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LUANG PRABANG, Laos (AP) — Senior finance and central bank officials from Southeast Asia and major economies met Thursday in the scenic Laotian city of Luang Prabang to discuss ways to help the region build resilience against shocks like the COVID-19 pandemic and natural disasters brought on by climate change.
HANOI -- From Samsung Electronics to LG, South Korean companies have long led foreign direct investment in Vietnam, making the Southeast Asian country a critical manufacturing hub in global supply chains. But they are now being pushed back by Chinese peers, according to the representative of the Korea Chamber of Commerce and Industry (KCCI) in the country.
Derek Grossman is a senior defense analyst at the think tank RAND Corp. in Santa Monica, California, and an adjunct professor in the practice of political science and international relations at the University of Southern California. He formerly served as an intelligence adviser at the Pentagon.
Billionaire hedge fund manager Steve Cohen said Wednesday that it will be difficult for the Federal Reserve to get inflation back down to its 2% goal.
BEIJING — U.S. Treasury Secretary Janet Yellen was scheduled to arrive in China on Thursday ahead of four full days of meetings with Chinese officials.
The East Asian nation hopes to reinforce its reputation as a nation that promotes the rule of law in international disputes and to play a larger role in regional diplomacy, analysts told This Week in Asia.
Hun Sen stepped down in August after nearly four decades of iron-fisted rule, passing the baton to his eldest son Hun Manet following a landslide win in national polls held without any significant opposition parties.
President Volodymyr Zelensky signed a law lowering the draft age from 27 to 25 and eliminated some medical exemptions in an effort to replenish Ukraine’s exhausted army. He also created an electronic database of men, starting at age 17, to crack down on draft dodgers.