Chinese sales of bad-loan securities jump 46% in 2023
TOKYO -- The sales in China of bond-like securities backed by nonperforming debt held by banks surged by 46% last year, according to data released by the Japanese government Wednesday.
Security asian news
Hong Kong's new security law prompts foreign envoys to lodge concerns
HONG KONG -- Foreign missions in Hong Kong are moving to formally lodge concerns over new national security legislation, particularly vague provisions on state secrets and foreign interference.
Asian lender ADB to raise share of climate loans to 55% by 2030
TOKYO -- The Asian Development Bank intends to allocate 55% of its financing toward addressing climate change by the end of the decade, up from less than 40% now, Nikkei has learned.
Japan should fully lift arms export ban: ex-security chief
TOKYO -- Japan should in principle allow exports of defense equipment as Tokyo faces its "toughest and most complicated" security environment in the postwar era, a former head of the country's National Security Secretariat told Nikkei recently.
Calls grow to name ‘traitor’ politician who ‘sold out’ Australia to a foreign power
In an extraordinary public revelation, Australia’s director general of security Mark Burgess said a spy team from an unnamed country had cultivated and recruited a former Australian politician.
Malaysia keeps eye on ‘status quo’, Beijing trade ties with quiet approach in South China Sea
Malaysia’s low-key response to Chinese coastguard patrols of its exclusive economic zone (EEZ) signals an interest in maintaining economic ties with Beijing and a desire not to “politicise or unilaterally alter the status quo in the region”, analysts have said.
Thursday Briefing: U.N. Warns of Famine in Gaza
At least a quarter of Gaza’s population is “one step away from famine,” a U.N. humanitarian aid official told the Security Council yesterday. Aid groups say that people are so hungry they are resorting to eating leaves, donkey feed and food scraps.
Bitcoin tops US$60,000, approaches all-time high
LONDON: Bitcoin passed the US$60,000 mark on Wednesday (Feb 28) approaching its all-time high and continuing its unbridled rise since the approval of a new type of investment indexed to the cryptocurrency.