BEIJING (REUTERS) – China’s Cabinet appointed Mr Zheng Yanxiong as the director of the mainland’s new national security agency in Hong Kong, the official Xinhua news agency said on Friday (July 3). Mr Zheng most recently served as the secretary-general of the Communist Party committee of the southern province of Guangdong. He sparked controversy during […]
KUALA LUMPUR (REUTERS) – Malaysia’s aviation regulator has temporarily suspended pilots employed by domestic airlines who hold Pakistani licences, after the government of the South Asian nation revealed that many pilots had dubious qualifications. The Civil Aviation Authority of Malaysia (CAAM) said in a statement on Thursday (July 2) that the decision came after an […]
Warning comes as activist Nathan Law flees and Hong Kong government bans protest slogan calling for city’s liberation. China has promised to take “all necessary countermeasures” if the United States pressed ahead with legislation penalising banks doing business with Chinese officials who implement Beijing’s draconian new national security law on Hong Kong. The warning on […]
BEIJING (Reuters) – China’s services sector expanded at the fastest pace in over a decade in June as the easing of coronavirus-related lockdown measures revised consumer demand, a private survey showed on Friday, though companies continued to shed jobs. The Caixin/Markit services Purchasing Managers’ Index (PMI) rose to 58.4, the highest reading since April 2010, […]
BOSTON (REUTERS) – Japan has formally asked the United States to extradite a former Green Beret and his son accused of helping former Nissan Motor boss Carlos Ghosn flee the country while he was awaiting trial on financial charges. Japan submitted a request to the US State Department to extradite Michael Taylor and his son, […]
LONDON (Reuters) – One of Argentina’s main creditor groups has submitted a new offer to the government in the country’s $65 billion debt talks in a bid to secure a deal by a deadline later this month, bondholder sources have told Reuters. The Argentina Creditor Committee (ACC), which includes over 30 funds and investment firms, […]
BRASILIA (Reuters) – Brazil’s economy has begun a ‘V-shaped’ recovery from the worst of the COVID-19 crisis, central bank president Roberto Campos Neto said on Thursday, citing rebounds in energy, traffic and tax collection data as well as double-digit credit growth. Speaking in a live online event hosted by newspaper Correio Braziliense and Itau bank, […]
LONDON (Reuters) – One of Argentina’s creditor groups has submitted a new offer to the country’s government valued at around 54.5 cents per bond, bondholder sources have told Reuters. The Argentina Creditor Committee (ACC), which includes over 30 funds and investment firms, made the offer after smoothing out recent internal tensions. It hopes it could […]
JAKARTA (REUTERS) – Indonesia is working to produce its own Covid-19 vaccine next year amid growing anxiety that developing countries could have difficulty getting access to a future jab, the head of Indonesia’s national Covid-19 research team said on Thursday (July 2). “The production capability and capacity of biotech companies in the world is, we know, […]
HANOI (REUTERS) – Vietnam’s foreign ministry has lodged a complaint with China over military drills in the South China Sea that it said were “detrimental” to Beijing’s relationship with the Association of Southeast Asian Nations (Asean). Vietnam and the Philippines warned of growing insecurity in Southeast Asia at a regional summit last Friday (June 26), […]