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…

Top Australian university reports vast, 'sophisticated' hack

SYDNEY (AFP, REUTERS) – A top Australian university with close ties to the country’s government and security services on Tuesday (June 4) said it had been the victim of a vast hack by a “sophisticated operator” who gained access to 19 years of sensitive data. In a message to staff and students, the Australian National […]

USTR, Treasury say China pursuing 'blame game' on trade talks breakdown

WASHINGTON (Reuters) – U.S. President Donald Trump’s administration said on Monday that China was pursuing a “blame game” in recent public statements and a weekend white paper that misrepresented the trade negotiations between the world’s two largest economies. In a joint statement, the U.S. Trade Representative’s (USTR) office and the U.S. Treasury reiterated their view […]

Dollar on defensive as U.S. bonds surge on Fed rate cut prospects

TOKYO (Reuters) – The dollar was on the defensive on Tuesday after taking a beating against peers such as the euro and yen, hurt by a sharp slide in U.S. Treasury yields as traders raised their bets for a near-term rate cut by the Federal Reserve. The benchmark 10-year Treasury yield fell to its lowest […]

Aussie police raid journalist's home over secret spying report

SYDNEY (AFP) – Australian police on Tuesday (June 4) raided the home of a prominent journalist who reported on a secret government plan to spy on Australian citizens. The Australian Federal Police said the raid was carried out early Tuesday in a suburb of the federal capital, Canberra, as part of an “investigation into the […]

Is trade spoiling the Trump-Modi bromance?

US President Donald Trump has singled out the European Union, China and several South American nations ever since he started his trade war. But his recent actions and rhetoric towards India have left many puzzled, says the BBC’s Suranjana Tewari in Mumbai. President Trump seems to be standing firm on his decision to impose tariffs […]

China securities regulator says trade war impact on markets is controllable

SHANGHAI (Reuters) – The Sino-U.S. trade war is affecting capital markets but the impact is controllable, China’s chief securities regulator said on Sunday in an interview with state-run China Central Television. Yi Huiman, chairman of the China Securities Regulatory Commission (CSRC), said that China’s capital markets are becoming more resilient and able to cope with […]

270 F&B outlets phasing out plastic straws by July 1

SINGAPORE – In a major step to cut plastic waste in the local food and beverage (F&B) sector, some 270 F&B outlets will stop providing plastic straws from July 1. The outlets, owned by 31 companies, will provide straws to customers only on request or for specific medical reasons, the World Wide Fund for Nature […]

China May factory activity shows recovery still patchy: Caixin PMI

BEIJING (Reuters) – China’s factory activity expanded at a steady but modest pace in May, a private survey showed, but analysts say front-loading of exports by firms to the United States to avoid higher tariffs masked underlying weakness in the economy. Manufacturers in the world’s second-biggest economy have come under severe pressure recently from an […]

Five bodies spotted in air search for missing climbers

Five bodies have been spotted by air force pilots searching for eight missing climbers in the Himalayas. The bodies were found yesterday before a rescue operation in the Indian state of Uttarakhand was suspended because of heavy snowfall and high winds. Attempts to find the three mountaineers unaccounted for will resume today. The group, including […]