Japan, Russia to sign 29 economic deals www.nhk.ro.jp

Japan and Russia have agreed to sign 29 deals to move forward on an economic cooperation plan proposed by Japanese Prime Minister Shinzo Abe last year.

Mongolian aviation revenue increases www.news.mn

The revenue of the Mongolian aviation industry reached 56.75 billion MNT, a nine percent increase compared to the previous year, and the industry’s number of customers served rose to 152,200 in the first quarter of 2017, reported the National Statistics Office (NSO).

Erdenet Mining Corporation named Best Business of 2016 www.montsame.mn

Ulaanbaatar /MONTSAME/ “Corporate sector produces 80 percent of GDP, providing 90 percent of jobs on the national level”, remarked Prime Minister J.Erdenebat during a ceremony to award the best 100 Businesses of 2016 hosted in State House on April 27, Thursday.

Mongolian senior invited to Queen Elizabeth’s birthday www.montsame.mn

Ulaanbaatar /MONTSAME/ Senior citizen of Mongolia Ts.Tsesendolgor has been invited to the birthday celebration of the Queen Elizabeth II of the United Kingdom, which will be held on June 17. Mrs. Ts.Tsesendolgor was chosen to be invited through application “what3words” and the Permanent Under-Secretary of State for Foreign and Commonwealth Affairs Simon McDonald and Ambassador of the UK to Mongolia Catherine Arnold handed over the invitation letter to Mrs Ts.Tsesendolgor on April 27, visiting her home in Khan-Uul district of Ulaanbaatar.
The Queen celebrates two birthdays every year: her actual birthday falls on 21 April and her official birthday on the second Saturday of June.

China Unicom to cut roaming charges along Belt and Road www.chinadaily.com.cn

TIANJIN - Telecom giant China Unicom will lower international roaming charges in countries and regions along the Belt and Road starting May 1.

Google becomes first foreign tech firm to set up shop in Cuba www.rt.com

Samsung flags record profits despite Galaxy Note fiasco & corruption probe www.rt.com

United Airlines reaches settlement with passenger dragged from plane www.reuters.com

United Airlines (UAL.N) and the passenger who was dragged from a Chicago flight earlier this month have reached a settlement for an undisclosed sum, they said on Thursday, in the carrier's latest step to contain damage from an incident that sparked international outrage.

Brexit not deterring Asian investors from UK property market www.bbc.com

Investing in property is a mainstay of most Asian portfolios and the UK has typically been among the most desirable of destinations.
Recent data suggests that despite the uncertainty created by Brexit and the upcoming general election, Asian investors are flocking to the UK's shores more than ever before.
Research from property investment firm JLL indicates that Asian investors accounted for 28% of the transactions in the UK property market in 2016, up from the 17% the year before.
London in particular continues to be a strong attraction, especially for Asian families who have long had a link to the city.
Pamela Kirpalani's family is originally from India, but she now lives and works in Singapore and runs her own training consultancy, Singapore Inner High Living. Her family are long time investors in the UK property market.
'London is London'
"London for us will always be a safe haven," she told me.
"Our families are spread across India and Singapore and eventually we would like our kids to go to college [in the UK]."
Pamela's family has recently bought their third place in the heart of the city.
"London is London," she said. "Even with the panic of Brexit, and things go up and down in the economy, property prices in the centre of London just always bounce back. So you just can't go wrong with that kind of investment."
It's investors like Pamela that led Manchester-based Select Property to set up an office in Singapore in 2015.
Elliot Vure is the Asia sales manager for the firm. He showed me a model of the latest development - Affinity Living - that the company is building in Manchester, and selling in Asia. On average one of the flats in the building costs about £275,000.
"We've probably seen 30% to 40% of the development being sold to Asian investors," he told me as we toured the firm's offices in Singapore.

Mr Vure added that there's a unique aspect to the way Asians buy their property in comparison to other buyers.
"The vast majority of almost all of the investors in this region are cash purchasers. There's no real desire to get a mortgage," he said.
"People in the UK look for financing and a mortgage, but in Asia it seems to be the opposite."
A lot of that wealth is coming from China, which has been one of the biggest buyers of UK property in the last year, buoyed by the weaker pound in the wake of the uncertainty caused by Brexit.
According to Juwai.com, which calls itself China's leading international property portal, growth in the enquiries into UK property in the last 12 months has jumped 60%, and Chinese buyers are increasingly interested to the UK.
"A lot of our buyers are the average Chinese mom and pop looking to invest overseas," Sue Jong, the chief operating officer of Juwai.com told me.
"The large portion is the middle to upper middle class, that's interested in a good stable investment and may be thinking about emigrating or sending their kids to school there."
The demand for property amongst Asian investors has convinced many that this is a market worth expanding in.

Asian investors have not been deterred by the prospect of Brexit
But it's not just physical properties that Asians may be interested in buying.
Prop-X is a property exchange launching later this year, offering Asian investors a shot at owning a share of a property, without so many of the risks.
"What seems to be a fundamental part of the culture is that Asian investors have had a preference for investing in bricks and mortar," chief executive Rohin Modasia told me.
"It's a long standing trend. Post the global financial crisis, the UK has performed pretty well. And Asian investors now are more willing to say I've seen it happen, I've seen my friends do it, and I'm keen to get in on the action."
By some estimates, two thirds of the global middle class by 2030 will be living in Asia. They've been the driving force behind investor appetite in global real estate markets, including the UK's.
As Asia's middle classes get richer and more aspirational, that appetite is only likely to grow.

Mongolian media goes dark to protest press freedom threat www.dnaindia.com