The UK is likely to be the hardest-hit by Covid-19 among major economies, a leading agency has warned. Britain’s economy is likely to slump by 11.5% in 2020, outstripping falls in other developed economics of Germany, France, Spain and Italy, it said. If there were a second peak in the […]
Blog
PARIS: The global economy will contract at least six per cent this year, with the unprecedented loss of income and “extraordinary uncertainty” caused by measures to contain the coronavirus outbreak, the OECD said Wednesday (Jun 10). In the case of a second wave of contagion later in the year, economic […]
KUALA LUMPUR: Malaysian schools will reopen in phases, starting on Jun 24 for those taking their leaving examinations, said Education Minister Mohd Radzi Md Jidin on Wednesday (Jun 10). In a press conference, he said the first phase of reopening will involve 500,444 students from more than 2,500 schools taking […]
KUALA LUMPUR: After close to three months of an interstate travel ban, the Bandar Tasik Selatan integrated terminal was a hive of activity on Wednesday (Jun 10) morning. People queued at the entrance of the transportation hub for their temperature and details to be taken, before they boarded their respective […]
JAKARTA: Indonesia’s state oil giant Pertamina said it has signed a deal with Taiwan’s CPC to develop a US$8 billion petrochemical complex, after years of negotiations. Operations are slated to begin in 2026 at the new plant, which is to be built at an existing refinery in Indonesia’s West Java […]
BEIJING: China said Wednesday (Jun 10) it had reached a “positive consensus” with India over resolving tensions at the border between the two countries, where troops have faced off in recent weeks. Tensions flare on a fairly regular basis between the two regional powers over their 3,500km frontier, which has […]
LONDON: The head of the NATO military alliance said on Wednesday (Jun 10) that the West could not ignore the rise of China and so it was important that the United Kingdom had a review of the role of Huawei in its 5G network to ensure its security. NATO Secretary […]
SEOUL: The sister of North Korean leader Kim Jong Un is taking a leading role in a new, more hard-line pressure campaign against South Korea, highlighting what analysts say is a substantive policy role that goes beyond being her brother’s assistant. Believed to be in her early 30s, Kim Yo […]
HONG KONG: Hong Kong police arrested 53 people during protests on Tuesday (Jun 9) evening that saw hundreds of activists take to the streets, at times blocking roads in the heart of the global financial hub, before police fired pepper spray to disperse crowds. The protests, called to mark a […]
HOUSTON: Houston said farewell to George Floyd in a rousing hometown funeral Tuesday (Jun 9), with poignant tributes and calls for justice for the 46-year-old African American whose death “touched the world” and ignited global protests against police brutality and racism. Politicians, civil rights activists and celebrities joined in sharing […]