Tuesday, 24 Sep 2024

Asia

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World Bank ups Russia's 2021 GDP forecast but warns of sanctions impact

MOSCOW (Reuters) – Russia’s economic recovery will be stronger than expected this year but U.S. sanctions, a poor vaccination rate and the central bank’s monetary tightening will all weigh on the growth outlook, the World Bank said on Wednesday.FILE PHOTO: A well head and drilling rig in the Yarakta oilfield, owned by Irkutsk Oil Company […]

Hong Kong's Carrie Lam to target housing crisis in policy address

HONG KONG (BLOOMBERG) – Chief Executive Carrie Lam is expected to answer Beijing’s call to ease Hong Kong’s housing crisis and deepen integration with mainland China in the final policy address of her current term. Lam’s speech, set to be delivered to the Legislative Council at 11am on Wednesday (Oct 6), will serve as a […]

Australia, Papua New Guinea to end asylum seeker offshore processing

SYDNEY (AFP) – A longstanding deal that saw Australia detain asylum seekers in an offshore camp in Papua New Guinea (PNG) will be scrapped, the two countries announced Wednesday (Oct 6). Under Australia’s hardline immigration policies, migrants attempting to reach the country by boat have for years been sent to detention centres on Papua New […]

For Sale Now: U.S.-Supplied Weapons in Afghan Gun Shops

In the chaos of the American military withdrawal and the Taliban takeover this summer, thousands of American-made weapons and tons of military equipment were seized by the militants as government military bases surrendered or were overrun. With the Taliban in power, more American weapons and military accessories are now being openly sold in shops by […]

3,486 new Covid-19 cases in Singapore; 9 more deaths brings tally to 130

SINGAPORE – Nine more seniors, aged between 64 and 90, have died from complicated linked to Covid-19, the Ministry of Health (MOH) said in their daily update on Tuesday (Oct 5). They include six men and three women, all of whom were Singaporeans or permanent residents. Four were vaccinated, two had been partially vaccinated and […]

India's top court orders states to pay $900 compensation for each Covid-19 death

NEW DELHI (REUTERS) – India’s top court ordered state authorities to pay 50,000 rupees (S$910) as compensation for each death caused by Covid-19, as a way to help families cope with the loss, according to its order reviewed by Reuters on Tuesday (Oct 5). India has recorded 449,260 deaths overall, a tally experts say is […]