The director of the National Load Dispatch Center was suspended starting Wednesday pending an investigation regarding widespread power outages in northern Vietnam. Director Nguyen Duc Ninh was suspended per a decision signed by general director of Vietnam Electricity (EVN) Tran Dinh Nhan. The National Load Dispatch Center is the operating …
Read More »Malaysia seeks Interpol help to track US comedian over MH370 joke
Malaysian police said they asked Interpol on Wednesday to help track down a U.S. comedian after her joke about the disappearance of Malaysia Airlines flight MH370 sparked fury and even an apology from Singapore. Jocelyn Chia told the joke during a set at the Comedy Cellar in New York City, …
Read More »Vietnam eyes stronger partnership with Canada in renewable energy development
Ambassador Dang Hoang Giang said Vietnam wants to step up cooperation with Canada in various fields as he received Canadian Ambassador for Climate Change Catherine Stewart in New York on Wednesday. Giang, Permanent Representative of Vietnam to the United Nations, thanked for the support of Canada – one of the …
Read More »Drying river causes Hanoi water company to install emergency pumps
A Hanoi utility that provides water to over a million people has installed pumps in the shrinking Da River to maintain supply. The Song Da Water Investment company (Viwasupco) provides around 300,000 m3 of water a day to people living in 10 southwestern districts. It has also had to use …
Read More »Vietnam all set to classify Covid as common disease
The Ministry of Health is wrapping up the process of designing Covid-19 as a common infectious disease. Deputy Minister of Health Nguyen Thi Lien Huong said at a meeting Wednesday that the respiratory disease caused by the novel coronavirus is being removed from group A, a list of dangerous infectious …
Read More »$42M road unable to pass through titanium mine, construction stopped
Work on a VND1 trillion (US$42.5 million) coastal road in the central Binh Thuan Province has ground to a halt after coming up against a titanium mine. Construction of the 25-km Road 719B between Phan Thiet and Ke Ga stopped in early June, with few vehicles and workers now seen …
Read More »Indonesia court rejects ballot system change before election
Indonesia’s constitutional court on Thursday shot down a proposed change to the country’s electoral system that rights advocates had decried as an attack on democracy, ahead of a vote next year. The legal challenge stoked fears of a return to Indonesia’s autocratic past and a potential delay to February’s presidential …
Read More »Tesla shares finally snap record 13-day win streak that added $200B in value
Tesla’s record 13-day streak of gains finally came to an end on Wednesday, as the stock closed down just a smidgen after a stretch that saw the U.S. automaker add more than $200 billion to its value. During the streak, Tesla shares rose by more than 40%, boosting its market …
Read More »Health insurers slammed after UnitedHealth says more surgeries driving up costs
Health insurer stocks dropped sharply on Wednesday after UnitedHealth Group said its costs were on the rise due to an increase in surgeries among older adults. Shares of UnitedHealth, the largest U.S. healthcare provider by market value, closed down 6.4% at $459.86, wiping out roughly $29 billion from the industry …
Read More »New Zealand dips into recession, putting rate hikes in doubt
New Zealand slipped into recession as the economy shrank in the first quarter, reducing the risk the central bank would need to hike interest rates further but creating a new headwind for the government’s re-election hopes. Gross domestic product (GDP) matched analysts’ expectations of a 0.1% contraction in the March …
Read More »