Saturday, 23 Nov 2024

Asia

Asia News – Get latest breaking news & top stories today in Asia, South-East Asia, South Asia, East Asia, Australia/New Zealand at…

Alarm as China eases ban on rhino horn use

Animal conservationists are alarmed over China’s decision to partially reverse a ban on the trade of tiger bones and rhino horn. Rhinos and tigers are both endangered in the wild and China prohibited their trade in 1993. But on Monday it said parts from captive animals would be authorised for scientific, medical and cultural use. […]

EBRD report warns government transparency not improving

LONDON (Reuters) – A report from the European Bank for Reconstruction and Development on Tuesday warned that perceived transparency in government policymaking in its 38 economy bloc had not improved since the start of the decade. The development bank’s annual ‘transition” report which scores the progress of countries in six key areas from competitiveness and […]

Gas to overtake coal as world's second largest energy source by 2030: IEA

LONDON (Reuters) – Natural gas is expected to overtake coal as the world’s second largest energy source after oil by 2030 due to a drive to cut air pollution and the rise in liquefied natural gas (LNG) use, the International Energy Agency (IEA) said on Tuesday, The Paris-based IEA said in its World Energy Outlook […]

Oil prices fall as Trump counters OPEC plan to cut supply

SINGAPORE (Reuters) – Oil prices fell by more than 1 percent on Tuesday, with Brent crude sliding below $70 and WTI below $60 per barrel, after U.S. President Donald Trump put pressure on OPEC not to cut supply to prop up the market. U.S. West Texas Intermediate (WTI) crude oil futures were at $59.06 per […]

Critics sink Bollywood’s ‘Pirates of the Caribbean’

Bollywood superstars Amitabh Bachchan and Aamir Khan have come together for the first time in the $42m (£33m; 3bn-rupee) epic Thugs of Hindostan, one of India’s most keenly awaited films of the year. But, as Sudha G Tilak writes, the glossy period film about a rebellion against British rule has failed to excite critics and […]

White House to consider Commerce Department auto tariff recommendations: officials

WASHINGTON (Reuters) – The U.S. Commerce Department has submitted draft recommendations to the White House on its investigation into whether to impose tariffs of up to 25 percent on imported cars and parts on national security grounds, two administration officials said. The “Section 232” recommendations on ensuring a healthy U.S. auto industry are undergoing an […]

U.S. not concerned by Europe's idea for Iran trade as companies moving out

LONDON (Reuters) – The United States is not too concerned by Europe’s idea for a special purpose vehicle (SPV) to get around U.S. sanctions with Iran as companies are already withdrawing from the country in droves, the senior official for financial intelligence said. “I think the bigger news in Europe is that companies are withdrawing […]

Myanmar leader Aung San Suu Kyi calls for more foreign investment

SINGAPORE – Myanmar’s State Counsellor Aung San Suu Kyi on Monday (Nov 12) called on foreign businesses to invest in what she called “the last frontier of South-east Asia”, saying her government is working hard to make the business environment more attractive for investors. The country’s de facto leader said there are opportunities for investment […]