Tuesday, 1 Oct 2024

Asia

Asia News – Get latest breaking news & top stories today in Asia, South-East Asia, South Asia, East Asia, Australia/New Zealand at…

Young, radical and ready for tear gas

In just one week Hong Kong has witnessed two of its largest ever protests, as well its most violent protest in decades. At the forefront of these demonstrations are young people, many barely out of their teens. How did they get radicalised – and how did they manage to force the government’s hand? “We screamed […]

Wife of former Nissan boss Ghosn urges Trump to help her husband

LONDON (Reuters) – The wife of former Nissan Motor chairman Carlos Ghosn urged U.S. President Donald Trump to raise her husband’s case with Japan’s prime minister at a summit of world leaders later this month. “I’d like President Trump to speak to Prime Minister Abe about fair conditions, fair trial conditions and to let me […]

Indian stuntman disappears in Ganges river after Houdini trick

KOLKATA (AFP) – An Indian stuntman who entered the Ganges river on Sunday (June 16) tied up with steel chains and rope is missing, police said. Chanchal Lahiri, known by his stage name “Jadugar Mandrake” (Wizard Mandrake), was lowered into the river by crane as family members, media and police watched from the banks. But […]

Banks' gains keep European shares afloat after Lufthansa warning

(Reuters) – European stock markets opened flat to marginally higher on Monday as a Deutsche Bank and HSBC-led rise in banking shares offset a fall in airlines following a profit warning from Germany’s Lufthansa. Deutsche, which has been cutting back and reorganizing for months, gained 3% after the Financial Times reported that the German lender […]

Credit Suisse in advanced discussions on future of InvestLab

ZURICH (Reuters) – Credit Suisse said on Monday it was in advanced talks on the future of investment product platform InvestLab. “Credit Suisse is in advanced discussions regarding strategic alternatives to support the further development of Credit Suisse InvestLab, although no final decision has been made,” the Swiss bank said in a statement. Financial news […]

Huawei warns Trump’s ban might wipe out $41 billion of sales growth

SHENZHEN (BLOOMBERG) – Huawei Technologies founder Ren Zhengfei expects US sanctions to curtail its revenue by about US$30 billion (S$41 billion) over the coming two years, wiping out the networking giant’s growth by withholding critical American technology. Sales at China’s largest technology company will likely remain stagnant at about US$100 billion in 2019 and 2020, […]

SCDF ragging incident death: NSF's last words were 'cannot encik'

SINGAPORE – The last words uttered by Corporal Kok Yuen Chin before falling into the 12m-deep pump well were of protest. “Cannot encik,” the 22-year-old had said, using the Malay word for “mister”, just seconds before he was pushed into the Tuas View Fire Station pump well where he drowned during a ragging incident to mark […]

Hong Kong leader Carrie Lam clings to power after mass protests

HONG KONG (BLOOMBERG) – Historic crowds shut down central Hong Kong for a second straight on Sunday (June 16), calling on embattled leader Carrie Lam to step aside. There’s one problem: Nobody seems quite sure who should replace her. Many of the hundreds of thousands of protesters who turned out Sunday – organisers put the […]

Hong Kong rallies after extradition law U-turn as Asian markets bounce

HONG KONG (AFP) – Hong Kong stocks rallied on Monday (June 17), leading most Asian markets higher after last week’s losses, with investors cheering a decision by the city to suspend plans to push through a controversial extradition law. Investors are also moving cautiously ahead of two huge market-moving events: the Federal Reserve policy meeting […]