Friday, 5 Jul 2024

Asia

Asia News – Get latest breaking news & top stories today in Asia, South-East Asia, South Asia, East Asia, Australia/New Zealand at…

Britain's treasury officials pushing for tax hikes: newspapers

(Reuters) – Treasury officials in Britain are pushing for tax hikes to plug holes blown in public finances by the coronavirus pandemic, two leading British newspapers said. Such hikes will enable the exchequer to raise at least 20 billion pounds ($26.70 billion) a year, and some could be introduced in the November budget, the Sunday […]

Britain's treasury officials pushing for tax hikes: newspapers

(Reuters) – Treasury officials in Britain are pushing for tax hikes to plug holes blown in public finances by the coronavirus pandemic, two leading British newspapers said. Such hikes will enable the exchequer to raise at least 20 billion pounds ($26.70 billion) a year, and some could be introduced in the November budget, the Sunday […]

Morning Briefing: Top stories from The Straits Times on Aug 30

Staying open to world key to securing good jobs: Chan Chun Sing At a time when protectionist sentiment is on the rise globally, Singapore must remain open to the world in order to attract investments and create good jobs for Singaporeans, the Trade and Industry Minister said. READ MORE HERE Bellagraph Nova Group controversy: A […]

New initiative helps seniors go cashless with e-payment apps

SINGAPORE – Cash has long been king, but for an increasing number of people like retiree Bridget Khoo, the fear of infection from notes and coins is pushing them into the sometimes daunting world of digital payments. Madam Khoo, 63, was keen to make the digital leap but was wary at first to try her […]

Child marriages on the rise in India amid the Covid-19 pandemic

NEW DELHI – The call came on Aug 18 at 1.45 pm, a little before Mr Narayana Sukla was about to settle for lunch. He heard a girl sob on the line. “Please rescue me immediately or they will kill me,” the 12-year-old told him. “My mother has forced me to get married but I […]

South Korea's ruling party picks ex-PM Lee Nak-yon as possible Moon successor

SEOUL (BLOOMBERG) – South Korea’s ruling Democratic Party picked Lee Nak-yon as its new leader Saturday, paving the way for a possible bid by the former prime minister in the 2022 presidential election. Lee won 60.8 per cent of the total vote in the online election and was followed by four-term lawmaker Kim Bu-gyeom, with […]

Almost $163,000 worth of heroin seized at Tuas Checkpoint, three men arrested

SINGAPORE – Heroin worth almost $163,000 was seized at Tuas Checkpoint and three alleged drug offenders were arrested. Officers from the Immigration and Checkpoints Authority (ICA) and the Singapore Police Force (SPF) conducted a joint operation at the arrival cargo zone at Tuas Checkpoint on Thursday (Aug 27). At about 5.40pm, a Malaysia-registered lorry was […]

BlackRock gets regulators' approval to set up China mutual fund unit

SHANGHAI/BEIJING (Reuters) – BlackRock (BLK.N) has become the first global asset manager to win regulatory approval to set up a mutual fund unit in China, as Beijing throws open its 17.7 trillion yuan ($2.58 trillion) sector. The world’s biggest asset manager by assets got the green light on Aug. 21 to form a wholly-owned subsidiary […]

Argentine government 'confident' in $65 billion debt deal as deadline passes

BUENOS AIRES (Reuters) – Argentina’s debt restructuring deadline passed on Friday after four months of tense debt talks, multiple delays and amendments since an initial low-ball offer in April, with bondholders expected to strongly back a $65 billion proposal. The cutoff for accepting the proposal closed at 5 p.m. Eastern Time (2100 GMT). The new […]