Azerbaijan women's basketball team clinch historic win in European cup final
The Azerbaijani women’s 3x basketball team clinched the silver medal at the European Cup to make history at the just concluded tournament in Copenha...
Japan has begun investigating whether nickel-based stainless steel sheets shipped from China and Taiwan are being dumped on its market at up to 50 % below home-market prices, the trade and finance ministries said on Tuesday.
The Ministry of Economy, Trade and Industry and the Ministry of Finance said the probe—requested by Nippon Steel and other domestic makers on 12 May—will run for up to a year before officials decide whether to impose punitive duties.
The petitioners allege the imports are sold in Japan at 20% - 50% less than comparable products in China and 3%- 20% less than those in Taiwan, forcing Japanese producers to discount their own prices and eroding operating profit.
Nippon Steel and its peers say they have struggled to pass on higher input costs, notably for nickel, since buyers switched to cheaper foreign supplies as domestic demand cooled.
Excess output from China—responsible for more than half of the world’s crude steel production, according to industry group worldsteel has become a global flashpoint, with the European Union, India and the United States already applying anti-dumping or safeguard measures. Japan has so far held back.
Tadashi Imai, chairman of the Japan Iron and Steel Federation and president of Nippon Steel, has warned that a rise in protectionism elsewhere could leave Japan exposed to a surge of low-priced imports, undermining domestic capacity.
China’s commerce ministry did not immediately comment on the Japanese action, while Taiwan’s economy ministry said it was still examining the notice.
If Tokyo decides to levy duties, it would mark the first time Japan has targeted Chinese steel with anti-dumping tariffs, potentially inflaming trade tensions with its largest trading partner.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
The Azerbaijani women’s 3x basketball team clinched the silver medal at the European Cup to make history at the just concluded tournament in Copenhagen, Denmark.
South Korean and Japanese defence ministers agreed on Monday to strengthen cooperation with Washington in response to North Korea’s nuclear threats and growing military ties with Russia, Seoul’s defence ministry said.
The Indonesian government removed finance minister Sri Mulyani Indrawati in a cabinet reshuffle on Monday, state secretariat minister Prasetyo Hadi said.
Five people were killed in a shooting at a bus stop on the outskirts of Jerusalem on Monday, Israel's ambulance service said, while the police said the perpetrators had been killed.
Kazakhstan has launched Space Days 2025, a landmark international forum in Almaty that gathers astronauts, scientists, policymakers, and investors from across the globe to debate the future of space technology, education, and cooperation.
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