Sunday, 17 Nov 2024

Asia

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Japan to provide $1,100 cash payout to minors as part of stimulus: Media

TOKYO (REUTERS) – The Japanese government and ruling coalition have agreed to provide a cash payment of 100,000 yen (S$1,188) to all children as part of an economic stimulus package to weather the pain of Covid-19 pandemic, the Yomiuri newspaper reported on Friday (Nov 5). The payout would cover all minors up to age 18 […]

New laws to protect and promote S'pore's archaeological, cultural heritage may be proposed

SINGAPORE – New laws to protect Singapore’s archaeological and intangible cultural heritage could be proposed following an ongoing review of the National Heritage Board (NHB) Act. This could establish rules on ownership for artefacts found here, and legislate recognition for practitioners of such living traditions, heritage observers said. They had called for laws relating to […]

San Francisco Fed hires asset manager as first vice president

(Reuters) – The Federal Reserve Bank of San Francisco said on Thursday it hired Sarah Devany as its first vice president and chief operating officer, succeeding Mark Gould, who became chief payment executive for the whole Fed system in April. Devany will join the central bank on Dec. 1 from asset management firm TIAA Kaspick, […]

Yellen says investments, revenue provisions of social package to raise over $2 trln in offsets

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 Thursday that investments and revenue provisions of President Joe Biden’s social policy and climate change package would […]

European shares close at record high after Fed, BoE announcements

(Reuters) -European shares rose for a fifth straight session on Thursday to hit record highs as investors took comfort from the U.S. Federal Reserve signalling it was in no hurry to hike interest rates, while the Bank of England left its benchmark rate at an all-time low.FILE PHOTO: The German share price index DAX graph […]

European shares at record high as Fed unveils taper plan; eyes on BoE

FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 3, 2021. REUTERS/Staff(Reuters) – European shares hit a new high on Thursday for the fourth straight session as the U.S. Federal Reserve signalled it would be patient with interest rate hikes, with investor focus now on […]

Indonesian zoo breeds Komodo dragons to save them from extinction

SURABAYA (REUTERS) – A zoo in Indonesia is breeding Komodo dragons in an effort to save the world’s largest lizards from extinction, with climate change posing new dangers for the fearsome creatures. Young dragons, their forked tongue darting, creep about a zoo enclosure in the city of Surabaya. Some fight over a female while others […]

Deepavali a celebration of hope this year for migrant workers in the dormitories

SINGAPORE – On most days, Mr Mathiyalagan Karthikeyan has simple meals consisting of vegetables, curry and rice. But on Thursday (Nov 4), the 38-year-old migrant worker from India forked out an additional $20, buying 1.5kg of flower crab to cook curry in his dormitory unit. Sitting on the floor of the classroom-sized unit at Westlite […]