Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, December 21st 2024 - 15:56 UTC

Tag: Asia

  • Tuesday, June 12th 2018 - 08:32 UTC

    US opens new US$ 250 million de facto embassy in Taipei

    The new facility for the American Institute in Taiwan (AIT), US’s de facto embassy in Taiwan, has a cost of US$ 250 million, and will open formally later this year.

    While the world watches the summit between president Donald Trump and Kim Jong Un unfold, another significant event will take place elsewhere in Asia. On June 12 in Taipei, Taiwan and the US will jointly mark the establishment of a new facility for the American Institute in Taiwan (AIT), the US’s de facto embassy in the country. Politicians from both nations are attending a ceremony to commemorate the US$ 250 million complex, which will open formally later this year.

  • Monday, June 4th 2018 - 08:22 UTC

    Pilot whale dies in Thailand after swallowing eighty plastic bags

    The bags, weighing about 8kg, had made it impossible for the whale to eat food, a marine expert said.

    A pilot whale has died off southern Thailand after swallowing 80 plastic bags, Thai marine officials say. The whale vomited five bags during a vain attempt by conservation officials to save it in a canal in Songkhla province.

  • Thursday, May 31st 2018 - 08:20 UTC

    Japanese whale hunt slaughters 122 pregnant minke whales

    The latest figures show that of 333 minke Antarctic whales killed last summer, 181 were females. Some 122 females, or 67%, were pregnant.

    More than 120 pregnant whales were slaughtered in the latest Japanese whale hunt in Antarctica's Southern Ocean, new documents show, reigniting calls to step up efforts to stop the annual killing spree. A further 114 immature whales were killed as part of the so-called “scientific” whaling program, according to meeting papers from the International Whaling Commission's scientific committee meeting this month.

  • Thursday, May 31st 2018 - 08:12 UTC

    Fed proposes simplifying trading rules for foreign banks and funds

    The Fed alongside other U.S. regulators, proposed rewriting the “Volcker Rule” introduced following the 2007-09 financial crisis

    Foreign banks and funds are set to benefit from a move by U.S. regulators to simplify a trading rule that foreign banks and regulators say has inadvertently complicated firms operating as far afield as Europe and Asia. The Federal Reserve, alongside other U.S. regulators, on Wednesday proposed rewriting the “Volcker Rule” introduced following the 2007-2009 financial crisis in a bid to simplify the regulation and make it easier for banks to comply.

  • Wednesday, May 30th 2018 - 08:43 UTC

    Argentina set to expand fresh beef exports to Japan and China

    Minister Etchevehere said Argentina prides itself on the quality of its beef, and aims to carve out a significant portion of the Japanese market.

    Argentina is set to expand fresh beef exports to Asia, with Japan and China having already approved import deals, the country's agriculture minister said. Luis Miguel Etchevehere in Tokyo said that Argentina has signed a deal with the Japanese government under which Tokyo will authorize imports of fresh beef from Argentina by late July. His country has also inked a beef export agreement with Beijing.

  • Tuesday, April 10th 2018 - 08:34 UTC

    China's Xi considers lowering import tariffs and duties

    Xi's address at the Boao Forum for Asia, (“Asian Davos”) — comes amid escalating trade tensions between China and the U.S.

    Chinese President Xi Jinping discussed plans to further open up the Chinese economy during a Tuesday address. Those measures included “significantly” lowering import tariffs for autos, decreasing duties on other products, enforcing the legal intellectual property of foreign firms and improving the investment environment for international companies.

  • Tuesday, March 6th 2018 - 09:46 UTC

    China increases its military budget 8.1% to US$ 175bn; regional powers “nervous”

    “Faced with profound changes in the national security environment, we must treat the Party’s goal of building a stronger armed forces for the new era,” said Li.

    China revealed on Monday that it will raise its military budget by US$ 175 billion for the 2018 fiscal year, 8.1% increase that is the largest military spending hike in three years. According to Premier Li Keqiang, the additional funding will “advance all aspects of military training and war preparedness, and firmly and resolvedly safeguard national sovereignty, security, and development interests.”

  • Monday, February 12th 2018 - 12:29 UTC

    Warning of more volatility in Asian Markets

    After a successful 2017, traders are scurrying to the hills this month as a rising inflation have sent borrowing costs surging

    After last week's global rout, Asian markets struggled to hold early gains with analysts warning of further volatility across trading markets.

  • Saturday, February 3rd 2018 - 11:00 UTC

    China pledges support for “Global Britain” and praises the “golden era” in relations

    Speaking at a business summit in Shanghai, May said Britain was keen to help bring Xi’s vision for globalization and a more open Chinese economy to life.

    British Prime Minister Theresa May left China on Friday with deals worth more than 9.3 billion pounds, at the end of a three-day trade mission where President Xi Jinping pledged to upgrade their “golden era” in relations.

  • Wednesday, January 31st 2018 - 09:22 UTC

    Theresa May three-day visit to Beijing to prop post-Brexit trade and her leadership

    Ahead of the trip, May admitted the two countries have had their differences, mainly Chinese steel over-production which has harmed the British steel industry.

    British Prime Minister Theresa May was starting a crucial trade visit to China on Wednesday as she admitted the two countries will not always see eye-to-eye in sensitive areas like steel over-capacity and intellectual property rights.