Asian (6do encyclopedia)



Asia is the largest continent in terms of both land area and population. It is located primarily in the eastern and northern hemispheres, covering approximately 44.6 million square kilometers and containing over 4.6 billion people – about 60 percent of the world’s population. The continent is surrounded by the Pacific Ocean on the east, the Indian Ocean on the south, and the Arctic Ocean on the north.

Geography and Climate

Asia is a continent of great geological diversity, with a vast range of landforms, from snow-capped mountains to lush tropical rainforests, hot deserts to heavily forested plateaus. The Himalayan mountain range is located in Asia, and it contains the tallest peaks on earth, including Mount Everest, which stands at 8,848 meters (29,029 feet) above sea level. The Gobi Desert, located in China and Mongolia, is the largest desert in Asia, covering 500,000 square miles (1.3 million square kilometers).

Asia is also characterized by its diverse climate, ranging from the arctic climate of Siberia in northern Asia to the tropical climate of Southeast Asia. The monsoon season, which brings heavy rainfall to many parts of the continent, is an important climate feature of many Asian countries.

Languages and Ethnic Groups

Asia is home to over 2,300 different languages, making it the most linguistically diverse continent on earth. Some of the major language families in Asia include the Indo-European languages, the Sino-Tibetan languages, the Altaic languages, and the Dravidian languages.

There are also a wide variety of ethnic groups in Asia, with over 50 recognized countries and countless smaller regions and territories. Some of the largest ethnic groups include the Han Chinese, who make up approximately 20 percent of the world’s population, as well as Indians, Arabs, Japanese, Indonesians, and Koreans.

History and Culture

Asia has a rich and ancient history, dating back thousands of years. The earliest civilizations in Asia emerged in Mesopotamia, which is now modern-day Iraq, and the Indus Valley, which is now modern-day Pakistan and northern India.

In the Middle Ages, a number of powerful empires arose in Asia, including the Mongol Empire, which was the largest contiguous empire in history, and the Ottoman Empire, which controlled much of southeastern Europe, western Asia, and northern Africa.

Asia is also the birthplace of many of the world’s major religions, including Hinduism, Buddhism, Taoism, Confucianism, and Islam. These religions have had a profound impact on the cultural traditions and values of many Asian societies.

Contemporary Asia

Today, Asia is a rapidly developing region, with many of its countries experiencing recent economic growth and development. Countries such as China and India have emerged as major players on the world stage, and many smaller countries in Asia are also experiencing significant economic growth.

However, with its large and diverse population, Asia also faces a number of challenges. These include poverty, political instability, and environmental degradation. Climate change is particularly concerning in Asia, as many countries in the region are vulnerable to extreme weather events such as typhoons, floods, and droughts.

Conclusion

Asia is a continent of great diversity, both in terms of its geography and its people. Its rich history and culture have left a lasting impact on the world, and many of its countries are now major players in the global economy. However, with its many challenges and complexities, there is no doubt that Asia will continue to be a fascinating and important region for years to come.


Disclaimer
6do Encyclopedia represents the inaugural AI-driven knowledge repository, and we cordially invite all community users to collaborate and contribute to the enhancement of its accuracy and completeness.
Should you identify any inaccuracies or discrepancies, we respectfully request that you promptly bring these to our attention. Furthermore, you are encouraged to engage in dialogue with the 6do AI chatbot for clarifications.
Please be advised that when utilizing the resources provided by 6do Encyclopedia, users must exercise due care and diligence with respect to the information contained therein. We expressly disclaim any and all legal liabilities arising from the use of such content.

Shares jump in Chinese state enterprises as investors seek high yield

Financial Times

23-05-15 01:19


Investors looking for a haven from economic volatility in China are buying up shares in state-run enterprises as they report better returns than their government bond market. With Chinese banks paying out an annual dividend of around 6% to 7% compared to 10-year Chinese government debt, which pushed yields below 3%, this has caused a rare rally in the country's state-run bank shares with shares in Bank of China and Industrial and Commercial Bank of China up more than 20% and 10%, respectively since April. Some analysts said the rally reflects a hunt for higher dividend yield by "absolute return" funds.

https://www.ft.com/content/bcb144e4-646c-489a-ac43-557387bdf5d2
Asian shares braced for China data, Fed speakers

