🇮🇷🇵🇰 Iran Delegation Arrives for Islamabad Talks
An Iranian delegation arrived in Islamabad on Thursday ahead of Pakistan-brokered talks with the United States scheduled for the weekend. Iran's ambassador to Pakistan, Reza Amiri Moghadam, confirmed the delegation's arrival and said discussions would be based on ten points proposed by Iran.
The White House stated that US Vice President JD Vance would lead the American side in negotiations in Islamabad. Pakistan's Prime Minister Shehbaz Sharif extended the invitation to Iran despite what Moghadam described as repeated ceasefire violations by Israel.
Islamabad authorities declared local holidays across the capital for several days beginning Wednesday, citing no specific reason. Essential services including police, hospitals, and utilities were ordered to remain operational during the period.
#Iran #Pakistan #USA
@asianomics
An Iranian delegation arrived in Islamabad on Thursday ahead of Pakistan-brokered talks with the United States scheduled for the weekend. Iran's ambassador to Pakistan, Reza Amiri Moghadam, confirmed the delegation's arrival and said discussions would be based on ten points proposed by Iran.
The White House stated that US Vice President JD Vance would lead the American side in negotiations in Islamabad. Pakistan's Prime Minister Shehbaz Sharif extended the invitation to Iran despite what Moghadam described as repeated ceasefire violations by Israel.
Islamabad authorities declared local holidays across the capital for several days beginning Wednesday, citing no specific reason. Essential services including police, hospitals, and utilities were ordered to remain operational during the period.
#Iran #Pakistan #USA
@asianomics
CNA
Iran's envoy deletes post on delegation arrival in Islamabad for US talks
ISLAMABAD: Iran's ambassador to Pakistan deleted a social media post saying an Iranian delegation would arrive in Islamabad on Thursday night (Apr 9), a move an embassy official later told AFP had been sent prematurely.Ambassador Reza Amiri Moghadam said…
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🇨🇳🇹🇼 China Naval Presence Doubles Near Taiwan
Two Taiwanese security officials told Reuters that China has deployed nearly 100 vessels — naval and coast guard — in and around the South and East China Seas this week, up from a typical deployment of 50–60 ships. Intelligence reports reviewed by Reuters corroborated the figures, showing the increase progressed from roughly 70 vessels at the end of March.
Taiwan's Defence Minister Wellington Koo told lawmakers that China is continuously expanding its military capabilities and that the threat to Taiwan is becoming increasingly severe. Koo also stated that Taiwan must demonstrate its resolve to defend itself to the United States and other partners, citing risks if that resolve were doubted.
China also declared reserved airspace off its eastern coast from March 27 to May 5, roughly a week before a planned Trump-Xi meeting. Taiwan's National Security Bureau head Tsai Ming-yen said the measure may be intended to test the frequency of US aircraft operations in the Indo-Pacific ahead of that summit.
#China #Taiwan
@asianomics
Two Taiwanese security officials told Reuters that China has deployed nearly 100 vessels — naval and coast guard — in and around the South and East China Seas this week, up from a typical deployment of 50–60 ships. Intelligence reports reviewed by Reuters corroborated the figures, showing the increase progressed from roughly 70 vessels at the end of March.
Taiwan's Defence Minister Wellington Koo told lawmakers that China is continuously expanding its military capabilities and that the threat to Taiwan is becoming increasingly severe. Koo also stated that Taiwan must demonstrate its resolve to defend itself to the United States and other partners, citing risks if that resolve were doubted.
China also declared reserved airspace off its eastern coast from March 27 to May 5, roughly a week before a planned Trump-Xi meeting. Taiwan's National Security Bureau head Tsai Ming-yen said the measure may be intended to test the frequency of US aircraft operations in the Indo-Pacific ahead of that summit.
#China #Taiwan
@asianomics
Reuters
Taiwan sees only warships and warplanes as China talks peace with opposition
Taiwanese officials are tracking what they view as a worrying rise in Chinese naval activity and military pressure against the island, even as Beijing presses a message of peace and cooperation.
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🇲🇲 Min Aung Hlaing Sworn In as Myanmar President
Former military chief Min Aung Hlaing was sworn in as president of Myanmar on April 10, completing a transition from junta rule to a military-led civilian government more than five years after he seized power in a 2021 coup. He received 429 of 586 parliamentary votes on April 3, with the military-backed Union Solidarity and Development Party and military appointees holding roughly 86 percent of seats.
Min Aung Hlaing stepped down as commander-in-chief on March 30 to comply with the 2008 Constitution, which bars serving military officers from the presidency. He handed command of the armed forces to Gen. Ye Win Oo, the former military intelligence chief who organized the arrests during the February 2021 coup. A 30-member Cabinet, composed predominantly of active or former senior military officers, was formed and approved by parliament on inauguration day.
China, Russia, Cambodia, and Thailand offered congratulations following Min Aung Hlaing's election. Western nations and Myanmar's opposition forces dismissed the transition as a means of legitimizing permanent military rule. Aung San Suu Kyi remains in detention and her National League for Democracy party has been dissolved.
