Asia | News

A New York Times report revealed that Asian countries are entering an energy crisis due to the closure of the Strait of Hormuz, while Western nations will feel the economic effects of the war.

A New York Times report revealed that Asian countries are entering an energy crisis due to the closure of the Strait of Hormuz, while Western nations will feel the economic effects of the war.

The Web3 company will provide capital, advisory support and business development to help Avalanche projects scale, with a focus on real-world assets and digital identity. Animoca Brands has made a strategic investment in Ava Labs and entered a partnership to support projects building on the Avalanche blockchain, focusing on capital deployment, advisory support and expansion in Asia and the Middle East. According to Thursday’s announcement by the Hong Kong-based Web3 company, the collaboration will target sectors including real-world assets, digital identity and entertainment, with Animoca providing business development support and access to regional networks to help Avalanche-based projects scale and reach institutional users. Projects pursued under the partnership may also tap into the broader ecosystem of portfolio companies, Animoca said. Read more

The South Korean stock market (KOSPI) closed near 5,094 after falling 12.06% in a single session today. The index had already fallen 7.24% the prior session, taking the two-day slide to roughly 18.4% on a compounded basis. South Korean equities did not fall alone, but the magnitude set Korea apart in a global risk-off window. […] The post Bitcoin jumps to $72,000 as Asia’s stock market meltdown deepens appeared first on CryptoSlate.

Dezvăluirile din documentele publicate de administrația Trump au generat ample repercusiuni globale, ducând la demisii și potențiale implicații penale mult dincolo de granițele SUA, din Europa până în Asia, relatează New York Times.

During a panel discussion at Consensus in Hong Kong, Peach pointed to massive capital pools in traditional finance as ETF adoption spreads across Asia.

Crypto payments network Mesh has raised $75 million in a Series C round pushing its total funding past $200 million and valuing the company at $1 billion. The post Mesh Targets LatAm, Asia, Europe After $75M Raise – Can It Beat Legacy Rails? appeared first on Cryptonews.

The following is a guest post and opinion from Anurag Arjun, Founder of Avail. The global stablecoin narrative is about to shift fast. What began as a US-dominated experiment in digital liquidity is morphing into a multipolar fight over who controls the rails of tomorrow’s monetary system. And the most consequential moves are unfolding in […] The post Asia is quietly building a counterweight to the dollar stablecoin empire, and the West isn’t ready appeared first on CryptoSlate.

Companies that pivot to Bitcoin treasuries face crackdown in Asia, China doubles down on crypto ban. Asia Express 2025 in review. With the end of the year in sight, Asia Express looks back at some of the most significant developments for Bitcoin and cryptocurrency in the region in 2025. The rise of Bitcoin treasury firms was a major development in Asia in 2024, after Japan-based Metaplanet adopted the blueprint popularized by Michael Saylor’s Strategy. In 2025, the model gained a formal label with the firms now known as digital asset treasury companies, or DATs. But for many DATs, the embrace of Bitcoin was really just a last-ditch attempt to revive moribund share prices. Several had little to do with crypto prior to their pivots, and DAT announcements often triggered short-lived stock rallies before prices normalized. Read more

China a descoperit primul său zăcământ de aur submarin, considerat acum cel mai mare din Asia. Autoritățile de la Beijing nu au dezvăluit mărimea exactă a comorii din Marea Bohai.

Malaysia’s RMJDT shows how Asia is pulling stablecoins into regulated finance, linking tokenized assets with local-currency onchain settlement. RMJDT is a ringgit stablecoin pitched for payments and cross-border trade. Its treasury and validator setup is designed to make onchain settlement function like reliable infrastructure. Across Asia, stablecoins are being brought under licensing and reserve and redemption rules. Read more

Sygnum’s APAC HNWI Report 2025 found that 87% of Asia’s high-net-worth individuals are already exposed to crypto, with an average allocation of approximately 17%. More than half of wealthy Asian investors in a recent survey say they plan to increase their portfolio exposure to cryptocurrency over the next few years. Sygnum’s APAC HNWI Report 2025 found that 6 in 10 of the surveyed Asian high-net-worth individuals (HNWIs) are prepared to increase their crypto allocations based on a strong two- to five-year outlook. It polled 270 HNWIs with more than $1 million in investable assets and professional investors with over ten years of experience across ten APAC countries, mainly in Singapore, but including Hong Kong, Indonesia, South Korea and Thailand. Read more

