Adani Group to invest $10 billion in US energy, infrastructure projects

SEOUL, November 14 (AJP) - India's conglomerate Adani Group plans to invest $10 billion in energy and infrastructure projects in the United States to strengthen the strategic business relationship between the two countries. Adani Group's Chairman Gautam Adani posted on X (formerly Twitter) that the group is "committed to leveraging its global expertise" and will invest in projects in the U.S. that are expected to create 15,000 jobs. This U.S. investment comes af

November 14, 2024

Philippines hit by unprecedented five typhoons in a month, more storms approaching

SEOUL, November 14 (AJP) - The Philippines faces an unprecedented series of typhoons, with four storms currently active in the Western Pacific region, as Typhoon Usagi approaches landfall in Cagayan province on Thursday, following typhoons Jami, Kongrey, Inching, and Doraji since late October, according to news reports. The Japan Meteorological Agency said this marks the first time since record-keeping began in 1951 that four typhoons have simultaneously operated in the region durin

November 14, 2024

Singapore proposes landmark law to block scam victims' bank transactions

SEOUL, November 14 (AJP) - Singapore has introduced a first-of-its-kind anti-scam bill to parliament that would grant police powers to restrict banking transactions of individuals likely to transfer money to suspected scammers, even when victims insist on proceeding despite warnings. Under the proposed law, police can issue restriction orders lasting up to 30 days, renewable five times for a maximum of six months, to block transfers, ATM access, and other account transactions, while

November 14, 2024

Japan blocks nuclear reactor restart over seismic safety concerns

SEOUL, November 14 (AJP) - Japan's nuclear regulator rejected the restart application for a nuclear reactor in central Japan, marking the first denial since the country overhauled its atomic power safety standards following the 2011 Fukushima disaster. The Nuclear Regulation Authority (NRA) concluded that the No. 2 reactor at the Tsuruga power station, operated by Japan Atomic Power Co., failed to meet safety requirements due to concerns about an active fault line running beneat

November 14, 2024

China welcomes foreign-invested firms to expand mutually beneficial cooperation

SEOUL, November 14 (AJP) - China is enhancing its openness in the financial sector and welcomes foreign-invested firms to strengthen mutually beneficial cooperation, Vice Premier He Lifeng said on Tuesday in Beijing. While meeting with Invesco's CEO Andrew Schlossberg, he highlighted China's progress in capital market reforms. He said the country is steadily expanding its financial sector's institutional openness and aims to provide high-quality financial services to sup

November 14, 2024

Monthlong Dubai shopping festival to return with iconic displays next month

SEOUL, November 14 (AJP) - Dubai Shopping Festival is returning next month, marking its 30th anniversary with 38 days of celebrations featuring fireworks, drone shows, and light displays across the city. Highlights of the festival, which runs from Dec. 6 to Jan. 12 next year, include a major show at Bluewaters Island and The Beach, JBR, with skydiving stunts, pyrotechnics, and drone performances against the backdrop of Ain Dubai. Free drone shows will also run twice daily at this lo

November 14, 2024

China set to launch Tianzhou-8 cargo spacecraft

SEOUL, November 14 (AJP) - The Tianzhou-8 cargo spacecraft and the Long March-7 Y9 rocket were moved to the launch site on Wednesday, China's Manned Space Agency said. The facilities and equipment at the Wenchang Spacecraft Launch Site in China's Hainan Province are in good condition, with pre-launch function checks and joint tests proceeding as scheduled, according to the agency. The spacecraft carries supplies for the Shenzhou-19 and Shenzhou-20 crews, including packag

November 14, 2024

OPINION: What Trump's reelection means for relations between regional rivals China and Japan

SEOUL, November 14 (AJP) - Donald Trump was declared the winner of the U.S. presidential election on Nov. 6, sealing a historic and improbable return to the White House. His reelection has triggered speculation as to the state of world affairs once he assumes office in January. One of the relationships most speculated on is between the U.S. and China. Trump waged a trade war against China during his first term as president and has now promised higher tariffs on Chinese goods –

November 14, 2024

China taps vice UN representative as ambassador to Seoul: sources

SEOUL, November 13 (AJP) -- China has nominated Dai Bing, currently the deputy permanent representative to the United Nations, as its new ambassador to South Korea, diplomatic sources said Wednesday. The Chinese government is reportedly in the final stages of review before officially announcing Dai's appointment to the position, which has been vacant for over three months. Beijing is expected to request agrement from Seoul as early as this week, the sources said. If approv

November 13, 2024

PHOTOS: Students protest co-ed proposal at Dongduk Women's University

SEOUL, November 13 (AJP) - Students at Dongduk Women's University boycotted classes for a third day Wednesday over possible plans to admit male students. The university administration said no decision has been made on becoming co-educational and promised to consult with current students.

November 13, 2024