Will they or won’t they? Japan uses guessing game to shore up yen

TOKYO: Japanese authorities are relying heavily on psychological tactics to fight yen bears, which means keeping markets guessing about their foreign exchange intervention rather than overt attempts to arrest the currency’s decline to multi-decade lows. The battered yen has whipsawed in recent weeks, which analysts and traders attribute to governmentContinue Reading

Korean Air plane overshoots runway in Philippines

MANILA: A Korean Air plane slid off the runway while landing at Cebu international airport in the Philippines, causing slight injuries and shutting down the country’s second busiest airport, authorities said Monday (Oct 24). All 173 passengers and crew of Korean Air flight KE631 from Incheon were evacuated safely afterContinue Reading

Myanmar shrine guards blow up sex doll ritual plans

YANGON: A group who used sex dolls to carry out “ritual incantations” in the car park of Myanmar’s holiest site will be prosecuted by the religious affairs ministry, state media said Monday (Oct 24). Around eight people attempted to bring two “lady dolls” into the towering, gold-plated Shwedagon pagoda inContinue Reading

Silent Forests: Post-pandemic wildlife consumption threatens human and forest health

While hunting is a historic practice in Southeast Asia, rising commercial pressure and cheaper poaching methods are emptying forests faster than they can replenish, hurting human and forest health

The post Silent Forests: Post-pandemic wildlife consumption threatens human and forest health appeared first on Southeast Asia Globe.

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Taiwan to boost energy inventories amid China threat

TAIPEI: Taiwan is working to increase energy inventories in a move to boost the island’s resilience in the event of a crisis, a deputy economy minister said, as China stepped up military pressure to try to force Taiwan to accept Chinese rule. China’s blockade drills around Taiwan in August afterContinue Reading