China chip exports jump 136% to US$45b as AI frenzy jacks up prices

Rescuers dragged 13 dead children out of India’s Ganges River after an overloaded boat capsized en route to a Hindu festival, officials said on Wednesday, with Prime Minister Narendra Modi expressing grief over the “deeply painful” tragedy. The boat overturned late on Tuesday in Vaishali district in eastern Bihar state, with locals rushing to pull people out of the water in the dark using mobile phones to find the bodies. “It was dark when we suddenly heard children screaming and crying for help...

Japan’s prime minister said on Wednesday she probably spent “three or four more hours” than her male predecessors tackling household duties on top of her already packed daily schedule. “In the morning, I bathe, fix breakfast and then wash dishes, not to mention apply make-up,” Sanae Takaichi, elected last year as Japan’s first woman prime minister, told parliament. “I feel like I’m spending three or four more hours than male prime ministers doing these things.” A self-described workaholic,...

A long-awaited code of conduct (COC) for the South China Sea risks becoming a toothless agreement, analysts have warned, as Beijing and Southeast Asian nations scramble to hammer out a deal by the end of 2026. More than three decades since it was mooted, the proposed pact has remained gridlocked over how to balance competing territorial claims among China and four rival claimant states – Malaysia, Vietnam, Brunei and the Philippines. Maritime experts speaking at a conference in Kuala Lumpur this...

Asian countries must remind themselves about what happened during the region’s financial crisis in the late 1990s and guard against a recurrence of such shocks, the head of the Philippine central bank said ‌on Wednesday. Before the Asian financial crisis started in 1997, regional economies saw huge capital inflows that prompted the World Bank to describe it as the “East Asian miracle”, Eli Remolona, governor of the central bank, said in an International Monetary Fund panel on the outlook for the...

The film, “The Assassin(s),” revisits a 1974 shooting that has spawned J.F.K.-style conspiracy theories, exposing divides over the country’s history.

Stilt houses in villages north of Bangkok are no longer high enough to stay dry as Thai authorities deliberately flood riverside communities to spare the capital. Inside the home of Kamonchanok Sathaphonamonwut, raised more than three metres (10 feet) above the ground in Ayutthaya province, her family of three sleeps on makeshift platforms and cannot use the waterlogged toilet. Her village has been flooded six years in a row, pushing some to move away, while others have raised their houses...

China’s exports grew last month at the fastest pace in almost any month since the end of the global financial crisis.

Malaysians aged 30 and below bought some 5.4 billion ringgit (US$1.32 billion) worth of goods and services on short-term credit in the first half of this year, the country’s Finance Ministry has revealed. The ministry said it had recorded 65.9 million “buy now, pay later” (BNPL) purchases among younger consumers in the first six months of 2026 – equivalent to more than one in three, or 37.9 per cent, of total purchases nationwide. As of June 30, the outstanding BNPL financing balance among this...

Motorists have been left queuing for hours at petrol stations across Indonesia’s resort island of Bali in recent days amid reports of a crippling fuel shortage. Long queues have been spotted all around the island, including in the capital Denpasar, Badung and Tabana, according to the Bali Post. On Tuesday, Bali Governor I Wayan Koster stressed that there was enough fuel to go around, suggesting that panic buying might have caused the shortages at the pumps. “People need to be patient because the...

Rising demand for copper has fueled interest in Bougainville’s Panguna mine, which has been shut for four decades. Yet some fear a rush to reopen risks a return to violence.

A growing number of Japanese regard the United States as the greatest threat to world peace ahead of traditional rival China, according to a new survey. The annual poll, released by the Japan Press Research Institute on Saturday, found 26.8 per cent of respondents named the US as the biggest threat to global peace. That was up 9.3 percentage points on last year and far above the 6.6 per cent recorded in 2024. Russia came top of the list in 2025 but slipped to third place this year, with 18.3 per...

Russia’s FSB security agency said on Tuesday it had detained a Japanese journalist for alleged espionage, and Moscow’s Foreign Ministry said it regretted that Tokyo was using correspondents to carry out spying. In a statement on its website, the FSB said the Hokkaido Shimbun journalist was detained in the far eastern Sakhalin region on the day before he planned to leave Russia. It did not specify when this was. Russia and Japan, ‌which never signed a formal World War II peace treaty, have seen...