Awasthi, who's styled celebs like Fiona Xie and Claire Jedrek, shares his must-haves for a complete wardrobe look.
More shopping deals:
Awasthi, who's styled celebs like Fiona Xie and Claire Jedrek, shares his must-haves for a complete wardrobe look.
More shopping deals:
Kwa Kim Li, a cousin of PM Lee, faces complaints on her conduct in the preparation of the late Lee Kuan Yew's will.
A police manhunt is under way for a gang of attackers who assaulted two men with bamboo poles on a Hong Kong street in the early hours of Wednesday. A video circulating online shows several assailants beating the two victims with one- to two-metre-long poles as they lay in the road, trying to shield themselves from the blows with their arms. The footage also captured the aftermath of the attack, showing one of the victims lying on the ground with his face covered in blood when police arrived.Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. Five students among 22 arrested following illegal drugs and liquor seizure Officers were called to Yee Kuk Street in Sham Shui Po after receiving a report of fighting from a passer-by at 1.41am. One of the victims, a 37-year-old man, suffered injuries to his forehead, right forearm and right knee. According to police, the other man, aged 36, was his colleague, and was experiencing pain all over his body after the attack. The pair were taken to Caritas Medical Centre in the same district for treatment. Officers combed the area, but no arrests were made. Police are searching for eight to 10 men in connection with the attack, according to the force. Elderly man dies in hospital after being rescued from burning flat in Sham Shui Po A police source said the two victims had been heading home after a night of heavy drinking at the time of the attack. “We believe they had had a dispute with the others while on the way home, and then they were assaulted,” the source said. The bamboo poles used in the attack were recovered at the scene, and officers have checked surveillance camera footage from the area to gather evidence. Detectives from the Sham Shui Po criminal investigation unit are handling the case. In 2020, police dealt with 3,514 reports of serious assault across the city. There were 3,902 cases the previous year. This article Hong Kong police seek gang of assailants who attacked pair with bamboo poles in Sham Shui Po first appeared on South China Morning PostFor the latest news from the South China Morning Post download our mobile app. Copyright 2021.
Some applauded her friend for censoring bum and exposed skin. This article, Beauty influencer sorry for ‘dragging’ Islamic evangelist in sexy photo-op, originally appeared on Coconuts, Asia's leading alternative media company.
Blackstone Group is seeking to invest in more properties in Singapore after buying the Sandcrawler for S$176 million from Lucas Real Estate.
Queen Elizabeth II turned 95 on Wednesday, just days after burying her late husband Prince Philip, in what will be her first birthday without him in more than seven decades.
President Volodymyr Zelensky on Tuesday invited Russian leader Vladimir Putin to meet in war-torn eastern Ukraine, stressing that millions of lives were at stake from fresh fighting the separatist conflict.
A 90-year-old Hong Kong woman has been conned out of US$32million by fraudsters posing as Chinese officials, police said, in the city's biggest recorded phone scam.
The European Union does not want to see the strategic rivalry between China and the United States develop into a cold war and will seek to cooperate with all parties in the Indo-Pacific region, a senior Brussels official said on Tuesday. On Monday the EU adopted its first joint strategy for the Indo-Pacific, which said that while it was committed to closer cooperation with the US, it also acknowledged the need to engage and work with China on many matters of common interests.Gunnar Wiegand, the managing director for Asia and the Pacific at the European External Action Service, the EU’s diplomatic and defence department, told an online conference that the bloc was adopting a “European approach” to the region and was looking after its own interests.He said Europe had learned many lessons from the Cold War – where many of its members found themselves on different sides of the Iron Curtain – and said: “We certainly have no interest as Europeans to see the world falling back into anything like a cold war [or] a hot war. So we will always promote cooperation over confrontation.” Life after Merkel: Germany’s ties with China head into the unknown He also said many others in the Indo-Pacific region, including the Association of Southeast Asian States, also want to avoid having to take sides.The EU recently introduced sanctions on Chinese officials accused of human rights abuses in Xinjiang – prompting retaliatory measures from Beijing and increasing the uncertainty about whether the Comprehensive Agreement on Investment would be approved by the European Council and Parliament.Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. But Wiegand said this issue was separate from the EU’s Indo-Pacific policy, adding that the deal was in the interests of European companies with interests in China and would leave them better placed to compete with US and Chinese businesses. “I’m not optimistic. I’m not pessimistic. When the right time comes, everybody will have to take their own decisions and responsibility,” he said. Wiegand identified climate change as the key area where the EU wanted to cooperate with China, citing its role as the world’s largest emitter of greenhouse gases, and in tackling plastic waste. He added that Europe hoped for broad-based cooperation with partners in the region on other policy areas, including health and research. EU drops plans to punish China over Hong Kong electoral reform The EU document also implied there would be a greater European naval presence in the region, including the disputed South China Sea, with France, Germany and the Netherlands planning to send or considering sending warships there. Wiegand said the security of maritime supply routes was a vital strategic interest for Europe.More from South China Morning Post:China’s defence minister on Europe mission as US tries to rally NatoWhy US and China’s push to set up rival power blocs are likely to failPhilippine defence officials deny threat to withdraw support from Rodrigo Duterte over South China Sea row with BeijingMerkel backs Xi on need to avoid new cold war, but presses China on human rights, transparencyChina likely to respond in kind to EU sanctions on Xinjiang, observers sayThis article Europe ‘doesn’t want to see a new cold war between China and US’ first appeared on South China Morning PostFor the latest news from the South China Morning Post download our mobile app. Copyright 2021.
From choosing a BTO unit to purchasing a flat in the resale market. Here’s how you can own your own HDB flat if you’re 35, single, and Singaporean. What is HDB? A statutory board under the Ministry of National Development (MND), the Housing & Development […] The post What Type Of HDB Flats Can Single Singaporeans Buy? appeared first on SingSaver Blog - We Compare, You Save.
Former Chinese premier Wen Jiabao has published a personal reminiscence about his late mother, saying she taught him to live an honest, thrifty life. Whereas personal memoirs are commonplace among Western politicians, it is unusual for a retired Chinese leader to publish such a personal account because the state maintains rigid controls over all narratives relating to state affairs. In an article originally published in a newspaper in Macau, Wen presented both his mother and himself as people tested by hardship and uncorrupted by power.Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. Wen, 78, wrote that his mother, Yang Zhiyun, who passed away in her late 90s at the end of last year, had suffered tumultuous days of war and political purges but maintained high moral standards throughout. He said that even after he was promoted to a central government post in 1985, his mother “never asked for anything from the [Communist Party] organisation” and never used his name to seek favours for the family. Wen, whose parents were both primary schoolteachers in the northern city of Tianjin, wrote: “My mother and father dedicated their lives to the revered course of education and always lived on meagre salaries. They left no property or savings behind.” Wen, who was the head of the government between 2003 and 2013, wrote that his mother had been extremely strict and instilled a strong sense of integrity. “One day I found a one cent coin and put it in my pocket, and it was found by mother,” Wen recalled. “She started to beat me and asked where I got the cent, and she beat me so hard that the broom broke. From that moment on, I knew that I can’t take what isn’t mine, not even a cent. Her teaching during my childhood has benefited me throughout my whole life.” The article was originally published in four parts over the past month in the Macau Herald, a weekly Chinese newspaper in the Chinese special administrative region and former Portuguese colony. The full article was republished by a number of accounts on the social media platform WeChat in mainland China on Saturday night. Users have been banned from sharing the article, with the platform’s owner Tencent citing unspecified violations of the site’s rules, but it can still be read. Chinese state media outlets, including the official Xinhua news agency, People’s Daily and Chinese Central Television, did not republish or report on the article. Macau journalists brace for restrictions on press freedom Wen also mentioned an incident when a man hurled a shoe at him during a speech at Britain’s Cambridge University in 2009. He wrote that his mother, then 88, suffered a cerebral embolism while watching the incident live on television and from that time on had problems with her eyesight, speech and mobility. Wen said he had spent most of the time since his retirement in 2013 with his mother. “I retired after I worked in the Zhongnanhai compound for 28 years, including 10 years as premier,” Wen wrote, referring to the place where Chinese state leaders live and work. “For people like me [from a humble background], it is by accident that I became a senior official. I obeyed orders with the utmost prudence and caution as I walked on thin ice or stood on the edge of a cliff.” At the end of the article, Wen made a brief political statement about the country. “China, in my vision, should be a country of justice and fairness. There’s eternal respect for human hearts, human morality and humanity, and there’s always an air of youth, freedom and hard work. I cried over it and I fought for it,” Wen wrote. “This is the truth I learned from my life, and this is also the gift given by my mother.” Wen also described how his father had suffered during the Cultural Revolution, writing: “My father was detained at his school and frequently suffered from brutal interrogations, verbal insults and physical beating. Cultural Revolution was wrong: party mouthpiece breaks Chinese media silence “At one time, a Red Guard punched my father’s face and my father’s face was so swollen that he could barely open his eyes to see things. My father couldn’t withstand any more and shouted back while pointing to his own chest, ‘Lad, you can punch me here!’” Wen recalled how his mother had also suffered during the massive social upheaval during that time, sending a share of her meagre salary to the school where his father was being held to pay for his food. “She always worried that the money wouldn’t reach my father and insisted the guards give receipts as evidence,” he wrote.More from South China Morning Post:Ex China premier Wen Jiabao states innocence in letter to Hong Kong columnistWen family hits back at 'lies' on hidden fortunePremier Wen chides ChongqingThis article Former Chinese premier Wen Jiabao pays tribute to late mother who ‘taught me not to take what isn’t mine’ first appeared on South China Morning PostFor the latest news from the South China Morning Post download our mobile app. Copyright 2021.
