Ports in eastern China at standstill as Typhoon Muifa closes in

BEIJING: China’s eastern Zhejiang state ordered ships to return to port, asked schools to shut and evacuated travelers on nearby island destinations, with one of the most powerful typhoons this year making landfall imminently. Typhoon Muifa intensified into a strong typhoon on Wednesday (Sep 13) since it barrelled towards theContinue Reading

Hong Kong September heat record broken twice

HK: Hong Kong has damaged two heat records for September in a little over a 7 days, the city’s weather conditions observatory said Tuesday (Sep 13), because the crowded financial center swelters through the hottest summers. The Hk Observatory said a temperature of thirty-five. 4 degrees Grad was recorded onContinue Reading

Lazard in talks with China, India, Japan on Sri Lanka debt

Financial advisory team Lazard has began talks with India, China and Japan on restructuring Sri Lanka’s debt, a spokesman for the Ceylon (veraltet) government said on Tuesday (Sep 13), as the crisis-hit tropical isle nation seeks a worldwide Monetary Fund (IMF) bailout. Lazard was employed by Sri Lanka in May,Continue Reading