Spending on local tourism rose during China’s Golden Week holiday that ends on Friday, according to data from China’s largest online travel agency Ctrip, even as clusters of lockdowns continue across the country. Per capita tourism spending in local areas increased by 30 per cent on-year during the Golden Week …
Read More »US stages carrier drills, announces new sanctions, after N.Korea launches
The United States and South Korea held joint maritime exercises involving a U.S. aircraft carrier on Friday, a day after Seoul scrambled fighter jets in reaction to an apparent North Korean bombing drill. The United States also announced new sanctions on Friday in response to North Korea’s latest missile launches …
Read More »Job growth in US strong in September as labor market forges ahead
U.S. job growth slowed moderately in September while the unemployment rate dropped to 3.5%, pointing to a tight labor market which keeps the Federal Reserve on its aggressive monetary policy tightening campaign for a while. Though the decline in the jobless rate from 3.7% in August was partly because of …
Read More »US aims to hobble China’s chip industry with sweeping new export rules
The Biden administration on Friday published a sweeping set of export controls, including a measure to cut China off from certain semiconductor chips made anywhere in the world with U.S. tools, vastly expanding its reach in its bid to slow Beijing’s technological and military advances. The rules, some of which …
Read More »Former policemen investigated in Binh Duong deadly karaoke bar fire
Two firefighting police officers are being investigated for their responsibilities in a fire killing 32 at a karaoke parlor in the southern Binh Duong Province. Police in the province announced Friday to probe into Nguyen Duy Linh, former lieutenant colonel and former captain of Thuan An Town’s Fire Prevention and …
Read More »Hanoi man killed by lesser banded hornet
A 53-year-old Hanoi man has died of anaphylactic shock after being stung by a lesser banded hornet. Dr. Nguyen Thi Canh at the general hospital of Thach That District said Friday the man was stung after poking a beehive. He passed out after that and entered a coma. He was …
Read More »HCMC teenagers set car on fire for $209
Two teenagers in Ho Chi Minh City were arrested on Friday after setting a car on fire for VND5 million ($209.38). Ngo Tan Dat and Nguyen Thanh Long, both 17, were arrested by HCMC police for deliberate destruction of property. Police are also searching for another person, who supposedly hired …
Read More »Nobel Peace Prize 2022: Ales Byalyatski, Russia’s Memorial and Ukraine’s Center for Civil Liberties win
Belarusian human rights activist Ales Byalyatski, Russian human rights organisation Memorial and Ukrainian human rights organisation Center for Civil Liberties won the 2022 Nobel Peace Prize on Friday. “The Peace Prize laureates represent civil society in their home countries. They have for many years promoted the right to criticise power …
Read More »Samsung’s earnings slump on rapid drop-off in chip demand
Samsung Electronics Co Ltd flagged a worse-than-expected 32% drop in quarterly operating earnings on Friday, as an economic downturn slashed demand for electronic devices and the memory chips that go in them. Samsung’s memory chip shipments likely came in below already downgraded expectations and prices could fall further this quarter, …
Read More »Hanoi begins $55-mln infrastructure project for better metro line accessibility
Hanoi People’s Committee on Friday began construction of a $55-million project providing better accessibility to the Nhon-Hanoi Station metro line. The infrastructure improvement project is part of a bigger scheme for the sustainable enhancement of urban transport along the Nhon-Hanoi Station metro line, whose main investor is the Transportation Works …
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