Singapore has adopted an international agreement which commits the Republic to creating, implementing and periodically reviewing a national policy on workplace safety and health, in consultation with employers and workers. Manpower Minister Josephine Teo announced yesterday in Geneva, Switzerland, that Singapore has ratified the International Labour Organisation’s (ILO) Occupational Safety and Health Convention. Speaking at […]
Hong Kong’s Chief Executive Carrie Lam criticised protests against a proposed bill that would allow extradition to China, calling them “organised riots”. She said the clashes between protesters and police were “unacceptable for any civilised societies”. Seventy-two people aged between 15 and 66 were injured in violence, including two men who were in critical condition. […]
WASHINGTON (Reuters) – U.S. President Donald Trump said on Wednesday he had no specific deadline for a trade deal with China that would allow Beijing to escape the imposition of 25 percent tariffs on $300 billion worth of exports to the United States. “I have no deadline. My deadline is what’s up here?” Trump told […]
GENEVA (Reuters) – Global foreign direct investment (FDI) fell by 13 percent last year because of government intervention, Brexit uncertainty and U.S. President Donald Trump’s tax and trade policies, the United Nations trade and development agency UNCTAD said on Wednesday. UNCTAD forecasts a modest recovery of 10% this year, though with high uncertainty, since several […]
Hundreds of thousands of people have been evacuated along parts of India’s eastern coast as the region braces itself for a powerful cyclone. Cyclone Vayu, which has been classified as “very severe”, is expected to make landfall early on Thursday. Forecasters warned of heavy rains and high winds of up to 170 km/h (105 mph). […]
MANILA – The Philippines has called for an investigation after a Chinese fishing boat rammed into and sank a Philippine fishing boat near a disputed reef in the South China Sea on Sunday (June 9). Defence Secretary Delfin Lorenzana said in a statement on Wednesday that the Philippine vessel was anchored at Reed Bank, when […]
EXTRADITION CRISIS Hong Kong lawmakers were forced to delay a planned debate of the controversial extradition Bill on Wednesday morning after thousands of protesters parked themselves outside the government headquarters in Admiralty and blocked key downtown routes to show their opposition. Shortly after 9am, protesters started clapping and chanting “go Hong Kong, go”, “cancel the […]
JOHANNESBURG (Reuters) – A South African legal case over exchange-rate rigging is set to drag on after the anti-trust tribunal ordered the competition watchdog on Wednesday to clarify the charges it is seeking, particularly regarding foreign banks it has no jurisdiction over. The tribunal also dismissed a request from the banks involved to have the […]
JOHANNESBURG (Reuters) – A South African legal case over exchange-rate rigging is set to drag on after the anti-trust tribunal ordered the competition watchdog on Wednesday to clarify the charges it is seeking, particularly regarding foreign banks it has no jurisdiction over. The tribunal also dismissed a request from the banks involved to have the […]
(Reuters) – U.S. mortgage lenders turned optimistic about profits in the second quarter for the first time in nearly three years as tumbling interest rates led to a jump in demand for home loans, a survey from Fannie Mae showed on Wednesday. The share of lenders surveyed who said they expect their profits to increase […]