South East Asia

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 2021-10-27 13:27 

Channel NewsAsia

Saudi Arabia says 44 global firms will set up regional headquarters in Riyadh...

RIYADH: Saudi Arabia said on Wednesday (Oct 27) that it has licensed 44 international companies to establish regional headquarters in Riyadh, competing with Gulf neighbours, particularly Dubai, for the position of regional business hub.In February, the oi...

 2021-10-27 13:07 

Channel NewsAsia

Pope to visit Canada after indigenous school scandal...

VATICAN CITY: Pope Francis will visit Canada as the Catholic Church seeks to rebuild bridges with the indigenous community following a horrifying scandal of abuse at church-run residential schools, the Vatican said on Wednesday (Oct 27)....

 2021-10-27 12:50 

Channel NewsAsia

Boeing reports Q3 loss as 787 woes drag down results...

NEW YORK: Boeing's troubles with the 787 plane dragged down results in the third quarter, resulting in another loss as the aviation giant struggles to fully recover from earlier stumbles.Boeing reported a loss of US$109 million, compared with a loss o...

 2021-10-27 12:35 

Channel NewsAsia

Evergrande founder Hui Ka Yan amassed billions in dividends before crisis...

When Hui Ka Yan was cruising the world in a private jet, splurging on mansions and jewelry at the peak of China's Gilded Age, his extravagant lifestyle barely stood out among the country's burgeoning billionaire set.Now the China Evergrande Group ...

 2021-10-27 12:25 

Channel NewsAsia

Indonesian Internet blocks amid social unrest lawful, court rules...

JAKARTA: Indonesia's decision to block Internet access during periods of social unrest was lawful, its Constitutional Court ruled on Wednesday (Oct 27), in a move activists said sets a dangerous precedent for Internet freedom in the world's third-...

 2021-10-27 11:53 

Channel NewsAsia

Merck signs pact to broaden generic manufacturing of COVID-19 pill...

WASHINGTON: Merck & Co has signed a licensing agreement with the United Nations-backed Medicines Patent Pool (MPP) that will allow more companies to manufacture generic versions of its...

 2021-10-27 11:17 

Channel NewsAsia

India probes Kashmir students for cheering Pakistan cricket win...

SRINAGAR: Police have launched an investigation after several hundred students in Indian-administered Kashmir celebrated India's recent defeat to Pakistan in the cricket T20 World Cup, of...

 2021-10-27 11:03 

Channel NewsAsia

Russians opt for foreign beach breaks over COVID-19 curbs...

MOSCOW: Facing the toughest restrictions since the early months of the pandemic, many Russians have decided that now is an ideal time to fly off for a foreign beach holiday instead of hunkering down at home.Workplaces across Russia are due to close in the...

 2021-10-27 10:39 

Channel NewsAsia

China says fund for poorest countries 'biggest obstacle' in climate talks...

BEIJING: Establishing a fund to help poor countries tackle climate change will be...

 2021-10-27 10:19 

Channel NewsAsia

Hackers-for-hire are biggest cybersecurity threat -EU agency...

BRUSSELS : Hackers-for-hire emerged as the biggest threat to online security in the last 15 months, with the COVID-19 pandemic and home working creating opportunities for cybercriminals, EU cybersecurity agency ENISA said in its annual report on Wednesday...

 2021-10-27 10:18 

Channel NewsAsia

Some elderly, vulnerable COVID-19 patients on home recovery will get visits by medical teams...

SINGAPORE: Vulnerable COVID-19 patients recovering at home will soon get visits by mobile medical teams.These patients include the elderly, people with multiple comorbidities and those who have chosen to recover at home instead of going to a care facility...

 2021-10-27 10:14 

Channel NewsAsia

Norway forecast to top medals table for second successive Winter Games...

Norway will top the medals table for the second successive Winter Games in Beijing in February with the Russian Olympic Committee (ROC) in second place, according to a projection by Nielsen's Gracenote. The Norwegians, who won 14 gold and a record 39 ...

 2021-10-27 10:14 

Channel NewsAsia

Spotify adds more subscribers, revenue rises on ad rebound...

