SINGAPORE – There are 218 new coronavirus cases confirmed as of Tuesday noon (June 9), taking Singapore’s total to 38,514. This is the lowest since April 11, when the Ministry of Health (MOH) announced 191 new cases. There were six community cases on Tuesday and all are work pass holders, MOH said. Migrant workers living in […]
TAIPEI (REUTERS) – A high-profile, China-friendly Taiwan mayor who lost a recall election last week said on Tuesday (June 9) he would not contest the vote in the courts, smoothing the way for an election for his replacement. Mr Han Kuo-yu from the main opposition party the Kuomintang, or KMT, lost Saturday’s recall vote by […]
PHNOM PENH (AFP) – Cambodian police said on Tuesday (June 9) they will investigate the alleged disappearance of a self-exiled Thai activist, denying any involvement in what a rights group claimed was an abduction. Pro-democracy activist Wanchalearm Satsksit, a sharp critic of the Thai government, was dragged into a car in broad daylight last week […]
SINGAPORE/TOKYO (Reuters) – The dollar steadied on Tuesday as profit taking stalled surging commodity currencies, while a rising yen pointed to some investor trepidation over the U.S. Federal Reserve’s next move. The yen extended Monday’s 1% gain to hit a week-high, as investors weighed the possibility of stepped-up bond buying – or even simply a […]
JERUSALEM (AFP) – The northern segment of the Great Wall of China was built not to block invading armies but rather to monitor civilian movement, an Israeli archaeologist said on Tuesday (June 9). When researchers fully mapped the Great Wall’s 740km Northern Line for the first time, their findings challenged previous assumptions. “Prior to our […]
BUENOS AIRES (Reuters) – Argentina will present an amended bond restructuring offer to U.S. regulators on Thursday or Friday, a source at the economy ministry told Reuters on Monday, as the government pushes forward with restructuring about $65 billion in sovereign debt. The source asked not to be named because the restructuring talks are private, […]
(Reuters) – Wall Street is betting on a strong recovery from the coronavirus pandemic by pouring money into shares of U.S. oil refiners, even though demand for gasoline, jet fuel and diesel remains well below seasonal lows. Shares of Valero Energy Corp and Marathon Petroleum Corp were trading on Monday at their highest levels since […]
LONDON (Reuters) – The global risk rally has lifted some badly bruised emerging assets, but investment managers are split on how much momentum is left to support developing stocks, bonds and currencies amid the challenges of kickstarting coronavirus-hit economies. Investors pulled more than $80 billion from developing stocks and bonds in March as the fallout […]
TOKYO (REUTERS) – Japan hopes to draft a joint statement on China’s new security legislation on Hong Kong at the next Group of Seven (G-7) foreign ministers’ meeting, a Japanese government source familiar with the matter told Reuters on Monday (June 8). Prime Minister Shinzo Abe said earlier that Japan is watching the situation in […]
HONG KONG (REUTERS) – China on Monday (June 8) dropped Shanghai as one of the first ports of entry for international flights bound for the capital, Beijing, while four new cities were added to the list and Wuhan, where the coronavirus was first identified, will be a “backup”. Incoming international flights to Beijing have to […]