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Development asian news

Nikkei staff writer - KENSAKU IHARA - Hong Kong high-rise apartment prices fall as China's rich look abroad - asia.nikkei.com - Japan - China - Hong Kong -  Hong Kong

Hong Kong high-rise apartment prices fall as China's rich look abroad

HONG KONG -- Property prices are falling in Hong Kong, with price cuts spreading for high-rise luxury apartments. The development partly suggests that affluent people in mainland China, who have sent real estate prices in Hong Kong soaring, are turning their investment away from the city to Japan and other overseas destinations.

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Julian Ryall - Can Japan - Can Japan’s space sector reach for the stars after H3 rocket’s successful launch? - scmp.com - Japan - China - Usa

Can Japan’s space sector reach for the stars after H3 rocket’s successful launch?

One of the satellites put into space using the H3 was developed by Canon Electronics, another belonged to a consortium that included Japan Space Systems.

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Clement Tan - Reuters - China boosts property funding with first cut in key loan rate since June - cnbc.com - China -  Beijing

China boosts property funding with first cut in key loan rate since June

China's lenders cut the country's benchmark five-year loan prime rate for the first time since June, extending Beijing's efforts to revive the country's anemic property market.

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China cuts key interest rate in latest move to boost its ailing property sector - apnews.com - China -  Shanghai -  Bangkok

China cuts key interest rate in latest move to boost its ailing property sector

BANGKOK (AP) — China’s central bank announced Tuesday that it cut its 5-year loan prime rate while leaving its 1-year rate unchanged in the latest move to ease pressures on the ailing property market.

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BHP half-year profit beats expectations, inflation impact recedes - cnbc.com - China - Indonesia - India - Australia

BHP half-year profit beats expectations, inflation impact recedes

BHP Group on Tuesday logged first-half underlying profit that slightly beat analyst expectations, buoyed by strong iron ore prices, and said inflationary impacts were receding.

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Jin Yu Young - Park Dan - South Korean Doctors Walk Out, Protesting Plan to Increase Their Ranks - nytimes.com - South Korea - North Korea -  Seoul

South Korean Doctors Walk Out, Protesting Plan to Increase Their Ranks

Hundreds of interns and residents in South Korea walked off the job on Tuesday, disrupting an essential service to protest the government’s plan to address a shortage of doctors by admitting more students to medical school.

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Julian Ryall - ‘Natural’ for Japan to play larger Aukus role amid China threat, but likely not as partner - scmp.com - Japan -  Tokyo - China - Usa -  Beijing - Britain - state Indiana - Australia -  Canberra

‘Natural’ for Japan to play larger Aukus role amid China threat, but likely not as partner

Australia’s defence minister has said Canberra is keen for Tokyo to play a larger role in the development of defence technology under the Aukus security partnership, but he stopped short of suggesting Japan should join a pact that presently brings together Australia, Britain and the United States.

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ROD McGUIRK - Tribal bloodshed shines spotlight on strategically vital Papua New Guinea’s domestic security issues - apnews.com - China - Usa - Australia - Papua New Guinea -  Port Moresby -  Melbourne, Australia

Tribal bloodshed shines spotlight on strategically vital Papua New Guinea’s domestic security issues

MELBOURNE, Australia (AP) — A tribal clash in Papua New Guinea’s remote highlands in which more than 20 people were shot dead on Sunday has put a growing internal security problem under the microscope in the strategically vital South Pacific island nation that has garnered closer military attention from the United States and China.

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