Friday, 3 May 2024

Asia

Asia News – Get latest breaking news & top stories today in Asia, South-East Asia, South Asia, East Asia, Australia/New Zealand at…

Burning tyres: The murky oil business polluting parts of Asia

PASIR GUDANG, MALAYSIA/JOKHABAD, INDIA (REUTERS) – When local investigators scoured a riverbed in southern Malaysia for clues in a chemical dumping case that hospitalised over 1,000 people earlier this year, they found a cocktail of toxins, including a colourless liquid commonly secreted when tyres are recycled. That led environment officials and police to a small […]

Ex-China central bank chief says progress at Xi-Trump Japan meet 'difficult'

BEIJING (REUTERS) – Chinese President Xi Jinping and United States President Donald Trump are likely to find it “difficult” to make major progress towards ending their countries’ trade war when they meet at a Group of 20 summit in Japan in June, a former Chinese central bank chief said on Friday (May 31). Trade tensions between […]

PUB's Hari Raya short film about family ties turns on the water works for netizens

SINGAPORE – A short film by national water agency PUB about cherishing family ties and brotherhoood ahead of Hari Raya Puasa has turned on the water works for many social media users. The six-minute film, titled Kinship, was shared on PUB’s Facebook page and YouTube channel on Thursday (May 30). Since then, it has garnered […]

Philippines ships dumped trash back to Canada

MANILA (AFP, DPA) – Tonnes of garbage sent to the Philippines years ago was shipped back to Canada on Friday (May 31) after a festering diplomatic row, as Asian nations increasingly reject serving as dumping grounds for international trash. After a long campaign to urge Canada to take back the rotting waste, Philippine President Rodrigo […]

Hong Kong amends extradition Bill seen as eroding autonomy

HONG KONG (BLOOMBERG) – Hong Kong said it would make further amendments to scale back a proposed extradition law that has raised concerns over the city’s autonomy and risks undermining its status as an international trade hub. The government will raise the proposed extradition limit to crimes that carry a maximum sentence of seven years […]

Japan automaker shares hit as Trump announces tariffs on Mexico imports

TOKYO (Reuters) – Shares in Japan’s major automakers sank on Friday after U.S. President Donald Trump said the United States will impose a 5% tariff on all imports from Mexico from next month, as the move was seen affecting vehicles made in Mexico and sold north of the border. Shares in Toyota Motor Corp, Nissan […]

Japan finmin: No comment on Trump's new tariff plan on Mexico

TOKYO (Reuters) – Japanese Finance Minister Taro Aso on Friday declined to comment on U.S. President Donald Trump’s remark that the United States would impose new tariffs on all imports from Mexico unless illegal immigration from the country was stopped. “I won’t comment on other countries’ policy,” Aso told reporters after a cabinet meeting when […]

Japan's industrial output rebounds but trade war risks grow

TOKYO (Reuters) – Japan’s industrial output rebounded in April, though retail sales grew at a slower pace from the previous month, suggesting that both domestic and external demand could come under severe pressure in the event of a protracted Sino-U.S. trade war. The rise in industrial output was also mainly because Japanese companies front-loaded production […]

Trade talks: It's up to US now, says China

BEIJING • China said that the next move in trade talks must come from the United States, days after President Donald Trump said he is in no hurry to make a deal. “The US keeps escalating the trade tensions and makes various tricks, which has severely hurt the trade talks,” Chinese Ministry of Commerce spokesman […]

Bank of Canada sees rising business investment, says economy solid

CALGARY, Alberta (Reuters) – The Bank of Canada said on Thursday that business investment should expand gradually overall but expressed concerns over increased trade frictions between the United States and the European Union. Carolyn Wilkins, the bank’s senior deputy governor, said the expanded investment should be led by firms outside the oil and gas sector, […]