“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
SEOUL: China plus South Korea clashed on Thursday (Aug 11) over an ALL OF US missile defence protect, threatening to weaken efforts by the brand new government in Seoul to overcome longstanding security differences. The disagreement over the Terminal High Altitude Area Defense (THAAD) system installed within South Korea surfacedContinue Reading
NEW DELHI: New Delhi will enforce a mask mandate again after COVID-19 infections rose in the past fortnight, a government order showed on Thursday (Aug 11), though a similar order in April failed to improve compliance. People caught without masks in public in the Indian capital will have to payContinue Reading
Taiwan will not escalate conflict nor provoke disputes, her office quoted her as saying, adding: “We will firmly defend our sovereignty and national security, and adhere to the line of defence of democracy and freedom.” A source briefed on the matter told Reuters that the number of warships close toContinue Reading
SEOUL: South Korea’s capital has moved to ban the cramped basement flats made famous by Oscar-winning movie “Parasite” after four people drowned in subterranean dwellings during flooding caused by record-breaking rains this week. Soldiers and relief workers were clearing debris Thursday (Aug 11) from waterlogged, mud-covered homes in Gwanak district,Continue Reading
BNS is a subsidiary of Boustead Holdings Bhd, a diversified business conglomerate whose largest shareholder is Lembaga Tabung Angkatan Tentera (LTAT), or the Armed Forces Fund Board. According to Boustead Heavy Industries Corporation Berhad, the LCS is a frigate-class vessel that can perform complex naval missions covering all four dimensionsContinue Reading
Beijing extended its ban on Taiwan’s seafood a day after Pelosi’s arrival, blocking shipments of chilled white striped hairtail and frozen horse mackerel, saying it had found traces of the coronavirus on the packaging of some products. The bans were widely seen as retaliation against Taiwan for allowing the visit,Continue Reading
On Jul 28, Malaysia’s largest cinema chain, Golden Screen CInemas (GSC) posted on its social media confirming the movie would not be screened in the country. Competing movie chain TGV Cinemas also put up a social media post indicating the movie would not be screened. The confirmation by the cinemaContinue Reading
“NO RIGHT TO BAN THEM” The Chinese government has increasingly promoted traditional medicine at home and abroad in recent years, often with nationalistic undertones. DXY’s coverage prompted criticism that it was targeting traditional Chinese medicine (TCM) in order to promote Western pharmaceuticals. The decision to freeze DXY’s social media accountsContinue Reading