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Truong My Lan found guilty of embezzling from Saigon Commercial Bank in case that was part of wider crackdownA prominent property tycoon has been sentenced to death for her role in Vietnam’s biggest-ever fraud case.Truong My Lan, the chair of the developer Van Thinh Phat, was found guilty of embezzlement, bribery and violations of banking rules on Thursday, in a case that has shocked...

Fitch cut to negative comes as country moves away from reliance on growth from property sectorBusiness live – latest updatesFitch has downgraded the outlook on China’s debt as it warned of increased risks to the economy while the country moves away from its reliance on growth from the property sector.On Wednesday the US-based agency said it had revised China’s sovereign credit rating from stable...

More than 350 jobs to go after Warner Bros. Discovery closes all its Newshub news operations and TVNZ cuts programs and bulletinsNew Zealand’s news media has been dealt a major blow after two of its primary news outlets announced programme closures and hundreds of job losses between them on the same day, leaving the country with just one state-owned news television service and many...

Suspects, all under 14 at time, are accused of bullying classmate over long period before killing him in Hebei last monthChina will put three boys on trial for allegedly murdering another child, a provincial prosecutor has said, in a case that has shocked the country and sparked public debate over the treatment of juvenile offenders.The three suspects, all aged under 14 at the time...

Net migration to New Zealand hit a near record high in 2023 after a new temporary work visa was introduced after the pandemicNew Zealand will tighten its visa rules for some migrants as the coalition government moves to overhaul the immigration system it says has led to “unsustainable” levels of migration.Last year, annual net migration to New Zealand hit a near record high of...

Residents of tourist city near epicentre of 7.2-magnitude Taiwan earthquake face destruction and despairLying in his bed, Liao Xiu Bo wondered if he was about to die. As a powerful earthquake rocked the ground beneath him, he tried to escape his house. “Am I going to be crushed?” he asked himself, before gathering the courage to run down the stairs, which swayed beneath his...

Primates are symbol of Lopburi but residents have had enough as monkeys resort to violence to get foodMischievous long-tailed macaques are, for many, a symbol of the Thai city of Lopburi. Tourists flock to the city’s ancient temple to feed the macaques fresh fruit and photograph them as they maraud the streets. But, increasingly, residents say they have had enough.This week, after growing complaints...

No casualties after fire engulfs ferry carrying 108 people from Surat Thani to Koh TaoPanicked passengers jumped into the sea to escape a raging ferry fire in the Gulf of Thailand early on Thursday, and all 108 people onboard survived.The overnight ferry from Surat Thani province was about to arrive at Koh Tao, a popular tourist destination off the Thai coast, when one of...

Rescues carried out in worst-hit city of Hualien after strong 7.2 magnitude quake; Japan lifts tsunami advisoryFull report: four dead and dozens injured amid landslides and collapsed buildingsPeople are trapped in collapsed buildings in Taiwan’s city of Hualien according to local media and the local government has suspended schools and classes in the region.According to Taiwan’s Central Weather Administration, the epicentre of the quake...

Ukraine’s foreign minister calls veto ‘guilty plea’ amid claims Pyongyang is aiding Moscow’s war against KyivRussia has blocked the renewal of a UN panel monitoring sanctions against North Korea, weeks after the body said it was investigating reports of arms transfers between Moscow and Pyongyang.The move was met with a flurry of criticism, including by Ukraine’s foreign minister, Dmytro Kuleba, who took to social...

More than half of the borrowed words relate to cooking, while Kintsugi, the increasingly popular art of repairing broken pottery with gold lacquer is also includedKatsu, donburi and onigiri are among 23 Japanese words added to the Oxford English Dictionary in its latest update.More than half of the borrowed words relate to food or cooking. Santoku, a knife with a short, flat blade that...

Lawmakers overwhelmingly vote to make country the first in south-east Asia to recognise same-sex unionsLawmakers in Thailand’s lower house of parliament have overwhelmingly approved a marriage equality bill that would make the country the first in south-east Asia to legalise equal rights for marriage partners of any gender.Four hundred of 415 lawmakers present voted for the bill on Wednesday and footage from inside parliament...

