The disappointing economic backdrop to China’s policy dilemma
Industrial production also missed expectations. Concerns over fresh COVID-19 flare-ups, worries about jobs and the crisis in the property sector have dented borrowing by companies and consumers. Chinese banks extended 679 billion yuan (US$101 billion) in new yuan loans in July, less than a quarter of June’s amount, according toContinue Reading
China publishes draft rules on sales of ‘mystery boxes’
SHANGHAI: China’s market regulator on Tuesday (Aug 16) published draft rules to govern the sales and marketing of “mystery boxes”, where consumers do not know which toy figurine they will get until they open the box. The regulator aims to bring order to a market which has become a bigContinue Reading
China-born scientist targeted by US ‘discovers world’s best semiconductor’
MIT professor Gang Chen and colleagues say cubic boron arsenide conducts heat 10 times better than silicon. Chen was investigated under a US government programme for allegedly hiding connections to China, but the charges against him were dropped earlier this year. Read full storyContinue Reading
Ukraine sets the mold for commercial space wars
Satellites owned by private companies have played an unexpectedly important role in the war in Ukraine. For example, in early August 2022, images from the private satellite company Planet Labs showed that a recent attack on a Russian military base in Crimea caused more damage than Russia had suggested in public reports. Ukrainian President Volodymyr […]
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Basketball star Liz Cambage announces she is stepping away from the WNBA ‘to focus on healing and personal growth’
Four-time WNBA All-Star Liz Cambage has announced that she is “stepping away from the league for the time being,” three weeks after she agreed to a “contract divorce” with her team, the Los Angeles Sparks.Continue Reading
US ‘must contest’ Chinese missiles over Taiwan, says admiral
Firing missiles over Taiwan is a “gorilla in the room” that must be challenged, a top US commander says.Continue Reading
Ukraine puts Indonesia on brink of a noodle crisis
JAKARTA – Despite the involvement of a domestic company in renewed grain shipments, Indonesia has not been – nor is likely to be – the early beneficiary of any wheat from Ukraine or Russia following the reopening of Black Sea ports under a United Nations-brokered deal last month. Instead, Association of Flour Producers (Aptindo) chairman […]
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Awantec expects first Google cloud region in Malaysia to speed cloud adoption across public sector, corporates
 Empower public sector to deliver critical new citizen-centric services
Enhance Awantec capabilities in delivering better customer experiences In response to Google Cloud announcing its plans to open its first cloud region in Malaysia, as announced last week on 12 August, Syed Naqiz Shahabuddin (pic), Chairman of Awantec Bhd comments that the move…Continue Reading
Hong Kong police to deploy technology to combat misinformation, new PR chief says
New police head of PR says hi-tech public opinion tracker will help quell rumours and misinformation. Assistant Commissioner of Police Joe Chan adds new PR wing will tell ‘good stories’ about police, city and country. Read full storyContinue Reading
Nutrition labels for drinks high in sugar, saturated fat to be rolled out in practical manner: MOH, HPB
Not all establishments will be required to use laboratory analysis to determine the sugar and saturated fat content of their beverages, say the authorities. Continue Reading