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SINGAPORE (Reuters) – Singapore transport minister S Iswaran was arrested on July 11, the city-state’s anti-graft body said on Friday. He was arrested alongside hotel tycoon Ong Beng Seng in relation to a corruption probe, the corruption bureau said in an email responding to a Reuters query. Both were subsequently released on bail. (reporting by …

Singapore transport minister was arrested July 11, freed on bail – corruption bureau Read More »

BEIJING (Reuters) – China’s cabinet on Friday approved guidelines for improving the building of public infrastructure for both normal and emergency use in megacities, state radio reported, part of efforts to support the economy and cope with future public health crises. The move is an important step to coordinate development and security and promote the …

China’s cabinet approves infrastructure guidelines for normal, emergency usage Read More »

By Andreas Rinke and Sarah Marsh BERLIN (Reuters) – German Chancellor Olaf Scholz on Friday played down the need for government policy to encourage companies to de-risk from China, saying many firm were already diversifying their supply chains, investments and exports. Germany on Thursday published its first China strategy which urged companies to reduce their …

Scholz plays down need for policy to spur ‘de-risking’ from China Read More »

By Hyunsu Yim SEOUL (Reuters) -Torrential rain swept across South Korea on Friday, forcing the cancellation of over a hundred flights and leaving thousands of homes without power as the government put officials on high alert for the peak of the summer monsoon season. Over 4,000 households have experienced power cuts in the capital Seoul …

South Korea torrential rain triggers power cuts, flight cancellations Read More »

TOKYO (Reuters) -A rocket engine exploded during a test in Japan on Friday but there were no injuries, an official at Japan’s Education, Science and Technology Ministry said. The explosion of the Epsilon S engine at the Japan Aerospace Exploration Agency (JAXA) testing site is the latest in a series of failures that have deflated …

Japan space agency rocket engine explodes during test Read More »

(Reuters) – Pakistan is set to draw in $5.6 billion in additional financing, Bloomberg News reported on Friday. The new funding will include $3.7 billion of commitments from bilateral partners including Saudi Arabia and the United Arab Emirates, Nathan Porter, the IMF’s mission chief for Pakistan, Bloomberg News reported. On Wednesday, Pakistan’s central bank received …

IMF loan helps Pakistan unlock another $5.6 billion in funding- Bloomberg News Read More »

JAKARTA (Reuters) – United States’ Secretary of State Antony Blinken on Friday called for stability in the Indo-Pacific region and urged the world to work together to end threatening behaviour by North Korea after its latest missile launch. In broad remarks made after a bilateral meeting with his Indonesian counterpart Retno Marsudi in Jakarta, he …

US Secretary of State Blinken urges stability in Indo-Pacific Read More »