BANGKOK : Thai banks will cut lending rates by 25 basis points for vulnerable groups for a period of six months, the country’s Bankers’ Association said on Thursday. The decision came after Prime Minister Srettha Thavisin said this week he had asked Thailand’s four largest lenders to lower interest rates […]
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JAKARTA: A court in Idonesia will today deliver its verdict on two challenges to the outcome of February’s presidential election, after losing candidates petitioned for a re-run and alleged the state had interfered in favour of winner Prabowo Subianto. The two rivals of Defence Minister and former special forces commander […]
GAZA STRIP (Palestinian Territories): Gaza’s civil defence said yesterday dozens of bodies had been found buried at a hospital complex previously raided by Israel, as Prime Minister Benjamin Netanyahu vowed to ramp up military pressure on Hamas. Netanyahu, who threatened action “in the coming days” without elaborating, has repeatedly said […]
HANOI: Vietnam is readying the launch next week of a new stocks trading system that would speed up settlement of transactions, as part of reforms aimed at upgrading the country’s stock market and attracting more foreign investors. The move, if successfully completed, would boost the chances of the South east […]
The battle for supremacy in semiconductor manufacturing in East Asia has always been brutal. From Taiwan to Kumamoto prefecture in Japan, the South Korean city of Pyeongtaek, and Arizona in the United States – a global rush to build new semiconductor manufacturing capacity is underway. They also form what is […]
NEW YORK: More than 2,500 people were killed or injured in gang violence in Haiti from January through March, up 53 per cent from the last three months of 2023, the United Nations Integrated Office in Haiti (BINUH) said yesterday. At least 590 were killed during police operations, BINUH said […]
SAN FRANCISCO: Elon Musk yesterday came out against banning TikTok in the United States, even if it would mean less competition for his social media platform X, formerly Twitter, as the initiative sees fresh bipartisan momentum in Congress. The US House of Representatives is set to vote today on a […]
SINGAPORE: Kayaker Stephenie Chen narrowly missed out on qualifying for the Tokyo Olympics three years ago but the Singaporean was not to be denied on Saturday (Apr 20). The 32-year-old punched her ticket for the Paris Olympics after finishing third in the women’s K1 500m final at the ACC Canoe […]
DUBAI/JERUSALEM: Explosions echoed over an Iranian city on Friday in what sources said was an Israeli attack, but Tehran played down the incident and indicated it had no plans for retaliation – a response that appeared gauged towards averting region-wide war. Iran’s foreign minister said the drones, which the sources […]
Tesla cut the U.S. prices of its Model Y, Model X and Model S vehicles by $2,000 each on Friday, days after the first-quarter deliveries of the world’s most valuable automaker missed market expectations. Elon Musk’s electric-vehicle (EV) maker lowered the prices for its Model Y base variant to $42,990, […]