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for both the US and China, a war game exercise run by Washington think-tank Centre for Strategic and International Studies shows. The exercise revealed massive attrition on both sides, with the outcome dwarfing the scale of the Ukraine war, reports US bureau chief Nirmal Ghosh.Malaysia’s oldest party Umno is expected to set course for its future at its annual meeting this week, after a dismal showing at the November general election.
, though the party may close ranks and avoid leadership challenges at its internal elections in the first half of the year.
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Asian tourism-focused businesses ready for China rebound as border reopensSEOUL/TOKYO/BANGKOK – South Korean and Japanese shop owners, Thai tour bus operators and K-pop groups are among those celebrating China's border reopening as businesses around Asia rekindle ties with the region's largest economy. China was the world's largest outbound tourism market before the pandemic, and the absence of its once US$255 billion (S$340 billion) of annual spending since borders were...
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Asian FX bulls jump to multi-year highs, spurred by China reopening- Reuters pollBullish bets on the Thai baht and Chinese yuan hit five-year highs as China's sharp pivot from its strict COVID-19 curbs boosted investors' appetite for strengthening long positions in regional currencies, a Reuters poll showed on Thursday.Long positions firmed on nearly all Asian emerging currencies, man
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Ilhan Fandi ruled out for six to nine months with ACL injuryLess than a month after sealing a dream move to Belgium, Singapore Premier League (SPL) Young Player of the Year Ilhan Fandi will be out of action for six to nine months after suffering an anterior cruciate ligament (ACL) injury. In a media statement on Tuesday, the...
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Ex-Coinbase manager's brother sentenced to 10 months in insider trading caseNEW YORK : The brother of a former Coinbase Global Inc product manager was sentenced on Tuesday to 10 months in prison after pleading guilty in September to a wire fraud conspiracy charge, in what U.S. prosecutors have called the first insider trading case involving cryptocurrency. Nikhil Wahi admitted la
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Cherie Tan off to a winning start in 2023 in Asian Tenpin Bowling C’shipsAfter a stellar 2022 season, national bowler Cherie Tan picked up where she left off in January by winning the women’s singles gold at the 26th Asian Tenpin Bowling Championships in Hong Kong on Tuesday. Competing at the South China Athletic Association Bowling Centre,...
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Asian shares subdued, dollar steady, focus on US CPI dataSINGAPORE : Asian equities edged higher on Wednesday, while the dollar steadied as investors braced for U.S. inflation data that will influence the Federal Reserve's interest rate policy.MSCI's broadest index of Asia-Pacific shares outside Japan was 0.28 per cent higher, while Japan's Nikkei gained 1 per
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