TOKYO (Reuters) – U.S. Ambassador to Japan William Hagerty will run to be the next Tennessee senator, President Donald Trump announced on Twitter on Friday, giving Hagerty his strong endorsement. The longtime Republican senator from Tennessee, Lamar Alexander, announced in December he would not seek re-election in 2020. “Tennessee loving Bill Hagerty, who was my […]
TOKYO (REUTERS) – Japanese authorities have set up a working group to discuss the impact Facebook’s proposed Libra digital coin could have on monetary policy and financial regulation, government sources said, ahead of a G-7 finance leaders’ gathering where the topic will be high on the agenda. The working group, consisting of the Bank of […]
Unauthorised drones caused flight delays and disruptions at Changi Airport on Monday night (June 24), just days after a similar incident. Some 25 flights from carriers such as Singapore Airlines, Garuda and AirAsia were affected, and the Civil Aviation Authority of Singapore (CAAS) is investigating. More than one drone was also sighted, with the drones […]
NEW YORK (Reuters) – France’s BNP Paribas SA (BNPP.PA) on Friday said it will no longer finance U.S. private prison operators, the first foreign bank to distance itself from a sector shunned by domestic peers amid controversy over Trump administration detention policies. Company spokesman Ilias Catsaros told Reuters of the change in policy. The decision […]
Judge Arshad Malik removed from office following allegations he convicted Sharif for corruption ‘under pressure’. A senior Pakistani judge accused of convicting the jailed former Prime Minister Nawaz Sharif in a corruption case “under pressure” has been removed from his office, the country’s law ministry said. Accountability judge Arshad Malik who in December handed Sharif a seven-year […]
CHICAGO (Reuters) – The Fed should cut interest rates by half a percentage point before the end of the year to boost persistently weak inflation and convince the public that policymakers are serious about their 2 percent inflation target, Chicago Federal Reserve president Charles Evans said on Friday. “Inflation expectations seem to me to be […]
CHICAGO (Reuters) – The Fed should cut interest rates by half a percentage point before the end of the year to boost persistently weak inflation and convince the public that policymakers are serious about their 2 percent inflation target, Chicago Federal Reserve president Charles Evans said on Friday. “Inflation expectations seem to me to be […]
PETALING JAYA (THE STAR/ASIA NEWS NETWORK) – A Nigerian student has died in custody after being detained by Malaysian immigration authorities, sparking protests at the Nigerian embassy in Kuala Lumpur. The Immigration Department in a statement issued Friday (July 12) said Thomas Orhions Ewansiha was arrested because he had tried to flee from its officers […]
SINGAPORE – The Centre for Protective Security (CPS) has been engaging building owners since the introduction of a new law last December which makes it mandatory for some buildings to have enhanced security measures. The centre’s role, among others, is to ensure that protective measures are there to keep Singapore’s critical infrastructure and buildings safe. […]
Militants from the Islamic State (IS) group have said they were behind two recent attacks in the Afghan capital Kabul in which dozens of people died. On Wednesday, 48 people were killed in the bombing of an education centre. Most of them were students studying for university entrance exams. On Thursday, a training centre for […]