Typhoon Gaemi Heads for China as Cargo Ship Sinks Off Taiwan
Typhoon Gaemi was churning toward mainland China on Thursday afternoon as rescue personnel searched for nine sailors who went missing when a cargo ship sank in bad weather near Taiwan.
Asian news from China
South China Sea: is Philippines becoming a gateway for West’s Indo-Pacific interests?
Chester Cabalza, president of the International Development and Security Cooperation, told This Week in Asia that New Zealand’s desire to strengthen ties with Manila aligned with the West in “their strong position of rules-based order in the tense region”.
River dance: why India, Bangladesh should cooperate on water projects like Teesta
The Teesta River, opening out to the strategically significant Bay of Bengal, has for long been an important water source for irrigation and hydropower generation in both India and Bangladesh, playing a vital role in the economy and ecology of the region.
Tesla shares close down 12% after earnings miss for biggest slump since 2020
Tesla shares plummeted the most since 2020 after the electric vehicle maker reported weaker-than-expected quarterly earnings and another drop in automotive revenue.
China Unexpectedly Cuts Interest Rate as World Markets Sag
China’s central bank on Thursday cut a key interest rate, in Beijing’s second move this week to try to offset a weakening economy and a housing market crisis.
China aims to control dairy, beef output as weak sales hit prices
China plans to implement measures to help dairy and beef producers limit production to prevent prices from falling further, an agriculture official said on Wednesday, adding to existing rules on pork producers as meat consumption declines.
South China Sea: doubts surface over Philippines’ deal with Beijing on shoal missions
Analysts say Beijing seems to be framing the arrangement in a way that suggests the Philippines has conceded to its demands – a characterisation vehemently denied by Philippine officials.