Xinhua Asia-Pacific News Summary at 0600 GMT, May 4
Xinhua,May 04, 2018 Adjust font size:
DHAKA -- A Chinese consortium's bid to acquire 25 percent stake in Bangladesh's biggest stock exchange and become its strategic partner has been approved by the country's securities regulator.
BSEC (Bangladesh Securities and Exchange Commissions) in a meeting on Thursday approved the proposal of the Dhaka Stock Exchange (DSE) to sell its 25 percent stake to the Chinese consortium, comprising the Shenzhen Stock Exchange and the Shanghai Stock Exchange. (Bangladesh-China-Stocks)
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NEW DELHI -- India's Meteorological department Thursday warned of another dust storm in the states of Uttar Pradesh and Rajasthan in the next 48 hours, where it has claimed at least 112 lives so far.
According to officials over 200 people were injured in the two states due to overnight dust storm that left a trail of destruction in the affected districts.(India-Dust Storm-Death)
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SEOUL -- Chung Eui-yong, top national security advisor for South Korean President Moon Jae-in, is currently staying in the United States ahead of the summit between the United States and the Democratic People's Republic of Korea (DPRK), local media reported Friday citing the Blue House of South Korea.
An unidentified Blue House official told local reporters that Chung made a closed-door visit to the United States at the request of the National Security Council of the White House to discuss the DPRK-U.S. summit. (S.Korea-U.S.-Visit)
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MANILA -- The finance ministers and central bank governors of China, Japan and South Korea stressed on Friday the need to resist "all forms of protectionism" and agreed to ensure "an open and run-based multilateral trade and investment system."
The three Northeast Asian countries met on the sideline of the 51st annual meeting of the Asian Development Bank (ADB) in the Philippine capital to discuss current economic developments and potential risk in financial markets and underlying economic conditions. (Philippines-Anti-Protectionism) Enditem