STOCKHOLM : Spotify Technology SA beat Wall Street estimates for third-quarter revenue on Wednesday, as the music streaming company reported a 19per cent jump in paid subscribers for its premium service driven by demand in Europe and North America.Premium...

 2021-10-27 10:09 

Channel NewsAsia

Russian Olympic chief says young unvaccinated athletes not expected to quarantine...

MOSCOW : Russia's Olympic Committee chief said on Wednesday he did not expect minors in the country's Olympic team to be subjected to three weeks of quarantine if they are unable to get vaccinated against COVID-19 before next year's Beijing Wi...

 2021-10-27 09:49 

Channel NewsAsia

Love, Bonito bags US$50 million in funding, planning more stores in Singapore and global expansion...

SINGAPORE: Homegrown fashion brand Love, Bonito said on Wednesday (Oct 27) that it had secured US$50 million (S$67 million) in funding as it plans to open more stores in Singapore and expand into other markets like the United States.The Series C funding r...

 2021-10-27 09:49 

Channel NewsAsia

U.S regulators examining Facebook's disclosures - WSJ...

The U.S Federal Trade Commission (FTC) has started looking into disclosures that social media giant Facebook Inc's internal company research had identified ill effects from its products, the Wall Street Journal reported on Wednesday. Facebook did not ...

 2021-10-27 09:49 

Channel NewsAsia

China's Ping An Insurance reports 31.2per cent decline in Q3 profit...

SHANGHAI/BEIJING : Ping An Insurance Group Co of China Ltd, the country's largest insurer by market value, posted a 31.2per cent fall in third-quarter net profit as premium income shrank on a weak economy and lower investment returns from the property...

 2021-10-27 09:49 

Channel NewsAsia

Ping An Insurance Q3 profit falls 31.2per cent on shrinking investment returns, premium income...

SHANGHAI/BEIJING :Ping An Insurance Group Co of China Ltd, the country's largest insurer by market value, posted a 31.2per cent fall in third-quarter net profit, as its premium income shrank on a weak economy and profit was eaten by losses on investme...

 2021-10-27 09:49 

Channel NewsAsia

U.S Federal Trade Commission examining Facebook disclosures - WSJ...

The U.S Federal Trade Commission (FTC) has started looking into disclosures that Facebook Inc's internal company research had identified ill effects from its products, the Wall Street Journal reported on Wednesday, citing people familiar with the matt...

 2021-10-27 09:39 

Channel NewsAsia

Investment banks argue Hong Kong's proposed SPAC rules are too rigid -sources...

HONG KONG : Investment banks and corporate advisors are pushing back against Hong Kong's proposed rules for blank check listings, arguing they are too onerous and will not make the city competitive, three sources with knowledge of the matter said.Inte...

 2021-10-27 09:32 

Channel NewsAsia

Woman fined for abandoning two kittens weeks after adopting them as they 'stressed' her out...

SINGAPORE: A woman who adopted two three-month-old kittens soon felt...

 2021-10-27 09:29 

Channel NewsAsia

Tokyo experience reassures Australia for Beijing...

MELBOURNE : Australia's Chef de Mission for the Winter Olympics says the experience of the Tokyo Summer Games has reassured him that the health protocols in place in Beijing will keep his athletes safe.Beijing marked the 100-day countdown to the Games...

 2021-10-27 09:27 

Channel NewsAsia

Taiwan has no right to join United Nations: China...

BEIJING: China insisted on Wednesday (Oct 27) that Taiwan had no right to join the United Nations, after the United States ratcheted up tensions with a call for the democratic island to have greater involvement in the world body....

 2021-10-27 09:24 

Channel NewsAsia

Japanese insurers cautious on foreign govt bonds, shrug off dollar rally...

TOKYO : Japanese insurers are growing increasingly reluctant to buy foreign government bonds without a currency hedge, as they are not expecting the recent dollar rally against the yen to continue for much longer.Only two out of Japan's top 10 insurer...

 2021-10-27 09:19 

Channel NewsAsia

Exclusive: China developers propose offshore debt maturity extension, restructuring to regulators - sources...

BEIJING/HONG KONG : Some Chinese property developers have voiced their intention to the regulators to extend their offshore bond maturities or undertake a debt restructuring, two sources with knowledge of the matter said, as a growing number of defaults h...

