TOKYO — Japan on Wednesday lowered its financial view for the primary time in 10 months, as weak home demand weighs on the economic system.
The Cabinet Office mentioned in its newest month-to-month report that the economic system “recently appears to be pausing in part” regardless of restoration at a reasonable tempo. (Japan-Economic View)
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SEOUL — South Korea determined Wednesday to partially droop the navy settlement with the Democratic People’s Republic of Korea (DPRK) that was reached after the 2018 inter-Korean summit.
The partially suspended inter-Korean navy pact was authorized throughout a rare cupboard assembly presided over by South Korean Prime Minister Han Duck-soo in Seoul. (South Korea-DPRK-Military Agreement)
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COLOMBO — Sri Lankan President Ranil Wickremesinghe instructed parliament on Wednesday that the presidential election and the parliamentary election will each be held in 2024.
The president made this assertion whereas delivering a particular assertion in parliament on a number of urgent issues, together with the disaster confronted by cricket, one among Sri Lanka’s hottest sports activities. (Sri Lanka-Elections)
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HONG KONG — The Hong Kong Special Administrative Region authorities will dedicate some 30 billion U.S. {dollars} within the subsequent 15 to twenty years to implement climate-change mitigation and adaptation measures, Financial Secretary Paul Chan mentioned Wednesday.
Hong Kong is planning to take 4 main decarbonization methods, specifically attaining net-zero electrical energy era, saving power in buildings, selling inexperienced transport and waste discount, Chan mentioned on the Asia-Pacific Business Forum 2023. (Hong Kong-Green Transition)