Asia's factories took a heavy hit in February from the coronavirus outbreak with activity in China shrinking at a record pace, business surveys showed on Monday, adding to fears the crisis risks triggering a global recession.
The effects of the coronavirus outbreak are likely to reverberate beyond China as most major economies in the region are expected to either slow down significantly, halt or shrink outright in the current quarter, Reuters polls found.
More than three decades after starting as a broker on the Bombay Stock Exchange, Asia’s oldest bourse, Yogesh Choksey shut up shop last year, missing out on a record-breaking equity rally that would usually boost profits for brokerages.
Asian airlines are cautious about the outlook for 2020 after trade disputes undermined confidence and led to economic growth below initial forecasts this year, the head of the Association of Asia Pacific Airlines (AAPA) said on Monday.
US Commerce Secretary Wilbur Ross said the Trump administration remained ‘fully committed’ to the Indo-Pacific, amid questions over US strategy in the region fueled by the president’s absence from a regional summit.
The Ferghana Valley on the west of the Pamirs, one of the most densely populated regions of Central Asia, known for the precious Ferghana horse breed and a key hub on the ancient Silk Road, has been attracting scientists and researchers from around the world for decades.
Iranian Foreign Minister Mohammad Javad Zarif told representatives of some Asian countries that others never protect our countries and will not provide us with security, advising Asian countries to respect each other if they want others to do so.