Tuesday, 1 Oct 2024

Asia

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Haitong International Securities cuts business ties with UBS after 'Chinese pig' comment

BEIJING/SHANGHAI (Reuters) – Haitong International Securities Group Ltd said it has cut ties with UBS Group AG, following a comment about Chinese pigs made by the Swiss bank’s global chief economist that was perceived by some as a racist slur. Haitong International has suspended all collaboration with UBS, including corporate finance and trading, the Hong […]

From homework to helmets, Hong Kong's protesters evolve and harden

HONG KONG (AFP) – The optimism that once defined Hong Kong’s pro-democracy rallies has been replaced by desperation and foreboding as young protesters flood the streets again, this time ready to fight in what feels like a last-ditch battle for the city. When police cleared protesters from the centre of Hong Kong after the two-month […]

Australian rare earth miners push development deals to counter China grip

MELBOURNE (REUTERS) – Rare earth developers in Australia say they are edging closer to signing deals with new customers that would drive forward their projects amid mounting global supply concerns over the minerals that are crucial to high-tech industries. Australia contains only 2.8 per cent of the world’s rare earth reserves, according to the United […]

U.S. Special Forces Battle Against ISIS Turns to Containment, and Worry

DEH BALA, Afghanistan — Two years ago, Pentagon officials said that American forces in the remote reaches of Afghanistan could defeat the Islamic State’s offshoot here by the end of 2017. This month, American Special Forces in eastern Afghanistan were still fighting, with no end in sight. During a visit by a New York Times […]

Bulk of retrenched residents in Q1 are PMETs

Professionals, managers, executives and technicians (PMETs) continued to make up the majority of retrenched residents in the first three months of this year, and will bear the brunt as the employment outlook worsens, say experts. Close to 70 per cent of retrenched residents were PMETs, as they form a higher share of the workforce and […]

Malaysia gay sex video: It's not my son, says Haziq's father

PETALING JAYA (THE STAR/ASIA NEWS NETWORK) – The father of Santubong PKR Youth chief Haziq Abdullah Abdul Aziz does not think his son is the person in the sex video purportedly involving Malaysian Economic Affairs Minister Datuk Seri Azmin Ali. The Sun reported on Friday (June 14) that Mr Abdul Aziz Ibrahim, 53, was in […]

China raises anti-dumping duties on some US, EU steel tubes and pipes

BEIJING (REUTERS) – China said on Friday (June 14) that it was raising anti-dumping duties on certain alloy-steel seamless tubes and pipes used at utilities and imported from the United States and the European Union. The anti-dumping tax rate applicable to the steel tubes and pipes is between 57.9 per cent and 147.8 per cent […]

Fannie, Freddie government guarantee should be limited: U.S. housing finance chief

WASHINGTON (Reuters) – The head of the U.S. Federal Housing Finance Agency (FHFA) said on Thursday that Congress should create a “limited” explicit guarantee for government-sponsored enterprises Fannie Mae and Freddie Mac. “The explicit guarantee should be limited, clearly defined, and paid for,” Mark Calabria told an audience in Washington. Fannie and Freddie have operated […]

Chinese police detain two for spreading 'false rumours' about Huawei

SHANGHAI (REUTERS) – Chinese police have detained two men and reprimanded another for spreading online rumours about telecommunications equipment manufacturer Huawei, state news agency Xinhua reported late on Thursday (June 13). Huawei filed a complaint about rumours being spread online that some of its employees had been detained on charges of spying for the United […]