Yen’s plunge raises specter of new Asia currency crisis
TOKYO — The Japanese yen’s 12% plunge this year has traders wondering if the Group of Seven might have a currency crisis within their ranks.
Asian news from China
China’s AI-powered satellites imperil US aircraft carriers
China’s Taijing-4 03 radar imaging satellite has recently captured detailed images of the US Navy’s critical Naval Station Norfolk, underscoring its advanced space-based intelligence technologies and striking surveillance capabilities.
China’s Electric Cars Keep Improving, a Worry for Rivals Elsewhere
Automakers in China are building a new generation of bigger, more technologically advanced and competitive electric cars, threatening to leap further ahead of their global rivals as they step up exports around the world.
Philippines rethinks its South China Sea strategy to ‘uphold dignity’, minimise casualties
“We are re-strategising the way we do things, naturally with the end in view of both preventing injuries and number two, upholding the dignity of our country,” Defence Secretary Gilberto Teodoro junior said in an interview in his office in Manila on Tuesday.
Asia's first spot bitcoin, ether ETFs start trading in Hong Kong
HONG KONG: Hong Kong on Tuesday (Apr 30) launched trading of Asia's first spot bitcoin and ether exchange-traded funds (ETFs), moving forward in the city's race to become a regional virtual asset investment hub.
Nearly 50 years later, Asian American and Pacific Islander month features revelry and racial justice
It has been almost 50 years since the U.S. government established that Asian Americans, Native Hawaiians and Pacific Islanders and their accomplishments should be recognized annually across the nation.
Highway collapse in China’s southern Guangdong province leaves at least 19 dead, state media says
BEIJING (AP) — A section of a highway collapsed in southern China leaving at least 19 people dead, state broadcaster CCTV reported Wednesday.
Taiwan on alert for post-inauguration Chinese drills
TAIPEI - Taiwan is on alert for China to carry out military exercises after the inauguration of President-elect Lai Ching-te this month, the island's top security official said on Wednesday (May 1), noting that Beijing usually begins such drills in June.