#Myanmar
@asianomics
Former military chief Min Aung Hlaing was sworn in as president of Myanmar on April 10, completing a transition from junta rule to a military-led civilian government more than five years after he seized power in a 2021 coup. He received 429 of 586 parliamentary votes on April 3, with the military-backed Union Solidarity and Development Party and military appointees holding roughly 86 percent of seats.
Min Aung Hlaing stepped down as commander-in-chief on March 30 to comply with the 2008 Constitution, which bars serving military officers from the presidency. He handed command of the armed forces to Gen. Ye Win Oo, the former military intelligence chief who organized the arrests during the February 2021 coup. A 30-member Cabinet, composed predominantly of active or former senior military officers, was formed and approved by parliament on inauguration day.
China, Russia, Cambodia, and Thailand offered congratulations following Min Aung Hlaing's election. Western nations and Myanmar's opposition forces dismissed the transition as a means of legitimizing permanent military rule. Aung San Suu Kyi remains in detention and her National League for Democracy party has been dissolved.
#Myanmar
@asianomics
Japan Wire by Kyodo News
Min Aung Hlaing sworn in as Myanmar president
Former military chief Min Aung Hlaing was sworn in as Myanmar's president Friday, completing a carefully crafted transition from junta rule to a military-led civilian government, more than five years after he seized power in a 2021 coup.
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🇨🇳 China Plans South China Sea Rocket Launch
China's Jielong-3 rocket is scheduled to lift off at 7:30pm Saturday from the Dong Fang Hang Tian Gang, a converted barge operating in international waters of the South China Sea. The 31-metre solid-fuelled rocket was developed by the China Academy of Launch Vehicle Technology for commercial missions.
The launch marks the Jielong-3's first long-distance, cross-sea deployment, having travelled from Haiyang in Shandong province to the South China Sea. Since its maiden flight in 2022, the rocket has conducted 10 sea launches from near-coastal waters in the Yellow Sea and South China Sea.
Launching from the South China Sea offers lower-latitude advantages, including an additional velocity boost from Earth's rotation and a wider debris drop zone away from populated areas. A US aerospace analyst noted that sea launches are gaining broader attention as land-based spaceports face capacity constraints from increasing flight rates.
#China
@asianomics
China's Jielong-3 rocket is scheduled to lift off at 7:30pm Saturday from the Dong Fang Hang Tian Gang, a converted barge operating in international waters of the South China Sea. The 31-metre solid-fuelled rocket was developed by the China Academy of Launch Vehicle Technology for commercial missions.
The launch marks the Jielong-3's first long-distance, cross-sea deployment, having travelled from Haiyang in Shandong province to the South China Sea. Since its maiden flight in 2022, the rocket has conducted 10 sea launches from near-coastal waters in the Yellow Sea and South China Sea.
Launching from the South China Sea offers lower-latitude advantages, including an additional velocity boost from Earth's rotation and a wider debris drop zone away from populated areas. A US aerospace analyst noted that sea launches are gaining broader attention as land-based spaceports face capacity constraints from increasing flight rates.
#China
@asianomics
South China Morning Post
Is China about to launch a rocket from South China Sea international waters?
Methane risks, sonic boom and rocket debris make the open ocean an attractive option for increasing launch traffic.
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🇰🇵🇨🇳 Wang Yi Visits Pyongyang, Bilateral Ties Pledged
China's Foreign Minister Wang Yi held talks in Pyongyang with North Korean Foreign Minister Choe Son-hui on Thursday during a two-day visit to the country — his first in more than six years. Choe told Wang that bilateral ties had advanced to a higher level following a summit between Kim Jong-un and Xi Jinping in Beijing last year.
The two ministers agreed to increase exchanges and cooperation to mark the 65th anniversary of the Treaty of Friendship, Cooperation and Mutual Assistance, and to strengthen coordination between their foreign policy bodies. Wang stated that China's intention to safeguard and develop the bilateral relationship would remain firm regardless of changes in the international situation.
At a banquet later on Thursday, Wang referred to what he described as a plot of isolation and pressure by the United States and other Western forces, noting North Korea had made new achievements in that context. China's Xinhua News Agency separately reported that Wang paid tribute to graves of Chinese soldiers in Pyongyang who died during the 1950–53 Korean War.
#NorthKorea #China
@asianomics
China's Foreign Minister Wang Yi held talks in Pyongyang with North Korean Foreign Minister Choe Son-hui on Thursday during a two-day visit to the country — his first in more than six years. Choe told Wang that bilateral ties had advanced to a higher level following a summit between Kim Jong-un and Xi Jinping in Beijing last year.
The two ministers agreed to increase exchanges and cooperation to mark the 65th anniversary of the Treaty of Friendship, Cooperation and Mutual Assistance, and to strengthen coordination between their foreign policy bodies. Wang stated that China's intention to safeguard and develop the bilateral relationship would remain firm regardless of changes in the international situation.
At a banquet later on Thursday, Wang referred to what he described as a plot of isolation and pressure by the United States and other Western forces, noting North Korea had made new achievements in that context. China's Xinhua News Agency separately reported that Wang paid tribute to graves of Chinese soldiers in Pyongyang who died during the 1950–53 Korean War.
