Xinhua Asia-Pacific news summary at 1000 GMT, July 31

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JAKARTA -- Indonesian authority issued a flight warning for planes as Mount Kerinci volcano in Sumatra Island erupted on Wednesday, a statement from energy and mineral resources ministry said. (Indonesia-Volcano eruption)

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BANGKOK -- China and the Association of Southeast Asian Nations (ASEAN) have finished the first reading of the Single Draft Negotiating Text of the Code of Conduct (COC) in the South China Sea ahead of schedule, Chinese State Councilor and Foreign Minister Wang Yi said on Wednesday.

At the China-ASEAN foreign ministers' meeting, Wang noted that in the past year, China and ASEAN countries, following the spirit of the Declaration on the Conduct of Parties in the South China Sea, explored rule-based governance of the South China Sea, actively advanced the consultations on a COC in the South China Sea, and finished the first reading of the COC Single Draft Negotiation Text ahead of schedule. (ASEAN-China-COC)

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KUALA LUMPUR -- Alibaba Cloud, the data intelligence backbone of Alibaba Group, will accelerate the digital transformation of Malaysian financial services with the signing of a Memorandum of Understanding (MoU) with Malaysia's Bank Muamalat on Tuesday.

Speaking at the Alibaba Cloud Summit here, the bank's Chief Technology Officer Abdul Razak Mohamed Ismail said the agreement would give the bank better access to financial services using technology and meet the industry's security and compliance challenges. (Malaysia-Alibaba Cloud-Bank)

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JAKARTA -- One person was killed and nine others wounded as a ship caught fire in Karimun district of Indonesia's Kepulauan Riau province on Wednesday, a senior disaster official said.

The inferno happened when Ro-Ro KMP Sembilang ship was being repaired in a shipyard operated by PT Karimun Marine Shipyard, head of emergency unit of the provincial disaster management agency Hardin Nafii said. (Indonesia-Ship-Fire)

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SEOUL -- South Korea's presidential Blue House vowed on Wednesday to take all available measures if Japan continues to worsen their trade row with additional export curbs.

Chung Eui-yong, top national security adviser for South Korean President Moon Jae-in, chaired a meeting of the National Security Council (NSC) standing committee of the Blue House. (S.Korea-Japan-Export ban) Enditem

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