EU says Turkey should 'urgently' resume accepting migrants from Greece
More than 8,000 migrants are hosted on Lesbos island alone
Myanmar's military opened fire on protesting healthcare workers Thursday, killing at least one bystander as the demonstrators fled for safety to a nearby mosque.
Chinese President Xi Jinping will join a virtual climate summit with France and Germany, Beijing announced Thursday, as US envoy John Kerry visited Shanghai to drum up support from the world's biggest polluter for America's drive to address environmental challenges.
Singapore new private home sales doubled to 1,296 last month from 645 units in February, Urban Redevelopment Authority data showed..
Scoot will be barred from landing flights from Singapore in Hong Kong from 16 April to 29 April after two passengers on a flight to the territory were confirmed to have COVID-19 and one other had flouted pandemic-related rules.
How young is too young to start thinking about retirement? Saving for retirement is something we have been told to worry about again and again.
Pilgrims immunised against Covid-19 circled Islam's holiest site in Saudi Arabia's Mecca city Tuesday as they performed the year-round umrah pilgrimage on the first day of the fasting month of Ramadan.
The United States announced sanctions and the expulsion of 10 Russian diplomats Thursday in retaliation for what Washington says is the Kremlin's US election interference, a massive cyber attack and other hostile activity.
HONG KONG SAR - Media OutReach - 14 April 2021 - The China-Australia bilateral relationship deteriorated sharply over 2020, with China imposing both formal and informal trade restrictions on a number of Australian exports, including coal, barley, beef, wine, cotton among others. However, Coface expects that Australia's GDP to be back to 2019 level as soon as this year. But there are growing concerns that an escalation of bilateral tensions will see China hardening its stance towards Australia and possibly start targeting Australian services exports, particularly in tourism and education which could see 2% of Australia's GDP at risk. The reasons for bilateral tensions between China and Australia The China-Australia bilateral relationship is multi-facet, ranging from national security, economics and trade to foreign policy and domestic politics. Trade relations between China and Australia deteriorated when Australia's Anti-Dumping Commission extended anti-dumping duties on Chinese stainless steel sinks on 28 February 2020 following an investigation into Chinese aluminium extrusions. Between March and July last year, there were a further eight anti-dumping actions against Chinese products, such as steel[1]. On 19 April 2020, Australia pushed for a call for an investigation into the origins of coronavirus, adding to pressure on China over its handling of the Covid-19 outbreak. During May 2020, China imposed anti-dumping and anti-subsidy duties on Australian barley imports into China, citing investigations that started in 2018. China subsequently imposed tariffs on other Australian exports, such as wine, as well as formal and informal bans on products ranging from beef and timber to cotton and coal. A resilient Australian economy With China taking more than one-third of Australia's total exports, rising trade tensions are seen as a potential threat to Australia's economic outlook. However, iron ore, the mainstay of Australian exports to China, has been spared in the ongoing trade dispute, due to a lack of suitable alternatives. Meanwhile, despite China's trade action, the Australian economy continued a solid recovery from the pandemic, registering two consecutive quarterly GDP growth in the second half of 2020 as business conditions move towards normality following an easing of containment measures. Bilateral relations may worsen further Chinese trade restrictions so far have a muted impact on the broader Australian economy due to two main factors: first, the ability of some affected sectors to find alternative markets, such as Saudi Arabia for barley, and Southeast Asian countries for cotton, and second, top exports such as iron ore and natural gas were not targeted by China. With both sides interpreting the dispute through the lens of national sovereignty, the situation is unlikely to improve any time soon. We expect Australia's GDP to be back to 2019 level as soon as this year. Future development of China-Australia tensions will be closely monitored by Asian countries for guidance as to the extent of economic damage potentially suffered should they be caught in a similar situation. Furthermore, amid the ongoing strategic competition and political differences between the US and China, Asian countries will be hard-pressed if they are forced to choose between the two sides. The full study is available here. [1] https://www.reuters.com/article/us-australia-steel-china-idUSKCN0XK05C Coface: for trade With 75 years of experience and the most extensive international network, Coface is a leader in trade credit insurance and adjacent specialty services, including Factoring, Debt Collection, Single Risk insurance, Bonding and Information services. Coface's experts work to the beat of the global economy, helping ~50,000 clients, in 100 countries, build successful, growing, and dynamic businesses across the world. Coface helps companies in their credit decisions. The Group's services and solutions strengthen their ability to sell by protecting them against the risks of non-payment in their domestic and export markets. In 2020, Coface employed ~4,450 people and registered a turnover of €1.45 billion. www.coface.com COFACE SA. is listed on Compartment A of Euronext Paris. ISIN Code: FR0010667147 / Mnemonic: COFA
India's huge coronavirus second wave accelerated Thursday with a record number of infections reported, as a top Japanese politician warned Covid-19 could still derail the already delayed Olympics.
The employer had allegedly forbade his bodyguards from fasting during the holy month This article, Four suspects arrested for beating up bodyguards who were fasting, originally appeared on Coconuts, Asia's leading alternative media company.
It’s been an explosive April for ONE Championship, and the action isn’t yet over. This Thursday, 15 April, The Home Of Martial Arts returned with “ONE on TNT II,” which aired on American prime-time television and showcased five engrossing martial arts clashes that left fans thirsting for more. In the main event, ONE Lightweight World … Continue reading "Christian Lee Retains World Title, Todd Stuns Hogstad at ‘ONE On TNT II’"
COVID-19 vaccination is ongoing in Singapore. According to the Ministry of Health (MOH), as of mid-April 2021, 1.6 million doses of the vaccine have been administered. Here's a guide on how to find a vaccination centre near you.
Business groups in the Philippines called on China to withdraw its ships from a disputed reef as tensions rise in the South China Sea.
Hundreds of people have tested positive for coronavirus in India at the site of the world's biggest religious festival, officials said Wednesday, as huge crowds of mostly maskless Hindu devotees descended on the River Ganges.
A female civil servant and another woman, both 36, were charged on Wednesday (14 April) for allegedly leaking the daily updates of confirmed COVID-19 cases in Singapore before their official release last year.
The race to become PM Lee's successor appears to be down to Ong Ye Kung, Lawrence Wong, Chan Chun Sing.
George Floyd died from cardiac arrest brought on by heart disease, illegal drug use and other factors, a retired forensic pathologist testified on Wednesday at the murder trial of former Minneapolis police officer Derek Chauvin.
US envoy John Kerry will visit China this week for climate change talks -- the first official trip under the Biden administration -- in a trip Washington hopes will put aside diplomatic spats and focus on joint environment challenges.
Spiraling Covid-19 cases have put Cambodia "on the brink of death", its strongman premier Hun Sen has warned, as the country imposed lockdowns in the capital Phnom Penh and a nearby city.
Taiwan's government on Thursday said it had accepted the resignation of its transport minister following a train crash earlier this month that killed 49 people, the island's deadliest in decades.