Sunday, 19 May 2024

Asia

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US-China trade tensions escalate at Asia Pacific talks

Leaders of Asia-Pacific nations failed for the first time to agree a joint communique at a summit in Papua New Guinea yesterday after police were called when trade tensions between the US and China boiled over. Insiders said the sticking point was US demands to include reference to reforming the World Trade Organisation and “unfair […]

Modi stacks Indian central bank board with allies to turn heat up on governor

NEW DELHI/MUMBAI (Reuters) – As Prime Minister Narendra Modi’s government turns up the heat on the Reserve Bank of India (RBI) governor to do its bidding ahead of next year’s general election it is getting the central bank’s board to take on a much more powerful role, according to government officials and board members. Now […]

Strong undersea quake off Fiji, but no tsunami

SUVA (AFP) – A 6.7-magnitude earthquake struck off the coast of Fiji on Monday (Nov 19), the United States Geological Survey said, but it was too deep to cause any damage. It was centred 534km deep and 283km east of the capital Suva, where residents said they did not notice any shaking. The Pacific Tsunami […]

Viewpoint: The ‘feminist’ ruling angering Indian women

A recent Supreme Court ruling, which has been hailed as a feminist victory, has instead angered the Indian women it was meant to empower, says commentator Shyam Krishnakumar. At the Sabarimala temple in the southern Indian state of Kerala, a tense stand-off is under way between women who are determined to use a judicial verdict […]

Anwar focusing on party discipline, in no rush to replace Mahathir as PM

Datuk Seri Anwar Ibrahim, who was yesterday officially installed as leader of Malaysia’s largest ruling party, has kept the door open for Prime Minister Mahathir Mohamad to continue leading the country, saying he has to focus on whipping Parti Keadilan Rakyat (PKR) back into shape after its deeply divisive polls. “I’m back, I’m ready. But […]

Interpol Meets to Select New President After Leader’s Arrest in China

DUBAI, United Arab Emirates — Interpol gathered police chiefs from around the world in Dubai on Sunday to select a new president, months after the global crime-fighting agency’s former leader was abruptly arrested by China on corruption charges. The agency is holding its first general assembly since its president, Meng Hongwei, who was also China’s […]

China should cut income taxes to spur growth: former finance minister

BEIJING (Reuters) – China should cut corporate and personal income taxes to support the slowing economy amid a trade dispute with the United States, former Chinese finance minister Lou Jiwei said on Sunday. Facing the nation’s weakest economic growth since the global financial crisis, Chinese policymakers are fast-tracking road and rail projects, pushing banks to […]

APEC fails to reach consensus as U.S.-China divide dominates

PORT MORESBY (Reuters) – Leaders of Asia-Pacific economies were unable to agree on communique at a summit in Papua New Guinea on Sunday as deep divisions between the United States and China over trade and investment dominated the meeting. “You know the two big giants in the room,” Papua New Guinea (PNG) Prime Minister Peter […]

APEC fails to reach consensus as U.S.-China divide dominates

PORT MORESBY (Reuters) – Leaders of Asia-Pacific economies were unable to agree on communique at a summit in Papua New Guinea on Sunday as deep divisions between the United States and China over trade and investment dominated the meeting. “You know the two big giants in the room,” Papua New Guinea (PNG) Prime Minister Peter […]

Ministers to make community visits to all constituencies by mid-2020: Ong Ye Kung

SINGAPORE – To better understand Singaporeans’ concerns, political office holders, including full ministers, aim to make community visits to all constituencies by mid-2020, said Education Minister Ong Ye Kung on Sunday (Nov 18). These ministerial community visits have also been taking place more regularly – almost one every week – since Mr Ong disclosed plans […]