Building a Climate-Resilient South Asia

Building a Climate-Resilient South Asia

A World Bank Spring Meetings panel discussed concrete climate actions and adaptation strategies to build a more climate-resilient South Asia. Last summer’s monsoon hit South Asia particularly hard and left nearly 1,400 people dead and displaced millions of others. In the last sixty years, such weather extremes have become more common in the subcontinent and, […]

Asia's appetite for endangered species is relentless

Asia's appetite for endangered species is relentless

EVEN the Minahasan people, who pride themselves on eating bushmeat, call the collection of stalls at Tomohon, in the highlands of North Sulawesi, the “extreme market”. There is certainly something extreme about the serried carcasses, blackened by blow torches to burn off the fur, the faces charred in a rictus grin. The sheer range of […]

Asia Stocks Face Mixed Start; Treasuries Retreat: Markets Wrap

Asia Stocks Face Mixed Start; Treasuries Retreat: Markets Wrap

By April 18, 2018, 5:37 PM EDT Asian stocks headed for a mixed start following a U.S. session dominated by the drop in Treasuries, as investors continue to assess the speed of monetary policy tightening. Oil surged. Treasury yields climbed to 2.87 percent in the wake of the Federal Reserve’s Beige Book report that showed […]

South-east Asia sprouts fake followers for prominent Twitter users

South-east Asia sprouts fake followers for prominent Twitter users

John Reed in Bangkok April 18, 2018 Print this page Prominent users of Twitter with links to south-east Asia have recently been followed by large numbers of anonymous new account-holders, fuelling an array of unconfirmed theories that shadowy political or commercial actors are exploiting the social media site. Journalists, academics, activists, entrepreneurs and UN officials […]

New tech revolutionizes fight against ancient diseases in Africa, Asia

New tech revolutionizes fight against ancient diseases in Africa, Asia

The case contained what appeared to be three ordinary iPhones. But the California researchers believed these phones could do something extraordinary — help quell river blindness, the second-leading cause of preventable blindness in the world. There is already an effective treatment, a medication that can kill the baby worms that cause the blindness. And when […]

Bank Branches Lose Their Allure in Developed Asia, McKinsey Says

Bank Branches Lose Their Allure in Developed Asia, McKinsey Says

By and April 16, 2018, 12:01 PM EDT A significant majority of people living in richer Asian countries would be willing to consider turning away from brick-and-mortar bank branches and shifting toward a digital-only proposition, according to a report by McKinsey & Co. A total of 23 percent in developed Asia countries said “yes” and […]

Asia Tech Earnings Will Rebound. It Might Not Last

Asia Tech Earnings Will Rebound. It Might Not Last

Asian technology earnings are in a bit of a funk right now, and that’s reflected in the very lackadaisical performance of the MSCI Asia Pacific Information Technology Index. Investors who shorted Tencent Holdings Ltd. a month ago would have done well, as I predicted even when the company’s most-recent set of earnings beat estimates. Largan Precision Co., […]

Is Asia Spotify's weak spot?

Is Asia Spotify's weak spot?

Agatha was shocked, sad and more than a little embarrassed when she received an email from Spotify recently saying her account had been suspended. The student, 22, from Yogyakarta on Java island, Indonesia, had been caught using a pirated version of the music streaming service that granted her access to features that would usually require […]

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