Mongolia Financial News

TAIPEI (Reuters) — The plight of Tibet has become less discussed internationally but repression continues and China is applying what it did there to other regions, a former head of the Tibetan government-in-exile said on Saturday.

THE STREET signs in Inner Mongolia, a region in northern China, are written in two languages. There are the blocky characters of Mandarin, the mother tongue of most Chinese. Then there is the vertically-written script of Mongolian, which is spoken by many people in the region.

Rio Tinto fired the former head of its aluminium division, Ivan Vella, on Wednesday with immediate effect due his “failure” to keep confidential information secret, according to the mining giant, which is investigating the fallout from the breach.

When the world’s most valuable company rolled out the latest marketing campaign for its most valuable product, Apple picked two songs to make sure its new iPhone commercials would get stuck in our brains. The first was “Get Him Back!" by Olivia Rodrigo, a global pop star who shot the music video for her hit single with an iPhone. The second was “Karangailyg Kara Hovaa (Dyngyldai)" by Yat-Kha, a Tuvan throat-singing fusion band led by someone who doesn’t own an iPhone.

Jaishankar on Wednesday embarked on a two-day visit to Kyrgystan to attend the 22nd meeting of the Shanghai Cooperation Organisation (SCO) Council of Heads of Government (CHG), to be held under the chairmanship of Kyrgyzstan, the Ministry of External Affairs said. The October 25-October 26 meeting in the Kyrgyz capital city of Bishkek will be attended by the heads of governments of China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan, the Vice-President of Iran, and the foreign ministers of India and Pakistan. «In Bishkek, the external affairs minister will also meet with his counterparts from other SCO member states and call on the country's top leadership,» the MEA statement read. SCO observer States including Belarus and Mongolia as well as guest state Turkmenistan will also attend the meeting. The CHG is the second-highest forum in SCO.

World Cup qualifying game for the first time on Tuesday, beating Cambodia 1-0 in Islamabad to advance to the second round. After the first leg in Phnom Penh finished 0-0, a half-volley from Harun Hamid was enough to secure victory at Jinnah Sports Stadium in a first home game for Pakistan since 2015.

Mongolia and Mongolia (a neighbouring but a sovereign state) to launch a Sinicization programme, people tracking the development said. The Inner Mongolian Autonomous Region (IMAR) is the new target of the CCP's Sinicization programme, through the launch of 'Inculcating Chinese Nationality Common Identity' among 6 million local ethnic population, these people said. Chinese authorities recently banned a Mongolian theatre release, 'Mongol Khan', just 30 minutes prior to its official opening at Honhot's Ulaan Theatre IMAR. Chinese authorities in Inner Mongolia have also reduced the number of weekly Mongolian language classes in schools, according to Radio Free Asia. The Southern Mongolia Human Rights and Information Center, based in New York, reported that Chinese authorities were enforcing a complete ban on the use of the Mongolian language in all schools throughout Inner Mongolia. Xi Haiming, an ethnic Mongolian activist based in Germany, recently stated that authorities were employing other methods to compel ethnic Mongolian children to abandon their native language in favour of Chinese, often by exerting pressure on parents at their workplaces. Xi alleged that the parents who send their children to schools that teach Mongolian may face job loss, creating significant pressure on families.

London | The scramble to find more projects intransition materials such as copper and lithium has prompted a strategic rethink at Rio Tinto, with a push into smaller mines and potentially riskier frontier locations.

Exciting news! Mint is now on WhatsApp Channels. Subscribe today by clicking the link and stay updated with the latest financial insights!" Click here! Jilani will be addressing the forum's opening ceremony, and will be holding meetings at its sidelines with his Chinese and Afghan counterpart, as well as the deputy prime minister of Mongolia, the statement added.

Tulika Maan missed out of a chance to win a medal after going down to Mongolia's Amaraikhan Adiyasuren in the bronze-medal play-off of the women's +78kg event at Asian Games here on Tuesday. The 25-year-old from Delhi, a silver medallist at the 2022 Commonwealth Games, lost to Adiyasuren 0-10 by ippon at Xiaoshan Linpu Gymnasium here. Earlier, Tulika knocked out Macao's Qing Lam Lai 10-0 in just 15 seconds with an ippon.

Gazprom and Rosneft, Alexei Miller and Igor Sechin, will join President Vladimir Putin's retinue during his visit to China next month, sources familiar with the plans told Reuters. Putin is scheduled to meet China's President Xi Jinping for talks in Beijing and will attend the third Belt and Road Forum following an invitation from Xi during a high-profile visit to Moscow in March. The sources said other senior Russian energy officials would also be in the delegation. Sechin will hold his own energy event following Putin's visit, a source said, without providing details. Gazprom, the world's biggest natural gas producer, and Rosneft, Russia's biggest oil producer, did not immediately reply to requests for comments. Russia is bolstering its ties with Asia, especially economic powerhouse China, to offset reduced trade with Europe, its traditional buyer of oil and gas, over Moscow's actions in Ukraine. Chinese-Russian trade has soared since what Moscow calls a «special military operation» in Ukraine began in February 2022.

