Monday, 1 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…

Taiwan unveils F-16 maintenance hub as China tensions build

TAICHUNG, TAIWAN (REUTERS) – Taiwan President Tsai Ing-wen vowed on Friday (Aug 28) to defend the island with a “solid” air force as she launched a US-backed maintenance centre for the island’s fleet of upgraded F-16 fighters amid rising tensions between Taipei and Beijing. Frequent Chinese and US military exercises in the region are raising […]

South Korea stops short of toughest coronavirus measures despite case rise

SEOUL (REUTERS) – South Korean authorities stopped short of shifting the country up to the highest level of social distancing measures on Friday (Aug 28), despite recording another triple-digit increase in daily new coronavirus cases. Prime Minister Chung Sye-kyun instead said the government would extend the current Phase 2 social distancing, which was due to […]

Morning Briefing: Top stories from The Straits Times on Aug 28

Suntec Singapore retrenches nearly half its employees, with events suspended since April It will have a remaining workforce of 89 local staff and four foreign staff. READ MORE HERE BTO flat buyers in Punggol face one-year delay after HDB terminates building contractor’s services This means home owners may now get keys to their flats only […]

Landslides bury construction workers near Nepal's capital

At least 10, including eight construction workers, killed in landslides triggered by heavy rainfall in Himalayan nation. Heavy rain in Nepal triggered landslides on Monday that killed at least eight workers at a construction site and two members of a family, taking the toll in floods, landslides and lightning to nearly 200 since late May. […]

Afghanistan ceasefire holds as hundreds of Taliban fighters freed

Government has released 317 Taliban fighters since beginning of Eid al-Adha, office of National Security Council said. A ceasefire between the Taliban and Afghan government appears to be holding for the third and final day, as hundreds of the armed group’s prisoners are released in a bid to bring peace talks closer. The government has […]

India bootleg alcohol death toll crosses 100, dozens arrested

The death toll from poisoning linked to toxic liquor in northern state of Punjab rose to 105 on Monday, police said. The death toll from poisoning linked to toxic liquor in India’s northern state of Punjab rose to 105 on Monday, as police carried out a crackdown on the illicit alcohol trade in the state […]

Indonesian daily The Jakarta Post mulls over retrenchments to stay afloat

JAKARTA – Indonesia’s main English-language daily, The Jakarta Post, is considering laying off most of its workforce as part of a plan to keep afloat amidst plunging advertising revenue during the Covid-19 pandemic. Details of the plan were revealed after minutes of a meeting between representatives of the daily’s employees, a key shareholder and the […]

More distance themselves from Bellagraph Nova Group following Obama photo controversy

SINGAPORE – More individuals and organisations have distanced themselves from the Bellagraph Nova (BN) Group, which has come under fire for questionable marketing material including doctored images of former US president Barack Obama. The newly-formed company was thrust into the spotlight when it placed a bid for English Premier League football club Newcastle United on […]

Dollar still near one-week low before Powell's speech

LONDON (Reuters) – The U.S. dollar remained near the one-week low it reached earlier on Thursday, before a speech by Federal Reserve Chairman Jerome Powell that’s expected to signal the central bank will tweak its policy framework to help push up inflation. Powell is scheduled to address the Fed’s annual central bankers’ conference at 1330 […]

European stocks fall ahead of Powell speech as banks slide

(Reuters) – A cautious mood prevailed in European equity markets on Thursday as investors looked ahead to the U.S. Federal Reserve Chairman Jerome Powell’s outlook on monetary policy. The pan-European STOXX 600 index slipped 0.3%, with banks .SX7P being the biggest drags after HSBC (HSBA.L) fell 2.2%. The British bank came under fresh U.S. criticism […]