HONG KONG: Concerned by China’s shrinking population, political advisors to the government have come up with more than 20 recommendations to boost birth rates, though experts say the best they can do is to slow the population’s decline. China dug itself into a demographic hole largely through its one-child policyContinue Reading
Silicon Valley Bank and Signature Bank failed with enormous speed – so quickly that they could be textbook cases of classic bank runs, in which too many depositors withdraw their funds from a bank at the same time. The failures at SVB and Signature were two of the three biggest in US banking history, following […]Continue Reading
TAIPEI: The candidate likely to represent the ruling party at Taiwan’s next presidential election, Vice President William Lai, pledged on Wednesday (Mar 15) to protect the island against China and ensure peace, as he formally registered to run in the campaign. Lai is the front-runner to be the Democratic ProgressiveContinue Reading
Violet Coco had been sentenced to 15 months jail, sparking a row in Australia over protest rights.Continue Reading
BEIJING: China will step up financing support for private micro and small enterprises, its central bank said on Wednesday (Mar 15), as the country aims to build on a recovery from COVID-19 disruptions while facing weaker demand abroad and a domestic property downturn. The People’s Bank of China (PBOC) willContinue Reading
The standoff continued on Wednesday at a house in Bangkok’s Sai Mai district where an agitated police officer fired shots into the air and inside his house on Tuesday and overnight.Continue Reading
SVB, a major lender for start-ups in the US, collapsed after a sudden run on deposits, prompting regulators to seize control last week. It had about US$209 billion in total assets before suddenly collapsing within 48 hours. Additionally, Signature Bank, America’s 21st largest bank was also forced to close byContinue Reading
GaaSyy, whose real name is Yoshikazu Higashitani, is the first Japanese MP to be expelled for never setting foot in parliament.Continue Reading
Manufacturing has been a declining activity in the US for decades. As a result, the country has become largely dependent on foreign sources for many critical technology products that underlie industrial and military systems. Semiconductors (chips) are among these key products. During this period of decline, US domestic production of semiconductors has dropped to less than 10% […]Continue Reading
Jiang Yanyong became a national hero after revealing Beijing was covering up the scale of the virus.Continue Reading