Asia (except ME & Indian SC)

Malaysian court approves North Korean’s extradition to US

KUALA LUMPUR, Dec 13 (NNN-AGENCIES) — A North Korean man is likely to face money-laundering charges in the United States after a Malaysian court approved his extradition Friday, in a case his lawyers claim is politically motivated.

Mun Chol Myong has denied FBI claims that he led a criminal group that violated sanctions by supplying luxury goods to his isolated homeland and laundered funds through front companies.

S. Korea, U.S. to hold talks over upkeep cost-sharing for USFK

SEOUL, Dec. 13 (Xinhua) -- Negotiators from South Korea and the United States will hold talks in Seoul next week over the sharing of the upkeep cost for the U.S. Forces Korea (USFK), South Korea's foreign ministry said Friday.

The fifth round of negotiations for the 11th Special Measures Agreement (SMA), a South Korea-U.S. accord to share defense cost for about 28,500 U.S. troops stationed here, was scheduled to be held in Seoul from Dec. 17 to Dec. 18.

The latest negotiation was held in Washington earlier this month.

Tokyo being billed as ‘Recovery Olympics’ -- but not for all

FUTABA, Japan (AP) — The torch relay for the Tokyo Olympics will kick off in Fukushima, the northern prefecture devastated almost nine years ago by an earthquake, tsunami and the subsequent meltdown of three nuclear reactors.

They’ll also play Olympic baseball and softball next year in one part of Fukushima, allowing Tokyo organizers and the Japanese government to label these games the “Recovery Olympics.” The symbolism recalls the 1964 Tokyo Olympics, which showcased Japan’s reemergence just 19 years after World War II.

Hong Kong police slip on banana peel with tear gas tweet

HONG KONG (AP) — Hong Kong’s much-maligned police force has slipped on a banana peel by trying to make light of its liberal use of tear gas during the territory’s protest movement.

Mimicking an artist who duct-taped a banana to a wall, the force tweeted a photo of a canister similarly taped, with the words: “Say NO to violence. Let’s leave the tear gas cartridge on the wall forever.”

China leaders promise to shore up 2020 growth amid trade war

BEIJING (AP) — China’s leaders are promising to shore up economic growth next year in the face of a tariff war with Washington and to reduce poverty and pollution.

Leaders of the ruling Communist Party, in a statement reported Friday by state media, pledged at an annual planning meeting to promote technology-based development and competition by opening the state-dominated economy wider.

Malaysia: Anwar ready to give statement to police over alleged sexual assault

KUALA LUMPUR, Dec 11 (NNN-BERNAMA) — PKR president Datuk Seri Anwar Ibrahim said he is ready to give his statement to the police to assist in the investigation into allegations of sexual misconduct against him.

“In light of the latest allegations against me, I would like to thank the police for expediting their investigation.

“I would like to stress that I am ready to give my statement to the police as soon as possible to facilitate investigation on the matter,” he said in a statement today.

China expects tourism shift from U.S., Australia to Asia for Lunar New Year

BEIJING (Reuters) - China’s aviation regulator said on Thursday it expected a decline in airline capacity and bookings to the United States and Australia over the Lunar New Year period for the first time in nearly four years due to a shift in tourist destinations.

Japan, Thailand and South Korea will rank among the most popular destinations for Chinese travelers for the holiday period early next year, Civil Aviation Authority of China (CAAC) official Yu Biao told reporters at a monthly briefing.

Oil prices rise on OPEC deficit forecast

TOKYO (Reuters) - Oil prices rose on Thursday, recouping some of the losses from the previous session that followed a surprise increase in U.S. crude inventories, as the market mood switched to relief after OPEC forecast a supply deficit next year.

Brent futures LCOc1 rose 28 cents, or 0.4% to $64.00 a barrel, after skidding 1% on Wednesday on the U.S. stocks build-up.

West Texas Intermediate crude CLc1 was up 12 cents, or 0.2%, at $58.88 a barrel, following a 0.8% drop the previous session.

China's aviation regulator raised concerns with Boeing on 737 MAX design changes

BEIJING (Reuters) - China’s aviation regulator raised “important concerns” with Boeing Co (BA.N) on the reliability and security of design changes to the grounded 737 MAX, it said on Thursday, but declined to comment on when the plane might fly again in China.

China is reviewing the airworthiness of the plane based on proposed changes to software and flight control systems according to a bilateral agreement with the United States, Civil Aviation Administration of China (CAAC) spokesman Liu Luxu told reporters at a monthly briefing.

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