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Experts: US bank collapse result of failure to adhere to core activities

The collapse of Silicon Valley Bank will not affect China's banking industry but has highlighted the importance for banks of adhering to their primary business, serving the real economy, balancing their asset-liability structure and steering clear of excessive liquidity risk, experts said.
Yangtze River China General United States Zeng Gang Zhang Qiaoyun Santa Clara

JAXA's H-3 rocket launch fails again, key satellite lost | The Asahi Shimbun: Breaking News, Japan News and Analysis

The second attempt was not the charm either for Japan’s new flagship H-3 rocket, whose launch ended in failure after the second-stage engine failed to ignite, according to the Japan Aerospace Exploration Agency.
Japan General Keiko Nagaoka Tanegashima Space Center Japan Aerospace Exploration Agency Mitsubishi Heavy Industries Ltd Japan Aerospace Exploration
Source: asahi.com

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Study: Shrinking ice leads to more powerful waves in Sea of Okhotsk | The Asahi Shimbun: Breaking News, Japan News and Analysis

SAPPORO—Winter waves in the Sea of Okhotsk have strengthened by 12 to 15 percent on average per decade since the 1980s as global warming has shrunk flow-blocking sea ice and drift ice, data showed.
United States Shinsuke Iwasaki Civil Engineering Research Institute For Cold Region Coastal Research Team Public Works Research Institute Cold Region
Source: asahi.com

Shanghai rolls out plan for sci-tech innovation park, targeting over 1,000 high-tech companies by 2025

Shanghai rolled out on Monday the development plan for the Grand neoBay Sci-Tech Innovation Park, with over 1,000 high-tech enterprises expected to be settled by 2025, striving to form a new development pattern that would complement the development of the areas along the Huangpu River by 2035, which would be comparable to the world-class science and innovation bay areas.
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