South East Asia

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 2022-11-30 05:37 

Channel NewsAsia

Nissan gets $1.44 billion green loan for zero-emission mobility investments...

TOKYO : Japan's Nissan Motor Co has signed a 200-billion-yen ($1.44 billion) green loan agreement to fund zero-emission mobility investments, the automaker said on Wednesday.The syndicated loan was arranged by Mizuho Bank and MUFG Bank with contract p...

 2022-11-30 05:25 

Channel NewsAsia

FTX collapse: 'Very limited' impact on Singapore's financial system and economy, says DPM Wong...

Key financial institutions in Singapore have "insignificant" exposures to cryptocurrency and players in the industry, says Deputy Prime Minister Lawrence Wong....

 2022-11-30 05:22 

Channel NewsAsia

Temasek initiates internal review after loss of investment in FTX...

SINGAPORE: Temasek Holdings has initiated an internal review after it said it would write down its US$275 million investment into cryptocurrency exchange FTX, Deputy Prime Minister La...

 2022-11-30 05:10 

Channel NewsAsia

More than 210,000 seniors joined programme to develop digital literacy and skills...

SINGAPORE: More than 210,000 seniors have joined a programme to help them develop digital literacy since 2020, said Minister for Communications and Information Josephine Teo on Wednesday (Nov 30). She was responding to a parliamentary question from MP Lim...

 2022-11-30 05:03 

Channel NewsAsia

Trial in 2016 Ivory Coast attack set to get underway...

ABIDJAN, Ivory Coast: Eighteen people go on trial in Ivory Coast on Wednesday (Nov 30) accused of involvement in one of West Africa's bloodiest militant attacks - a machine-gun assault on a beach resort in 2016 that left 19 dead. But only four of the ...

 2022-11-30 04:58 

Channel NewsAsia

At least 448 killed in Iran protest crackdown: Rights group...

PARIS: Iranian security forces have killed at least 448 people in a crackdown on protests that began in mid-September, over half in ethnic minority regions, a rights group said on Tuesday (Nov 29). Of the 448 people confirmed to have been killed, 60 were ...

 2022-11-30 04:43 

Channel NewsAsia

Repeal of Section 377A and constitutional amendment to protect marriage definition 'major milestone' for Singapore: PM Lee...

SINGAPORE: The repeal of Section 377A and protecting the definition of marriage from legal challenges is a...

 2022-11-30 04:37 

Channel NewsAsia

More than 3,000 birds to be moved from Jurong park to Bird Paradise in Mandai...

SINGAPORE: More than 3,000 birds and about 50 species of flora will be moved from Jurong Bird Park to Bird Paradise at Mandai, Minister of State for Trade and Industry Alvin Tan said in Parliament on Wednesday (Nov 30). He was responding to a parliamentar...

 2022-11-30 04:36 

Channel NewsAsia

Volatility in yuan spurs bets China will widen its band...

SHANGHAI : As macroeconomic risks induce unprecedented levels of volatility in China's yuan, investors are betting that authorities may widen the currency's tight trading band for first time since 2014 to allow market forces greater say.China'...

 2022-11-30 04:36 

Channel NewsAsia

Volatility in yuan spurs bets China will widen its band...

SHANGHAI: As macroeconomic risks induce unprecedented levels of volatility in China's yuan, investors are betting that authorities may widen the currency's tight trading band for first time since 2014 to allow market forces greater say. China'...

 2022-11-30 04:18 

Channel NewsAsia

Global stocks to grind higher, lacklustre year ahead: Reuters poll...

BENGALURU : The global economy needs to find a more solid footing before most stock markets to break out of their torpor, according to market strategists polled by Reuters who have broadly cut their 2023 forecasts compared with three months ago.That may b...

 2022-11-30 04:15 

Channel NewsAsia

Indonesia central bank says monetary policy to remain pro-stability...

JAKARTA : Indonesia's central bank governor Perry Warjiyo said on Wednesday that monetary policy will remain pro-stability and that energy subsidies next year will allow Bank Indonesia (BI) to raise interest rates in a measured way.Warjiyo was speakin...

 2022-11-30 04:12 

Channel NewsAsia

China's Sunshine Insurance targets up to $950 million in HK IPO...

