Tag: politics

Japan to spend $13 bn to boost domestic chip production

TOKYO, Nov 10, 2023 (AFP) – Japan’s government said on Friday that it plans to spend 2 trillion yen ($13 billion) to boost domestic production of strategically important semiconductors and generative AI technology. The planned outlays will include 700 billion yen ($4.6 billion) to support the construction of a Taiwan Semiconductor Manufacturing Company (TSMC) plant in Kumamoto, the firm’s second plant in the southern Japanese region, trade ministry official Motoki Kurita told AFP. TSMC controls […]

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Former President Donald Trump takes stand in civil trial targeting his New York empire

By Andréa BAMBINO NEW YORK, Nov 6, 2023 (AFP) – Donald Trump testified in a New York court on Monday in the civil fraud case threatening to cripple his real estate empire, the first former US president to take the stand as a defendant in more than a century. The 77-year-old Trump, dressed in a dark blue suit and tie with an American flag on his lapel, was sworn in shortly after 10:00 am (1500 […]

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China, Australia can become ‘trusting’ partners, Xi says

By Oliver HOTHAM with Jing Xuan TENG in Shanghai BEIJING, Nov 6, 2023 (AFP) – Chinese leader Xi Jinping told Australian Prime Minister Anthony Albanese Monday that their countries could become “trusting partners”, pledging to work with Canberra on everything from regional security to climate change as the two leaders eased years of tensions that cut billions of dollars in trade. Beijing is Canberra’s biggest trading partner, but relations plummeted in 2020 after Australia’s then-conservative […]

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China urges Myanmar to ‘cooperate’ on border stability

BEIJING, Nov 6, 2023 (AFP) – A senior Chinese diplomat has urged Myanmar to “cooperate” in maintaining stability on their shared border, Beijing said Monday, after armed groups fighting the junta seized a strategic trading outpost. Assistant Foreign Minister Nong Rong visited Myanmar from Friday to Sunday, Beijing said, holding talks with senior junta officials on clashes the UN said have forced 23,000 people from their homes. “Myanmar is called on to cooperate with China […]

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Canada slams China over second ‘unsafe’ aircraft intercept in two weeks

OTTAWA, Nov 3, 2023 (AFP) – Canadian Defense Minister Bill Blair on Friday slammed Chinese fighter jets’ second “significantly unsafe” intercept in two weeks of Canadian aircraft patrolling the Pacific. Blair said at a news conference that a Chinese fighter jet on October 29 twice flew close to a Canadian Cyclone helicopter near the Paracel Islands, in the South China Sea, and on the second flyby fired flares “directly in front” of the helicopter. There […]

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Japan PM announces $113 billion economic stimulus

TOKYO, Nov 2, 2023 (AFP) – Japanese Prime Minister Fumio Kishida announced on Thursday a stimulus package worth $113 billion aimed at easing the pain from inflation. Voters in the world’s third-largest economy have been squeezed by rising prices since the Ukraine war while Kishida’s poll ratings are at their lowest since taking office in 2021. “This package… is expected to total in the lower range of the 17 trillion yen ($113.2 billion) level,” Kishida […]

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Li Keqiang, former Chinese premier who helped steer country through global financial crisis, dies at 68

BEIJING, Oct 27, 2023 (AFP) – Former Chinese premier Li Keqiang has died after suffering a heart attack, state media reported Friday. Li served as premier during President Xi Jinping’s first two five-year terms. Xinhua news agency said Li had a sudden heart attack on Thursday, and had passed away in the early hours of Friday in Shanghai, where he had been resting. He was 68 years old. A career bureaucrat who spoke fluent English, […]

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Hong Kong’s new national security laws could target “soft resistance”

By Xinqi SU and Holmes CHAN HONG KONG, Oct 25, 2023 (AFP) – Hong Kong leader John Lee used his policy address on Wednesday to sound the alarm on the threat of “soft resistance” — a vague term used by Chinese politicians to signal a new chapter in their crackdown against dissent. The phrase has no clear definition nor is it included in the city’s laws, but this week it appeared in a guilty verdict […]

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US auto workers union extends strike to big GM plant

NEW YORK, Oct 24, 2023 (AFP) – The US auto workers union announced Tuesday it has extended its strike to a giant General Motors truck plant, saying the company’s strong profits meant workers should get “their fair share.” The latest United Auto Workers union stoppage, which expands the nearly six-week strike to GM’s Arlington, Texas assembly plant, came hours after GM reported a better than expected $3.1 billion in third-quarter profits earlier Tuesday. The move […]

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China removes defence minister Li Shangfu, ousts ex-FM from cabinet

China on Tuesday removed defence minister Li Shangfu and ousted former foreign minister Qin Gang from its cabinet, state media reported, as part of a major reshuffle of its top leadership. The news comes after months of speculation about China’s cabinet, after Qin was abruptly removed from office without explanation in July, and with Li not having been seen in public for months. Both Qin and Li are believed by experts to have been personally […]

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Japan PM promises focus on ‘economy, economy, economy’

TOKYO, Oct 23, 2023 (AFP) – Japanese Prime Minister Fumio Kishida promised on Monday tax cuts as part of a new economic programme that he hopes will shore up his sagging popularity. Kishida has seen his ratings plummet to the lowest levels since he took office two years ago, and over the weekend his ruling Liberal Democratic Party (LDP) lost a by-election. In a legislative policy address to parliament, Kishida listed his economic achievements and […]

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Republicans fail yet again to pick US House speaker

By Frankie TAGGART WASHINGTON, Oct 20, 2023 (AFP) – A damaging, weeks-long Republican leadership crisis deepened further Friday, leaving the paralyzed US legislature unable to perform even basic functions like funding the government and addressing growing national security concerns. In the 17 days since US House speaker Kevin McCarthy was ousted in a rebellion by right-wing hard-liners from within his own party, no other Republican has been able to muster enough votes to replace him, […]

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