ISTANBUL (Reuters) – Efforts to clean up Turkey’s bad debt have stalled after bankers rejected or put on hold initial plans, according to people familiar with the matter, frustrating the country’s attempts to leave behind the worst of last year’s currency crisis. Interviews with more than a dozen bankers, company executives and advisers show that […]
SINGAPORE – A 19-year-old has been arrested for a series of suspected extortion attempts, including one in which he tried to extort money from a woman. The police said in a statement on Wednesday (July 17) that they received a report from the woman on Tuesday that an online acquaintance had threatened to upload confidential […]
A Indian court has convicted one of the two men charged over the rape and killing of British teenager Scarlett Keeling in Goa in 2008. The high court in Goa found Samson D’Souza guilty of “culpable homicide not amounting to murder”. It upheld the acquittal of Placido Carvalho. A lower court had acquitted both men […]
SINGAPORE – At dusk each night, retiree Zainal Angus lights his oil lamp at the hut where he tends the tomb of Radin Mas – a Javanese princess who, according to folklore, was knifed in the heart while trying to shield her father during a family feud. “I love this shrine more than my house – […]
SINGAPORE – Autonomous cleaning robots that can sing, rap, speak in the four official languages here, as well as Singlish, will be deployed around Singapore. Local robotics firm LionsBot International (LionsBot) announced on Wednesday (July 17) at Gardens by the Bay that they will be building 300 autonomous professional cleaning robots locally. And as part […]
More than 100 people have died after the buildings they were living in collapsed in India’s financial capital, Mumbai, between April and June this year. The BBC’s Kinjal Pandya investigates why hundreds of people are forced to live in these dangerous buildings. Braj Bhushan Chaubey is a young sales executive who lives in what the […]
The US has imposed sanctions on Myanmar’s top general and three senior officers, accusing them of human rights violations against Rohingya Muslims. The generals and their families are banned from entering the US. Secretary of State Mike Pompeo said there was credible evidence that the generals were involved in the violent crackdown on the Rohingya […]
A human chain of rescuers is searching for survivors a day after a building collapsed in the Indian city of Mumbai, killing 12 people and trapping dozens. Officials say rescue efforts have been hampered by a warren of old streets which prevent access by heavy vehicles. Among those who died in the collapse are three […]
BERLIN (Reuters) – The euro zone’s Single Resolution Fund (SRF) – a rescue fund for failing lenders – has received a cash injection of 7.8 billion euros ($8.7 billion) this year, bringing the total to almost 33 billion euros, the Single Resolution Board (SRB) said on Wednesday. “The Fund is steadily being built up and […]
Jamaat-ud-Dawa, Lashkar-e-Taiba’s humanitarian wing, says will challenge the arrest of its head and apply for bail. Islamabad, Pakistan – Pakistani police have arrested Hafiz Muhammad Saeed, the founder of the Lashkar-e-Taiba (LeT) armed group and head of its Jamaat-ud-Dawa (JuD) humanitarian wing, intercepting him on his way to court in the central city of Gujranwala, Saeed […]