Anura Kumara Dissanayake

Sri Lanka’s National People’s Power Coalition Surges to Victory in Snap Election

In Sri Lankan politics, President Anura Kumara Dissanayake’s National People's Power (NPP) coalition claimed a decisive victory in the country’s snap general election, securing a majority in parliament. The win signals a strong mandate for Dissanayake’s policies aimed at lifting...
Asian Stock

Asian Equities Rally Amid Signs of Stabilization in China’s Economy and Dollar Weakness

Asian equities witnessed a notable rally on Friday, buoyed by signs of economic stabilization in China and a retreat in the US dollar. The Hong Kong Hang Seng and Australia’s S&P/ASX 200 advanced on data indicating the highest growth in...
China Economic

China’s Economy Shows Signs of Stabilization Amid Stimulus Measures

China’s economy displayed signs of stabilization last month, supported by a resurgence in retail sales growth, which reached its highest level in eight months. The uptick suggests that the latest round of economic stimulus policies introduced by Beijing may be...
China Economic

China’s Economic Growth Slows Despite Policy Support, as Retail Sales Surpass Expectations

China’s economic landscape in October presented a mixed picture, underscoring the world’s second-largest economy's persistent struggle to gain momentum despite the government’s recent wave of support measures. Industrial output growth decelerated slightly while retail sales growth, buoyed by shopping festivals...
LG Display

LG Display Secures $1 Billion Investment License in Vietnam to Expand OLED Production in Haiphong

In a landmark move set to deepen economic ties between Vietnam and South Korea, LG Display has been granted an investment license by Vietnamese authorities to increase its investment in the Haiphong Economic Zone by $1 billion. This new inflow...
US department of the treasury

US Treasury Adds South Korea to Currency Monitoring List, Maintains Close Watch on China, Japan, and Germany

The U.S. Department of the Treasury has added South Korea to its "monitoring list" of trading partners, scrutinizing their foreign exchange practices amid broader concerns regarding currency manipulation and international trade fairness. This latest move comes as part of the...
Japanese Markets

Japan’s Economy Posts Modest Growth Amid Consumer Resilience and Export Gains

Japan’s economy managed to post a modest annual growth rate of 0.9% for the July-September period, as consumer spending held steady, government data revealed on Friday. Despite global economic uncertainties and domestic challenges, the world’s fourth-largest economy recorded a 0.2%...
Thai Military

Human Rights Organization Alleges Torture and Killing of Myanmar Migrant by Thai Military

In a grave accusation, Fortify Rights, a human rights organization, claimed on Thursday that members of the Thai military tortured and killed a Myanmar man earlier this year in a border district between Thailand and Myanmar. This incident has cast...
Elderly Tourist Killed, Four Others Injured in Taiwan Walkway Collapse Near Fumei Suspension Bridge

Elderly Tourist Killed, Four Others Injured in Taiwan Walkway Collapse Near Fumei Suspension Bridge

A tragic accident occurred on Wednesday, November 13, in Chiayi's scenic Alishan Township, where an elderly tourist was killed and four others were injured following the collapse of a wooden walkway leading to the popular Fumei Suspension Bridge. According to...
Mitsubishi Conduct Maiden Flight of AI-Equipped Unmanned Aircraft

A Leap in Japan’s Defense AI Research: Mitsubishi Conduct Maiden Flight of AI-Equipped Unmanned Aircraft

In a landmark step for Japan's defense technology and artificial intelligence research, Mitsubishi Heavy Industries (MHI) is preparing for the first flight of a pioneering unmanned aerial vehicle (UAV) equipped with artificial intelligence (AI). This experimental aircraft, referred to as...
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