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…

PM Muhyiddin to speak on Malaysia's virus recovery at 4pm

KUALA LUMPUR – Prime Minister Muhyiddin Yassin will update Malaysians on the progress of the Recovery Movement Control Order (RMCO) at 4pm on Monday (July 20), midway through the relaxed phase of the government’s nationwide battle to contain the coronavirus pandemic. The number of new daily cases since the RMCO replaced stricter curbs on June […]

Brazil boosts oil exports to Asia as global rivals make record cuts

RIO DE JANEIRO/MEXICO CITY (Reuters) – Brazil increased crude exports to Asia in the first half of the year, stealing a slice of a coveted developing market from global rivals who made record cuts to shipments to match the unprecedented fall in demand caused by the coronavirus pandemic. The rise reflects Brazil’s growing clout among […]

Indonesia central bank warns of U-shaped economic recovery from pandemic

JAKARTA (Reuters) – Indonesia’s central bank expects Southeast Asia’s biggest economy to see a U-shaped recovery from the impact of the pandemic, a senior official said on Monday, with a continuing rise in coronavirus cases set to impede a sharper rebound. Destry Damayanti, Bank Indonesia’s (BI) senior deputy governor, told an online seminar the world’s […]

Hong Kong banks shutter branches again after COVID cases hit record high

HONG KONG (Reuters) – HSBC (HSBA.L), Standard Chartered (STAN.L) and other banks in Hong Kong closed branches or curtailed their working hours on Monday after a spike in the number of new coronavirus cases in the Asian financial hub. Hong Kong recorded more than 100 cases in a 24-hour period over the weekend, the most […]

'Workation' an emerging trend among Indians unable to holiday abroad

As a resident of the humid coastal Indian city of Chennai, Mr Angshuman De always enjoyed being in cooler climes and would escape whenever possible to the Himalayas for high-altitude treks. And it is these mountains that the financial services professional has turned to yet again to break the monotony of working from his apartment […]

Legal poser in town council lawsuit after WP's Sengkang GRC win

A legal poser has arisen in the lawsuit brought by Pasir Ris-Punggol Town Council (PRPTC) on behalf of the former Punggol East SMC, after the Workers’ Party (WP) won Sengkang GRC at the recent general election. Chief among the questions is who will take charge of the case, now that the former single seat – […]

BOJ debated deflation risk at June meeting, cautious of bolder steps: minutes

TOKYO (Reuters) – Bank of Japan policymakers debated the risk of the country sliding back into deflation but stopped short of advocating stronger steps to prevent firms from going insolvent due to the coronavirus pandemic, minutes of their June meeting showed. With the impact of COVID-19 likely to last for a prolonged period, more companies […]

Morning Briefing: Top stories from The Straits Times on July 20

MOH and MOM apologise for delay in informing worker that he had tested positive for Covid-19 The worker was informed only on July 13 that he had tested positive for Covid-19. He had undergone the swab test on June 22. READ MORE HERE Bugis+ cinema and ActiveSG Gym in Sengkang visited by infectious coronavirus patients […]