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Asia

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Sluggish UK economy falls behind the G7 pack again

LONDON (Reuters) -Britain’s economic recovery from the coronavirus pandemic lagged behind that of other rich nations in the July-September period, according to official data on Thursday which underscored the interest rate dilemma facing the Bank of England.FILE PHOTO: People sit at an outdoor restaurant on the South Bank during sunny weather, amid the coronavirus disease […]

Malaysia to buy Covid-19 antiviral pills

KUALA LUMPUR (THE STAR/ASAI NEWS NETWORK): The Malaysian Health Ministry has agreed to buy Covid-19 antiviral pills for use in Malaysia. Malaysian Deputy Health Minister Noor Azmi Ghazali told Parliament on Thursday (Nov 11): “The government, through the Health Ministry, has agreed to purchase 150,000 treatment packages of molnupiravir (antiviral pill).” He added: “This is […]

Asia's most expensive apartment sold in Hong Kong's Peak area

HONG KONG (BLOOMBERG) – A Hong Kong apartment sold for HK$640 million (S$111 million), making it Asia’s most expensive per square foot in a further sign of buoyancy in the city’s upscale housing market. Wharf Holdings and Nan Fung Development sold an apartment at Mount Nicholson, one of the most iconic upscale projects in the city, […]

New Zealand's Ardern urges Apec to include more women in workforces

WELLINGTON (BLOOMBERG) – New Zealand Prime Minister Jacinda Ardern has urged Asia-Pacific Economic Cooperation (Apec) countries to do more to include women and indigenous people in their workforces, saying it could bring enormous economic benefits as the world recovers from the pandemic. “Every crisis does present an opportunity,” Ms Ardern said on Thursday (Nov 11) as […]

Morning Briefing: Top stories from The Straits Times on Nov 11

Good morning! Here are our top stories to kick-start your Thursday, Nov 11. S’pore reports 3,481 new Covid-19 cases, 17 deaths; weekly infection growth rate at 0.88 The infection growth rate has been below one for eight days in a row. READ MORE HERE Fifth lion in Singapore tests positive for Covid-19 The African lion […]

Set global digital standards to close gap between haves, have-nots: PM Lee

SINGAPORE – The Asia-Pacific Economic Cooperation (Apec) bloc should lead the charge to forge global digital standards that are crucial in tackling the widening gulf of opportunities between digital haves and have-nots, said Prime Minister Lee Hsien Loong on Thursday (Nov 11). The 21-member bloc, having facilitated and improved trade liberalisation and investment across borders, […]