Reuters Asia Top

Japan govt panel recommends broad tax burden for defence budget hike

22 Nov 2022

TOKYO (Reuters) -A Japanese panel of experts advising Prime Minister Fumio Kishida on Tuesday recommended broad tax measures to pay for a defence spending hike and cautioned against raising debt that could expose the nation to international market changes. The recommendations come as Kishida’s administration mulls how to pay for a pledge to “substantially” increase …

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Car bomb kills one, hurts nearly 30 in southern Thailand -police

22 Nov 2022

BANGKOK (Reuters) – At least one person was killed when a car bomb exploded inside a police compound in southern Thailand on Tuesday, a police official said. “It was a car bomb. We are still clearing the area and the number of injured could increase,” said Lieutenant Colonel Niti Suksan, deputy police commissioner of Narathiwat …

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German industry calls for more support to diversify beyond China

22 Nov 2022

BERLIN (Reuters) -One of Germany’s main industry lobby groups called on Monday for more support for industry to diversify trade beyond China, as the government prepares new policies aimed at reducing the economy’s dependence on Beijing. Businesses faced an administrative burden from planned measures such as stress tests and greater scrutiny on investments in China, …

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Analysis-Global financial system needs mosaic of reforms to fund climate needs

21 Nov 2022

By Simon Jessop and Valerie Volcovici SHARM EL-SHEIKH, Egypt (Reuters) – A deal struck at the COP27 climate talks in Egypt calls for an overhaul of the post-World War Two international financial architecture that has guided three generations of development aid but is struggling to fund the needs of a warmer planet. As the impacts …

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Hong Kong leader tests positive for COVID after APEC summit

21 Nov 2022

HONG KONG (Reuters) – Hong Kong’s chief executive, John Lee, has tested positive for COVID-19 after returning from an Asia-Pacific Economic Co-operation (APEC) summit in Bangkok, where he met Chinese President Xi Jinping and other world leaders. The global financial hub has fewer COVID-19 curbs than the rest of China, but it still does not …

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‘Close call’ in shelling near nuclear reactor on Ukraine’s frontline

21 Nov 2022

By Pavel Polityuk KYIV (Reuters) -Ukraine narrowly escaped disaster during fighting at the weekend that rocked Europe’s largest atomic power plant with a barrage of shells, some falling near reactors and damaging a radioactive waste storage building, the U.N. nuclear watchdog said. Russia and Ukraine on Monday traded blame for at least a dozen explosions …

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U.S. calls for U.N. Security Council president’s statement on North Korea missiles

21 Nov 2022

(Reuters) -The United States on Monday called for a United Nations Security Council presidential statement to hold North Korea accountable over its missile tests after Pyongyang launched an intercontinental ballistic missile last week capable of reaching the U.S. mainland. The U.S. ambassador to the United Nations, Linda Thomas-Greenfield said it was vital the 15-member Security …

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Blast in Afghan capital kills two

21 Nov 2022

KABUL (Reuters) – Two people were killed in an explosion that struck a car in the Afghan capital Kabul on Monday, police said. “Two have been killed due to a blast in a Corolla-type car…The identity of those killed is not clear yet,” said Khalid Zadran, spokesperson for Kabul’s Taliban-run police. It was not immediately …

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Kazakh President Tokayev wins re-election with 81.3% of vote

21 Nov 2022

ASTANA (Reuters) -Kazakh President Kassym-Jomart Tokayev, who has openly defied major ally Russia over its invasion of Ukraine, secured a second term in Sunday’s snap election with 81.31% of the vote, the central Asian nation’s electoral commission said on Monday. He had been widely expected to extend his rule over the oil-rich nation by seven …

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