SYDNEY (REUTERS) – Australia will set up a A$1 billion (S$990 million) fund to invest in companies to develop low-emissions technology, Prime Minister Scott Morrison said on Wednesday (Nov 10), as the country seeks to cut carbon emissions and hit net-zero targets by 2050. Under the plan, the federal government will commit A$500 million to […]
FILE PHOTO: U.S. Treasury Secretary Janet Yellen speaks during a news conference with Irish Finance Minister Paschal Donohoe at Government buildings in Dublin, Ireland, November 1, 2021. REUTERS/Clodagh KilcoyneWASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Tuesday she still believes Congress should pass a debt limit deal on a bipartisan basis and that […]
NEW DELHI (NYTIMES) – India’s coronavirus crisis, which was killing thousands of people a day just seven months ago, has eased after the nation’s leaders revamped their policies and dramatically ramped up their vaccination drive. Now, as India celebrates the delivery of its 1 billionth dose, a feat that until recently seemed improbable, public health […]
NEW YORK (Reuters) – The dollar index was barely higher on Tuesday as traders were cautious a day ahead of highly anticipated U.S. inflation data.FILE PHOTO: An employee of the Korea Exchange Bank counts one hundred U.S. dollar notes during a photo opportunity at the bank’s headquarters in Seoul April 28, 2010. REUTERS/Jo Yong-HakThe dollar […]
SINGAPORE – The death of a construction company director could have been avoided if the company had implemented safety measures following an assessment of safety hazards it had carried out, said the state coroner. Delivering his findings regarding the death of Mr Koh Kok Heng, 53, State Coroner Adam Nakhoda said on Tuesday (Nov 9) […]
SINGAPORE – When Women @ ST Engineering was set up in 2019, one of the first things it did was to renovate the rooms used by nursing mothers across all ST Engineering Hub premises. Ms Stephanie Hung, 52, senior vice-president of Cloud Technology at ST Engineering and chairman of Women @ ST Engineering, said: “We wanted to […]
FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 8, 2021. REUTERS/Staff(Reuters) – European shares steadied near record highs on Tuesday, as strong corporate earnings supported sentiment, while investors awaited fresh U.S. inflation data for clues on the interest rate outlook. The pan-European STOXX 600 […]
SINGAPORE – Malaysian Nagaenthran K. Dharmalingam, who is scheduled to be hanged on Wednesday (Nov 10) for drug trafficking, has tested positive for Covid-19. This was revealed before a packed courtroom on Tuesday (Nov 9). Because of this, the 33-year-old was granted a further stay of his execution by a three-judge Court of Appeal that […]
HONG KONG – Hong Kong is preparing for quarantine-free travel for up to 1,000 residents daily between the city and neighbouring Guangdong province in December, with an eye on global travel in the second quarter of next year, Hong Kong’s top officials have revealed. Speaking at a weekly briefing on Tuesday (Nov 9), Chief Executive […]
TAIPEI (BLOOMBERG) – Taiwan laid out plans to challenge what it described as China’s “grey zone threats” to shift the balance of power in the region and possibly take the island without fighting a battle. The Taiwanese Ministry of National Defence described Beijing’s pressure campaign in a biennial military strategy report released Tuesday (Nov 9) […]