Dakini, the female energy that is 'sky-born', is part of Tibetan, Buddhist, Japanese, Mongolian, Nepalese and Chinese philosophy and mythology, referring to the same 'female embodiments of enlightened energy' that is all-pervasive and is sometimes portrayed as being fierce and wrathful. She is a symbol of liberation. In Vajrayana Buddhism, the Dakini as Prajnaparamita represents the emptiness in reality; she is Mandala in meditation; as Yogini, she teaches her disciples and protects the transmission of teachings.

Freddie Mercury used to compose almost all of his greatest songs and the original manuscript for «Bohemian Rhapsody» were snapped up for over £3 million Wednesday when they went under the hammer in London. The Sotheby's auction room echoed to the sound of the track «We Will Rock You» before bidding began at the black-tie evening auction. The items were among over 1,400 lots of Mercury memorabilia up for grabs over the next week, with the famous auction house's facade decorated with a huge moustache for the occasion. The 59 lots sold on Wednesday brought in £12,172,290, Sotheby's said, adding that each one went for more than double the estimated price. Mercury's Yamaha quarter-tail piano went for £1,742,000 ($2,198,927), including buyer's premium and fees, while the manuscript for the epic hit song «Bohemian Rhapsody» fetched £1,379,000. Auctioneer Oliver Barker called the «Bohemian Rhapsody» lyrics — contained in 15-pages of pencil and ballpoint pen remarks — a «modern cultural icon». The manuscript also reveals that Mercury, who died from AIDS in 1991, originally intended to call the song «Mongolian Rhapsody». Mercury's cherished baby grand was purchased by the charismatic star in 1975 after an exhaustive six-month search for «the ideal instrument to bring to life» his compositions. A record 2,000 bidders from 61 countries registered to take part in the sale. Part of the proceeds will be donated to the Mercury Phoenix Trust and the Elton John Aids Foundation, two organisations involved in the fight against AIDS. «I miss Freddie to this day.

Pope Francis on Saturday praised Mongolia's tradition of religious freedom dating to the times of its founder, Genghis Khan, as he opened the first-ever papal visit to the Asian nation with a word of encouragement to its tiny Catholic flock. Francis met with President Ukhnaagiin Khurelsukh inside a traditional Mongolian ger, or round yurt, set up inside the state palace and wrote a message in the guest book that he was visiting «a country young and ancient, modern and rich of tradition,» as a pilgrim of peace. Francis is in Mongolia to minister to one of the world's newest and smallest Catholic communities — around 1,450 Mongolians are Catholic — and make a diplomatic foray into a region where the Holy See has long had troubled relations, with Russia to the north and China to the south. While Christianity has been present in the region for hundreds of years, the Catholic Church has only had a sanctioned presence in Mongolia since 1992, after the country abandoned its Soviet-allied communist government and enshrined religious freedom in its constitution. While Catholicism is tolerated and legal, foreign missionaries working here lament that the government restricts their numbers and treats the church as a nongovernmental organization — limitations that the Holy See is hoping will be lifted with a comprehensive bilateral agreement. In his remarks, Francis praised Mongolia's tradition of religious liberty, noting that such tolerance existed even during the period of the Mongol Empire's vast expansion over much of the world.

The All India Football Federation announced on 2 September announced that Bhubaneswar and Guwahati will host India's opening two home matches in the FIFA World Cup 2026 and AFC Asian Cup 2027 Preliminary Joint Qualification Round 2. India have been drawn in Group A of the Asian qualifiers, alongside Qatar, Kuwait, and the winners of the Preliminary Joint Qualification Round 1 fixture between Afghanistan and Mongolia.

The battle to control Perth basin gas reserves which supply the booming WA economy has come to a head.

Freddie Mercury's cherished possessions, including flamboyant stage costumes, handwritten drafts of iconic songs like "Bohemian Rhapsody," and the very baby grand piano that gave life to Queen's greatest hits, will be up for sale. Sotheby's London will host a remarkable free exhibition, showcasing this vast collection, left by the legendary singer to his close friend Mary Austin, preserved for three decades in his west London mansion since his passing in 1991.

BEIJING—Sparsely populated and sandwiched between two authoritarian powers, Mongolia is positioning itself as a resource-rich, democratic partner for the U.S. in Asia amid growing competition between Washington and Beijing over the minerals needed to pursue cleaner energy. That push will be at the heart of a visit by Mongolia’s prime minister to Washington this week, as his country attempts to draw itself closer to the West in a bid to diversify its economy without angering its powerful neighbors Russia and China.

Strike Energy has reignited its buyout bid for Talon Energy in what shapes up as the latest round of consolidation of onshore gas assets in the Perth Basin.

Gas junior producer Strike Energy has officially walked away from an offer to buy out rival gas minnow Talon Energy and its stake in a Mongolian gas venture.

The investor pressure at Talon Energy is reaching fever pitch.