Singapore struggles to revive ailing stock market amid pessimism
Singapore has launched a major initiative to breathe new life into its faltering stock market, but insiders at the exchange operator and market participants express deep skepticism about the chances…
China launches stimulus blitz to hit 5 per cent growth target
In a significant move to bolster its struggling economy, China's central bank has unveiled a sweeping set of policy measures aimed at achieving the country's annual growth target of about…
Thailand to allow same-sex marriage from January: Landmark bill signed by King
Thailand has made history by becoming the first country in Southeast Asia to legalize same-sex marriage, following the royal endorsement of the Marriage Equality Bill. The landmark legislation, published in…
Citigroup faces delays in China expansion amid US regulatory hurdles
Citigroup's ambitions to expand its securities business in China have hit a snag due to regulatory penalties imposed by the US Federal Reserve, reports Bloomberg. The bank is facing delays…
Sri Lanka’s new leftist President wants to dissolve parliament, renegotiate with IMF
Sri Lankans elected leftist politician Anura Kumara Dissanayake as the new president in the debt-ridden country’s first election since its economy collapsed in 2022. The 55-year-old defeated his nearest rival,…
Sri Lanka’s new president dissolves parliament to pave way for Nov 14 polls
Sri Lanka's newly elected President Anura Kumara Dissanayake has taken a bold step by dissolving the nation's parliament and calling for early elections, a move he frames as crucial for…
China launches intercontinental ballistic missile in Pacific: First known test in 44 years
The People’s Liberation Army (PLA) conducted its first known intercontinental ballistic missile (ICBM) test in 44 years on Wednesday morning, launching a missile into the Pacific Ocean, according to a…
China’s decision to raise retirement age makes workers unhappy
China's decision to raise the retirement age has triggered widespread dissatisfaction among workers, although major protests haven't yet materialized, reports the South China Morning Post. The move, effective from January…
Pressure to raise tariffs on Chinese exports spreads beyond the West
China's export growth faces increasing risks as pressure to raise import tariffs spreads beyond advanced economies to less-developed ones due to escalating trade tensions and concerns about excess capacity, according…
Cold War pales in comparison to challenges posed by China, says US official
US Deputy Secretary of State Kurt Campbell stated that the challenges China poses to the US surpass those of the Cold War. He highlighted China's support for Russia's defence industry…