ASEAN News

A billionaire index revealed on Thursday that China’s real estate industry had been devastated by a liquidity shortage, which has caused the wealthiest lady in Asia to lose more than half of her fortune over the past year. According to the Bloomberg Billionaires Index, Yang Huiyan, who is a majority shareholder in the Chinese property company Country Garden, saw her …

The Minister of Foreign Affairs of South Korea issued a warning on Wednesday that if North Korea goes forward with its planned nuclear test on July 27th, it will almost certainly face stronger limitations, including measures to impair its capabilities to engage in cyberattacks. Since May, President Yoon Suk-yeol nominated top diplomat Park Jin has stated that North Korea has …

Throughout the month of July, the skyrocketing temperatures in Shanghai, the commercial metropolis of China, have kept Ye Xiangxiang quite busy. According to Ye, the manager of an ice-making factory owned by Shanghai’s Yuhu Ice Company and located on the outskirts of the city, business in 2022 is twice as good as it was in a typical year. “This year, …

Amidst negotiations for an emergency US$4 billion package to assist it to emerge from an economic collapse, Sri Lanka has urged China for support with trade, investment, and tourism to help it expand sustainably, Colombo’s envoy to Beijing said on Monday, July 25th. Having depleted its foreign reserves, the island nation of 22 million people is experiencing its biggest economic …

According to the Justice ministry, Japan hanged a man on Tuesday, July 26th, for his role in the 2008 death of seven people in the Akihabara electronics neighborhood in Tokyo. The Justice Ministry has not immediately confirmed reports on NHK and other sites that Tomohiro Kato had been executed for the attack, which began with his driving a truck into …

On Sunday evening, July 24th, a volcano on the major western island of Kyushu in Japan erupted, sending black smoke billowing high into the air. However, there were no immediate reports of any damage or injuries, and authorities stated that they did not expect a major eruption to occur. The eruption took place at approximately 8:05 p.m., according to the …

State-run CCTV reported on Saturday, July 23rd, that ten workers were killed and seven others were injured after a mountainside collapsed within a coal mine in China. According to CCTV, the incident occurred at 11:15 a.m. local time (03:15 GMT) in the province of Gansu, China’s far northwest. According to CCTV, a mountaintop collapse buried workers and their trucks as …

It was announced on Saturday by the business that China’s homegrown C919 narrow-body aircraft, which was built to compete with the Airbus-Boeing duopoly, is getting closer to receiving certification as its test planes accomplished all of the test flight duties on July 23rd. Commercial Aircraft Corp. of China (COMAC), a state-owned manufacturer, announced on its official social media account that …

COVID in China, Beijing ramps up efforts to allay public concerns about safety that risk hindering its vaccination drive, officials said on Saturday (July 23) that the Covid-19 vaccines are safe and have been given to leaders of the state and ruling Communist Party. This comes as Beijing is attempting to allay public concerns about safety that have the potential …

A Beijing single woman who wanted to freeze her eggs unsuccessfully challenged the practice in court, which is exceptionally unusual in China. The Beijing Chaoyang Intermediate People’s Court ruled that the hospital did not breach the woman’s rights by denying her request to freeze her eggs. On Friday, almost three years after Teresa Xu first filed her lawsuit, she finally …