KABUL (Reuters) -A suicide bombing in front of a bank in Afghanistan’s Kandahar city killed at least three people and injured 12 others on Thursday, local police said. Later on Thursday Islamic State claimed responsibility for the attack, the group said on its Telegram channel. The blast killed civilians who had gathered in front of …
Three killed, 12 injured in Afghanistan suicide bombing – police Read More »
HONG KONG (Reuters) – The Hong Kong government needs to protect the city’s international financial hub status after years of upheaval, chairman of conglomerate CK Group Victor Li said on Thursday. Li was speaking after his property company CK Asset, one of Hong Kong’s biggest developers, reported a 10% decline in net profit from continuing …
CK Group’s Li says Hong Kong needs to safeguard financial hub status Read More »
By Asif Shahzad ISLAMABAD (Reuters) -Pakistan’s Prime Minister Shehbaz Sharif said on Thursday that a long-term bailout from the International Monetary Fund (MF) was inevitable given the South Asian country’s broken economy. The comments came a day after the IMF agreed a provisional or staff-level agreement with Islamabad which, if approved by its board, would …
Pakistan PM Sharif says another IMF bailout is inevitable Read More »
By Uditha Jayasinghe COLOMBO (Reuters) -The International Monetary Fund and Sri Lanka have reached a staff-level agreement on economic policies to conclude the second review of a four-year bailout programme, the global lender said on Thursday. The review, once approved by the IMF’s board, will release $337 million in funding for the island nation. Sri …
IMF, Sri Lanka reach staff-level agreement on second review of bailout package Read More »
MOSCOW (Reuters) – Beijing is under unprecedented U.S. and EU pressure to be tough on Moscow, the Kremlin said on Thursday, commenting on the refusal of some Chinese banks to accept payments from Russia. Russian business people in January drew attention to problems with settlements with Chinese banks. The United States has been threatening banks …
China is under unprecedented US, EU pressure over Russian payments, says Kremlin Read More »
BEIJING (Reuters) -China is considering launching talks on maritime affairs with Australia, a foreign ministry spokesperson said on Thursday, as increased tension among several nations bordering the South China Sea threatens regional security. The ministry announced the talks on the final day of a visit to Australia by China’s foreign minister, Wang Yi, who met …
China says it is considering maritime talks with Australia Read More »
SEOUL (Reuters) – At least nine people were killed when a South Korean-flagged vessel capsized off Japan, South Korea’s foreign ministry said on Thursday. Two South Korean nationals were among the dead, it said, adding that the Japanese coastguard had rescued an Indonesian crew member and that another member of the crew of 11 was …
Nine dead after South Korean-flagged vessel capsized off Japan, S.Korea says Read More »
By James Pomfret and Greg Torode HONG KONG (Reuters) – Vague provisions in Hong Kong’s new national security law around state secrets and links to foreign entities have put on edge many global businesses in the financial hub, with some consultants and hedge funds updating contingency plans and seeking legal advice in a bid to …
Wary of new security law, foreign firms in Hong Kong bolster contingency plans Read More »
BEIJING (Reuters) – China’s coast guard said a number of Philippine personnel ignored its warnings and illegally landed on a reef that is part of the Spratly Islands in the South China Sea on March 21. “China firmly opposes the Philippine act, which violates China’s territorial sovereignty, and undermines peace and stability in the South …
TOKYO (Reuters) – The governor of Japan’s Niigata prefecture, Hideyo Hanazumi, said on Thursday more talks were needed over the possible restart of the Kashiwazaki-Kariwa nuclear power plant, suggesting operations may not resume quickly. On Monday, Industry Minister Ken Saito said he would dispatch senior officials including Yoshifumi Murase, commissioner of the Agency for Natural …
Japan’s Niigata governor says more talks needed on nuclear plant restart Read More »
