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☆ China to issue $284 billion of sovereign debt this year to help revive economy, sources say
▼ + stars: | 2024-09-26 | by ( ) www.cnbc.com time to read: +1 min

China plans to issue special sovereign bonds worth about 2 trillion yuan ($284.43 billion) this year as part of a fresh fiscal stimulus, said two sources with knowledge of the matter, adding to a string of measures to battle strong deflationary pressures and faltering economic growth. As part of the package, the Ministry of Finance (MOF) plans to issue 1 trillion yuan of special sovereign debt primarily to stimulate consumption amid growing concerns about a stuttering post-COVID economic recovery, said the sources. China also aims to raise another 1 trillion yuan via a separate special sovereign debt issuance and plans to use the proceeds to help local governments tackle their debt problems, the source added. Most of China's fiscal stimulus still goes into investment, but returns are dwindling and the spending has saddled local governments with $13 trillion in debt. China's State Council Information Office, which handles media queries on behalf of the government, and the MOF did not immediately respond to requests for comment.

Organizations: Ministry of Finance, Information Office Locations: China

☆ India wants to become a semiconductor powerhouse, but it can't do it on its own
▼ + stars: | 2024-09-26 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +7 min

Bhatnagar pointed to how Taiwan's Powerchip Semiconductor Manufacturing Corporation will help India's Tata Electronics to build the country's first 12-inch wafer fab in Gujarat. However, analysts said India first needs to learn the ropes before it can compete with the East Asian giant, especially since its semiconductor manufacturing industry is still at a very nascent stage. "India is far behind China in semiconductor manufacturing. Earlier in September, the U.S. Department of State announced it will partner with the India Semiconductor Mission and India's electronics and IT government body to improve the global semiconductor value chain. "We are encouraging [the] semiconductor industry in a big way.

Persons: Narendra Modi, Eri Ikeda, Trendforce, Bhatnagar, Rishi Bhatnagar, Ikeda, Cozying, Biden, Modi, Jensen Huang, Sundar Pichai, Huang, Thomas Caulfield, Lisa Su, Tarun Pathak, CNBC's Tanvir Gill, Goldman Sachs Organizations: Dixon Technologies, Bloomberg, Getty, India, Indian, CNBC, Department of Management Studies, Indian Institute of Technology, Semiconductor Manufacturing Corporation, Tata Electronics, Micron Technology, Devices, Tata Group, East, External, of Engineering, U.S . Department of State, India Semiconductor, Nvidia, Google, Hindustan Times, AMD, Counterpoint, Apple, Counterpoint Research Locations: Uttar Pradesh, India, Indian Institute of Technology Delhi, Taiwan, China, South Korea, U.S, Japan, Gujarat, American, China India, New York, New Delhi, Beijing

☆ Israel sends unidentified bodies to Gaza as Palestinian officials demand answers
▼ + stars: | 2024-09-25 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

CAIRO — Israel returned the bodies on Wednesday of 88 Palestinians killed in its military offensive in the Gaza Strip, which the territory’s health ministry refused to bury before Israel discloses details about who they are and where it killed them. Health officials at Nasser Hospital in Khan Younis refused to receive them and bury them, urging the International Committee of the Red Cross ICRC to seek details from Israel. A Palestinian boy sits on a truck loaded with bodies of dead Palestinians after Israel returned them to Gaza, in Khan Younis, on Wednesday. Mohammed Salem / ReutersThe head of the Hamas-run Gaza government media office said health ministry officials told the driver of the truck to bring the bodies of dead Palestinians back to the Israeli crossing from which he had arrived. Under International Humanitarian Law, those who have died during an armed conflict must be handled with dignity and be properly managed.

Persons: CAIRO — Israel, Khan Younis, Israel, Mohammed Salem, ” Ismail Al, Thawabta, wasn’t, ” Organizations: Health, Nasser Hospital, International Committee, Red, ICRC, Reuters, Humanitarian Law Locations: CAIRO —, Gaza, Khan, Israel

The Chinese military successfully test-fired an intercontinental ballistic missile into the Pacific Ocean on Wednesday, the defense ministry said. The ministry said the test was a routine part of the Rocket Force’s annual military training. “It is in line with international law and international practice and is not directed against any country or target,” it said. This is a developing story. Check back for updates.

