Tag: Region Asias
WATCH | Airstrikes and cold claim lives in Gaza as Israel marks Hanukkah
As Israel marks Hanukkah, ceasefire talks with militants in Gaza remain stalled as Israel continues to pound targets in the territory. Among the latest reported victims of the war, a displaced child who froze to death overnight while sheltering in a tent.
NATO calls for full investigation of Azerbaijan Airlines crash
NATO calls for full investigation of Azerbaijan Airlines crash BRUSSELS (Reuters) – NATO on Thursday called for a full investigation into the cause of an Azerbaijan Airlines plane crash that killed 38 people. “Our thoughts and prayers are with the families and victims of Azerbaijan Airlines flight J28243,” NATO spokesperson Farah Dakhlallah said in a post on the platform X. “We wish those injured in the crash a speedy recovery and call for a full investigation.” Kazakhstan’s senate chairman said…
China says US ‘playing with fire’ after latest military aid for Taiwan
The Chinese government protested Sunday the latest American announcements of military sales and assistance to Taiwan, warning the United States that it is “playing with fire.” U.S. President Joe Biden on Saturday authorized the provision of up to $571 million in Defense Department material and services and in military education and training for Taiwan. Separately, the Defense Department said Friday that $295 million in military sales had been approved. A Chinese Foreign Ministry statement urged the U.S. to stop arming Taiwan…
US issues fresh sanctions related to Nord Stream 2 pipeline
WASHINGTON – The United States issued fresh sanctions on Wednesday on several Russia-based entities over their involvement in the Nord Stream 2 gas pipeline, the State Department said, including new measures against the operator of the project. The U.S. State Department said in a statement that it was re-imposing sanctions on a number of entities involved in the construction of the pipeline that were already designated, as well as several new owners of vessels already under sanctions. Among those targeted…
Secretly recorded videos are backbone of corruption trial for longest-serving legislative leader
CHICAGO (AP) — Hours of secretly recorded videos and phone calls have offered a rare glimpse into how the longest-serving legislative leader in American history operated behind closed doors. As the corruption trial of former Illinois House Speaker Michael Madigan stretches into its third month, testimony has covered his multiple alleged schemes, from kickbacks involving the state’s largest utility company to Chinatown developments benefiting his private tax firm. Jurors have heard from a congresswoman, former state legislators and the government’s…
EY worker’s death spotlights India’s unprotected white-collar labour
Authorities in two Indian states that are driving its economic growth are drafting tighter workplace rules and inspections to protect white collar employees following the death of a young executive at global consultancy Ernst & Young (EY), which her family blamed on overwork. India’s decades-old labour laws are largely focused on blue-collar workers, leaving others vulnerable to workplace abuse such as punishing work schedules and summary dismissals, unions say. Labour authorities in the states of Maharashtra and Karnataka said they…
Taiwan reports continued surge in Chinese military activity
TAIPEI (Reuters) – Taiwan’s defence ministry reported a spike in Chinese military activity around the island on Wednesday, including 53 military aircraft, with Taiwan on high alert over Beijing’s latest pressure campaign. China’s military has yet to comment and has not confirmed it is carrying out any military exercises. China, which views democratically governed Taiwan as its own territory, had been expected to launch drills to express its anger at President Lai Ching-te’s tour of the Pacific that ended on…
The Media Line: Israeli Shelling Damages Gaza Hospital, Halts Surgeries
Israeli Shelling Damages Gaza Hospital, Halts Surgeries Palestinian health officials reported on Sunday that Israeli forces shelled Kamal Adwan Hospital in Beit Lahiya, northern Gaza, severely damaging critical infrastructure. The attack disrupted electricity and oxygen pumps, halting urgent surgeries and medical care. The hospital, one of three barely operational in northern Gaza, was struck by around 100 tank shells and bombs. Several medical staff members and patients were wounded during the attack, and access to operating rooms remains contingent on…
Taiwan reports 14 Chinese warships and 4 balloons near the island