#NorthKorea #China
@asianomics
Yonhap News Agency
(2nd LD) N. Korea's top diplomat tells China that Pyongyang vows to deepen bilateral ties
(ATTN: UPDATES with more details in last 2 paras) SEOUL, April 10 (Yonhap) -- North Kore...
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🇰🇷🇯🇵 Seoul Summons Japanese Diplomat Over Dokdo Claim
South Korea's foreign ministry summoned Hirotaka Matsuo, deputy chief of mission at the Japanese Embassy in Seoul, to lodge a formal complaint after Japan renewed its territorial claim to the Dokdo islets in its annual Diplomatic Bluebook. Kim Sang-hoon, director general for Asia-Pacific affairs, delivered the protest in person.
Japan's Foreign Minister Toshimitsu Motegi submitted the bluebook to a Cabinet meeting on Friday. The document claimed Dokdo as Japanese territory and accused South Korea of continuing illegal occupation of the islets by stationing security forces there.
Seoul's foreign ministry issued a statement strongly protesting the claim and urging its immediate withdrawal, asserting that Dokdo is South Korea's territory under international law, history, and geography. South Korea maintains a small police detachment on the islets and exercises effective control over them.
#SouthKorea #Japan
@asianomics
South Korea's foreign ministry summoned Hirotaka Matsuo, deputy chief of mission at the Japanese Embassy in Seoul, to lodge a formal complaint after Japan renewed its territorial claim to the Dokdo islets in its annual Diplomatic Bluebook. Kim Sang-hoon, director general for Asia-Pacific affairs, delivered the protest in person.
Japan's Foreign Minister Toshimitsu Motegi submitted the bluebook to a Cabinet meeting on Friday. The document claimed Dokdo as Japanese territory and accused South Korea of continuing illegal occupation of the islets by stationing security forces there.
Seoul's foreign ministry issued a statement strongly protesting the claim and urging its immediate withdrawal, asserting that Dokdo is South Korea's territory under international law, history, and geography. South Korea maintains a small police detachment on the islets and exercises effective control over them.
#SouthKorea #Japan
@asianomics
Yonhap News Agency
(LEAD) S. Korea calls in Japanese Embassy official over Tokyo's renewed territorial claim to Dokdo
(ATTN: UPDATES with statement from foreign ministry in paras 5-7, new photo) SEOUL, Apri...
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🇰🇷🇮🇷 Korea Adviser: Hormuz Transit Still Disrupted
South Korea's National Security Adviser Wi Sung-lac stated at a press briefing in Seoul that vessel crossings through the Strait of Hormuz have not increased significantly since a US-Iran ceasefire was agreed on Tuesday. Wi said supply chain uncertainty is likely to persist for the time being.
Wi noted that approximately 2,000 vessels remain trapped in the strait, and a simultaneous departure could take considerable time and create difficulties in securing safe routes. The South Korean government is communicating with relevant countries to ensure the safety of ships and crew.
Twenty-six Korean-flagged vessels remain stranded in the strait. Seoul pledged to continue efforts to secure alternative supplies of crude oil and naphtha and to identify alternative shipping lanes.
#SouthKorea #Iran
@asianomics
South Korea's National Security Adviser Wi Sung-lac stated at a press briefing in Seoul that vessel crossings through the Strait of Hormuz have not increased significantly since a US-Iran ceasefire was agreed on Tuesday. Wi said supply chain uncertainty is likely to persist for the time being.
Wi noted that approximately 2,000 vessels remain trapped in the strait, and a simultaneous departure could take considerable time and create difficulties in securing safe routes. The South Korean government is communicating with relevant countries to ensure the safety of ships and crew.
Twenty-six Korean-flagged vessels remain stranded in the strait. Seoul pledged to continue efforts to secure alternative supplies of crude oil and naphtha and to identify alternative shipping lanes.
#SouthKorea #Iran
@asianomics
Japan Wire by Kyodo News
S. Korea security adviser says transit through Strait of Hormuz not going smoothly
SEOUL - National Security Adviser Wi Sung-lac said Friday the passage of ships through the Strait of Hormuz still remains largely blocked despite a two-week ceasefire between the United States and Iran, pledging that South Korea would continue to seek alternative…
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🇨🇳🇯🇵 China-Japan Flight Cancellations Rise in March
According to flight tracking data cited by Yicai on April 10, 53 China-Japan routes saw all scheduled flights cancelled in March, an increase from the number of routes affected in February. The overall cancellation rate for mainland China-bound flights to Japan reached 49.6% across the month.
A total of 2,691 flights from mainland China to Japan were cancelled in March, with the cancellation rate rising 1.1 percentage points compared to February. Beijing Daxing International Airport recorded the highest number of cancelled Japan-bound flights of any Chinese airport during the period.
Daxing Airport cancelled all 125 scheduled flights to Osaka Kansai Airport, resulting in a 100% cancellation rate on that route. The figures cover the period when Japan entered its cherry blossom season.
