Asia (except ME & Indian SC)

Chinese enterprises from power sector meet Ambassador Hashmi in Beijing

BEIJING, Aug 19 (APP): Senior executive from leading Chinese enterprises from power sector – China Gezhouba Group Overseas Invesstment Company Limited and China State Grid – held separate meetings with Pakistan Ambassador to China, Ms. Naghmana A. Hashmi.

Welcoming the visitors, Ambassador Hashmi underscored that Pakistan-China cooperation in the power sector had developed rapidly, especially following the advent of China Pakistan Economic Corridor (CPEC), a flagship project of Belt and Road Initiative.

Pak universities team competes at robotics championship in China

BEIJING, Aug 19 (APP): About 33 teams from universities of China, Pakistan, Germany, the United Kingdom, South Korea and Cote d’Ivoire competed at the first International Competition for Autonomous Running Intelligent Robots held here at the Beijing Science Center.

The representatives from universities in 20 different countries and regions also took part in the event hosted by the Beijing Association for Science and Technology and organized by the Beijing Institute of Electronics and the Institute of Microelectronics of Tsinghua University.

Thousands riot in Papua, parliament building torched

19 August 2019; AFP: Riots broke out and a local parliament building was torched in Indonesia's restive Papua region on Monday, as thousands protested against the weekend detention of dozens of Papuan students.

Demonstrators took to the streets of Manokwari, the capital of West Papua province, bringing the city of some 130,000 to a standstill as its civic building was nearly reduced to ashes.

Japan’s exports fell in July for 8th straight month

TOKYO (AP) — Japan’s exports fell for the eighth straight month in July as worries continued about President Donald Trump’s trade policies denting Asian economic growth.

Ministry of Finance data released Monday showed exports and imports fell in July, compared to the same month a year ago. Exports fell 1.6%, while imports slid 1.2%, resulting in a trade deficit of 249.6 billion yen ($2.35 billion).

Global markets have been in turmoil because of Trump’s trade war with China. A slowdown in China is certain to hurt other regional economies, including Japan’s.

Spokesperson warns Taiwan's DPP to stop meddling in Hong Kong affairs

BEIJING, Aug. 19 (Xinhua) -- Ma Xiaoguang, a spokesperson for the State Council Taiwan Affairs Office, on Monday warned Taiwan's Democratic Progressive Party (DPP) authority to stop interfering in Hong Kong affairs and its connivance towards the criminals.

Ma made the remarks in response to a question on the DPP's claim on recent moves by Tsai Ing-wen and relevant departments attempting to give assistance to certain Hong Kong residents' visits to Taiwan in the name of "humanitarian aid."

He told the DPP authority to stop undermining the rule of law in Hong Kong.

Asian shares rise as investors watch trade war, economies

TOKYO (AP) — Asian shares were higher Monday, as investors continue to rejigger their read on President Donald Trump’s trade war and growing worries about slowing economies around the world.

Japan’s benchmark Nikkei 225 rose 0.6% in early trading to 20,532.95. Australia’s S&P/ASX 200 gained 0.8% to 6,454.40, while South Korea’s Kospi was 0.4% higher at 1,934.78. Hong Kong’s Hang Seng rose 0.9% to 25,734.22. The Shanghai Composite added 0.3% to 2,823.82.

There’s history behind worsening Seoul-Tokyo trade dispute

SEOUL, South Korea (AP) — A runaway train. Crashing billiard balls. A compound fracture.

Journalists and academics in Seoul have been running out of colorful descriptions for an intensifying dispute between South Korea and Japan over history and trade that has sent always shaky relations plummeting further.

Malaysia’s economy to be driven by ongoing mega projects in 2H19

KUALA LUMPUR, Aug 18 (NNN-Bernama) — Malaysia’s economic growth for the second half of this year is set to be healthy and driven by the ongoing mega projects, despite the current global economic uncertainties, says Maybank Kim Eng Group economist, Lee Ju Ye.

She said among the mega projects are the East Coast Rail Link (ECRL) which has been revived and the Klang Valley MRT 2 as well the LRT 3 project that would become the factors underpinning growth over the long term. 

Entrepreneur Development Ministry studying takeover of Malaysia’s halal industry

KOTA BHARU, Aug 18 (NNN-Bernama) — The Entrepreneur Development Ministry is studying placing the development of Malaysia’s halal industry under its ambit and in line with its role which is more focused on it.

Its Minister, Datuk Seri Mohd Redzuan Yusof said, however, the business of certification will remain with the Department of Islamic Development Malaysia (JAKIM) and see the continued involvement of the ministry of International Trade and Industry (MITI) to award the Malaysian standard. 

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