Wednesday, 2 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…

US man guilty of extorting Singapore over HIV data

An American man has been found guilty by a US court of trying to extort the Singaporean government over information in a leaked official HIV database. The court in Kentucky heard Mikhy Farrera-Brochez had sent two emails to Singaporean officials in 2018. In them he said he had possession of an official database containing the […]

6-year-old girl dies after falling from Ang Mo Kio HDB flat

SINGAPORE – A 6-year-old girl was found dead at the ground floor of an Ang Mo Kio Housing Board flat on Tuesday (June 4). She is believed to have fallen from height. The police said that they were alerted to a case of unnatural death at Block 637 Ang Mo Kio Avenue 6 at 5.38pm. […]

Beijing silences buses for all-important college entrance exam

BEIJING (XINHUA) – The Chinese capital Beijing will forbid its buses from honking as they pass sites where students sit the national college entrance examination. The Beijing Public Transport said Tuesday (June 4) it would add over 200 vehicles on 361 routes passing the city’s 89 test sites between Friday and Saturday, when the all-important […]

Prayuth in the lead as Thailand's parliament set to pick PM

Retired general who led 2014 coup expected to stay in power, overcoming challenge of popular rival Thanathorn. Thailand’s new parliament is set to vote for prime minister, with retired General Prayuth Chan-ocha appearing set to stay in power thanks largely to the support of senators who were handpicked by the country’s military government. Prayuth, who led a […]

South African central bank mandate back in crosshairs after GDP shock

PRETORIA/JOHANNESBURG (Reuters) – South Africa’s governing party has agreed to expand the central bank’s mandate to include employment and growth as well as inflation, a senior party official said on Tuesday, hours after data showed the worst economic contraction in a decade. The rand extended losses after the comments from African National Congress (ANC) Secretary […]

UK's Philip Green pledges more cash to Arcadia's pension scheme: Sky News

(Reuters) – British retail businessman Philip Green has agreed to pledge another 25 million pounds ($32 million) to Arcadia Group’s pension scheme, Sky News reported on Tuesday. The latest funding, in the form of security over Arcadia property assets, was part of a bid to secure The Pensions Regulator’s backing for the restructuring of Green’s […]

U.S. regulators probe embattled hedge fund firm City Financial

LONDON (Reuters) – U.S. regulators are investigating City Financial Investment Company, a London-based hedge fund firm that entered administration three months ago, according to a notice published at UK companies registrar Companies House on Tuesday. The U.S. Securities and Exchange Commission (SEC) watchdog started an inquiry before two administrators from FRP Advisory were jointly appointed […]

Canada raises capital requirement for domestic banks to 2%

(Reuters) – Canada’s bank regulator, the Office of the Superintendent of Financial Institutions, on Tuesday raised the capital requirement level for ‘systemically important’ banks in the country by 25 basis points, to 2%. The increased domestic stability buffer indicates the regulator’s view that Canadian banks were still vulnerable to factors such as household indebtedness, asset […]