Commerce and trade ministers from the United States, Japan and South Korea vowed on Wednesday to cooperate on strategic issues including artificial intelligence (AI) safety, export controls, clean energy and semiconductor supply chains. “We’re doubling down our efforts to work together,” US Commerce Secretary Gina Raimondo said at the start of the meeting in Washington. […]
Read MoreThe Reserve Bank of India (RBI) introduced a new currency swap window worth Rs25,000 crore yesterday (27 June) for swap support in Indian Rupee for South Asian Association for Regional Cooperation (Saarc) countries, offering various concessions. Saarc consists of eight member countries: Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka. Moreover, the RBI […]
Read MoreHONG KONG, June 16 (Reuters) – China’s National Meteorological Centre on Sunday issued an alert for high temperatures as multiple regions across the country experience sweltering heat, while many southern provinces issued severe flood warnings due to heavy rains. The intensity of high temperatures is expected to decrease in north China and regions between the […]
Read MoreKAOHSIUNG, Taiwan, June 16 (Reuters) – China views the annexation and “elimination” of Taiwan as its great national cause, Taiwan President Lai Ching-te said on Sunday, telling cadets at the military’s premier academy they must know their enemy and not give in to defeatism. Lai has faced sustained personal attacks from China, which views Taiwan […]
Read MoreSaudi Arabia’s annual inflation rate remained at 1.6% for the third month running in May, government data showed on Sunday, with higher housing rents still the main driver. Housing rents rose 10.5% from a year earlier underpinned by a 14.3% rise in apartment rents, according to the General Authority for Statistics. Overall, prices in the […]
Read MoreExtreme temperatures across Asia are driving up liquefied natural gas (LNG) demand in the region as importers seek cargoes ahead of summer, with imports in South Asia hitting records. This could tighten available supply and further lift Asian spot prices that have already gained a third since April, with heatwaves across South and Southeast Asia […]
Read MoreBy Jeffrey Reeves The recent unrest in New Caledonia highlights France’s enduring colonial legacy in Asia and shatters its self-ascribed image as a legitimate Pacific power. The Indigenous Kanak people have clearly demonstrated their interest in self-determination and their willingness to fight for independence. Rather than preserving its control of the island by force, Paris […]
Read MoreVIENTIANE, May 31 (Xinhua) — Thai Minister of Foreign Affairs Maris Sangiampongsa and his delegation paid an official visit to Laos to strengthen bilateral friendship and cooperation. During the visit on Thursday, Maris held talks with Lao Deputy Prime Minister and Minister of Foreign Affairs Saleumxay Kommasith, Lao News Agency reported on Friday. The two […]
Read MoreTokyo, May 31 (Jiji Press)–Japan’s parliament is expected to enact a bill to revise the political funds control law before its current session ends in June after the ruling Liberal Democratic Party Friday made further concessions to demands from its coalition partner and an opposition party. The LDP lowered the threshold for the disclosure of […]
Read MoreLABUAN: Malaysia must adopt a rational approach in responding to calls from non-governmental organisations (NGOs) to withdraw from a US-led maritime military exercise that includes the participation of the Israeli army. Prime Minister Datuk Seri Anwar Ibrahim emphasised the need for thorough consideration of the matter and its potential implications. “Our stance is firm; no […]
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