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How China Evergrande's debt troubles pose a systemic risk

Straits Times Asian News - 59 min 49 sec ago
September 23, 2021 10:26 AM

HONG KONG (REUTERS) - China Evergrande Group has raised fresh warnings of default risks, as it scrambles to raise funds to pay lenders and suppliers with regulators and financial markets worried that any crisis could ripple through China's banking system and trigger social unrest.
Categories: Asian News

South Korea urges more testing over fear of holiday Covid-19 surge

Straits Times Asian News - 1 hour 5 min ago
September 23, 2021 10:20 AM

It will on Friday roll back the allowance gatherings to two people after 6pm in the greater Seoul area.
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Taiwan says 'risk' to its Trans-Pacific trade pact application if China joins first

Straits Times Asian News - 1 hour 11 min ago
September 23, 2021 10:14 AM

Taiwan is unable to predict when it may be allowed to join the CPTPP.
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All eyes on China's embattled developer Evergrande as interest payment looms

Straits Times Asian News - 1 hour 24 min ago
September 23, 2021 10:02 AM

BEIJING - Investors and markets are paying close attention to how regulators in China will respond to Evergrande Group's liquidity crisis as the world's most indebted developer faces payment on some of its offshore bonds on Thursday (Sept 23).
Categories: Asian News

Scrapping green deal with Norway won't undo Indonesia's efforts to protect forests: Experts

Straits Times Asian News - 1 hour 26 min ago
September 23, 2021 10:00 AM

But Indonesia's moratorium on new oil palm plantations might stand in its way if not extended.
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Coronavirus: Duterte taps military to assist hospitals as nurses get sick

Straits Times Asian News - 2 hours 2 min ago
September 23, 2021 9:24 AM

Defence Secretary Delfin Lorenzana said the military has started to dispatch nurses to at least one hospital. 
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Australia says will be patient on rebuilding ties with France

Straits Times Asian News - 2 hours 26 min ago
September 23, 2021 8:59 AM

Australian PM Scott Morrison has been unsuccessful in his attempts to talk to the French president.
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Melbourne faces more anti-lockdown protests as daily Covid-19 cases hit pandemic high

Straits Times Asian News - 3 hours 8 min ago
September 23, 2021 8:17 AM

Victoria reported 766 new locally acquired cases, topping its previous daily high of 725 hit on Aug 5, 2020.
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Aukus fallout: French submarine builder to send Australia invoice for scrapped ‘contract of the century’

SCMP Asian News - 3 hours 45 min ago
France’s Naval Group said Wednesday it will send a “detailed and calculated proposal” to Australia in the coming weeks of the costs it expects Canberra to pay for scrapping a massive contract to purchase French submarines.Australia in 2016 agreed to buy 12 diesel-powered submarines built by Naval Group in a deal dubbed the “contract of the century” worth US$36.5 billion and later revalued at US$60 billion.However last week Australia ditched the deal in favour of nuclear-powered submarines from…
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Why China's Xi Jinping looks to be pursuing a road back to socialism

BBC Asia News - 3 hours 52 min ago
China has not been very socialist for years, but the Communist Party looks set to change that.
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India opens highest military ranks to women after lengthy fight

Straits Times Asian News - 4 hours 3 min ago
September 23, 2021 7:22 AM

The move is a major milestone in a country where women have been leaving the workforce in droves.
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'Side-eying Chloe' Clem to sell iconic meme as NFT

BBC Asia News - 4 hours 21 min ago
The image of Chloe Clem could fetch her tens of thousands of dollars at auction.
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Kamala Harris to meet Narendra Modi in ‘coming of age’ moment for Indian diaspora

SCMP Asian News - 4 hours 35 min ago
US Vice-President Kamala Harris plans to meet Indian Prime Minister Narendra Modi on Thursday afternoon, making history as the highest ranking Indian-American to welcome the leader of a country that is becoming one of America’s most important allies.“It does represent a ‘coming of age’ moment for the diaspora, which is now more than 4 million strong,” Milan Vaishnav, director of the South Asia Programme at the Carnegie Endowment for International Peace, said in an email exchange.The meeting…
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South Korea foreign minister says to meet Japan counterpart on Thursday

Straits Times Asian News - 5 hours 24 min ago
September 23, 2021 6:01 AM

Mr Chung Eui-yong hoped for progress to end a dispute that has led to tit-for-tat trade restrictions.
Categories: Asian News

Pacific Island nations uneasy over Aukus deal, amid nuclear proliferation, climate change fears

SCMP Asian News - 6 hours 25 min ago
Australia’s bid to acquire nuclear submarines under a new security pact with the United States and Britain has sparked unease in Pacific Island nations, whose strategic location has placed them at the forefront of the growing geopolitical rivalry between China and the West.The launch of the partnership, dubbed Aukus, has raised concerns among politicians, the media and civil society in the Pacific about the risk of conflict and nuclear proliferation in their backyard.Although sparsely-populated…
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Second Afghan data breach by UK defence ministry

BBC Asia News - 9 hours 6 min ago
The MoD apologises again as it emerges dozens of people were mistakenly copied in to another email.
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I'm a Celebrity: Crew member's Covid case triggers lockdown

BBC Asia News - 10 hours 50 min ago
A crew member on I'm a Celebrity tests positive, sending thousands into lockdown and sparking a backlash.
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Lithuania urges people to throw away Chinese phones

BBC Asia News - Wed, 2021-09-22 23:41
The country's National Cyber Security Centre found security risks in both Xiaomi and Huawei models.
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Melbourne earthquake: Australians react to rare quake that rattled country

BBC Asia News - Wed, 2021-09-22 23:33
One resident thought the 5.9 magnitude quake was just his neighbours doing an intense workout.
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Taiwan announces its application to join Pacific trade pact CPTPP days after Beijing’s request

SCMP Asian News - Wed, 2021-09-22 22:45
Taiwan has officially applied to join a Pacific trade pact, just days after Beijing made a similar request to become a member in a bid to increase its economic influence in the region.Chen Chern-chyi, the island’s deputy economic minister, said on Wednesday that Taipei had submitted the application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).Chen told reporters that Economic Minister Wang Mei-hua and the island’s top trade negotiator John Deng would…
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