Organizations: People’s Liberation Army Rocket Force

☆ China needs more than rate cuts to boost economic growth
▼ + stars: | 2024-09-25 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

Cfoto | Future Publishing | Getty ImagesBEIJING — China's slowing economy needs more than interest rate cuts to boost growth, analysts said. He expects Beijing will likely ramp up fiscal stimulus due to weak growth, despite reluctance so far. "The market is forming a medium to long-term expectation on the U.S. growth rate, the inflation rate. As for Chinese government bonds, Ding said the firm has a "neutral" view and expects the Chinese yields to remain relatively low. He pointed out that monetary easing still requires fiscal stimulus "to achieve the effect of expanding credit and transmitting money to the real economy."

Persons: Larry Hu, That's, Edmund Goh, Yifei Ding, Ding, CF40, Pan Gongsheng, Haizhong Chang, Chang Organizations: China Resources, Getty, BEIJING, People's Bank of China, Macquarie, U.S, of Finance, PBOC, Ministry of Finance, Fitch Locations: China, Nanjing, Jiangsu province, abrdn, Beijing, U.S, Invesco

☆ China fires ICBM into Pacific Ocean in first such public test in decades as regional tensions flare
▼ + stars: | 2024-09-25 | by ( Nectar Gan | ) edition.cnn.com time to read: +2 min

Hong Kong CNN —China says it successfully fired an intercontinental ballistic missile into the Pacific Ocean on Wednesday, a rare public test that comes amid growing tensions with the United States and its regional allies. An ICBM carrying a dummy warhead was launched at 8:44 a.m. Beijing time and fell into a designated area in the high seas of the Pacific Ocean, the Chinese Defense Ministry said in a statement. This is the first time China has publicly announced a successful ICBM test in the Pacific Ocean in more than four decades. In 1980, China celebrated the successful test of its first ICBM, fired into the South Pacific from the Jiuquan Satellite Launch Center in the country’s northwestern desert. China held more than 500 operational nuclear warheads as of 2023 and will probably have over 1,000 warheads by 2030, the Pentagon said in its annual report on Beijing’s military last year.

Persons: China “, ”, Xi Jinping Organizations: Hong Kong CNN, Chinese Defense Ministry, People’s Liberation Army Rocket Force, Xinhua, ” Xinhua, Force, US Defense Department, Pentagon Locations: Hong Kong, China, United States, Beijing, Russia, Japan

☆ Iwao Hakamata: He’s the world’s longest-serving death row inmate. A court ruling may soon clear his name
▼ + stars: | 2024-09-25 | by ( Lex Harvey | ) edition.cnn.com time to read: +7 min

Tokyo CNN —A pair of blood-spattered trousers in a miso tank and an allegedly forced confession helped send Iwao Hakamata to death row more than five decades ago. Now, the world’s longest-serving death row convict has a chance to clear his name. During the retrial, Hakamata’s lawyers argued new information proved his innocence, while prosecutors claimed there was enough evidence to confirm he should be hanged for the crime. And some say it’s one of the reasons why the country should do away with the death penalty. “I’m against the death penalty,” Hideko said.

Persons: Iwao Hakamata, that’s, Hakamata, Hideko, ”, he’s, ” Hideko, “, Machiko Ino Japan, Hiroshi Ichikawa, Ichikawa, Hideyo Ogawa, ” Ogawa, Chiara Sangiorgio, Sangiorgio, “ Iwao, Hakamata “ Organizations: Tokyo CNN, Tokyo High Court, Japan’s, Ministry of Justice, Hakamata, CNN, “, Japan’s Ministry, Justice, exoneration, Amnesty International Locations: Shizuoka, Japan, Tokyo, United States

☆ PVH Corp: China threatens sanctions on Calvin Klein owner over Xinjiang cotton boycott
▼ + stars: | 2024-09-25 | by ( Juliana Liu | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —Beijing says it’s investigating fashion retailer PVH Corp, the owner of Calvin Klein and Tommy Hilfiger, for refusing to source cotton from the Xinjiang region, in a move that could lead to sanctions on an American company with major business interests in China. The ministry said in a statement that New York-based PVH (PVH) is suspected of “violating normal market transaction principles” by boycotting cotton sourced from China’s far western region of Xinjiang. Being banned by China would deal a big blow to PVH, which, like other global fashion firms, sources extensively in the country. Western apparel brands have faced pressure in China over their position on Xinjiang cotton before. In March 2021, Swedish multinational H&M was pulled from major e-commerce stores in China and blocked by several major navigation, review and rating apps.

