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Climate records fall as Europe bakes in heatwave

PARIS/LONDON (Reuters) - Soaring temperatures broke records in Germany, France, Britain and the Netherlands on Thursday, as a heatwave gripped Europe for the second time in a month in what scientists said were becoming more frequent events as the planet heats up.


Trade war spurs recession risk in Singapore

SINGAPORE: The US-China trade war is threatening to drag export-reliant Singapore into a recession and aggravating underlying risks facing the former tiger economy.


All countries, including Malaysia, losing in US-China trade war

THE International Monetary Fund (IMF) may have identified China as having more to lose in the US-China trade war, but the real loser is the world which has become economically more dependent on China.


Hedge funds bet Aussie will be scuppered by sluggish inflation

SINGAPORE: Australia’s dollar took a beating last week and worse may be to come in the form of quarterly inflation data due Wednesday.


China's economy weakened in July, early indicators show

BEIJING: China’s economy continued to weaken in July, bolstering the case for greater policy support to shore up growth as talks over the trade dispute with the US continue.


A Fed interest rate cut is in the bag. What then?

SAN FRANCISCO: US central bankers are expected to lower borrowing costs this week for the first time since the depths of the financial crisis more than a decade ago. That's the easy part.


Goldman Sachs sees recovery in Tencent’s games revenue but ad growth to remain sluggish

In the first quarter Tencent reported a 2% year on year decline in mobile games revenue to US$3bil.


How bubble tea can affect your health

A doctor and a dietitian weight in on how the current craze about bubble tea can prove to be dangerous to our health, due to its high sugar content.


Malaysian taxi driver gives free rides to the underprivileged

Malaysian cabbie Gan See Kiet helps the sick, the blind and the elderly by waiving their fares and goes out of his way to make sure he drives them to their destination.