SHENZHEN, China: Huawei Technologies said upon Friday (Aug 12) its first-half net profit more than halved as a difficult economic climate curtailed demand from customers, compounding woes brought by U. T. technology restrictions. Revenue dropped 5. 9 percent year-on-year during the time period to 301. 6 billion yuan (US$44. 73Continue Reading
Waluyo said BI will work with the authorities to address supply issues that had pressured customer prices, adding: “We will not let heading inflation go up”. He also repeated that BI will only increase rates when it sees a persistent rise in core inflation. BI is one of very fewContinue Reading
Previous Malaysian prime minister Najib Razak is due to appear in the Federal government Court next Mon for his final bid to overturn the guilty confidence in the SRC International case.Continue Reading
SHANGHAI: Several cities in China’s tourism hub Hainan extended lockdowns upon Friday (Aug 12), with some of the procedures expected to last with the weekend, while Lhasa in Tibet also tightened restrictions, among the latest curbs in order to contain COVID-19 groupings in the country. Under the “dynamic COVID zero”Continue Reading
The skirmish, which usually took place in the Sheung Shui neighbourhood within November 2019, was one among dozens that will broke out among ideological opponents at the height of Hong Kong’s massive protests. The defendants made plans to protest jointly on the day, which showed some level of premeditation, accordingContinue Reading
WAGAH: Each sunset on the India-Pakistan border, crowds go wild and troops goose-step in a chest-puffing theatrical ritual symbolising the countries’ antipathy 75 years after independence, but the screen ends with a brisk, brotherly handshake. Several hours before the ceremony, enthusiastic vistors begin trickling directly into sitting areas uponContinue Reading
LOVE GOES BEYOND The particular legacy of Partition has endured to this day, resulting in a bitter rivalry between the nuclear-armed neighbours despite their social and linguistic hyperlinks. However , there is hope of really like transcending boundaries. For Sikhs Baldev and Gurmukh Singh, there was no doubt in embracingContinue Reading
TOKYO: Western Prime Minister Fumio Kishida said on Friday (Aug 12) he will instruct their government to come up with extra measures to cushioning the economic strike from rising power and food costs. Kishida said he will concern the order in a meeting of a federal government panel on MonContinue Reading
“OUR HEARTS ARE COLD” The “crisis of confidence” in China’s housing market points to structural imperfections, said Andrew Batson of Gavekal Dragonomics in a recent survey. Because of their large reliance on promoting apartments in advance, designers pursued business models that exposed buyers to the risk of not getting theirContinue Reading
In China, two things possess long been markers associated with middle-class status: Home ownership and professional jobs. But with installation costs of China’s zero-COVID strategy, these can no longer be taken for granted, says Hong Kong Baptist University’s Yew Wei Lit.Continue Reading