Asia (except ME & Indian SC)

Biden vows to stand with SE Asia in defending freedom of seas, democracy

BANDAR SERI BEGAWAN, Oct 27 (Reuters) - President Joe Biden said on Wednesday the United States would stand with Southeast Asian allies in defending freedom of the seas, democracy and human rights and backed efforts to hold the Myanmar junta accountable to its commitments to peace.

Southeast Asia has become a strategic battleground between the United States and China, which controls most of the South China Sea and has turned up military and political pressure on fiercely democratic Taiwan, a self-ruled island it considers its own.

U.S. vaccination rate remains low despite ample vaccine supply: media

SINGAPORE, Oct. 27 (Xinhua) -- Despite being one of the first countries in the world to provide COVID-19 vaccines to its citizens and having an ample supply, the United States has been overtaken by quite a number of countries regarding vaccination rate, local media have said.

The Chinese-language newspaper Lianhe Zaobao published a report on Monday which was initially carried by The New York Times.

Only 57 percent of Americans have been fully vaccinated, according to data tracked by The New York Times, even though the country has more vaccine stocks than it needs.

Future of Taiwan lies in China's complete reunification: spokesperson

BEIJING, Oct. 27 (Xinhua) -- It is an ironclad fact that the future of Taiwan lies in the complete reunification of China, a Chinese mainland spokesperson said Wednesday.

Ma Xiaoguang, a spokesperson for the State Council Taiwan Affairs Office, made the remarks when commenting on the Democratic Progressive Party (DPP) authority's presumptuous claim that the so-called constitutional amendments conform to the trends on the island.

Behind the so-called constitutional amendments lies the DPP authority's malicious intention to seek "Taiwan independence," said Ma.

China to extend tax incentives for overseas investors to attract more foreign investment

BEIJING, Oct. 27 (Xinhua) -- China will extend the preferential tax policy for overseas investors investing in the mainland bond market, as part of its efforts to promote opening-up and attract foreign investment, the State Council's executive meeting chaired by Premier Li Keqiang decided on Wednesday.

Asian stocks fall after Australia inflation accelerates

BEIJING (AP) — Asian stock markets fell Wednesday after Australian inflation increased, highlighting global pressure for prices to rise, while investors looked ahead to U.S. economic growth data due out this week.

Shanghai, Tokyo and Hong Kong all retreated.

Wall Street’s S&P 500 index rose 0.2% on Tuesday to its second high in two days, driven by strong earnings reports by some major companies.

Japan: Defense says American charged in Ghosn pay case not involved

TOKYO (AP) — The defense for former Nissan executive Greg Kelly said Wednesday there was no evidence or motives linking him to alleged under-reporting of his ex-boss Carlos Ghosn’s compensation.

Kelly’s chief defense lawyer, Yoichi Kitamura, said in wrapping up the defense’s arguments that Kelly is innocent and he had no knowledge of the complex calculations over Ghosn’s unpaid remuneration, tabulated and updated by Nissan Motor Co. secretariat official Toshiaki Ohnuma.

China has huge potential market for Pakistani goods: Chinese expert

BEIJING, Oct 26 (APP): China is a huge potential market for Pakistani goods and the country should find ways to continuously expand exports to China to reduce bilateral trade imbalance, said Cheng Xizhong, Visiting Professor at Southwest University of Political Science and Law.

Japan Launches New GPS-Improving Satellite Into Orbit

TOKYO, Oct 26 (NNN-NHK) – Japan today launched a new satellite into orbit, to replace the ageing first quasi-zenith satellite, which has been providing accurate global positioning data for services, such as autonomous driving cars and flying drones.

The new satellite, loaded in an H-2A rocket, was launched at 11:19 a.m. local time today from the Tanegashima Space Centre in Kagoshima Prefecture, south-western Japan.

The launch was initially scheduled for Monday, but was put off due to bad weather.

Senior Chinese, U.S. officials hold video talks over economy, trade issues

BEIJING, Oct. 26 (Xinhua) -- Chinese Vice Premier Liu He, a member of the Political Bureau of the Communist Party of China Central Committee and chief of the Chinese side of the China-U.S. comprehensive economic dialogue, held a video conversation with U.S. Treasury Secretary Janet Yellen on Tuesday morning.

The two sides conducted practical, candid, and constructive exchanges on macroeconomic situation and bilateral and multilateral cooperation.

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