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Financial Crisis Risks Mount as Private-Credit Loans Peak, DZ Bank Warns US
BusinessbloombergwsjFT+2le-mondeberlingske1d ago5 sources

Financial Crisis Risks Mount as Private-Credit Loans Peak, DZ Bank Warns US

Professor Jesper Rangvid warns that rising interest rates could trigger a new financial crisis due to billions in questionable shadow loans, with non-cash-generating private-credit loans now rising to a 14-year peak, as confirmed by Fitch, and DZ Bank also warning of a 'chain reaction' risk to the US economy, with the Middle East war also seen as a potential trigger for an outbreak of the brewing private credit crisis.

Businessnikkei-asia17d ago

Holiday Spending Trends Diverge in Asia

A new report indicates that holiday spending trends across various Asian countries are showing significant divergence, reflecting varied economic conditions and consumer confidence levels in the region.

European Students Show Declining PISA Test Results
Politicsdigi2418d ago

European Students Show Declining PISA Test Results

European Commissioner Roxana Mînzatu notes a trend of increasingly weaker PISA test results among 15-year-old students in nearly all EU member states, especially when compared to peers in the US and Asian countries.

What legal recourse do Pakistanis arrested in Bahrain over Iran war videos have?
WorldDawn19d ago

What legal recourse do Pakistanis arrested in Bahrain over Iran war videos have?

On March 10, as the US-Israel war with Iran entered its second week, the Bahrain government announced the arrest of six persons hailing from Asian countries — five of them Pakistanis — on charges of filming, publishing and reposting “videos related to the effects of the treacherous Iranian aggression”. The Iran conflict — which broke out on February 28 after the United States and Israel launched joint strikes on the Islamic Republic and assassinated then-supreme leader Ayatollah Ali Khamenei,...

Asian Investors Pour $68 Billion Into Central Asia as Energy Overtakes Extractives
Businessastana-times1mo ago

Asian Investors Pour $68 Billion Into Central Asia as Energy Overtakes Extractives

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA — Foreign direct investment (FDI) stock from Asian countries into Central Asian economies grew 2.3 times between 2016 and the first half of 2025, rising from $29.9 billion to $68 billion, according to data from the Eurasian Development Bank. According to the bank’s Monitoring of Mutual Investments report released in January, the expansion reflects… The post Asian Investors Pour $68 Billion Into Central...

WorldVnExpress1mo ago

Lunar New Year Travel Surges in Vietnam, Celebrations Across Southeast Asia

Ho Chi Minh City's Tan Son Nhat International Airport experienced a record surge in passengers ahead of Lunar New Year (Tet), as thousands of overseas Vietnamese return home for emotional reunions. While Tet is Vietnam's biggest festival, many other Southeast Asian countries do not observe it as a public holiday.

Eurovision Asia Confirmed to Launch in Bangkok This November
CultureBBCThe Guardiandr-dk+13der-standardFrance 24delfi-ltdelo24urhotnewsvarietydanas+5 more1d ago16 sources

Eurovision Asia Confirmed to Launch in Bangkok This November

The long-anticipated Eurovision Asia spin-off contest is now confirmed to launch, with its grand final scheduled to take place in Bangkok this November, a decade after its initial announcement. Broadcasters from 10 Asian countries have already confirmed their participation, marking the expansion of the world's largest music competition into Asia.

Asia-Pacific Fuel Crisis Deepens with Panic Buying in Australia
EnvironmentThe GuardianrzeczpospolitaThe Independent+2Rapplerkuwait-times5d ago5 sources

Asia-Pacific Fuel Crisis Deepens with Panic Buying in Australia

East Asian countries, India, Sri Lanka, and Thailand are experiencing a severe fuel crisis due to their reliance on cheap Middle Eastern oil, with the war impacting various industries and causing distress for farmers; in Australia, panic buying has led to a 400% surge in fuel demand, prompting PM Albanese to reassure the public about supply.

