KUALA LUMPUR – Opposition leader Anwar Ibrahim may have failed once again to ascend to Malaysia’s top office during the recent political crisis, but his Pakatan Harapan (PH) coalition is better placed today to repeat its 2018 victory at the next election, compared to 18 months ago when it was suddenly ousted. Analysts believe public […]
WASHINGTON (AFP) – The Taleban has asked the United States to maintain a diplomatic presence in Kabul after the American pullout but Washington has yet to decide on its plans, US officials said on Friday (Aug 27). Afghanistan’s new hardline Islamist rulers want countries to keep their embassies open after the evacuation mission wraps on […]
DHAKA (REUTERS) – At least 19 people were killed and dozens were missing after a boat packed with passengers slammed into a vessel transporting sand on Friday (Aug 27) in the latest waterways tragedy to hit Bangladesh. “We have so far recovered 19 bodies,” said Anisur Rahman, chief police official in the eastern district of […]
NEW YORK (Reuters) -The dollar slid on Friday after the market perceived a highly anticipated speech by Federal Reserve Chair Jerome Powell to be dovish, even as he indicated tapering the U.S. central bank’s massive support to the economy could start by year’s end.FILE PHOTO: A U.S. Dollar banknote is seen in this illustration taken […]
BEIJING (BLOOMBERG) – A vaccine from China’s Chongqing Zhifei Biological Products Co showed 82 per cent effectiveness against serious Covid-19 infections, boosting the country’s efforts to immunise its vast population. In late-stage clinical trials, the vaccine – dubbed ZF2001 – has been shown as 92.93 per cent effective against the Alpha variant and almost 78 […]
BEIJING (BLOOMBERG) – A vaccine from China’s Chongqing Zhifei Biological Products Co showed 82 per cent effectiveness against serious Covid-19 infections, boosting the country’s efforts to immunise its vast population. In late-stage clinical trials, the vaccine – dubbed ZF2001 – has been shown as 92.93 per cent effective against the Alpha variant and almost 78 […]
(Reuters) – U.S. bond funds witnessed a big increase in inflows in the week to Aug. 25 on caution ahead of a long-awaited speech by the Fed Chair Jerome Powell at the Jackson Hole Symposium, that could give clues about the tapering of U.S. monetary stimulus.FILE PHOTO: A trader works on the trading floor at […]
Inside Hong Kong Ep 8: Hong Kong’s upcoming new and toughened laws 10:30 mins Synopsis: Every week, The Straits Times analyses the latest developments in Hong Kong. The Straits Times’ Hong Kong correspondent Claire Huang speaks with Money FM’s Rachel Kelly and Timothy Go on the following points: 1. New data privacy law will create complications […]
SINGAPORE – Several subcontractors face heavy financial losses after the shock closure of five Build-To-Order (BTO) projects by troubled construction company Greatearth last week, The Straits Times (ST) understands. The firms could not only miss out on the contracting fees owed them by Greatearth but they are now locked out of sites, so they cannot retrieve […]
SINGAPORE – A total of 88 organisations were recognised for their inclusive practices on Friday (Aug 27) as President Halimah Yacob called for more employers to integrate people with disabilities into the workplace. These organisations received the Enabling Mark, the first national-level accreditation framework for such practices, launched last October. “These awards celebrate the spirit […]