South Korea’s new liberal President Lee Jae-myung pledged on Wednesday to raise the country from the near destruction caused by a martial law attempt and revive an economy besieged by global protectionism that is threatening its very existence. Lee’s decisive victory in Tuesday’s snap election stands to usher in a sea change in Asia’s fourth-largest […]
Read MoreThe new South Korean administration will likely make efforts to buy time for US trade talks, as it studies the negotiations of bigger neighbours Japan and China for leverage, according to sources familiar with the ruling party’s thinking. President Lee Jae-myung, who took office hours after winning the June 3 snap presidential election without a […]
Read MoreHong Kong’s leader said on Tuesday that China’s recent removal of its top representative in the city, known for his hardline policies on national security, had been a “normal” personnel change. In a surprise development, China announced late on Friday that Zheng Yanxiong, the director of China’s Liaison Office in Hong Kong – Beijing’s main […]
Read MoreSouth Korea’s liberal party candidate Lee Jae-myung is projected to win the country’s snap presidential election, according to projections by the country’s broadcasters on Tuesday. Reuters has not independently confirmed the results of the joint exit poll by broadcasters KBS, MBC and SBS, which put Lee on 51.7% and his conservative rival Kim Moon-soo on […]
Read MoreBoeing expects Chinese airlines to resume orders that were paused during the trade war with the United States, but analysts warn supply chain constraints and tariff uncertainties could slow actual deliveries. Kelly Ortberg, CEO of the American aircraft giant, said Chinese airlines have confirmed they would begin taking deliveries of Boeing planes this month after […]
Read MoreSouth Korea’s Industry Ministry said on Monday it will respond to the looming 50% US tariff on steel products as part of its trade discussions with Washington in order to minimise the impact on industry. US President Donald Trump said on Friday he planned to increase tariffs on imported steel and aluminum to 50% from […]
Read MoreUS Treasury Secretary Bessent said he believes President Donald Trump and Chinese President Xi Jinping will speak soon to iron out trade issues including a dispute over critical minerals. President Donald Trump on Friday accused China of violating an agreement with the US to mutually roll back tariffs and trade restrictions for critical minerals. “What […]
Read MoreBy Kandy Wongin Hong KongandFrank Chenin Shanghai American retail giants are now demanding that their Chinese suppliers shoulder half to 66 per cent of the cost of US import duties, as the ongoing US-China trade war ramps up pressure on businesses’ bottom lines, industry sources told the Post. US retailers have been locked in talks […]
Read MoreTokyo, May 30, 2025: Japan and Bangladesh on Friday signed six Memorandum of Understandings on economic, investment and other cooperations on the third day of the ongoing visit of Chief Adviser Professor Muhammad Yunus to Japan on Friday. Professor Yunus witnessed the signing of the MoUs on the sidelines of a seminar titled “Bangladesh Business […]
Read MoreIn a bid to escape the soaring summer temperatures now becoming the norm across Japan, cities are moving traditional festivals – including beloved fireworks displays – to spring and autumn for the sake of safety and comfort. One of the most prominent examples is Tokyo’s century-old Adachi Fireworks Festival, which will take place on May […]
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