Latest news with #NortheastAsia

Yahoo
a day ago
- Business
- Yahoo
Two Japanese men killed in northeast China after business dispute
TOKYO/BEIJING (Reuters) -China's Foreign Ministry said on Tuesday that two Japanese men killed last month in the northeastern city of Dalian were business partners of the suspect and authorities were investigating. Dalian police confirmed the case in a statement on Tuesday and said a 42-year-old male suspect of Chinese nationality has been arrested. He had lived in Japan for a long time, the statement said. The two victims were business partners of the suspect who had entered China temporarily, police said, adding that the incident was triggered due to business conflicts. Kyodo News had reported the incident earlier on Tuesday, citing the Japanese embassy in China. Chinese police notified the Japanese consulate in Shenyang on May 25 about the killings, the report said.


Bloomberg
3 days ago
- Business
- Bloomberg
Vietnam Proposes $2b Northeastern Casino Resort: VnExpress
Vietnam's Ministry of Finance is proposing an investment policy for a 51.5 trillion dong ($1.98 billion) luxury casino complex in the northeastern province of Quang Ninh, home to Unesco World Heritage Site Ha Long Bay, VnExpress International news website reported. The proposal was submitted to Prime Minister Pham Minh Chinh, it said, citing information from the ministry.


South China Morning Post
7 days ago
- Business
- South China Morning Post
Why South Korea's next leader should revive 6-party nuclear talks
South Korea is heading to a presidential election on June 3, triggered by the impeachment of Yoon Suk-yeol after his bungled attempt at martial law. Lee Jae-myung , leader of the opposition Democratic Party, is a clear front-runner. With the formation of a Lee administration in South Korea looking likely, the United States would have a rare opportunity to explore North Korea's denuclearisation. Advertisement US President Donald Trump has boasted of his close connection to North Korean leader Kim Jong-un, with whom he had summit meetings during his first term. Trump might want to prove himself as a peacemaker and great statesman by resolving the denuclearisation issue. Indeed, Trump has indicated his willingness to meet Kim again: in January, days into his second administration, and again in February and March. At the same time, South Korea's Lee is widely expected to pursue a friendlier policy towards North Korea – and China – than former president Yoon. This would create a favourable environment for denuclearisation. During the previous Biden administration in the US, Yoon failed to forge a balanced and viable strategy to engage with North Korea. There is a high probability that a Trump-Lee duo could do better on North Korea. Given Lee's attitude towards China, his government could be positive for the international landscape. China wants to see peace and stability on the Korean peninsula and to foster economic prosperity across Northeast Asia. More specifically, it needs North Korea as a buffer zone against the US and its allies. That is why North Korea's survival and peace on the Korean Peninsula are important to it. Advertisement


NHK
25-05-2025
- Politics
- NHK
N.Korea detains three officials over failed warship launch
North Korea reportedly detained three officials after one of the country's warships was damaged during its launch ceremony. The Sunday edition of the ruling Workers' Party newspaper Rodong Sinmun said the three, including the chief engineer of the shipyard, are responsible for the incident that occurred on Wednesday at a shipyard in the country's northeast. Satellite imagery shows the 5,000-ton destroyer, covered in blue tarps, lying on its side, partially submerged. The vessel apparently lost balance when its bow failed to detach from the shipway. The newspaper also reported that there is no additional damage to the warship and repair work is underway as scheduled. Leader Kim Jong Un has given instructions to restore the vessel before the plenary meeting of the party's Central Committee, which is scheduled to convene in late June.


CNA
21-05-2025
- Business
- CNA
CNA938 Rewind - Does China's latest economic data show the impact of the tariff war?
CNA938 Rewind China's economy mostly remained resilient in April, but came in below estimates as the country reels from a persistent property and consumption crises, and faces tariff tensions with the US -- prompting authorities to cut benchmark lending rates. Andrea Heng and Hairianto Diman crunch the data and analyse what's next for Chinese officials with Betty Wang, Lead Economist, Northeast Asia, Oxford Economics