1 CHINA’S MONGOLIAN COAL IMPORTS UP 20% IN OCT, RUSSIAN IMPORTS SLIP 18% WWW.BRECORDER.COM  PUBLISHED:2025/11/21      2 S.KOREA-MONGOLIA JOINT COMMITTEE MEETING REAFFIRMS MINERAL COOPERATION WWW.KOREAPOST.COM PUBLISHED:2025/11/21      3 TEAM MONGOLIA FROM PHYSICAL ASIA: WHERE ARE THEY NOW? WWW.MOVIEDELIC.COM PUBLISHED:2025/11/21      4 N.UCHRAL: I’LL BE LENIENT WITH THE RIGHT, STRICT WITH THE WRONG WWW.GOGO.MN PUBLISHED:2025/11/20      5 MONGOLIAN BANKING SECTOR'S NET FOREIGN ASSETS DECLINE 16.1 PCT IN OCTOBER WWW.XINHUANET.COM PUBLISHED:2025/11/20      6 ON THE TALKS OF SECRETARY-GENERAL WITH THE MINISTER OF FOREIGN AFFAIRS OF MONGOLIA WWW.ENG.SECTSCO.ORG PUBLISHED:2025/11/20      7 MONGOLIA UNIFIES TO COMBAT NEW THREATS TO SNOW LEOPARDS WWW.SNOWLEOPARD.ORG PUBLISHED:2025/11/20      8 AMERICAN-CANADIAN BILLIONAIRE OPENS $2-BILLION PLATINUM MINE IN SOUTH AFRICA WWW.AFRICA.BUSINESSINSIDER.COM PUBLISHED:2025/11/20      9 EDUCATION INFRASTRUCTURE: 12 SCHOOLS, 24 KINDERGARTENS SET FOR 2025 LAUNCH WWW.MONTSAME.MN PUBLISHED:2025/11/20      10 MONGOLIA JAPAN HOSPITAL INTRODUCES SELECTIVE LASER TRABECULOPLASTY SYSTEM WWW.AKIPRESS.COM PUBLISHED:2025/11/20      Н.УЧРАЛ: ХУУЛЬ ТОТООХ ДЭЭД БАЙГУУЛЛАГААС ХУЛГАЙН СЭЖИГТНҮҮД БИШ ХУУЛЬ ТӨРЖ БАЙХ ЁСТОЙ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/11/21     ТЭРБУМ МОД САНГИЙН ТӨСЛИЙН СОНГОН ШАЛГАРУУЛАЛТ ЗАРЛАГДЛАА WWW.BILLIONTREE.MN НИЙТЭЛСЭН:2025/11/20     ОЙЖУУЛАЛТАД ХАМГИЙН ИХ ХӨРӨНГӨ ОРУУЛАЛТ ХИЙЖ БАЙГАА ХУВИЙН ХЭВШЛИЙН САНГААР ТЭРБУМ МОД САНГ НЭРЛЭЛЭЭ WWW.BILLIONTREE.MN НИЙТЭЛСЭН:2025/11/20     МОНГОЛД ГАДНЫ БАНК НЭЭХ НЬ ХЭРЭГЛЭГЧДЭД ӨГӨӨЖТЭЙ Ч ДОТООДЫН БАНК САНХҮҮГИЙН САЛБАРТ ЭРСДЭЛТЭЙ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/11/20     ӨНГӨРСӨН САРД 11 УЛСЫН 240 ИРГЭНИЙГ АЛБАДАН ГАРГАЖЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/11/20     Х.НЯМБААТАР: ГАНДАН ОРЧМЫГ НОГООН БАЙГУУЛАМЖ БҮХИЙ ЖИШИГ ГУДАМЖ БОЛГОН ТОХИЖУУЛНА WWW.ITOIM.MN НИЙТЭЛСЭН:2025/11/20     ОЮУ ТОЛГОЙ ТӨСЛИЙН ХУВЬ НИЙЛҮҮЛЭГЧДИЙН ЗЭЭЛИЙН ХҮҮГ БУУРУУЛАХ ХЭЛЭЛЦЭЭ ҮРГЭЛЖИЛЖ БАЙНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/11/20     УИХ-ЫН ДАРГААР Н.УЧРАЛ СОНГОГДЛОО WWW.ITOIM.MN НИЙТЭЛСЭН:2025/11/20     "ЧИНГИС ХААН" ОДОН ХҮРТЭЖ БУЙ С.НАРАНГЭРЭЛ ГЭЖ ХЭН БЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/11/20     ОХУ-ЫН БАНК САЛБАРАА МОНГОЛД НЭЭХ ҮҮ? WWW.NEWS.MN НИЙТЭЛСЭН:2025/11/20    