#China #Japan
@asianomics
According to flight tracking data cited by Yicai on April 10, 53 China-Japan routes saw all scheduled flights cancelled in March, an increase from the number of routes affected in February. The overall cancellation rate for mainland China-bound flights to Japan reached 49.6% across the month.
A total of 2,691 flights from mainland China to Japan were cancelled in March, with the cancellation rate rising 1.1 percentage points compared to February. Beijing Daxing International Airport recorded the highest number of cancelled Japan-bound flights of any Chinese airport during the period.
Daxing Airport cancelled all 125 scheduled flights to Osaka Kansai Airport, resulting in a 100% cancellation rate on that route. The figures cover the period when Japan entered its cherry blossom season.
#China #Japan
@asianomics
www.zaobao.com.sg
53条中日航线3月取消全部航班 环比增1.1%
中日关系继续僵持,3月共有53条中日航线的航班全部取消。
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🇯🇵🇨🇳 Japan Downgrades China in Diplomatic Bluebook
Japan's 2026 diplomatic bluebook, presented to cabinet by Foreign Minister Motegi Toshimitsu on April 10, reclassified China from "most important bilateral relationship" to "important neighboring country." The diplomatic bluebook covers Japan's foreign policy and international situation for 2025.
China's Foreign Ministry spokesperson Mao Ning attributed the current state of bilateral relations to remarks on Taiwan made by Japanese Prime Minister Takaichi Sanae, stating those remarks undermined the political foundation of China-Japan relations and challenged the postwar international order.
Mao Ning called on Japan to uphold the four China-Japan political documents and its own commitments, and to take concrete action to preserve the political basis of the relationship.
#Japan #China
@asianomics
Japan's 2026 diplomatic bluebook, presented to cabinet by Foreign Minister Motegi Toshimitsu on April 10, reclassified China from "most important bilateral relationship" to "important neighboring country." The diplomatic bluebook covers Japan's foreign policy and international situation for 2025.
China's Foreign Ministry spokesperson Mao Ning attributed the current state of bilateral relations to remarks on Taiwan made by Japanese Prime Minister Takaichi Sanae, stating those remarks undermined the political foundation of China-Japan relations and challenged the postwar international order.
Mao Ning called on Japan to uphold the four China-Japan political documents and its own commitments, and to take concrete action to preserve the political basis of the relationship.
#Japan #China
@asianomics
www.zaobao.com.sg
日本降等中国表述 北京:日相涉台论损害两国关系政治基础
对于日本官方发布外交蓝皮书降等对中国的表述,中国外交部对此回应称,日本首相高市早苗的涉台言论损害中日关系的政治基础,呼吁日本反思纠错。
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🇰🇿 Asian States Eye Kazakhstan Oil Amid Constraints
South Korea, Japan, and Bangladesh are among the Asian importers seeking Kazakh oil supplies as Middle East conflict disrupts traditional energy routes. Kazakhstan has drawn renewed interest from buyers looking to diversify away from affected sources.
Despite the demand, analysts indicate that capacity limitations, geography, and infrastructure bottlenecks are restricting Kazakhstan's ability to expand exports. The country's landlocked position and reliance on existing transit corridors present structural barriers to scaling up delivery volumes.
The gap between interest from Asian buyers and Kazakhstan's actual export potential reflects the physical constraints facing Central Asian energy producers. No timeline or specific supply agreements have been announced.
#Kazakhstan #SouthKorea #Japan
@asianomics
South Korea, Japan, and Bangladesh are among the Asian importers seeking Kazakh oil supplies as Middle East conflict disrupts traditional energy routes. Kazakhstan has drawn renewed interest from buyers looking to diversify away from affected sources.
Despite the demand, analysts indicate that capacity limitations, geography, and infrastructure bottlenecks are restricting Kazakhstan's ability to expand exports. The country's landlocked position and reliance on existing transit corridors present structural barriers to scaling up delivery volumes.
The gap between interest from Asian buyers and Kazakhstan's actual export potential reflects the physical constraints facing Central Asian energy producers. No timeline or specific supply agreements have been announced.
#Kazakhstan #SouthKorea #Japan
@asianomics
Nikkei Asia
Kazakhstan attracts Asian oil suitors, but export constraints hinder supply
South Korea, Japan, Bangladesh seek Astana's energy despite structural bottlenecks
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🇰🇷🇰🇵 South Korea Reopens Border Rail Station
South Korea resumed tourist rail service to Dorasan Station in the border city of Paju on April 10, for the first time in over six years. The station, the northernmost point of South Korea's rail network, had been closed since late 2019 due to the COVID-19 pandemic.
Dorasan Station was established following a 2000 inter-Korean summit and once served freight trains carrying goods to and from the Kaesong Industrial Complex, a jointly operated factory park in North Korea shut down in 2016. Unification Minister Chung Dong-young described the resumption as a starting point toward establishing everyday peace on the Korean Peninsula.
The train, named "DMZ Peace Link," departs from Seoul Station and runs to Dorasan Station twice a month through May, expanding to every Friday from June. South Korea's unification ministry, municipalities, and the rail agency plan to add further tourist destinations near the station.
