In his remarks, the Foreign Minister gave a thorough introduction of the policy, actions and measures carried-out by the Government of Mongolia towards the protection and promotion of human rights on a national level and in international fora. Watch full remarks by Minister Ts.Munkh-Orgil here.

During his participation in the Human Rights Council, Minister Ts.Munkh-Orgil met with international high level representatives, such as Director-General of the United Nations Office at Geneva Michael Møller, High Commissioner of the Office of the United Nations High Commissioner for Human Rights Zeid bin Ra'ad, Deputy Secretary-General of United Nations Conference on Trade and Development (UNCTAD) Joachim Reiter, Foreign Minister of Kazakhstan Kairat Abdrakhmanov, Foreign Minister of Albania Ditmir Bushati and Minister for International Development and the Pacific of Australia Concetta Fierravanti-Wells to discuss bilateral ties and international issues of mutual concern.

Also, Ministry of Foreign Affairs Ts.Munkh-Orgil and Minister of Foreign Affairs of Albania Ditmir Bushati signed an agreement for between the Government of Mongolia and the Council of Ministers of Albania on mutual visa exemption for diplomatic and official passport holders.

Established in 2006, the Human Rights Council, is an intergovernmental body within the United Nations system made up of 47 States responsible for the promotion and protection of all human rights around the globe. In October 2015, Mongolia was elected as a Human Rights Council member and will be serving as a member until 2018 to contribute in the activities of the international community on human rights protection and promotion and to be involved in the decision-making process of the council.

It is expected that the Cabinet would submit the amendments to the Parliament soon after working days start tomorrow on March 2, following the public holidays of the Lunar New year - Tsagaan Sar. Then, the latter would call irregular session to discuss the budget adjustments.

Although the exact date of the irregular session has yet to be announced, Mongolian lawmakers will most likely convene within the next week. Some sources, including eagle.mn Mongolian news website, say the irregular session will be opened on March 6, Monday.

The spring session of the parliament normally commences in April every year.

Haier said its multimedia company, which is positioned as an operating platform of Haier's TV business, planned a share transfer and capital boost.

Under the terms of the deal Qingdao Haier will own 20.2 percent in the multimedia firm, paying 525 million yuan ($76.4 million), while Alibaba will own 25.25 percent after the transaction, paying 657 million yuan ($95.6 million).

A statement released late Monday by Qingdao Haier said the move would help build up Haier's smart home product offering and secure more television users.

The announcement said Haier and Alibaba would combine the strengths of both companies to launch innovative products and cater to market demands.

Alibaba said with the further integration of the real economy and new technology, the two sides would strengthen their cooperation to promote intelligent home appliance products and services.

Last year revenues of Haier's multimedia firm totaled 6.7 billion yuan ($975 million), with net profit of 113 million yuan.

"Haier hopes to beef up the content development of its TV business through cooperation with internet giant Alibaba and as a traditional company to explore a new development mode," said Zhang Yanbin, assistant director of All View Cloud, a Beijing-based consultancy specializing in home appliances.

"Haier attaches great importance to its TV business. The operation will make the two sides make full use of their resources and complement each other with advantages."

Zhang said internet TV brands such as LeEco and. Xiaomi Corp had strengths in TV content and value-added services, which traditional home appliance manufacturers could learn from.

Founded in 1984, Haier has been the household electrical appliances brand with the highest sales volumes in the global market for several consecutive years, according to consultancy Euromonitor International.

Softbank executives say the startup group it backs, One-Web, agreed to the merger with satellite operator Intelsat.

They also say Softbank will invest 1.7 billion dollars in the combined company to take a nearly 40 percent voting stake.

Softbank said in December that it would invest a billion dollars in One-Web. The venture is to launch small satellites orbiting Earth at low altitudes to provide Internet connectivity.

Intelsat operates a worldwide satellite communication network for the broadcasting and telecom industries.

Softbank Group Chairman and CEO Masayoshi Son says the latest plan is in line with his firm's strategy of investing in innovative technology.

China overtook South Africa as the number one miner of the metal in 2007. China's Ministry of Industry and Information Technology (MIIT) expects gold output to grow by an average 3% annually through 2020.

