NEW YORK—The Bank of Japan, which widened the trading band for 10-year Japanese government bonds (JGBs) on Tuesday, may have inflicted damage on the dollar against the yen, but Goldman Sachs analysts said there was further room for the greenback to rise. On Tuesday, the dollar plunged as much as 4 percent against the yen,…
US Dollar Likely Has Further Upside Versus Yen Despite BOJ Move: Goldman
December 22, 2022
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Dozens of Prominent Chinese Experts, Celebrities, Officials Die During Recent COVID-19 Outbreak
China, its capital in particular, has been hit hard by the recent wave of COVID-19 that is sweeping the country. After dozens of professors and teachers from top Chinese universities passed away during the past 30 days, four more prominent Chinese figures have been reported to have died in the three days Sunday to Monday,…
‘Silent Majority’ Doubtful About Electric Cars Being the Only Option: Toyota Chief
December 22, 2022
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Akio Toyoda, president of Toyota Motor Corp., has said that automakers pursuing an electric-only agenda does not reflect the market reality because the technology and infrastructure are yet to mature, while a “silent majority” that align with that perspective can’t speak out. “People involved in the auto industry are largely a silent majority,” Toyoda told…
French Serial Killer Charles Sobhraj to Leave Nepal Prison
KATHMANDU, Nepal—Confessed French serial killer Charles Sobhraj, who was convicted and sentenced to life in prison in Nepal, was ordered Wednesday to be released because of poor health, good behavior and having already served most of his sentence. The Supreme Court ruling also said he had to leave the country within the next 15 days…
25 Terrorists Killed in Pakistan Army Raid on Detention Center; One Hostage Dies
PESHAWAR, Pakistan—Pakistan’s security forces killed 25 of 35 Islamist terrorists holed up in a counter-terrorism center in the northwestern city of Bannu, while one hostage and two commandos died in the operation to retake the compound, the army said. Terrorists being held at the center took control of the compound on Sunday after overpowering their…
Massive COVID Surge Across China Sparks Global Concern Over Virus Mutation, Supply Chain Breakdown
December 22, 2022
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Asia & PacificCCP VirusChinaChina Business & EconomyChina Human RightsChinese RegimeCOVID surgeINSIDE CHINAInternational Relationspandemicsocial controlSpecial Topicssupply chainUSUS-China relationsvirus mutationWHOWorld
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As a mass wave of COVID infections sweeps through China, the World Health Organization (WHO) and governments around the world are anxious about the potential emergence of a dangerous new virus variant that could further drag down the global economy. With Beijing now gripped by the virus, the variant has also rapidly spread across China….
South Korea, US Consider Live-Fire Drills Amid North Korea Threats
SEOUL—South Korea and the United States are considering staging their first large-scale joint live-fire demonstration in six years in 2023 amid North Korea’s growing military threats, Seoul’s defense ministry said on Thursday. The drills have been floated as South Korea and the United States discuss preparations for the 70th anniversary of their alliance next year,…
Beijing ‘Police Station’ in New Zealand Linked to Prominent Businessman and United Front
December 21, 2022
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Asia & PacificChinaChinese RegimeInternationalJacinda Ardernoverseas Chinese police service stationsSafeguard DefendersThreat from Communist ChinaUnited Front DepartmentUS-China relationsWorldZhou Jiexiang
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Beijing’s overseas police station in New Zealand has been revealed and linked to a Chinese businessman who has close relations with the nation’s politicians. The “overseas police service station” is located at 115 Great South Road, Epsom, Auckland, which is close to the Chinese consulate in the city and the University of Auckland, according to…
North Korea Vows ‘Decisive Military Step’ Against Japan
North Korea on Tuesday vowed to take a “resolute and decisive military step” against what it calls Japan’s “dangerous choice” to adopt a new national security strategy outlining plans for its military buildup. North Korea’s Ministry of Foreign Affairs said that Japan’s national security strategy formalized a “new line of aggression” that will change the…
Heavy Snowfall Hits Northern Japan, Leaving Hundreds of Vehicles Stranded Overnight
Hundreds of vehicles were stranded on highways in northwestern Japan, and thousands of homes were left without electricity after record-level snowfall since Monday, according to local reports. About 800 cars and trucks were stranded on highways in Kashiwazaki in Niigata prefecture as of 1 a.m. local time on Tuesday. The number dropped to 300 three…
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