China's Sunshine Insurance launched on Wednesday a Hong Kong initial public offering (IPO) to raise up to $950 million in a deal that would be the second-largest new share sale in the city in 2022.The company is selling 1.15 billion shares in a price ...

 2022-11-30 04:10 

Channel NewsAsia

Marketmind: How to be hawkish by J.Powell...

SYDNEY : A look at the day ahead in European and global markets from Wayne Cole.So Tuesday's bout of post-pandemic euphoria in Chinese markets has cooled today, perhaps a recognition of just how long it will likely take to materially raise vaccination...

 2022-11-30 04:07 

Channel NewsAsia

66 fines issued to motorcyclists near Woodlands Checkpoint for emissions, other offences...

The offences include excessive noise emissions and improper licence plates....

 2022-11-30 03:47 

Channel NewsAsia

Australian parliament censures former PM Morrison over secret ministries...

SYDNEY: Australia's parliament on Wednesday (Nov 30) voted to censure former Liberal prime minister Scott Morrison after an inquiry found his secret appointment to multiple ministries during the COVID-19 pandemic undermined trust in government. Morris...

 2022-11-30 03:46 

Channel NewsAsia

Jack Ma living in Japan after China tech crackdown: Report...

TOKYO: Alibaba founder Jack Ma has been living in Tokyo for almost six months after disappearing from public view following China's crackdown on the tech sector, the Financial Times rep...

 2022-11-30 03:33 

Channel NewsAsia

India's Tata in talks to buy Wistron's India facility -report...

India's Tata Group is in discussions with Taiwan's Wistron Corp to buy its manufacturing facility for up to 50 billion rupees ($612.6 million), the Economic Times business daily reported on Wednesday, citing people familiar with the talks.Neither ...

 2022-11-30 03:33 

Channel NewsAsia

Tata in talks to buy Wistron's India facility -report...

(Corrects Reuters Instrument Code in paragraph one):India's Tata Group is in discussions with Taiwan's Wistron Corp to buy its manufacturing facility for up to 50 billion rupees ($612.6 million), the Economic Times business daily reported on Wedne...

 2022-11-30 03:30 

Channel NewsAsia

Alzheimer's drug from Eisai and Biogen slows cognitive decline, side-effects in focus...

SAN FRANCISCO: An experimental Alzheimer's disease drug from Eisai and Biogen slowed cognitive decline in a closely watched trial but may carry a risk of dangerous side effects for certain patients, according to new data presented on Tuesday (Nov 29)....

 2022-11-30 03:25 

Channel NewsAsia

Kim Kardashian gets $200,000 monthly child support settlement from Ye - media...

Kim Kardashian and Ye, the rapper formerly known as Kanye West, have reached a divorce settlement that includes joint custody of their four children and dividing up their real estate assets, media reports said on Tuesday.Though they will have joint custod...

 2022-11-30 03:13 

Channel NewsAsia

Let's Celebrate 2023: Homegrown talents to perform live at Mediacorp's countdown party at Marina Bay...

The annual show returns to a live audience with a line-up that features rappers Yung Raja, Fariz Jabba, veteran icon Rahimah Rahim, TikTok singer ALYPH, local artistes Richie Koh and Desmond Ng, as well as Malaysian singer-songwriter Shila Amzah....

 2022-11-30 03:12 

Channel NewsAsia

Brazil's congress backs law for more crypto regulation...

Brazil's lower house of Congress late Tuesday approved a bill that aims to boost oversight of the country's cryptocurrency sector, after one of the world's largest crypto exchanges collapsed earlier this month.The proposal, which would see the...

 2022-11-30 02:47 

Channel NewsAsia

Asia stocks choppy as investors cautious after disappointing China data...

HONG KONG: Asian shares wobbled on Wednesday (Nov 30) as investors remain cautious about China's path to reopening its economy after it released disappointing manufacturing data, with China and Hong Ko...

 2022-11-30 02:39 

Channel NewsAsia

China reports slight drop in new COVID-19 cases for Nov 29; Beijing cases rise...

SHANGHAI: China reported 37,828 new COVID-19 infections on Nov 29, of which 4,288 were symptomatic and 33,540 were asymptomatic, the National Health Commission said on Wednesday (Nov 30). That is compared with 38,645 new cases a day earlier 3,624 symptoma...