#SouthKorea #NorthKorea
@asianomics
South Korea resumed tourist rail service to Dorasan Station in the border city of Paju on April 10, for the first time in over six years. The station, the northernmost point of South Korea's rail network, had been closed since late 2019 due to the COVID-19 pandemic.
Dorasan Station was established following a 2000 inter-Korean summit and once served freight trains carrying goods to and from the Kaesong Industrial Complex, a jointly operated factory park in North Korea shut down in 2016. Unification Minister Chung Dong-young described the resumption as a starting point toward establishing everyday peace on the Korean Peninsula.
The train, named "DMZ Peace Link," departs from Seoul Station and runs to Dorasan Station twice a month through May, expanding to every Friday from June. South Korea's unification ministry, municipalities, and the rail agency plan to add further tourist destinations near the station.
#SouthKorea #NorthKorea
@asianomics
Yonhap News Agency
Unification minister calls resuming tourist railway to border with N. Korea starting point for peace
SEOUL, April 10 (Yonhap-Joint Press Corps) -- Unification Minister Chung Dong-young said F...
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🇨🇳🇮🇷 Intel: China to Supply Iran Air Defense
US intelligence indicates China is preparing to deliver Man-Portable Air Defense Systems to Iran within weeks, according to CNN reporting cited by Bloomberg. MANPADS are shoulder-fired surface-to-air missiles operable by a single person and designed for easy transport and concealment.
China's embassy spokesperson in Washington rejected the claim, telling CNN that China had not supplied weapons to any party in the conflict and that the information was false.
The reported transfer would raise questions about China's role given that China had previously been reported to have helped broker a two-week ceasefire between the US and Iran. China neither confirmed nor denied its role in that mediation.
#China #Iran
@asianomics
US intelligence indicates China is preparing to deliver Man-Portable Air Defense Systems to Iran within weeks, according to CNN reporting cited by Bloomberg. MANPADS are shoulder-fired surface-to-air missiles operable by a single person and designed for easy transport and concealment.
China's embassy spokesperson in Washington rejected the claim, telling CNN that China had not supplied weapons to any party in the conflict and that the information was false.
The reported transfer would raise questions about China's role given that China had previously been reported to have helped broker a two-week ceasefire between the US and Iran. China neither confirmed nor denied its role in that mediation.
#China #Iran
@asianomics
www.zaobao.com.sg
美媒:情报显示中国正准备几周内向伊朗提供防空系统
消息人士称,美国情报显示中国正准备在几周内向伊朗提供防空系统。
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🇨🇳🇹🇼 PLA Flies 17 Sorties During Xi-KMT Talks
Taiwan's Ministry of National Defense reported 17 sorties of People's Liberation Army aircraft and eight naval and government vessels operating near the Taiwan Strait in the 24-hour period ending April 12. Of those sorties, 15 crossed the median line, entering northern and southwestern airspace.
The bulk of the activity occurred on April 11, when 12 combat aircraft crossed into northern airspace between 08:35 and 13:15, followed by four additional sorties in the strait itself, two of which also crossed the median line. Taiwan's military responded by deploying mission aircraft, vessels, and shore-based missile systems to monitor and manage the situation.
The activity coincided with Xi Jinping's meeting in Beijing with Kuomintang chairperson Cheng Li-wun, during which both sides aligned closely on the 1992 Consensus and opposition to Taiwan independence. Taiwan's Mainland Affairs Council deputy minister Shen Yu-chung told media that using military pressure alongside political outreach had long been Beijing's standard approach.
#China #Taiwan
@asianomics
Taiwan's Ministry of National Defense reported 17 sorties of People's Liberation Army aircraft and eight naval and government vessels operating near the Taiwan Strait in the 24-hour period ending April 12. Of those sorties, 15 crossed the median line, entering northern and southwestern airspace.
The bulk of the activity occurred on April 11, when 12 combat aircraft crossed into northern airspace between 08:35 and 13:15, followed by four additional sorties in the strait itself, two of which also crossed the median line. Taiwan's military responded by deploying mission aircraft, vessels, and shore-based missile systems to monitor and manage the situation.
The activity coincided with Xi Jinping's meeting in Beijing with Kuomintang chairperson Cheng Li-wun, during which both sides aligned closely on the 1992 Consensus and opposition to Taiwan independence. Taiwan's Mainland Affairs Council deputy minister Shen Yu-chung told media that using military pressure alongside political outreach had long been Beijing's standard approach.
#China #Taiwan
@asianomics
www.zaobao.com.sg
习郑会举行之时 大陆25架次军机舰在台海周边活动
在中共总书记习近平与台湾在野的国民党主席郑丽文会面之际,台湾军方在24小时内侦获25架次大陆军机舰在台海周边活动。
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🇯🇵 Japan Approves $4bn More for Rapidus
Japan's Ministry of Economy, Trade and Industry approved an additional 631.5 billion yen in development funding for state-backed chipmaker Rapidus on April 11. The disbursement brings total government support for Rapidus to 2.35 trillion yen.