Reuters

23-05-15 01:11


Asian stock markets were unsteady ahead of China's policy rate decision, with investors also closely watching US Federal Reserve officials. After the US consumer sentiment dipped to a six-month low in May and long-term inflation expectations rose to their highest level since 2011, US Treasury yields and the US dollar increased. This reversal in emerging markets created anxieties for investors. A runoff presidential election in Turkey also heightened anxieties and made the lira less valuable against the dollar.

https://www.reuters.com/markets/global-markets-wrapup-1-pix-2023-05-15/
Singapore will host Earthshot Prize to highlight ‘disproportionate’ climate change

Telegraph

23-05-15 00:01


Kensington Palace has announced that the Prince of Wales’s Earthshot Awards, which recognise green initiatives, will be hosted in Singapore this year. This marks the third annual ceremony for Earthshot and the first ever Earthshot Week, which will run alongside the awards. Kensington Palace reportedly suggested that Singapore’s optimistic and innovative approach to environmental issues made it an ideal location for Earthshot. Five winning projects receive £1m to expand their work. The awards were launched by Prince William in 2020 and are designed to identify solutions to environmental problems that range from air pollution to climate change.

https://www.telegraph.co.uk/royal-family/2023/05/15/singapore-earthshot-prize-climate-change-prince-william/
Bafta TV Awards 2023, review: Underwhelming, but kept alive by late Queen's unforgettable Paddington sketch

Telegraph

23-05-14 23:40


The 2023 BAFTA Television Awards suffered from a "glorified industry backslapping session" that lacked engagement with viewers, writes Michael Hogan in an analysis for The Telegraph. The show felt "decidedly dated" with programs recognised that aired more than a year ago. Many of the awards were picked by anticipated winners, with shows like Derry Girls and hit reality contest The Traitors walking away with prizes. However, there were a few surprises, such as when The Masked Singer won best entertainment programme over the usual ratings winner, Strictly. The ceremony provided tribute to much-missed television personalities, but no room could be found in the TV broadcast for the factual awards. The show's hosts, comedians and close friends Rob Beckett and Romesh Ranganathan were on relaxed form and succeeded in being pleasingly edgy with their gags about BBC balance, diversity drives, Gary Linker's tweets and Philip Schofield's queue-jumping.

https://www.telegraph.co.uk/tv/0/bafta-tv-awards-2023-review/
If it ain’t got that swing: three of Hong Kong’s top golf courses

Financial Times

23-05-14 23:19


To play golf regularly in Hong Kong requires deep pockets, impeccable social connections and luck as there are only eight clubs in the area and not all accept visitors. Joining fees at many of the clubs are eye-watering. Due to the coronavirus pandemic, teeing up has become even more difficult as fewer residents could travel over the border into mainland China or other nearby countries for golf. The Clearwater Bay Golf & Country Club offers visitors sensational views, popping out into the South China Sea like a shimmering jewel. The course was described by former world No 1 Justin Rose as “the Pebble Beach of Asia”. Kau Sai Chau is the only municipal course in the territory and has three courses but booking a slot can be difficult. It has played host to 129,000 rounds, even after having to close for 104 days by Hong Kong’s strict Covid rules last year. The course ranks as one of the most impressive municipal golf courses in the world.

https://www.ft.com/content/2285e254-2bf5-4f80-b3a0-410166fc73b5
US debt woes could trigger a return to favour for fund manager specialising in emerging markets

Telegraph

23-05-16 06:00


Emerging markets-focused asset manager Ashmore is being tipped to return to favour, with a share price currently languishing at 234.4p, compared to 2020's peak of 570p and a peak of investments under management of $94.4bn in June 2021. Factors that dragged Ashmore's shares down include: a trend towards growth and technology rather than emerging markets; economic uncertainty and the Ukrainian conflict damping sentiment; and Ashmore's own investments performing below customers' expectations. However, a return to favour for emerging markets, plus scarcity in the debt market, could be a catalyst for Ashmore and the areas in which it invests, according to Questor.

https://www.telegraph.co.uk/investing/shares/us-debt-woes-could-trigger-a-return-to-favour-for-fund/
3 judges who chipped away abortion rights to hear federal abortion pill appeal

The Independent

23-05-16 04:04


Three conservative judges with a staunch history against abortion will hear appeals on whether mifepristone, a widely used abortion drug, should remain available. Conservative Judge Jennifer Walker Elrod, who was nominated by former President George W. Bush in 2007, Judge James Ho, a former Texas solicitor general nominated by Donald Trump in 2017, and Judge Cory Wilson, a former Mississippi appeals court judge nominated by Donald Trump in 2020, all hold anti-abortion records. Their decision is expected to go to the US Supreme Court for appeal, regardless of the outcome.