Persons: Hong Kong CNN —, Calvin Klein, Tommy Hilfiger, Biden, PVH, “, Joe Biden, …, ” Organizations: Hong Kong CNN, Hong Kong CNN — Beijing, PVH Corp, Commerce Ministry, CNN, Chinese Ministry of Commerce, US, State Department Locations: China, Hong Kong, Xinjiang, United States, York, “, Swedish

☆ Japan's largest rice shortage in years is exacerbated by sushi-hungry tourists, weather
▼ + stars: | 2024-09-25 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +1 min

Sushi, onigiri and yakitori don — Japanese rice is a key staple in many of its iconic dishes, but the country is facing its biggest shortfall in decades. Japan has been contending with a rice shortage in recent months due to a mix of bad weather and an increase in tourists, undergirded by the country's restrictive rice policies. Consumers also stockpiled more rice in preparation for Japan's typhoon season and a major earthquake warning, the USDA added. Local media NHK partly attributed the shortage to an influx in tourists pushing up demand for sushi and other rice-based dishes. On top of Japanese preparing for potential natural disasters, the MFAA also attributed the increase in table rice demand to an influx of tourists driving up food service demand.

Organizations: U.S . Department of Agriculture, Consumers, Local, NHK, Ministry of Agriculture, Forestry, Fisheries Locations: Japan, undergirded

“We are the closest we’ve been to spiraling to a regional war” since Hamas’ October 7 attack, one of the officials said. The US assesses that neither Israel nor Hezbollah are interested in a full-scale war, officials said. On Monday, Nasser Kanaani, a spokesman for Iran’s foreign ministry, warned of “dangerous consequences” following Israel’s strikes. Israel has told the US that a full-scale war is not the intent of its strikes, according to an Israeli official. The goal is a diplomatic solution through escalation, the Israeli official said.

Persons: “, Israel, Nasser Kanaani, “ They’ve, Joe Biden’s, ” “, Daniel Hagari, Hagari, ” Hagari, Hassan Nasrallah, Ismail Haniyeh, Masoud Pezeshkian, “ Ismail Haniyeh, ” Pezeshkian, “ Israel Organizations: CNN, Ramat David, State Department, UN, Assembly, Pentagon, General Assembly, Hamas, Israel Defense Forces, Hezbollah Locations: Israel, Lebanon, East, Beirut, Ramat, Haifa, Iran, Tehran, New York, “, Gaza

☆ Images show Russia’s new Sarmat missile suffered major test failure, researchers say
▼ + stars: | 2024-09-24 | by ( ) edition.cnn.com time to read: +4 min

Reuters —Russia appears to have suffered a “catastrophic failure” in a test of its Sarmat missile, a key weapon in the modernization of its nuclear arsenal, according to arms experts who have analyzed satellite images of the launch site. It’s a big hole in the ground,” said Pavel Podvig, an analyst based in Geneva, who runs the Russian Nuclear Forces project. A September 21 satellite image shows a closer view of the launch site after the apparent launch failure. Maxar TechnologiesIISS analyst Wright said a test failure did not necessarily mean that the Sarmat program was in jeopardy. “However, this is the fourth successive test failure of Sarmat which at the very least will push back its already delayed introduction into service even further and at most might raise questions about the program’s viability,” he said.

Persons: Maxar, ”, Pavel Podvig, Timothy Wright, James Acton, Vladimir Putin, Satan, Putin, Sergei Shoigu, Wright, Moscow –, Nikolai Sokov Organizations: Reuters, Plesetsk, Russian Nuclear Forces, International Institute for Strategic Studies, Carnegie Endowment, International Peace, Technologies, SS, Design, Moscow Institute of Thermal Technology Locations: Russia, United States, Europe, Geneva, London, Ukraine, Moscow, Plesetsk, Arkhangelsk, Russian, Soviet

☆ China launches probe into Calvin Klein parent over Xinjiang supply chain ‘disruptions’
▼ + stars: | 2024-09-24 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. BEIJING — China's Ministry of Commerce said Tuesday it was launching a probe into Calvin Klein-parent PVH Group over alleged business disruptions around its Xinjiang supply chain. China's Commerce Ministry on Tuesday did not state why it was probing PVH now, but said the U.S. retail group had 30 days to respond. U.S. defense companies that previously landed on the "unreliable entities" list are barred from China-related imports or exports. PVH did not immediately respond to a CNBC request for comment outside of U.S. business hours.