Oji Holdings said it would stop making children’s nappies in September amid a sharp decline in demand. Japan has a rapidly ageing societyA nappy manufacturer in Japan is to stop making the products for babies and instead raise production of adult diapers, in a reflection of the country’s rapidly ageing society.Oji Holdings, which specialises in paper products, said it would stop making children’s nappies...

Five Chinese nationals and their Pakistani driver killed while en route from Islamabad to dam construction siteSix people have been killed after a suicide bomber rammed a vehicle into a convoy of Chinese engineers working on a dam project in north-west Pakistan, in the third significant attack on Chinese interests in the country in a week.The first two attacks targeted a Pakistani naval airbase...

Warning comes after UK and US announce sanctions against Chinese companies following mass hacking of UK dataCyber-attacks linked to Chinese intelligence agencies are increasing in capability and frequency as they seek to test foreign government responses, analysts have warned in the wake of revelations about a mass hacking of UK data.On Tuesday, the UK and US governments accused hacking group Advanced Persistent Threat 31...

Wrestler, whose real name is Mikiya Ishioka, triumphs in Osaka to secure Emperor’s Cup despite injuring his ankle the previous dayThe ancient Japanese sport of sumo is celebrating a new hero, after Takerufuji became the first wrestler for more than a century to win a top-division tournament on his debut.There were wild celebrations at the Edion Arena Osaka on Sunday after he ended the...

Last-minute decision on Tuesday’s match leaves football bodies searching for alternative venueNorth Korea has abruptly cancelled its 2026 World Cup qualifying match with Japan next week, leaving organisers frantically searching for an alternative venue.North Korea reportedly decided it would no longer host the match, which had been scheduled for next Tuesday at the Kim Il-sung Stadium in Pyongyang, a day before the teams met...

Several schools have brought in shorts for cheerleaders at baseball tournament while another positioned teachers between the cheerleaders and spectatorsHigh schools taking part in Japan’s annual spring baseball tournament are taking action to prevent spectators from taking sexualised photographs of female cheerleaders.The invitational tournament – and a regular tournament held every summer at Koshien stadium near Osaka – are supposed to be a celebration...

Beijing dismisses chorus of concern from western governments over punitive new law as slanderChina has accused western governments and the United Nations of slander after they criticised Hong Kong’s new national security law, which was rushed through the city’s pro-Beijing parliament this week.The law, known as Article 23, covers newly defined acts of treason, espionage, theft of state secrets, sedition and foreign interference. Critics...

Effigy recovered in 2009 after being thrown into Osaka river by jubilant fans but is in poor state and will be disposed ofA plastic statue of Kentucky Fried Chicken’s founder, Colonel Sanders, that was a lucky charm for superstitious Japanese baseball fans has been “disposed of” 15 years after being dredged out of an Osaka river.Jubilant supporters of Osaka’s Hanshin Tigers, known for being...

Latest legislative crackdown on dissent and international collaboration likely to scare off some businesses, say criticsHong Kong was once Asia’s world city, a global financial hub and business gateway to China. But the passage of new national security laws is the latest sign the door is closing.On Tuesday, article 23 was unanimously passed by Hong Kong’s unicameral, opposition-free parliament. The law covers newly defined...

Death of 13-year-old boy has put spotlight on juvenile crime and the plight of children left behind by rural migrant workersThe killing of a 13-year-old boy in northern China last week, for which three boys are in police custody, has triggered a heated discussion in the media on juvenile crime and the plight of children left at home by migrant workers.Police arrested three boys...

Company denied that Tim Cook deceived investors when he said iPhone sales were strong weeks before revenue warningApple has agreed to pay $490m to settle a class-action lawsuit alleging chief executive Tim Cook misled investors about a steep downturn in iPhone’s sales in China that culminated in a jarring revision to the company’s revenue forecast.The preliminary settlement filed Friday in Oakland, California, federal court...

The Boy and the Heron’s Oscar win has prompted debate over whether the 83-year-old could put down his pencilIt could have been the perfect send-off – recognition at the Academy Awards of the artistry of Japan’s peerless animator Hayao Miyazaki.The moment The Boy and the Heron was named the winner of best animated feature in Los Angeles last weekend gave Japan a chance to...