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TOKYO (Reuters) – A senior Japanese ruling party official said on Tuesday a stimulus package could be worth up to 30 trillion yen ($201.33 billion), Kyodo news agency reported. Koichi Hagiuda, the Liberal Democratic Party’s policy chief, made the comment to reporters after a meeting with Prime Minister Fumio Kishida, Kyodo added. Hagiuda last month …

Japan stimulus package could be worth up to 30 trln yen – ruling party official Read More »

HAGONOY, Philippines (Reuters) – In a town in northern Philippines where floods have become a perennial problem, motorcycle taxi drivers have modified their vehicles to keep passengers dry and high above the floodwaters. Motorcycle taxis, a popular form of transport in rural Philippines, have had steel tubes added to the forks of the vehicles, boosting …

Philippines town gives taxis a lift as floods become norm Read More »

By James Pomfret and Clare Jim HONG KONG (Reuters) – Hong Kong leader John Lee will on Wednesday deliver his inaugural policy address that is expected to focus on reviving the city’s credentials as an international business hub and on housing after extended COVID lockdowns and political upheaval. Lee, a former career policeman with limited …

Hong Kong leader aims to bolster prosperity, lure talent in policy address Read More »

By Joyce Lee SEOUL (Reuters) – The announcement by K-pop mega band BTS that members would serve mandatory military service in South Korea has removed a cloud of uncertainty that has hung over their plans. Investors in HYBE Co, BTS’ management group, responded to the news by driving its shares up as much as 7.8% …

Shares in BTS’ management rise after band clears uncertainty over military service Read More »

By Lewis Jackson SYDNEY (Reuters) – Australia and Singapore agreed on Tuesday on a “green economy” deal to boost cooperation on climate investment, financing and technology. Singapore Prime Minister Lee Hsien Loong told a news conference in Canberra that the agreement would start with initiatives such as developing a list of environmental goods and services …

Australia, Singapore sign ‘green economy’ pact Read More »

BRUSSELS (Reuters) – The European Union should recognise China even more as a competitor and reduce its economic dependency, EU foreign policy chief Josep Borrell said on Monday, as the bloc looks to fine-tune relations with Beijing. The European External Action Service, which Borrell heads, said in a five-page paper prepared for foreign ministers meeting …

EU should treat China more as a competitor, says diplomat chief Read More »