TAIPEI, Taiwan (AP) — China sent 14 warships, seven military aircraft and four balloons near Taiwan between Saturday and Sunday, according to Taiwan’s Defense Ministry, as Beijing ramps up pressure on the island it claims as its own. China’s military activities come amid speculation Beijing might organize military drills around the island in response to Taiwanese President Lai Ching-te’s recent visit to Pacific allies, including U.S. stops in Hawaii and Guam. China claims Taiwan, a self-ruled democracy of 23 million…
Israel-based Teva Pharma to divest its business venture in Japan
Teva Pharmaceutical Industries said on Thursday it will transfer ownership of its business venture that sold generics in Japan to JKI. Israel-based Teva’s deal with JKI will transfer all the shares of the unit Teva-Takeda and its subsidiary Teva Takeda Yakuhin to the firm. Teva-Takeda is a joint venture established in 2016 by Japanese drugmaker Takeda and Teva, focusing primarily on the business of generic and off-patent medicines. JKI was established by a fund managed and operated by private equity…
Chinese online retailer Temu suspended in Vietnam
Vietnam has suspended the operations of Chinese online retailer Temu after it failed to meet a government deadline to register the company by the end of November. It is unclear if Temu, a unit of Chinese e-commerce giant Pinduoduo, will be allowed to resume its business once it registers. The suspension comes after the ministry had raised concerns about the authenticity of Temu’s extremely cheap products and their impact on Vietnamese manufacturers. Temu said Thursday it was working with the…
Prosecutors open investigation into South Korean president over martial law, Yonhap reports
South Korean prosecutors have opened an investigation into President Yoon Suk Yeol, his interior minister, and the now-former defence minister over their roles in an attempt to impose martial law, Yonhap news agency reported on Thursday. Kim Yong-hyun, who resigned as South Korean defence minister over his involvement in Tuesday’s martial law order, also faces a travel ban as prosecutors investigate, Yonhap said. The other two do not face such bans. Citing unspecified threats from “anti-state forces” and obstructionist political…
One bitcoin will now set you back six figures
One bitcoin will now set you back six figures. The cryptocurrency’s break above the $100,000 milestone has felt inevitable since Donald Trump’s election as the next U.S. president on a crypto-friendly platform. While it is just a number, it highlights how cryptos have carved out a place in modern financial markets. Some commentators joked that perhaps a sales pitch from children and grandchildren around the Thanksgiving table was enough to get it past $100,000 – after investors in recent weeks…
High-ranking military official in China suspended and placed under investigation
A member of China’s powerful Central Military Commission has been suspended and put under investigation, the country’s Defense Ministry said Thursday. Miao Hua was director of the political work department on the commission, which oversees the People’s Liberation Army, the world’s largest standing military. He was one of five members of the commission in addition to its leader, Chinese President Xi Jinping. Defense Ministry spokesperson Wu Qian said Miao is under investigation for “serious violations of discipline,” which usually alludes…
Australia gives interim approval for Virgin-Qatar Airways alliance
(Reuters) – Australia’s competition watchdog said on Friday it had given Virgin Australia [IPO-VIR.AX] and Qatar Airways interim approval to operate flights between Doha and Brisbane, Melbourne, Perth and Sydney under an integrated alliance. The two airlines can start marketing and selling 28 weekly scheduled return flights between the destinations, the Australian Competition and Consumer Commission said in a statement. Qatar Airways had said in October that it was set to buy a 25% stake in Virgin Australia from U.S….
China’s Nov manufacturing activity seen expanding for second month: Reuters poll
BEIJING (Reuters) – China’s factory activity likely expanded modestly for a second straight month in November, adding to a string of recent data suggesting that a blitz of stimulus is finally trickling through and giving producers in the world’s No.2 economy a much needed boost. A Reuters poll of 21 economists estimated the official purchasing managers’ index (PMI) would come in at 50.2 when the data is released on Saturday, higher than October’s reading of 50.1 and above the 50-point…