Prime Minister Sanae Takaichi has underlined the need for greater investment in areas critical to national security, citing risks including recent Sino-Japanese tensions. Rapidus, established in 2022, is targeting mass production of 2-nanometer chips in the second half of fiscal 2027.
The industry ministry also extended financial support to Fujitsu and IBM Japan, with the intention of having them outsource production of energy-efficient AI chips to Rapidus.
#Japan
@asianomics
Japan's Ministry of Economy, Trade and Industry approved an additional 631.5 billion yen in development funding for state-backed chipmaker Rapidus on April 11. The disbursement brings total government support for Rapidus to 2.35 trillion yen.
Prime Minister Sanae Takaichi has underlined the need for greater investment in areas critical to national security, citing risks including recent Sino-Japanese tensions. Rapidus, established in 2022, is targeting mass production of 2-nanometer chips in the second half of fiscal 2027.
The industry ministry also extended financial support to Fujitsu and IBM Japan, with the intention of having them outsource production of energy-efficient AI chips to Rapidus.
#Japan
@asianomics
Nikkei Asia
Japan approves additional $4bn in support for Rapidus
Government seeks to ensure stable supplies of semiconductors
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🇮🇩🇷🇺 Prabowo to Visit Russia, Meet Putin
Indonesian President Prabowo Subianto is set to depart for Russia within days, with a meeting with President Vladimir Putin expected during the upcoming visit, Indonesia's Foreign Minister Sugiono said on Saturday.
Sugiono said the talks would cover the potential for Indonesia to purchase Russian oil as an alternative supply source amid a global crunch linked to the Iran war.
The Kremlin previously confirmed that contacts between the two leaders were being prepared, without specifying a timeline.
#Indonesia #Russia
@asianomics
Indonesian President Prabowo Subianto is set to depart for Russia within days, with a meeting with President Vladimir Putin expected during the upcoming visit, Indonesia's Foreign Minister Sugiono said on Saturday.
Sugiono said the talks would cover the potential for Indonesia to purchase Russian oil as an alternative supply source amid a global crunch linked to the Iran war.
The Kremlin previously confirmed that contacts between the two leaders were being prepared, without specifying a timeline.
#Indonesia #Russia
@asianomics
Reuters
Indonesia President Prabowo to visit Russia, meet Putin, minister says
Indonesian President Prabowo Subianto will depart to Russia in the coming days and is expected to meet President Vladimir Putin during the visit, Indonesia's foreign minister said on Saturday.
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🇰🇷🇨🇳 Samsung Weighs Retreat From China Markets
Samsung Electronics is considering a broad China business restructuring, potentially exiting home appliances and displays while retaining smartphones and semiconductor storage as core units, according to Chinese outlet Yicai citing industry sources. One source told the South China Morning Post that Samsung could transfer home appliance distribution to local partners while keeping manufacturing operations in place.
The company has already begun job cuts in some underperforming divisions. Samsung invested 465.4 billion won in its Xi'an chip plant in 2025, up 67.5 percent year on year, indicating continued commitment to semiconductor operations in China even as other segments contract.
A Carnegie Mellon Institute for Strategy and Technology fellow described Samsung's position as a choice between defending market share in China or directing resources toward global competition with Chinese firms. A former Samsung executive vice-president and visiting research fellow at the Sejong Institute said the contraction reflects the competitive environment in China rather than a deliberate pivot toward semiconductors.
#SouthKorea #China
@asianomics
Samsung Electronics is considering a broad China business restructuring, potentially exiting home appliances and displays while retaining smartphones and semiconductor storage as core units, according to Chinese outlet Yicai citing industry sources. One source told the South China Morning Post that Samsung could transfer home appliance distribution to local partners while keeping manufacturing operations in place.
The company has already begun job cuts in some underperforming divisions. Samsung invested 465.4 billion won in its Xi'an chip plant in 2025, up 67.5 percent year on year, indicating continued commitment to semiconductor operations in China even as other segments contract.
A Carnegie Mellon Institute for Strategy and Technology fellow described Samsung's position as a choice between defending market share in China or directing resources toward global competition with Chinese firms. A former Samsung executive vice-president and visiting research fellow at the Sejong Institute said the contraction reflects the competitive environment in China rather than a deliberate pivot toward semiconductors.
#SouthKorea #China
@asianomics
South China Morning Post
Samsung weighs China overhaul as local rivals pile on the pressure
Reports of a potential pullback come as domestic competitors gain ground in China, forcing Samsung to reassess where it deploys resources.
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🇰🇷🇹🇼 Seoul Removes "China (Taiwan)" Entry Card Label
South Korea completed an update to its electronic entry card system on April 10, removing the "previous departure point" and "next destination" fields that had listed Taiwan under the label "CHINA (TAIWAN)". The "country/region" field was retained and continues to list "TAIWAN" as a selectable option.
Taiwan's Ministry of Foreign Affairs had lodged multiple protests over the labeling and announced in late March that it would relabel South Korea as "South Korea" in its own entry forms — covering birthplace and residence fields — if Seoul did not respond by March 31. Taiwan had described the measure as upholding Taiwan's dignity and applying a reciprocity principle.
