Reuters Asia Top

By Uditha Jayasinghe and Devjyot Ghoshal COLOMBO (Reuters) -Sri Lanka’s central bank doubled its key interest rates on Friday, raising each by an unprecedented 700 basis points to tame inflation that has soared due to crippling shortages of basic goods driven by a devastating economic crisis. The heavily indebted country has little money left to …

Sri Lanka doubles interest rates to tame inflation; stabilise economy Read More »

By Janis Laizans and Elizabeth Piper KYIV (Reuters) – Ukraine and its allies blamed Russia for a missile attack that killed at least 52 people at a train station packed with women, children and the elderly fleeing the threat of a Russian offensive in the east. As regional authorities scrambled to continue evacuating the vulnerable, …

Ukraine and allies blame Russia for strike on station that killed over 50 Read More »

SHANGHAI (Reuters) -Shanghai on Friday announced a record 21,000 new cases and a third consecutive day of COVID testing as a lockdown of its 26 million people showed no sign of easing and other Chinese cities tightened curbs – even in places with no recent infections. Beijing authorities intervened in Shanghai after its failure to …

Shanghai widens COVID testing as other Chinese cities impose curbs Read More »

By Asif Shahzad and Gibran Naiyyar Peshimam ISLAMABAD (Reuters) -Pakistan Prime Minister Imran Khan said on Friday he would not recognise an opposition government if it succeeded in an attempt to oust him, the latest twist in a political crisis engulfing the nuclear-armed nation. The country’s parliament will convene on Saturday to vote on Khan …

Pakistan PM Khan says he will not recognise opposition attempt to oust him Read More »

TOKYO (Reuters) – Robots in Japan are found on factory floors carrying out simple tasks or delivering food to restaurant patrons but researchers have now unveiled a robot capable of executing the delicate task of peeling a banana without squashing the fruit inside. While the dual-armed machine is only successful 57% of the time, banana …

Japanese robot can peel bananas cleanly, most of the time Read More »

By Dogyun Kim, Daewoung Kim and Hyonhee Shin SEOUL (Reuters) – Plunging prices for Russian crab have South Koreans flocking to seafood markets and restaurants but some consumers are questioning whether to boycott the imports on concerns the purchases indirectly support Russia’s invasion of Ukraine. The dinner-plate sized king crabs from Russia, along with slightly …

Russian crab craze in S.Korea stirs ethical debate over Ukraine crisis Read More »