Asia News

  • FIBA to review 'discriminatory' ban on headgear

    GENEVA (AP) — Facing claims that Muslim and Sikh players are being discriminated against, basketball's governing body will review its ban which prevents players wearing headgear for religious reasons.

    Associated Press32 mins ago
  • Georgia says seized heroin belongs to Taliban

    By Margarita Antidze TBILISI (Reuters) - Georgia's interior minister said on Friday that $400 million of heroin seized earlier this month, in the country's biggest ever drugs haul, belonged to the Taliban and was headed for Europe. Ex-Soviet Georgia is on a drug trafficking route between Asia and…

    Reuters
  • World stocks fall on US earnings, Russia sanctions

    LONDON (AP) — Global stock markets turned lower on Friday after weak earnings from Visa and Amazon and as European countries planned a range of sanctions against some Russian businesses.

    Associated Press
  • Indonesia's Prabowo challenges election result at Constitutional Court

    Indonesia's losing candidate in this month's presidential election challenged the official result in the Constitutional Court on Friday. Ex-general Prabowo Subianto filed the challenge after the Elections Commission this week announced Joko "Jokowi" Widodo as the next president of Southeast Asia's…

    Reuters
  • Azerbaijan set to host F1 race in Baku in 2016

    Azerbaijan is set to host a Formula One race in 2016.

    Associated Press
  • Iraqi Kurdish oil nears US port despite concern in Washington

    By David Sheppard, Ahmed Rasheed and Timothy Gardner LONDON/BAGHDAD/WASHINGTON (Reuters) - A tanker carrying crude oil from Iraqi Kurdistan is just two days away from arriving at a U.S. port, according to ship tracking satellites, despite Washington's long-standing concern over independent oil…

    Reuters
  • Losing Indonesia presidential candidate files suit

    JAKARTA, Indonesia (AP) — Indonesia's losing presidential candidate filed complaints to the Constitutional Court on Friday, alleging that widespread irregularities at the polls damaged his chances of victory in the country that is Southeast Asia's largest economy.

    Associated Press
  • US weighs refugee status for youth from Honduras

    WASHINGTON (AP) — The Obama administration is weighing giving refugee status to young people from Honduras as part of a plan to slow the influx of unaccompanied minors arriving at the U.S.-Mexico border, White House officials saidd.

    Associated Press
  • Official at center of Chinese oil purge was a politic businessman

    By Charlie Zhu and David Lague HONG KONG (Reuters) - Throughout his career at China's biggest oil producer, Jiang Jiemin was careful to put politics before business, say colleagues who worked closely with the purged executive. In strongly supporting government energy strategy, often at the…

    Reuters
  • US weighs refugee status for Central American kids

    WASHINGTON (AP) — The Obama administration is considering creating a pilot program giving refugee status to young people from Honduras as part of a plan to slow the influx of unaccompanied minors arriving at the U.S.-Mexico border, White House officials said Thursday.

    Associated Press
  • HK firms on edge as democracy rally blockade looms

    HONG KONG (AP) — As activists vow to shut down Hong Kong's financial district in protest at China's attempt to hobble democratic elections in the city, businessman Bernard Chan is preparing for the worst.

    Associated Press
  • EU sanctions on Russian banks would hit economy, business

    By Megan Davies MOSCOW (Reuters) - Russia's state-controlled banks would have to turn to the state, domestic borrowers or new regions such as Asia if EU sanctions shut off investment, hurting their ability to lend to local businesses and further damaging the country's fragile economy. Under…

    Reuters
  • EU targets state-owned Russia banks in sanctions plan

    By Justyna Pawlak and Adrian Croft BRUSSELS (Reuters) - The European Union would target state-owned Russian banks vital to financing Moscow's faltering economy in the most serious sanctions so far over the Ukraine crisis under proposals considered by EU governments on Thursday. Ambassadors of the…

    Reuters
  • Myanmar Muslims in remote Rakhine suffer worsening health crisis

    By Paul Mooney and Thin Lei Win INN DIN Myanmar (Reuters) - Visitors to the medical facility in one of Myanmar's poorest and most remote regions are greeted by a padlocked gate and a sign reading: "Clinic closed until further notice." A vehicle that used to ferry around doctors and patients…

    Reuters
  • Russia concerned by U.S. proposal for missile shield in South Korea

    Russia voiced concern on Thursday over a U.S. proposal to station elements of a missile defense shield in South Korea, saying the move could provoke an arms race in the region. The commander of U.S. troops stationed in South Korea last month said he had proposed deploying a THAAD advanced…

    Reuters
  • LG Electronics says 2Q profit more than doubled

    SEOUL, South Korea (AP) — LG Electronics Inc. reported a forecast-beating quarterly profit Thursday and gave an upbeat outlook for smartphone profitability as its mobile division ended a streak of losses.

    Associated Press
  • India angered by basketball's no turban rule

    NEW DELHI (AP) — India's sports minister has criticized the 'no-headgear' rule of basketball's world body FIBA after two Sikh players on the national team were told to remove their turbans during the recent Asia Cup in China.

    Associated Press
  • Indonesia's Prabowo faces uncertain fate in opposition

    By Kanupriya Kapoor and Jonathan Thatcher JAKARTA (Reuters) - After spending a decade, and a chunk of the family fortune, in trying to become Indonesia's president, an outraged Prabowo Subianto watched as leadership of the world's third-largest democracy slipped through his fingers this week. …

    Reuters
  • South Korea unveils stimulus after ferry sinking

    SEOUL, South Korea (AP) — South Korea's government announced a $40 billion stimulus plan Thursday after the shock of a deadly ferry sinking slowed economic growth to the lowest level in three quarters.

    Associated Press
  • World shares subdued amid Russia sanctions report

    TOKYO (AP) — World shares were rattled Thursday by reports the European Union is weighing stiffer financial sanctions against Russia.

    Associated Press