Friday, 10 May 2024

Asia

Asia News – Get latest breaking news & top stories today in Asia, South-East Asia, South Asia, East Asia, Australia/New Zealand at…

UK's Hut Group raises 1 billion euros for expansion

(Reuters) – British online retailer The Hut Group (THG) said it raised 1 billion euros ($1.10 billion) to help fund expansion, amid macro-economic and political changes arising from Brexit and the general election. The new capital comprises a 600 million euro term loan, a five-year 150 million pound ($192.45 million) credit facility and a 200 […]

China's November home prices up 0.3% month-on-month, slowest in nearly three years

BEIJING (Reuters) – China’s new home prices rose 0.3% in November month-on-month, marking the weakest growth since February 2018, Reuters calculated from official National Bureau of Statistics (NBS) data on Monday. On an annual basis, average new home prices in China’s 70 major cities rose 7.1% in November, down from 7.8% in October, and the […]

After volcano blast, New Zealand asks if adventure tourism can last

WHAKATANE, New Zealand (NYTIMES) – When Phil van Dusschoten retired as a police officer and started a diving business 24 years ago, the next chapter of his life seemed set, steering visitors through the stunning Bay of Plenty to frolic with dolphins and swim around the volcanic White Island. That life and livelihood have been […]

China's November home prices up 0.3% month-on-month, slowest in nearly three years

BEIJING (Reuters) – China’s new home prices rose 0.3% in November month-on-month, marking the weakest growth since February 2018, Reuters calculated from official National Bureau of Statistics (NBS) data on Monday. On an annual basis, average new home prices in China’s 70 major cities rose 7.1% in November, down from 7.8% in October, and the […]

Riots erupt in Delhi over India’s citizenship law

Police have clashed with demonstrators in parts of the Indian capital, Delhi, during protests over a controversial new law on migrants. The new law entitles non-Muslim migrants from three Muslim-majority countries to citizenship if they are facing religious persecution. Police used tear gas and truncheons as hundreds of protesters torched buses and blocked roads. Protests […]

Fire in Bangladesh factory kills at least 10

DHAKA (AP) – At least 10 people were killed in a fire at a factory outside Bangladesh’s capital on Sunday (Dec 15), the second deadly factory fire in the area in less than a week, officials said. The fire broke out on Sunday evening in the Luxury Fan Factory in the Gazipur area outside of Dhaka. […]

Russia to finalize 2020-2022 privatization goals on December 19: source

MOSCOW (Reuters) – Russia will take a step forward with its long-awaited privatization program next week when it finalizes a list of companies it hopes to sell in 2020-2022, a source familiar with the matter said on Sunday. Russia has been trying to sell some of these companies for years but has delayed the process, […]

Malaysia to publish oil-palm concession maps in traceability bid

KUALA LUMPUR (BLOOMBERG) – Malaysia, the world’s second-largest producer of palm oil, plans to publish concession maps and make them accessible to the public, according to the Malaysian Palm Oil Certification Council. The group, also known as MPOCC, said it aims to achieve 100 per cent traceability at the farm level via the Malaysian Sustainable […]

Assam's 'sons of the soil' cherish new protest symbol

GUWAHATI, INDIA (AFP) – At the epicentre of deadly protests in Assam, a red and white cloth has come to symbolise the struggle of the Indian state’s indigenous “sons of the soil” against a new citizenship law that they see as a dangerous threat to their unique culture. Traditionally worn by fishermen and peasants, millennials […]