ISLAMABAD: Early estimates put the damage from Pakistan’s fatal floods at greater than US$10 billion, the planning minister stated on Monday (Aug 29), adding that this world has an obligation to help the Southern Asian nation cope with the effects of man-made environment change. Unprecedented flash surges caused by historicContinue Reading
BEIJING: Police in China’s Henan province possess arrested 234 suspects in connection with a rural banking scandal, the general public security bureau of the province’s Xuchang town said on Monday (Aug 29). Deposits really worth at least US$1. 5 billion at a number of small lenders within Henan have beenContinue Reading
Eateries deny rearing their prices to help cash in on the brand-new influx of Singaporean tourists. They keep that the price walk is inevitable like operating costs have hot up.Continue Reading
HONG KONG: Macao has fixed a limit of 6,000 gaming tables and 12,000 gaming machines for new casino operators early next year, as well as minimum income levels for each operator, the government in the world’s biggest gambling hub said on Friday (Aug 26). It is the first time authoritiesContinue Reading
HONG KONG: Asian markets increased Friday (Aug 26) after a Wall Street rally ahead of the speech by Government Reserve boss Jerome Powell that is likely to reiterate his intend to ramp up interest rates to fight inflation. Adding to the particular strong buying emotion were signs of progress inContinue Reading
JAKARTA: Indonesia may raise subsidised fuel prices simply by 30 per cent in order to 40 per cent to control fiscal pressure from a ballooning subsidy budget, lawmakers from Leader Joko Widodo’s judgment coalition government told Reuters on Fri (Aug 26). Eddy Soeparno, a member of the National Mandate PartyContinue Reading
Apple Incorporation plans to start production iPhone 14 within India as the US tech giant looks for alternatives to The far east after Xi administration’s clashes with Wa and lockdowns across the nation disrupted production, Bloomberg News reported. The company continues to be working with suppliers in order to rampContinue Reading
MANILA: Philippine President Ferdinand Marcos Jr said on Wednesday (Aug 17) he was negotiating with the local sugar industry to reduce retail prices of the sweetener by as much as 40 per cent to ease the burden on consumers amid soaring inflation. Prices of refined sugar in the Philippines haveContinue Reading
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
JAKARTA: Indonesian President Joko Widodo on Tuesday (Aug 16) tabled a 3,041.7 trillion rupiah (US$206 billion) budget for 2023, while reminding the nation to remain cautious amid global uncertainties. He said in parliament: “In the future, we must continue to maintain our prudence and vigilance.” “The risk from global economicContinue Reading