Disgruntled conservatives threatened late Tuesday to scuttle Republican leaders’ plans to prevent a weekend government shutdown, saying GOP leaders now lack the votes to push their proposal through the House. The setback came as a deal between President Donald Trump and Congress to protect young immigrants from deportation also remained distant. The intransigence by the […]
Read moreA 20 nation meeting on North Korea agreed on Tuesday to consider imposing unilateral sanctions on Pyongyang that go beyond those required by U.N. Security Council resolutions, the United States and Canada said in a joint statement. The meeting, to discuss North Korea’s nuclear weapons program, also agreed to support dialogue between the two Koreas […]
Read moreHong Kong democracy activist Joshua Wong, 21, was sentenced to a second jail term of three months on Wednesday for his role in the 2014 pro-democracy “Umbrella Movement” street occupations. Wong had chosen not to fight the contempt of court charge that was laid against him after he refused to obey a court injunction order […]
Read moreChina’s central bank set its official yuan midpoint at a more than two-year high on Wednesday at 6.4335 per dollar, underpinned by a solid spot yuan performance a day earlier and broad dollar weakness in global markets overnight. Wednesday’s official midpoint was 37 pips, or 0.06 percent, firmer than the previous fix of 6.4372 on […]
Read moreChina’s banking regulator chief warned that a “black swan”, or an unforeseen event could threaten the country’s financial stability, official People’s Daily reported on Wednesday. In an interview with the paper, Guo Shuqing said that while risks in the financial system are manageable, they are still “complex and serious.” Since his appointment as the head […]
Read moreWall Street closed lower and digital currencies plunged ahead of Asia’s Wednesday trading day. U.S. stock indexes closed in negative territory despite trading at record highs earlier in the session. The Dow Jones industrial average cracked the 26,000 barrier on Tuesday, but later reversed gains to finish the session lower by 0.04 percent, or 10.33 […]
Read moreNorth Korea’s state-run media say U.S. President Donald Trump‘s tweet about having a bigger nuclear button than leader Kim Jong Un’s is the “spasm of a lunatic.” Rodong Sinmun, the ruling party newspaper, lashed out at Trump in a commentary on Tuesday that took issue with the U.S. commander in chief’s Jan. 3 tweet that […]
Read moreJapanese public broadcaster NHK issued a false alarm about a North Korean missile launch on Tuesday, but it corrected the error within minutes, messages on the NHK website showed. It was not immediately clear what caused the false alarm which followed a false missile alert that caused panic across Hawaii at the weekend. Source: cnbc […]
Read more
Singapore was recently ranked second on the Economist Intelligence Unit’s Safe Cities Index for 2017, coming in just behind Tokyo. In 2016, the island nation’s police reported 135 total days without any crimes including snatch-theft, house break-ins and robbery. That low crime rate means many small businesses enjoy little concern about shoplifting. In fact, as […]
Read moreA senior Chinese central banker says authorities should ban centralized trading of virtual currencies as well as individuals and businesses that provide related services, an internal memo from a government meeting seen by Reuters showed. In the memo outlining details of discussions at a meeting of internet regulators and other policymakers last week, PBOC Vice […]
Read more