Jobless rate hits 19-year high in Korea
Rate rises on back of youth unemployment. South Korea’s job market prolonged its downswing in April, with unemployment reaching its highest point in 19 years, government data…
Beijing stresses equality in trade talks with Washington
World market confidence dampened by escalation, Chinese state media says. Consultations between China and the United States are not a one-way street, and should be conducted amid…
South Korea jobless rate rises to 4.4% in April
Weak job markets and uncertain macroeconomics have contributed to increased unemployment. South Korea’s jobless rate rose to 4.4 percent in April, government data showed…
Beijing vows retaliation on US trade
Ministry expresses ‘deep regrets’ in wake of added tariffs on Chinese goods. The Ministry of Commerce expressed “deep regrets” on Friday at the United…
Pakistan reaches agreement with IMF
The country will receive $6 billion over 3 years. The technical teams of the government and the International Monetary Fund (IMF) have reached an agreement on a bailout package…
China ‘sincere’ on trade talks
Talks are set to continue in Washington on Friday. Chinese Vice-Premier Liu He said on Thursday that he came to Washington with sincerity to engage in “rational and…
Malaysian PM Mahathir unveils economic plan for all races
The plan was unveiled at the first anniversary of the Pakatan Harapan government. Malaysian Prime Minister Mahathir Mohamad on Thursday (May 9) unveiled a new plan to achieve…
China urges US to meet halfway for trade deal
Foreign Ministry says preparations underway for next round of talks. China’s Ministry of Foreign Affairs urged joint efforts by the United States and China to meet halfway…
Nepal looks to end India dependency for overseas shipping
Much needs to be done before Nepal can end its complete dependency on India for third-country trade. The signing of the Protocol on Implementing Agreement on Transit and Transport…
Jho Low stole and lost billions
According to Malaysian Prime Minister Mahathir Mohammed, much of the money came from 1MDB. We have evidence of fugitive Malaysian financier Low Taek Jho (pic) enriching himself…