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BEIJING (Reuters) – China’s central bank and top banking regulator said on Tuesday they will increase financial backing for the domestic demand and supply system to support the economy, while ensuring steady and orderly financing to the property sector. The People’s Bank of China and the China Banking and Insurance Regulatory Commission said major banks …

China central bank to increase financial support for domestic demand Read More »

TOKYO (Reuters) – China has told travel agencies in Japan that it has stopped issuing new visas for travel, three companies confirmed to Reuters on Tuesday, an apparent response to stricter measures for Chinese arrivals after their country freed up travel. Chinese authorities gave notice that they had stopped issuing all tourist and business visas …

China halts visas for Japanese nationals, travel agencies say Read More »

JAKARTA (Reuters) – Indonesia’s anti-graft agency arrested the outspoken governor of its restive easternmost Papua province on Tuesday, officials said, after accusing him of accepting bribes in return for infrastructure contracts. Lukas Enembe was last week accused by the Corruption Eradication Commission (KPK) of taking 1 billion rupiah ($64,164) from a construction firm for concessions …

Indonesia anti-graft agency arrests Papua governor on bribery charges Read More »

BEIJING (Reuters) – China’s foreign ministry on Tuesday called on relevant countries to base their COVID-19 prevention measures on facts and science. COVID prevention measures should not be discriminatory, and not affect the normal people-to-people exchanges between two countries, China’s foreign ministry spokesperson Wang Wenbin said at a briefing. China has told travel agencies that …

China calls for science-based COVID measures against travellers from China Read More »

By Soo-hyang Choi and Yew Lun Tian SEOUL/BEIJING (Reuters) -The Chinese embassy in South Korea has suspended issuing short-term visas for South Korean visitors, it said on Tuesday, the first retaliatory move against nations imposing COVID-19 curbs on travellers from China. The embassy will adjust the policy subject to the lifting of South Korea’s “discriminatory …

China halts short-term visas in South Korea, first response to COVID curbs Read More »

JAKARTA (Reuters) – Indonesia’s parliament will assess the legal standing of an emergency regulation signed by President Joko Widodo to replace a Job Creation law, the deputy speaker said on Tuesday, as activists called for a protest against the controversial decree. Civil society groups plan to stage a protest later on Tuesday to pressure lawmakers …

Indonesia parliament to discuss fate of emergency job decree Read More »

SYDNEY (Reuters) – China’s ambassador to Australia said on Tuesday Beijing could “notify” Chinese companies to encourage trade between the two countries as bilateral ties improved. Ambassador Xiao Qian also said Australian and Chinese negotiators in Geneva were discussing whether Australia could drop complaints at the World Trade Organisation on Chinese tariffs on wine and …

Beijing can ‘notify’ Chinese companies to step up trade with Australia -ambassador Read More »

(Reuters) – Pfizer Inc is working with Chinese authorities to send its COVID-19 pill, Paxlovid, to the country that is dealing with a surge in COVID-19 cases, Chief Executive Officer Albert Bourla said in an interview with CNBC on Monday. In February last year, China approved Paxlovid to treat high-risk patients in several provinces. The …

Pfizer working to send COVID pill Paxlovid to China – CNBC Read More »