PHNOM PENH (AFP) – Cambodian Prime Minister Hun Sen on Sunday (Aug 7) cancelled a controversial satellite-city development around a wildlife sanctuary and zoo near …
Over 80,000 tourists trapped in Chinese resort city after Covid-19 outbreak
BEIJING (AFP) – Over 80,000 tourists are stranded in a resort city popularly known as “China’s Hawaii” after a Covid-19 flare-up led authorities to impose …
Australia’s nuclear-powered submarine plan criticised over risk of arms race
SYDNEY – Australia’s plan to acquire nuclear-powered submarines is encountering growing opposition – especially from countries in Asia – over concerns that this would increase …
Thai nightclub owner detained in connection with fire
BANGKOK (AFP) – Thai police have detained the owner of a nightclub in connection with a fire at the venue that killed 15 people, officers …
Taiwan says flights through its airspace resuming after Chinese military drills end
TAIPEI (REUTERS) – Taiwan on Sunday (Aug 7) said flights through its airspace had gradually resumed from about noon as most notifications for Chinese military drills …
Chinese, Taiwanese warships play ‘cat and mouse’ as military drills set to end
TAIPEI (REUTERS) – Chinese and Taiwanese warships played high-seas “cat and mouse” on Sunday (Aug 7), hours before the scheduled end of four days of …
US warns Pacific isles of ‘struggle’ against coercive regimes
HONIARA (AFP) – A top US diplomat warned Pacific islands of a new struggle against violent power-hungry regimes on Sunday (Aug 7), as she visited …
China shortens suspensions for international flights linked to Covid-19 cases
BEIJING (REUTERS) – China has shortened the suspension time for inbound international flights on routes found to have Covid-19 cases starting from Sunday (Aug 7). …
Bomb blast in Kabul kills eight, injures more than 20
KABUL (REUTERS) – A bomb blast in a busy shopping street in Afghanistan’s capital Kabul on Saturday (Aug 6) killed at least eight people and …
Me & My Money: Diversifying wealth through insurance
SINGAPORE – Insurance is not the most exciting investment product around but industry veteran Raymond Ong regards it as a highly versatile tool that can …
Smart way to keep your lifestyle after retirement
A: For anyone planning their retirement, CPF Life will have to be the foundation block of their planning as it will contribute the bulk of …
Being selective key to passive income amid high inflation
With inflation at multi-year highs, investors are on the hunt for regular streams of passive income to supplement their take-home pay. The most common choices …
Citigroup plans to hire 500 over 3 years for new wealth division
(BLOOMBERG) – Citigroup Inc is planning a 500- person hiring spree over the next three years for a new wealth division catering to junior employees …
The crypto market crashed, but they are still buying Bitcoin
(NYTIMES) – Cory Klippsten started issuing warnings about the cryptocurrency market in March. The digital coin Luna, Mr Klippsten tweeted, was a scam, run by …
How geopolitics affect decisions on investment
There is no shortage of geopolitical concerns for investors these days, from Ukraine to Taiwan, inflation and plenty besides, but investors need to carefully weigh …
Are digital currency initiatives a potential game changer in the evolution of money?
A tap of your credit or debit card at the train gantry. A hover of your smartphone over the payment terminal. Just a few taps …
Gwanghwamun Square in central Seoul reopens to public after renovation
SEOUL (KOREA HERALD/ASIA NEWS NETWORK) – Gwanghwamun Square, a major landmark in South Korean capital Seoul’s city centre, opened to the public Saturday (Aug 6) …
Malaysia foreign minister says its envoy’s criticism of Pelosi isn’t official position
KUALA LUMPUR – Malaysia’s Foreign Minister Saifuddin Abdullah said on Saturday (Aug 6) that criticism by its envoy to China against US House of Representatives …
Indonesian ex-minister held over post of president Jokowi’s face on Buddhist statue
JAKARTA (AFP) – Indonesian police have arrested a former minister on charges of hate speech and blasphemy after he posted pictures of President Joko Widodo’s …
Record Bangladesh fuel hike triggers huge queues, protests
DHAKA (AFP, BLOOMBERG) – Thousands of Bangladeshis besieged petrol stations across the country after the government raised prices by as much as 52 per cent, …