Embattled property giant China Evergrande suspended trading in its shares in Hong Kong on Monday pending an announcement on a “major transaction”, as the firm struggles in a sea of debt and faces a …
Taiwan Says Peace Crucial to Chip Supply as China Pressure Grows
Peace in the Taiwan Strait is key to the island’s ability to ensure continuous supply of the chips needed to power a wide range of products from cars to smartphones, a senior Taiwanese official said.
Expo 2020 Dubai poised to bring in $17.7bn of revenue
The UAE government forecasts revenue of up to $17.7 billion provided that Expo 2020 Dubai is a success, with each emirate in the UAE to become a major growth destination for economic growth. According …
North Korea issues warning to U.N. Security Council
North Korea has warned the U.N. Security Council against criticizing the isolated country’s missile program, in a statement Sunday that included unspecified threats against the international body.
North Korea to reopen hotlines with the South
North Korea says it will restore the severed hotlines with the South on Monday, according to state news agency KCNA, but it also urged Seoul to step up efforts to improve relations. North Korean …
Malaysia’s Budget 2022 to focus on tourism, retail, and SMEs: Minister Zafrul
Minister for Finance, Zafrul Abdul Aziz, said that the country’s economy is growing positively between 3-4% this year, which edges closer to international bodies’ forecast of 5-6% growth in 2022.
The Korea Herald introduces: ASEAN “Super” Week to highlight ASEAN and Korea Partnership
Following announcement covered by The Korea Herald, The ASEAN-Korea Centre will organize the ASEAN Week, from 5 to 6 October, both on and offline. The flagship event will be held in conjunction with …
Iran Will Not Forget Friends in Post-Sanctions Era
Iran will not forget its friends when the sanctions are removed, a senior Iranian lawmaker said as the latest developments suggest Tehran does not shy away from depriving of economic opportunities …
Iraq Hopes for Breakthrough in Iran-Saudi Talks
Talks between Tehran and Riyadh have made some progress and Baghdad hopes for a major breakthrough, Iraqi President Barham Salih said.
Japan’s Outgoing Finance Minister Aso Said He Urged BOJ to Lower Inflation Target
Japan’s outgoing finance minister, Taro Aso, said on Monday he had proposed lowering the central bank’s 2% inflation target when prices took a hit from plunging oil prices from 2014 through to 2015.