SINGAPORE – Some 1.2 million Singaporean households will receive a total of $340 million in utilities support. The one-off $100 subsidy, known as the Solidarity Utilities Credit, will be given to all households – for all types of residential properties – with at least one Singaporean member, said the Ministry of Finance (MOF) in a […]
The miners were ‘smothered by a wave of mud’ caused by heavy rain, officials say. A landslide at a jade mine in northern Myanmar has killed at least 113 people, officials say, warning the death toll is likely to rise further. The incident took place early on Thursday in the jade-rich Hpakant area of Kachin […]
ROME (Reuters) – Italy’s unemployment rate rose to 7.8% in May from an upwardly revised 6.6% the month before as some 84,000 jobs were lost, national statistics bureau ISTAT reported on Thursday. A Reuters survey of nine analysts had forecast a jobless rate of 7.7%. May is the third month of jobs data to reflect […]
HONG KONG (AFP) – China’s new security law has sent fear coursing through many Hong Kong residents, but the city’s commercial community has largely embraced it as a way to get back to doing business. The controversial legislation has granted mainland Chinese authorities unprecedented control as they seek to end the pro-democracy protests that plunged […]
YANGON (REUTERS, XINHUA) – The death toll from a landslide in northern Myanmar jade mine on Thursday (July 2) has risen to 100, as more bodies were being recovered. The miners were collecting stones in the jade-rich Hpakant area of Kachin state when a wave of mud caused by heavy rain buried them, the fire […]
JAKARTA (THE JAKARTA POST/ASIA NEWS NETWORK) – Riau and South Sumatra, two provinces on the Indonesian island of Sumatra, have declared an emergency alert status for land and forest fires as the regions enter the peak of this year’s dry season. Two regencies, Siak in Riau and East Kotawaringin in the Central Kalimantan province, have also […]
BRASILIA (Reuters) – Brazil posted one of its biggest trade surpluses on record in June, official data showed on Wednesday, and the Economy Ministry raised its forecast for this year’s overall surplus by almost 20%. June’s $7.5 billion surplus was a record for that particular month, the ministry said. It was more than the consensus […]
NAYPYITAW (REUTERS) – Myanmar state media on Wednesday (July 1) announced Nov 8 as the date for a parliamentary election set to serve as a test of the country’s first democratic government in half a century. A statement attributed to union election commission chairman Hla Thein and read out during an evening broadcast by Myanmar […]
NEW YORK (LPC) – Issuance across the U.S. syndicated loan market plummeted in the second quarter as the asset class navigated a slow recovery from the novel coronavirus that left borrowers scrambling for cash to keep their businesses alive while economies around the world gradually reopen. Companies from beleaguered sectors, including United Airlines and cruise […]
LONDON (Reuters) – Britain will reopen its temporary market access regime for European Union financial firms in September to tide companies over during London’s parting of ways with the bloc, the Financial Conduct Authority said on Wednesday. Britain left the EU in January and a transition period ends in December. It has a “temporary permissions […]