China holds strong appeal to foreign investment
Statistics indicate a steady growth of the scale of foreign investment China has used. Last year, China’s actual utilization of foreign investment hit a record high. In the first half of this year, the actual utilized value of foreign investment in China rose 7.2 percent from a year ago to reach 478.33 billion yuan. It […]
S. Korea, U.S. agree to discuss defense cost sharing in ‘reasonable, fair’ way
South Korea and the United States have agreed to conduct discussions in a “reasonable and fair” way on how to share the cost for the upkeep of American troops here, a foreign ministry official here said Tuesday. The two sides talked about the upcoming negotiations over Seoul’s share of the cost for the stationing of […]
S. Korea: new home permits down 9 pct in H1
New home permits in South Korea dropped 9.2 percent in the first half of the year, the government said Tuesday, amid toughened regulations on the housing market. Construction permits issued for new homes came to 226,594 in the first six months of the year compared with 249,505 the same period a year ago, according to […]
S. Korean airlines reduce flights to Japan amid trade row
South Korean airlines have suspended services or plan to reduce the number of flights on some Japanese routes as outbound travel demand falls amid escalating trade tensions with the neighboring country. On Tuesday, Asiana Airlines Inc. said it will reduce the number of flights on the routes to Japanese destinations, such as Fukuoka, Osaka, […]
S. Korea: childbirths down 9.6 pct in May
The number of newborns in South Korea fell 9.6 percent in May from a year earlier, government data showed Tuesday, a sign of the continuing low birthrate that has plagued Asia’s fourth-largest economy for more than a decade. The data compiled by Statistics Korea showed that 25,300 babies were born in May, compared with 28,000 […]
Heavy monsoon rains lash Pakistan
By Nasir Aijaz The AsiaN Correspondent Islamabad: Heavy monsoon rains on Monday lashed most parts of Pakistan, especially Sindh and Balochistan provinces and some southern areas of Punjab province. The downpour started in the wee hours and continued until sunset. The southern coastal districts of Sindh province were severely affected as the rainwater flooded the […]
Malaysia all set for installation of 16th Yang di-Pertuan Agong
Kuala Lumpur: Malaysians are all ready to witness on Tuesday another historic ceremony that usually takes place every five years – the installation of the Yang di-Pertuan Agong. Al Sultan Abdullah Ri’ayatuddin Al Mustafa Billah Shah of Pahang will be installed as the 16th Yang di-Pertuan Agong at Istana Negara in a ceremony unique […]
Chinese firm to invest $20m in taxi, cargo services in Pakistan
By Nasir Aijaz AsiaN Correspondent Islamabad: A Chinese firm is working on comprehensive business plan to provide five important services in Pakistan, initially investing $20 million, with prospects of $600m in the future. Chinese company Time-saco intends to provide a rapid services platform to citizens by launching five special services including a taxi […]
MAHB’s success in Turkey shows Malaysian firms’ capability: Dr Mahathir
Istanbul: Malaysia Airports Holdings Bhd’s (MAHB) success in managing Istanbul Sabiha Gokcen International Airport (ISGIA), Turkey’s second biggest airport, shows Malaysian companies’ capability as well as their ability to expand their operations abroad, Prime Minister Dr Mahathir Mohamad has said. The prime minister said although MAHB operates airports in several other countries as […]
Iran wins historic FIVB Men’s U-21 World Championship
By Alireza Bahrami Tehran: Iran claimed the title of the 2019 FIVB Volleyball Men’s U-21 World Championship for the first time in its history after defeating Italy in an absorbing five-set contest in Bahrain. The victory allowed them to improve on their bronze medal finish that they achieved when they joined the World […]
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Trump, Kim, and the Three P’s of Summit Diplomacy: 
