Russia-China trade remains strong despite Western pressure
This week European Commission President Ursula von der Leyen and French President Emmanuel Macron are visiting China as part of an effort to influence Beijing’s foreign policy regarding Ukraine after Xi Jinping’s recent visit to Moscow. China has positioned itself as a “neutral” player in the Russia-Ukraine conflict from the start, seeking to act as […]Continue Reading
Luxury car tax trickle-down effect led to record-high COE prices across the board, say industry players
As more buyers now find luxury cars out of their budget, they have turned away from these vehicles, and are now looking at Category A cars.Continue Reading
China sends warships and aircraft around Taiwan for second day
‘QUITE COMMON’ McCarthy had originally planned to go to Taiwan himself but opted instead to meet Tsai in California. The decision was viewed as a compromise that would underscore support for Taiwan but avoid inflaming tensions with China, a move analysts say has so far proven successful. Tsai said onContinue Reading
Singapore elected as member of UN’s main drug policymaking body
Having been an observer since 1997, this will be the Republic’s first seat on the commission.Continue Reading
Sergeant who hacked data of 55 million Thais caught
An army sergeant and his wife were detained on Friday for allegedly hacking the personal data of 55 million Thais and putting the information up for sale under the hacker name “9Near”, according to authorities.Continue Reading
Sergeant who hacked data of 55 million Thais identified
An army sergeant has been identified for allegedly hacking the personal data of 55 million Thais and putting the information up for sale under the hacker name “9Near”, according to authorities.Continue Reading
US-Russia tensions high over Syria
A recent spike in aggressive behavior by the Russian military over Syria, coupled with the downing of an American drone by a Russian fighter jet in the Black Sea, is prompting fears that Moscow and Washington are on a collision course to confrontation. While scuffles and standoffs between Russia and the United States in northeastern Syria are not new, developments this month have […]Continue Reading
Yoon’s risky Japan wager looking like a losing bet
There are signs of a thawing in the frosty ties between South Korea and Japan. It began with South Korean President Yoon Suk-yeol’s controversial attempt to salvage the relationship, dropping demands for an apology and compensation from Japan over wartime forced labor. Though Japan’s response has been more tepid and skeptical, the countries’ leaders have […]Continue Reading
Samsung to cut chip production after profits plunge 96%
The world’s largest memory chip maker posts its worst profit since the 2009 financial crisis.Continue Reading
Fed fingerprints all over ‘dollar-is-doomed’ talk
As China draws down dollar holdings and the yuan trumps the US greenback in Russia, more and more economists are asking if an inflection point has been reached. Count Nobel laureate Paul Krugman firmly in the “no” camp. “The dollar’s dominance isn’t under threat,” the New York Times columnist argues. Others aren’t so sanguine as […]Continue Reading