Chinese President Xi Jinping said no nation should dictate global rules or interfere in other countries, as Beijing continued to signal its unhappiness over what it sees as growing international meddling in its affairs. Without naming any country, Xi made his remarks by video link to more than 2,000 officials and business executives attending the annual Boao Forum for Asia in the southern Chinese island province of Hainan. “The destiny and future of the world should be decided by all nations, and rules set up just by one or several countries should not be imposed on others,” Xi said. “The whole world should not be led by unilateralism of individual countries.Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. “Equality, mutual respect and trust should be at the forefront when countries are dealing with each other. It is unpopular to arrogantly instruct others and interfere in internal affairs.” China has announced record growth of 18.3 per cent for the first quarter as its economy recovers from the damage caused by the coronavirus, but its relationship with the United States has yet to show a similar rebound. Last Friday, US President Joe Biden issued a joint statement with Japanese Prime Minister Yoshihide Suga that indicated China was a geopolitical adversary – which Beijing described as a move to “sow division”. Washington has also begun to consolidate its alliances in Europe and Asia, with US Secretary of State Antony Blinken stressing “the need to engage China from a position of strength”. The US, the European Union, Britain and Canada have imposed coordinated sanctions on China over alleged human rights violations in Xinjiang, which Beijing denies. “As we are going through the Covid-19 pandemic, people of all countries have more clearly realised that it is necessary to abandon the cold war mentality and zero-sum game, and oppose any form of new cold war and ideological confrontation,” Xi said. In the audience were prominent business US leaders including Apple’s Tim Cook, Tesla’s Elon Musk, Blackstone’s Stephen Schwarzman and Bridgewater’s Ray Dalio. The annual Boao conference is China’s top government-sponsored business forum, sometimes dubbed the Chinese version of the World Economic Forum in Davos. It was cancelled last year because of the coronavirus outbreak. In an apparent indication of decoupling between the US and China, Biden said on Friday the United States and Japan would jointly invest in areas such as 5G technology, artificial intelligence, quantum computing, genomics and semiconductor supply chains. Washington’s planned investment in domestic chip production, meanwhile, is widely seen as an attempt to attract South Korean and Taiwanese chip makers to the US. China has also been calling for South Korean companies to expand cooperation in technology including semiconductors, in which there is a global shortage. Xi told the forum that China would keep opening up its economy to world business and that there should be integration of supply chains, the digital economy and artificial intelligence. “Any attempts to build walls and decouple are violating economic laws and market rules, which is harming others and detrimental to oneself,” he said. What semiconductors are and why China needs to make them itself Xi promised China would work with other nations to deal with climate change, but did not say whether he would attend a Biden-hosted climate summit on Thursday. The president also defended the Belt and Road Initiative, which has come under scrutiny as it extends Beijing’s geopolitical influence. Xi said the infrastructure investment strategy was open to all nations and was not a “private road for a particular single nation”. Zhu Jiejin, a professor of international relations with Fudan Univiersity in Shanghai, said Xi’s speech at Boao highlighted China’s wish to promote its own agenda. “Boao is an opportunity to highlight China’s role in Asia and China’s voice in a multilateral setting,” Zhu said. “The Asia Pacific region will continue to be an important theatre of competition between China and the US, and the starting point of China’s global governance strategy. “The US has long had a presence in Asia. But China, as a regional country, has a good foundation and should continue to amplify its advantage.” Additional reporting by Catherine Wong and Liu ZhenMore from South China Morning Post:Xinjiang: will the West’s sanctions on China force the issue or unravel?US and China pledge to work together on climate change after John Kerry visitChina accuses US and Japan of sowing division after Biden and Suga vow to counter ‘intimidation’This article Xi Jinping rebukes nations who ‘arrogantly instruct others and interfere’ first appeared on South China Morning PostFor the latest news from the South China Morning Post download our mobile app. Copyright 2021.
