War clouds gathering in Asian skies
SEOUL – US House Loudspeaker Nancy Pelosi is certainly expected to arrive in Taiwan this evening (August 2), just as South Korea and the US kick off two months of shared military drills on the Korean peninsula. Along with Taiwan being a hyper-sensitive touch point just for China, Beijing has been issuing dire alerts ahead of the rumored […]
The article Battle clouds gathering within Asian skies appeared 1st on Asia Times .
Tiger Woods turned down $700-$800 million offer to join Saudi-backed LIV Golf series, says CEO Greg Norman
Tiger Woods turned down an offer really worth approximately $700-$800 mil to join the Saudi-backed LIV Golf collection, according to the tour’s CEO Greg Norman.Continue Reading
Malaysia chicken breeders in the dark about whether exports will resume but cheer signs of market recovery
Subsequent remarks in parliament that there is now an oversupply of chicken, breeders are positive that exports in order to countries like Singapore will be reinstated shortly.Continue Reading
Restrictions on the number of visitors to hospitals, care homes extended to Aug 31 as part of COVID-19 measures
SINGAPORE: Restrictions on the amount of visitors to hospitals plus residential care homes will be extended in order to Aug 31, mentioned the Ministry of Health (MOH) on Tuesday (Aug 2). “While the every day number of local COVID-19 cases has fallen gradually over the past week, ourContinue Reading
Flash floods hit parts of Johor Bahru leaving vehicles trapped in water
Vehicles in open car recreational areas around the affected areas were also observed trapped in ton water. A Facebook post by ‘Komuniti Johor’, a community Fb page which blogposts on incidents plus events around the southern part of state, reported that Chief Minister Onn Hafiz Ghazi was atContinue Reading
Malaysia’s anti-smoking Bill referred to parliamentary committee for further deliberation
Mister Khairy said a week ago in a Twitter video clip that the country had to spend RM6. two billion (US$1. 4 billion) in 2020 to treat three illnesses caused by smoking – lung cancer, heart problems and chronic obstructive pulmonary disease (COPD). This cost was likely to increase toContinue Reading
US Fed puts China on edge of a liquidity trap
The volatility within the yuan over the last 7 days dramatizes the tough road ahead for your People’s Bank associated with China (PBOC).
PBOC Chief excutive Yi Gang invested the last six-plus several weeks trying to pull off the precarious balancing act: supporting flagging development while preventing surging global inflation from upending Asia’s greatest economy.
This feat gets harder by the day thanks to Yi’s version in Washington, Jerome Powell . At Government Reserve headquarters, Governor Powell is scrambling to clean up a mess of his own development.
Because the Fed didn’t tighten when it could – say, 12 months back – it’s actively playing catchup on the worst inflation in 40 years. Right now, fears of recession have Powell on the tightrope the likes of which the Fed has never needed to navigate.
The post US Fed places China on edge of a liquidity snare appeared first on Asia Occasions .
China rumbles and rages against Pelosi Taiwan visit
The Chinese army has promised to safeguard China’s nationwide sovereignty and territorial integrity ahead of INDIVIDUALS Speaker of the House in Representatives Nancy Pelosi’ s possible trip to Taiwan later this time. Pelosi announced the particular itinerary of their Asia tour on Sunday but will not mention a stop in self-governing Taiwan, in which China considers the renegade […]
The post China rumbles and rages towards Pelosi Taiwan take a look at been seen in first on Asia Events .
China warns US will ‘pay the price’ if Pelosi visits Taiwan
BEIJING: Tiongkok said Tuesday (Aug 2) that the Usa will “pay the price” if Home Speaker Nancy Pelosi visits Taiwan throughout her Asia vacation. Pelosi was in Malaysia on Tuesday , the second stop in a tour that has started rage in Beijing after reports of the potential Taipei goContinue Reading
Hong Kong lowers age for Sinovac vaccine shot to six months
HONG KONG: Hong Kong on Wednesday (Aug 2) reduced the minimum age for getting vaccinated with China’s Sinovac COVID-19 shot to six months from three years right after several young children became infected with the virus. Grown ups and children within the Asian financial hub, which retains a few ofContinue Reading