Liz Truss under pressure from senior Tory MPs to rethink tax cuts
2022-10-12
The warnings came ahead of a bruising appearance for Liz Truss at a meeting of Tory backbenchers.Continue Reading
Jail for driver who evaded LTA officer and returned with boss to remove coal from overloaded truck
2022-10-12
It took a total of five LTA officers and one traffic police officer to finally escort the driver to an inspection centre, with the entire incident lasting more than four hours and involving eight stops.Continue Reading
ASEAN is Vietnam’s platform to diversify relationships with major powers
2022-10-12
The bloc is becoming increasingly important to the country’s national interests, but South China Sea tensions post a threat to unity
The post ASEAN is Vietnam’s platform to diversify relationships with major powers appeared first on Southeast Asia Globe.
15 out of 100 people with COVID-19 in Singapore are infected before: Ong Ye Kung
2022-10-11
If reinfection rate hits 50 per cent, Singapore will be in for another COVID-19 wave, said Health Minister Ong Ye Kung.Continue Reading
Russia to lead Sakhalin-1 as Exxon cuts and runs
2022-10-11
Russia is taking over the Sakhalin-1 oil and gas project the same way it took over Sakhalin-2 earlier this year. Foreign investors who put politics ahead of production will soon be gone. The Western investor – Shell last time, ExxonMobil this time – has once again shown itself the door. The Japanese, on the other […]
The post Russia to lead Sakhalin-1 as Exxon cuts and runs appeared first on Asia Times.
Japan says US showed understanding on Tokyo’s currency intervention
2022-10-11
Market players had expected Japan might find it difficult to secure US understanding for currency intervention, given Treasury Secretary Janet Yellen’s firm belief in market-determined exchange rates and the US commitment to battle inflation via monetary tightening, which has fuelled the dollar’s rise. While Japan’s intervention briefly halted the dollar’sContinue Reading
Chinese pundits split over US decoupling prospects
2022-10-11
Chinese pundits are divided over Washington’s proposed plan to restructure America’s industrial supply chain by decoupling with China. Chen Feng, a writer for Guancha.cn, or The Observer, writes that US companies will not be able to relocate their high-value production lines from China to nearby countries such as India and Vietnam, which he says lack […]
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Iranian, Turkish moves to join SCO raise its profile
2022-10-08
Held in Samarkand, Uzbekistan, from September 15 to 16, the 2022 summit of the SCO Heads of State Council demonstrated that the Shanghai Cooperation Organization was continuing to evolve into a viable international political congregation independent from the West. In the early 19th century, international organizations (IOs) began to emerge as modest arbiters of European affairs. […]
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Clock ticking down on US debt time bomb
2022-10-07
TOKYO – As milestones go, the US national debt surging past the US$31 trillion mark is especially personal for Haruhiko Kuroda and Yi Gang. The leaders of the Bank of Japan (BOJ) and People’s Bank of China (PBOC), respectively, run the overseas institutions sitting on the largest stockpiles of US government bonds. Japan has $1.23 […]
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Top lawyer who busted Najib faces vengeful legal fire
2022-10-07
SINGAPORE – Tommy Thomas, the lawyer who set in motion the landmark prosecution and ultimate imprisonment of an ex-prime minister for massive corruption, could be regarded as Malaysia’s most consequential attorney-general. But a new government probe into a book he published about his time as the nation’s top prosecutor is widely seen as a setback […]
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