Friday, 3 May 2024

Asia

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Japan Jan household spending seen falling for fourth straight month: Reuters poll

TOKYO (Reuters) – Japan’s household spending likely dropped for a fourth straight month in January as a sales tax hike continued to hurt consumers, a Reuters poll showed, suggesting any recovery could be some time away as pressures rise from the coronavirus outbreak. Household spending is expected to have fallen 4.0% in January from a […]

Technical glitch halts trading at Canada's TMX amid market selloff

(Reuters) – Canada’s largest stock exchange operator, TMX Group Ltd (X.TO), experienced its second technical glitch in less than two years on Thursday, resulting in the shutdown of trading across three local bourses nearly two hours ahead of the scheduled closing. Trading was halted on the TSX as well as the TSX Alpha and TSX-Venture […]

Japan's Abe says ready to protect economy from coronavirus impact

TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe pledged on Friday to take policy steps as needed to prevent the coronavirus outbreak from dealing a severe blow to the country’s fragile economic recovery. Abe said the government still had sufficient reserves to tap for emergency spending related to the coronavirus epidemic, signalling that he saw […]

US lawmaker questions arms sales to Saudi-UAE coalition in Yemen

Remarks come after CNN reported that Saudi-UAE coalition gave weapons to militias in Yemen designated as terror groups. A key US congressman has asked whether Congress should consider adding restrictions on weapons sales to the Saudi-UAE coalition in Yemen after a recent investigation said that US-made weapons had been transferred to al-Qaeda-linked groups in the […]

Apple, Google urged to remove app that lets Saudi men track wives

Absher lets Saudi men specify when and where women under their ‘guardianship’ are allowed to travel. Apple and Google are being pressed to remove an app that lets men track their wives and daughters in Saudi Arabia. In a letter addressed to the CEOs of both tech giants, US Senator Ron Wyden requested that Apple’s […]

New Zealand limits entry of travellers from Iran on coronavirus fears

WELLINGTON (REUTERS) – New Zealand said on Friday (Feb 28) that it was placing temporary restrictions on incoming travellers from Iran as a precautionary measure to protect against the coronavirus outbreak. “This means people will not be able to travel from Iran to New Zealand and anyone who has been in Iran in the last […]

Pro-democracy media mogul arrested in Hong Kong

One of Hong Kong’s most high-profile entrepreneurs, the pro-democracy tycoon Jimmy Lai, has been arrested for illegal assembly and intimidation. The founder of newspaper Apple Daily is accused of being involved in a banned anti-government march on 31 August. The alleged intimidation was against a journalist in 2017. Apple Daily is frequently critical of Hong […]

Chinese regulators remove game Plague Inc from China app stores: Developer

SHANGHAI (REUTERS) – Strategy simulation game Plague Inc., which surged in popularity in China when the coronavirus epidemic first started, has been removed from the China app store after regulators said it contained illegal content, its developer said on Thursday (Feb 27). The game, which allows users to create and evolve a pathogen to destroy […]

Maldives ex-president Yameen held for money laundering trial

Court orders Abdulla Yameen be held in custody until the end of a trial on money laundering charges, say local media. A court in the Maldives has ordered the country’s former President Abdulla Yameen be held in state custody until the end of a trial on money laundering charges, according to local media. At a […]