NEW DELHI: Many Indians are delighted at the prospect of Rishi Sunak becoming the first person of Indian origin to become British prime minister on Monday (Oct 24), just as Hindus across the world celebrate Deepavali. Boris Johnson pulled out of the prime ministerial race late on Sunday, boosting Sunak’sContinue Reading
Southeast Asia’s second-largest and once one of its most dynamic economies is struggling under the weight of an aging population, a deteriorating education system and low-yield rice farming. Thailand looks trapped as a middle-income country, unable to get rich, and stuck between a younger, dynamic Vietnam and a larger Indonesia. Getting out of its economic […]Continue Reading
Sri Lanka’s fiscal situation has been facing turmoil since the global financial crisis of 2008 as well as the 26-year-long civil war that ended in 2009, draining the country of valuable resources over the years. The present economic breakdown is a result of various political missteps, which cascaded into the collapse of the political administration […]Continue Reading
Xi Jinping’s clean sweep in elevating trusted allies to the commanding heights of the Chinese Communist Party is a political outcome that has implications beyond China’s borders. Xi sits virtually unchallenged, for the time being, at the apex of a political organization that oversees a country with the world’s second-largest economy, a rapidly modernizing military […]Continue Reading
“NO WORK LEFT” Many of the flood-displaced in southern Sindh province have sought shelter in urban centres, including tens of thousands recorded at relief camps and many more in the homes of relatives or rental properties. With homes and livelihoods washed away, some are expected to abandon their rural lives,Continue Reading
BEIJING: China named Guo Tingting as vice commerce minister, according to a statement by the Ministry of Human Resources and Social Security on Monday (Oct 24). Ling Ji, an official at the Central Commission for Discipline Inspection and a former official at the commerce ministry, was appointed as the viceContinue Reading
There were 1,616 new Covid-19 in-patients and 40 related deaths recorded last week and health officials are warning of the need to continue with protection measures while taking part in traditional kathin festivals.Continue Reading
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
KANCHANABURI: Government patrols arrested two groups of Myanmar job seekers, 45 in total, who illegally crossed the border into Muang district on Sunday, police said.Continue Reading
Taiwan and the US plan to jointly manufacture weapons to firm up Taipei’s defenses against a possible China invasion, a move that could spike already high and rising tensions around the self-governing island. Last week, Nikkei reported that initial discussions have commenced on joint US-Taiwan weapons production, an arrangement that would see US defense companies […]Continue Reading