A man in northern Vietnam’s Ha Nam Province has been detained after allegedly strangling and stashing a 3-year-old boy inside a freezer. Nguyen Truong Giang, 25, was detained by Ha Nam police Sunday for behavior that may constitute a murder charge. Giang said that at 3:20 p.m. on Saturday, a …
Read More »Philippines in talks to buy US helicopters after dropping Russia deal
The Philippines is looking to buy heavy-lift Chinook helicopters from the United States, after scrapping a deal with Russia worth 12.7 billion pesos ($227.35 million) in order to avoid sanctions, Manila’s ambassador to Washington said on Monday. In June, days before President Rodrigo Duterte ended his six-year term, the Philippines …
Read More »Wall Street revives Russian bond trading after US go-ahead
Several major Wall Street banks have begun offering to facilitate trades in Russian debt in recent days, according to bank documents seen by Reuters, giving investors another chance to dispose of assets widely seen in the West as toxic. Most U.S. and European banks had pulled back from the market …
Read More »Former soldier faces murder charge for strangling, stashing boy inside freezer
A former soldier in northern Vietnam’s Ha Nam Province has been detained after allegedly strangling and stashing a 3-year-old boy inside a freezer. Nguyen Truong Giang, 25, was detained by Ha Nam police Sunday for behavior that may constitute a murder charge. Giang said that at 3:20 p.m. on Saturday, …
Read More »Dioxin cleanup underway at US-built airport in central Vietnam
The defense ministry’s Chemical Command is cleaning up A So airport in Thua Thien Hue Province of dioxin contamination left from the Vietnam War. Situated in A Luoi District, 100 km from the town of Hue, the country’s imperial capital, the airport was built by the U.S. in the 1960s. …
Read More »China unexpectedly cuts 2 key rates, withdraws cash from banking system
China’s central bank unexpectedly cut a key interest rate for the second time this year and withdrew some cash from the banking system on Monday, to try to revive credit demand to support the Covid-hit economy. Economists and analysts said they believe Chinese authorities are keen to support the sluggish …
Read More »Oil prices ease as Aramco says ready to boost crude output
Oil prices dropped for a second session on Monday after the head of the world’s top exporter, Saudi Aramco, said it is ready to ramp up output while production at several offshore U.S. Gulf of Mexico platforms is resuming after a brief outage last week. Brent crude futures fell 27 …
Read More »Japan’s GDP expands in Q2 after Covid curbs lifted
Japan’s economy expanded in the three months to June, official data showed Monday, after the government lifted Covid-19 curbs on businesses. The world’s third-largest economy grew 0.5% quarter-on-quarter due to stronger consumption and capital investment. While the country never imposed strict stay-at-home orders during the pandemic, the government in March …
Read More »US lawmakers arrive in Taiwan as China tensions simmer
A delegation of U.S. lawmakers arrived in Taiwan on Sunday for a two-day trip during which they will meet President Tsai Ing-wen, the second high-level group to visit while there are military tensions between the self-ruled island and China. Beijing, which claims Taiwan as its own territory, has conducted military …
Read More »Vietnam considers $58.7 billion high-speed railway
Vietnam is considering building a high-speed railway that runs along the country’s length with a possible price tag of up to $58.7 billion, the government said on Sunday. The Southeast Asian country’s transport ministry will next month submit a proposal to build the 1,545 km (960 miles) railway to the …
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