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China stocks slip as healthcare shares, bond defaults weigh
SHANGHAI: China stocks ended lower on Tuesday, weighed by losses in healthcare stocks on concerns over lofty valuations, while more bond defaults hit sentiment.
Yuan hits 1-week high on upbeat econ data, China-backed trade pact
SHANGHAI: The yuan rose to a one-week high against the dollar on Monday morning, underpinned by solid economic data that showed the fading negative impact from coronavirus shocks.
Indonesia to develop circular economy for EVs, boost battery industry
JAKARTA (The Jakarta Post/ANN): Indonesia intends to adopt a circular model for its up-and-coming electric vehicle (EV) industry — a new industry driven by rising concerns over the climate crisis — and plans to partner with global manufacturing giants to produce EV batteries.
Pompeo wraps up Asia tour in Vietnam following prisoner release
HANOI, Oct 30 (Reuters): US Secretary of State Mike Pompeo wound up a visit to Asia in Vietnam on Friday after a tour marked by his repeated calls for help for the United States in confronting security threats posed by China.
Polish state firms ordered to set up field hospitals
WARSAW (Reuters) - Poland's prime minister has ordered six big Polish state-run companies to create field hospitals to cope with the coronavirus pandemic, the prime minister's chancellery chief of staff, Michal Dworczyk, said on Friday.
Ex-Jakarta governor Ahok blasts Indonesian state firms
JAKARTA (The Straits Times/ANN): Outspoken former Jakarta governor Basuki Tjahaja Purnama -- popularly known by his Chinese nickname Ahok -- has used YouTube as a platform to lambast bad bureaucracy, rent-seeking and systematic inefficiency in Indonesia's state-owned companies.
Asean calls for restraint in South China Sea
JAKARTA, Sept 13 (The Jakarta Post/ANN): Every year, 10-nation Asean prides itself on being able to convene major powers with interests in Southeast Asia, offering a stage for diplomatic rivalries and geopolitical dynamics to play out.
Thai govt offers one-year financial support to those who employ new grads
BANGKOK (Xinhua): The Thai government is providing a one-year financial support for the employment of new graduates in both public and private sectors throughout Thailand, confirmed Labour Minister Suchart Chomklin on Wednesday (Sept 2).
Chinese investors snap up HK property
HONG KONG: Mainland Chinese investors are scouring Hong Kong's commercial property market for bargains after prices plunged 30%, signalling a new wave of demand following anti-government protests last year that kept a lid on investment activity.
