Reuters Asia Top

By Chen Lin SINGAPORE (Reuters) -Police in Singapore investigating a major money laundering operation have seized S$125 million ($91.79 million) from the bank accounts of one of ten foreign suspects accused in the case. About S$92 million and S$33 million were seized from bank accounts held by Turkish national Vang Shuiming at Credit Suisse Singapore …

Singapore seizes money launderer’s assets in Swiss banks in S$1.8 billion case Read More »

By Hyunsu Yim SEOUL (Reuters) – The Frieze Art Fair returned to South Korea for a second year on Wednesday, with dealers hoping the event would provide a boost for the burgeoning local art market, after economic woes triggered a slump in sales this year. Art buyers flocked to Seoul’s COEX convention centre to see …

Frieze Art Fair returns to South Korea, offering boost to Asia’s art market Read More »

BANGKOK (Reuters) – Thailand’s new government plans to give each citizen a 10,000 baht ($282) handout, delay debt payments and lower energy prices in a bid to ease the cost of living and boost the economy, according to a draft of a policy speech Prime Minister Srettha Thavisin is due to give in parliament next …

Thai govt plans handouts, fuel prices cuts to revive economy-draft policy speech Read More »

By Jack Kim SEOUL (Reuters) -South Korean President Yoon Suk Yeol said on Wednesday any attempt to cooperate with North Korea on military affairs in a way that damages international peace must immediately halt. Yoon made the comment at a summit meeting with Southeast Asia’s ASEAN bloc countries in Jakarta, Indonesia, his office said. The …

South Korea’s Yoon says any militarily cooperation with North Korea must stop Read More »

BEIJING (Reuters) – China sent a senior official to Vietnam to enhance “political trust” between the two countries, ahead of a scheduled visit by U.S. President Joe Biden designed to boost diplomatic ties between Washington and Hanoi. The Chinese Communist Party’s international department head Liu Jianchao met with Vietnam’s ruling Communist Party leader Nguyen Phu …

China boosts ‘political trust’ with Vietnam ahead of Biden visit Read More »

By Liz Lee BEIJING (Reuters) -Intense rain from the remnants of Typhoon Haikui hit southeast China on Wednesday, bringing floods that forced some cities to suspend subway services, shut schools and move tens of thousands of people to safety. Xiamen, a port city in Fujian province, has been pounded by rain for three days, breaking …

Floods from waning typhoon hit transport, force evacuations in China Read More »

JAKARTA (Reuters) – United States Vice President Kamala Harris said on Wednesday in a meeting with Southeast Asian leaders that her country would continue to press strife-torn Myanmar to foster a path to democracy. She also announced the establishment of a new U.S.-ASEAN centre in Washington. (Reporting by Kate Lamb; Editing by Muralikumar Anantharaman)

JAKARTA (Reuters) -Chinese Premier Li Qiang said on Wednesday it is important to avoid a “new Cold War” when dealing with conflicts between countries as world leaders gathered in Indonesia amid sharpening geopolitical rivalries across the Indo-Pacific region. Speaking at an annual summit involving members of the Association of Southeast Asian Nations (ASEAN) and China, …

China warns against ‘new Cold War’ at ASEAN summit Read More »

MOSCOW (Reuters) – Russia must boost production facilities for the construction of ice-breaking vessels in order to meet its targets for increasing trade via the Northern Sea route, Moscow’s official in charge of Arctic development has said. The government has been in talks with India and China on such projects, Alexei Chekunkov, the head of …

Russia lacks ice-class vessels to develop Arctic sea route, talks to China, India – RBC Read More »