G-7 to ban Russian gold imports, choking key market for Putin
The measure, that was proposed by the US President Biden on June 26 via Twitter, was initially flagged by Britain.
Big Picture
Russia is hours away from its first foreign default in a century
The country tipped very near to such a moment earlier this year, but managed a last-ditch escape by switching payment methods.
Hue Festival 2022 revitalises pandemic-hit tourism industry of Thua Thien Hue
With the reopening of the tourism sector and the year-round activities of Hue Festival 2022, visitors to the province increased sharply in April and May and should continue to…
China’s restaurants going digital to stay afloat
According to a China Hospitality Association survey of 100 F&B companies, 90 percent of the companies saw year-on-year decreases in turnover and 28 percent of them recorded a drop…
Japan’s labour ministry to gather data on foreign workers
According to the ministry, there were approximately 1.727 million foreign workers in Japan as of October 2021, a record high for the ninth consecutive year.
Over 500,000 expats returned home after losing jobs amid Covid-19 pandemic: Minister
The Bangladesh Expatriates' Welfare and Overseas Employment minister also said that a total of 1.05 million female migrant workers were working in 84 countries across the world.
South Korea braces for ‘perfect storm’ in the financial market
The concerns come as the US Federal Reserve’s aggressive rate hikes, a strong dollar trend, high inflation and ongoing global supply chain bottlenecks rattle the Korean market.
The world wants Indonesian rice, but that could prove difficult
Indonesia is the world's third-largest rice producer, after China and India, according to World Economic Forum data from 2019, but the country uses most of its stock to secure…
Japan govt to introduce subsidies to trim farm production costs by 10%
The government is also considering curbing the prices of imported wheat it sells to milling companies in October and later.
Mainland pop culture gains traction among HK youth
A growing number of mainland brands have started branches in the city, while many mainland trends, like online shopping, also impact the lives of Hong Kong residents.