At least 30 N Korean soldiers killed and wounded in Russia’s Kursk region: Ukraine

Russia has begun deploying “a noticeable number” of North Koreans in assaults to push Ukrainian troops out of the Kursk region, Zelensky said. Ukraine said Monday that its troops killed or wounded at least 30 North Korean soldiers who had been deployed by Russia to its western Kursk region, where Ukraine has seized territory. Thousands […]

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China’s ‘erotic clothing’ capital braces for Trump and e-commerce crackdown

What Lei calls his “erotic clothing” showroom is one of the few already open in WeMet Industrial Park, whose Chinese name translates as “Victoria’s Secret Town” – though it has no official affiliation to the US brand. In an industrial park being built with Chinese state support in the middle of a sprawling farming community, […]

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China’s Xi calls on party to ‘turn knife inward’ to end corruption

China’s Communist Party must “turn the knife inward” to eliminate problems of discipline, including corruption, President Xi Jinping said, a new call to hunt down corrupt officials and those who corrupt them. Since coming to power over a decade ago, Xi has cracked down on corruption involving party members, whether they were corrupt high-ranking “tigers” […]

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South Korea’s acting president moves to reassure allies, calm markets after impeachment

South Korea’s acting president, Han Duck-soo, moved on Sunday to reassure the country’s allies and calm financial markets a day after President Yoon Suk Yeol was impeached and suspended from his duties over a martial law attempt. Han spoke with US President Joe Biden by phone, the White House and Han’s office said. “South Korea […]

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Rare foreign-born CEO says Japan needs immigration to thrive

Politicians have struggled for years to recover from the so-called lost decades as a range of differing programmes have failed to kickstart growth, including an ultra-loose monetary policy and trillions of dollars in stimulus measures. The Indian-born head of one of Japan’s most famous snack brands has warned that the country must change its mindset […]

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What China’s persistent deflation means for the world

Policymakers have pledged to do more to shore up growth and ease price declines, using some of their most direct language in years, as Beijing braces for a trade war with Donald Trump’s return to the White House. China’s spiral into deflation is proving hard to fix. Prices in the world’s second-biggest economy have fallen […]

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South Korea’s parliament impeaches President Yoon over martial law attempt

South Korean lawmakers have impeached President Yoon Suk Yeol over his failed martial law bid, with the opposition declaring a “victory of the people”. The vote took place on Saturday as hundreds of thousands took to the streets of Seoul in rival rallies for and against Yoon, who launched a failed attempt to impose martial […]

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