Japan and China navigate frosty relations following Kishida’s US visit

By Shin Kawashima Japanese Prime Minister Fumio Kishida visited Washington and North Carolina in the US in April 2024, and held numerous meetings and exchanges, including a summit with US President Joe Biden and an address to the US Congress. The two leaders also issued a joint statement entitled “Global Partners for the Future”. This […]

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PM Hasina departs for Thailand on six-day official visit

Bangkok: Prime Minister Sheikh Hasina left Dhaka on Wednesday for Bangkok on a six-day official visit to Thailand at the invitation of her Thai counterpart Srettha Thavisin to strengthen the bilateral ties between the two countries. A special flight of Biman Bangladesh Airlines, carrying the premier and her entourage, departed Hazrat Shahjalal International Airport at […]

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China’s ‘broker butcher’ makes bold moves to breathe life into moribund stocks. Will the US$9 trillion market respond?

The six-month exodus of foreign capital from China’s US$9 trillion stock market appears to have petered out, as some foreign investors voted with their feet in response to securities regulator head Wu Qing’s push to instil market discipline. It remains to be seen whether this conviction is deeply entrenched among domestic and foreign investors. Since […]

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Hong Kong accounting watchdog initiates probe into PwC audits of bankrupt developer Evergrande

Hong Kong’s accounting watchdog said it will investigate accounting firm PwC for alleged auditing fraud related to bankrupt Chinese developer China Evergrande Group, adding that it would not hesitate to take enforcement action. The Accounting and Financial Reporting Council (AFRC) said in a statement on Friday that it had taken note of the whistleblower’s allegations […]

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Singapore’s Shanmugam rebuts ‘sneering’ Economist article on Lawrence Wong’s political succession

Law and Home Affairs Minister K Shanmugam on Friday criticised a commentary by British publication The Economist, which he said could not “resist sneering” at Singapore’s political leadership handover. The weekly newspaper’s commentary, published on Thursday, noted that Singapore has had “only” three leaders in its 59 years, and that the next prime minister Lawrence […]

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North Korea conducts test on new ‘super-large warhead’: State media

North Korea has conducted a test on a “super-large warhead” designed for a strategic cruise missile, state media reports, adding that it also launched a new type of anti-aircraft missile. “The DPRK Missile Administration has conducted a power test of a super-large warhead designed for ‘Hwasal-1 Ra-3’ strategic cruise missile”, KCNA news agency reported on […]

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