Pars Today — At the end of the week, the global economy faced a series of major developments, including falling oil prices driven by concerns over a possible rate hike and a stronger dollar, negative reactions in gold to new U.S. employment data, and an unprecedented escalation in tensions between Beijing and Tokyo over Taiwan. Energy…
We have selected seven stories from this week’s news across Hong Kong, mainland China, the wider Asia region and beyond that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. 491,000 Japan-bound air tickets cancelled as China warns people to…
Computer science graduate Alain Saas is hoping a fourth time is the charm to make his China dream come true. As a young man growing up in the small town of Selestat in eastern France, the distant Asian country seemed magical. But the dream has been elusive and trying to land a job in China…
MANILA, Philippines (AP) — Asian stocks on Friday tracked Wall Street’s sharp drop in skittish trading, with the region’s major benchmarks erasing the previous day’s gains. The future for the S&P 500 was up 0.3% while that for the Dow Jones Industrial Average edged 0.4% higher. Japan’s Nikkei 225 fell 2.4% to 48,625.88 as worries…
Japan’s export of lethal weapons sent an “extremely dangerous signal” indicating expanded military capabilities, Chinese observers and media said on Thursday as relations between the two countries continued to nosedive. The assessment followed Japanese media reports on Wednesday that Japan had exported domestically produced Patriot surface-to-air missile interceptors to the United States. The US would…
Today’s ESG Updates China Green Hydrogen: Analysts warn overcapacity and tech shifts may force consolidation in India’s solar module industry. India Solar Shake-Up: Analysts warn overcapacity and tech shifts may force consolidation in India’s solar module industry. Global Aid Trends: Study shows rich nations are pulling back on development aid, affecting climate and sustainability efforts….
Washington should tighten its export controls by adding inspection staff and plugging loopholes to slow Beijing’s chipmaking advances and curb evasion efforts with support from allies such as the Netherlands and Japan, US lawmakers and experts said on Thursday. Such actions should be deployed, including empowering the Bureau of Industry and Security (BIS) to close…
Greater Bay Airlines has become the first Hong Kong carrier to explicitly offer refunds for Japan-bound flights following Beijing’s travel warning to Chinese citizens. The announcement on Thursday came a day after the city’s flag carrier Cathay Pacific Airways and its budget arm said they would provide flexible arrangements for passengers in the wake of…
Taipei — Images of Taiwanese President Lai Ching-te holding a plate of sushi were posted on social media on Thursday in a show of support for Tokyo after reports that China will halt Japanese seafood imports. The row between Japan and China was triggered by new Japanese Prime Minister Sanae Takaichi suggesting this month that…
Amid a heated diplomatic row between Beijing and Tokyo which has shown no signs of cooling off, several employees of China’s state-owned enterprises have been advised to scrap their immediate travel plans to Japan, they told the Post on condition of anonymity. One of them, an engineer at a state-owned firm in the central Chinese…