Category

Events

Events

Name organizer Where
MBCC “Doing Business with Mongolia seminar and Christmas Receptiom” Dec 10. 2024 London UK MBCCI London UK Goodman LLC

NEWS

64x64

Baidu uncovers trick gambling searches www.chinadaily.com

China's biggest online search engine, Baidu, said on Monday that it had notified police of illegally altered links that redirect users to gambling sites. The links had found their way surreptitiously into Baidu's search results at night.
 
For the past two months, a search after 10 pm for keyword "Grand Lisboa", a well-known casino in Macao, delivers top results linked to online gambling sites marked as commercial promotions. The search results will return to legitimate information about the casino after 9 am, Beijing News reported on Monday.
 
Baidu responded to the report with its own investigation.
 
"Baidu focuses on the credentials of the company registered for promotions. But the contents of promotional websites cannot be monitored in advance. So we make sure every website is screened as soon as they go live," said Gu Guodong, executive director of marketing at Baidu, during a press briefing in Beijing on Monday.
 
On average Baidu screens 470 million pieces of content every day, or 5,000 per second. Computers can eliminate 95 percent of the illegal information, but the rest must go through manual screening. The whole process can take up to four hours.
 
The Nasdaq-listed company admitted that it has to do more to improve the efficiency of such screening to prevent people from posting illegal promotional content.
 
Gambling is illegal on the Chinese mainland. Baidu blocked 8,623 gambling sites and 7,239 gambling-related keywords in the first three months of the year, the company said.
 
To bypass China's internet administration, illegal gambling sites steal the details of a legitimate company to use as registration information on Baidu. For example, eight gambling sites were registered in the name of a car parts dealer in Central China's Henan province, Beijing News reported.
 
A staff member at that company told the newspaper that they had no idea the company's registration information had been stolen and was being used for any sort of online promotion.
 
Baidu said it monitored the illegal activities from car parts company's stolen Baidu account. The gambling promotion appeared at 11 pm on June 25 and was removed by Baidu at 6 am the next day.
...


64x64

Ms Park’s attendance in person lifts up importance of Mongolia-S.Korea business forum www.en.montsame.mn

Ulaanbaatar /MONTSAME/ In scope of the official visit of the S.Korean President Ms Park Geun-hye, a Mongolian-S.Korean Business Forum was held at Shangri La Hotel of Ulaanbaatar. South Korea is the fourth largest trade partner of Mongolia and the seventh in investment.

S.Korea’s businessmen have been running businesses in Mongolia of public catering, hotels, healthcare and information technology. The Business forum happened to reside in important times of launching of new projects on energy, particularly, in renewable energy.

Some 190 business representatives from the Republic of Korea and 200 businesspeople and state officials from Mongolia took part in the forum, held July 18, organized by the Chambers of Commerce and Industry of Mongolia and S.Korea.

Ms Park said: “Republic of Korea is a major manufacturer of latest technologies, whereas Mongolia leads the world with its natural resources”. Therefore, the two countries have broad capacity to counter-complement each other’s economy and widen the cooperation, she emphasized. President of the Chamber of Commerce and Industry of Mongolia B.Lkhagvajav expressed his confidence in the forum in its role of upgrading the bilateral business ties, and highlighted that Mongolian businessmen are now required to pursue the international standards while running their activities.

The attendance of S.Korean President Ms Park Geun-hye in person lifted up the significance and prestige of this business forum. The representatives of two sides gave seven presentations, and signed cooperation MoUs between companies. 

...


