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SEOUL -- North Korea conscripts much of its citizenry into a system of forced labor in which they endure harsh, dangerous conditions and are vulnerable to various forms of abuse, according to a United Nations report.
HONG KONG -- HSBC Holdings has promoted Chief Financial Officer Georges Elhedery to group CEO, with the change due to take effect Sept. 2.
MANILA -- The Philippines and China are working on an agreement to allow direct lines of communication between their leaders, foreign ministries and coast guards as tensions rise in the South China Sea, according to a document seen by Nikkei Asia.
BEIJING -- China and Russia have stepped up joint military activities in the South China Sea in response to deepening cooperation in the region by Japan, the U.S. and the Philippines.
BANGKOK -- Shares in Bangkok-listed Energy Absolute were down 30% at the opening bell on Wednesday, after having taken a similar hit at the close of trading on Tuesday, the renewable energy company's first full day of trading since its top two executives were charged with fraud by the Thai Securities and Exchange Commission (SEC).
MANILA -- The Asian Development Bank has revised upward its growth forecast for developing Asia in 2024, encouraged by improved tech-related exports in South Korea and Taiwan and robust domestic demand across the region.
SHENYANG, China -- Although China's economy grew 4.7% in the April-June quarter, employment and domestic demand remain sluggish in regional cities like Shenyang that are losing workers in droves and where making a living wage is becoming harder.
TOKYO -- Palauan President Surangel Whipps Jr. told Nikkei Asia on Tuesday that pressure from China is reaching a "new level" after a tourism delegation was recently denied entry to Macao and as the Pacific island nation investigates a suspicious cyber attack this month targeting customs and border functions.