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2024年8月31日2024年8月31日小编

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Indonesia’s aim to gain from global firms’ China decoupling hindered by rigid rules

The likes of Vietnam and Malaysia have raced ahead of Indonesia to benefit from these firms’ ‘China plus one’ strategy, analysts say.

A week after apology, Malaysian ex-PM Najib fails to end 5-year trial over 1MDB scandal

Court orders former leader to enter a defence over allegations that he took more than US$500 million in bribes linked to state fund 1MDB.

Facebook parent Meta attacks Malaysia’s social media licensing plan

A Meta official on Wednesday called the timeline to apply for a licence ‘exceptionally accelerated’, saying the plan lacked clarity.

Japan’s LGBTQ community racks up seventh legal win in same-sex marriage push

Wednesday’s court ruling is the seventh overall that found Japan’s ongoing ban on same-sex marriage to be unconstitutional, or nearly so.

India’s Indo-Pacific strategy gets EU, Asean defence boost to counter China’s influence

Analysts say enhancing defence ties and goodwill naval visits are ‘significant steps’ in helping India boost visibility in the region.

Standard Chartered lifts income guidance again after beating third-quarter profit forecasts

The lender, which derives most of its revenue from Asia, saw pre-tax profit jump of 37% from the $1.32 billion posted a year ago.

Malaysia’s foreign minister claps back at Tucker Carlson over Kamala Harris jibe

The ex-Fox News talk show host described Harris as a ‘Samoan-Malaysian low-IQ former California prosecutor’ in disparaging remarks on Sunday.

China declares success as its youngest astronauts reach space

The BBC’s Laura Bicker sees the Shenzhou 19 spacecraft take off in a record year of space exploration.

Malaysians decry Halloween overshadowing Diwali in date clash of festivals

Halloween’s rising popularity in Malaysia has sparked calls on local businesses to prioritise local festivities over imported celebrations.

China's property market is expected to stabilize in 2025 — but stay subdued for years

China's struggling real estate sector may not start turning around until the second half of next year, even with the latest stimulus measures, analysts predict.

Smartphone makers dabble in EVs, Australia wants more Chinese green tech: 7 EV reads

From companies like Huawei and Xiaomi venturing into the EV market to Tesla facing delays in China, here are seven EV stories you may have missed.

Police recover more than 40,000 stolen Bluey coins

Sixty-three thousand of the limited edition coins were reported stolen in July.

Indonesia’s Brics bid raises questions about Asean’s future under Prabowo

Doubts swirl about Asean’s significance for President Prabowo as Indonesia pursues Brics membership – a move his predecessor had ruled out.

Myanmar ‘risks becoming a forgotten crisis’, UN envoy warns

Criminal networks operating from Myanmar have spiralled ‘out of control’ with 3.4 million people displaced by fighting, special envoy says.

Top India minister authorised plots to target Sikh separatists in Canada, official alleges

Canada’s deputy foreign minister told a US-based newspaper that India’s Amit Shah was behind alleged campaign on Canadian soil.

Australia to boost missile stockpiles, citing China’s ICBM test

The Indo-Pacific region is on the cusp of a new missile age, Australia’s defence industry minister said, vowing more domestic production.

Impeaching Sara Duterte: are the walls closing in on the Philippine vice-president?

Facing allegations of corruption and betrayal of public trust, the Philippine vice-president is striking back at her accusers.

Vietnam’s ‘sweet spot’ strategy balances Brics engagement with Western ties

As a Brics partner, Vietnam’s choice of alignment showcases the bloc’s growing influence – while avoiding the pitfalls of full membership.

HSBC announces fresh $3 billion share buyback as third-quarter earnings beat expectations

Pre-tax profit came in at $8.5 billion, a 10% rise from the $7.7 billion posted a year ago.

ByteDance founder tops China's rich list for the first time, beating Tencent and Nongfu heads

ByteDance founder Zhang Yiming is now China's richest for the first time, according to Hurun Research Institute's China Rich List.

Kenya is launching a digital nomad visa: Find out if you qualify and how to apply

Kenya President William Ruto announced the Digital Nomad Work Permit on October 2.

India’s gold sales dip amid uncertain US election and record-high prices during Diwali season

While gold is often seen as a safe haven, traders are hesitant to purchase due to the potential for price fluctuations after the US election.