64x64

Netflix price rises prompt subscribers to turn off www.bbc.com

Netflix shares fell sharply after the video streaming firm added fewer subscribers than expected ahead of US prices rises.
The company added 1.68 million users in the three months to June - well below its forecasts of 2.5 million.
Subscriber cancellations rose "slightly and unexpectedly" ahead of higher charges for existing users.
The numbers sent Netflix shares down 13% to $85.90 in after-hours trading in New York.
If that loss extends when Wall Street opens on Tuesday, the stock will have lost about a quarter of its value this year.
Netflix shares are often subject to big swings as investors bet on its drive to redefine global television viewing habits.
Wedbush Securities analyst Michael Pachter said: "The shares are down because their domestic subscriber growth slowed to a crawl ... and domestic profits fuel their international losses."
Netflix admitted that growth had slowed both in the US and international markets: "We are growing, but not as fast as we would like or have been."
Analysts estimate that about 20 million subscribers may be forced to pay between $1 and $2 more a month by the end of this year.Netflix said the increases were one reason why the company will add just 300,000 US subscribers in the three months to September - far fewer than the 880,000 added in the same period last year.
Revenue for the quarter rose 28% to $2.1bn, driven partly by Netflix's higher prices.
The streaming service, best known for shows such as Orange is the New Black, House of Cards and the Unbreakable Kimmy Schmidt, is now available in almost every country. However, it is facing competition from rival services such as Amazon Prime and Hulu.
Netflix also faces the challenge of localising or adapting its offerings to different countries and cultures.
It remains shut out of China due to what it called a "more challenging" regulatory environment.
The mainland does not yet permit streaming services from Disney or Apple either.
...


64x64

Softbank shares slide 10% after ARM takeover www.bbc.com

Shares in Japan's Softbank have fallen 10% after being hit with a glut of sell orders following its purchase of ARM Holdings.

The £24bn ($32bn) deal for the UK chip designer is Softbank's biggest acquisition.

Investors could not react to the takeover on Monday as the Tokyo stock market was closed for a holiday.

Both the benchmark Nikkei 225 and broader Topix opened 0.7% higher after the long weekend.

Shares of Japanese games developer Nintendo jumped 10% on the continued success of its new augmented reality game Pokemon Go, which has proved to be a big hit globally.

Nintendo now has a bigger market capitalisation than Sony and luxury fashion house Hermes following its gains over the last week, according to Bloomberg data.

Meanwhile, the ASX 200 in Sydney was flat ahead of the release of minutes from the Reserve Bank of Australia's June meeting.

South Korea's Kospi is trading 0.3% lower in Seoul.

Hong Kong stocks opened 0.3% lower on profit-taking while the Shanghai Composite Index fell 0.1%.

...


64x64

G20 to discuss Brexit fallout www3.nhk.or.jp

Finance ministers and central bank chiefs from the Group of 20 economies will discuss ways to minimize the fallout from Britain's decision to leave the European Union.
 
The officials will hold their first meeting since the Brexit vote in the Chinese city of Chengdu on Saturday and Sunday.
 
The agenda is expected to include trends in financial markets, a US interest rate hike, and global risks such as the slowdown in China and other emerging economies.
 
The Brexit vote has sparked turmoil and uncertainty in markets. The Japanese yen surged against the dollar to its highest level in more than two and a half years as investors seeking safe haven bought the currency.
 
The International Monetary Fund has cut its growth forecast for the 19-member eurozone for the next year by 0.2 percentage points to 1.4 percent.
 
Japanese Finance Minister Taro Aso said last week that countries should do what they can to minimize the impact of the Brexit vote. But he said too many factors remain unclear. He said he first wants to listen to EU and British officials.
...


64x64

Asian law associations' leaders to assemble in UB www.mongolia.gogo.com

The 27th Summit of the Presidents of Law Associations in Asia is to take place in Ulaanbaatar, Mongolia on July 21 and 22. This year’s POLA Summit will run discussions under topics “Independence of Constitutional Courts: Role of Lawyers and Law Associations” and “Mining and Improving Legal Capacity and Human Rights”.
The Mongolian Lawyers’ Association, joined POLA in 2014 is hosting its summit at home for the first time. The right to host this event was obtained in 2015 POLA Summit, held in Goa, India.
The POLA is a non-political organization, established in 1990 with an aim to protect interests of the lawyers of Asian and Pacific countries and to improve their professional responsibilities and legal education.
The 27th POLA Summit expects adoption of a declaration of privileges of the lawyers in the region.
...


