Turkey opens world's longest suspension bridge, built by 'K-tech'
ISTANBUL -- From K-pop to K-beauty to a K-bridge: Turkey on Friday opened the world's longest suspension bridge, built together with South Korean contractors.
Asian news from Turkey
Turkey hikes interest rate again to 45% after inflation nears 65%
Turkey's central bank on Thursday hiked its key interest rate by another 250 basis points to 45%.
Turkey’s parliament approves Sweden’s NATO membership, lifting key a hurdle
Turkish legislators on Tuesday endorsed Sweden's membership in NATO, lifting a major hurdle on the previously nonaligned country's entry into the military alliance.
As more tankers divert from Suez Canal, there's a 'sea change' in way Europe is buying crude
Energy prices for Europe are expected to increase as more petroleum products and crude tankers are diverting away from the Rea Sea and Suez Canal. Longer trips for the Middle-Eastern barrels that replaced Russian flows to Europe introduce supply issues, and this is leading to a "sea change" in commodity purchases by Europe, and a boost for Atlantic Basin crude suppliers including the U.S. and Brazil.
Record-high prices unlikely to dim gold’s allure as Asia’s year of elections loom
“All [elections] are all important. But some elections have the ability to influence world affairs more so than others,” said Shaokai Fan, Global Head of Central Banks for the World Gold Council (WGC), highlighting that gold prices rose over the past weekend when Taiwan held its elections.
Australia sweats in heatwave lifting bushfire risk to highest danger level in some states, amid El Nino
Large swathes of Australia sweltered on Sunday in a heatwave, the nation’s weather forecaster said, raising bushfire risk in an already high-risk fire season amid an El Nino weather pattern.
Global South on the rise but likely to make world order unpredictable
TOKYO -- The pole of the world is shifting, though swingingly, from north to south due to the rise of emerging countries collectively called the Global South. The shift can upset conventional wisdom in the international community, but it is hardly smooth.