Moves – Page 127 – Sure A Not

Ukraine – the situation (September 6, 2022)

On: September 6, 2022

In: Asia

Summary/Overview Russia cut Nord Stream 1, its main natural gas pipeline to Europe, blaming it on sanctions and saying it would be long-lasting. Energy prices surged; European currencies dropped to multi-decade lows. Ukraine President’s office “explained” the Kherson offensive – or low visibility thereof – by telling the Wall Street Journal the goal was not […]

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Explainer: Indonesia bites the bullet on fuel prices as subsidies soar

By: Jing Write

On: September 3, 2022

In: Asia

JAKARTA: Indonesian President Joko Widodo on Saturday (Sep 3) raised some fuel prices by around 30 per cent to contain ballooning spending on energy subsidies in Southeast Asia’s biggest economy. The move risks sparking protests and further fanning price pressures, though analysts saw a need to act to ensure fiscalContinue Reading

Indonesia hikes fuel prices to rein in ballooning subsidies

By: Jing Write

On: September 3, 2022

In: Asia

JAKARTA: Indonesia raised subsidised fuel prices by about 30 per cent on Saturday (Sep 3), top officials said, as the government moves to rein in ballooning subsidies despite a risk of mass protests. From 2.30pm local time Saturday, within an hour after the announcement, the price of subsidised gasoline wasContinue Reading

Ministry to ask cabinet to approve long-term resident visas

By: Barkar Nash

On: September 2, 2022

In: South-East Asia

The Labour Ministry will seek cabinet approval to issue long-term resident (LTR) visas to attract wealthy and high-potential foreigners to Thailand, in a bid to stimulate the economy and investment.Continue Reading

Thales appoints Emily Tan as country director and S’pore CEO

By: Mary Blight

On: September 2, 2022

In: Technology

Succeeds Kevin Chow who moves to mature leadership role To operate a vehicle Thalesâs growth across three sites within SingaporeÂ Thales offers appointed Emily Tan (pic) as country director for Thales Singapore and as leader for Thales Options Asia Pte Ltd effective Sept 1 .In a statement, the particular France-based tech…Continue Reading

Japan repeats warning against volatility as yen hits 24-year low

By: Jing Write

On: September 2, 2022

In: Asia

TOKYO: Japan’s top government spokesperson warned again on Fri (Sep 2) that this authorities were viewing currency moves using a high sense associated with urgency, as the yen slid to a fresh 24-year low against the dollar. “It’s important for currencies to move stably highlighting fundamentals. Sharp volatility is undesirable”,Continue Reading

Japan’s finance minister warns of action as yen slides to 24-year low

By: Jing Write

On: September 2, 2022

In: Asia

TOKYO: Japanese Finance Minister Shunichi Suzuki said on Friday (Sep 2) that Tokyo will take “appropriate” action as needed on the yen’s slide to a fresh 24-year low against the dollar, signalling the chance of currency intervention to address volatile moves. “My impression is that currency market volatility has becomeContinue Reading

Karnataka: India state deploys 300 people to catch elusive leopard

By: Marcus Ching

On: September 2, 2022

In: Asia

Forest officials within Karnataka state happen to be searching for the leopard for more than 27 days.Continue Reading

How to make EVs without China’s supply chain

By: Bolen C

On: September 1, 2022

In: Asia, Business

Two electrifying moves in recent weeks have the potential to ignite electric vehicle demand in the United States. First, Congress passed the Inflation Reduction Act, expanding federal tax rebates for EV purchases. Then California approved rules to ban the sale of new gasoline-powered cars by 2035. The Inflation Reduction Act extends the Obama-era EV tax […]

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