Asia Pacific – Page 883 – Prologue Journal

China-Philippines relations: outspoken Teodoro Locsin, who swore at China, appointed ‘special envoy’ to Beijing

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Former Philippine foreign minister Teodoro Locsin has been appointed the president’s special envoy to Beijing, despite the outspoken diplomat’s profanity-laced criticism of China. https://www.scmp.com/news/asia/southeast-asia/article/3231305/china-philippines-relations-outspoken-teodoro-locsin-appointed-manilas-special-envoy-beijing?utm_source=rss_feed

Thai Court Dismisses Pita’s Renomination

New York Times Pita Limjaroenrat won a surprise victory in the general election, but his attempts to form a government and become the nation’s next premier have been thwarted. https://www.nytimes.com/2023/08/16/world/asia/thailand-pita-court.html

Singapore’s PM Lee Hsien Loong says reserves adequate for ‘most circumstances’, warns against unnecessary drawdowns

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Singapore’s Prime Minister Lee Hsien Loong has called for prudence in managing the country’s financial reserves as the scale of future crises is unknown. https://www.scmp.com/week-asia/politics/article/3231301/singapores-pm-lee-hsien-loong-says-reserves-adequate-most-circumstances-warns-against-unnecessary?utm_source=rss_feed

China and Hong Kong Stocks Slump as Economic Gloom Spreads

New York Times A string of worrying data has taken the fizz out of markets. https://www.nytimes.com/2023/08/16/business/china-hong-kong-stocks.html

Philippines ‘not on a war footing’ with Beijing despite South China Sea tensions

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Foreign Affairs Secretary Enrique Manalo says the Philippines is just trying to protect its sovereignty in its exclusive economic zone. https://www.scmp.com/week-asia/politics/article/3231284/philippines-not-war-footing-beijing-despite-south-china-sea-tensions?utm_source=rss_feed

Move Forward’s hopes of leading Thailand’s government dashed with court challenge rejection

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Any hope of the election-winning party forming a government was all but killed off by the Constitutional Court’s rejection on Wednesday of a request to review the blocking of its candidate Pita Limjaroenrat. https://www.scmp.com/news/asia/southeast-asia/article/3231271/move-forwards-hopes-leading-thailands-government-dashed-court-challenge-rejection?utm_source=rss_feed

Intel Acquisition of Tower Semiconductor Is Scuttled by China

New York Times Intel calls off its planned acquisition of Tower Semiconductor, an Israeli chip maker, after waiting in vain for 18 months for a review by Chinese regulators. https://www.nytimes.com/2023/08/16/business/intel-tower-semiconductor-china.html

Wealth of Vietnam’s richest man Pham Nhat Vuong balloons by more than 8 times to US$44.3 billion on VinFast debut

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The EV maker’s shares soared 255 per cent on its market debut, boosting the fortune of its founder Pham Nhat Vuong from US$5.3 billion to US$44.3 billion. https://www.scmp.com/news/asia/southeast-asia/article/3231264/wealth-vietnams-richest-man-balloons-more-8-times-us443-billion-vinfast-debut?utm_source=rss_feed

Japan climber dies scaling never-conquered Pakistan peak in fall from 18,000 feet

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Shinji Tamura slipped and fell from 5,380 metres up a mountain in Pakistan’s far northeast. Rescuers found some of his belongings, but ‘no trace’ of a body. https://www.scmp.com/news/asia/south-asia/article/3231229/japan-climber-dies-scaling-never-conquered-pakistan-peak-fall-18000-feet?utm_source=rss_feed

North Korea slams US ‘anti-people empire of evils’ in attack on Washington-led human rights push at UN

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Pyongyang warned any countries ‘blindly following the US’ to ‘behave themselves’, as Washington plans an open meeting at the UN on North Korea’s human rights record. https://www.scmp.com/news/asia/east-asia/article/3231223/north-korea-slams-us-anti-people-empire-evils-attack-washington-led-human-rights-push-un?utm_source=rss_feed