Thai businesses cash in on cannabis, from milk tea to toothpaste

THAI businesses are cashing in with cannabis-infused products like toothpaste, tea, soaps and snacks after the government legalised the plant and its extract this year, generating a wave of interest…

India considers curbing fridge imports to boost local industry – sources

NEW DELHI- India is considering restricting imports of refrigerators to promote local manufacturing, two industry sources told Reuters on Thursday, potentially freezing out shipments from Samsung Electronics Co and LG…

Sri Lanka defaults on debt for first time in its history

Sri Lanka has defaulted on its debt for the first time in its history as the country struggles with its worst financial crisis in more than 70 years. It comes…

China gives up 2023 Asian Cup hosting rights

REUTERS-HONG KONG – China will no longer host the 2023 Asian Cup finals due to the COVID-19 situation in the country, the Asian Football Confederation (AFC) said on Saturday, adding…

China holds interest rates steady despite COVID, Ukraine woes

China held key interest rates for corporate and household loans steady on Wednesday, a surprise move that signals Beijing remains cautious about policy easing even as COVID-19 and the Ukraine…

Asian stocks stumble as weak China data fan global growth worries

Asian shares fell on Wednesday as weak Chinese economic data reinforced worries about slowing growth globally as well as in the world’s second-biggest economy amid fraught nerves over a still-dominant…

Veteran Indian sports chief takes over at Asia Olympics body

VETERAN Indian sports administrator Raja Randhir Singh on Saturday took over as head of the Olympic Council of Asia after its former Kuwaiti leader was sentenced to jail in a…

Afghan cricket board signals women could still play – report

WOMEN could still be allowed to play cricket, the chairman of Afghanistan’s Cricket Board has claimed to an Australian broadcaster in an apparent backflip on the Taliban’s hardline stance. Azizullah…

India Covid: Economy sees record growth during deadly wave

India’s economy rebounded at a record rate in the three months to the end of June even as a devastating second wave of Covid-19 hit the country. Looser pandemic curbs…

Afghanistan’s banks brace for bedlam after Taliban takeover

AFGHANISTAN’s banks, critical to the country’s recovery from the crisis, are facing an uncertain future say its bankers, with doubts over everything from liquidity to employment of female staff after…