Oil prices fall nearly 5% after US announces new Iran talks
TOKYO, Japan — Oil prices tumbled on Monday in early Asia trade after US President Donald Trump announced fresh talks with Iran to end the Middle East war and reopen the Strait of Hormuz.
A focused view of neutral reporting on Asia Pacific, brought together across publishers.
Explore all topics →
TOKYO, Japan — Oil prices tumbled on Monday in early Asia trade after US President Donald Trump announced fresh talks with Iran to end the Middle East war and reopen the Strait of Hormuz.
SEOUL, Aug. 3 (Yonhap) -- KG Mobility (KGM) said Monday it has secured a US$75 million investment from China's Chery Automobile Co. as the South Korean automaker seeks to strengthen its future mobility business.
MANILA, Philippines — On the 11th day of Vice President Sara Duterte’s impeachment trial, the prosecution will present Roderick Wamil, former state auditor of the Commission on Audit’s Intelligence and Confidential Funds Audit Office (COA-ICFAO), whose testimony centers on the government’s audit procedures for confi…
See more of our coverage in your search results.
Japan's finance ministry said Monday it had conducted a coordinated yen-buying operation with the U.S. Treasury on Friday, marking a rare joint move by the two allies to stem sharp swings in the Japanese currency.
South Korean automaker KG Mobility said Monday it had secured a $75 million strategic investment from China’s Chery Automobile, as the two companies strengthen their cooperation in vehicle development and future technologies while expanding in global markets.
SEOUL, Aug. 3 (Yonhap) -- A heat wave has gripped North Korea, pushing temperatures as high as 40 C in some regions, with Pyongyang hit by tropical nights for days, state media reported Monday.
Lawmakers concerned about public safety and potential project abandonment as SCMP investigation reveals China Status and Victory Fire’s active status
Lawmakers concerned about public safety and potential project abandonment as SCMP investigation reveals China Status and Victory Fire’s active status
Inter Milan eye potential for China growth, while event’s social media reach carries city’s name far and wide
Inter Milan eye potential for China growth, while event’s social media reach carries city’s name far and wide
Manila likes the look of Kyiv’s low-cost drones, but adapting battlefield tech to grey-zone sea stand-offs won’t be easy
Manila likes the look of Kyiv’s low-cost drones, but adapting battlefield tech to grey-zone sea stand-offs won’t be easy
Authorities issue alert saying indoor spaces without airconditioning are ‘dangerous’ as temperatures pass 40C for fifth straight day
The yen was trading near a 40-year low against the dollar before the intervention. (Photo by Akira Kodaka)
Three days before his rescheduled exam, 17-year-old Kahaan Patel took his life
Oil prices fell Monday in Asia trading as investors pared geopolitical risk premiums after U.S. President Donald Trump said he had called off a planned strike on Iran.
Japan and the U.S. conducted coordinated yen-buying intervention and will not hesitate to take further action, the Finance Ministry in Tokyo said Monday, confirming a rare bilateral action to halt the yen’s slide to fresh 40-year lows.
Already have Rappler+? Sign in to listen to groundbreaking journalism.
SEOUL, Aug. 3 (Yonhap) -- The latest Spider-Man film, "Spider-Man: Brand New Day," claimed the top spot on the weekend box-office chart in South Korea, drawing more than 3 million moviegoers in just four days upon its release, data showed Monday.
Beijing’s emphasis on hi-tech self-sufficiency and balanced trade also provides a clear road map for the Hong Kong government
Beijing’s emphasis on hi-tech self-sufficiency and balanced trade also provides a clear road map for the Hong Kong government
Three premium Chinese electric car makers saw sales decline in July, intensifying concerns that the industry is heading for another discount war
Three premium Chinese electric car makers saw sales decline in July, intensifying concerns that the industry is heading for another discount war
Eco-friendly vehicles accounted for half of new car registrations in South Korea in the first half of this year, driven by a sharp increase in electric vehicle sales, an auto market tracker said.
Already have Rappler+? Sign in to listen to groundbreaking journalism.
The yen was trading near a 40-year low against the dollar before the intervention. (Photo by Akira Kodaka)
Prominent commentator shares insights on the PLA’s 2027 goal, competition with the US, the Taiwan issue and the peacetime dilemma
Prominent commentator shares insights on the PLA’s 2027 goal, competition with the US, the Taiwan issue and the peacetime dilemma
For Ito, an 82-year-old homeless man who lives around Shinjuku Station, Tokyo’s searing summer days require careful planning.
A country where a woman on drugs crawls the streets: A woman's meth-related arrest near Suwon Station underscores the rising rate of drug-related crimes in Korea and concerns over weakened enforcement
When allies are mistaken for enemies: Command failure during joint drills exposes dangerous failures in military readiness
Command friction: Border drone mix-up reveals Korea-US protocol gaps before operational transfer
MANILA, Philippines — A support group for political prisoners on Sunday accused the Philippine justice system of applying a “double standard” after former Senator Ramon “Bong” Revilla Jr. was granted bail while elderly and seriously ill political prisoners, including 77-year-old Vicente “Vic” Ladlad, remain behind b…
BEIJING — China said it conducted military and coast guard drills on Saturday near Panatag (Scarborough) Shoal, a contested reef in the South China Sea, in a show of force after recent clashes with the Philippines in the disputed waters.
Products & ServicesOpen Products & Services section
Indonesia has become one of the weakest IPO market among Southeast Asia's major economies despite a regional rebound. (Nikkei montage/Source photos by Reuters and Yuki Kohara)
Japanese Finance Minister Satsuki Katayama is set to announce as early as Monday that Tokyo and Washington are coordinating on steps in the foreign exchange market to curb the yen’s weakness, a person familiar with the situation told Bloomberg.
South Korea’s government has recently raised its economic growth forecast for this year sharply to 3 percent from 2 percent, citing booming semiconductor exports and the effects of an earlier supplementary budget. If realized, the economy would record its strongest annual expansion since the post-COVID-19 pandemic r…
Canada’s decision to select Germany’s TKMS as the preferred supplier for up to 12 new submarines deserves respect. Canada has the right to choose the platform and partnership that best serve its national interests.
SpaceX's market capitalization ballooned to $3 trillion after its initial public offering, but its shares have since slumped. © Reuters
Watch Japan's Shiho Kuwaki beat beat Esther Henseleit in a two-hole play-off to win the 2026 Women's Open, her first major title.
Yamato Transport promises high pay and lots of benefits regardless of experience, gender, or education in the critically understaffed transport sector. (Photo by Mike Birt)
COTABATO CITY, BARMM, Philippines — The deepening rift between leadership factions of the erstwhile rebel group Moro Islamic Liberation Front (MILF) is fueling communal violence that threatens the peaceful conduct of the first-ever parliamentary elections in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM).
MANILA, Philippines — Sen. Erwin Tulfo on Sunday urged electric companies to cooperate in removing system loss charges from the electric bills, saying that it is unfair to make consumers pay for electricity they never used.
It is now a common occurrence: the Wallabies running out for a Test match and finding one or two Australian-raised players in the opposing team.
Shiho Kuwaki, of Japan, drives off the 3rd tee during the fourth round of the Women’s British Open golf championship in Lytham St Annes, England, Sunday, Aug. 2, 2026. (AP Photo/Jon Super)
MANILA, Philippines — A small fires broke out a contractor’s storage facility inside the House of Representatives compound on Sunday morning but was swiftly contained.
At least 14 people were killed in a suicide bombing outside a police station in northwestern Pakistan on Sunday evening, officials said, the worst attack in a surge of militant violence that has reignited fears in a region once dominated by the Pakistani Taliban.