Asian-News.net is your go-to online destination for comprehensive coverage of major news across Asia. From politics and business to culture and technology, we bring you the latest updates, deep analyses, and critical insights from every corner of the continent. Featuring exclusive interviews, high-quality photos, and engaging videos, we keep you informed on the breaking news and significant events shaping Asia. Stay connected with us to get a 24/7 update on the most important stories and trends. Our daily updates ensure that you never miss a beat on the happenings in Asia's diverse nations. Whether it's a political shift in China, economic development in India, technological advancements in Japan, or cultural events in Southeast Asia, Asian-News.net has it covered. Dive into the world of Asian news with us and stay ahead in understanding this dynamic and vibrant region.
Sam Bankman-Fried, who was convicted of stealing $8 billion from customers of his FTX cryptocurrency exchange, was sentenced to 25 years in prison. It was a significantly lighter sentence than the maximum penalty of 110 years that his charges carried, but was well above the six and a half years sought by his defense lawyers. Bankman-Fried was also ordered to forfeit $11.2 billion in assets.
China’s National Bureau of Statistics said yesterday that the economy grew 1.6 percent in the first quarter over the previous three months, despite a severe real estate crisis and sluggish spending at home. When projected out for the entire year, the first-quarter data indicates that the economy was growing at an annual rate of about 6.6 percent. China had set a growth target of about 5 percent for the year, a goal that many economists viewed as ambitious.
An Israeli delegation was scheduled to arrive in Cairo yesterday to participate in talks for a cease-fire, a senior Israeli official said. In Tel Aviv and Jerusalem, thousands took to the streets on consecutive days to protest Israel’s prime minister, Benjamin Netanyahu.
Russia has intensified its spread of online disinformation in an effort to derail military funding in the U.S. and Europe for Ukraine, according to experts and intelligence assessments. The campaign largely uses harder-to-trace technologies to amplify arguments for isolationism ahead of the U.S. elections.
Relations between the U.S. and Israel appear to have sunk to a new low after the U.S. abstained from a U.N. vote that allowed a Gaza cease-fire resolution to pass — and domestic politics in both countries are adding to the division.
The U.N. Security Council yesterday passed a resolution calling for an immediate cease-fire in Gaza for the month of Ramadan, which has two weeks remaining. The vote broke a five-month impasse during which the U.S. vetoed several calls for ending the war, while the humanitarian toll of Israel’s military offensive climbed higher. The resolution passed with 14 votes in favor. The U.S. abstained, which allowed it to pass.
Russia mourned after at least 137 people were killed when gunmen opened fire at a concert hall in a Moscow suburb, and investigators began bringing charges against those they said were responsible.
Israeli forces opened fire yesterday as a crowd gathered near an aid convoy in Gaza City, leaving dozens killed or injured, according to the Palestinian Authority news agency and an Israeli official.