Last year output rose less than 1% to 453.5 tonnes according to the ministry:

[The MIIT] aims to consolidate and upgrade the industry by reducing the number of gold miners to around 450 from more than 600, and shutting down 40 tonnes of outdated production capacity by the end of 2020.
Last year, global gold demand increased 2% to 4,309 tonnes, the highest since 2013, but the improvement was mainly on the back of investment purchases in the West as physical demand from top consumers China and India fell data from the World Gold Council showed.

Coal accounted for 62% of the nation’s energy mix last year, down from 64% in 2015, and it is expected to fall further under the current five-year plan of capping it at 55% by 2020, the National Bureau of Statistics said.

Coal accounted for 62% of the nation’s energy mix last year, down from 64% in 2015.
Last month, Beijing resumed efforts to cut local coal mines’ output by 800 million tonnes a year until 2020. Authorities have also made public its intention of modernizing China’s coal-fired power plants by the end of the decade in an effort to cut “polluting” emissions by 60%.

The government also aims to add over 20 million kilowatts of installed wind power and more than 15 million kilowatts of installed photovoltaic power by the end of the decade, which underlines the country’s shift towards renewable energy.

Consumption of renewable sources, in fact, went up by 1.7% last year when compared to 2015, accounting for 19.7% of the country’s total energy mix.

Today’s figures suggest that China's CO2 emissions may drop by as much as 1% in 2017, Greenpeace said in a statement, adding it would be the "fourth year in a row of either zero growth or a decline" for the nation.

They also reinforce "China's growing status as a global climate leader, and sends a strong signal to US President Trump that his dirty energy agenda will send the American economy in the wrong direction," Greenpeace said.

According to the environmental campaigner group, China is virtually certain to overachieve its 2020 climate targets and could be on track to a much earlier CO2 peak if the rapid shift to clean energy and away from over-reliance on polluting industries continues.

According to the regulators, other firms were found to have used false documentation and fabricated trades to transfer money out of the country.

The authorities in particular cracked down on 'ant moving' strategies whereby large sums of money were transferred out of China in small portions to avoid detection.

"Underground banking has become a major channel used for money laundering and illegal cross-border transfer of funds," said the Ministry of Public Security.

"It creates an enormous black hole of funds, severely disrupting normal financial supervision and endangering the economic safety of the nation," it added.

Last year Chinese police busted more than 380 underground banks, involving more than $131 billion (900 billion yuan). More than 800 suspects were arrested.

Chinese regulators have intensified their fight against irregularities in the foreign exchange market, following the acceleration of capital flight.

The government has taken restrictive measures limiting cash withdrawals abroad as foreign exchange reserves unexpectedly fell below the $3 trillion level in January for the first time in nearly six years.

Chinese nationals have been moving their money offshore over fears of a weakening economy and with confidence that investments were safer outside the country.

To bolster the bond market and attract more foreign investment SAFE allowed foreign investors in the country’s interbank bond market to trade derivatives for the first time.

The head of SAFE Pan Gongsheng said this week China's foreign exchange market was relatively stable and cross-border capital flows were becoming more balanced.

Gross domestic product grew at a slightly slower pace in the third quarter of the fiscal year that began in April 2016 compared with the 7.4% uptick in the July-September period and the 7.2% growth in the previous quarter, showed data released by the Central Statistics Office on Tuesday.

The CSO also retained its full-year growth forecast of 7.1%, against 7.9% in the financial year that ended in March 2016. It recently upgraded the country's GDP growth for the previous fiscal year from an earlier estimate of 7.6%.

Tuesday's numbers came as a surprise as many analysts had expected the third quarter expansion to be below 6.5%, especially because the demonetization drive appeared to have hit consumption and business activity. A Reuters poll of economists had projected December-quarter GDP growth at 6.4%, while the State Bank of India's research department expected it to be 5.8%.

However, analysts found it strange that the CSO data showed 10% growth in private consumption in the quarter, the first such double-digit growth in India under the Modi government.

"What is important to note is that the agriculture sector has shown very robust growth at 6%," Economic Affairs Secretary Shaktikanta Das told reporters. Manufacturing growth at 8.3%, unaffected by demonetization, "is again very, very satisfying," he added, commenting on the CSO data.

The third-quarter GDP figure also means that India remains the fastest-growing major economy in the world, surpassing China's 6.8% growth in October-December.

At a media briefing by chief statistician TCA Anant, reporters wondered whether the impact of demonetization was factored into the third-quarter estimates.

"As of now, the data which is available has been captured in these estimates," Anant responded.