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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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South Asia
Afghanis to seek elusive peace at new dialogue on July 7
Germany and Qatar will co-host an intra Afghan dialogue on July 7-8 to support the peace process in Afghanistan. The dialogue will be held in the Qatari capital Doha in “the wake of unwavering ferocity across Afghanistan as war even further intensified between Afghan forces and the Taliban fighters,” Afghani…
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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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South Asia
Pakistan’s Edhi Foundation wins humanity award in Bahrain
A welfare foundation in Pakistan with a wide array of welfare services including mortuaries, orphanages, old age homes, and shelter homes for women has been named as the winner of the 2019 Isa Award for Service to Humanity. The prestigious biennial award, named after Bahrain’s late Amir Shaikh Isa bin…
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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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East Asia
G20 upholds spirit of partnership, copes with common challenges
Chinese President Xi Jinping arrived in Osaka, Japan on June 27 for the 14th Group of 20 (G20) summit. It marks the seventh consecutive time for the Chinese President to attend or chair the G20 summit, reflecting the high importance China attaches to G20 cooperation and global economic governance. The…
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East Asia
Inclusiveness consolidates foundation for world economic growth
Development imbalance is the greatest imbalance confronting today’s world. Chinese President Xi Jinping noted at the G20 Hangzhou Summit that the world economic recovery remains weak, weighed down by insufficient drivers of growth and negative impact of regional and international hot-spots and global challenges. That’s why the summit actively…
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