Washington, May 28 (IANS) China has said President Donald Trump’s visit to Beijing early this month had produced progress on tariffs, trade mechanisms and educational exchanges, even as tensions persist over Taiwan and technology restrictions. China’s Deputy Ambassador to the United States, Qui Wenxing, on Wednesday (local time) described the recent summit between Trump and Chinese President Xi Jinping as “historic and successful”.Qui said Beijing believed the summit marked “a signific…
Latest APEC News & Updates
Beijing, April 14 (IANS) Russian Foreign Minister Sergei Lavrov arrived in China on Tuesday for a two-day official visit to discuss the bilateral cooperation across key sectors, as well as the ongoing conflicts in Ukraine and West Asia. Earlier on Monday, the Russian Foreign Ministry announced that during his visit to China from April 14-15, the Foreign Minister will hold talks with his Chinese counterpart, Wang Yi. “The two countries’ foreign ministers will discuss a wide range of bilateral coo…
Moscow, April 13 (IANS) Russian presidential spokesperson Dmitry Peskov on Monday admitted that the US blockade of the Strait of Hormuz is likely to impact international markets negatively. “Most likely, such actions will continue to negatively impact international markets; this can be assumed with a high degree of certainty,” the Kremlin spokesman was quoted as saying by Russia’s leading Tass news agency during a regular media briefing in Moscow.Responding to another question, he asserted that …
Seoul, Jan 18 (IANS) The number of companies operating in South Korea’s free economic zones rose 4.4 per cent from a year earlier in 2024, driving gains in employment and investment, the industry ministry said on Sunday.A total of 8,590 companies were operating in the country’s free economic zones at the end of 2024, up from 8,228 firms a year earlier, according to data from the Ministry of Trade, Industry and Resources, reports Yonhap news agency.Employment at those firms increased 8.8 percent …
Seoul, Jan 7 (IANS) Foreign direct investment (FDI) pledges to South Korea reached a record high of over $36 billion in 2025, government data showed on Wednesday, thanks to eased political uncertainties here and the Asia-Pacific Economic Cooperation (APEC) gathering held in the country’s southeastern city of Gyeongju.Last year, South Korea received $36.05 billion worth of FDI commitments, up 4.3 percent from $34.57 billion in 2024, according to the Ministry of Trade, Industry and Resources, repo…