Wednesday, 27 Nov 2024

Asia

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China's exports shrink most in two years, raising risks to global economy

BEIJING (Reuters) – China’s exports unexpectedly fell the most in two years in December, while imports also contracted, pointing to further weakness in the world’s second-largest economy in 2019 and deteriorating global demand. Adding to policymakers’ worries, data on Monday also showed China posted its biggest trade surplus with the United States on record in […]

Voice recorder of crashed Lion Air jet found – Indonesian official

The cockpit voice recorder of the Lion Air jet that crashed into the Java Sea in October has been found, an Indonesia official said. Ridwan Djamaluddin, a deputy maritime minister, told reporters that the National Transportation Safety Committee had informed the ministry about the discovery. He said human remains were also discovered at the seabed […]

Aussie, kiwi dollar tumble on poor China trade data

SINGAPORE (Reuters) – The dollar rose versus the Australian dollar and kiwi dollar, gauges for global risk appetites, as investor sentiment was hurt by trade data increasing concerns China could have a sharp economic slowdown. Broader market sentiment turned negative after data showed that China’s December exports unexpectedly fell 4.4 percent from a year earlier, […]

Kelantan prince's ex-wife running for legislative seat in Indonesia

Former Indonesian model Manohara Odelia Pinot, who made international headlines in 2009 for escaping in Singapore from her Malaysian prince-husband for alleged physical abuse, is running as a legislative candidate in Indonesia’s April election. She was only 16 in 2008 when she married Tengku Muhammad Fakhry Petra, the younger brother of Sultan Muhammad V, the […]

Hindus gather in India for world's largest festival

ALLAHABAD, INDIA (AFP) – Hindu devotees began gathering Sunday (Jan 13) in northern India for the world’s largest religious festival, with millions of pilgrims travelling to bathe in holy rivers for the spectacular Kumbh Mela. State authorities in Uttar Pradesh are expecting 12 million visitors to descend on Allahabad for the centuries-old festival, which officially […]

China to roll out measures to maintain stable employment: Xinhua

BEIJING (Reuters) – China will roll out a series of measures to maintain stable employment this year, the official Xinhua news agency reported on Sunday, citing the country’s human resources ministry. China is grappling with the impact of a slowing economy amid a damaging trade dispute with the United States, its largest trading partner, and […]

Singapore Airlines warns of phishing scam promising free plane tickets

SINGAPORE – Free Singapore Airlines (SIA) tickets from clicking on a link? Probably too good to be true. SIA warned customers in a Sunday (Jan 13) Facebook post that a website masquerading as its own was offering free tickets as prizes before asking for personal data. The airline has since reported the site and asked […]