Liu Shishi’s net worth analysis: A talented actress’s earnings
Liu Shishi, a prominent figure in the Chinese entertainment industry, has captivated audiences with her remarkable talent and charisma. As a celebrated actress, her financial...
East Asia
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Japan alters arms export rules, allows shipment of Patriot Missiles to U.S. in response to Ukraine’s ammo shortage
Previously, Japan's arms export rules only permitted the shipment of components of licensed equipment to the country holding the manufacturing license. However, the recent policy revision allows Japan to send fully assembled goods, reflecting a more proactive approach to contributing to global security efforts.
Kim Jong Un unveils new plan for agricultural overhaul in response to North Korea’s food crisis
The aim is to establish a solid groundwork for the stable and continuous development of the agricultural sector, as reported by the state-run Korean Central News Agency on Tuesday.
Japan’s manufacturing records worst month in nearly a year, raising economic concerns
The au Jibun Bank Japan manufacturing purchasing managers' index (PMI) – a closely watched gauge of factory activity – plunged to 47.9 in December, down from 48.3 in November.
South Korea adapts economic strategy to navigate inflation challenges and foster growth
In its fight against persistently high inflation, the finance ministry outlines a multifaceted strategy. Plans include bringing down inflation to the 2% level within the first half of 2024 through policy measures such as tax and tariff cuts, freezing public utility costs, and other interventions.
Hong Kong’s economic challenges and sustainability concerns
Hong Kong faces economic challenges, including disrupted property markets, geopolitical tensions impacting trade, demographic shifts, and scepticism over infrastructure projects, prompting concerns about its economic sustainability.
Cathay Pacific exploring mid-sized widebody aircraft for fleet advancement
Cathay Pacific Airways is actively exploring new possibilities in the realm of mid-sized widebody aircraft. This decision underlines the airline's commitment to staying at the forefront of industry advancements.
Taiwan documents alleged Chinese intervention ahead of elections
In preparation for Taiwan's upcoming presidential and parliamentary elections, Taiwan actively documents perceived attempts by China to interfere in its democratic process.
Japanese finance minister plans visit to strengthen ties with Cambodia and enhance economic cooperation
The minister highlighted the significance of working closely with Cambodia to enhance bilateral friendship, especially as the two nations commemorate their 70th anniversary of diplomatic ties this year.
Taiwan braces for Hung Parliament or KMT majority in elections
Taiwan faces the possibility of a hung parliament or KMT majority in the upcoming elections, potentially impacting legislative decisions and tensions with China.
China’s Fujian aircraft carrier: A technological marvel sets sail
In a captivating revelation, China has offered a sneak peek into its maritime future, unveiling compelling images of its highly anticipated next-generation aircraft carrier.
Asia extends market gloom as dollar reigns supreme
South Korea's benchmark Kospi index sank 1.8%, mirroring the anxieties gripping Wall Street and other major financial hubs. Down under, Australia's resource-heavy stocks couldn't escape the contagion, tumbling 1.1% as commodity prices remained under pressure.
Horrific collision at Haneda: JAL airbus A350 and coast guard Dash-8 crash, investigation underway
All passengers aboard the JAL flight were safely evacuated, though fourteen individuals sustained injuries and were immediately transported to nearby hospitals.
Japan explores diplomatic thaw with Russia amidst geopolitical shifts and economic sanctions
As the global geopolitical landscape undergoes significant shifts, Japan finds itself recalibrating its diplomatic strategy, particularly in its relations with Russia. The ongoing crisis in Ukraine has compelled Tokyo to reevaluate its stance, prompting a nuanced and multifaceted diplomatic reset.
Media maverick Jimmy Lai defiantly denies charges in high-stakes national security showdown
Media tycoon Jimmy Lai fervently declared his innocence today in a high-stakes trial under Hong Kong's national security law.
Deadly 7.6 magnitude earthquake hits Japan’s Noto Peninsula, leaving 30 dead and widespread devastation
The earthquake, occurring on Monday afternoon, prompted the country's first major tsunami warning since the devastating events of March 2011, when an earthquake and tsunami in the northeast claimed the lives of approximately 18,500 people.
Asia’s rollercoaster year: from Japan’s soaring Nikkei to China’s slow grind
Underscoring Asia’s relative resilience is the International Monetary Fund’s forecast of 4.6% growth in 2023 and 4.2% in 2024, exceeding the global projections of 3% and 2.9% respectively.