FRANKFURT (Reuters) – Euro zone companies continued to tap bank credit at a brisk pace in June even as the economy reopened after three months of coronavirus-related lockdown, data from the European Central Bank showed on Monday. Lending to non-financial corporations in the euro zone grew 7.1% year on year last month, only a slight […]
GUWAHATI, INDIA (REUTERS) – When doctors in a flood-ravaged Indian state urgently sought plasma of a particular blood type for a Covid-19 patient this month, health officials sent a boat for a marooned donor who had recovered from the disease weeks ago. With coronavirus cases surging in the north-eastern state of Assam and critical medicines […]
SINGAPORE – In an animated recounting of events, retired local actor-director Ng Aik Leong told the court that the Bangladeshi worker he is accused of voluntarily causing hurt had given him the “right” to “hammer him”. Ng, 59, better known as Huang Yiliang, claimed trial on Monday (July 27) to a charge of voluntarily causing […]
CAIRO/LONDON/DUBAI (Reuters) – The threat of conflict in Libya, water security worries and a flatlining tourist sector risk upending a nascent rally in Egyptian bonds, bankers and economists say. The North African country has attracted a wave of foreign investor interest in the past three months, emboldened by fresh financing from the International Monetary Fund […]
NEW DELHI • An Indian court has summoned Alibaba and its founder Jack Ma over a former employee’s claim that he was wrongfully fired after objecting to what he saw as censorship and fake news on company apps, documents seen by Reuters showed. The case comes weeks after India cited security concerns as it banned […]
HONG KONG (BLOOMBERG) – Hong Kong’s decision to query opposition candidates about ties with foreign governments suggests authorities could be preparing to use new national security legislation to disqualify pro-democracy advocates ahead of a key fall election. At least seven potential pro-democracy candidates for Hong Kong’s Legislative Council elections have received questionnaires from the government […]
SINGAPORE – SingPost will launch two new stamp sets featuring local mascots and everyday lingo in the first week of August. This marks the resumption of new stamp issues which were suspended during the two-month circuit breaker period from April to June. The mascot-themed set, which will be available from Aug 3, is in support of […]
KUALA LUMPUR (REUTERS) – Twenty-six Rohingya refugees, who had been feared drowned while trying to swim ashore on the Malaysian resort island of Langkawi, were found alive hiding in the bushes on a nearby islet, a senior coastguard official said on Monday (July 27). Malaysia does not recognise refugee status, but the Muslim-majority country is […]
SINGAPORE – To help young Singaporeans make informed career and future education choices regardless of background, youth-led non-profit organisation Advisory has devised several initiatives to bring resources to the youth. Advisory hopes to create a level playing field and support youth to pursue their passions, said co-founder and president Mock Yi Jun, 23, who is […]
SYDNEY (Reuters) – Australian inflation likely took its largest decline on record in the second quarter as the government made child care free to help families through the COVD-19 lock down and petrol prices tumbled, though much of that will reverse this quarter. Analysts polled by Reuters forecast the consumer price index (CPI) dived 2% […]