Singapore prosecutors on Tuesday filed five additional charges against businessman Ng Yu Zhi in relation to a scheme that allegedly raised at least S$1 billion ($746 million) from investors to fund bogus nickel trades. The alleged fraud, which would be one of the city-state's biggest, follows a string of scandals involving Singapore trading firms that have shaken investor and banker confidence in the sector over the last year when some commodities, including nickel, have rallied strongly. The new charges of cheating against Ng were read out in Singapore's State Court.
Philippine President Rodrigo Duterte said challenging China in the South China Sea will only lead to violence, and that he will only do so if Beijing drills for oil in the disputed waters.
Two witnesses giving evidence against an ex-opposition lawmaker on trial for breaking pandemic social-distancing rules lied about what they saw the defendant do outside a bar in Hong Kong last year, a court heard on Monday. The lawyer for former Civic Party member Tanya Chan also further questioned the credibility of the two witnesses, a man and a woman, by saying that far from meeting Chan by chance that night, they had worked with two others to film the defendant and fabricate evidence against her. Chan was charged alongside former party colleague Gordon Lam Sui-wa with taking part in an illegal group gathering at the HANDS bar on Tai Nan Street in Sham Shui Po on April 2.Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. Bar manager Chan Wai-choi faces one summons of knowingly allowing a group gathering prohibited under coronavirus social-distancing measures and another of failing to comply with regulations in relation to a catering business. Who is Tanya Chan? Hong Kong opposition lawmaker’s curtain call on career shifts spotlight to her past The defendants have denied all charges before Magistrate Andy Cheng Lim-chi at Kowloon City Court. According to the prosecution, the manager had served about 40 guests, including Tanya Chan and Lam, at his bar at around 11pm despite a ban on public gatherings of more than four people. The gathering was said to have continued into the early hours of the next day, when a separate directive calling for the closure of all pubs and bars in the city took effect. The prosecution initially relied on the evidence of four witnesses, but police had failed to contact one of them, while another, surnamed Ng, refused to testify, prompting the magistrate to order Ng’s arrest. The court heard the four were friends who met up for a chat on the night in question. But they later decided to split up into two groups, with one eating at the bar and the other having dessert at a shop on the opposite side of the road. Amy Poon Mey-mey, who went for dessert, testified she noticed a large number of people entering the bar and people smoking outside. She said she was “astonished” by people “acting in complete disregard of the law”. Poon then saw Tanya Chan enter the bar but did not see what she did during her 20-minute stay. Former Hong Kong lawmaker Tanya Chan and two others charged over bar gathering prosecutors say broke social-distancing rules Lui Ho-lam, who was with Poon, said he later saw a drunken Chan walk out while being carried by two men, as she “swayed from side to side”. She later got into a taxi and left. But defence lawyer Franco Kuan Bak-on cast doubt on that claim by referring to the 10 photographs Poon took at the scene, some of which showed Chan leaving the bar alone, and which were later published by various media outlets. Kuan further questioned why Poon and Lui would decide against entering the bar with their friends if they had really had intended to meet up for a chat. The lawyer told Lui: “You and Amy were not there to chat. You were there to stalk the defendants, and you have exaggerated your evidence against them.” Lui denied the allegations. The trial continues on Tuesday.This article Prosecution witnesses lied about former lawmaker’s behaviour on night of alleged social-distancing violation, Hong Kong court hears first appeared on South China Morning PostFor the latest news from the South China Morning Post download our mobile app. Copyright 2021.