64x64

Bank of America second quarter profits fall 19% www.bbc.com

Bank of America reported a 19% slide in profit in the second quarter, as persistently low interest rates hurt the bank's loan business.
The bank made just $3.89bn (£2.93bn) in profit during the period between April and June, down from $4.8bn last year.
The results still beat analysts expectations, and Bank of America's shares rose 1.8%.
Profits across US banks have been hit by the Federal Reserve's low interest rate policy.
"We had another solid quarter in a challenging environment," said chief executive Brian Moynihan.
Bank of America opted to take a $1bn charge, in anticipation of customers refinancing their mortgages in the ultra-low interest rate environment.
The bright spot for Bank of America was its trading revenue, which rose sharply following the UK's vote to leave the European Union.
Revenue from the global trading division climbed 12% to $3.8bn for the quarter.
The bank also continued its strategy of cutting employee and branch numbers as a way to reduce costs. The number of staff fell by approximately 6,000, and the number of bank branches fell by 108.
Mr Moynihan said expenses were down 3%, to levels not reached since 2008.
...


64x64

Ruble rises as emerging market cash shifts from Turkey www.rt.com

The Russian currency strengthened on Monday, trading at a nine-month high of 63.10 to the US dollar and 69.64 to the euro on the Moscow Stock Exchange.Analysts link the ruble growth to dividend payouts and the tax season, as well as nervous emerging market investors shifting their money from Turkey after this weekend's attempted coup.
 
Overall, the Russian currency has gained 17 percent this year, the most in emerging markets after Brazil’s real. The ruble exchange rate, which was traditionally tied to the oil price, was performing better than crude which traded at $47.71 per barrel Monday.
 
The head of the monetary and financial department of Citibank’s local branch Denis Korshilov explained the ruble’s rally by the peak tax season in Russia. Companies are now paying dividends and converting funds into rubles, thus strengthening the currency, he told business daily Vedomosti. The Russian tax period started on Friday and will peak on July 25.
 
“Taxes and dividend payments will remain key drivers for the ruble this week,” Alexey Egorov, an analyst at Moscow-based Promsvyazbank told Bloomberg. “Some investors may switch their investments from Turkey into Russian assets amid uncertainty in Turkey after the failed coup attempt."
 
According to Egorov, the ruble’s gains mean it’s catching up with its fair value relative to oil. He added the currency should trade as strong as 62 to the dollar based on the current price of crude.
 
Some experts say Friday night’s coup attempt in Turkey, which pushed investors to buy into safe havens, has also helped the ruble shrug off a slump in crude prices in the last two weeks. Others claim the political crisis in Turkey where army officers tried to take control of the country, didn’t have any effect on the Russian financial market.
 
"Even though the attempt of a military coup in Turkey has failed it could push the country's economy into a protracted crisis. However, for the global economy in general, the incident is of little threat,” an analyst from Rossiysky Capital bank Anastacia Sosnova was cited by finam.ru
 
The Turkish lira plunged almost five percent on Friday during the attempted military overthrow of Erdogan's government. The lira reached its lowest level since the 2008 global financial crisis.
...


64x64

Tech arms race lifts Japan carmakers' R&D budget to record www.asianikkei.com

TOKYO -- Rushing to meet technological needs in the era of tightening environmental regulations, Japanese automakers are set to spend a record sum on research and development this fiscal year.
 
R&D investment by seven major Japanese carmakers will rise to an all-time-high 2.81 trillion yen ($26.8 billion), according to data compiled by The Nikkei. That would mark a 2.8% uptick from fiscal 2015 and the seventh straight annual increase.
 
The figure represents a jump of nearly 1 trillion yen from fiscal 2009 -- shortly after the financial crisis. In addition to fuel-efficient vehicles, the automakers are eager to get their hands on autonomous driving technologies. With their budget accounting for a fourth of R&D spending among manufacturers, the auto sector holds significant sway on technological innovation.
 
Of the seven companies, Toyota Motor, Nissan Motor, Suzuki Motor, Mazda Motor and Fuji Heavy Industries are planning record-high spending.
 
Toyota's outlays are to increase 2.3% year on year to 1.08 trillion yen, which includes funds for unit Daihatsu Motor and others. That compares with equivalent investment of 800 billion yen to 900 billion yen by such foreign rivals as General Motors of the U.S. and Daimler of Germany.
 
