Asia (except ME & Indian SC)

China asks state firms to halt purchases of U.S. soybeans, pork, say sources

BEIJING (Reuters) - China has asked its state-owned firms to halt purchases of soybeans and pork from the United States, two people familiar with the matter said, after Washington said it would eliminate special U.S. treatment for Hong Kong to punish Beijing.

China could expand the order to include additional U.S. farm goods if Washington took further action, the people said.

Nov 18 set for Anwar’s appeal against striking out sodomy conviction suit

PUTRAJAYA, June 1 (NNN-BERNAMA) — The Court of Appeal has fixed Nov 18 to hear Datuk Seri Anwar Ibrahim’s appeal against a High Court’s decision which struck out his originating summons relating to his conviction for sodomising his former aide Mohd Saiful Bukhari Azlan.

His counsel J. Leela, when contacted, said the matter came up for case management before deputy registrar Nik Serene Nik Hashim today.

Singapore secured about S$13 billion in investment commitments in first 4 months of 2020

SINGAPORE, June 1 (NNN-CNA) — Despite the COVID-19 outbreak, the Economic Development Board (EDB) has in the first four months of this year secured about S$13 billion in investment commitments for the “next few years”, Trade and Industry Minister Chan Chun Sing said. 

This “very good performance” means Singapore has exceeded the S$8 billion to S$10 billion which had been projected for the whole of 2020. 

Time to invest in India’s northeastern states, M’sian SMEs told

KUALA LUMPUR, June 1 (NNN-BERNAMA) — Malaysian small and medium-sized enterprises (SMEs) should consider investing in the agricultural, tourism and services sectors in India’s northeastern states as the country is gradually opening up its economy in the wake of COVID-19 pandemic, says the co-chairman of the Asean-India Business Council (AIBC) Datuk Ramesh Kodammal.

Hong Kong fearless of foreign sanctions, threats: Hong Kong SAR gov't official

HONG KONG, May 31 (Xinhua) -- It is against international law and practice for the United States to use unilateral sanctions as a threat to interfere in the policies of other countries and regions, Matthew Cheung, chief secretary for administration of China's Hong Kong Special Administrative Region (SAR) government wrote Sunday.

Asian stocks rebound after Trump avoids reigniting trade war

BEIJING (AP) — Asian stock markets rebounded Monday after President Donald Trump avoided reigniting a trade war with China amid tension over Hong Kong and the coronavirus pandemic.

Hong Kong’s benchmark gained more than 3% and Shanghai and Tokyo rose more than 1%.

Global markets sank Friday as investors waited for Trump’s response to Beijing’s security law on Hong Kong. In the end, Trump ended Hong Kong’s special trade status and suspended visas of some Chinese students but avoided pulling out of a truce in a tariff war with Beijing that weighs on global growth.

Chinese-made coronavirus vaccine may appear in market by 2020 end

BEIJING, May 31 (APP): A Chinese-made coronavirus vaccine may appear in the market at the end of 2020 or the beginning of 2021, according to China’s State-owned Assets Supervision and Administration Commission (SASAC).

The inactivated vaccine is being researched and developed by Sinopharm’s subsidiary company, Wuhan Institute of Biological Products and Beijing Institute of Biological Products.

So far, over 2,000 people have received vaccines injections and data show that both of its safety and effectiveness have been fully verified, China Economic Net reported on Sunday.

Uzbekistan Announces Tender For Construction Of Three New Hydro-power Plants

TASHKENT, May 31 (NNN-AGENCIES) – Uzbekistan’s Energy Ministry, announced invitation to bid for the design and construction of three hydro-power plants in southern Kashkadaria region, with support from the Asian Development Bank (ADB), the ministry said, Saturday.

Uzbekistan received funding from the ADB for the Sustainable Hydro-power Project, under which Rabat, Chappasuy and Tamshush hydro-power plants on the Aksu River will be built, according to the ministry.

Myanmar: All Gov’t Staff To Return To Work From Tomorrow

YANGON, May 31 (NNN-MNA) – The Myanmar government has ordered all staff to return to work as usual, starting tomorrow, a government official told a press briefing on Saturday.

“Due to the COVID-19 outbreak, the government ordered half of the staff to stay at home in recent months,” said Zaw Htay, spokesperson of the President’s Office.

The offices must follow the health measures issued by the Ministry of Health and Sports, he said.

Meanwhile, basic education schools will be reopened in mid-July.

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