Tag: Asia & Pacific

Japan Agrees to Join Alternative WTO Trade-Dispute Resolution System

Japan has agreed to join an alternative dispute resolution system to the World Trade Organization (WTO) after a prolonged inactivity of the WTO Appellate Body left the country’s dispute cases in limbo. The cabinet approved the decision to participate in the Multi-Party Interim Appeal Arbitration Arrangement (MPIA) on Friday, according to the Japanese Ministry of…


Australia in Talks With Brazil for Agricultural Trade Agreements

Australia and Brazil have launched negotiations for new agricultural trade agreements allowing the import of Australian barley and wheat, the Brazilian Agriculture Ministry said in a statement on Friday. The meeting was held between the Australian ambassador to Brazil, Sophie Davis, and Brazilian Agriculture Minister Carlos Favaro on Wednesday, according to the ministry. The two…


North Korea’s Kim Jong Un Calls for Intensified Drills in Case of ‘Real War’

SEOUL—North Korea’s Kim Jong Un ordered the military to intensify drills to deter and respond to a “real war” if necessary, state media said on Friday, after the leader oversaw a fire assault drill that it said proved the country’s capabilities. North Korea fired a short-range ballistic missile off its west coast on Thursday, South…


Bird Flu Creates Egg Shortages in Japan, Affecting Restaurant Chains, Retailers

Restaurant chain operators and retailers in Japan are struggling to source eggs, according to reports, as the country faces its worst avian influenza outbreak. Teikoku Databank said that at least 18 listed restaurant chain operators in Japan, including McDonald’s Holdings Co., have temporarily stopped selling egg-related menu items as of March 5, Bloomberg reported. Meanwhile,…


US Risks Losing Its Pension Funds in China: Expert

The United States risks losing its pension funds in China as the regime seeks to undermine the economic base of America, warned Gregory Copley, president of the International Strategic Studies Association. Billionaire investor Mark Mobius recently said that the Chinese regime has taken “very significant” action to prevent him from withdrawing capital from Chinese equities…


Bipartisan Senate Bill Aims to Punish Beijing for Forced Organ Harvesting

A bipartisan group of lawmakers in the Senate is aiming to hold the Chinese Communist Party accountable for forcibly harvesting organs from prisoners of conscience. S.761, also dubbed the Stop Forced Organ Harvesting Act, would authorize the State Department to deny or revoke passports and visas to anyone involved in forced organ harvesting. It would…


BOJ Keeps Low Rates as Kuroda Sticks to Script at Swan Song Meeting

TOKYO—The Bank of Japan (BOJ) maintained ultra-low interest rates on Friday and held off making changes to its controversial bond yield control policy, leaving options open ahead of a leadership transition in April. Though widely expected by most analysts, the decision sent the yen and local bond yields tumbling as some investors unwound bets that…


Papua Rebels Release Videos Showing Kidnapped New Zealand Pilot Alive

JAYAPURA, Indonesia—Separatist rebels in Indonesia’s Papua Province released more photos and videos Friday appearing to show the New Zealand pilot they took hostage last month alive. In a video distributed Friday by rebel spokesperson Sebby Sambom, a man wearing a blue jacket is identified as Philip Mark Mehrtens of Christchurch, a pilot for Indonesian aviation…


LIVE NOW: Are China’s Intentions Toward Taiwan Changing? A US Institute of Peace Discussion

The People’s Republic of China (PRC) considers Taiwan part of its territory and has been building military capabilities to force the island to accept unification. In the past few years, PRC has sped up its military process. Is PRC getting ready for a war against Taiwan? In a panel discussion held at 10:00 a.m. ET…


Are China’s Intentions Toward Taiwan Changing? A US Institute of Peace Discussion

The People’s Republic of China (PRC) considers Taiwan part of its territory and has been building military capabilities to force the island to accept unification. In the past few years, PRC has sped up its military process. Is PRC getting ready for a war against Taiwan? In a panel discussion held at 10:00 a.m. ET…