BANGKOK: Despite a weaker-than-expected second quarter, Thailand’s economy is anticipated to continue growing in the second half of the entire year as tourism accumulates, the central bank said on Tuesday (Aug 16), recommending gradual policy tensing may continue. Second-quarter growth missed the central bank’s forecast due to lower-than-expected private expenditureContinue Reading
SYDNEY/WELLINGTON: Australia and New Zealand stated on Tuesday (Aug 16) they were conscious of Chinese media reports of a ban upon meat imports through both countries simply by Beijing but stated they had not obtained any official discover and shipments have been clearing as normal. The Australian Financial Evaluation newspaperContinue Reading
Full reunification is certainly difficult to imagine, yet there are many possible plans that fall short of that, says Bloomberg Opinion’s Tyler Cowen.Continue Reading
GENEVA: The Red Cross on Monday (Aug 15) appealed to says and donors to create aside their political objections to the Taliban and resume help flows to Afghanistan’s state institutions to help relieve an “unbearable” humanitarian situation there. The hardline Islamist Taliban marked a year in power on Monday withContinue Reading
BANGKOK: Thai police have arrested a Chinese fugitive wanted by Beijing for allegedly running illegal online gambling operations and will soon extradite him to China, the police told Reuters on Monday (Aug 15). She Zhijiang, 40, a Chinese national who also holds a Cambodian passport, was arrested last week basedContinue Reading
LONDON: Russian President Vladimir Putin said on Monday (Aug 15) that Moscow valued its ties with countries in Latin America, Asia and Africa and was ready to offer modern weapons to its allies. Putin used a speech at an arms show near Moscow to boast of Russia’s advanced weapons capabilitiesContinue Reading
Myanmar has been in turmoil since last year when the military overthrew an elected government led by Aung San Suu Kyi’s party, after it won a general election, and led a deadly crackdown on dissent. Tens of thousands of people have been jailed and many tortured, beaten or killed, inContinue Reading
BANGKOK: Instant noodle makers asked Thailand on Monday (Aug 15) to allow them to charge more for their products to meet rising costs, potentially paving the way for the first price hike in the staple for 14 years. The prices of instant noodles and other staples are controlled under ThaiContinue Reading
SHANGHAI: There were chaotic scenes at an IKEA outlet in Shanghai on Saturday (Aug 13) when authorities tried to lock down the store after learning that a customer had been in close contact with a COVID-19 case. Videos circulating on Chinese social media showed customers pushing past security guards andContinue Reading
HONG KONG: Hong Kong’s audit regulator said on Monday (Aug 15) it has initiated an enquiry into the financial statements of China Evergrande Group’s property services unit and its former auditor after questions were raised following the developer’s probe into seized deposits worth US$2 billion of the unit. The FinancialContinue Reading