TOKYO : Group of Seven leaders on Saturday agreed to a new initiative to counter economic coercion, and pledged action to ensure that any actors attempting to weaponise economic dependence would fail and face consequences.
"The world has encountered a disturbing rise in incidents of economic coercion that seek to exploit economic vulnerabilities," the G7 leaders said in a statement following a meeting in Hiroshima, Japan. In a statement posted Saturday on its website, China's embassy in Britain warned the G7 countries that any words or deeds harming Beijing's interests would be met with"firm and resolute countermeasures".
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Hong Kong's CK Group never withdraws from any markets - chairmanHONG KONG : Hong Kong's CK Group has never withdrawn from any markets despite some asset sales in Europe, its chairman said on Thursday, following recent media reports it was shifting its focus back to Hong Kong and Mainland China. Victor Li, chairman of CK Hutchison and CK Asset, said at an annual genera
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
New dinosaur found in Spain illuminates history of meat-eating groupThe bipedal dinosaur, named Protathlitis cinctorrensis, was about 10 to 11 metres long and weighed about 2 tonnes. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »
China says it will resume group tours for Taiwan residents to mainlandThe move is largely symbolic as Taiwan still bars its own population from travelling to China. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »
Young onset dementia: Growing group faces financial, social challengesOver the past 10 years, there has been a steady increase in the number of newly diagnosed young onset dementia cases. Read more at straitstimes.com.
Source: straits_times - 🏆 5. / 69 Read more »
Sony eyes finance unit listing, doubles down on entertainmentTOKYO - Sony Group Corp on Thursday (May 18) said it is examining a partial spin-off of its financial business just three years after taking full control, as the conglomerate doubles down on entertainment and image sensors. Sony said it is considering a time frame of two to three years to spin off Sony Financial Group - whose operations include...
Source: asiaonecom - 🏆 10. / 59 Read more »
Ukraine's President Zelenskyy to attend Japan G7 summit in person on SundayHIROSHIMA: Ukrainian President Volodymyr Zelenskyy will travel to Hiroshima to attend the Group of Seven (G7) summit on Sunday, Japan's foreign ministry announced on Saturday (May 20). He will also hold a bilateral meeting with Japanese Prime Minister Fumio Kishida during his stay. Zele
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »