Beijing , August 24 (ANI): Owing to the deep recession in China's property market, the inability of ailing property developers to convince homebuyers has left new cracks emerging in China's financial system, setting off fresh worries in Beijing and beyond.Thousands of homebuyers who have been waiting years for developers...
Tokyo Electric Power Co.’s Kashiwazaki-Kariwa nuclear plant in Niigata Prefecture, one of the largest nuclear plants in the world. TEPCO is pushing to restart two reactors there. (Asahi Shimbun file photo)In a major policy shift, Prime Minister Fumio Kishida on Aug. 24 directed a government panel tasked with finding...
LONDON, Aug 24 (Reuters) - Cold winters helped Moscow defeat Napoleon and Hitler. President Vladimir Putin is now betting that sky-rocketing energy prices and possible shortages this winter will persuade Europe to strong arm Ukraine into a truce -- on Russia's terms. That, say two Russian sources familiar with Kremlin...
KYIV, Ukraine : Russian forces Wednesday launched a rocket attack on a Ukrainian train station on the embattled country’s Independence Day, killing 22 people, President Volodymyr Zelenskyy said after warning for days that Moscow might attempt “something particularly cruel” this week.The lethal attack took place in Chaplyne, a town...
Islamabad, August 22: Former Pakistan Prime Minister Imran Khan on Sunday blamed the country’s military establishment for the ongoing crackdown on the Pakistan Tehreek-i-Insaf (PTI) that has escalated tensions in the country and raised the risk of large-scale unrest. “On May 25, when the police used violence against us, I...
Chinese Premier Li Keqiang took a dig at President Xi Jinping and the comments were censored on WeChat. Beijing displayed nuclear-capable missiles during Nancy Pelosi’s visit. Heatwaves and power shortages were observed across China. New unemployment data for July paints a grim picture for the Chinese economy. Chinascope gives...
Fears over the prospect of an invasion from China is twice as high among Australians when compared to the Taiwanese, new research suggests.  An Australian Institute survey of 1,000 people each in Australia and Taiwan found one in 10 Australians believed China would invade their country “soon” compared to one...
The Defense Ministry’s budget requests for fiscal 2023 will include funds to strengthen Japan’s capability to detect and intercept hypersonic missiles, which are more elusive than conventional missiles, government sources said. The project will be one of more than 100 items the ministry is expected to pursue without specifying costs. North...
TOKYO — The U.S. and South Korean militaries began their largest field exercises in five years this week, a step that demonstrates the allies’ hardening line against North Korea but will probably trigger an angry reaction from Pyongyang and ramp up tensions on the peninsula.The summer drills, named Ulchi...
TOKYO – The government is looking to possess more than 1,000 long-range cruise missiles, according to sources. With a Taiwan contingency in mind, the government intends to deploy the missiles mainly from Kyushu to the Nansei island chain. Its aim is to narrow the gap with China, which has deployed a...