Persons: Calvin Klein, PVH Organizations: Bund, BEIJING — China's Ministry of Commerce, PVH Group, Huawei, U.S . Commerce, U.S, The U.S . Commerce Department, Monday, China's Commerce, CNBC Locations: Shanghai, China, BEIJING, Xinjiang, Russia, U.S

☆ Adoption fraud was widespread for many South Koreans adopted into Western countries, AP finds
▼ + stars: | 2024-09-23 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +22 min

SEOUL, South Korea (AP) — As the plane descended into Seoul, Robert Calabretta swaddled himself in a blanket, his knees tucked into his chest like a baby in the womb. The South Korean government has accepted a fact-finding commission under pressure from adoptees, and hundreds have submitted their cases for review. Western governments turned a blind eye, sometimes even pressuring South Korea for children, while promoting the narrative that they were saving orphans with no other options. Robert Calabretta, right, and his biological father, Lee Sung-soo, during a visit in Daegu, South Korea, in August 2020. Laurie Bender was approached by a strange woman while playing in the front yard in South Korea in 1975.

Persons: Robert Calabretta swaddled, they’d, “, ”, —, doesn’t, Robert Calabretta, Lee Sung, Calabretta, “ You’re, Patricia Nye, ” Nye, Holt, weren’t, ” Michaela Dietz, Robyn Joy Park, Rae, hasn't, Jae, Lee, ” Lee, Lee Moo, wasn’t, David Goldman, she’d, Laurie Bender, Bender, Han Tae, Philsik Shin, Helen Noh, Noh, ” Noh, he’d, Susan Soonkeum Cox, Kim Jin Sook, Francis Carlin, ” Carlin, …, Carlin, ” Bender, you’ve, Han Organizations: The Associated Press, South, AP, Frontline, International Social Service, University of Minnesota, ISS, BBC, ”, Holt Children’s Services, Eastern Social Welfare Society, Korea Welfare Services, Korea Social Service, Records, Health Ministry, Red Cross Hospital, U.S, Korea’s Anyang University, Seoul’s Soongsil University, Holt International, Catholic Relief Services, South Korean, FRONTLINE, PBS Locations: SEOUL, South Korea, Seoul, United States, South, Western, adoptees, U.S, Australia, Daegu, Korean, West, Korea, Geneva, “, Asia, Europe, North America, Pasadena , Calif, Boryeong, American, New York, ”, Oregon, Holt, Holt Korea

☆ Why Japan's workaholics may not embrace a four-day workweek
▼ + stars: | 2024-09-23 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +2 min

Bloomberg | Bloomberg | Getty ImagesJapan has ramped up its push for companies to adopt a four-day workweek, but those efforts face steep challenges in a country famous for its workaholic culture. The Japanese government recently initiated a "work style reform" campaign aimed at promoting flexible work arrangements, shorter hours and overtime limits. The move marks a more concerted effort after the government first floated support for a shorter workweek in 2021 when lawmakers endorsed the idea. "Being part of a company is almost part of a community, and this results often in longer work hours, not as efficient work hours," he told CNBC. I think that it's going to take time [for the four-day workweek] to penetrate… we're not used to being flexible.

Persons: Tim Craig, Craig, it's, Martin Schulz, karoshi, Hiroshi Ono Organizations: Bloomberg, Getty, Japan, Ministry of Health, Labor, Welfare, Fujitsu, CNBC, Hitotsubashi University Locations: Japan

☆ Record rains bring flooding and landslides to Japan’s quake-stricken region
▼ + stars: | 2024-09-22 | by ( Lex Harvey | ) edition.cnn.com time to read: +2 min

Japan’s weather agency issued its highest emergency warning for Ishikawa prefecture Saturday, urging residents to take extreme precautions in what it said is the heaviest rainfall the region has ever experienced. At least six people are missing, Ishikawa authorities said, and tens of thousands of people have been forced to evacuate, according to NHK. According to the Ministry of Land, Infrastructure, Transport and Tourism, four workers who were doing earthquake restoration work in Wajima city have gone missing. People remove mud to dislodge a car following flooding in Wajima city, Ishikawa prefecture on September 22, 2024. Yuichi Yamazaki/AFP/Getty ImagesA collapsed bridge is seen following heavy rain in Wajima city, Ishikawa prefecture on September 22, 2024.

