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TANMEN China: On China's southern Hainan island, a fishing boat captain shows a Reuters reporter around his ageing vessel. He has one high-tech piece of kit, however: a satellite navigation system that gives him a direct link to the Chinese coastguard should he run into bad weather or a Philippine or Vietnamese patrol ship when he's fishing in the disputed South China Sea.
WITH or without a positive Government policy, the marine product manufacturing sector is expected to grow significantly in the future and will benefit players such as QL Resources Bhd.
LONDON: Frozen fish sticks and canned salmon have made a comeback as the coronavirus crisis keeps people home, forcing a change of tack for the fishing industry that usually turns to restaurants from Paris to New York and Shanghai to serve their fresh seafood.
TOKYO: Should the escalating spat between Japan and China over disputed islands evolve into a full-blown diplomatic battle, the economic fallout could include derailing delicate talks over developing potentially lucrative undersea gas fields between the two Asian giants.
BRUSSELS: European and Asian leaders, including Malaysian Prime Minister Datuk Seri Mohd Najib Tun Abdul Razak, will seek common ground on ways to fix and regulate the global financial market but will likely be bogged down by such issues as market restrictions and trade surpluses during three days of summits.
HANOI, Vietnam: Vietnam has chosen Japan as a partner to mine rare earth metals and develop nuclear power in the Communist country, Japanese Prime Minister Naoto Kan said Sunday.
NAIROBI, Kenya: Somali pirates captured a Greek-flagged supertanker carrying an estimated $150 million worth of oil to the Gulf of Mexico, the second successful attack against an oil tanker by sea bandits in two days, officials said.