executives in USUS$1.8 billion embezzlement case

The Swiss Federal Criminal Court convicted on Wednesday two executives at an oil exploration company for embezzling more than US$1.8 billion from Malaysia’s state investment fund 1MDB.

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