Shares declined Wednesday in Asia after disappointingly high U.S. inflation data sent stocks sliding on Wall Street and raised prospects that interest rates will remain elevated for longer.
A film about frontline Taiwanese islands repeatedly fought over with China during the height of the Cold War is vying to win an Oscar this year, with its director hoping the attention will help better explain tensions over Taiwan to a broader audience.
JAKARTA Joko Widodo’s phenomenal rise from a riverside slum, where he grew up, to the presidency of Indonesia spotlighted how far the world’s third-largest democracy had veered from a brutal authoritarian era a decade ago.
SINGAPORE Japanese shares hit 34-year highs on Friday as world stocks eyed a third week of gains, while adjustments to interest rate expectations sent the yen to a two-month low and the Australian and New Zealand dollars in opposite directions.
Malaysia’s top court Friday struck down over a dozen Shariah-based state laws, saying they encroached on federal authority, a decision denounced by Islamists who fear it could undermine religious courts across the country.