Varawut Silpa-archa was elected leader of the Chartthaipattana Party on Monday and immediately set a target for his party to win 30 seats in the House of Representatives at the coming general election.Continue Reading
Authorities say dozens of children, some believed to be as young as three, are among the dead.Continue Reading
Amid rising return rates, the Singapore Savings Bonds have been receiving keen interest from investors in search of safety amid volatile times. The bond’s latest average 10-year return surpasses the interest rates offered by banks on fixed deposits, which have also been on the rise amid a rising rate environment.Continue Reading
A roast chicken vendor on Monday filed a complaint seeking legal action against Bang Sao Thong police in Samut Prakan province for wrongly accusing him of stealing 15.8 million baht worth of jewellery, causing him to be detained for seven months during his court trial.Continue Reading
Arriving in the middle of the night at my Tbilisi hotel recently for a research project, I was told that my reservation had been rescinded and the hotel was now fully booked. A huge busload of Russian men had arrived at the hotel before me and were willing to pay more than the advertised price. […]
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Mr Hamid also called for the officers involved to be prosecuted. “This loss of life cannot go unanswered,” he said. The 1964 football disaster in Lima, Peru which killed 328 people was also prompted by the firing of tear gas as did the 2001 disaster in Accra, Ghana which killedContinue Reading
Distraught fans demand justice, claiming police use of tear gas triggered a crush which killed 125 people.Continue Reading
TOKYO – As Liz Truss riffs on Margaret Thatcher and Ronald Reagan, a more recent failed experiment with supply-side economics leaps to relevance from the region: Japan’s so-called “Abenomics.”
Last week made for an intriguing split screen. On one half, moves by the new – and already embattled – UK prime minister to cut taxes for the nation’s top 1% fell flat in global markets. On the other, a state funeral for former Japanese prime minister Shinzo Abe, who had bet his legacy on a similar fiscal maneuver.
To be sure, Truss is backtracking on her tax cut plans to scrap the 45% income tax rate – for now, at least. But these zombie ideas never really die. Odds are, Team Truss – led by Finance Minister Kwasi Kwarteng – will try his ploy again presented in more palatable clothing. And soon.
The rise and fall of Abe’s legend as a great reformer sheds light on why gilt traders just aren’t having the Truss government’s reversion to Thatchernomics. The crux of the problem: just like Abe’s 2012-2020 tenure in Tokyo, Truss in London has a 1985 problem on her hands.
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KUALA LUMPUR: Close to 77,000 staff members of various agencies are fully prepared to face the possibility of floods all over Malaysia at the end of this year, a deputy minister said. Madam Mastura Mohd Yazid, Deputy Minister in the Prime Minister’s Department, told the Lower House on Monday (Oct 3)Continue Reading
For the first time, China has released video footage of its latest Type 094A nuclear-powered ballistic missile sub (SSBN) and Type 093 nuclear attack sub (SSN), a potent show of naval might ahead of China’s 20th Communist Party Congress in October. Chinese state media featured the subs in a training video for Liaoning, China’s first […]
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