Asia (except ME & Indian SC)

Interview: China's victory in dispute with Australia over steel products has symbolic significance

BEIJING, April 1 (Xinhua) -- It is of symbolic and historical significance that China won the dispute with Australia at the World Trade Organization (WTO) over Australia's anti-dumping measures on steel products imported from China, an expert observed.

Asia-Pacific’s Prosperity Lies In Peaceful Co-Existence Not Harmful Bloc Politics says Russian Official Maha Kamal 02/04/2024 - 01:13

KUALA LUMPUR, Mac 30 (NNN-BERNAMA) – Asia-Pacific’s prosperity lies in peaceful co-existence not harmful bloc politics, as championed by some seeking to use the region as part of a confrontational strategy, a Russian official said here, yesterday.

6.1-Magnitude Quake Strikes Northern Japan Maha Kamal 02/04/2024 - 00:59

TOKYO, Apr 2 (NNN-NHK) – An earthquake with a preliminary magnitude of 6.1 struck off Japan’s northern prefecture of Iwate early today, according to the country’s weather agency.

The temblor occurred at 04:24 a.m. local time, at a depth of 80 km, measuring lower 5 on Japan’s seismic intensity scale, which peaks at 7, said the Japan Meteorological Agency (JMA).

The epicentre was located off Iwate prefecture’s northern coast, at a latitude of 40.1 degrees north, and a longitude of 141.7 degrees east.

No tsunami warnings have been issued.

Malaysia’s Market Potential Drives Continued US Investments – Ambassador Maha Kamal 02/04/2024 - 00:58

KUALA LUMPUR, April 1 (Bernama) — The United States (US) Ambassador to Malaysia Edgard D. Kagan has expressed confidence in the continued investments of American firms in Malaysia, attributing their interest in the country’s market potential and its integration into global trade networks.

He underscored the enduring economic partnership between the US and Malaysia and highlighted the significant investments and job opportunities generated by American companies in the region.

Asia to continue driving global growth, development in years to come, says Kazakh president Maha Kamal 28/03/2024 - 13:19

BOAO, Hainan, March 28 (Xinhua) -- As the world economy faces various challenges calling for a new development paradigm, Asia is well positioned to continue driving global growth and development in the years to come, Kazakh President Kassym-Jomart Tokayev said here Thursday.

Addressing the opening ceremony of the Boao Forum for Asia Annual Conference 2024, Tokayev said the meeting takes place against a backdrop of unprecedented global uncertainty, fueled by geopolitical turbulence and economic upheavals, and "the outlook is not very promising."

Agricultural Bank of China sees net profit growth of 4.2 pct in 2023

BEIJING, March 28 (Xinhua) -- Agricultural Bank of China, one of the country's four big state-owned lenders, reported net profit growth of 4.2 percent in 2023.

The bank raked in 269.8 billion yuan (about 38 billion U.S. dollars) in net profit attributable to shareholders in the period, according to its annual financial report.

Its non-performing loan ratio stood at 1.33 percent at the end of 2023, down 0.04 percentage points from the end of 2022.

According to the bank, its risk offset capability remains strong, with a provision coverage rate of 303.87 percent.

China calls for solidarity, cooperation to create better future for Asia, world

BOAO, Hainan, March 28 (Xinhua) -- China's top legislator on Thursday called for solidarity and cooperation to meet challenges and work together to create a better future for Asia and the world.

Zhao Leji, chairman of the National People's Congress Standing Committee, made the remarks during a keynote speech at the opening ceremony of the Boao Forum for Asia Annual Conference 2024, which drew more than 1,500 people from political and business circles and think tanks from more than 60 countries and regions.

Israeli embassy in Singapore forced to take down 'insensitive' Facebook post Aseem Chaudhary 25/03/2024 - 12:20

Singapore, Mar 25 (PTI) An "insensitive" post by the Embassy of Israel here that tried to make a political point citing the holy Quran has been taken down after the intervention by the government of Singapore.

The post on the Facebook page was made on Sunday.

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