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Former China central bank official jailed for 16 years for graft – Caixin

BEIJING (Reuters) – A former Chinese central bank official has been sentenced to 16 years and six months in prison for taking bribes, leaking state secrets and insider trading as the ruling Communist Party tightens its grip on the financial sector. Sun Guofeng, former head of the bank’s monetary policy department, used his position to …

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Sources say China pressured Taiwanese band before vote, Beijing denies

By Yimou Lee TAIPEI (Reuters) -China pressured a popular Taiwanese rock band to make pro-China comments ahead of Taiwan’s key elections next month, according to sources with knowledge of the situation and a Taiwan security note, but Beijing denied doing so. China’s National Radio and Television Administration asked the band Mayday to publicly voice support …

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Mistaken cutting of power caused Nepal plane crash that killed 72 – report

By Gopal Sharma KATHMANDU (Reuters) – A Yeti Airlines crash in Nepal that killed 72 people almost a year ago was caused by the pilots mistakenly cutting power leading to an aerodynamic stall, a report issued by a government-appointed investigation panel on Thursday said. The ATR 72, operated by privately owned Yeti Airlines, crashed just …

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Pakistan commission accepts ex-PM Sharif’s nomination for February poll

ISLAMABAD (Reuters) – Pakistan’s election commission on Thursday accepted former Prime Minister Nawaz Sharif’s nomination for the 2024 elections, weeks after a court overturned two graft convictions, ARY News reported. But Sharif still needs the removal of a life ban on holding any public office to qualify to stand, so it was not immediately clear …

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China’s military lashes out at US after breakthrough talks

By Laurie Chen BEIJING (Reuters) – China’s defence ministry lashed out at the United States on Thursday, a week after their top military officials resumed high-level talks, criticising its continued meddling in the Asia Pacific region and saying it maintained a “Cold War” mindset. Both sides had pledged at the talks to work towards restoration …

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China decries Taiwan for ‘hyping up’ military threat, sends warplanes

By Laurie Chen and Ben Blanchard BEIJING/TAIPEI (Reuters) – China’s defence ministry accused Taiwan’s government on Thursday of deliberately “hyping up” a military threat from China for electoral gain ahead of elections on the island in just over two weeks’ time, but again sent warplanes into the Taiwan Strait. Taiwan’s Jan. 13 presidential and parliamentary …

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China says it won’t turn a blind eye to Philippines’ repeated ‘provocations’

By Laurie Chen BEIJING (Reuters) -China on Thursday said it will not turn a blind eye to repeated “provocations and harassment” by the Philippines, amid heightened tensions over a spate of run-ins in the South China Sea. Manila earlier this month accused the Chinese coastguard and maritime militia of repeatedly firing water cannons at its …

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GCC-South Korea sign free trade deal in boost to Gulf-Asia economic ties

By Rachna Uppal and Ahmed Elimam DUBAI (Reuters) -The Gulf Cooperation Council (GCC) signed a free trade agreement with South Korea on Thursday, its second trade deal this year, as the six-member bloc intensifies efforts to boost investment ties with major economic partners in Asia. South Korea will remove tariffs on almost 90% of all …

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China urges nationals to leave north Myanmar region amid unrest

(Fixes garble in paragraph 5) BEIJING (Reuters) – China’s embassy in Myanmar urged its nationals on Thursday to leave the Laukkai area in Kokang region in northern Myanmar as soon as possible, citing growing security risks. Myanmar’s military has been battling coordinated rebel attacks in the north in its biggest battlefield challenge since the 2021 …

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China urges regional alert as US military steps up forward deployment

BEIJING (Reuters) – China’s defence ministry on Thursday urged the Asia-Pacific to be on high alert as the United States steps up forward military deployment in the region, after reports of a U.S. plan to revive a Pacific airfield that launched atomic bombings of Japan. The Chinese military is paying close attention to moves by …

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