Persons: Ishikawa, Yuichi Yamazaki, JIJI Press Organizations: CNN, Ishikawa prefecture, NHK, Ministry of Land, Transport, Getty, JIJI Locations: Japan, Suzu, It’s, Noto, Ishikawa, Infrastructure, Tourism, Wajima, Earthquakes, Ishikawa prefecture, AFP

☆ Rare Israeli airstrike in Beirut kills Hezbollah commander and more than a dozen others
▼ + stars: | 2024-09-21 | by ( ) www.cnbc.com time to read: +8 min

Israel launched a rare airstrike that killed a senior Hezbollah military official in a densely populated southern Beirut neighborhood on Friday. The Israeli military did not provide the identities of the other Hezbollah commanders allegedly killed in its strike on the crowded neighborhood just kilometers from downtown Beirut. Israel and Hezbollah have traded fire regularly since Hamas' Oct. 7 assault on southern Israel ignited the Israeli military's devastating offensive in Gaza. The last time Israel hit Beirut was in a July airstrike that killed senior Hezbollah commander Fouad Shukur. After Friday's Israeli airstrike, Hezbollah announced attacks on northern Israel, two of which it said targeted an intelligence base from where it claimed Israel directed assassinations.

Persons: Daniel Hagari, Ibrahim Akil, Yoav Gallant, Akil, Hassan Nasrallah, —, Hussein Harake, Gallant, Israel, pagers, Fouad Shukur, Hagari, Nasrallah Organizations: American University of, American University of Beirut Medical Center, Hezbollah, Radwan Force, Israeli, Jihad, U.S, Embassy, U.S . Marine Corps, U.S . State Department, Lebanon's Health, Beirut's St, Therese Hospital, Gaza, Health Ministry Locations: American University of Beirut, Lebanon, Israel, Beirut, Dahiya, Lebanese, United States, Beirut's, Therese, Gaza, Israel's, Hamas, Gaza City

I said, I think you’re better than Martin Luther King. I think you are Martin Luther King times two.”Given Robinson’s documented history of bombastic comments, King’s oldest child, Martin Luther King III, said in a statement Thursday that he was not surprised by the reported comments allegedly made about his father. “We won’t glorify anyone or anything that comes against the work and the legacy of Dr. King. “It is an affront to the legacy and the ministry of Dr. King, but also to the Black church, and to humankind in general,” Scott said. “I think that what he did as well as what Donald Trump did in calling Mark Robinson ‘Martin Luther King on steroids’ is really a misappropriation of the work that King has done.

Persons: Mark Robinson, Martin Luther King Jr, Robinson, Josh Stein, Michael Lonergan, ” Robinson, King, ”, “ I’m, “ Martin Lucifer Koon, Donald Trump, “ Martin Luther King, “, Mark, Martin Luther King, Martin Luther King III, Arndrea Waters, Stein “, Robinson’s, Bishop Sir Walter Mack of, ” Mack, . King, ” Mycal, Martin Luther King Day, Robert C, Scott, Dr, ” Scott, Mark Robinson ‘ Martin Luther King, Dr . King, Trump, Karoline Leavitt, Biden, Harris, Henry P, Davis II, “ I’ve, ” Davis, Eric Vickers, ” Vickers Organizations: North, CNN, Nazi, Republican Party, NBC, Blacks, Bishop Sir Walter Mack of Union Baptist Church, Baptist, Baptist Grove Church, Saint Paul Baptist Church, NBC News, White, Trump, Facebook, Civil, Baptist Church, Fairfield Baptist Church Locations: North Carolina, Winston, Salem , North Carolina, Baptist Grove, Raleigh, Charlotte, Highland Park, Landover , Maryland, Fairfield, Lithonia, Atlanta, America

☆ China and Japan end dispute over Fukushima water discharge
▼ + stars: | 2024-09-20 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +1 min

BEIJING — China and Japan reached a consensus in August on the discharge of radioactive water from the Fukushima nuclear plant, the Chinese foreign ministry said Friday, bringing to an end a diplomatic dispute that had rumbled on for over two years. Beijing called the release “a major nuclear safety issue with cross-border implications,” when Tokyo started discharging treated radioactive water from the site in August 2023. It also announced a blanket ban on all aquatic products from Japan. But Mao Ning, a Chinese foreign ministry spokesperson, later said that both countries reaching consensus “does not mean that China will immediately resume imports of Japanese aquatic products,” at a regular news conference in Beijing. “We will carry out technical consultations with the Japanese side and gradually resume the import of Japanese aquatic products,” she added.

