Affordability matters for government debt because the burden is eventually passed onto current and future taxpayers through tax hikes or inflation. Japan’s general government gross debt was 263% of GDP at the end of 2021. Borrowing may seem affordable as long as the average yield is close to zero, but low interest rates are no longer sustainable […]
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The sufferers are thought to have captured the virus from creatures such as shrews, and never from humans.Continue Reading
BEIJING: China’s military said on Wednesday (Aug 10) it has “successfully completed” various tasks around Taiwan after around a week of drills. The People’s Liberation Army’s Eastern Theatre Command said on its official Weibo account its troops will keep a close eye on changes in the situation in the TaiwanContinue Reading
BANGKOK: Thailand’s central bank raised its key interest rate for the first time in nearly four years on Wednesday, lifting it by a quarter point as expected to fight surging inflation as the economic recovery gains momentum. Read full storyContinue Reading
BEIJING: Strong winds from Tropical Storm Mulan are expected to whip across the South China Sea towards Hainan Island on Wednesday (Aug 10), raising the possibility of disruption to mass testing on the holiday island that is grappling with a big COVID-19 outbreak. At 10am, Mulan was estimated to beContinue Reading
Inspector General Ferdy Sambo has been charged with the premeditated murder of his bodyguard Nofriansyah Yosua Hutabarat after the latter died under unusual circumstances. He could face the death penalty.
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Chinese Foreign Ministry spokesperson Wang Wenbin this week said Australia had “wantonly criticised China’s legitimate, justified and lawful measures to safeguard its sovereignty and territorial integrity”. Wang urged Australia to “stop interfering in China’s internal affairs”. “In the past few years, China-Australia relations have experienced serious difficulties for reasons causedContinue Reading
TOKYO: Stocks fell across Asia and the dollar steadied on Wednesday as investors were reluctant to make moves ahead of the release of U.S. inflation data that could point to the Federal Reserve’s appetite for more aggressive rate hikes. Read full storyContinue Reading
On August 9, Iran launched its indigenous Khayyam satellite using a Russian Soyuz rocket from the Baikonur Cosmodrome in Kazakhstan. The sanctions-busting move strengthens Iran’s self-sufficiency in space-based military capabilities and deepens the strategic partnership between Iran and Russia. According to the news website Iran Press, Khayyam can be used beyond border surveillance for […]
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TM One can integrate digital options for NCTâs milestone parkMâsia to implement end-to-end digitisation across all facilities NCT Group of Companies (NCT) and Telekom Malaysia Berhad (TM) through its business and public industry business solution adjustable rate mortgage, TM One, have signed a collaboration agreement for the incorporation of end-to-end electronic…Continue Reading