Just because you have money in your savings account doesn’t mean you need to spend it. It’s not about how much you earn, but how much you save and what you do with that money (invest!). You may think that paying a couple of dollars […] The post 5 Habits of Super Frugal People You Should Follow If You Want To Save Money appeared first on SingSaver Blog - We Compare, You Save.
Moscow's military build-up on the border with Ukraine is even bigger than in 2014 when Russia invaded Crimea, a Pentagon spokesman said Monday, describing the deployment as "very seriously concerning."
Five Hong Kong students were among 22 people rounded up following the seizure of HK$34,000 (US$4,376) worth of illegal drugs and liquor in an anti-narcotics operation over the past three days, according to police. The five suspects were believed to be customers in a mini-storage centre that was converted into an unlicensed pub and karaoke lounge on Ng Fong Street in San Po Kong. Detectives from the New Territories North regional crime unit picked up the students and 11 others when they raided the premises on Saturday night.Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. “The venue was allegedly used to store and tout illegal narcotics and for abusers to take drugs,” a police spokesman said. Police arrest garage worker in HK$12 million drugs raid in Hung Hom Inside the venue, officers seized HK$17,000 worth of illegal drugs, including cannabis buds and some tablets of Ecstasy, along with HK$12,000 worth of liquor. One of the 16 suspects, a 22-year-old man believed to be in charge of the premises, was held on suspicion of trafficking in a dangerous drug, operating an unlicensed karaoke establishment, selling alcoholic beverages without a liquor licence and violating pandemic-related social-distancing rules banning public gatherings of more than four people. The other 15 suspects, aged 16 to 26, were arrested for possession of illegal drugs, drinking in an establishment without a liquor licence and violating social-distancing rules. On Monday, police arrested another six men aged between 19 and 26 on suspicion of selling cannabis on the internet. Officers seized HK$5,600 worth of cannabis during raids. “The force will continue to crack down on lawbreakers and criminal syndicates who use online platforms to tout illegal drugs,” police said in a statement. In Hong Kong, trafficking in a dangerous drug carries a maximum penalty of life imprisonment and a HK$5 million fine, according to police. Last month, customs officers arrested two daughters of veteran comedian Richard Ng Yiu-hon and seized marijuana plants and products worth more than HK$1 million in two separate raids on their homes in Sai Kung on March 23 and 26. In 2020, local authorities seized 1,071kg of marijuana in the city, a 186.4 per cent jump from 374kg confiscated in 2019.More from South China Morning Post:Hong Kong police arrest garage worker in HK$12 million drugs raid at industrial building in Hung HomHong Kong police arrest man in HK$1.4 million drugs seizure in Tsim Sha Tsui hotel roomThis article Five students among 22 Hongkongers arrested following seizure of HK$34,000 worth of illegal drugs, liquor over three days first appeared on South China Morning PostFor the latest news from the South China Morning Post download our mobile app. Copyright 2021.
