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Community

Lions Clubs International roar into 100th year

A GALA dinner and induction ceremony were held to mark Lions Clubs International’s 100 years of service for the community.

Nation

Tickets to east coast sold out

GEORGE TOWN: With Hari Raya in less than two weeks’ away, bus tickets to the east coast have been snapped up.

Business

China holds firm to US$5 trillion anchor

BEIJING: Investors who fret about when and how global central banks will run down their crisis-era balance sheets can be relaxed about the biggest of them all – China’s.

Business

Pound kept under pressure after UK elections

LONDON: Sterling traded lower against the US dollar yesterday, with investors reluctant to buy the currency after a British election yielded no clear majority for any party and threatened to undermine Brexit talks due to begin next week.

Business

Is competitiveness on a downtrend

Times are tough. But, as the saying goes, “What goes up must come down.” We take the reverse as also true.

World

Israel reduces power supply to Gaza, as Abbas pressures Hamas

GAZA/JERUSALEM (Reuters) - Israel will reduce electricity supplies to the Gaza Strip after the Palestinian Authority limited how much it pays for power to the enclave run by Hamas, Israeli officials said on Monday.

Forex

Bitcoin price triples since start of year to break through US$3,OOO

HONG KONG: The price of bitcoin recorded a new high, soaring to break through US$3,000 on Monday, buoyed by rising enthusiasm for the world’s most popular cryptocurrency.

Business

Sterling kept under pressure after UK elections

LONDON:Sterling traded lower against the dollar on Monday, with investors reluctant to buy the currency after a British election yielded no clear majority for any party and threatened to undermine Brexit talks due to begin next week.

World

U.N. refugee agency says 2,500 people rescued off Libya at weekend

VIENNA (Reuters) - The U.N. refugee agency called on Sunday for European countries to help Italy cope with an increasing flow of migrants after some 2,500 were rescued at the weekend and dozens were reported missing at sea after leaving Libya.

Business

Bidding war breaks out for Rio’s Australia coal mines

SYDNEY: A multi-billion-dollar bidding war for most of Rio Tinto’s Australian coal mines has broken out between China-backed Yancoal and Glencore after the Swiss commodities giant made an unexpected offer.