KATHMANDU, Nepal—The former leader of communist rebels became Nepal’s new prime minister Sunday with the support from his ex-opponent and other smaller political parties. The announcement was made by the office of President Bidhya Devi Bhandari after the Maoist communist party leader Pushpa Kamal Dahal met her to stake his claim for the prime minister…
Chinese Shareholders Rush to ‘Cash Out’ as CCP Tries to Prevent Capital Flight
News Analysis Guangdong DP Co., Jinke Property Group, and Country Garden Service Holdings all announced massive stock sell-offs in November and December. The Chinese companies are just the latest to announce major sell-offs. Experts speculate that the stock sales are part of an increasing trend by China’s super wealthy to cash out and leave the…
Japan to Extract Rare Earths From Seabed Starting 2024
Japan plans on beginning the extraction of rare earth metals from the region around Minamitorishima Island in 2024 as the country attempts to wean away from depending on China for critical resources. Work on developing extraction technologies for the endeavor will begin next year. The rare earth-rich mud is located on a seafloor at a…
Malaysia Finds Body of Last Person Unaccounted for in Campsite Landslide
KUALA LUMPUR—Rescue teams in Malaysia on Saturday recovered the body of the last person unaccounted for after a landslide that flattened a campsite last week, bringing what is thought to be the final death toll to 31. The landslide occurred in the early hours of Dec. 15 at Batang Kali, a popular hilly area about…
Indonesia Passes New Criminal Code to Ban Communist Propaganda
Indonesia passed a new criminal code this month to ban communist and Marxist-Leninist propaganda. Experts believe that this is part of a general trend of global rejection of the Chinese communist regime. The Indonesian Parliament passed an amendment to the national criminal code on Dec. 6, which stipulates that those who propagate communism and Marxism-Leninism…
Chinese Restaurant Announces Closure as South Korea Probes Covert Chinese Police Station
A Chinese restaurant in South Korea has decided to close operations after reports that it served as a covert Chinese police station allegedly used by Beijing to suppress dissidents overseas. The restaurant, which is located in Gangnam city of Seoul, has denied the allegations. Its official said the eatery will end operations by next month…
Truck Carrying Indian Soldiers Falls Into Gorge, Killing 16
GUWAHATI, India—A truck carrying Indian soldiers skidded down a steep slope into a gorge in India’s remote northeast on Friday, killing at least 16, the army said. Four other soldiers were injured in the accident in Chatten, 100 kilometers (60 miles) north of Gangtok, the Sikkim state capital, it said. The accident occurred when the…
Japan Approves New Policy to Maximize Nuclear Energy Use
Japan’s government approved a new policy on Thursday to maximize nuclear energy use in a major turnaround after the country shut down most of its nuclear reactors in the aftermath of the 2011 Fukushima disaster. The nuclear reactor guidelines were approved by an advisory panel, which is led by Prime Minister Fumio Kishida, Japan Times…
Japan Raises Military Spending to Record Levels as China Threat Looms
Japan’s cabinet approved Friday a record 114.5 trillion yen (around $862 billion) budget for the 2023 fiscal year, with a large portion earmarked for welfare and defense spending amid rising regional security challenges from China. The budget includes 36.9 trillion yen ($277.6 billion) for social security and 6.8 trillion yen ($51 billion) for defense, a…
China Estimates 248 Million People Infected with COVID in 20 Days: Reports
As many as 37 million people are contracting COVID-19 in a single day in China, according to leaked minutes from a meeting of the country’s top health body confirmed by multiple news outlets. In the first 20 days of December, 248 million people—accounting for about 18 percent of the population—were likely to have been infected…
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