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SHANGHAI -- The Chinese Communist Party released on Sunday a lengthy long-term policy blueprint adopted at a meeting of high-level members last week. The closely watched meeting, known as the third plenum, came against the backdrop of slowing economic growth exacerbated by a major downturn in the property sector as well as rising trade tensions with the U.S. and other countries. Here are five takeaways from the plenum.
HO CHI MINH CITY -- Vietnam started the trial Monday of a property and airline mogul accused of stock manipulation worth 723 billion dong ($28 million), part of a national corruption crackdown that has toppled top political and business leaders, including a woman on death row.
MANILA -- Philippine President Ferdinand Marcos Jr. said on Monday that "diplomacy" is the only acceptable way of settling disputes, taking swipe at China's aggression in the South China Sea.
SINGAPORE -- Singapore-based Grab has acquired the Southeast Asian businesses of Chope, a local restaurant reservation platform, as the ride-hailing and food delivery operator seeks to expand its restaurant-related business.
TOKYO -- The chip industry needs more international standards for back-end, or latter-stage, production processes to enable companies like Intel and Taiwan Semiconductor Manufacturing Co. to increase capacity more efficiently.
NEW YORK --The surge of Hong Kong shipments to Russia following Moscow's invasion of Ukraine in 2022 underscores the city's extensive role in helping U.S. adversaries avoid international sanctions, a new analysis published Monday by the Committee for Freedom in Hong Kong Foundation shows.
NEW DELHI -- Indian Prime Minister Narendra Modi, who has been exchanging volleys with the opposition camp regarding the country's employment situation, recently received some ammunition from the central bank, which now estimates India's employment growth rate surged to 6% for the financial year through March, nearly double the 3.2% recorded the previous 12 months.
TAIPEI -- The Alishan Forest Railway, a colonial-era logging network turned scenic passenger route through the mountains of Taiwan, has been restored to full operation for the first time since 2009.