Archive for September 4th, 2021

S. Korea seeks to reduce state guaranteed debt to below 10 tln won by 2025

04-Sep-2021 Intellasia | Yonhap | 5:02 AM

South Korea said Friday it plans to reduce outstanding debt guaranteed by the state to below 10 trillion won (US$8.63 billion) by 2025 as part of efforts to enhance fiscal [...] » More

Korea’s foreign reserves hit record high at 463.93 billion USD

04-Sep-2021 Intellasia | Xinhua | 5:02 AM

South Korea’s foreign reserves hit a record high last month, owing to an increased return on investment, central bank data showed Friday. Foreign currency reserves [...] » More

Gathering rules are slightly eased from Monday: PM

04-Sep-2021 Intellasia | Koreaherald | 5:02 AM

Slightly eased social distancing rules will take effect starting Monday to alleviate the difficulties of small-business owners and the self-employed hit hard by the prolonged [...] » More

UN general Assembly: Moon’s next stage for peace efforts?

04-Sep-2021 Intellasia | Koreaherald | 5:02 AM

President Moon Jae-in is weighing whether to attend the UN general Assembly set to be held in New York later this month in his renewed push to resume stalled talks with North [...] » More

1m Moderna doses arrive Thursday

04-Sep-2021 Intellasia | Koreaherald | 5:02 AM

Some 1 million doses of the Moderna coronavirus vaccine arrived Thursday. But concerns remain that if more shipments do not come in on schedule, the nation’s [...] » More

Unification ministry closely watching N. Korea for signs of military parade preparation

Unification ministry closely watching N. Korea for signs of military parade preparation

04-Sep-2021 Intellasia | Yonhap | 5:02 AM

The unification ministry said Friday it will closely watch North Korea for any signs they are preparing a military parade to celebrate major national anniversaries after a [...] » More

China’s Alibaba to invest $15.5 billion for ‘common prosperity’

04-Sep-2021 Intellasia | Reuters | 5:02 AM

China’s Alibaba Group will invest 100 billion yuan ($15.5 billion) by 2025 in support of “common prosperity”, it said, becoming the latest corporate giant [...] » More

Chinese tech stocks log longest win streak in two months as values tempt investors

04-Sep-2021 Intellasia | South China Morning Post | 5:02 AM

Hong Kong stocks advanced for a fourth day as investors drove Chinese technology companies to their longest rising stretches in almost two months as values emerged from [...] » More

China bans men it sees as not masculine enough from TV

04-Sep-2021 Intellasia | AP | 5:02 AM

China’s government banned effeminate men on TV and told broadcasters Thursday to promote “revolutionary culture,” broadening a campaign to tighten control [...] » More

Creditors call back loans to China’s indebted Evergrande: report

04-Sep-2021 Intellasia | AFP | 5:02 AM

Some creditors of heavily indebted Chinese real estate giant Evergrande Group are demanding immediate payback of loans, a report said Friday, days after the company [...] » More

China Bans ‘Effeminate’ Men from TV to Promote ‘Revolutionary Culture’

China Bans ‘Effeminate’ Men from TV to Promote ‘Revolutionary Culture’

04-Sep-2021 Intellasia | News18 | 5:02 AM

China’s government banned “effeminate” men on TV and told broadcasters Thursday to promote “revolutionary culture,” broadening a campaign to [...] » More

China has supplied 1 billion COVID-19 shots to the rest of the world, says official

04-Sep-2021 Intellasia | Reuters | 5:02 AM

China is facing growing difficulties in expanding its mass COVID-19 vaccination drive, but it will continue to inoculate more people and step up the programme of booster [...] » More

China bans reality talent shows to curb behaviours of ‘idol’ fandoms

04-Sep-2021 Intellasia | The Guardian | 5:02 AM

China has banned some reality talent shows and ordered broadcasters not to promote “sissy” men, in the latest attempt to reshape the culture of the [...] » More

China’s August services activity slumps into contraction Caixin PMI

04-Sep-2021 Intellasia | Reuters | 5:02 AM

Activity in China’s services sector slumped into sharp contraction in August, a private survey showed on Friday, as restrictions to curb the COVID-19 Delta variant [...] » More

US blocking Chinese acquisitions of global tech firms a ‘red flag’-Chinese state-backed tabloid

04-Sep-2021 Intellasia | Reuters | 5:02 AM

Chinese state-backed tabloid the Global Times called US efforts to block cross-border acquisitions of tech companies a “red flag” that impedes China’s tech [...] » More