Icon Offshore to add 40 ships in deals with Yinson and Liannex

The presence of North Korean troops in Russia is seen as a symbolic effort to bolster Russian manpower and strengthen political ties with China. The troops are expected to play a supportive role in Russia's military efforts, potentially sending a message to the US and its allies. The move may be a strategic maneuver by Moscow to showcase its disruptive capabilities and leverage in the region. Full Article

Japan's snap election on October 27 saw low voter turnout, benefitting the ruling LDP due to their dedicated base and lackluster opposition. Despite past scandals, the LDP-Komeito coalition lost their majority, leading to uncertainty in coalition building efforts and potential changes in government. The hung parliament may impact policymaking, with realist and pacifist factions shaping Japanese diplomacy, particularly regarding the Japan-U.S. alliance. Full Article

Angela Sy, CEO of The 25s, is disrupting China's branding industry with a people-first approach, achieving remarkable growth by valuing employees with profit sharing and generous leave policies. Her agency's innovative business model, coupled with a focus on diversity, sustainability, and social responsibility, has attracted major clients and led to triple-digit revenue growth. Sy's commitment to doing the right thing extends beyond business to supporting underprivileged students, animal welfare, and creating a positive work environment,...

An Israeli strike on a five-storey building in northern Gaza killed at least 34 people, mostly women and children, with another 20 wounded. The strike targeted displaced Palestinians sheltering in Beit Lahiya near the Israeli border, part of a larger operation against Hamas militants. The Kamal Adwan Hospital was overwhelmed by the casualties, with Israeli forces having raided the facility previously. Full Article

South Korean private equity firm Hahn & Company is looking to sell SK Shipping, a well-known shipowning brand, with a reported goal of raising KRW4trn ($3.07bn). Hahn & Co acquired a 79% stake in SK Shipping from SK Group six years ago for KRW1.5trn, and Morgan Stanley is exploring the potential sale of the entire fleet or dividing it by segment, including tankers, dry bulk carriers, and LNG/LPG carriers. Additionally, Hahn & Company is considering...

On September 27, Ishiba Shigeru was chosen as the Liberal Democratic Party (LDP) president, calling for a snap election that resulted in the LDP and Komeito losing their majority in Japan's House of Representatives. The Constitutional Democratic Party (CDP) made significant gains, but no party has enough seats to form a government, leaving smaller opposition parties like Nippon Ishin no Kai and the Democratic Party for the People in a position to influence coalition-building efforts....