TOKYO – Japan’s chief Cabinet secretary Yoshihide Suga, a front runner to succeed incumbent prime minister Shinzo Abe, on Tuesday (Sept 8) described himself as “an ordinary person” who has risen against the odds and can be an inspirational tale were he to the country’s next leader. “I won my first election at the age […]
LONDON (Reuters) – The BlackRock Investment Institute said on Tuesday it downgraded investment grade debt to neutral, citing little room for spread compression given that deeper rate cuts and more asset purchases are an unlikely policy response. However, Blackrock raised its “overweight” on high-yield bonds. “We see the very high implied default rates as overly […]
SINGAPORE – A former director at the Singapore Repertory Theatre allegedly ran a red light while driving last year, causing an accident in which a taxi driver suffered multiple fractures. Suguna Madhavan, now 55, was charged earlier this year with one count of causing grievous hurt by negligent driving, and her case was mentioned again […]
Video testimony from two soldiers supports widespread accusations that Myanmar’s military tried to eradicate the ethnic minority in a genocidal campaign. The remains of a Rohingya school in Rakhine State in western Myanmar last year.Credit…Adam Dean for The New York Times Supported by By Hannah Beech, Saw Nang and Marlise Simons The two soldiers confess […]
SINGAPORE – Temasek said its senior international business adviser Liew Mun Leong has contributed to Singapore and its people, and his track record at various firms attests to that. The investment firm’s comments come days after the High Court acquitted Mr Liew’s former Indonesian maid of theft, in a judgment that also raised questions about […]
New Delhi sends firefighting chemicals after new fire erupts as Sri Lanka navy says situation is now being controlled. India on Tuesday sent fresh supplies of firefighting chemicals to help battle a new blaze on a stricken tanker loaded with a large cargo of crude oil off Sri Lanka’s eastern coast. Sri Lanka Navy spokesman […]
DHAKA (THE DAILY STAR/ASIA NEWS NETWORK) – We have almost reached the last quarter of 2020, a year which has been unlike any other. It started with a virus scare from China in January, which became the reality for Singapore and Korea in February, and then by March, it was spreading so quickly that the […]
NEW DELHI (Reuters) – India’s economy is projected to contract 11.8% on the year in the current fiscal year beginning from April, before bouncing back in the next fiscal, India Ratings and Research, a domestic arm of ratings agency Fitch, said on Tuesday. “All indicators, be it mobility or consumption, are pointing towards a much […]
BERLIN (Reuters) – German exports remained far below their pre-crisis levels in July despite a 4.7% increase during the month, data published on Tuesday showed, adding to signs that Germany’s economic recovery from the coronavirus will be slow. Imports rose by only 1.1% on the month, taking the seasonally adjusted trade surplus to 18 billion […]
BERLIN (Reuters) – German exports remained far below their pre-crisis levels in July despite a 4.7% increase during the month, data published on Tuesday showed, adding to signs that Germany’s economic recovery from the coronavirus will be slow. Imports rose by only 1.1% on the month, taking the seasonally adjusted trade surplus to 18 billion […]