https://www.independent.co.uk/news/world/americas/us-politics/ap-texas-food-and-drug-administration-new-orleans-donald-trump-b2339513.html
China's April factory output, retail sales lower than forecasts

Nikkei Asia

23-05-16 03:36


China's April industrial output and retail sales growth missed forecasts, indicating the economy has suffered further momentum at the start of the second quarter, adding to pressure to ensure that the post-COVID recovery is strengthened. The National Bureau of Statistics data stated that industrial output in China increased by 5.6% YoY in April, primarily accelerating from the 3.9% pace seen in March. However, retail sales increased by just 18.4% YoY, speeding up sharply from a 10.6% increase in March.

https://asia.nikkei.com/Economy/China-s-April-factory-output-retail-sales-lower-than-forecasts
Baidu, JD.com lead Hong Kong stocks as famous money manager buys tech

South China Morning Post

23-05-16 02:47


Hong Kong's benchmark Hang Seng Index rose a slight 0.4% to 20,049.34, despite disappointment with China's latest economic data. Tech shares received a boost when Michael Burry, famous for predicting the 2008 housing crisis, doubled his holdings in Alibaba Group Holding and tripled his stake in JD.com. Both holdings now account for 20% of his stock portfolio. Moody's Investors Service has projected a favourable outlook for China’s property sector for the first time in around two years, based on domestic economic conditions. Haidilao advanced 1.3%, while casinos, Galaxy Entertainment and Sands China, rose by 1.4% and 1.1% respectively. Chip maker Smarter Microelectronics Guang, which began trading in China, fell 6% to 19 yuan in Shanghai. Metal hardware manufacturer Hwaway Technology gained 10% to 31 yuan in Shenzhen.

https://www.scmp.com/business/banking-finance/article/3220675/alibaba-jdcom-lead-hong-kong-stocks-famous-money-manager-buys-tech-and-investors-bet-more-beijing
Indian shares set to open higher on inflation boost, FII buying

Reuters

23-05-16 02:45


Indian shares are predicted to open higher on Tuesday, thanks to decreasing domestic inflation and increasing foreign institutional buying in equities. The Nifty 50 index closed at a near-five month high yesterday due to positive earnings and favourable inflation data. Foreign institutional investors extended their buying streak for the thirteenth session on Monday. The Wall Street equities also rose ahead of talks between the US President and House Republicans regarding raising the debt ceiling.

https://www.reuters.com/world/india/indian-shares-set-open-higher-inflation-boost-fii-buying-2023-05-16/
China's recovery loses steam in April, testing policymakers

Nikkei Asia

23-05-16 12:43


China's April industrial output and retail sales growth have fallen below forecasts, indicating that the economy lost momentum at the beginning of Q2 and putting further pressure on policymakers to support the post-pandemic recovery. The data also showed a decrease in property investment. Analysts have said that the figures highlight how difficult it is to keep the growth engine running after restarting it, suggesting that a downward spiral could result in weak activity data, rising unemployment, persistent disinflation, falling market interest rates and a weaker currency. The National Bureau of Statistics showed that industrial output grew 5.6% year on year in April, accelerating from 3.9% in March.

https://asia.nikkei.com/Economy/China-s-recovery-loses-steam-in-April-testing-policymakers
Japan and China start defense hotline operation as ties remain tense

Japan Times

23-05-16 12:30


China and Japan have opened a military hot line between their defence authorities to avoid unwanted military incidents. The Maritime and Aerial Communication Mechanism was launched as long ago as 2018, but the global pandemic and a territorial dispute over the Senkaku Islands prevented its operation. The uninhabited islands are controlled by Japan but claimed by China. The hot line will operate as a bellwether of trust between the two regional powers and will hopefully avoid any unnecessary confrontations.

https://www.japantimes.co.jp/news/2023/05/16/national/china-japan-defense-hotline-launched/
‘At least a hundred’ feared dead after Cyclone Mocha

The Independent

23-05-16 12:11


Cyclone Mocha, the deadliest storm ever to hit Myanmar, is feared to have killed over 100 people. AFP news agency has quoted several local leaders in the western region of the country who have said the death toll stands at 41. However, many others are missing and feared dead, with activists raising concerns that relief efforts are being hampered in Myanmar because of government restrictions. At the same time, Cyclone Mocha has affected Bangladesh and northeast India, leading experts to highlight a rise in cyclonic activity in South Asian waters linked to rising ocean temperatures and global heating.

https://www.independent.co.uk/climate-change/news/cyclone-mocha-death-myanmar-bangladesh-b2339778.html
What is China's strategy for Central Asia?

