LONDON (Reuters) – Liquidity, or the ability to buy and sell currencies whenever needed with minimal market impact, is seen by currency traders as the biggest challenge for 2019, according to an annual client survey by JP Morgan published on Tuesday. The views of the biggest 200 institutional trader clients, mostly focused on the $5.1 […]
The little island that could Once a mosquito-ridden swamp and colonial backwater, Singapore’s amazing story from Third World to First has been well-chronicled. This week, the ‘Little Red Dot’ — the mocking description of the island by a former Southeast Asian leader that the entrepot city-state cheerily, and cheekily, adopted as its own label — […]
SINGAPORE – A total of 120 “fortune bags” were given out to the elderly from the Care Corner Senior Activity Centre in Woodlands on Tuesday (Jan 29), as part of a Singapore Press Holdings’ (SPH) annual event to spread festive cheer to the community. Each bag contains items such as brown rice, biscuits, Milo, coffee and […]
SEATTLE/TOKYO (Reuters) – Japan’s ANA Holdings Inc said it would order 38 planes worth $4.33 billion from Boeing Co and Airbus, and buy a stake in Philippines Airlines parent PAL Holdings Inc to support its Asia growth strategy. This confirms a Reuters report that Boeing was close to a deal to sell 737 MAX jets […]
TAIPEI (AFP) – The wife of a Taiwanese democracy activist jailed in China condemned Beijing on Tuesday (Jan 29) after she was banned from visiting him in prison for three months in a case that has strained cross-strait ties. NGO worker Lee Ming-che was sentenced to five years in prison in November 2017 on charges […]
MANILA (REUTERS) – In a rare move, the largest group of Catholic bishops in the Philippines has sought forgiveness for its lengthy silence over “disturbing issues”, such as the president’s bloody war on drugs and his attacks on the church and its doctrines. The church is highly influential and an important source of moral guidance […]
Talks to resolve a bitter trade war between the United States and China are likely to succeed, because China “will go 80 per cent to meet US demands”, former foreign minister George Yeo said yesterday. “It’s not because they are afraid or generous, but because they know time is on their side,” he told 1,200 […]
KUALA LUMPUR (THE STAR/ASIA NEWS NETWORK) – A good intention ended in tragedy when two elderly women lost their lives on Monday (Jan 28) trying to get their hands on a free meal. The victims identified as Madam Ah Poh, 85, and Madam Law Ion Nang, 78, died after being critically injured in a rush […]
SAN FRANCISCO (Reuters) – The California Public Utilities Commission on Monday approved a plan by power provider PG&E Corp to seek up to $6 billion in debtor-in-possession financing for its expected bankruptcy. The commission backed the plan at an emergency meeting ahead of PG&E’s anticipated filing for Chapter 11 bankruptcy protection. The plan increases PG&E’s […]
Families of children with developmental needs will have better access to early intervention programmes from April 1, with new subsidies that will cut the cost of government programmes for most families – some by more than half – as well as a broadening of income criteria to allow more to get help. Two new programmes […]