Asia Pacific – Page 77 – Prologue Journal

As Biden skips Southeast Asia summits, is the US losing influence in the region?

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Biden’s absence does not necessarily indicate weaker US interest in Southeast Asia but rather a shift in engagement strategy, analysts say. https://www.scmp.com/week-asia/politics/article/3282064/biden-skips-southeast-asia-summits-us-losing-influence-region?utm_source=rss_feed

Runaway Filipino helpers caught in Busan blame undue monitoring for leaving Seoul

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The two women, who left their jobs in the capital due to excessive surveillance, were caught working illegally in Busan. https://www.scmp.com/news/asia/east-asia/article/3282095/runaway-filipino-helpers-caught-busan-blame-undue-monitoring-leaving-seoul?utm_source=rss_feed

How South Korea’s Dogs Became Members of the Family

New York Times They have become pampered family members in South Korea, which has the world’s lowest birthrate and where much of the population lives alone. https://www.nytimes.com/2024/10/12/world/asia/south-korea-dogs-pet-popularity.html

China Vows to Unleash More Borrowing to Spur Economy and Strengthen Banks

New York Times The finance minister said Beijing would sell bonds to supplement spending and help banks but did not detail how much. https://www.nytimes.com/2024/10/11/business/china-economy-finance-minister.html

Australia’s failure to reinvest mineral wealth for long-term growth exposed amid shifting economy

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Wealth from the mining boom has not been reallocated to benefit average Australians, leaving them worse off now than 10 years ago, analysts say. https://www.scmp.com/week-asia/economics/article/3281990/australias-failure-reinvest-mineral-wealth-long-term-growth-exposed-amid-shifting-economy?utm_source=rss_feed

As President Prabowo takes the stage, will Indonesia get a strongman or legacy keeper?

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. A military man with populist policies, Prabowo Subianto has pledged to continue Joko Widodo’s vision. Whether he delivers remains to be seen. https://www.scmp.com/week-asia/politics/article/3282052/president-prabowo-takes-stage-will-indonesia-get-strongman-or-legacy-keeper?utm_source=rss_feed

Electric buses: can 100% tariff pain kill China’s resolve to dominate global market?

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. As China’s market matures, exports hold the key to future profitability for Yutong, Foton and peers in rivalry with European electric-bus producers. https://www.scmp.com/business/china-business/article/3282016/electric-buses-can-100-tariff-pain-kill-chinas-resolve-dominate-global-market?utm_source=rss_feed

Nobel Peace Prize Is Awarded to Nihon Hidankyo For Its Efforts to Rid of Nuclear Weapons

New York Times Toshiyuki Mimaki, the chairman of Nihon Hidankyo, which was awarded the Nobel Peace Prize, said his foremost wish was to “please abolish nuclear weapons while we are alive.” https://www.nytimes.com/2024/10/11/world/asia/nobel-peace-prize-nihon-hidanyuo-atomic-bomb.html

North Korea Accuses the South of Sending Drones Over Pyongyang

New York Times Pyongyang threatened military action if the provocations continued, while the South advised its angry neighbor not to act “rashly.” https://www.nytimes.com/2024/10/11/world/asia/north-korea-unmanned-drones-leaflets.html

Air India faces growth challenges as Ratan Tata’s death highlights legacy issues

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The flag carrier has placed huge orders to expand its fleet and is in the process of merging with full-service airline Vistara. https://www.scmp.com/week-asia/economics/article/3282075/air-india-faces-growth-challenges-ratan-tatas-death-highlights-legacy-issues?utm_source=rss_feed