WASHINGTON (Reuters) – European Union member states should brace for U.S. tariffs on several fronts in the months ahead, a senior German official warned late on Tuesday, just hours before Washington launched a probe of a planned French digital tax that could trigger future tariffs. Peter Beyer, Germany’s transatlantic coordinator and member of parliament, said […]
TOKYO (NYTIMES) – When last we checked in with Japan’s Hayabusa2 spacecraft in April, it had blown a crater in a large rock that orbits the sun. On Thursday morning (July 12) in Japan, the robotic probe was scheduled to make a close inspection of its handiwork. As it descends to the surface of the […]
SINGAPORE – Nine men, including an 84-year-old, will be charged in court in separate incidents of outrage of modesty. The cases, involving suspects aged between 26 and 84, were reported between last November and May this year, the police said on Wednesday (July 10). On Nov 8 last year, a 20-year-old woman reported that she […]
SINGAPORE – On May 31, 1969, racial riots spilled over from Malaysia to Singapore and the ensuing week-long clashes left four dead and 80 injured. In its aftermath, the first batch of 120 national servicemen officer cadets helped ensure peace. For weeks, they set up roadblocks and patrolled the kampungs of Katong and Geylang, where […]
BEIJING (Reuters) – China will stabilize trade by reducing tariffs, improving export tax rebate policies and cutting insurance fees for export companies, state television reported on Wednesday, citing a state council meeting chaired by Premier Li Keqiang. “We will improve our reserve of policy tools and roll the measures out at the right time,” state […]
(Reuters) – The euro held near a three-week low against the dollar on Wednesday as investors trimmed expectations of aggressive rate cuts from the U.S. Federal Reserve later this month, pushing U.S. Treasury yields and the greenback higher. Expectations of easier monetary policy from U.S. policymakers soared last month and traders were waiting to see […]
HONG KONG – While the deadlock between the government and the anti-extradition supporters drags on, the city’s legislators are calling for views for the annual Policy Address to be delivered in October. The government said on Wednesday (July 10) that it has launched the public consultation exercise for the Address, Chief Executive Carrie Lam’s third. […]
(Reuters) – European shares dipped in early trading on Wednesday ahead of U.S. Federal Reserve Chair Jerome Powell’s two-day testimony where investors will closely watch for signs of an interest-rate cut later this month. Powell is scheduled to give his semi-annual monetary policy testimony to Congress at 1400 GMT, and investors see a worrying lack […]
SINGAPORE – A jobless man, intoxicated after downing several cans of beer, felt the urge to set something on fire, a court heard. Loh Hsien Aik, 33, set the seat of a motorcycle on fire and the flames soon spread to five other vehicles, causing more than $103,000 in damage. This took place near Block […]
QINGDAO (XINHUA) – Qingdao customs in east China’s Shandong province have seized 12 living adult ants and 10 ant eggs in a parcel mailed from Australia, the customs said on Tuesday (July 9). After preliminary identification, the ants include two Myrmecia pyriformis and 10 Iridomyrmex purpureus, both endemic to Australia. The Myrmecia pyriformis, with a […]