The United States should rejoin the Comprehensive and Progressive Trans-Pacific Partnership agreement (CPTPP) and work with China to merge the agreement with the Regional Comprehensive Economic Partnership (RCEP) to create a huge free-trade area that would include the two largest economies in the world, according to China’s former chief trade negotiator, Long Yongtu. The CPTPP is an ambitious trade agreement that was created after the US withdrew from the original Trans-Pacific Partnership during the administration of former US president Donald Trump. Merging the RCEP with the CPTPP would create the largest free-trade pact in the world. With China already a member of the RCEP, and Beijing having already shown its willingness to join the CPTPP, Washington’s stance is key to economic integration in the region, said Long, the former Chinese vice-minister of international trade and the point man during the country’s years-long talks to gain access to the World Trade Organization in 2001.Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. The participation of the US would definitely be good news for the Asian regional economic integration. We need to convey such a message to the US president Long Yongtu “We hope that the Biden administration can adopt a more positive attitude towards multilateralism, starting with [rejoining] the TPP, so that the entire Asia-Pacific region will be very happy,” he said at the Boao Forum for Asia on Monday. “The participation of the US would definitely be good news for the Asian regional economic integration. We need to convey such a message to the US president.” Long also said that the conditions for integrating the RCEP with the CPTPP are already very mature, given that the two free-trade agreements have several common member states – Japan, Australia, New Zealand, Singapore, Vietnam, Brunei and Malaysia. Chinese President Xi Jinping has said China is “actively considering” joining the CPTPP. His comments came as political tensions remain heated between the world’s two largest economies, which have clashed on issues ranging from Beijing’s policies in Xinjiang to Hong Kong and Taiwan, leading to calls for economic decoupling. China ‘needs’ trade pact like CPTPP to force it into domestic reform “If the US cannot become a part of the Asia-Pacific trade agreement, it will be a heavy blow to the unity and cooperation of the entire Asia-Pacific region,” Long said. US President Joe Biden has sought to present a united front with Japan to counter China in the Asia-Pacific region. “The ball is in the US’ court,” Long said. “If the US adopts a positive attitude towards regional cooperation in the entire Asia-Pacific region, the prospect of merging the RCEP and TPP will be a matter of course.” Long said that the signing of the RCEP symbolised that the weight of the global economy has already shifted to the Asia-Pacific region, but he added that there was still work to be done in terms of cultivating “regional cooperation and regional trade liberalisation”. China signed the RCEP in November with 14 other Asia-Pacific nations after eight years of negotiations, while India pulled out of the deal at the last minute. The trade agreement, initiated by the Association of Southeast Asian Nations in 2012, covers nearly one-third of the world’s population and gross domestic product. Others who spoke at the Boao Forum said that the rising confrontation between China and the US was one of the biggest challenges facing the Asia-Pacific region. “South Korea is extremely concerned” about the adversarial nature of the US-China rivalry, said Chung-in Moon, chairman of the Sejong Institute and a distinguished professor at Yonsei University. If the United States wants to compete with China in Asia, it has quite an opening, because so many of these other Asian countries are feeling so wary of Beijing Susan Shirk And Susan Shirk, chair of the 21st Century China Centre at UC San Diego’s School of Global Policy and Strategy, pointed to China’s “wolf warrior diplomacy”. “The people in the United States and people in Asia are concerned because Beijing appears to be picking fights with many of its neighbours – with Australia, with Japan, with India, with the Philippines,” she said. “We wonder what happened to the smart, sophisticated regional strategy.” “I have to say that, regrettably, many of China’s actions are creating a backlash, not just in Asia, but in the US and other parts of the world as well. So, if the United States wants to compete with China in Asia, it has quite an opening, because so many of these other Asian countries are feeling so wary of Beijing.”More from South China Morning Post:China-Australia relations: on first anniversary of trade conflict, hay-import licences bedevil Australian exportersWhat’s China’s beef now? South American meat producers stake claim in Chinese market amid trade disruptions with AustraliaChina ratifies RCEP trade deal three months ahead of schedule, urges other members to follow suitChina’s imports from US set record in first quarter, but their trade imbalance grows on strong Chinese exportsChina trade: B2B e-commerce booms as world looks to get back outside and resume ‘normal life’This article US urged to join mega APAC trade deal by China’s former chief trade negotiator first appeared on South China Morning PostFor the latest news from the South China Morning Post download our mobile app. Copyright 2021.
DBS Group has agreed to buy a 13% stake in privately-owned Shenzhen Rural Commercial Bank Corp (SZRCB) for 5.29 billion yuan ($814.3 million), marking the Southeast Asian lender's biggest acquisition in China. DBS said in a statement on Tuesday that it had received approvals from China's banking and insurance regulator and Singapore's central bank for the investment, part of its plan to accelerate its expansion in China's Greater Bay Area.
At least 49 passengers on a flight from New Delhi to Hong Kong have tested positive for coronavirus, authorities said, as the financial hub introduced an emergency ban on all flights from India in a crackdown over a new wave of cases.All of the passengers who tested positive flew into Hong Kong on a flight run by Indian operator Vistara on April 4.