Malaysia’s Anwar climbs down on subsidy cuts as many ‘uber wealthy’ just making ends meet

PM says income threshold for subsidy cuts to be revised after criticism that his budget punished those earning less than US$3,000 a month.

China sharpens edge in global trade with zero-tariff deal for developing world

With all tariffs for ‘least developed countries’ scheduled to be removed, China is positioning itself as a trade leader for the Global South.

Hongkong Land seeks US$10 billion from asset sales as Jardine eyes ‘ultra-premium’ market

Strategic pivot aims to ‘ultimately’ double its profit before interest and tax and grow its assets under management to US$100 billion by 2035.

Modern energy sources power Japan’s plan for a greener lower-carbon future

Cleaner options used to generate electricity as Tokyo landmarks embrace efficiency as part of nation’s sustainability efforts.

South China Sea: can the Philippines emulate China-India border deal to defuse tensions?

Senator Imee Marcos said Beijing and New Delhi’s border pact proves dialogue can work, but analysts say Manila lacks the same leverage.

Australian PM accused of seeking upgrades from Qantas boss

Albanese has said he followed the rules and was "completely transparent" with all disclosures.

Mother’s car ploughs through school fence in Australia, killing 1

The 40-year-old mother was making a U-turn when she crashed through a fence and into an outdoor table where five children were seated.

Is Indonesia’s ‘big brother’ role in South China Sea dispute a model for the Philippines?

Analysts at a forum urged Manila to strengthen ties with Jakarta to leverage Indonesia’s regional leadership and economic power against China’s claims.

Trump winning would slow global growth, Singapore’s state-owned investor warns

Donald Trump regaining the White House is likely to weigh on emerging markets and create uncertainty, says Temasek’s chief investment officer.

Japan’s Mount Fuji stays snowcap-free for longer than ever before

No snowfall has yet been observed on Japan’s highest mountain – the latest date since comparative data became available in 1894.

Philippines' Duterte admits to drug war 'death squad'

The former president says he offers "no apologies, no excuses" for his anti-crime campaign.

Bangladesh plans to turn Sheikh Hasina’s old palace into a revolution museum

The museum will include a replica of the ‘House of Mirrors’ detention centre where the ex-leader’s regime tortured secret prisoners.

South Korea’s rumoured Ukraine deployment draws domestic backlash

Seoul is reportedly considering sending military observers to Ukraine to assist in interrogating North Korean prisoners of war.

Who is Lawrence Bishnoi? How a notorious crime boss got caught up in Canada-India dispute

Canada says Bishnoi coordinated with Indian officials to target dissidents overseas, specifically Sikh activists living in North America.

He left Indonesia seeking a better life in the UK. All he found was debt and despair

‘Budi’ is bringing a case against the UK Home Office, claiming his seasonal worker experience made him a victim of human trafficking.

Is Jay Fai retiring? Bangkok’s Michelin-star street-food legend hints at plans to stop

Thai street-food cook Jay Fai, who was awarded a Michelin star in 2018, may be hanging up her signature ski googles as soon as next year.

Singapore jails man who created deepfake porn of wife’s niece

The court heard that the man ‘became curious’ about what his wife’s niece did in the toilet, ‘out of frustration’.

Brics is not anti-West, it just wants a fairer world order

In championing economic inclusivity and strategic autonomy, pioneering financial innovation and promoting peace, Brics is a force for good.

Why female entrepreneurs are key to getting more women to work

A study highlights how promoting female entrepreneurship can greatly enhance women's workforce participation.

Russian troops’ frustrations at North Korean fighters caught on intercepted communications

Russian soldiers can be heard using expletives and calling the North Koreans ‘Chinese’ in the audio clips released by Ukrainian intelligence.

‘The dynamics are different’: Singapore and Malaysia aim to finally crack economic integration with Johor special zone

The number of Singaporeans visiting or relocating to Johor could increase in coming years when a rail link between Singapore and Johor Bahru is completed.

Can Vietnam’s new president check the power of its party chief?

Foreign investors and diplomats might soon start looking back with nostalgia on the days of dispute within Vietnam’s Communist Party.

Smuggler selling ‘fast track’ Channel crossing speaks to BBC undercover reporter

More migrants from Vietnam than any other nation are taking small boats to the UK.

Ex-Philippine president Duterte’s ‘I had a death squad’ admission stuns senators

Rodrigo Duterte admitted that he also ordered the police to ‘encourage’ arrested suspects into fighting back so that they could be killed.

