Friday, 15 Nov 2019

Asia

Thailand seizes 176 kg of crystal meth in treadmills bound for Japan

BANGKOK (Reuters) – Thai anti-narcotics officers have seized 176 kg of crystal methamphetamine hidden in the metal frames of electric treadmills bound for Japan, police said on Thursday. “Last month, the Australian police busted a similar case with the drugs hidden in exercise equipment, which they told us was packaged and exported from Thailand,” Police […]

Daimler drives European shares lower as data stirs more fears

(Reuters) – European shares dipped on Thursday, as a warning from German carmaker Daimler and lackluster economic data from Asia and Europe countered a handful of positive corporate updates. By 0929 GMT, the pan-European STOXX 600 index slipped 0.1%, with German shares .GDAXI dropping 0.2%. Data showed Germany’s economy narrowly avoided slipping into recession in […]

Trade woes, HK unrest knock European shares off 4-year peak; Spain lags

(This was corrects to “Madrid” from “Rome” in paragraph 1, removes subhead in November 13 story.) By Agamoni Ghosh (Reuters) – European shares retreated from four-year highs on Wednesday, as ambiguity over a U.S.-China trade deal and intensifying unrest in Hong Kong kept investors at bay, while Spanish stocks underperformed as Madrid braced for more […]

Indonesians quitting 'rice addiction' over diabetes fears

JAKARTA (AFP) – Indonesian Mirnawati once ate rice with every meal, but its link to diabetes convinced her to join a growing movement to quit a staple food in the third biggest rice-consuming nation on earth. As World Diabetes Day is held Thursday (Nov 14), the South-east Asian nation is struggling to tackle a disease […]

Indonesia tightens security in 19 airports after Medan suicide bombing

JAKARTA (THE JAKARTA POST/ASIA NEWS NETWORK) – Indonesia’s state-owned airport operator Angkasa Pura II has tightened security at 19 airports following a suicide bombing that injured six people at the police headquarters in the city of Medan, in north Sumatra, on Wednesday morning (Nov 13). Security at Medan’s Kulalanamu International Airport as well as 18 […]

Oil rises after OPEC's Barkindo says U.S. shale growth may slow in 2020

SINGAPORE (Reuters) – Oil prices rose on Thursday after industry data showed a surprise drop in U.S. crude inventories while comments from an OPEC official about lower-than-expected U.S. shale production growth in 2020 also provided some support for oil. However, prices were capped by mixed signs for oil demand in China, the world’s biggest crude […]

China's economy grinds lower as October indicators miss forecasts

BEIJING (Reuters) – China’s industrial output grew significantly slower than expected in October, as weakness in global and domestic demand and the drawn-out Sino-U.S. trade war weighed on activity in the world’s second-largest economy. Industrial production rose 4.7% year-on-year in October, data from the National Bureau of Statistics released on Thursday showed, below the median […]