 2021-10-27 09:17 

Channel NewsAsia

Man jailed for inching van into woman after she followed him for not stopping at zebra crossing...

SINGAPORE: When she saw that a van driver did not stop at a zebra crossing she was standing at, a woman followed him to the car park and confronted him before placing her hands on his windscreen.The man started his engine and inched his vehicle forward, c...

 2021-10-27 09:14 

Channel NewsAsia

Polish watchdog investigating Uber Eats and Glovo...

WARSAW : Polish consumer watchdog UOKiK said it was investigating complaints against Glovo and Uber Eats after customers said they had problems with getting money back for cancelled orders or had been made to pay more than they had been initially told.Ube...

 2021-10-27 09:14 

Channel NewsAsia

ASEAN Plus Three nations must continue cooperation, prepare economies for recovery amid pandemic: PM Lee...

SINGAPORE: Association of Southeast Asian Nations (ASEAN) members as well as China, South Korea and Japan should continue to work together amid...

 2021-10-27 09:00 

Channel NewsAsia

Japan PM's nuclear push faces resistance ahead of election...

KASHIWAZAKI, Japan: Prime Minister Fumio Kishida's push to restart Japanese nuclear power plants idled after the Fukushima disaster faces stiff opposition ahead of a general election on Sunday (Oct 31), where his future as leader hangs in the balance ...

 2021-10-27 08:59 

Channel NewsAsia

Volunteers crush the grapes and raise a glass at London winery...

LONDON : Winemakers always hope their customers want to drink their wine. Not many want them to help make it too.As a startup, east London's Renegade Urban Winery has limited funds for a big workforce come harvest time, so they turn to volunteers to h...

 2021-10-27 08:55 

Channel NewsAsia

Hong Kong passes film censorship law to 'safeguard national security'...

HONG KONG: Hong Kong's legislature passed a new film censorship law on Wednesday (Oct 27) to...

 2021-10-27 08:54 

Channel NewsAsia

India raids liquor companies in price fixing probe -sources...

NEW DELHI :India's antitrust watchdog on Wednesday raided the offices of Associated Alcohols & Breweries and Som Distilleries as part of an investigation into alleged price fixing in liquor products, two sources with direct knowledge of the matter sai...

 2021-10-27 08:54 

Channel NewsAsia

Thai economy to grow more than 1per cent this year - finance minister...

BANGKOK : Thailand's economy is expected to grow by more than 1per cent this year, helped by improved exports and government measures as well as a gradual recovery in tourism, the finance minister said on Wednesday.The government also plans to introdu...

 2021-10-27 08:54 

Channel NewsAsia

India raids liquor companies in price fixing probe: Source...

NEW DELHI: India's antitrust watchdog on Wednesday (Oct 27) raided the offices of Associated Alcohols & Breweries and Som Distilleries as part of an investigation into alleged price fixing in liquor products, two sources with direct knowledge of the m...

 2021-10-27 08:49 

Channel NewsAsia

We're not fit enough to compete with the best, says South Korea women's coach...

South Korea women's coach Colin Bell said his players were not fit enough to compete with the world's best after they were thrashed 6-0 by the United States as part of their preparations for January's Asian Cup.The heavy defeat came four days ...

 2021-10-27 08:49 

Channel NewsAsia

Wacker Chemie to buy majority stake in Chinese rival for about US$140 million...

BERLIN : German chemical company Wacker Chemie said on Wednesday it will buy 60per cent stake in Chinese specialty chemicals manufacturer Sico Performance Material for about 120 million euros (US$139.66 million).Wacker Chemie said it will fully consolidat...

 2021-10-27 08:38 

Channel NewsAsia

China cracks down on vanity-project super skyscrapers...

BEIJING: China has restricted the construction of extremely tall skyscrapers in smaller cities as part of a crackdown on wasteful vanity projects by local governments.Without special approval, cities with populations of less than 3 million must not build ...

 2021-10-27 08:36 

Channel NewsAsia

China's growing COVID-19 outbreak tests vulnerable border towns...

BEIJING: China has reported nearly 250 locally transmitted cases of COVID-19 since the start of the current outbreak 10 days ago, with many infections in remote towns along porous international borders in the country's northwest.China had 50 new local...

