Rakesh Jhunjhunwala, ‘India’s Warren Buffet’, dies at 62

MUMBAI:   Stock investor Rakesh Jhunjhunwala, called “India’s Warren Buffett” with an estimated internet worth of US$6 billion, died early on Sunday (Aug 14) at age 62, their family said. A chartered accountant by profession from the desert state of Rajasthan, Jhunjhunwala started dabbling in stocks whilst in college andContinue Reading

North Korea criticises UN chief’s support for the North’s denuclearisation

SEOUL: North Korea’s foreign ministry on Sunday (Aug 14) rebuked the United Nations Secretary-General’s recent comment on his support for the North’s complete denuclearisation, calling the remarks be short of impartiality and fairness. Northern Korea’s state reports agency KCNA discharged a statement from the foreign ministry after UN chief AntonioContinue Reading

Four dead in China flash flood

BEIJING:   Four people were killed and 9 others injured in a flash flood in southwest China on Sunday (Aug 13), local authorities said. Footage published simply by Chinese media demonstrated water rising quickly in a river on the outskirts of Sichuan province’s Pengzhou city. Tourists who was simply playingContinue Reading

Taiwan thanks US for maintaining security in Taiwan Strait

TAIPEI: Taiwan’s foreign ministry on Saturday (Aug 13) expressed “sincere gratitude” towards the United States for taking “concrete actions” to maintain security and peace in the Taiwan Strait and the area. US Indo-Pacific coordinator Kurt Campbell said upon Friday that Tiongkok “overreacted” to US House of Representatives Speaker Nancy Pelosi’sContinue Reading

China swelters in high temperatures as heatwave continues

SHENZHEN, The far east: Several regions of Tiongkok including the major southwestern city of Chongqing cooked in temperatures exceeding 40 degrees Grad on Saturday (Aug 13), while the state’s national observatory carried on its red notify for high temps. Within Zhejiang, home to numerous factories and exporters, a meteorological officialContinue Reading

Tropical Storm Meari hammers Japan with heavy rainfall, wind

TOKYO: Hurricane Meari unleashed weighty rains on Japan’s main Honshu isle as it headed northward Saturday (Aug 13) toward the capital, Tokyo, according to Japanese climate officials. The Japan Meteorological Agency said that Meari made landfall in Shizuoka Prefecture, southwest of Tokyo, in the afternoon, bringing sudden heavy rains plusContinue Reading