HONG KONG: Asian markets increased Friday (Aug 26) after a Wall Street rally ahead of the speech by Government Reserve boss Jerome Powell that is likely to reiterate his intend to ramp up interest rates to fight inflation. Adding to the particular strong buying emotion were signs of progress inContinue Reading
KUALA LUMPUR: Malaysia’s authorities will present its plan for 2023 to parliament on Oct seven, earlier than originally planned, news portal Malaysiakini reported on Friday (Aug 26), citing the country’s regulation minister Wan Junaidi Tuanku Jaafar. The budget was once scheduled to be tabled on Oct 28. A spokesperson pertainingContinue Reading
BEIJING: Chinese language food delivery company Meituan posted the better-than-expected 16. 4 per cent rise in quarterly revenue on Friday (Aug 26), as the business fared much better than expected in a period that saw a resurgence of COVID-19 cases in China and taiwan. Total revenue rose to 50. 94Continue Reading
MUMBAI: India’s stricter digital lending rules have got disrupted card services of foreign-backed fin-tech firms and jeopardised loan offerings of Amazon, prompting businesses to chart a lobbying pushback, according to industry sources plus a document seen simply by Reuters. Citing concerns more than high rates and unfair practices, the particularContinue Reading
BEIJING: China central bank said upon Friday (Aug 26) that it will allow a lot more foreign banks to get cheap funding via its carbon emission reduction supporting device. The particular People’s Bank of China (PBoC) stated in a statement that will Chinese units of Deutsche Bank and Societe GeneraleContinue Reading
Local media said the new date is an indication that the general election will be called shortly, but this has already been denied by the de facto law minister.Continue Reading
JAKARTA: Indonesia may raise subsidised fuel prices simply by 30 per cent in order to 40 per cent to control fiscal pressure from a ballooning subsidy budget, lawmakers from Leader Joko Widodo’s judgment coalition government told Reuters on Fri (Aug 26). Eddy Soeparno, a member of the National Mandate PartyContinue Reading
Smart phone maker Xiaomi Corp is eyeing an electrical vehicle (EV) production tie-up with Beijing Automotive Group (BAIC), as it faces gaps in acquiring a licence to make cars on its own, Bloomberg News documented on Friday (Aug 26). Such partnership among EV startups and traditional carmakers has become increasinglyContinue Reading
“It is important indeed that freedom-loving countries support Taiwan because they seek to preserve their independence and their freedom, ” she said. Tsai said many other democracies must work together to ensure more secure plus resilient supply chains, and that she was “delighted” to see Taiwanese semiconductor companies investing inContinue Reading
The Globe remembers Tim Page, whose raw images from the Vietnam War propelled a lifetime of engagement with Southeast Asia and commitment to honouring photojournalists and victims of discord
The particular post Legendary war photographer Tim Page dies appeared first on Southeast Asia Globe .