Persons: ”, Mao Ning, “ Organizations: International Atomic Energy Agency Locations: BEIJING, China, Japan, Beijing, Tokyo

☆ She claimed she aborted her baby at nine months. In this country, there’s no law against that
▼ + stars: | 2024-09-20 | by ( Lex Harvey | Gawon Bae | ) edition.cnn.com time to read: +13 min

Protesters hold placards reading 'Abolish punishment for abortion' as they protest South Korean abortion laws in Gwanghwamun plaza in Seoul on July 7, 2018. efired/iStockphoto/Getty ImagesBy not passing abortion laws, the National Assembly is “not doing its job,” said Cho Hee-kyoung, a law professor at Hongik University in Seoul. Changing attitudes to abortionDespite the country previously having highly restrictive abortion laws, abortion has not historically been the lightning rod in South Korea that it has been in the United States. If overpopulation had once prompted the government to push abortions, South Korea was now dealing with the opposite problem. It is impossible to know the true number of abortions that take place each year in South Korea because the procedure is unregulated.

Persons: haven’t, It’s, Ed Jones, “, ”, Cho Hee, ” Cho, Nayoung, Cho, Jung Yeon, Susanné Seong, “ They’ve, Charlie Neibergall, ” Nayoung, SeongJoon Cho, Yoon Suk, she’d Organizations: Seoul CNN, vlogger, Seoul National Police, South Korean, YouTube, CNN, Getty, National Assembly, Hongik University, country’s Ministry, Justice, Health and Welfare Ministry, Health, Ministry, Welfare Ministry, World Bank, South Korea’s Institute for Health, Social Affairs, Human Rights Watch, Korea, Pharmaceutical Affairs, Supreme, Ministry of Food and Drug Safety, South, Bloomberg, Organization for Economic Cooperation, Development, HRW, Police Locations: Seoul, South Korea, Korean, Gwanghwamun, AFP, South, efired, “, United States, Jusarang, Ames , Iowa, Canadian, Korea

TOKYO — A 10-year-old student at a Japanese school in China died Thursday after being stabbed on the way to school the day before, Japanese officials said, as they demanded that Beijing do more to protect Japanese nationals in the country. Lin said the boy was a Japanese national whose parents are Japanese and Chinese citizens. “Effective measures will continue to be taken to ensure the safety of foreigners in China, including people from Japan,” he said. According to the Chinese Foreign Ministry, the student was stabbed on Wednesday about 220 yards away from the Shenzhen Japanese School in the southern Chinese city of Shenzhen. Flags at Japanese diplomatic missions in mainland China and Hong Kong were lowered on Thursday.

Persons: Fumio Kishida, Kishida, ”, “, Philip Fong, Lin Jian, Lin, Yoko Kamikawa, Kamikawa, ” Arata Yamamoto, Rae Wang Organizations: Washington, Foreign Ministry, Chinese Foreign Ministry, Shenzhen Japanese School, Foreign Affairs, Embassy, Weibo Locations: TOKYO, China, Beijing, Japan, U.S, Japanese, Shenzhen, Mukden, Shenyang, Manchuria, Suzhou, Tokyo, Guangzhou, Hong Kong, Asia, Pacific, Chinese, Jilin

Images of the destroyed pagers showed that they bore stickers from Taiwan-based Gold Apollo, Reuters reported. In a statement, Gold Apollo identified the other company as the Hungary-based BAC. Reached by phone on Wednesday, a spokesperson for Gold Apollo declined to comment further, citing the ongoing investigation. The explosions on Tuesday come amid rising concern that tensions between Israel and Lebanon could spiral into all-out war. Hsu of Gold Apollo said he also felt he had been victimized and was considering filing a lawsuit.

Persons: Hsu Ching, kuang, ” Hsu, ”, “, Mohamed Azakir, Jeanine Hennis, Matthew Miller, Muhammad Mahdi, Ali Ammar, Hsu, Gold Apollo Organizations: Reuters, of Economic Affairs, NBC News, Hamas, . Security, American University of, American University of Beirut Medical Center, U.S . Locations: HONG KONG, Taiwan, Lebanon, Iran, Israel, Europe, New Taipei, Hungary, Beijing, United States, Gaza, Israeli, American University of Beirut, U.S

☆ Japan faces labor shortages and demographic crisis as elderly population hits record high
▼ + stars: | 2024-09-18 | by ( Dylan Butts | Cnbc Brand Studio | ) www.cnbc.com time to read: +1 min

