3 h. ago Navy Seals killed North Korean civilians in botched 2019 mission: US report

US Navy Seals shot and killed a number of North Korean civilians during a botched covert mission to plant a listening device in the nuclear-armed country during high-stakes diplomatic negotiations in 2019, The New York Times reported on Friday. Citing unidentified sources, including current and former military officials with knowledge of the still-classified details, the newspaper said US President Donald Trump approved the operation during his first administration, as he was involved in...

Events

6 h. ago Singapore must be Asia’s gateway, uphold social mobility at home: president

Singapore must remain a reliable base and a gateway to Asia’s dynamism in an increasingly divided world, while addressing social mobility and cohesion at home, President Tharman Shanmugaratnam said on Friday. Tharman, a former cabinet minister, was speaking at the opening of the 15th parliament in Singapore, during which the city state’s president addresses MPs on key issues in the fresh five-year term. He noted that the new parliament was opening amid a more fragmented world where economic...

Politics

6 h. ago Was Philippine police chief sacked for rejecting ‘overpriced’ gun deal?

A controversy over an alleged overpriced firearms deal has intensified in the Philippines, with insiders claiming that national police chief Nicolas Torre III was removed from his post for rejecting a proposed procurement of 80,000 assault rifles – a transaction some believe was padded by billions of pesos. While officials framed Torre’s dismissal as an administrative matter, multiple sources told This Week in Asia he was sacked for rejecting the “overpriced” 8 billion Philippine peso (US$140...

Economics

6 h. ago Wall Street climbs to new highs on hopes of interest rate cuts

US stocks are rising to more records on expectations that the Federal Reserve will have to cut interest rates soon to help the economy. The S&P 500 climbed 0.4 per cent on Friday. The Dow Jones Industrial Average added 93 points, and the Nasdaq composite gained 0.7 per cent. The action was much stronger in the bond market, where Treasury yields tumbled following the latest weaker-than-expected update on the US job market. That raised expectations for a cut to rates by the Fed later this month....

Politics

7 h. ago Hiring stalls as US firms hold back expansion amid economic uncertainty

US employers added just 22,000 jobs last month as the labour market continued to cool under uncertainty over President Donald Trump’s economic policies. The Labor Department said on Friday that hiring decelerated from 79,000 in July and came in below the roughly 80,000 economists had expected for August. The unemployment rate ticked up to 4.3 per cent, also worse than expected and the highest level since 2021, the Labor Department reported on Friday. When the department put out a disappointing...

Economics

8 h. ago Ukraine war must be resolved within UN halls, not on the battlefield

This year marks the 80th anniversary of Japan’s surrender in World War II and the founding of the United Nations. Humanity learned with great pain that peace and security must coexist for all nations, and the vicious circle of war must not be repeated. In 1941, the United States imposed an oil embargo on Japan in response to its expansion in Asia and invasion of French Indochina. For the US and its allies, Japan’s militant aggression was a blatant violation of peace; for Japan, the embargo was...

Events

9 h. ago Analysts mixed on outlook for Sun Hung Kai Properties’ shares

Analysts said they had mixed views about Sun Hung Kai Properties’ (SHKP) shares after Hong Kong’s largest property developer by market capitalisation reported a slight increase in its full-year earnings. On Friday, Morningstar cut its price target for SHKP to HK$105 from HK$115, but said the company was trading at a good discount. UOB Kay Hian and Morgan Stanley said the earnings were largely in line with expectations. The US investment bank had an overweight recommendation and expected earnings...

Politics

11 h. ago ‘Better than being killed’: Japan’s women turn to pepper spray – at legal risk

As dusk falls across Japan’s cities, a sense of unease falls upon many women on their journeys home. Reports of brutal femicides have struck a deep chord, fuelling a surge in the purchase of self-defence items – even as legal experts warn that arming oneself may come at a cost. The recent killing of Megumi Katayama, 24, who was stabbed multiple times by a stranger in a Kobe residential lift last month, has stoked public concern. Social media platforms buzzed with messages urging women to take...

Events

11 h. ago Asia week ahead: Key data on China, Japan, South Korea and Taiwan

Asia week ahead: Key data on China, Japan, South Korea and Taiwan  ING THINK economic and financial analysis | ING Think

Politics

11 h. ago 2 Italian swimmers warned, banned from Singapore after airport shoplifting bust

Two Italian swimmers have been given a 12-month conditional warning and banned from re-entering Singapore after they were caught shoplifting three bottles of perfume from a duty-free shop at Changi airport last month. Singapore police on Thursday confirmed media reports that Chiara Tarantino, 22, and Benedetta Pilato, 20, had been arrested on August 14 for shoplifting, CNA reported. The pair had been in Singapore to compete in the World Aquatics Championships, in which Pilato won a bronze for...

