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Temperatures rose above 52 degrees Celsius (125.6 degrees Fahrenheit) in Pakistan’s southern province of Sindh, the highest reading of the summer and close to the country’s record high amid an ongoing heatwave, the met office said on Monday.
BANGKOK -- Thailand will apply as soon as this month to join the BRICS bloc of emerging nations, the government said on Tuesday, aiming to team up with other Global South countries in boosting its presence on the global stage.
TOKYO -- Japanese food and drink makers are "reimporting" products they developed for the rest of Asia.
TOKYO -- With the yen hovering around 157 against the dollar, the Japanese currency's rapid depreciation has created problems for the country beyond costly imports, including by depressing wages in dollar terms and driving away foreign talent.
Growing up in India, I spent a lot of time listening to Hindi music on Radio Ceylon. I didn't know it at the time, but my attachment to the Colombo-based broadcaster was a perfect example of its extraordinary role in building links between the people of South Asia after independence from British rule.
At the root of the problem is the perceived strength of the US dollar, and the impact this has on capital outflows from Japan and other Asian economies into the greenback as yield differentials continue to widen and currency values adjust accordingly. Government bond yield differentials in favour of the United States have hovered near 400 basis points lately, while the yen has continued to weaken.
TOKYO -- Asian governments are increasingly taking action to stop the fall of their currencies that have been battered this year by the mighty U.S. dollar.
JAKARTA — As Indonesia's president elect Prabowo Subianto prepares to enter office in October, he looks set to take a more assertive stance in foreign policy, saying that diplomacy, negotiations, and the "Asian way" have helped to defuse tension.