The dollar was firm on Monday as economic resilience in the United States raised market expectations for further rate hikes by the Federal Reserve, while news that a debt ceiling deal had been finalised sparked some risk-on sentiment. The greenback notched a fresh six-month high of 140.91 yen in early …
Read More »Singapore’s Temasek cuts compensation for staff responsible for FTX investment
Singapore state investor Temasek Holdings (TEM.UL) said on Monday it had cut compensation for the team that recommended its investment in the now-bankrupt FTX cryptocurrency exchange, as well as for its senior management team. The move comes around six months after Temasek initiated an internal review of its investment in …
Read More »Biden says final US debt ceiling deal ready to move to Congress for vote
U.S. President Joe Biden on Sunday finalized a budget agreement with House Speaker Kevin McCarthy to suspend the $31.4 trillion debt ceiling until Jan. 1, 2025, and said the deal was ready to move to Congress for a vote. “This is a deal that’s good news for … the American …
Read More »Three siblings drown in Mekong Delta river
Three children drowned on Sunday after bathing in a river in the Mekong Delta province of Dong Thap. At around 1:30 p.m. Ngo Nguyen Ngoc Huong, 13, and her two sisters aged seven and nine went to the Ba Du River in Cao Lanh District. When they did not return …
Read More »Asiana stops selling some emergency exit seats after plane door incident
South Korea’s Asiana Airlines has stopped selling some emergency exit seats following an incident in which a passenger opened an aircraft door mid-air, the carrier said on Sunday. A court in Daegu later on Sunday issued an arrest warrant for the man, surnamed Lee, for allegedly breaking aviation security laws, …
Read More »Strong heat to return to northern, central Vietnam next week
The summer heat is forecast to return to northern and central Vietnam starting Monday, driving temperatures up to 38 degrees Celsius. Northern Vietnam regions have been enjoying a mild reprieve from scorching heat over the past week thanks to the impacts of cold air, which brought downpours. But starting Monday, …
Read More »Taipei restaurant dishes up giant isopod noodles for adventurous patrons
A 14-legged giant isopod is the highlight of a new dish at a ramen restaurant in Taipei and it has people queuing up – both for pictures and for a bite from this bowl of noodles. Since the ‘The Ramen Boy’ launched the limited-edition noodle bowl on May 22, declaring …
Read More »Vietnam among top countries with illegal Internet exploitation: official
Vietnam is among the top countries worldwide in which the Internet is exploited for illegal purposes, a top information official said Saturday. At a conference on multichannel networks in Ho Chi Minh City, Nguyen Thanh Lam, Deputy Minister of Information and Communications, said that “for every 100 coins made from …
Read More »China’s first homegrown passenger jet makes maiden commercial flight
China’s first domestically produced passenger jet took off on its maiden commercial flight on Sunday, a milestone event in the nation’s decades-long effort to compete with Western rivals in the air. Beijing hopes the C919 commercial jetliner will challenge foreign models like the Boeing 737 MAX and the Airbus A320, …
Read More »Modi set to inaugurate grand new Indian parliament
Indian Prime Minister Narendra Modi was set to inaugurate a grand new parliament building Sunday, a major part of his Hindu nationalist government’s remodeling of New Delhi, but opposition parties have said they will boycott the event. “Our new Parliament is truly a beacon of our democracy. It reflects the …
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