Thailand is pushing to secure a free trade deal with the European Union as uncertainty over US tariffs drives the search for new economic partnerships.
Asia-Pacific
Developments across China, Japan, Korea, India, and the Pacific
South Korea's central bank and financial watchdog have launched their first joint foreign exchange bank examinations in 14 years.
The 30-year Japanese government bond yield rose 2.5 basis points to 3.890%.
Thailand is racing to secure a free-trade agreement with the European Union as uncertainty over US tariffs pushes countries to forge new economic partnerships, according to a top trade official.
The 20-year Japanese government bond yield rose 3.0 basis points to 3.590%.
South Korea's central bank and financial watchdog will begin joint examinations of major foreign-exchange banks on Wednesday, the first such inspections in 14 years.
Japan faces a looming typhoon crisis that threatens disaster defenses and tourism, according to SCMP.
China has begun construction of an 11.3-billion-USD mega waterway project at the Three Gorges Dam, which will feature the world's largest inland ship lock and nearly double the annual throughput capacity at the Three Gorges hub, while also including dedicated fish passages and construction methods to minimize ecological impact.
Australia's S&P/ASX 200 edged up 0.04% to 8,607.60 in early trade.
Bank of Japan data shows Japan's year-on-year wholesale inflation in May recorded its biggest increase since March 2023.
South Korea's KOSPI benchmark dropped over 2% in the Seoul stock market session.
Japan and the Philippines have been criticized for holding delimitation talks concerning waters east of China's Taiwan Island.
South Korea's finance authorities plan to investigate speculative trading and disruptive behavior in the foreign exchange market.
South Korea has named its first female prime minister in decades to lead the country's artificial intelligence push.
China has begun construction of the world's largest LNG carrier, with a capacity of 271,000 cubic meters, according to state media CGTN.
Indian Narendra Modi will visit France and Slovakia from June 13 to 18, according to Reuters.
China has warned of security risks, including leaks and backdoors, in relay services that provide access to foreign AI models.
Moonshot AI is targeting a valuation of US$30 billion as competition in China's AI sector intensifies.
With a global AI data shortage looming, China boosts its own supply.
Chinese President Xi Jinping said Tuesday he reached important consensus with North Korean leader Kim Jong Un on developing bilateral relations in the new era, after Kim hosted a small luncheon for Xi and his wife Peng Liyuan in Pyongyang.
India's opposition urges government to absorb oil price shock, warns on growth.
Inside Myanmar, rebels are losing ground as military forces advance.
A bear that caused days of disruption in Japan's Utsunomiya city has been captured after authorities closed schools and used drones to track it. The incident comes as Japan faces a rise in bear encounters, with attacks reaching record levels last year.
Offshore trading gave Chinese investors access to global markets through lucrative gray zones. Now Beijing’s biggest crackdown in decades is reshaping the flow of capital.
An earthquake with a magnitude of 5.1 jolted Talaud Islands, Indonesia at 1740 GMT Tuesday, the GFZ German Research Centre for Geosciences said. The epicenter, with a depth of 73.4 km, was initially determined to be at 4.96 degrees north latitude and 125.64 degrees east longitude.
A 5.4-magnitude earthquake struck Mindanao, Philippines on Tuesday at 1649 GMT, according to the GFZ German Research Centre for Geosciences. The epicenter was at 5.48 degrees north latitude and 125.45 degrees east longitude, with a depth of 73.1 km.
A tornado ripped the roof off a warehouse in Nanning, Guangxi, as powerful winds swept through the city on June 7.
Rescue crews are searching for survivors after a powerful 7.8-magnitude earthquake struck the southern Philippines, killing at least 37 people and injuring hundreds, according to CBS's Ramy Inocencio. The quake destroyed buildings across Mindanao, including schools, homes and businesses.
National Guard Airmen are strengthening readiness with the Royal Thai Air Force during Enduring Partners 2026, including training in air combat, cyber defense, space operations and disaster response.
Workers were able to escape moments before a fast-food restaurant in the Philippines collapsed following Monday's powerful earthquake.