Events

11 h. ago Thai parliament elects Anutin as new PM, ending political stalemate

Anutin Charnvirakul, a prominent construction tycoon and political conservative, has been chosen as Thailand’s next prime minister, capping a week of extraordinary political upheaval that saw the removal of his predecessor and the sudden flight of divisive billionaire Thaksin Shinawatra. Anutin, 58, secured a clear majority in Friday’s parliamentary vote, surpassing the 247-vote threshold required for victory in the lower house. His triumph was bolstered by the unexpected support of the...

Politics

13 h. ago Qantas Airways penalises CEO over data breach with bonus cut

Australia’s Qantas Airways said on Friday it had lowered bonuses for its CEO and her team as the airline shoulders responsibility for a hacking incident that breached personal data of millions of customers. Qantas CEO Vanessa Hudson will receive A$6.3 million (US$4.09 million) for the year to June 30, including a short-term bonus of A$2.04 million, trimmed by A$250,000 as part of the penalty, its annual report said. The total pay figure remains a fraction of the A$23.9 million received by former...

Politics

14 h. ago Putin says planned gas pipeline to China will be mutually beneficial, use market price formula

Putin says planned gas pipeline to China will be mutually beneficial, use market price formula  Reuters

Politics

14 h. ago Rail life story? Cartoon featuring South Korea’s Yoon returns to comics festival

A controversial cartoon featuring South Korea’s disgraced former first couple Yoon Suk-yeol and Kim Keon-hee is set to be displayed in public again this month, three years after its initial showing was cut short under government pressure. Yoonsukyeolcha by Park Se-eun from Chonnam Arts High School will be included in the annual Bucheon International Comics Festival as part of a retrospective show of prize-winning works from 2021 to 2025, the Korea Manhwa Contents Agency announced on Wednesday,...

Politics

16 h. ago Starbucks China valued at about US$5 billion by bidders, sources say

Most of the bidders seeking to buy a portion of Starbucks’ China operations have submitted offers valuing the business at as much as US$5 billion, said two people with knowledge of the discussions. That would make a potential deal one of the most valuable China unit divestments by a global consumer company in recent years. The offers, which have not been reported previously, would let Starbucks push ahead with the sale in a market where it faces sluggish growth and stiff competition from local...

Economics

17 h. ago Thaksin leaves Thailand ahead of court ruling that could see him jailed

Thailand’s former prime minister Thaksin Shinawatra made a sudden and surprising departure from the country on Thursday, just five days before a court ruling that could open him up to a new prison sentence. His exit came a week after the Constitutional Court removed his daughter, Paetongtarn Shinawatra, from her position as prime minister. The court found her guilty of an ethics violation for a politically compromising phone call with Cambodian Senate president Hun Sen. Parliament was set to...

Events

17 h. ago Thaksin flies to Dubai after missing Singapore airport landing deadline

Thailand’s former prime minister Thaksin Shinawatra made a sudden and surprising departure from the country on Thursday, just five days before a court ruling that could open him up to a new prison sentence. Thaksin told Thai immigration authorities at Bangkok’s Don Mueang Airport that his private jet was headed for Singapore. A police statement confirmed his plane was allowed to take off shortly after 7pm because he had no arrest warrant or court order preventing him from leaving the...

Events

17 h. ago Thailand’s Thaksin flies to Dubai after missing Singapore landing deadline

Thailand’s former prime minister Thaksin Shinawatra made a sudden and surprising departure from the country on Thursday, just five days before a court ruling that could open him up to a new prison sentence. Thaksin told Thai immigration authorities at Bangkok’s Don Mueang Airport that his private jet was headed for Singapore. A police statement confirmed his plane was allowed to take off shortly after 7pm because he had no arrest warrant or court order preventing him from leaving the...

Events

17 h. ago Japan Airlines says pilot repeatedly faked alcohol tests before flights

A Japan Airlines employee who admitted to drinking alcohol in Hawaii before his scheduled piloting duty last month, causing delays as the airline found a replacement, had on multiple occasions tampered with his testing kit to avoid detection under similar circumstances, the operator said on Thursday. The 64-year-old captain had been flagged by the airline as someone who needed close monitoring after he was found with a below-threshold level of alcohol seven years ago. He had vowed to quit...

Politics

18 h. ago Chinese firms still want Nvidia chips despite Beijing concerns: sources

Alibaba Group Holding, ByteDance and other Chinese tech firms remained keen on Nvidia’s artificial intelligence chips despite regulators in Beijing strongly discouraging them from such purchases, four people with knowledge of procurement discussions said. They wanted reassurance that their orders of Nvidia’s H20 model, which the US firm in July regained permission to sell in China, were being processed, and were closely monitoring Nvidia’s plans for a more powerful chip, tentatively named the...

Politics