Taiwan's Ministry of Foreign Affairs stated it had noted the system update and described the change as beneficial to travel and exchange between the two sides. A South Korean Foreign Ministry official, cited by Yonhap, had earlier characterized the removal of the two fields as a technical adjustment to streamline the system and align the electronic format with the paper entry card, which had never included those fields.
#SouthKorea #Taiwan
@asianomics
South Korea completed an update to its electronic entry card system on April 10, removing the "previous departure point" and "next destination" fields that had listed Taiwan under the label "CHINA (TAIWAN)". The "country/region" field was retained and continues to list "TAIWAN" as a selectable option.
Taiwan's Ministry of Foreign Affairs had lodged multiple protests over the labeling and announced in late March that it would relabel South Korea as "South Korea" in its own entry forms — covering birthplace and residence fields — if Seoul did not respond by March 31. Taiwan had described the measure as upholding Taiwan's dignity and applying a reciprocity principle.
Taiwan's Ministry of Foreign Affairs stated it had noted the system update and described the change as beneficial to travel and exchange between the two sides. A South Korean Foreign Ministry official, cited by Yonhap, had earlier characterized the removal of the two fields as a technical adjustment to streamline the system and align the electronic format with the paper entry card, which had never included those fields.
#SouthKorea #Taiwan
@asianomics
www.zaobao.com.sg
韩国更改电子入境卡 删除有“中国(台湾)”选项栏目
韩国更改电子入境卡内容,删除出现“中国(台湾)”选项的栏目。
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🇨🇳 China Warns Students on Foreign Spy Jobs
China's Ministry of State Security issued a notice warning university students to avoid job postings that may serve as covers for foreign espionage. The ministry identified offers such as 800 yuan (US$117) a day for remote data processing work as potential traps designed to recruit students into illegally collecting sensitive information.
The ministry advised students to treat any salary far exceeding industry standards as a warning sign. It also flagged recruitment schemes that solicit résumé details about internships in military units or experience in classified research projects.
The notice was published as China enters its spring recruitment period ahead of a record 12.7 million university graduates expected this summer. Youth unemployment among urban residents aged 16 to 24 stood at 16.1 per cent in February, according to the National Bureau of Statistics.
#China
@asianomics
China's Ministry of State Security issued a notice warning university students to avoid job postings that may serve as covers for foreign espionage. The ministry identified offers such as 800 yuan (US$117) a day for remote data processing work as potential traps designed to recruit students into illegally collecting sensitive information.
The ministry advised students to treat any salary far exceeding industry standards as a warning sign. It also flagged recruitment schemes that solicit résumé details about internships in military units or experience in classified research projects.
The notice was published as China enters its spring recruitment period ahead of a record 12.7 million university graduates expected this summer. Youth unemployment among urban residents aged 16 to 24 stood at 16.1 per cent in February, according to the National Bureau of Statistics.
#China
@asianomics
South China Morning Post
China warns university students about lucrative job offers from foreign spies
Data processing or research jobs promising easy money could be ‘traps’ aimed at illegally collecting sensitive information, ministry says.
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🇨🇳 China Tightens Oversight of Red-Chip IPO Structures
China's Securities Regulatory Commission is requiring companies that retain offshore holding structures to justify their necessity before proceeding with Hong Kong listings. Approval data shows only one red-chip company using a variable interest entity structure received listing approval between January 1 and March 18 this year, compared with 21 in the same period last year.
Regulators have advised some red-chip firms to restructure and pursue listings through their mainland entities instead. One concern driving the shift is that funds raised through overseas listings — including dividends and share sale proceeds — were often held outside China and difficult for authorities to track, according to lawyers at Allbright Law Offices.
Dismantling a red-chip structure typically takes one to two years and can involve share buy-backs, deregistration of offshore entities, and significant tax liabilities. Companies with variable interest entity structures have already faced delays, while those that have restructured are being asked to provide detailed compliance documentation covering foreign exchange, tax, and overseas investment approvals.
#China
@asianomics
China's Securities Regulatory Commission is requiring companies that retain offshore holding structures to justify their necessity before proceeding with Hong Kong listings. Approval data shows only one red-chip company using a variable interest entity structure received listing approval between January 1 and March 18 this year, compared with 21 in the same period last year.
Regulators have advised some red-chip firms to restructure and pursue listings through their mainland entities instead. One concern driving the shift is that funds raised through overseas listings — including dividends and share sale proceeds — were often held outside China and difficult for authorities to track, according to lawyers at Allbright Law Offices.
Dismantling a red-chip structure typically takes one to two years and can involve share buy-backs, deregistration of offshore entities, and significant tax liabilities. Companies with variable interest entity structures have already faced delays, while those that have restructured are being asked to provide detailed compliance documentation covering foreign exchange, tax, and overseas investment approvals.
#China
@asianomics
South China Morning Post
What does China’s tightening grip on red-chip structures mean for IPOs?
China’s tougher stance on red-chip structures is reshaping the tech listing pipeline, adding uncertainty for companies targeting Hong Kong.