Japan commemorated its "Respect for the Aged Day" earlier this week, with the national holiday underscoring a somewhat problematic fact — the country has a record number of elderly citizens to celebrate. Government data released ahead of the event showed that Japan's population of people aged 65 and over had risen to an all-time high of 36.25 million. A survey from Teikoku Databank last month showed that 51% of companies across sectors in Japan feel there is a shortage of full-time employees. Meanwhile, 2023 saw the number of Japan's workers aged 65 and over rise for a 20th consecutive year to reach a record 9.14 million, Statistics Bureau data showed. Feldman warned that as these elderly workers begin to retire from the workforce, there won't be the same number of young workers stepping up to replace them.

Persons: Robert Feldman, Morgan, Databank, Feldman Organizations: Statistics Bureau, Ministry of Internal Affairs and Communications, Morgan Stanley, Securities Locations: Japan

CNN has attempted to reach BAC through the website that Gold Apollo gave to reporters. Later, the company told Gold Apollo it wished to make its own pagers and asked for the right to use its brand, he added. Taipei has no record of Gold Apollo pagers being shipped to Lebanon, the ministry said in a statement, adding it will continue to investigate. The logo of Taiwanese company Gold Apollo is seen outside its office in New Taipei City on September 18. Hsu founded Gold Apollo with 100 million New Taiwan dollars ($3.1 million) in capital in 1995, according to Taiwan’s corporate registry.

Persons: Hsu Ching, kuang, ” Hsu, “ I’ve, Apollo’s pagers, Hsu, Johnson Lai, Gold Apollo, Gold, ”, Yan Zhao, Hassan Nasrallah, pagers Organizations: New, Hong Kong CNN, New York Times, CNN, Consulting, BAC, Taiwan’s Ministry of Economic Affairs, Getty, Taiwan’s Commonwealth Magazine, FBI Locations: New Taipei City, Hong Kong, Lebanon, Israel, Taiwan, Europe, Budapest, United States, Australia, Taipei, AFP, Iran

Lebanese health officials warned the public to avoid using handheld communication devices on Tuesday after powerful Iran-backed militant and political group Hezbollah said pagers had exploded throughout the country. “The ministry requests all citizens who own wireless communication devices to stay away from them until the truth of what is happening is revealed,” the National News Agency quoted the health ministry as saying. Lebanese Prime Minister Najib Mikati office said ministers were informed of “security incidents” occurring in a number of regions across the country. It was unclear whether the incidents were part of a coordinated attack, which would represent a significant security breach for Hezbollah. News agency Reuters reported that dozens of Hezbollah members were seriously wounded in Lebanon’s south and in the southern suburbs of the country’s capital Beirut.

Persons: pagers, Najib Mikati, Benjamin Netanyahu’s, “ Organizations: Health Emergency, Center of Lebanon’s Ministry of Public Health, National News Agency, Lebanese, Israel, U.S, Reuters Locations: Iran, Lebanese, Lebanon, Lebanon’s, country’s, Beirut, Dahiyeh, Israel’s, “ Israel, Gaza

☆ Ancient remains of Egyptian army barracks and a bronze sword unearthed by archaeologists
▼ + stars: | 2024-09-17 | by ( Issy Ronald | Eyad Kourdi | ) edition.cnn.com time to read: +3 min

CNN —Archaeologists have unearthed the ancient remains of an Egyptian army barracks and the artifacts left there, including a still-shiny bronze sword engraved with the name of King Ramses II in hieroglyphics. According to the ministry, Egypt was enjoying a time of economic prosperity and political stability known as the New Kingdom when the fort was in use. Archaeologists also uncovered necklaces made from carnelian and faience beads – types of semi-precious stones used by the ancient Egyptians – as well as half a bronze ring. Archaeologists uncovered several personal items belonging to the soldiers. Some of the rooms were used to store food, Ayman Ashmawy, head of the Egyptian antiquities sector at the Supreme Council of Antiquities, said, with fragments of large pottery and animal bones still remaining.

Persons: King Ramses II, Ramses II, kohl, Mohammad Ismail Khaled, Ayman Ashmawy Organizations: CNN —, Egypt’s Ministry of Tourism and Antiquities, Egypt Ministry of Tourism, Antiquities, Supreme, of Antiquities Locations: Alexandria, Egypt, New Kingdom

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