Toyota has set its sights on both zero-emission fuel cell vehicles and plug-in-hybrids to respond to tighter environmental regulations. Its R&D spending is to surge about 20% from a decade ago, while capital spending is to drop by 10% or so to 1.35 trillion yen. This highlights a sharpening focus on intellectual property.
 
Nissan's R&D spending will climb 5.3% to 560 billion yen, as the company seeks to develop biofuel-powered fuel cells in order to extend electric vehicles' driving range.
 
Honda's will decrease by 4.1% because of model development cycles. But the company will open an R&D site in central Tokyo this fall to study the artificial intelligence necessary for self-driving technologies, in collaboration with other research institutes.
 
Suzuki plans to lift R&D spending 6.9% to 140 billion yen as it seeks to strengthen green offerings in emerging economies. Mazda, with a focus on fuel economy, will increase spending 7.2% to 125 billion yen. Subaru maker Fuji Heavy will ramp up spending 17.2% to 120 billion yen, and Mitsubishi Motors plans a 23.3% jump to 97 billion yen.
 
While the percentage increases are bigger for these midtier automakers, the gap in investment is widening compared with top automaker Toyota, whose spending had already reached 800 billion yen 10 years ago.
 
Smaller manufacturers that cannot afford huge spending will likely seek outside business resources, says Carlos Ghosn, CEO of Nissan, predicting a possible industry realignment. Nissan has agreed to take a 34% stake in scandal-mired Mitsubishi Motors.
 
Capital spending by the seven automakers is seen totaling 3.01 trillion yen for fiscal 2016. This is a 4.5% increase on the year but still 0.6% lower than in fiscal 2006, before the financial crisis hit.
...


64x64

SpaceX launches new-style space docking port into orbit www.theguardian.com

SpaceX has sent a new-style space station docking port into orbit en route to the International Space Station.
 
An unmanned Falcon rocket was launched early on Monday in Florida carrying 2,267kg (5,000lbs) of supplies in the Dragon space capsule along with the new docking port.
 
The Dragon successfully made it into orbit, according to Nasa, and is due to arrive at the space station on Wednesday.
 
It is SpaceX’s second shot at delivering a new-style docking port for Nasa. The last one went up in smoke over the Atlantic last year, a rocket accident casualty.
 
SpaceX also managed to bring the used first-stage booster back to Cape Canaveral Air Force Station for a vertical landing – only the second such land landing for an orbital mission and the ultimate in recycling.
 
Nasa needs this new docking ring to be set up on the space station so that Americans can fly up in crew capsules next year.
 
“I know how critical this is for Nasa,” Hans Koenigsmann, SpaceX’s vice president for mission assurance, said during a press conference on Saturday.
 
A second docking ring is due to be delivered in 2017, Nasa said.
 
“Each commercial resupply flight to the space station is a significant event. Everything, from the science to the spare hardware and crew supplies, is vital for sustaining our mission,” said Kirk Shireman, Nasa’s International Space Station program manager.
 
“With equipment to enable novel experiments never attempted before in space, and an international docking adapter vital to the future of U.S. commercial crew spacecraft, we’re thrilled this Dragon has successfully taken flight.”
 
Owned and operated by Musk, the technology entrepreneur who founded Tesla Motors Inc, SpaceX is developing rockets that can be refurbished and re-used, potentially slashing launch costs. So far, it has successfully landed a Falcon on the ground once and on an ocean platform in three out of its last four attempts.
 
SpaceX intends to launch one of its recovered rockets as early as autumn of this year, Koenigsmann said.
 
Landing the rocket is a secondary goal. The main mission is placing the Dragon capsule into orbit and sending it on a two-day trip to the station.
 
The capsule holds nearly 5,000 lbs (2,268 kg) of food, supplies and equipment, including a miniature DNA sequencer, the first to fly in space.
 
The metal docking ring, built by Boeing, is 2.4m (7.8ft ) in diameter. After its attachment to a berthing port on the station, it will serve as a parking space for commercial spaceships under development by SpaceX and Boeing. The manned craft are scheduled to begin test flights next year.
 
Since the US space agency retired its fleet of space shuttles five years ago, the United States has depended on Russia to ferry astronauts to and from the station at a cost of more than $70 million per person.
...


  • Terms of Reference
  • About
  • Contact Us

Managed by: B2BMongolia www.b2bmongolia.com

Events

News

Facebook