BANGKOK: Thailand is considering introducing new economic measures to boost consumption and help businesses and debtors cope with the impact of the coronavirus outbreak, a deputy prime minister said on Thursday (Jul 2). The government plans to expand a recently announced package to spur domestic tourism, and to help more […]
Business
KUALA LUMPUR: The United States is seeking to seize another US$96 million in assets allegedly linked to Malaysia’s 1MDB corruption scandal, including Claude Monet and Andy Warhol paintings, officials said. Billions of dollars were looted from Malaysian sovereign wealth fund 1MDB in a fraud allegedly involving the country’s ex-leader and […]
HONG KONG: China’s new security law has sent fear coursing through many Hong Kong residents, but the city’s commercial community has largely embraced it as a way to get back to doing business. The controversial legislation has granted mainland Chinese authorities unprecedented control as they seek to end the protests […]
HONG KONG: Sina Weibo, China’s answer to Twitter, said it has deleted Prime Minister Narendra Modi’s account at the request of the Indian embassy, as tensions between the two countries continue to simmer over a border skirmish. Since posting on Sina Weibo for the first time in 2015 during a […]
WASHINGTON: United States customs officials said on Wednesday (Jul 1) they had seized a shipment of products made from human hair believed to be made by Muslims in labour camps in the country’s western Xinjiang province. They were part of an US$800,000, 11-tonne shipment from Lop County Meixin Hair Product. […]
ISLAMABAD: Pakistan on Wednesday (Jul 1) temporarily blocked the hugely popular online game PlayerUnknown’s Battlegrounds (PUBG) after receiving complaints it was addictive and following media reports linking the brutal, multiplayer shoot ’em up to suicide. The Pakistan Telecommunication Authority said it had received “numerous” complaints from people saying the game […]
An advertiser boycott, “Stop Hate for Profit”, pushed Facebook to take a step forward by labelling rather than deleting some posts, says NTU’s Mark Cenite. SINGAPORE: Facebook announced on Friday (Jun 26) that it will begin labelling posts that break its rules but are newsworthy – even those of President […]
NEW YORK: Investors are increasingly preparing for market volatility ahead of the US presidential election, with some shifting stock positions and selling the dollar, as Democratic contender Joe Biden maintains a lead against President Donald Trump in opinion polls. Plenty can change in the four months before the Nov 3 […]
Adidas is itself no stranger to controversy FRANKFURT AM MAIN: German sportswear makers Adidas and Puma said Tuesday (Jun 30) they would join a growing advertiser boycott over hate speech against Facebook and Instagram in July, following major consumer companies like Levi’s and Coca-Cola. “Puma will join the #StopHateForProfit […]
Britain’s economy shrank by the most since 1979 in early 2020, according to figures on Tuesday that included the first few days of the coronavirus lockdown. LONDON: Britain’s economy shrank by the most since 1979 in early 2020, according to figures on Tuesday that included the first few days of […]