Indonesian investigators have released a preliminary report on the Lion Air flight JT610 that crashed on 29 October, killing 189 people. It details what is known by the authorities about the short time the Boeing 737 Max plane was in the air, but does not give a definitive cause for the accident. The full report […]
SRINAGAR, Kashmir — Indian security forces on Wednesday killed one of the most wanted Kashmiri militants, a young fighter who had escaped from police custody earlier this year and was accused of later assassinating a prominent newspaper editor. According to police officials, Naveed Jatt was cornered in a small house that was being used as […]
SINGAPORE -The sale and display of elephant ivory in Singapore may soon be illegal, under a proposed ban by the Agri-Food and Veterinary Authority (AVA) to strengthen the Republic’s stance against the trade in tusks and elephant poaching. Singapore is among the countries that have banned the commercial import and export of all forms of […]
BERLIN (Reuters) – Euro zone members aim to agree reforms to make their currency union more resilient when they meet next week, including by broadening the powers of the ESM bailout fund, Finance Minister Olaf Scholz said on Wednesday. In a speech seen as an answer to French President Emmanuel Macron’s calls for deeper euro […]
SINGAPORE – Individual actions – billions of them by billions of people each day, can have a significant impact on global warming. In fact, the only way to battle the predicament is for individuals, businesses, organisations and governments to work together to enforce rapid, far-reaching and unprecedented change, said an expert panel discussing the costs […]
(Reuters) – Treasury Secretary Steven Mnuchin privately asked bond dealers and investors whether they want the Federal Reserve to tighten monetary policy by raising interest rates, or by reducing its balance sheet faster, Bloomberg reported on Wednesday, citing six people familiar with the matter. Mnuchin raised the question with a Treasury advisory committee in an […]
SINGAPORE – Orchard Road will go smoke-free from Jan 1 next year, when lighting up in public areas will be allowed only within designated smoking areas and there will be no more smoking corners in eateries within the precinct. The National Environment Agency (NEA) will be ramping up publicity for the No Smoking Zone in […]
LONDON (Reuters) – European shares attempted a rebound on Wednesday as trade war fears which had pushed indexes into the red during the previous session eased on the prospect of a meeting between the U.S. and Chinese presidents at a G20 meeting. The pan-European STOXX 600 benchmark was up 0.2 percent by 0956 GMT with […]
BERLIN (Reuters) – German Finance Minister Olaf Scholz said on Wednesday he wants euro zone reforms to include changing the European Stability Mechanism bailout fund to a European Monetary Fund (EMF) to support members states when needed. “(We want an ESM) With a bigger remit and possibilities for preparing and implementing aid programs for euro […]
BRUSSELS (Reuters) – European Union banks have cut bad loans and raised provisions, the European Commission said on Wednesday, before EU finance ministers decide next week when to introduce an EU deposit guarantee scheme that hinges on lower risk in banks. The European Deposit Insurance Scheme (EDIS) would guarantee that the holder of a deposit […]