Bernard Collaery: The spy case that ignited an Australian secrecy row
2022-07-13
Bernard Collaery is really a hero in Eastern Timor, but faced prosecution in Australia for revealing a spy mission.Continue Reading
G20 host Indonesia hopes for progress in finance chief talks despite war friction
2022-07-13
JAKARTA: G20 finance leaders will meet within Bali this week designed for talks that are due to include issues like global food security and soaring pumpiing, as host Philippines tries to ensure frictions over the war within Ukraine do not blow discussions off program. Russia’s invasion of Ukraine overshadowed aContinue Reading
Sri Lanka president hits airport standoff in escape attempt
2022-07-12
HASTY RETREAT Standard sources said the suitcase full of paperwork had also been left behind at the stately mansion along with 17. eighty-five million rupees (US$224, 167) in money, now in the custody of a Colombo court. There was no official word from the president’s office regarding his whereabouts, butContinue Reading
Banks in China’s Henan to repay some customers after mass protests
2022-07-12
BEIJING: Customers of rural Chinese banks whose withdrawals have been frozen will begin to get some of their money back on Friday (Jul 15), regulators said, after depositors clashed with authorities at a rare protest over the weekend. China’s rural banking sector has been hit hard by Beijing’s efforts toContinue Reading
Explainer: How Sri Lanka spiralled into crisis
2022-07-12
HOW DID IT COME TO THIS? Analysts say that economic mismanagement by successive governments has weakened Sri Lanka’s public finances, leaving national expenditure in excess of income and the production of tradable goods and services at inadequate levels. The problem was exacerbated by deep tax slashes enacted by the RajapaksaContinue Reading
Film director Ramai’s mum seeks son’s release
2022-07-11
The mother of famous action movie director and fight choreographer Ramai “Danny” Moriphan filed the request at Regal Thai Police Headquarters on Monday, pleading with officers to check into his alleged hold in Myanmar.Continue Reading
China detains alleged Henan bank fraud ‘gang’ after rare mass protests
2022-07-11
BEIJING: Users of a “criminal gang” accused of getting control of local banking institutions have been arrested in central China after rare protests more than alleged financial problem sparked violent clashes between customers plus authorities. China’s rural financial sector has been strike hard by Beijing’s efforts to rein in aContinue Reading
Sri Lanka: Why is the country in an economic crisis?
2022-07-11
Protesters usually are occupying the president’s official residence following months of instability.Continue Reading
Asian firms may struggle to refinance dollar debt, ratio suggests
2022-07-11
Oriental companies are likely to find it harder to refinance dollar-denominated debt, the decline in an important metric suggests, with all the currency at a two-decade high and a latest surge in inflation forcing central banks to raise interest rates. The interest coverage ratio of these businesses – a measureContinue Reading
Commentary: After huge pandemic gains, why are tech companies laying off workers?
2022-07-10
The particular pandemic offered a large opportunity for tech start-ups to scale. A lot of prioritised growth more than efficiency, says business outfit Momentum Works’ Yorlin Ng.Continue Reading