Red Sea crisis produces winners & losers in Asia as freight rates spike
Business Standard » Asia
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1w ago
Chinese shippers including Cosco Shipping Holdings Co. saw earnings lifted by higher revenue from its container shipping business ..read more
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Pope concludes Asia trip, reiterates interfaith tolerance to heal world
Business Standard » Asia
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3w ago
Pope Francis wrapped up his visit to Singapore on Friday by praising its tradition of interfaith harmony, closing out his four-nation trip through Asia with the same message of tolerance that he delivered at the start. Francis presided over a gathering of young people from some of the religious traditions that are present in Singapore, where mosques, Buddhist temples and Christian churches stand side-by-side among the city-state's iconic skyscrapers. In a sign he was enjoying himself, Francis ditched his speech and urged the youths to take risks, even if it means making mistakes. But he came b ..read more
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Bengaluru's millionaire population soars by 120% over last decade: Report
Business Standard » Asia
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3w ago
Home to approximately 13,200 millionaires, Bengaluru has a collective investable wealth of Rs 800 crore, according to Henley & Partners' Centi-Millionaire Report 2024 ..read more
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'Spiked ozone levels stunting tropical forests' growth, Asia affected more'
Business Standard » Asia
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3w ago
Ozone pollution is stunting the growth of tropical forests, with the effect being stronger in Asia, where such forests are losing nearly 11 per cent of new growth, research has found. Air quality will continue to play an important, yet often overlooked, part in how forests absorb and store carbon, according to lead author Flossie Brown, a recent graduate of the University of Exeter. While ozone in the upper layers of the Earth's atmosphere protects people from harmful ultraviolet radiations from the Sun, ozone closer to the ground level is harmful to plant and human health. The gas is formed w ..read more
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Biden to put personal touch on Asia-Pacific ties in final months in office
Business Standard » Asia
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3w ago
President Joe Biden is looking to showcase the Indo-Pacific partnership he has nurtured since taking office as he hosts the leaders of Australia, Japan and India in his hometown Saturday with an eye on his legacy as well. When Biden entered the White House he looked to elevate the so-called Quad, which until then had only met at the foreign minister level, to a leader-level partnership as he tried to pivot U.S. foreign policy away from conflicts in the Middle East and toward threats and opportunities in the Indo-Pacific. This weekend's summit is the fourth in-person and sixth overall gathering ..read more
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Europe, Asia dominate list of top 10 nations in 2024 by GDP per capita
Business Standard » Asia
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1M ago
Advanced economies are projected to experience a slight uptick in growth, moving from 1.6 per cent in 2023 to 1.7 per cent in 2024 and 1.8 per cent in 2025 ..read more
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Randhir Singh set to be elected as first Indian president of OCA
Business Standard » Asia
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1M ago
Veteran sports administrator Randhir Singh is set to be elected as the first Indian president of the Olympic Council of Asia (OCA) in the 44th General Assembly of the Asian body here on Sunday. Randhir, a former Indian shooter, will be officially named OCA president in the presence of Sports Minister Mansukh Mandaviya and top sports leaders from all 45 countries of Asia. Randhir, 77, hails from Patiala in Punjab and belongs to a family of sportspersons. His uncle, Maharaja Yadavindra Singh, played Test cricket for India and was an IOC member. His father Bhalindra Singh, also a first-class cric ..read more
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Over 300 companies from 20 countries to participate in Didac India 2024
Business Standard » Asia
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1M ago
Over 300 firms from 20 countries will showcase over 5,000 products and technologies at the 14th edition of Asia's largest education and skills sector exhibition and conference DIDAC India 2024 here. The 14th edition of Didac India is being organised by global exhibitor Messe Stuttgart India, in partnership with India Didactics Association (IDA), India's only National association for the education and skills fraternity from September 18 to 20 at Yashobhoomi (India International Convention & Expo Centre) in Delhi, a statement said. According to the statement, the education industry worldwide ..read more
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India to bid for 5th Youth Olympics in 2030: Sports Minister Mandaviya
Business Standard » Asia
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1M ago
Sports Minister Mansukh Mandaviya on Sunday said India is set to bid for the 2030 Youth Olympics, a precursor to the country's ambition to host the 2036 Olympics. The 2030 Youth Olympics will be the fifth edition of the international event. "Under the leadership of Prime Minister Narendra Modi we are going to bid for the 2030 Youth Olympics but our focus remain on hosting the 2036 Olympics," Mandaviya said on the sidelines of the Olympic Council of Asia's (OCA) 44th General Assembly here. "Under Modiji's leadership we have been able to host multiple international sporting events, including cri ..read more
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Asia's 50 Best Bars 2024: ZLB23 named India's best bar, ranks 40th in list
Business Standard » Asia
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2M ago
Asia's 50 Best Bars 2024 list has been released, and Begnaluru's ZLB23 is ranked 40th in the list. Hong Kong's Bar Leone tops the chart ..read more
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