BEIJING, May 10. /TASS/: The Shanghai Cooperation Organization (SCO) is involved in addressing issues concerning regional stability and development; it is not a military bloc and thus cannot be compared to NATO, SCO Secretary General Zhang Ming said on Wednesday.
TOKYO, May 10 (Reuters) - China will be the elephant in the room at this week's meeting of Group of Seven (G7) finance leaders, who will seek to diversify supply chains away from the country -- but also try to get Beijing's cooperation in solving global debt problems.
The conflicting goals come on top of vulnerabilities the G7 rich democracies face due to their heavily reliance on China, which is the world's second-largest economy and the second biggest external holder of U.S. debt.
LABUAN BAJO, Indonesia, May 10 (Reuters) - Southeast Asian leaders meeting in Indonesia called on Wednesday for an immediate end to violence in military-ruled Myanmar, in an effort to create a window for dialogue and the delivery of humanitarian aid as fighting intensifies.
The Association of Southeast Asian Nations (ASEAN) summit was expected to see wrangling over Myanmar's bloody crisis, with patience wearing thin as its junta demonstrates no intent to pursue a peace plan agreed with the regional bloc after it seized power in a 2021 coup.
TOKYO (AP) — Asian shares declined in muted trading Wednesday as investors awaited an upcoming report on inflation in the United States, an important indicator for where interest rates and global growth might go in the coming months.
Japan’s benchmark Nikkei 225 lost 0.5% in morning trading to 29,105.27. Australia’s S&P/ASX 200 inched down nearly 0.1% to 7,257.60. South Korea’s Kospi slipped nearly 0.1% to 2,508.04. Hong Kong’s Hang Seng dipped 0.6% to 19,746.67, while the Shanghai Composite shed 0.9% to 3,326.31.
LABUAN BAJO, Indonesia (AP) — Southeast Asian leaders condemned an armed attack on an aid convoy that the regional group had arranged for displaced people in Myanmar, calling Wednesday for an immediate stop to violence and for the military government to comply with a peace plan.
Leaders of the Association of Southeast Asian Nations convened in the picturesque harbor town of Labuan Bajo in southern Indonesia at the start of a two-day summit. Their host, President Joko Widodo, called for unity amid global economic headwinds and major-power rivalry that’s lashing the region.
BEIJING, May 9 (APP):The foreign ministers of China-Afghanistan-Pakistan reaffirmed their resolve to harness Afghanistan’s potential as a hub for regional connectivity and their commitment to trilateral cooperation and the Belt and Road Initiative (BRI) and jointly expand China-Pakistan Economic Corridor (CPEC) to Afghanistan, Chinese Foreign Ministry Spokesperson, Wang Wenbin said on Tuesday.
The three foreign ministers agreed in this regard during the 5th China-Afghanistan-Pakistan Foreign Ministers’ dialogue held in Islamabad, he said during his regular briefing.
ASTANA, May 9. /TASS/: Kazakhstan’s President Kassym-Jomart Tokayev has held substantive talks with Russian President Vladimir Putin during his working visit to Russia, and the two presidents emphasized the need to develop the partnership even further, Kazakhstan’s presidential spokesman, Ruslan Zheldibay, told reporters on Tuesday.
"During his working visit to the Russian Federation, President Kassym-Jomart Tokayev had a comprehensive conversation with Russian President Vladimir Putin," he said.
They touched upon pressing bilateral issues at the meeting.
JAKARTA, May 9 (NNN-ANTARA) – Indonesia posted foreign exchange reserves of 144.2 billion U.S. dollars at the end of Apr, down from the previous month’s 145.2 billion dollars, according to the central bank, yesterday.
“The payment of the government’s external debt and foreign currency liquidity, in line with anticipation of a religious holiday, were two factors that contributed to the decline in foreign exchange reserves in Apr, 2023,” said Erwin Haryono, executive director of the Communication Department of Bank Indonesia.
BEIJING, May 9 (Reuters) - China's imports contracted sharply in April, while exports rose at a slower pace, reinforcing signs of feeble domestic demand despite the lifting of COVID curbs and heaping pressure on an economy already struggling in the face of cooling global growth.
China's economy grew faster than expected in the first quarter thanks to robust services consumption, but factory output has lagged and the latest trade numbers point to a long road to regaining the pre-pandemic momentum at home.
TOKYO, May 9 (Xinhua) -- Japan's lower house of parliament during a plenary session on Tuesday passed a contentious bill to amend an immigration law allowing authorities to deport foreign nationals who apply for refugee status multiple times.
The controversial revision of the immigration law has been heavily criticized by organizations established to support asylum seekers.
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