 2022-11-30 02:39 

Channel NewsAsia

COVID-19 protests escalate in Guangzhou as China lockdown anger boils...

SHANGHAI: People in China's southern manufacturing hub of Guangzhou clashed with white hazmat-suited riot police on Tuesday (Nov 29) night, videos on social media showed, as frustration with stringent COV...

 2022-11-30 02:27 

Channel NewsAsia

Commentary: Any party forming the government of the day would not have lifted party whip on 377A but that's not the point...

Why did WP lift the party whip but not the PAP on the vote to repeal Section 377A? We're focusing on the wrong thing in this debate, says Eugene K B Tan....

 2022-11-30 02:22 

Channel NewsAsia

Dollar near one-week high as traders prepare for Powell, payrolls tests...

TOKYO : The U.S. dollar stuck close to a one-week high on Wednesday, holding on to gains from a three-day rally, as investors braced for comments from Federal Reserve Chair Jerome Powell later and a crucial monthly jobs report at the end of the week.The e...

 2022-11-30 02:11 

Channel NewsAsia

Japan awaits same-sex marriage ruling crucial to future LGBTQ rights...

TOKYO: A Japanese court will decide on Wednesday (Nov 30) whether bans on same-sex marriages are constitutional, a ruling that could set the future course of LGBT rights in the only G7 nation that does not allow such unions. Japan's constitution defin...

 2022-11-30 02:06 

Channel NewsAsia

Oil up as US crude stocks seen falling, OPEC+ concerns limit gains...

Oil prices rose in early Asian trade on Wednesday as U.S. crude inventories were seen falling, but concerns that OPEC+ would leave output policy unchanged at its upcoming meeting limited gains.Brent crude futures were up 65 cents or 0.8 per cent at $83.68...

 2022-11-30 01:42 

Channel NewsAsia

China's services sector activity falls further in Nov - official PMI...

BEIJING : China's services activity contraction deepened in November, official data showed on Wednesday, as already strict COVID-19 restrictions tightened further in some cities due to surging infections and struck a blow to consumption.The official n...

 2022-11-30 01:40 

Channel NewsAsia

China's factory activity contraction deepens in November...

BEIJING : China's factory activity contracted at a faster pace in November, an official survey showed on Wednesday, weighed down by softening global demand and COVID-19 restrictions, underscoring the added pressure faced by the world's second-larg...

 2022-11-30 01:40 

Channel NewsAsia

China's November factory, services activities fall to 7-month lows on COVID-19 curbs...

BEIJING: China's factory activity contracted at a faster pace in November, an official survey showed on Wednesday (Nov 30), weighed down by COVID-19 curbs and softening global demand, underscoring the...

 2022-11-30 01:26 

Channel NewsAsia

The Kid Laroi, Justin Bieber, Adele: Apple Music reveals top music in 2022 and listener charts...

Stay, by The Kid Laroi and Justin Bieber, is No 1 on Apple Music's top 100 global songs chart, staying on top for 51 days straight. It also stayed atop the Billboard Hot 100 for seven weeks this summer....

 2022-11-30 01:24 

Channel NewsAsia

Public and private collaboration is key to shaping a digital future...

Overcoming digital inequality amid turbulent times is crucial to building a tech-driven era, says Mr Amit Midha, president, Asia Pacific & Japan, and Global Digital Cities, Dell Technologies....

 2022-11-30 01:12 

Channel NewsAsia

US crypto broker Genesis says it is working to avoid bankruptcy filing...

U.S. cryptocurrency brokerage Genesis said it was seeking to avoid bankruptcy after Bloomberg news reported on Tuesday that creditors to the firm are organizing with restructuring lawyers to prevent insolvency. Citing people with knowledge of the situatio...

 2022-11-30 01:05 

Channel NewsAsia

Shimao to raise funds after Beijing lifts equity refinancing ban...

HONG KONG : Shimao Group Holdings Ltd said it would launch a private placement of shares to ease a liquidity crunch, becoming the second Chinese property developer to announce such a move after Beijing permitted the sector to resume equity refinancing.The...

 2022-11-30 01:05 

Channel NewsAsia

Chinese developer Shimao to raise funds as Beijing lifts equity sales ban...

