Sunday, 13 Jul 2025

Asia

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U.S. low-income lending rules should promote affordable housing, Fed official says

WASHINGTON (Reuters) – An overhaul of U.S. lending rules must boost incentives to promote affordable housing for low-and-moderate income families, a U.S. Federal Reserve governor said on Tuesday, touching on two issues which will take center stage if Democrats win on Nov. 3.FILE PHOTO: Federal Reserve Board Governor Lael Brainard speaks at the John F. […]

Malaysia ruling parties Umno, PAS to formalise pact amid turmoil

KUALA LUMPUR (BLOOMBERG) – The United Malays National Organisation (Umno) and Pan-Malaysian Islamic Party (PAS) pledged to strengthen their cooperation in preparation for the next general election in Malaysia, leaders from the two ruling parties said in a joint statement. Umno and PAS will register their alliance under the name ‘Muafakat Nasional’ with the Registry […]

NKF chairman Koh Poh Tiong to step down, pass on baton to Singtel CEO Arthur Lang

SINGAPORE – National Kidney Foundation (NKF) chairman Koh Poh Tiong will step down on Oct 31, after holding the position for eight years. Mr Koh will be succeeded by Mr Arthur Lang, the chief executive of Singtel’s International Group who joined the foundation as a board director in 2015. In announcing Mr Koh’s relinquishing of […]

Bank of Canada survey finds business sentiment improves but remains negative

FILE PHOTO: A server at Mamma Martino’s Restaurant serves customers after indoor dining restaurants, gyms and cinemas re-open under Phase 3 rules from coronavirus disease (COVID-19) restrictions in Toronto, Ontario, Canada July 31, 2020. REUTERS/Carlos OsorioOTTAWA, Oct 19 (Reuters) – Business sentiment in Canada has improved as COVID-19 restrictions have eased, though it remains “negative” […]

Jakarta's main airport sets special lanes for Indonesia-Singapore travellers

JAKARTA (THE JAKARTA POST/ASIA NEWS NETWORK) – Indonesia’s largest airport, Soekarno-Hatta International Airport, is providing special lanes for passengers travelling between Indonesia and Singapore as the two countries have agreed to establish a travel corridor to facilitate diplomatic missions and essential business trips. The travel arrangement, called the reciprocal green lane (RGL), will come into […]

Indonesia, US set to boost defence cooperation after Prabowo Subianto meets Mark Esper

JAKARTA – Indonesia and the United States have agreed to boost defence and security cooperation after a meeting between Indonesian Defence Minister Prabowo Subianto and US Defence Secretary Mark Esper in Washington. The top defence officials discussed “regional security, bilateral defence priorities, and defence acquisitions” in their meeting last Friday (Oct 16), according to a joint […]

Investors cut Thailand loose as protests cloud recovery

BANGKOK (Reuters) – Investors dumped Thai stocks on Monday and analysts warned of a possible selloff in the currency, as worries mount that escalating confrontation between the authorities and anti-government protesters could drag Asia’s worst performing market even lower.Slideshow ( 2 images )Thailand’s benchmark equity index .SETI fell 2% to a six-month low in the […]