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East Asia
China’s industrial profits return to black despite trade war
China’s economy is stabilizing with latest statistics pointing toward a mild rebound in May, as domestic companies strive to shake off the negative impact of the China-US trade war through internal improvements and flexible business strategies. According to data released by the National Bureau of Statistics (NBS) on June…
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East Asia
China, US need to press ahead with sincerity, action
The outcomes of the meeting between Chinese President Xi Jinping and his US counterpart, Donald Trump, on the sidelines of the G20 Osaka summit on June 29 have sent a positive signal to the two countries and the world. At their gathering, the two leaders agreed to restart economic and…
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East Asia
S. Korea warns of ‘corresponding measures’ against Japan’s export curbs
South Korea’s finance minister warned Thursday of “corresponding measures” against Japan’s move restricting key supplies for the nation’s semiconductor and display industries, in a major escalation of a long-simmering row over compensation for wartime forced labor. The diplomatic conflict between South Korea and Japan, which have close economic ties despite…
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East Asia
The root of the MagazineN is Asia Journalist Association (AJA)
Monthly MagazineN marks the sixth anniversary in July number. Members of AJA(Asia Journalist Association) contribute articles to MagazineN. The motto of the magazine is ‘Inspiring Asia, Empowering People, Leading Change’. The first number was published in July 2013 and the 69 number was published including the special number and two…
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East Asia
S. Korea calls Japan’s export restrictions economic retaliation
South Korea’s finance minister on Thursday pressed Japan to withdraw its export restrictions, denouncing them as an economic retaliation. Hong Nam-ki, the minister of economy and finance, said South Korea will decide when to file a complaint with the World Trade Organization over Japan’s decision as soon as an internal…
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East Asia
FM says ‘complete denuclearization’ remains S. Korea’s goal
South Korea’s goal in the North Korean nuclear issue is none other than complete denuclearization, Foreign Minister Kang Kyung-wha said Wednesday, amid speculation that the United States may settle for a nuclear freeze. Talk of a nuclear freeze rose significantly after a New York Times report that U.S. officials may…
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East Asia
In digitized S. Korea, going cashless not an option
Throughout history, a new invention or technological advance has often allowed people to carry less with them. For instance, the invention of coins helped reduce the burden of people carrying loads of goods they wished to trade. Just decades ago, it would have been considered unwise, or even unthinkable, for…
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East Asia
S. Korea: gov’t to set 5-year plan on animal welfare
South Korea’s agriculture ministry said Wednesday it is drawing up a five-year plan on improving the welfare of animals in the country, which will focus on adopting tougher regulations against animal cruelty and providing them with a better living environment. Under the 2020-2024 plan which is anticipated to be announced…
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East Asia
POSCO named ‘lighthouse factory’ by World Economic Forum
South Korea’s top steelmaker POSCO said Wednesday it has been named a “lighthouse factory,” by the World Economic Forum (WEF) for its efforts to drive innovation of the manufacturing sector. The WEF, an international organization for public-private cooperation, selects lighthouse factories twice a year that are considered front runners in…
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East Asia
China’s Xinjiang provides focused assistance to areas of extreme poverty
Thanks to the unremitting efforts of China’s Xinjiang Uygur Autonomous Region, Turghun Rose , a man from a registered poor family in Awati township of Kashgar, Xinjiang, is now securing a stable income working as a forest ranger in the village and running agritainment business under the assistance from local…
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