Chinese police target Halloween revellers in Shanghai

Witnesses say police dispersed crowds of partygoers, while photos of arrests have circulated online.

Indian ‘spy network’ operates in US and Canada, Sikh separatist claims

Activist Gurpatwant Singh Pannun accused India of silencing dissidents abroad, but did not elaborate on his claims of an alleged spy network.

Malaysians bemused by plan to relaunch national service after 6-year hiatus

Previous iteration of national service was scrapped in 2018 over claims of vastly inflated spending and serious safety lapses.

Anti-Prabowo banner in Indonesian university causes suspension, fuelling censorship fears

The university later reversed its decision to suspend three students amid public outrage over its move to stifle freedom of expression.

Malaysia PM Anwar Ibrahim responds to Najib Razak’s 1MDB apology

The 71-year-old Najib apologised last week for mishandling the scandal that saw US$4.5 billion stolen from state coffers during his time in office.

Why the Japanese yen is hovering near three-month lows against the dollar

The yen hit a low of 153.18 against the greenback, its weakest since July 31.

Worry over toxic Delhi air as pollution worsens

Pollution levels in the Indian capital have reached 20-25 times more than the WHO's recommended safe limit.

India unveils its first private military aircraft manufacturing hub

The Tata Aircraft Complex will produce Airbus C-295 military transport aircraft for the Indian Air Force in collaboration with Airbus Spain.

Chinese flag dispute in Malaysia sparks nationalist backlash, escalating tensions

Chinese flags waved at a festival in Perak state prompted a nationalist counter rally and rekindled concerns over foreign influence.

Japan's Shigeru Ishiba suggests he intends to stay on as PM after ruling coalition loses majority

It is the first time since 2009 that the Liberal Democratic Party has lost its parliamentary majority.

Japan's ruling party loses its majority in blow to new PM

The prime minister announced a snap election despite voter apathy and low approval ratings.

Japan's central bank to remain undeterred on rate hikes despite LDP's electoral shock, analysts say

Roughly 86% of economists polled by Reuters expect the central bank to leave its rates unchanged when it announces its decision Thursday.

Japan election: what’s next for Ishiba and the LDP after polls drubbing?

Analysts are divided on whether Shigeru Ishiba will still be prime minister and LDP leader ahead of the upper house elections next year.

Vietnam waits for major upgrade to its $200 billion stock market

Vietnam's chip capabilities have it competing against near neighbor Malaysia, attracting global semiconductor firms.

Smuggler reveals operation to help Vietnamese reach UK

Man claims to the BBC that he has helped 1,000 people cross the Channel in his years working in the smuggling industry.

Olympus shares drop over 5% after CEO resigns over drug allegation

The stock slid 5.3% on the Tokyo Stock Exchange following news of Stefan Kaufmann's resignation.

North Korea tracks crashed propaganda drone to remote South Korean border island

A state media graphic showed a flight route of the drone crossing the sea west of the Korean peninsula before crash landing in Pyongyang.

Japan’s politics gets a rare dose of upheaval after snap election

PM Shigeru Ishiba took a political gamble - and it backfired, leaving him and his party weakened.

In India, ‘suffocating’ haze and pollution grip New Delhi and other cities

Winter smog has been a recurring problem in India’s capital city.

How US election may affect Singapore, Chinese rice wine: 5 weekend reads you missed

From Singapore trying to navigate US-China rivalry to the bittersweet side of rice wine at weddings, here are five stories you may have missed over the weekend.

Major airlines are cutting services to China or quitting entirely amid low travel demand, high costs

A new report from travel news site Skift shows that seven major airlines have retreated from the country in the past four months.

China's industrial profits plunge at fastest pace since the pandemic

The country's industrial profits declined 27.1% year-on-year in September.

North Korean defectors seek Ukraine deployment to wage psychological war on ex-comrades

The band of nearly 200 ex-soldiers aim to leverage their insider knowledge to turn the psychological tide against their former compatriots.

Australia’s PM flies into storm of controversy over free Qantas flight upgrades

A new book reveals Prime Minister Anthony Albanese’s cosy ties to Australia’s flag carrier, raising questions about conflicts of interest.

India states' plans to punish spitting in food spark controversy

Opposition leaders and legal experts say laws could be used to vilify specific communities.

What’s next for US-Philippines relations with Harris or Trump in charge?

The contrasting visions of Harris and Trump could either fortify the US-Philippine alliance or leave Manila vulnerable to regional pressures.

