Chinese leader Xi Jinping’s recent speech to the Communist Party Congress could be one of the most consequential of the decade. He told the audience – and the world – that his economic growth-crushing “zero-Covid” policy is here to stay, and that Beijing is more determined than ever to reunify with Taiwan, peacefully if possible […]Continue Reading
Trading in cryptocurrencies is “highly risky and not suitable for the general public”, the Monetary Authority of Singapore reiterated.Continue Reading
The empire has struck back with a vengeance, as Anglo-Indian Rishi Sunak takes the United Kingdom’s national helm as its first-ever non-Caucasian prime minister. In a country that has had a sometimes vexed relationship with multi-culturalism, it speaks much of the millennial UK’s embrace of its ethnic minorities that Sunak has become prime minister. It […]Continue Reading
Sophie Qian will relocate from New York to Singapore later this year.Continue Reading
KUAKATA, Bangladesh: At least 16 people died after a cyclone slammed into Bangladesh, forcing the evacuation of about a million people from their homes, officials said on Tuesday (Oct 25). Around 10 million people were without power in 15 coastal districts, while schools were shut across southern and southwestern regions.Continue Reading
The figure is expected to stay elevated before slowing in the second half of 2023, say MAS and MTI.Continue Reading
SHANGHAI: China’s yuan extended its decline on Tuesday (Oct 25) to a near 15-year low, following Monday’s sell-off in Chinese assets by global investors worried about Beijing’s policy direction, while Hong Kong and China stocks ended lower as a rebound petered out. The onshore yuan finished the domestic session atContinue Reading
Millions of Indians are illuminating their surroundings with lamps and fireworks to celebrate the festival.Continue Reading
The cost of pet food has soared in Australia due to the pandemic and the Ukraine war.Continue Reading
The People’s Bank of China did not immediately respond to a request for comment. The looming reshuffle comes as the PBOC seeks to bolster the COVID-19 ravaged economy while avoiding aggressive loosening that could fuel capital flight, as the Federal Reserve and other central banks raise interest rates to fightContinue Reading