Global technology giant Microsoft announced on Tuesday plans to invest $17.5 billion to help build India’s artificial intelligence infrastructure, with CEO Satya Nadella calling it “our largest investment ever in Asia”. Several global corporations have announced large investments this year in the South Asian nation, which is projected to have more than 900 million internet users by year’s end. “To support the country’s ambitions, Microsoft is committing US$17.5B (billion) – our largest investment ever in Asia – to help build the infrastructure, skills, and sovereign capabilities needed for India’s AI first future,” Nadella said in a post on X. Nadella made the announcement on social media after he met Prime Minister Narendra Modi in New Delhi, thanking the leader for “an inspiring conversation on India’s AI opportunity”. In a statement, Microsoft said the investment would be spread over four years. “Together, Microsoft and India are poised to set new benchmarks and drive the country’s leap from digital public...

The toll in deadly flooding and landslides across parts of Asia climbed past 1,100 on Monday as hardest-hit Sri Lanka and Indonesia deployed military personnel to help survivors. Separate weather systems brought torrential, extended rainfall to the entire island of Sri Lanka and large parts of Indonesia’s Sumatra, southern Thailand and northern Malaysia last week. Much of the region is currently in its monsoon season but climate change is producing more extreme rain events and turbocharging storms. The relentless rains left residents clinging to rooftops awaiting rescue by boat or helicopter, and cut entire villages off from assistance. People salvage their belongings from a flooded house along the banks of Kelani River, following Cyclone Ditwah in Peliyagoda, Sri Lanka on December 1. - Reuters Arriving in North Sumatra on Monday, Indonesian President Prabowo Subianto said, “the worst has passed, hopefully”. The government’s “priority now is how to immediately send the necessary aid”, with particular focus on...

Bilanțul inundațiilor care au lovit Asia de Sud-Est s-a agravat vineri, depășind 300 de decese.

Japan is quietly preparing the most pro-crypto shift of any G7 nation. According to multiple reports from local media, the Financial Services Agency (FSA) is drafting a sweeping reclassification of digital assets that would bring Bitcoin, Ethereum, and around 100 other tokens under the same umbrella as stocks and investment funds. If the plan moves […] The post Japan’s 20% crypto tax sets a new bar in Asia, pressuring Singapore and Hong Kong as retail costs fall appeared first on CryptoSlate.

While many foreign airlines have resumed flights to Europe and the U.S., 73.1% of flights to east Asia are operated by Israel's flag carrier, which keeps reporting record quarterly profits

Pakistan’s build-up towards next year’s T20 World Cup will continue on Tuesday when they take on South Africa in the opener of the three-match series at the Rawalpindi Cricket Stadium. The national side goes into the series after faring decently in their biggest test at the Asia Cup last month — beating all sides they came up against except world number one and archrivals India, who handed them defeats in all three encounters including the final. South Africa, in contrast, arrive as a depleted outfit on paper — the presence of star batter Quinton de Kock, featuring in a Twenty20 International for the first time since June 2024, standing out in a largely second-string squad led by Donovan Ferreira, who has just nine T20Is to his name. Hence, Pakistan can be safely called favourites to take the series trophy, which would help restore their damaged confidence following the triple-drubbing from India. The hosts too haven’t shied away from striking a balance between experimentation and experience. Former skipper B...

Moon Inc. (HKEX: 1723), formerly HK Asia Holdings Limited, has raised about US$8.8 million through new shares and convertible notes and will roll out a Bitcoin prepaid card across Asia, positioning a Hong Kong–listed issuer on retail cash rails. The company secured roughly HK$65.5 million via a private placement, combining the allotment of new shares […] The post Buy BTC like phone credit: Can Bitcoin prepaid cards win Asia’s cash economy? appeared first on CryptoSlate.

The deadlock over the Asia Cup trophy — which India refused to collect at the closing ceremony last month amid Pakistan-India hostilities — continued on Tuesday as the Board of Control for Cricket India (BCCI) contacted Asian Cricket Council (ACC) head Mohsin Naqvi to hand over the trophy, Indian media reported citing sources. Naqvi, who is also the chairman of the Pakistan Cricket Board, told reporters in Karachi on Tuesday that the ACC has informed the BCCI that a formal ceremony will be held in Dubai on December 10 to present India with the trophy. Dawn.com understands that Naqvi, as ACC chief, is keen on handing over the trophy himself following the farcical scenes that followed after last month’s final between Pakistan and India. Defending champions India edged Pakistan by five-wickets in a last-over thriller to win the Asia Cup title at the Dubai International Stadium last month. However, the closing ceremony descended into farce as the Indian cricket team refused to collect the winners’ trophy from Naq...