Deutsche Welle

23-05-16 12:08


Chinese President Xi Jinping will host the China-Central Asia Summit in northwestern China on 11/12 June. Leaders from Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan will attend. The summit will be the first in-person high-level meeting between Xi and Central Asian leaders since Beijing established diplomatic ties with their countries over thirty years ago. At the conference, Xi is expected to deliver a keynote speech, exchange views with regional leaders on cooperation between China and Central Asia, sign "important political documents" and establish visa-free initiatives with multiple Central Asian countries.

https://www.dw.com/en/what-is-chinas-strategy-for-central-asia/a-65637703
Malaysia moves to decriminalise drug possession in major shift

The Independent

23-05-16 12:04


The government of Malaysia is seeking to introduce a bill which would decriminalise possession and small-scale use of illegal drugs in an effort to tackle overcrowding in the country's prisons and soften capital punishment for drug offences. While some southeast Asian nations take a hard stance on drug use and penalties, the Malaysian government has already made steps towards criminal justice reform under prime minister Anwar Ibrahim. Officials said the new "Drugs and Substance Abuse Act" would focus on rehabilitating smaller drug offenders, rather than sending them to jail.

https://www.independent.co.uk/asia/southeast-asia/malaysia-decriminalise-drug-possession-law-b2339767.html
Tyrannical China wants to topple the US dollar

Telegraph

23-05-16 18:13


The effectiveness of international sanctions is being challenged as Russia, China and Iran implement alternative financial systems, which blunts the impact of US policies and allows them to hide questionable behaviour. While the alternative financial system is currently limited, more nations will enter Beijing's orbit as China's economy grows, and the alternatives to the dollar will rise in popularity. It is essential that the US revitalises domestic manufacturing and makes and keeps friends. The US must build a coalition of its own to balance Beijing’s growing anti-American coalition, and to keep the dollar as strong as possible.

https://www.telegraph.co.uk/news/2023/05/16/tyrannical-china-wants-to-topple-the-us-dollar/
Boies Schiller adds London partner after UK exits

Reuters

23-05-16 17:34


Boies Schiller Flexner has hired a former government attorney from Kazakhstan, Almat Madaliyev, as a partner in its London and New York offices. Madaliyev previously served as vice minister of justice for the Kazakh government dealing with investor-state disputes and commercial transactions for Kazakhstan. Boies Schiller worked with Madaliyev on litigation for Almaty, the country's largest city, and BTA Bank, one of its largest banks. Madaliyev is the second partner to join Boies Schiller in September, following Evan Ezray, a former deputy solicitor general of Florida. More than a dozen lawyers left Boies Schiller's London office last January.

https://www.reuters.com/legal/legalindustry/boies-schiller-adds-london-partner-after-uk-exits-2023-05-16/
Philippine c.bank to hold rates at 6.25% in May after nine straight increases - Reuters poll

Reuters

23-05-16 15:28


The Philippines central bank is expected to keep its key interest rate at 6.25% indefinitely as inflation cools, marking the end of its year-long tightening cycle, according to a Reuters poll. Inflation hit a peak of 8.7% in January and has since moderated, hitting 6.6% in April, but remains above the central bank's target range of 2%-4%. However, last month Bangko Sentral ng Pilipinas Governor Felipe Medalla signalled that decreasing inflation rates gave the central bank every argument for not changing interest rates at the May meeting.

https://www.reuters.com/markets/asia/philippine-cbank-hold-rates-625-may-after-nine-straight-increases-2023-05-16/
Antidote for world’s deadliest mushroom revealed by Sydney scientist

The Sydney Morning Herald

23-05-16 15:00


Researchers have found that an FDA-approved injectable dye called indocyanine green (ICG) could protect against the death cap mushroom, responsible for nine in 10 fatal mushroom poisonings and thousands of deaths worldwide. Conducting tests on lab-grown liver cells and mice who were treated within four hours of poisoning, the dye halted the toxin’s deadly effects. Death caps, which grow in symbiosis with oak trees and resemble the commonly cooked straw mushroom, have claimed at least six lives in Australia. Scientists also discovered dozens of other potential antidotes for the deadly poison.

https://www.smh.com.au/national/nsw/antidote-for-world-s-deadliest-mushroom-revealed-by-sydney-scientist-20230515-p5d8ii.html