Reuters Asia - Squid Business

Egypt, China stress priority of safety, security of Red Sea navigation -joint statement

DUBAI (Reuters) -Egypt and China are closely following developments in the Red Sea, focusing on the priority of ensuring the safety and security of navigation, the two countries said in a joint statement on Sunday. Both expressed concern over the expansion of the conflict in the region, emphasizing the importance of efforts to stop attacks …

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China calls for an end to attacks on civilian vessels in the Red Sea

BEIJING (Reuters) – China’s Foreign Minister Wang Yi said on Sunday that China called for an end to attacks on and harassment of civilian vessels in the Red Sea. Without mentioning the Houthis committing the attacks, Wang, speaking at a press conference in Cairo after a meeting with Egyptian President Abdel Fattah al-Sisi, repeated a …

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India’s Rahul Gandhi begins second cross-country march to boost opposition ahead of polls

NEW DELHI (Reuters) – India’s main opposition leader Rahul Gandhi on Sunday began a new cross-country march from a troubled northeastern state, aiming to generate political momentum to take on Prime Minister Narendra Modi in general elections due by May. The “Bharat Jodo Nyay Yatra”, or Unite India Justice March, comes weeks after Gandhi’s Congress …

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China regulator vows regulation ‘with teeth and thorns’ to defuse financial risk

By Eduardo Baptista BEIJING (Reuters) – China’s financial regulator plans to increase punishment for financial crimes and speed up the time it takes to prosecute them using regulation it calls “with teeth and thorns”. The National Financial Regulatory Administration (NFRA), established last year to oversee China’s $57 trillion financial sector, said on Sunday in a …

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India airline Go First’s lenders seek investor bids by Jan 31 -sources

By Siddhi Nayak MUMBAI (Reuters) – Lenders to India’s Go First have set Jan. 31 as the deadline for financial bids to acquire the airline, two banking sources said on Sunday. Go First filed for bankruptcy protection in May but lenders have more recently been considering liquidating the airline after failing to secure new investors. …

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World reactions to Taiwan election

(Reuters) -Following are reactions by some foreign leaders and other officials to the result of Saturday’s election in Taiwan, won by the ruling Democratic Progressive Party’s (DPP) presidential candidate Lai Ching-te. Lai’s party champions Taiwan’s separate identity and rejects China’s territorial claims. CHINA’S TAIWAN AFFAIRS OFFICE China’s Taiwan Affairs Office said Lai’s win would not …

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Former US officials to visit Taiwan for post-election talks

TAIPEI (Reuters) – Two former senior U.S. officials will arrive in Taiwan on Sunday for post-election talks and underscore the U.S. government’s “longstanding interest” in peace across the Taiwan Strait, the de facto U.S. embassy in Taipei said. Lai Ching-te from Taiwan’s ruling Democratic Progressive Party (DPP) won the presidential election on Saturday and will …

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North Korea’s foreign minister to visit Russia – KCNA

SEOUL (Reuters) – North Korea’s Foreign Minister Choe Son Hui will visit Russia from January 15 to 17, North Korea’s state KCNA news agency said on Sunday. Choe’s visit is at the invitation of her Russian counterpart Sergei Lavrov, KCNA said. (Reporting by Ju-min Park; Editing by Michael Perry)

Japan to double budget reserves for earthquake relief – PM Kishida

TOKYO (Reuters) – Japan’s government plans to double budget reserves to 1 trillion yen ($6.9 billion) for earthquake relief in the next fiscal year, Prime Minister Fumio Kishida said on Sunday. Kishida announced the plan after his visit to the northwest Japanese region hit by a powerful earthquake struck earlier this month. ($1 = 144.9000 …

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China’s BYD in talks with Brazil’s Sigma Lithium on supply deal -FT

(Reuters) – Chinese electric car-maker BYD has held talks with Brazil’s Sigma Lithium over a possible supply agreement, joint venture or acquisition, the Financial Times reported on Sunday. BYD met Sigma Chief Executive Ana Cabral Gardner in Sao Paulo last month, BYD’s Brazilian chair, Alexandre Baldy, told the newspaper, but did not give details, citing …

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