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🇵🇭🇹🇭 Iran War Squeezes Southeast Asia's Rice Farmers
The near-closure of the Strait of Hormuz, which remains largely blocked despite a temporary ceasefire, has choked fertiliser and fuel deliveries to South-east Asia. Tens of millions of smallholders across the region are struggling to afford diesel for tractors and irrigation pumps, as well as crop nutrients whose costs have doubled or tripled. In Thailand, some farmers have left harvest-ready crops in the ground because collection costs are prohibitive.
In the Philippines, the world's top rice importer, the Federation of Free Farmers Cooperatives projects paddy-rice output could fall by at least 10 per cent in 2026, equivalent to roughly 2 million tons. In Cambodia, around a tenth of the approximately 2,000 farmers working with integrated rice firm BRM Agro have said they will not plant unless they can secure a fixed price for the new crop. Vietnam's Mekong Delta growers are barely breaking even, with some considering reducing from three crops a year to two.
The UN Food and Agriculture Organization's chief economist Maximo Torero stated that a further 20 to 30-day Hormuz closure would affect food availability as early as the second half of 2026. Thailand's dry-season crop in March–April could fall around 19 per cent from the same period in 2025, according to the Kasikorn Research Center. The International Rice Research Institute's senior scientist Alisher Mirzabaev noted that existing stocks provide a buffer but cautioned against complacency.
#Philippines #Thailand
@asianomics
The near-closure of the Strait of Hormuz, which remains largely blocked despite a temporary ceasefire, has choked fertiliser and fuel deliveries to South-east Asia. Tens of millions of smallholders across the region are struggling to afford diesel for tractors and irrigation pumps, as well as crop nutrients whose costs have doubled or tripled. In Thailand, some farmers have left harvest-ready crops in the ground because collection costs are prohibitive.
In the Philippines, the world's top rice importer, the Federation of Free Farmers Cooperatives projects paddy-rice output could fall by at least 10 per cent in 2026, equivalent to roughly 2 million tons. In Cambodia, around a tenth of the approximately 2,000 farmers working with integrated rice firm BRM Agro have said they will not plant unless they can secure a fixed price for the new crop. Vietnam's Mekong Delta growers are barely breaking even, with some considering reducing from three crops a year to two.
The UN Food and Agriculture Organization's chief economist Maximo Torero stated that a further 20 to 30-day Hormuz closure would affect food availability as early as the second half of 2026. Thailand's dry-season crop in March–April could fall around 19 per cent from the same period in 2025, according to the Kasikorn Research Center. The International Rice Research Institute's senior scientist Alisher Mirzabaev noted that existing stocks provide a buffer but cautioned against complacency.
#Philippines #Thailand
@asianomics
The Straits Times
Fuel shortages from Iran war threaten Asia’s biggest food staple
Farmers are delaying harvesting and deciding whether to skip planting for the coming season. Read more at straitstimes.com. Read more at straitstimes.com.
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🇻🇳 Vietnam Elects Technocrat Le Minh Hung PM
Vietnam's National Assembly elected Le Minh Hung as prime minister on Tuesday, making him the country's youngest person to hold the office since 1955. Hung, born in 1970, built his career in financial technocracy rather than provincial politics, serving as central bank governor from 2016 to late 2020, where he helped stabilise macroeconomic foundations and expand foreign reserves.
Hung enters office with thinner political networks than his predecessor Pham Minh Chinh, having never held a provincial leadership role. His tenure at the State Bank also coincided with the Van Thinh Phat fraud case, one of Vietnam's largest financial scandals, which drew scrutiny over supervisory oversight during his governorship.
Hung will operate under General Secretary To Lam, who has consolidated authority over personnel, security, and economic strategy to a degree not seen in the post-Doi Moi era. External pressures include ongoing tariff negotiations with the United States, energy supply shortfalls compounded by Middle East conflict, and intensifying pressure from both Washington and Beijing for more explicit strategic alignment.
#Vietnam
@asianomics
Vietnam's National Assembly elected Le Minh Hung as prime minister on Tuesday, making him the country's youngest person to hold the office since 1955. Hung, born in 1970, built his career in financial technocracy rather than provincial politics, serving as central bank governor from 2016 to late 2020, where he helped stabilise macroeconomic foundations and expand foreign reserves.
Hung enters office with thinner political networks than his predecessor Pham Minh Chinh, having never held a provincial leadership role. His tenure at the State Bank also coincided with the Van Thinh Phat fraud case, one of Vietnam's largest financial scandals, which drew scrutiny over supervisory oversight during his governorship.
Hung will operate under General Secretary To Lam, who has consolidated authority over personnel, security, and economic strategy to a degree not seen in the post-Doi Moi era. External pressures include ongoing tariff negotiations with the United States, energy supply shortfalls compounded by Middle East conflict, and intensifying pressure from both Washington and Beijing for more explicit strategic alignment.
#Vietnam
@asianomics
South China Morning Post
Asian Angle | Who is Vietnam’s new Prime Minister Le Minh Hung?
The ex-central banker has the credentials to succeed. Whether he has the political capital remains to be seen.
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