WASHINGTON (Reuters) – Some G20 creditor countries are reluctant to broaden and extend another year of coronavirus debt service relief to the world’s poorest countries, so a six-month compromise may emerge this week, World Bank President David Malpass said on Monday.FILE PHOTO: World Bank Group President David Malpass attends a news conference after a meeting […]
MANILA – The lower house of the Philippine Congress was thrown into disarray on Monday (Oct 12) after key allies of President Rodrigo Duterte duelled for control of the chamber, stalling approval of next year’s national budget which includes key funding for efforts to recover from the Covid-19 pandemic. The turmoil followed what amounted to […]
Good evening! Catch up on some of the main headlines on Monday, Oct 12. Cruises to nowhere: Genting Cruises gets more than 6,000 bookings in 5 days A total of 23 Genting Cruise Lines sailings, each with a maximum capacity of 1,700 passengers, are scheduled for November and December. READ MORE HERE More than 900 […]
TOKYO (Reuters) – Japanese wholesale prices fell 0.8% in September from the same month a year earlier, data showed on Monday, marking the seventh straight month of year-on-year declines and heightening the risk the country will slide back into deflation.FILE PHOTO: A shopper wearing a protective mask pushes a shopping cart at Japan’s supermarket group […]
FILE PHOTO: World Bank Group President David Malpass attends a news conference after a meeting at the Chancellery in Berlin, Germany October 1, 2019. REUTERS/Hannibal HanschkeWASHINGTON (Reuters) – Some G20 creditor countries are reluctant to broaden and extend another year of coronavirus debt service relief to the world’s poorest countries, so a six-month compromise may […]
Every week, about 200 officers fan out across the island, visiting an average of 1,000 construction worksites to assess if they are correctly implementing safe management measures. This is more than three times the weekly average of 300 sites visited between June and last month as construction activities resumed and intensified after Singapore ended its […]
SINGAPORE – For years, a “selfless, loving and devoted father” tirelessly cared for his demanding adult daughter, who scolded her parents incessantly, constantly found fault with them and even made them bow before her . The unemployed woman, Ms Desiree Tan Jiaping, told her parents to transfer their money to her and even told her […]
HONG KONG (AFP) – An affordable anti-microbial drug used to treat stomach ulcers and bacterial infections has shown promise in combatting the coronavirus in animals, scientists in Hong Kong announced on Monday (Oct 12). Researchers set out to explore whether metallodrugs – compounds containing metal that are more commonly used against bacteria – might also […]
BEIJING (BLOOMBERG) – One Chinese app briefly gave the country’s Internet users access to long-banned websites like Facebook Inc and Google, setting off speculation about the future of Beijing’s censorship practices. The Tuber browser, backed by Chinese cybersecurity giant 360 Security Technology Inc, appeared to provide the nation’s 904 million online users the ability to […]
NEW YORK/LONDON (Reuters) – A fund trading strategy that tracks hundreds of billions of dollars in assets and often gets blamed for exacerbating market selloffs is facing a challenge from the policy response to the pandemic. But fund managers said they are adapting, and new money is flowing in.Traders wear masks as they work on […]