Saturday, 18 May 2024

Asia

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Taiwan's ruling party calls for close cooperation with Tibet

TAIPEI (DPA) – Taiwan’s Democratic Progressive Party (DPP) on Friday (July 26) called for a closer cooperation between Taipei and Tibet after representatives of the Taiwanese ruling party met with the Dalai Lama in India earlier in July. DPP secretary-general Luo Wen-jia said that during a July 17 visit to the Dalai Lama in Dharamshala, […]

Missing Mekong waters rouse suspicions of China

BAN NONG CHAN, THAILAND (REUTERS) – By this time of year, the Mekong River should have been rising steadily with the monsoon rains, bringing fishermen a bounty of fat fish. Instead, the river water in Thailand has fallen further than anyone can remember and the only fish are tiny. Scientists and people living along the […]

China's CATL to start battery storage business in Japan with Next Energy

TOKYO/SHANGHAI (Reuters) – China’s electric vehicle battery maker Contemporary Amperex Technology Co Ltd (CATL) (300750.SZ) said it will start offering products to homes and plants in Japan in 2020, as it seeks to expand its global presence and diversify its business. The Chinese firm will provide batteries under a partnership with Japanese solar power company […]

Bangladesh tries new way to aid flood-hit families: Cash up front

DHAKA (REUTERS) – Parvin Begum, who saw her home on a secluded island in northern Bangladesh steadily devoured by floods this month, feels lucky. She received some money before the disaster hit under a new form of aid, used for the first time in Bangladesh by the government and humanitarian agencies. It gives funding to […]

Japan, US eyeing ministerial trade talks in Washington on Aug 1: Sources

TOKYO (REUTERS) – Japanese Economy Minister Toshimitsu Motegi is making preparations to meet with US Trade Representative Robert Lighthizer in Washington on Aug 1 for ministerial-level trade talks, two sources familiar with the matter said. The two last held talks last month in Osaka, where Japan hosted the Group of 20 (G-20) summit meeting. US […]

North Korea's economy shrinks most in 21 years in 2018: South Korea

SEOUL (Reuters) – North Korea’s economy shrank in 2018 for a second straight year, and by the most in 21 years, hit by international sanctions to stop its nuclear program and by severe drought, South Korea’s central bank said on Friday. North Korea’s gross domestic product (GDP) contracted by 4.1% last year in real terms, […]

Pigeon faeces ruled out as contaminant at one school in Johor's Pasir Gudang

PETALING JAYA (THE STAR/ASIA NEWS NETWORK) – Malaysia’s Health Ministry has ruled out pigeon droppings as a contaminant that caused vomiting and breathing difficulty among pupils at a school in Johor’s Pasir Gudang district. Minister Dzulkefly Ahmad said his ministry, together with the Energy, Science, Technology, Environment and Climate Change Ministry, had updated all findings […]

Dollar near two-week high, euro steady as traders temper rate cut views

TOKYO (Reuters) – The dollar traded near a two-week high versus the yen as investors pared expectations for aggressive Federal Reserve interest rate cuts ahead of key U.S. economic data due later in the day. The euro held gains after European Central Bank (ECB) kept policy unchanged, disappointing some market participants who had bet on […]

Singapore issues travel advisory for Hong Kong

SINGAPORE – Amid reports of upcoming protests at two locations in Hong Kong, Singapore’s Ministry of Foreign Affairs (MFA) is advising Singaporeans to avoid the areas. The advisory pertains to Hong Kong International Airport, where a protest is due to start at 1pm on Friday (July 26) and Yuen Long in the New Territories on Sunday. “The Ministry of Foreign Affairs would advise […]

Greenlight made new bets on Chemours, Dillard's in second quarter-letter

BOSTON (Reuters) – David Einhorn’s hedge fund Greenlight Capital said on Thursday that it made new bets on chemical company Chemours (CC.N), retailer Dillard’s Inc. (DDS.N) and gambling products company Scientific Games Corporation (SGMS.O) in second quarter. News the New York-based hedge fund, which has returned 17.4 percent this year, had invested here sent the […]