Xinhua Asia-Pacific news summary at 1600 GMT, June 23-Xinhua

Xinhua Asia-Pacific news summary at 1600 GMT, June 23

Source: Xinhua

Editor: huaxia

2026-06-23 23:58:15

SEOUL -- South Korean stocks dropped nearly 10 percent on Tuesday on big tech sell-offs, triggering a circuit breaker and sidecars to cool down panic-selling.

The benchmark KOSPI dived 910.71 points, or 9.99 percent, to close at 8,203.84, while the smaller KOSDAQ tumbled 76.88 points, or 7.94 percent, to finish at 891.52. (South Korea-Stocks)

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NEW DELHI -- Faced with profound and complex shifts in the international landscape, China stands ready to work with other BRICS members to jointly tackle the pressing challenges confronting humanity and stay firmly on the right course of world historical development, the country's top diplomat Wang Yi said.

Wang, a member of the Political Bureau of the Communist Party of China Central Committee and director of the Office of the Central Commission for Foreign Affairs, made the remarks when attending the 16th Meeting of BRICS National Security Advisors and High Representatives on National Security, where attendees had in-depth exchanges of views on addressing non-traditional security challenges, counter-terrorism, cybersecurity and other issues. (China-BRICS-Meeting)

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TOKYO -- A complaint has been filed with prosecutors against Japanese Prime Minister Sanae Takaichi and her secretary, Takeshi Kinoshita, alleging violations of Japan's political funds control law, including making false entries in political funding reports.

The complaint was filed by Hiroshi Kamiwaki, a constitutional law professor at Kobe Gakuin University, who disclosed the matter on the social media platform X on Monday. (Japan-PM-Complaint)

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ISLAMABAD -- Iranian President Masoud Pezeshkian arrived in Pakistan on Tuesday for an official visit to discuss the ongoing diplomatic efforts following the signing of the U.S.-Iran peace memorandum of understanding.

During the visit, Pakistani Prime Minister Shehbaz Sharif and the Iranian president will hold meetings, exchanging views on bilateral relations, regional and international developments and avenues for enhanced cooperation between Pakistan and Iran. (Pakistan-Iran-Talks)