BusinessJakarta Post6d ago

Asian Countries Seek Russian Oil

Several fuel-thirsty Asian countries are reportedly lining up to secure supplies of Russian oil, indicating a shift in global energy procurement strategies.

Iran’s says global repercussions of war ‘will hit all’
WorldBBCNYTAl Jazeera+23fazle-figaroorftelextvn24EL PAISindex-hrn1-serbia+15 more14d ago26 sources

Iran’s says global repercussions of war ‘will hit all’

The repercussions of the war in the Middle East would be felt globally, Iran's top diplomat said on Wednesday, suggesting more Western officials should push back against the conflict. The post Iran’s says global repercussions of war ‘will hit all’ appeared first on Vanguard News.

South Korean stock market plunges over potential Iran-related energy crisis
BusinessbloombergFrance 2428d ago2 sources

South Korean stock market plunges over potential Iran-related energy crisis

In a shock for South Korea, the country's KOSPI index dropped by over 12 percent Wednesday in its worst sell off ever. Share prices took a dive as investors panicked about a potential energy crisis if the Strait of Hormuz remains blocked. South Korea, alongside many Asian countries, is especially dependent on Middle Eastern oil, making its businesses vulnerable to the geopolitics of the region.

Eurovision Song Contest Expands to Asia, Inaugural Event Set for November 14 in Bangkok
WorldAPBBChelsingin-sanomat+8nosfazindex-hrn1-serbiadeadline20-minutenthe-journalbillboard1d ago11 sources

Eurovision Song Contest Expands to Asia, Inaugural Event Set for November 14 in Bangkok

The Eurovision Song Contest has officially announced its first-ever Asian edition, with the inaugural competition scheduled for November 14 in Bangkok, Thailand, featuring acts from ten confirmed Asian countries and aiming for 600 million viewers, with some reports indicating a full launch in 2026.

Russia Denies Supplying Drones to Iran Amid EU Accusations
WorldReutersBBCbloomberg+55NYTFTThe GuardianAl Jazeeradr-dkFox Newsnzzyle-uutiset+47 more6d ago58 sources

Russia Denies Supplying Drones to Iran Amid EU Accusations

EU officials accuse Russia of providing intelligence and drones to Iran for attacks on US targets, while Russia vehemently denies these allegations, specifically dismissing reports of delivering drones as 'media lies'.

Natural Gas Shortage Disrupts Services in South Asia
Businessdelfi-lt16d ago

Natural Gas Shortage Disrupts Services in South Asia

A natural gas shortage, exacerbated by the energy crisis, has led to disruptions in the operations of restaurants, crematoriums, and educational institutions across South Asian countries, according to reports from The Financial Times.

China signals high hopes for South China Sea ‘golden rules’ by end of year
WorldSCMP25d ago

China signals high hopes for South China Sea ‘golden rules’ by end of year

China has signalled strong optimism for finalising negotiations with neighbouring Asian countries to seal a new institutional framework on contested South China Sea waterways. At China’s annual foreign policy press conference on Sunday, Foreign Minister Wang Yi described the negotiations as having entered a “critical phase” for talks on the South China Sea Code of Conduct (CoC) – a proposed set of rules between China and the Association of Southeast Asian Nations (Asean) at the heart of easin...

Kazakh FM Calls for Stronger Interparliamentary Ties at UK Parliamentary Meeting in London
Politicsastana-times1mo ago

Kazakh FM Calls for Stronger Interparliamentary Ties at UK Parliamentary Meeting in London

The Astana Times provides news and information from Kazakhstan and around the world. ALMATY – Kazakh Foreign Minister Yermek Kosherbayev, together with his counterparts from Central Asian countries, met with members of the United Kingdom’s Parliament’s All-Party Parliamentary Group (APPG) for Cooperation with Central Asia on Feb. 25 to discuss strengthening interparliamentary engagement and expanding regional cooperation. Addressing British lawmakers, Kosherbayev underscored the importance Ka...