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Moon calls for “strong, effective measures” against North Korea, more THAAD systems

August 1, 2017

SEOUL – South Korea’s President, Moon Jae-in, has called for a "stern response to North Korea’s ceaseless provocations with nuclear missile test launches" to be put into action, "not just words alone”.
His remarks came during an emergency meeting of the National Security Council (NSC) held immediately after the North’s launch in Mupyong-ri, Jagang-do Province, of what is believed to have been an intercontinental ballistic missile (ICBM).

Guangzhou SOE and LG partner for $6.7billion display-panel plant

August 1, 2017

GUANGZHOU - LG’s planned Guangzhou display-panel factory will be 30% owned by joint-venture partner Guangzhou-Kaide Technologies Development Co., sources close to the matter told Caixin. The South Korean home-appliances giant announced on Tuesday that it would build a facility to produce large-panel organic light-emitting diode (OLED) displays in Guangzhou’s Economic and Technological Development Zone.

Airline leaders more optimistic on strengthening passenger and cargo demand: IATA

July 28, 2017

GENEVA - Surveyed in early-July for IATA’s quarterly business confidence index, more than three-quarters of airline CFOs and heads of cargo indicated that profitability increased in Q2 2017 compared to the same period of 2016. IATA said the survey results suggest that Q1 may have marked the bottom of the industry’s profitability cycle.

NTT commits US$160 million to meet growing digital demand in India

July 27, 2017

MUMBAI - NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within Japan’s NTT Group, is to launch international data network services in India through its affiliate, NTT Communications India Network Services (NTTCINS). NTT pla o invest more tha n US$160 million into the Indian market.

China steps up crackdown on ‘illegal’ publications, ‘unauthorised news’

July 26, 2017

BEIJING - China has launched a crackdown on websites, online stores, mobile applications and social media that distribute pirated or illegal publications. The State newsagency Xinhua says the  nationwide campaign aims to protect the intellectual property rights of publications of the press, publication and media industry, and of e-commerce platforms and mobile applications.

India to launch anti-dumping investigation into Chinese solar exports?

July 25, 2017

BEIJING - India is likely to launch an anti-dumping investigation against Chinese solar panels soon, potentially adding to similar sanctions from the U.S. and Europe. “I’m expecting that, in the next few days, India will officially issue a statement triggering the probe,” said Zhang Sen, general secretary of the solar division of the China Chamber of Commerce for Import & Export of Machinery & Electronic Products.

China’s M&A value rebounds 148% in Q2

July 24, 2017

HONG KONG - China’s outbound mergers and acquisitions rebounded in the second quarter of 2017 with deal value surging 148% quarter on quarter. Chinese investors returned to the deal table in the April-June period after a lukewarm first quarter and were the second most acquisitive cross-border nation by value with 94 deals totalling US$ 35.9 billion, according to international law firm Baker McKenzie’s Cross-Border M&A Index.