Kinetic Korea: missile tests, war drills and Kim’s dead hand

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In: Asia

SEOUL – Life continued as normal in central Seoul today (November 3), but in the corridors of power and in command bunkers across this flashpoint peninsula, nerves are being tested as rarely before. South Korea said today that massed aerial drills taking place this week with US aircraft – the first such exercises in five […]Continue Reading

Petronas, Accenture, AWS to commercialise logistics platform

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In: Technology

Designed to optimise logistic operations, cost of offshore vessels
Significantly optimise operational costs, reduce carbon emissions by 15%  Petronas, Accenture and Amazon Web Services (AWS) are collaborating to evaluate commercialisation opportunities globally for the cloud-based logistics solution and services platform Stear. 
Developed by Petronas in partnership with Accenture in 2021, Stear is designed…Continue Reading

China vows commitment to growth as pressure on economy mounts

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In: Asia

OPEN-DOOR POLICY Yi Gang, governor of the People’s Bank of China (PBOC), said China will continue to deregulate its markets. “Reform and open-door policy will continue,” Yi said. Apparently seeking to ease worries over the impact of COVID-19 lockdowns and a property market crisis, Yi said “the Chinese economy hasContinue Reading

Stocks jump, workers run away over China Covid tales

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In: Asia, Business

Once again Covid and China’s policy for combating it are causing a lot of excitement. Hong Kong stock markets were up on Tuesday after an unconfirmed social media post said China was preparing to “reopen its border” in March next year. The Hang Seng Index jumped 5.23% to 15,455 points. Tencent surged 10.6% while Meituan […]Continue Reading

Hong Kong braces for storm Nalgae as city hosts financial meeting

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In: Asia

Hong Kong authorities were expected to issue the third-highest strong wind warning on Wednesday (Nov 2), which would close financial markets, schools and businesses, as Tropical Storm Nalgae heads across the South China Sea. However, a high-profile conference with senior Wall Street executives will go ahead as planned, organisers said.Continue Reading