Commentary: After 5 rounds of tightening, is there no other choice for MAS but to stay aggressive on monetary policy?
Core inflation was initially supposed to have peaked around the mid of this year and stabilised in the second half. This timeline has now been pushed into 2023, notes OCBC’s Selena Ling.Continue Reading
Taiwan touts US$900 million in new business from Silicon Valley meetings
TAIPEI: Taiwan’s economy minister has drummed up new business worth T$30 billion (US$940 million) in meetings with top executives at four major tech firms in California’s Silicon Valley, the ministry said on Saturday (Oct 15). Wang Mei-hua has been in the United States all week to respond to what herContinue Reading
Scoring the Lebanon-Israel maritime deal
The headline-grabbing maritime boundary deal announced between Lebanon and Israel this week produced several winners and losers. Determining who is who is another matter. Leaders in each country claimed victory after US President Joe Biden unveiled the agreement, while opposition groups on both sides accused their own governments of conceding national wealth. There are also questions about the […]Continue Reading
83 ancient sites in Ayutthaya inundated, all outside ‘Koh Muang’
Eighty-three historical sites, including temples, in Ayutthaya have been inundated this year, all are located outside the city’s ancient walls, according to the Fine Arts Department.Continue Reading
G20 to showcase China’s high-speed rail
More than 1,300 journalists have already registered to cover the Group of Twenty summit to be held on November 15 and 16 in Bali. The pre-summit buzz seems to be focusing on such questions as: Will US President Joe Biden attend? If he does, will he meet with Russian President Vladimir Putin? If they meet, […]Continue Reading
Home recovery under Protocol 2 will be the default for COVID-positive infants and pregnant women
The Ministry of Health has deemed the risk of severe COVID-19 disease in these two groups to be low. Continue Reading
‘Short and sharp’: COVID-19 wave of XBB infections in Singapore likely to peak in mid-November
SINGAPORE: The current wave of COVID-19 cases, driven by the XBB strain, will likely peak by around mid-November, Health Minister Ong Ye Kung said on Saturday (Oct 15). “This is likely to be a short and sharp wave,” said Mr Ong, saying that Singapore is likely to see about 15,000Continue Reading
Chinese American gangster transformed cartel money laundering
This story was first published by ProPublica, a Pulitzer Prize-winning investigative newsroom. In 2017, US Drug Enforcement Administration agents following the money from cocaine deals in Memphis, Tennessee, identified a mysterious figure in Mexico entrusted by drug lords with their millions: a Chinese American gangster named Xizhi Li. As the agents tracked Li’s activity across […]Continue Reading
Kerch Bridge, Nord Stream the handiwork of top-tier saboteurs
It is increasingly clear that the destruction of part of the Kerch-Crimea bridge and the destruction of three strands of the Nord Stream 1 and 2 pipelines required highly sophisticated technology and the skill of secret operators. According to Russia’s Federal Security Service (FSB) investigation, the truck bomb that destroyed part of the Kerch Strait Crimea […]Continue Reading
China-based US chip experts face stay-go dilemma
Hundreds of top engineers and executives working for Chinese chip companies are facing a tough decision about whether they should stay in mainland China amid the United States’ sanctions. They include those who were born in China but hold US passports after finishing their studies and gaining their working experience in America. Chinese media said […]Continue Reading