Why 'Asian Era' will be globally embraced
Illustration: Liu Rui/GTThe prelude of an Asian Era has begun. About 100 years ago, Japanese scholar Okakura Tenshin, Indian poet Rabindranath Tagore and Chinese scholar Liang Qichao all called for Asianism. A century has past during which numerous thinkers have conceived of Asia's rise. Now, the Asian Era is coming.The signing of the Regional Comprehensive Economic Partnership (RCEP) on November 15 brought together ASEAN nations, Japan, South Korea, China, Australia and New Zealand into one of the most diverse and populated trade blocks on Earth.It marks a new age for Asian regional cooperati...
Inter Milan suggest new shirt sponsor will be Asian based
Inter Milan chief executive Alessandro Antonello has told Italian business outlet Il Sole 24 Ore that the club's new main shirt sponsor will come from Asia, reports, www.sportspromedia.com/.Inter's search for a new shirt sponsor from the 2021/22 season has dragged on for over a year, with the club looking to secure a lucrative deal.The Serie A outfit have partnered with Pirelli since the 1995/96 campaign in a deal that brings in a reported €10.5 million (US$12.5 million) per year. However, the Inter hierarchy reportedly value the shirt sponsorship at approximately €25 million (US$29.9 million)...
Asian Stocks Down Over Waning COVID-19 Vaccine Optimism
Investing.com -By Gina LeeInvesting.com – Asia Pacific stocks were mostly down on Friday morning, ending the week on a cautious note as investors digested valuations from a record rally in global stocks earlier in the week and a stubborn second wave of COVID-19 cases in the U.S. and Europe.Japan’s Nikkei 225 inched down 0.07% by 10:49 PM ET (2:49 AM GMT). South Korea’s KOSPI inched down 0.06% as the country reported 583 daily cases on Thursday, the first time the number has exceeded 500 since early March.In Australia, the ASX 200 was down 0.63%. China’s Ministry of Commerce said in a statement...
Asian auto sector to make major gains under RCEP
Workers weld at a workshop of an automobile manufacturing enterprise in Qingzhou City, east China's Shandong Province, June 30, 2020. Photo: XinhuaAsia's auto industry is expected to make major gains from the signing of the Regional Comprehensive Economic Partnership (RCEP), with key auto-making countries such as Japan reaping the largest benefits in exports, experts say.Japan and South Korea, known as primary providers of luxury cars and auto parts, are expected enter a large vehicle market like China with the benefit of reduced import tariffs, Song Jin, an independent car analyst, told the G...
Biden reassures Asian allies on defence commitments
Sydney (AFP) - US President-elect Joe Biden rang round allies in Seoul, Sydney and Tokyo Thursday, vowing to repair frayed partnerships and reaffirming mutual-defence pacts thrown in doubt by the current White House.A day after Biden's series of "America is back" calls with European leaders, the former vice president spoke to Australia's Scott Morrison, South Korea's Moon Jae-in and the recently installed Japanese leader Yoshihide Suga.All three men had already congratulated Biden on his recent election victory over Donald Trump, despite the incumbent's refusal to concede.Biden's call with Sug...
500 Asian giant hornets found in nest eradicated last month near Blaine
SEATTLE — State entomologists confirmed Tuesday they discovered more than 500 Asian giant hornets — including nearly 200 queens — in the nest they pulled from a tree last month.The Washington State Department of Agriculture, or WSDA, announced Oct. 23 that one of its teams had found the nest, the first in the United States, inside a tree near Blaine, Whatcom County. A team of WSDA workers set out to destroy it the following day in hopes of preventing the invasive insects from establishing a foothold here and decimating vulnerable bee populations.They initially reported it had 98 hornets inside...
The Seattle Times
Premier League clubs rejecting Asian players due to 'racial stereotypes', claims Kick It Out boss
The chairman of leading football anti-racism charity Kick It Out says Premier League clubs are rejecting chances to sign players from Asian countries, backgrounds or heritages because of "lazy racial stereotypes".Sanjay Bhandari said they had conducted a "strategic review" and had spoken to around 250 people involved in the game, with focus on leading clubs signing young Asian players for their academies.Kick It Out - a charity which aims to improve representation in British football and has supported the FA's new diversity code - is attempting to increase the number of players with Asian heri...
Asian editorial excerpts
Selected editorial excerpts from the Asia-Pacific press:MEETING DEMONSTRATES THE CONFIDENCE, STRATEGIC COMPOSURE OF TOP LEADERSHIP (China Daily, Beijing)With the goals and tasks of the 13th Five-Year Plan (2016-20) accomplished or soon to be concluded and a moderately well-off society in all respects in the process of being realized, China has a firm foundation for the next stage of its development journey and the building of a modern socialist country by 2035.Yet the profound changes and uncertainties in the development environment call for a deep understanding of the risks and challenges tha...
Asian bourses outshine SET on multiple fronts
Asian bourses outshine SET on multiple fronts Foreign investors dash from bahtUncertainty over flaring domestic political turmoil has put pressure on the baht’s value and caused foreign capital outflows, a stark contrast to foreign inflows moving into other emerging Asian stock markets.Several emerging Asian stock markets have outperformed this month because of fund inflows, with the Philippines Stock Exchange index nudging up by 10%, while the Jakarta Composite index gained 5%. Asian bourses averaged a 5% rise, according to Asia Plus Securities (ASP).On the contrary, the Stock Exchange of Tha...
The Bangkok Post
Asian editorial excerpts
Selected editorial excerpts from the Asia-Pacific press:BIG SHOES TO FILL (The Korea Herald, Seoul)Samsung Chairman Lee Kun-hee, who died Sunday at the age of 78, was an innovative businessman who led Samsung to the top of the world.In the second half of the 20th century, South Korea belatedly started industrialization and struggled to catch up with the advanced economies of the West. Products made in Korea were seen in the global market as cheap second- or third-class imitations.When he took the helm of Samsung Group at the age of 45 in November 1987 after his father, the founder of the group...