Asian media described that the joint maritime exercise is a manifestation that the brewing tensions in the South China Sea have mellowed down despite persistent reports of the growing presence of Chinese vessels in the disputed the South China Sea.
The Korea Tourism Organization (KTO) released the results of a survey it conducted among 3,199 tourists who came to South Korea from Singapore, China, Japan, the United States, Hong Kong, Taiwan, Thailand and Malaysia from the end of 2016 to early this year.
India shares edged higher on Thursday, tracking gains in other Asian equities following an optimistic appraisal of economic conditions by the U.S. Federal Reserve.
Singapore stocks fell on Thursday, dragged lower by lenders such as DBS and OCBC Bank amidst caution ahead of a U.S. tax bill from Republicans later in the day.
Singapore Airlines upgraded its first class suites meant for the most premiere of its customers, as part of an $850 million product investment to fend off competition from Middle Eastern rivals.