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Town Hall News

Chinese automaker BYD slams reports of poor conditions at a factory site in Brazil

BANGKOK (AP) — A spokesperson for Chinese automaker BYD has objected to reports about poor conditions at a construction site in Brazil where it is building a factory, saying the allegations were aimed at “smearing” China and Chinese brands. Earlier in the week, a task force led by Brazilian prosecutors said it had rescued 163 Chinese nationals it said were working in “slavery-like” conditions at the site. A video from the Labor Prosecutor’s Office of dorms housing the workers showed […]

todayDecember 26, 2024

Town Hall News

Thousands mark 20 years after deadly Indian Ocean tsunami

By Yuddy Cahya Budiman, Artorn Pookasook and Uditha Jayasinghe (Reuters) – Survivors and families of victims of the Indian Ocean tsunami 20 years ago visited mass graves, lit candles and comforted one another across Southeast and South Asia in ceremonies on Thursday to mark the disaster that killed some 230,000 people. The tsunami on Dec. 26, 2004 was triggered by a 9.1 magnitude quake off the coast of Indonesia’s Aceh province, sending waves as high as 17.4 meters (57 feet) […]

todayDecember 26, 2024

Town Hall News

Israeli security minister enters Al-Aqsa mosque compound ‘in prayer’ for Gaza hostages

JERUSALEM (Reuters) – Israel’s ultranationalist security minister ascended to the Al-Aqsa mosque compound in Jerusalem on Thursday for what he said was a “prayer” for hostages in Gaza, freshly challenging rules over one of the most sensitive sites in the Middle East. Israel’s official position accepts decades-old rules restricting non-Muslim prayer at the compound, Islam’s third holiest site and known as Temple Mount to Jews, who revere it as the site of two ancient temples. Under a delicate decades-old “status […]

todayDecember 26, 2024

Town Hall News

Russia’s security must be guaranteed by any Ukraine peace deal, Lavrov says

MOSCOW (Reuters) -Russia sees no point in a weak ceasefire to freeze the war in Ukraine but Moscow wants a legally binding deal for a lasting peace that would ensure the security of both Russia and its neighbours, Foreign Minister Sergei Lavrov said on Thursday. “A truce is a path to nowhere,” Lavrov said, adding that Moscow suspected such a weak truce would be simply used by the West to re-arm Ukraine. “We need final legal agreements that will fix […]

todayDecember 26, 2024

Town Hall News

Kazakhstan’s senate chief: cause of Azerbaijan Airlines plane crash unknown for now

ASTANA (Reuters) – Kazakhstan’s senate chairman said on Thursday that the cause of the Azerbaijan Airlines plane crash was still unknown. “None of these countries – neither Azerbaijan, Russia nor Kazakhstan – is interested in hiding information. All information will be made available to the public,” Ashimbayev Maulen said. An Embraer passenger jet crashed near the city of Aktau in Kazakhstan on Wednesday, killing 38 people, after diverting from an area of Russia that Moscow has recently defended against Ukrainian […]

todayDecember 26, 2024

Town Hall News

BYD contractor denies ‘slavery-like conditions’ claims by Brazilian authorities

BEIJING (Reuters) – Chinese electric vehicle producer BYD’s contractor Jinjiang Group stated on Thursday that the Brazilian authorities’ portrayal of their employees as enslaved is completely inconsistent with the facts. “Being unjustly labeled as ‘enslaved’ has made our employees feel that their dignity has been insulted and their human rights violated, seriously hurting the dignity of the Chinese people. We have signed a joint letter to express our true feelings,” Jinjiang said in its official Weibo account. Brazilian authorities earlier […]

todayDecember 26, 2024 1

Town Hall News

South Korea’s Shinsegae to set up joint venture with Alibaba International

SEOUL (Reuters) – South Korean retailer Shinsegae Group plans to set up a joint venture with Alibaba International, Shinsegae affiliate E-Mart said on Thursday. The joint venture will be formed partly by Shinsegae investing its 100% stake in South Korean e-commerce platform Gmarket, it said in a regulatory filing. AliExpress Korea and Gmarket will be incorporated into the joint venture, which will be set up in 2025. But the two platforms will continue to be operated independently, Shinsegae said in […]

todayDecember 25, 2024 1

Town Hall News

China revises up 2023 GDP to $17.73 trillion

BEIJING (Reuters) – China on Thursday revised up its 2023 gross domestic product (GDP) by 2.7% to 129.4 trillion yuan ($17.73 trillion), the head of the National Bureau of Statistics Kang Yi said at a press conference in Beijing. China’s fifth National Economic Census, released by the bureau on Thursday, showed more business entities and number of people employed in the secondary and tertiary industries at end-2023 compared with end-2018. But people employed in property developers dropped 27% to 2.71 […]

todayDecember 25, 2024

Town Hall News

Signify ordered by court to recall products infringing on patents, Seoul Semiconductor says

SEOUL (Reuters) – Signify, the world’s biggest lighting maker, has been ordered by a German court to recall and destroy some of its products sold since 2017 that are seen infringing on patents of Seoul Semiconductor, the South Korean firm said on Thursday. The court in Düsseldorf, Germany, also ruled that a fine of up to 250,000 euros ($259,925) would be imposed for each violation of this order, Seoul Semiconductor said in a statement. The Netherlands-based Signify, spun off from […]

todayDecember 25, 2024

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