FRANKFURT (Reuters) – The European Central Bank has no reason for now to add to its stimulus measures as disruptions related to the recent surge in coronavirus infections were already factored into its policy, ECB board member Isabel Schnabel told Reuters. With case numbers inching towards their early-year highs, some European nations are once again […]
FRANKFURT (Reuters) – The coronavirus pandemic demonstrates in the clearest terms why central banks must take a bigger role in fighting climate change even if the issue at first appears unrelated to monetary policy, European Central Bank board member Isabel Schnabel said. Initially just a health crisis, the pandemic has set off economic shockwaves around […]
JAKARTA (THE JAKARTA POST/ASIA NEWS NETWORK) – Covid-19 has not only strained the health of many survivors but also their relationships with friends and neighbours. A 24-year-old survivor of the illness in Surabaya, East Java, who asked to be identified as Ayu said some of her colleagues greeted her coldly when she returned to work […]
FRANKFURT (Reuters) – The European Central Bank has no reason for now to add to its stimulus measures as disruptions related to the recent surge in coronavirus infections were already factored into its policy, ECB board member Isabel Schnabel told Reuters. With case numbers inching towards their early-year highs, some European nations are once again […]
TAIPEI (REUTERS) – China’s armed forces are growing in their prowess, but still lack the capability to launch a full assault on Taiwan, the island’s Defence Ministry said on Monday (Aug 31). Beijing is stepping up military activities around what it views as sovereign territory. It has never renounced the use of force to bring […]
OSLO (Reuters) – Norway’s $1 trillion wealth fund said it had excluded Taiwan’s Formosa Chemicals and Fibre (1326.TW), Formosa Taffeta (1434.TW) and India’s Page Industries (PAGE.NS) from its portfolio, saying they posed an “unacceptable risk for violation of human rights”. The world’s largest sovereign wealth fund sells holdings before announcing such exclusions to avoid excessive […]
BEIJING (REUTERS) – As Covid-19 cases in China sink to new lows, the world’s largest population of university students is heading back to campus in a migration defined by lockdowns, patriotic education and cutting-edge surveillance equipment. The highly choreographed return comes as Chinese universities revert to in-person instruction for the fall semester after months of […]
SYDNEY (AFP) – Australia’s Parliament is set to probe alleged foreign interference at public universities, a government minister said Monday (Aug 31), as concerns grow about Chinese influence. A proposed inquiry by the security and intelligence committee follows a series of controversies over China’s clout on Australian campuses, ranging from hacks of university data to […]
TOKYO (REUTERS) – The successor to Japanese Prime Minister Shinzo Abe, who is resigning because of poor health, faces a daunting list of economic, diplomatic and security issues. Abe’s Liberal Democratic Party (LDP) will choose its next party president on Sept 14. The winner will serve out Mr Abe’s term as party leader until September […]
SINGAPORE – There were 41 new coronavirus cases confirmed as of Monday noon (Aug 31), taking Singapore’s total to 56,812. They included three community cases, all of whom are work pass holders, said the Ministry of Health (MOH). There were also seven imported cases who had been placed on stay-home notices upon arrival in Singapore. […]