Leaders of Southeast Asian nations and the U.S. have agreed to establish a comprehensive strategic partnership when meeting in Washington. Receiving leaders of the Association of Southeast Asian Nations (ASEAN) members at the White House, U.S. President Joe Biden said the event is a great opportunity for the U.S. and …
Read More »Twitter CEO says two leaders to depart, hiring paused amid Musk takeover
Two senior Twitter leaders who oversee the consumer and revenue divisions will depart the social media company, CEO Parag Agrawal told employees in a memo on Thursday. It’s one of the biggest shake-ups at the company since billionaire Elon Musk announced he would buy it for $44 billion. Agrawal also …
Read More »Beijing works from home, Shanghai says victory against Covid getting closer
Streets in China’s capital Beijing were quiet on Friday as residents heeded the advice of authorities to work from home to stop the spread of Covid-19. Meanwhile, officials in locked-down Shanghai said they aimed to defeat the virus this month. Beijing officials late on Thursday denied rumours of sweeping, Shanghai-style …
Read More »PM Chinh, President Biden agree on respecting nations’ independence, sovereignty
U.S. President Joe Biden said he agrees with Prime Minister Pham Minh Chinh on respecting nations’ independence and sovereignty during a Friday meeting. Chinh met with Biden at the White House in Washington D.C. Thursday night as part of his visit for the U.S.-ASEAN Summit. Biden said he’s always had …
Read More »Vietnam PM seeks US-ASEAN cooperation in ensuring East Sea security
The U.S. and Southeast Asian nations should collaborate to ensure peace, stability, security and freedom of navigation in the East Sea, the Vietnam PM said. Prime Minister Pham Minh Chinh made the proposal when joining other leaders of the Association of Southeast Asian Nations (ASEAN) members at a working lunch …
Read More »Uber hit with trademark lawsuit over new travel services
A California company sued Uber Inc in federal court for violating its trademark rights with new “Uber Travel” application and services that would unfairly compete with its real estate business. UberRE Inc’s lawsuit said it bought an “Über” trademark for real-estate services in 2017 and uses the name on software …
Read More »N. Korea reports first Covid-19 death as fever ‘explosively spreads’
At least one person confirmed to have Covid-19 has died in North Korea and hundreds of thousands have shown fever symptoms, state media said on Friday. The data represents an unprecedented admission of an “explosive” outbreak in a country that had previously reported no confirmed cases since the pandemic began …
Read More »Crypto collapse intensifies as stablecoin Tether slides below dollar peg
The meltdown in TerraUSD, one of the world’s largest stablecoins, rippled through cryptocurrency markets Thursday, pushing another major stablecoin Tether below its dollar peg and sending bitcoin to 16-month lows Cryptocurrencies have been swept up in a sell-off in risk assets, which has picked up steam this week as data …
Read More »Wildfires threaten New Mexico resorts, burn California mansions
Wildfires edged towards mountain resort towns in northern New Mexico on Thursday and engulfed an enclave of multi-million-dollar mansions in southern California. Residents of around 900 houses were under evacuation in coastal California and one firefighter was injured when a wildfire fire torched about 200 acres (81 hectares) in Laguna …
Read More »HCMC proposes new industrial complex at Mekong Delta border
HCMC wants to build a new 688-hectare industrial complex in Binh Chanh District bordering the Mekong Delta to attract hitech investments. The Ho Chi Minh City People’s Committee has proposed to the Ministry of Planning and Investment that the Pham Van Hai Industrial Complex be included in the city’s plans …
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