Japan’s ruling coalition loses majority, election outcome in balance

The LDP, which has ruled Japan for almost all of its post-war history, and junior coalition partner Komeito won just 215 seats.

Removal of Chinese tariffs sees imports of Australian wine surge

Australia’s share of China’s imported wine market plunged to 0.06 per cent last year from 37 per cent in 2019.

As Brics leads Global South in open engagement, US has much to learn

As US-China rivalry hinders our ability to deal with crises, Brics is using open engagement to help create a more equitable international order.

Indian man dies in Channel crossing attempt

French authorities say the man died when a dinghy sank shortly after departing the coast.

A puff on a joint - then six months of forced rehab in a concrete cell

A young woman buys cannabis for friends - and finds herself facing up to 20 years in prison.

Time has come for reparations dialogue, Commonwealth heads agree

The UK had previously insisted the subject was not on the agenda at the leaders' summit in Samoa.

South and North Korea troops potentially entering Ukraine war unlikely to stoke regional conflict, analysts say

The U.S. has confirmed that North Korean troops have been sent to Russia, with Ukraine President Zelenskyy pegging the North Korean troop count at 12,000.

Malaysia must avoid 'boom-bust' cycles to finally claim Asian Tiger status, central bank governor says

Governor of Malaysian Central Bank has high hopes that 'Asian Tiger' status is near

China's steel exports expected to falter in 2025 as pain from tariffs spread

Steel producers in China face a double-whammy of mounting overseas tariffs and weakened domestic demand at home.

China schedules meeting expected to reveal fiscal stimulus details

Investors have been awaiting the gathering of the standing committee of the National People's Congress, watchful for details on any fiscal stimulus.

As the West watches Xi-Putin meetings, China touts crackdown on military goods to Russia

Beijing has walked a diplomatic tightrope throughout the Russia-Ukraine war.

CNBC's Inside India newsletter: Why did India's biggest market listing this year falter on its debut?

Some cite the IPO's key elements as factors in its faltering stock market debut. Others say sitting on the sidelines means losing out on long-term gains.

India's balancing act with the West as Brics flexes new muscles

Brics enables India to work with some of its closest friends and espouses principles close to Delhi's heart.

Lost Silk Road cities discovered in Uzbek mountains

The discoveries of these high-altitude medieval cities challenge long-held assumptions of the trade network.

This luxury train ride around the world lasts 59 days, visits 12 countries and costs over $125,000

2025 will be the second time high-end travel agent Railbookers will be hosting its "around the world by luxury train" trip.

Nvidia supplier SK Hynix posts record quarterly profit as AI boom drives demand

Revenue for the third quarter grew about 94% year-on-year.

Top 10 trending destinations for U.S. travelers 2025: Americans want to 'rest, recharge and discover new ways to connect,' expert says

SkyScanner ranked the places based on destinations seeing increase in flight searches between January and June 2024.

Tokyo Metro shares surge 45% on debut after Japan's largest IPO in six years

The IPO offered 2.32 billion shares for a price of 1,200 yen apiece, valuing the offering at 348.6 billion yen ($2.3 billion)

Hyundai Motor India's shares drop 7% on trading debut after record IPO

Hyundai Motor India shares fell 7% on their trading debut Tuesday after a record $3.3 billion initial public offering.

China and Russia's 'profound' ties will not change despite 'turbulent' geopolitical landscape, Xi tells Putin

Putin called the partnership "one of the main stabilizing factors in the international arena."

'On vacation every single day': I left the U.S. to live in Vietnam and only need to work 15 hours a week

Kavi Vu, 33, moved to Ho Chi Minh City, Vietnam in August 2023. Today, she lives on about $1,500 a month, according to documents reviewed.

HSBC embarks on major restructuring, names first female CFO

HSBC has unveiled a major overhaul, announcing a new geographic setup, consolidated operations and a new CFO — the lender's first female finance chief.

Rosé and Bruno Mars' chart-topping track APT drives shares of media firm YG Plus to seven-month high

The track reached the top of Spotify's Top 50 Global playlist.

China tightens export controls for tech and goods with military use, ahead of Xi's trip to Russia

China unveiled a set of regulations on export control of goods and technologies that could be used for military purposes.

China reports better-than-expected retail sales and industrial production data

The data comes after a flurry of recent announcements from authorities as Beijing seeks to boost consumption and support its flagging real estate sector.

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