 2021-10-27 08:36 

Channel NewsAsia

Malaysia hopes to fully reopen to international tourists by early December: Tourism minister...

KUALA LUMPUR: Malaysia hopes to fully reopen borders to international tourists by early December, said Minister for Tourism, Arts and Culture Nancy Shukri on Wednesday (Oct 27). Responding to a parliamentary question on when the whole country would be reo...

 2021-10-27 08:24 

Channel NewsAsia

Thai central bank extends bond support fund until end-2022...

BANGKOK : Thailand's central bank said on Wednesday it extended a corporate bond stabilisation fund for another year to the end of 2022 as the coronavirus situation remained highly uncertain.The fund is aimed at maintaining economic and financial stab...

 2021-10-27 08:24 

Channel NewsAsia

Malaysia targets renewable energy at 40per cent of total capacity by 2035...

KUALA LUMPUR : Malaysia's renewable energy installed capacity is targeted to reach 40per cent, or 18,000 megawatts, by 2035, Energy Minister Takiyuddin Hassan said on Wednesday, as the Southeast Asian nation charts a lower-carbon pathway for its power...

 2021-10-27 08:24 

Channel NewsAsia

China traders hunt for coal price directions as Beijing reins in data providers...

BEIJING/SINGAPORE : Chinese coal traders say they are scrambling for price information on spot transactions, relying on personal communications as Beijing steps up scrutiny amid efforts to tame prices. The country's top economic planner, the National ...

 2021-10-27 08:24 

Channel NewsAsia

Malaysia targets renewable energy at 40% of total capacity by 2035...

KUALA LUMPUR: Malaysia's renewable energy installed capacity is targeted to reach 40 per cent, or 18,000 megawatts, by 2035, Energy Minister Takiyuddin Hassan said on Wednesday (Oct 27), as the Southeast Asian nation charts a lower-carbon pathway for ...

 2021-10-27 08:21 

Channel NewsAsia

Amazon to create more than 200 jobs in Singapore with new office at Asia Square...

SINGAPORE: Amazon is planning to expand its local workforce in Singapore as it aims to add more than 200 jobs with its new office at Asia Square....

 2021-10-27 08:19 

Channel NewsAsia

Global insurtech investment tops US$10 billion in 2021-report...

LONDON : Global investment in insurance technology (insurtech) start-ups totalled US$10.5 billion in the first nine months of 2021, a record high level for the period, reinsurance broker Willis Re said on Wednesday.Investment in the third quarter totalled...

 2021-10-27 08:12 

Channel NewsAsia

Teenager charged with fishing illegally at Bukit Batok Town Park without mask or social distancing...

SINGAPORE: A teenager is accused of fishing illegally at Bukit Batok Town Park, also known as Little Guilin, with five other people on one occasion and seven others on the second.The 17-year-old was charged in court on Wednesday (Oct 27). He cannot be nam...

 2021-10-27 08:08 

Channel NewsAsia

Hiroshima nuclear bomb survivor and campaigner dies at 96...

TOKYO: Hiroshima A-bomb survivor Sunao Tsuboi, who became a prominent campaigner for nuclear disarmament and met Barack Obama on his historic visit to the city, has died aged 96, his advocacy group said on Wednesday (Oct 27).Tsuboi was on his way to engin...

 2021-10-27 08:01 

Channel NewsAsia

FAQ: What you need to know before buying a prime area BTO flat...

SINGAPORE: The Ministry of National Development (MND) and the Housing and Development Board (HDB) announced on Wednesday (Oct 27) details of a new housing model that will see public housing built in prime, central areas.Build-to-Order (BTO) flats under th...

 2021-10-27 08:00 

Channel NewsAsia

S Korean bakes 'Squid Game'-themed Halloween dog treats...

SEOUL : A South Korean pet cooking studio owner has started a baking class through which fans of Netflix's...

 2021-10-27 08:00 

Channel NewsAsia

Madrid court suspends Bayern's Lucas Hernandez prison term...

MADRID : A Madrid court has suspended Bayern Munich and France defender Lucas Hernandez's six month prison term for disobeying a restraining order following a 2017 conviction of domestic violence, a court statement said on Wednesday.The sentence will ...

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