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Asia

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U.S. wholesale inventories revised higher; sales surge

FILE PHOTO: Containers are seen on a shipping dock, as the global outbreak of the coronavirus disease (COVID-19) continues, in the Port of Los Angeles, California, U.S., April 16, 2020. REUTERS/Lucy NicholsonWASHINGTON (Reuters) – U.S. wholesale inventories increased more than initially estimated in October, suggesting inventory investment could contribute to economic growth in the fourth […]

Bank of Canada keeps key rate at 0.25%, maintains QE policy

OTTAWA (Reuters) -The Bank of Canada on Wednesday left its key interest rate unchanged at 0.25%, as expected, and said it would maintain its current policy of quantitative easing, balancing the ongoing COVID-19 risks against vaccine optimism.FILE PHOTO: A sign is pictured outside the Bank of Canada building in Ottawa, Ontario, Canada, May 23, 2017. […]

India denies reports it rejected emergency approval for AstraZeneca's Covid-19 vaccine shot

NEW DELHI (REUTERS) – India’s health ministry rejected reports on Wednesday (Dec 9) that the country’s drugs regulator had declined emergency authorisation for the AstraZeneca Covid-19 vaccine candidate and one developed locally by Bharat Biotech. Broadcasters NDTV and CNBC-TV18 reported that India’s Central Drugs Standard Control Organisation (CDSCO) had sought more data from the drugmakers […]

Japanese libraries hope UV machine gives visitors peace of mind

TOKYO (REUTERS) – Libraries in Japan are hoping a machine that sterilises books using ultraviolet light is giving visitors reassurance to take-out publications during the coronavirus pandemic. Libraries across the country are installing the machine, which takes 30 seconds to sterilise a book using UV light and flutter its pages to clear out dust. The […]

Ex-senior public servant convicted of 1 molestation charge, acquitted of 5

SINGAPORE – A man was on Wednesday (Dec 9) convicted of molesting a female subordinate in 2016 when he was a senior public servant in an education-related government body. The 67-year-old Singaporean had earlier claimed trial to six counts of molestation involving the victim and another woman. On Wednesday, District Judge John Ng found him […]