EXPLAINER: Iran’s president-elect has limited ability to bring political change

Masoud Pezeshkian may have a comparatively strong hand to revive the economy

Singapore Exchange has no plans to include crypto, says CEO

Loh Boon Chye tells Next conference conditions are still not yet ripe for crypto listings

Taiwan’s June exports top forecasts on AI demand

Exports to the US soared 74.2% in June, compared with a 36.4% surge in May

Kenya president in IMF talks after scrapping tax hikes, sources say

Finance bill was central to policy reforms agreed  with the global agency as part of a lending programme worth $3.6bn

Australian spy agency moves data to Amazon cloud

The move to cloud services run by Amazon Web Services will give greater resilience to data used to support the defence force, says minister Richard Marles

Indian officials visit Foxconn iPhone plant over hiring practices

Probe follows report that the Apple supplier rejected married women from iPhone assembly jobs

More than 100 killed in stampede at religious event in India

Police to investigate why devotees panicked as they exited the venue in Hathras

Thailand sets sights on Brics membership by October summit

Thailand is also looking to join the Organisation for Economic Co-operation and Development

Border dispute bars resumption of Indian flights to China, official says

Beijing is pressing New Delhi to restart direct passenger flights after a four-year halt amid tense relations

China orders small banks to curb wealth management business

Small banks told to stop selling wealth management products unless they have a separate wealth subsidiary in a bid to curb financial risk

ANALYSIS: Wealthy Chinese investors rush for offshore assets

Hong Kong’s outlook brightens after Beijing relaxes rules around the ‘wealth connect’ programme

Putin and Kim sign defence pact in overhaul of Russian policy

The move comes as the US and Asian allies try to gauge how far Moscow could deepen support for the nuclear-armed country

Coal-fired power plants ‘could be profitably replaced’

Most of the viable transition targets identified were built 30 years or more ago

Indian cities bear brunt of extreme heat

Delhi, Hyderabad, Kolkata and Mumbai become heat traps amid one of longest heatwaves

China and Philippines trade blows over maritime collision

The incident is the latest in a testy series of confrontations in the South China Sea