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By Soo-hyang Choi SEOUL (Reuters) -South Korea’s incoming President Yoon Suk-yeol picked close adviser Park Jin to be foreign minister among a slew of cabinet nominations on Wednesday, as he readies to face challenges from North Korea’s long-range missile and nuclear activities. Neighbouring Pyongyang looks set to resume testing nuclear weapons for the first time …

S.Korea’s Yoon picks veteran lawmakers as foreign, unification ministers Read More »

By Chris Mfula LUSAKA (Reuters) – China’s government is in the process of consulting internally about Zambia’s international debt restructuring, the southern African country’s treasury secretary said on Tuesday, as it grapples with a $32-billion debt burden that continues to climb. “I went to China myself with the minister of foreign affairs and China indicated …

China ‘coming on board’ with Zambia debt restructuring – Zambia treasury secretary Read More »

(Reuters) -A spike in demand for electric vehicles (EV) in the global markets is encouraging automakers such Tesla Inc, Volkswagen and Stellantis NV to secure raw materials needed for making batteries. Following are some of the deals major automakers have announced with suppliers and miners: TESLA 01-Mar-2022Core Lithium will supply up to 110,000 dry metric tonnes …

Automakers accelerate drive to secure battery raw materials Read More »

By Asif Shahzad ISLAMABAD (Reuters) – Pakistan’s new government is facing the daunting task of managing a stuttering economy with huge deficits, an aide to new Prime Minister Shehbaz Sharif said on Tuesday. Sharif, 70, the younger brother of former premier Nawaz Sharif, was elected as prime minister on Monday followed a week-long constitutional crisis …

Pakistan’s new government facing severe economic challenges, aide says Read More »

By Josh Ye HONG KONG (Reuters) – China lifted a nine-month freeze on gaming licences after companies, including industry leader Tencent, made major adjustments to their business practices and due to the ban’s economic fallout, industry sources and analysts said. The watchdog of the $47 billion video games market, the world’s largest, stopped issuing publishing …

China gaming firms toe the line, paving the way to end licence freeze Read More »

SHANGHAI (Reuters) – China’s market regulator on Tuesday unveiled technical standards for e-cigarettes which will go into effect starting October 1. In a public document, the State Administration for Market Regulation listed the requirements for design, chemical compounds, and the mechanics for e-cigarettes that domestic manufacturers must meet in order to sell their products. The …

China’s market regulator issues national standards for e-cigarettes Read More »