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North Korea bars foreign tourists from new seaside resort
North Korea bars foreign tourists from new seaside resort
Economy
by  AFP

North Korea has barred foreigners from a newly opened beach resort, the country's tourism administration said this week, just days after Russia's top diplomat visited the area. But following Lavrov's visit, the North's National Tourism Administration said "foreign tourists are temporarily not being accepted" without giving further details, in a statement posted on an official website this week.

Asian markets on course to end week on a positive note
Asian markets on course to end week on a positive note
Economy
by  AFP

Asian markets headed into the weekend on a broadly positive note Friday, as investors took up New York's latest record highs sparked by healthy US retail data and upbeat earnings from some of Wall Street's big names. "Cost-of-living concerns have dominated the campaign for this weekend's upper house election," wrote Stefan Angrick, head of Japan and frontier markets economics at Moody's Analytics.

Japan's SMEs ready to adapt to Trump tariffs
Japan's SMEs ready to adapt to Trump tariffs
Economy
by  AFP

Small and medium-sized firms like Mitsuwa Electric that form the backbone of Japan's economy have weathered many storms over the decades, and company president Yuji Miyazaki is hopeful they will also withstand Donald Trump. With 100 employees, Mitsuwa Electric is not a household name.