HONG KONG :Chinese property developer Shimao Group Holdings Ltd plans a private placement of shares, becoming the second player in the cash-queezed sector to tap equity fundraising options just a day after Beijing lifted a ban on such deals.Shares of Shim...

 2022-11-30 00:43 

Channel NewsAsia

Kim Kardashian and Kanye West settle divorce, averting custody trial...

Among the terms they have agreed on the two will have joint custody and neither will pay the other spousal support....

 2022-11-30 00:17 

Channel NewsAsia

Japan's Oct factory output extends decline with larger-than-expected dip...

TOKYO : Japan's factory output fell for a second consecutive month in October, as stalling global demand and lingering supply bottlenecks put a lid on Japanese manufacturers' production plans.The feeble business activity highlights challenges for ...

 2022-11-30 00:17 

Channel NewsAsia

Japan's October factory output falls again on global slowdown, weak chip demand...

TOKYO :Japan's factory output fell for a second consecutive month in October, as stalling global demand and lingering supply bottlenecks put a lid on Japanese manufacturers' production plans. The feeble business activity highlights challenges for ...

 2022-11-30 00:09 

Channel NewsAsia

Analysis:Apple supply chain data shows receding exposure to China as risks mount...

SHANGHAI : Apple Inc's wide exposure to Chinese manufacturing, notable both for its low costs and rising risks, has receded since the COVID-19 pandemic began, company supply chain data shows.With the world's biggest iPhone factory, operated in cen...

 2022-11-30 00:09 

Channel NewsAsia

Apple supply chain data shows receding exposure to China as risks mount...

SHANGHAI: Apple's wide exposure to Chinese manufacturing, notable both for its low costs and rising risks, has receded since the COVID-19 pandemic began, company supply chain data shows. With the world's biggest iPhone factory, operated in central...

 2022-11-30 00:06 

Channel NewsAsia

Companies not doing enough to protect nature, environmental non-profit says...

LONDON : Companies are not doing enough to stop biodiversity loss, and most have no idea about the damage to nature caused by their supply chains, a report from environmental disclosure platform CDP said on Wednesday.Around 20,000 companies report to non-...

 2022-11-30 00:06 

Channel NewsAsia

Companies not doing enough to protect nature, environmental non-profit says...

LONDON: Companies are not doing enough to stop biodiversity loss, and most have no idea about the damage to nature caused by their supply chains, a report from environmental disclosure platform Carbon Disclosure Project (CDP) said on Wednesday (Nov 30). A...

 2022-11-29 23:39 

Channel NewsAsia

English all-rounder Livingstone to make test debut in Rawalpindi...

Lancashire all-rounder Liam Livingstone will make his test debut for England against Pakistan on Thursday, as England Men named their team for the first Test of the three-test series.Nottinghamshire batter Ben Duckett returns for England for the first tim...

 2022-11-29 23:34 

Channel NewsAsia

US lauds wounded hero Pulisic for getting them into last 16...

DOHA : Christian Pulisic was hailed by his team mates on Tuesday after his first-half strike sent the United States through to the World Cup knockout rounds, with the effort landing him in hospital with an abdominal injury. The Chelsea forward burst into ...

 2022-11-29 23:32 

Channel NewsAsia

South Korea Oct factory output drops at fastest pace since May 2020...

SEOUL : South Korea's factory output dropped in October by more than expected and at the fastest pace in nearly 2-1/2 years, government data showed on Wednesday, amid weakening demand due to a global economic slowdown, and aggressive rate hikes.The co...

 2022-11-29 23:14 

Channel NewsAsia

US fans see 'bright future' for team after defeating Iran...

CHICAGO: Relief and utter joy washed over American fans on Tuesday (Nov 29) as the United States beat Iran 1-0 in a nailbiter to reach the last 16 of the World Cup, after they shockingly failed to reach the 2018 tournament. The United States are four year...

 2022-11-29 23:08 

Channel NewsAsia

River Plate say they will have biggest stadium in South America...

The Argentine club River Plate announced on Tuesday the final stage of refurbishment work on its Mas Monumental stadium in Buenos Aires with 3,500 seats added for a total of capacity of 84,567 people.The new stadium will be bigger than expected, making it...

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