LONDON (Reuters) – The cost of insuring exposure to Mexico’s sovereign debt rose to the highest level in two months on Friday after U.S. President Donald Trump said the United States planned to impose 5% tariffs on all imports from its southern neighbor from June 10. Mexico five-year credit default swaps rose 2 basis points […]
NEW YORK (Reuters) – Add this to worries about Wall Street: The index of planes, trains and trucking companies, considered an important stock barometer of the U.S. economy’s health, is struggling. The Dow Jones Transportation Average has swooned more than 8% this month, a far steeper decline than that of the Dow Jones Industrial Average […]
SINGAPORE – The first two weeks of June are expected to be as wet, warm and humid as it was in the last two weeks of May, said the Meteorological Service Singapore in a statement on Friday (May 31). With strong day-time heating of land areas, thundery showers are expected mostly in the late morning […]
The 2016 Scripps National Spelling Bee in the US was won last week by two boys of Indian origin – Nihar Janga, 11, from Texas, and Jairam Hathwar, 13, from New York. The pair battled for 25 rounds in the final of the national competition, which was broadcast live on TV. They were declared joint […]
The Philippines has shipped 69 containers of what its officials called illegally transported waste back to Canada. Tonnes of rubbish were loaded overnight on the container ship M/V Bavaria, which left on a 20-day journey from Subic Bay freeport in the north-western Zambales province to the Canadian city of Vancouver. Port administrator Wilma Eisma said […]
TOKYO (Reuters) – Japan on Friday named six investment banks to lead manage a mammoth sale of shares in Japan Post Holdings, leaving out top-ranked Nomura Holdings days after it was disciplined over an information leak. The Ministry of Finance said it had chosen Daiwa Securities, Mizuho Securities and SMBC Nikko Securities to handle the […]
Afghans are trying to forget the horrors of conflict and dedicate their time to supporting their cricket team. As the Cricket World Cup begins, a sense of excitement has gripped Afghanistan. The country is rallying around its beloved national team, with hopes stirred after a recent victory against Pakistan in a warm-up match in Bristol, a city […]
BEIJING (BLOOMBERG) – Beijing has readied a plan to restrict exports of rare earths to the US if needed, as both sides in the trade war dig in for a protracted dispute, according to people familiar with the matter. The government has prepared the steps it will take to use its stranglehold on the critical […]
SINGAPORE – Singaporeans and permanent residents interested in obtaining tickets for this year’s National Day Parade (NDP) have until Sunday (June 2) to submit their application. They can apply via the NDP website, or through AXS and SAM stations. Applicants can apply for two, four or six tickets for either one of the previews held […]
SINGAPORE – People with a severe form of a sleep disorder called obstructive sleep apnea (OSA) were 14 times more likely to die and twice as likely to suffer from cardiovascular complications within a month of surgery, compared to those without the condition, an international study has found. In addition, people with moderate OSA were […]