logo
2 Japanese men killed in China after business dispute

2 Japanese men killed in China after business dispute

Chinese police notified the Japanese consulate in Shenyang on May 25 about the killings. (AFP pic)
TOKYO : China's foreign ministry said today that two Japanese men killed last month in the northeastern city of Dalian were business partners of the suspect and authorities were investigating.
Dalian police confirmed the case in a statement today and said a 42-year-old male suspect of Chinese nationality has been arrested.
He had lived in Japan for a long time, the statement said.
The two victims were business partners of the suspect who had entered China temporarily, police said, adding that the incident was triggered due to business conflicts.
Kyodo News had reported the incident earlier today, citing the Japanese embassy in China.
Chinese police notified the Japanese consulate in Shenyang on May 25 about the killings, the report said.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

US may target Samsung, Hynix, TSMC operations in China, sources say
US may target Samsung, Hynix, TSMC operations in China, sources say

Malay Mail

time31 minutes ago

  • Malay Mail

US may target Samsung, Hynix, TSMC operations in China, sources say

WASHINGTON, June 21 — The US Department of Commerce is considering revoking authorisations granted in recent years to global chipmakers Samsung, SK Hynix and TSMC, making it more difficult for them to receive US goods and technology at their plants in China, according to people familiar with the matter. The chances of the United States withdrawing the authorisations are unclear. But with such a move, it would be harder for foreign chipmakers to operate in China, where they produce semiconductors used in a wide range of industries. A White House official said the United States was 'just laying the groundwork' in case the truce reached between the two countries fell apart. But the official expressed confidence that the trade agreement would go forward and that rare earths would flow from China, as agreed. 'There is currently no intention of deploying this tactic,' the official said. 'It's another tool we want in our toolbox in case either this agreement falls through or any other catalyst throws a wrench in bilateral relations.' Shares of US chip equipment makers that supply plants in China fell when the Wall Street Journal first reported the news earlier yesterday. KLA Corp dropped 2.4 per cent, Lam Research fell 1.9 per cent and Applied Materials sank 2 per cent. Shares of Micron, a major competitor to Samsung and SK Hynix in the memory chip sector, rose 1.5 per cent. A TSMC spokesman declined comment. Samsung and Hynix did not immediately respond to requests for comment. Lam Research, KLA and Applied Materials did not immediately respond, either. In October 2022, after the United States placed sweeping restrictions on US chipmaking equipment to China, it gave foreign manufacturers like Samsung and Hynix letters authorising them to receive goods. In 2023 and 2024, the companies received what is known as Validated End User status in order to continue the trade. A company with VEU status is able to receive designated goods from a US company without the supplier obtaining multiple export licenses to ship to them. VEU status enables entities to receive US-controlled products and technologies 'more easily, quickly and reliably,' as the Commerce Department website puts it. The VEU authorisations come with conditions, a person familiar with the matter said, including prohibitions on certain equipment and reporting requirements. 'Chipmakers will still be able to operate in China,' a Commerce Department spokesperson said in a statement when asked about the possible revocations. 'The new enforcement mechanisms on chips mirror licensing requirements that apply to other semiconductor companies that export to China and ensure the United States has an equal and reciprocal process.' Industry sources said that if it became more difficult for US semiconductor equipment companies to ship to foreign multinationals, it would only help domestic Chinese competitors. 'It's a gift,' one said. — Reuters

Dr Wee officiates the launch of Malaysian Business Law Review 2025/2026 Edition
Dr Wee officiates the launch of Malaysian Business Law Review 2025/2026 Edition

The Star

timean hour ago

  • The Star

Dr Wee officiates the launch of Malaysian Business Law Review 2025/2026 Edition

PETALING JAYA: Dr Wee Ka Siong officially launched the Malaysian Business Law Review 2025/2026 Edition, a joint publication by RDS Partnership and DeHeng Law Office, at the Asian International Arbitration Centre. In a Facebook post on Friday (June 20), the MCA president wrote that with China-Malaysia trade reaching new heights and Malaysia's strategic role growing within Asean and Bricks, the demand for legal clarity and accessible guidance has never been more critical. 'This publication, particularly tailored for Chinese investors, provides an insightful overview of Malaysia's business legal framework, from corporate to tax law,' wrote Dr Wee. He stated that the book, published in Chinese, improves accessibility for Chinese-speaking legal professionals in Malaysia and enables Malaysian perspectives to be more visible and understood within the broader Belt and Road legal discourse. 'Congratulations to the editorial team and all contributors on this meaningful milestone. May this review continue to grow as a platform for legal and business dialogue in our region,' wrote Dr Wee.

