World News in Brief: November 7

The WTO should tackle trade barriers for low carbon industries among other measures aimed at addressing the role of global trade in driving climate change, Director-General Ngozi Okonjo-Iweala said in a report published on Monday.
Japan's benchmark Nikkei stock index closed higher on Monday, tracking gains made on Wall Street, amid hopes the US Federal Reserve may take a more dovish approach ahead towards its monetary tightening policy. (Representative Image)
Japan's benchmark Nikkei stock index closed higher on Monday, tracking gains made on Wall Street, amid hopes the US Federal Reserve may take a more dovish approach ahead towards its monetary tightening policy. (Representative Image)

* Chinese Premier Li Keqiang on Monday called for a stronger China-Cambodia friendship and a closer East Asian cooperation prior to his official visit to Cambodia and attendance at the leaders' meetings on East Asia cooperation.

* The Republic of Korean President Yoon Suk-yeol apologised on Monday for the deadly Halloween crush in Seoul, pledging to hold to account any officials found to be responsible for sloppy responses and to reform police and safety management systems.

* The Manila-based Asian Development Bank (ADB) has approved a 70-million-USD loan to Cambodia to support government efforts to deepen reforms in upper secondary science, technology, engineering, and mathematics (STEM) education across the country, the lender said in a press statement on Monday.

* The Chinese government attaches great importance to addressing climate change and has accelerated the implementation of its "dual carbon" goal in an all-round way, a Chinese delegate said Sunday.

* German Defense Minister Christine Lambrecht on Sunday announced new support from her country to the Lebanese army in maritime surveillance and training.

* The Bangladesh government said on Sunday that it would not take any new mega projects before the next national election. The South Asian country's next national polls will be held in December 2023 or January 2024.

* The New Zealand government is strengthening its efforts to clamp down on money laundering and terrorism financing, making it easier for small businesses and consumers to comply.

* US stock futures slipped in Asia on Monday after Beijing denied it was considering easing its zero COVID-19 policy, helping the dollar recover some losses while dealing a setback to oil and commodities.

* Euro zone finance ministers will discuss on Monday how to better coordinate support for economies against soaring energy prices to reduce the uncertainty such schemes create for their 2023 budgets and to better prepare for a looming recession.

* Indonesia's economy grew by 5.72 percent year-on-year (yoy) in the third quarter of this year, supported by rising exports of certain commodities, Statistics Indonesia (BPS) said on Monday.

* Oman’s crude oil and condensate output increased by 10% year-on-year in the third quarter of 2022 to 289.8 million barrels, the ministry of energy and minerals said on Monday. The country's oil exports increased by 15% year-on-year to 242.8 million barrels for the same period.

* Ethiopia's government and Tigray forces have established a telephone hotline following a truce struck last week, the African Union's chief mediator Olusegun Obasanjo said on Monday.

* Al Shabaab militants attacked a Somali military base in the central Galgaduud region on Monday, the defence ministry and the Islamist group said, days after the area was captured by government forces.

* Rwanda is on course to achieve its target of universal access to electricity by 2024, an official said after the number of households connected to electricity reached 2 million over the weekend.

* Mongolia has planted a total of 10.2 million trees across the country since the launch of its national tree-planting campaign "Billion Trees" last year.

* The number of tourists who arrived in Israel since the beginning of 2022 surpassed 2 million, according to data published by the country's Central Bureau of Statistics on Sunday.

* At least 19 people died when a passenger plane crashed into Lake Victoria in Tanzania on Sunday while trying to land at a nearby airport, the prime minister and airline said.

* Yemen's government forces said on Sunday that it shot down two bomb-laden drones launched by the Houthi militia over the past 24 hours.

* Somalia National Intelligence and Security Agency (NISA) on Sunday killed 21 al-Shabab militants and wounded dozens in central Somalia, the government said.

VNA, Reuters, Xinhua