Posted inWorld News

Asian shares lower with eyes on NKorea, China-US trade deal

TOKYO — Asian shares were mostly lower Monday as investors awaited updates on the signing of a trade deal between the U.S. and China and kept a wary eye on North Korea. Tokyo’s Nikkei 225 index fell 0.5% to 23,714.68, while in Australia, the S&P ASX 200 declined 0.4% to 6,791.80. South Korea’s Kospi edged […]

Posted inOpinion

The lesson from my trip to China? Solomon Islands is not ready to deal with this giant

BEIJING,23 DECEMBER 2019 -The invitation from the prime minister’s office came in mid-November, almost exactly two months after the event referred to as “the switch” – the day the government of Solomon Islands, after more than 30 years of diplomatic allegiance to Taiwan, unceremoniously switched recognition to China. “The PRC [People’s Republic of China] want […]

Posted inPacific News

Trade in Asia-Pacific declines for the first time since 2009, highlights UN regional arm Region expected to bounce back in 2020 with positive trade growth

 Bangkok (ESCAP news) – Asia-Pacific economies may see positive trade growth in 2020 but are still facing downside risks from the adverse impacts of the United States – China trade tensions, two new trade briefs by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) released today have revealed. Trade in […]

Posted inPacific News

China leading investor in PNG, Australia drops to second spot

PORT MORESBY, 12 DECEMBER 2019 (THE NATIONAL) — China is the leading investor in the country, followed closely by Australia, Malaysia, the Philippines and Singapore, according to the Investment Promotion Authority (IPA). Managing director Clarence Hoot told the Start-Up PNG convention in Port Moresby on Tuesday that Australia used to be the leading investor in […]

Posted inSports

Basketball player fined for ignoring Chinese national anthem

BEIJING (AP) — China’s professional basketball association fined one of its foreign players on Monday for not paying sufficient attention during the pre-game playing of the country’s national anthem. Nanjing Monkey Kings forward Guerschon Yabusele was given a warning and fined 10,000 yuan ($1,421) by the CBA for his infraction. Footage distributed online showed the […]

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