Jeju Air crash

Jeju Air crash: No Similar Concrete Structures at Singapore Airports, Says Transport Minister After Jeju Air Crash

In a recent parliamentary session, Transport Minister Chee Hong Tat assured that Singapore’s airports do not have concrete structures near runways similar to the one involved in the tragic Jeju Air crash on December 29. The incident, which took place...
Elephant in Thailand: Mahout Charged with Negligence

Spanish Tourist Killed by Elephant in Thailand: Mahout Charged with Negligence

In a tragic turn of events at the Koh Yao Elephant Care Centre in southern Thailand, a Spanish tourist was killed by an elephant, prompting Thai authorities to charge the mahout responsible with negligence. The incident, which occurred last week,...
Sri Lanka Central Bank

Sri Lanka Eyes Stronger Economic Recovery Following Impressive GDP Growth in 2024

Sri Lanka's economy is poised for a significant rebound in 2025, building on the momentum of an impressive 5 percent real GDP growth in 2024, the highest in seven years. This growth marks a critical turning point as the island...
7-Eleven

Japanese Economy Minister Labels Seven & i Buyout a National Security Concern

Japan's growing sensitivity towards foreign acquisitions, Economy Minister Ryosei Akazawa declared on Wednesday that a potential takeover of retail giant Seven & i Holdings Co. by foreign entities could pose serious national security risks.  The company, widely recognized for its...
Security personnel conduct checks at the entrance gate inside the compound of the presidential residence of impeached South Korean President Yoon Suk Yeol, as seen from a hill in Seoul

South Korea’s President Yoon Suk Yeol Faces Renewed Arrest Threat Amidst Escalating Political Turmoil

South Korean President Yoon Suk Yeol faces a renewed and potentially more forceful attempt to arrest him on insurrection charges. The head of the Corruption Investigation Office for High-ranking Officials (CIO), Oh Dong-woon, vowed to take all necessary measures to...
Exxon Mobil

Exxon Mobil Sues California AG and Environmental Groups for Defamation Over Recycling Claims

Exxon Mobil Corp. has filed a federal defamation lawsuit against California Attorney General Rob Bonta and several prominent environmental organizations. The Texas-based oil and gas giant alleges that Bonta, along with groups like the Sierra Club, San Francisco Baykeeper, Heal...
Sydney, Australia

Australian Inflation Edges Up in November Amid Rising Electricity Costs, Core Inflation Trends Downward

Australia's consumer price inflation slightly increased from three-year lows in November, primarily driven by a sharp rise in electricity costs. However, the overall drop in core inflation metrics has strengthened arguments for a potential interest rate cut by the Reserve...
Stock information display in Shanghai

Asian Markets Drift Lower Amidst U.S. Rate Concerns and Robust Dollar

Asian stocks edged lower on Wednesday, reflecting investor apprehensions as a strong U.S. dollar kept the yen pinned near six-month lows. Market sentiment was dampened by the realization that the Federal Reserve may be slow to reduce interest rates, following...
Samsung

Samsung Shares Rise as Nvidia’s Jensen Huang Backs Company Amid AI Memory Struggles

Samsung Electronics Co.’s shares experienced a notable uptick following remarks by Nvidia Corp. founder Jensen Huang, who expressed confidence in Samsung’s capability to overcome the technical challenges hampering its cutting-edge memory products. This optimism provided a much-needed boost to the...
Tencent

Tencent’s Record Share Buyback Amid US Blacklist Fallout

In an unprecedented move, Tencent Holdings Ltd., China’s most valuable tech giant, executed its largest share buyback in nearly two decades following a steep selloff triggered by its addition to a U.S. blacklist for alleged ties to the Chinese military....
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