Dr Wee: Top brass will weigh grassroots' views on future of MCA
Dr Wee: Top brass will weigh grassroots' views on future of MCA

The Star

time2 hours ago

  • The Star

Dr Wee: Top brass will weigh grassroots' views on future of MCA

KUALA LUMPUR: MCA's top leadership will take into account feedback from the grassroots before making any decision on the party's future direction, says party president Datuk Seri Dr Wee Ka Siong. He was responding to resolutions passed unanimously by several MCA divisions during their annual general meetings calling for Barisan Nasional (BN) to be dissolved. MCA's 191 divisions are currently holding meetings to propose resolutions on the party's future. The resolutions urged the party to transform itself into an independent national political entity and contest future general elections under the MCA logo. They also firmly rejected any form of political cooperation with DAP. Dr Wee said the MCA Central Committee would carefully consider the views expressed by grassroots members. 'The party leadership will listen to the voices on the ground. I myself have visited several states to engage with members and hear their views. (Left to Right) Datuk Seri Dr Wee Ka Siong, Michael Soo and Raphael Tay delivering a special address and attending the book launch of Malaysia Business Law Review at a talk on Navigating the Impact of Tariffs on China-Malaysia Trade. — AZLINA ABDULLAH/The Star 'When the time comes to decide, the Central Committee will make its decision,' he said after attending the Malaysian Business Law Review book launch yesterday. Dr Wee said June is the month when MCA state-level divisions hold their annual general meetings, and these provide a good opportunity to gauge wider sentiments. Dr Wee stressed that while the leadership respects the grassroots members' views, the party's immediate focus is preparing for the upcoming state elections. 'With a few state polls approaching, MCA's priority now is to be well-prepared for those contests,' he said. All MCA divisions across the peninsula and in Sabah are currently convening for their annual general meetings (AGMs), with state-level AGMs scheduled for next month. The party does not have a presence in Sarawak. However, Barisan chairman Datuk Seri Dr Ahmad Zahid Hamidi in an earlier statement said he was confident that MCA would remain in the coalition, despite possible calls within the party to push for a departure. Meanwhile, on the tariffs imposed by the US administration on Malaysian goods, Dr Wee, who is also Ayer Hitam MP, said the three-month grace period would end on July 9. 'Only then will we fully understand the extent of the impact. Negotiations are ongoing, and I wish Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz, who is currently in Washington DC leading the talks, and the Malaysian delegation all the best,' he said. Dr Wee pointed out that Malaysia's trade deficit with the US stands at just 5.6% – a far cry from the 47% figure previously cited by American officials. 'There is a significant disparity in the data. Dialogue is the way forward that would serve the interests of both nations.' Malaysia faces a 24% tariff on certain exports to the US unless both sides can reach an agreement before the 90-day pause. Separately, Prime Minister Datuk Seri Anwar Ibrahim revealed that ongoing negotiations with the US over its unilateral tariffs are progressing well. Earlier, Dr Wee officiated the launch of the Malaysian Business Law Review, a joint publication by RDS Partnership and DeHeng Law Office. The book aims to provide Chinese investors with accessible, Mandarin-language insights into Malaysia's business legal landscape. He said the book's focus on key areas such as corporate law, intellectual property, taxation and employment law makes it a valuable reference for investors. 'The use of Mandarin enhances accessibility for Chinese-speaking legal professionals and helps position Malaysian legal perspectives within the broader Belt and Road legal discourse,' he said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store