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Global trade growth set to more than double this year
via ft.comOECD, IMF and WTO all predict sharp rebound in global flows of products this year after 2023 slump -
No, trade surpluses aren’t caused by comparative advantage
via ft.comRevisiting Ricardo -
Children of Vietnam war’s rape survivors unjustly bear the burden of others’ crimes | Tran Thi Ngai
via theguardian.comFrom being branded Lai Dai Han, a derogatory term, to a lack of access to education and services, these children face a life of stigma. Our country must acknowledge their need for justiceFor more than five long decades me, my children and the hundreds of other families affected by sexual assault and rape during the Vietnam war have faced interminable suffering. It has been an impossible battle against shame and stigma, a struggle for jobs, services and survival, and a fight for rightful recognit -
Uniqlo confronts China’s newly thrifty middle class
via ft.comJapanese fast-fashion retailer has slowed store openings in world’s second-largest economy -
Adani plans push into Indian ecommerce and payments
via ft.comGroup set to leverage new public infrastructure in order to compete with rival Reliance and Big Tech -
People in Papua New Guinea dig through mud and debris after huge landslide – video
via theguardian.comRescue and recovery efforts unfold in a remote part of Papua New Guinea after Friday's landslide buried a remote village in the north. Unstable terrain, remote locations and damaged roads have been hampering relief efforts in the aftermath of the landslide, with heavy equipment required for the rescue yet to reach the area on Monday. PNG’s National Disaster Centre said the landslide buried an estimated 2,000 people.Papua New Guinea: satellite images reveal scale of landslide as rescuers fa -
Philippines urges US and allies to boost inward investment to counter China
via ft.comRising tensions between Beijing and Manila spark fears of wider economic fallout -
North Korea spy satellite explodes in flight as latest launch fails
via theguardian.comCause of accident was ‘operational reliability of engine’, says Pyongyang, after two failed attempts last yearNorth Korea’s latest attempt to put a spy satellite into orbit ended in a mid-air explosion, Pyongyang said late Monday, hours after its announcement of a planned launch was criticised by Seoul and Tokyo.Japanese broadcaster NHK ran footage of what appeared to be a flaming projectile in the night sky, which then exploded into a fireball. NHK said the footage was taken f -
How Chinese EV makers will respond to steep US tariffs
via ft.comManufacturers are likely to target expansion in Europe with luxury models that offer new features to consumers -
FirstFT: Lai Ching-te asks US lawmakers to help strengthen Taiwan’s defences
via ft.comAlso in today’s newsletter, China raises record sum for chip sector and a frozen treat from our HTSI Food & Drink special -
Maker of Shin Ramyun expands overseas as Korean noodles become hit
via ft.comNongshim’s spicy ramen has gone mainstream in the US, where the company plans to add production lines -
Maker of Shin ramen expands overseas as Korean noodles become hit
via ft.comNongshim’s spicy instant noodles have gone mainstream in the US, where the company plans to add production lines -
China raises $47bn for chip industry in drive for self-sufficiency
via ft.com‘Big Fund’ completes its largest round to date with makers of equipment for chip factories expected to be main beneficiaries -
China hails ‘new beginning’ at summit with Japan and South Korea
via ft.comBeijing, Seoul and Tokyo agree to revive talks on free trade deal -
Taiwan president calls on US lawmakers for help to strengthen defences
via ft.comRequest follows Chinese military exercises days after new leader’s inauguration -
Faking it: counterfeit luxury fashion in south-east Asia – a photo essay
via theguardian.comAs counterfeit fashion gets cool, the photographers Miguel Hahn and Jan-Christoph Hartung investigate the prevalence of luxury labels in south-east Asia, where high-end fashion blends with traditional and modern clothingIn some countries in south-east Asia, including Cambodia, Vietnam, Laos and Thailand, a distinctive street style has emerged, characterised by counterfeit luxury fashion. Here, many people sport counterfeits of labels such as Gucci, Louis Vuitton and Prada.Bangkok, Thailand Conti -
Chinese industrial profits return to growth
via ft.comApril rise underlines authorities’ efforts to boost manufacturing -
Papua New Guinea disaster agency tells UN 2,000 people are buried after landslide
via theguardian.comUnstable terrain, remote locations and damaged roads have been hampering relief efforts in the aftermath of the landslide, the UN said The Papua New Guinea national disaster centre has said that Friday’s landslide in a remote village in the northern part of the country buried more than 2,000 people, and has formally asked for international help..Unstable terrain, remote locations and damaged roads have been hampering relief efforts in the aftermath of the landslide, the UN said on Monday. -
Difficult conditions frustrate rescue efforts after landslide buried hundreds in Papua New Guinea
via theguardian.comUN says authorities working to clear debris after Friday’s disaster, while local media report one couple rescued from the rubbleUnstable terrain, remote locations and damaged roads are hampering relief efforts in Papua New Guinea, where more than 670 people were feared killed in a landslide last week, the United Nations said on Monday.Emergency crews, led by Papua New Guinea’s defence personnel, were on the ground in the country’s north, but heavy equipment required for the res -
Hundreds more feared dead after landslide flattens remote Papua New Guinea village – video
via theguardian.comMore than 670 people are believed to have been killed in a massive landslide in Papua New Guinea. The death toll from the landslide on Friday had been estimated at more than 300, but 48 hours later the International Organization for Migration (IOM) said it may be more than double that, with the full extent of destruction still unclearPapua New Guinea landslide death toll exceeds 670, says UN agency Continue reading... -
Much ado about nothing: world’s most relaxed people gather in Seoul for ‘space-out’ competition
via theguardian.comParticipant with the lowest resting heart rate wins contest aimed at reminding workers to stop and take a breather In downtown Seoul, in front of the iconic Gyeongbokgung palace, dozens of people of all ages sit on wet yoga mats, staring into space. Some are dressed in doctors’ and dentists’ uniforms, while others wear the attire of office workers and students. Welcome to the international “space-out competition”.The rules are simple: do absolutely nothing. Falling asleep -
Hong Kong woos Chinese mainlanders eager for more cash and freedom
via ft.comTerritory tries to maintain allure in wake of pandemic and political crackdown -
China needs to look beyond real estate for sources of growth
via ft.comThere is still substantial unmet demand in sectors such as education and healthcare -
FirstFT: China’s Li Qiang delivers a warning to South Korea’s new president
via ft.comAlso in today’s newsletter, Taiwan in political turmoil and SoftBank prepared to commit nearly $9bn a year to AI -
China warns South Korea against politicising trade before Japan talks
via ft.comSupply chains are ‘deeply intertwined’, says premier Li Qiang ahead of summit -
Will Eurozone inflation derail the ECB’s rate cut plans?
via ft.comMarket Questions is the FT’s guide to the week ahead -
Missing Baltic buoys mark out maritime border faultlines
via ft.comRussia and China are challenging the global system of national boundaries at sea and in inland waters -
Papua New Guinea landslide death toll exceeds 670, says UN agency
via theguardian.comMore than 150 homes believed to have been buried by Friday’s landslide, as tribal warfare threatens rescue effortThe estimated death toll from a massive landslide in Papua New Guinea has grown to more than 670, according to the International Organization for Migration.Serhan Aktoprak, the chief of the UN migration agency’s mission in the South Pacific island nation, said the revised death toll was based on calculations by Yambali village and Enga provincial officials that more than 1 -
UN fears 670 people buried under Papua landslide
via bbc.comThe land is still sliding and rescue is difficult, the head of the UN migration agency says. -
Newborn babies die after fire at Delhi hospital
via bbc.comAt least six infants have been killed, officials said, while the hospital's owner has fled.
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