Today’s Breaking News Headlines (File Image) Click to Get New Update Over 600 lawyers have written a letter to the Chief Justice Of India raising serious concerns against the actions of a “vested interest group” aiming to undermine the judiciary. Ahead of the elections, the central government has announced a 3-10 per cent increase in … Read more
Private equity giants operating in Asia are confident in their core business, but they are eyeing alternative assets such as private credit and infrastructure to generate better returns. As total deal value and fundraising in the Asia-Pacific private equity market slumped to the lowest in a decade in 2023, Apollo Global Management, Partners Group and … Read more
HONG KONG (AP) — Hong Kong lawmakers unanimously approved a new national security law Tuesday that grants the government more power to quash dissent, widely seen as the latest step in a sweeping political crackdown triggered by pro-democracy protests in 2019. The legislature passed the Safeguarding National Security Bill during a special session. The law … Read more
China’s Li Qiang will become the first premier in three decades to not hold a press briefing at the annual parliamentary meetings, removing a rare platform for investors to learn more about the nation’s policy direction as President Xi Jinping consolidates control over the world’s second-largest economy. The country’s No. 2 official won’t take questions … Read more
Alibaba Group Holding Ltd. disclosed a wider web of Chinese government stakes in its business units than previously known, following an inquiry from the US Securities and Exchange Commission. The Hangzhou-based e-commerce pioneer said in filingsBloomberg Terminal in the US and Hong Kong over the weekend that more than a dozen of its entities are … Read more
The Comac C919 is not very different from what Airbus and Boeing already have in the market, and that it was “not going to rock the boat in particular,” Christian Scherer, chief executive officer of Airbus’s aircraft commercial business said. “It looks a bit like an Airbus narrow body,” Scherer said, tongue in cheek, noting … Read more
HONG KONG (AP) — Hong Kong customs officials have arrested seven people linked to the territory’s largest ever money laundering case, involving about 14 billion Hong Kong dollars ($1.8 billion) some of it linked to a scam case in India. The seven local residents, aged between 23 and 74, were part of a large-scale transnational … Read more
A pedestrian speaks on a mobile phone as he watches a digital screen relaying the budget speech by Indian Finance Minister Nirmala Sitharaman on the facade of the Bombay Stock Exchange (BSE) in Mumbai on February 1, 2021. PUNIT PARANJPE | AFP via Getty Images In a report released Monday, the finance ministry said the … Read more
TOKYO (AP) — Asian shares were mostly lower on Friday despite upbeat news on the U.S. economy, with Japan’s benchmark falling after the latest data showed inflation has been slowing faster than expected. Tokyo’s Nikkei 225 declined 1.1% to 35,847.71 in morning trading as a key measure of inflation showed it slowed faster than expected … Read more
Last Wednesday, Prince Mateen, 32, and his then-fiancée, 29, celebrated an elaborate, traditional powdering ceremony known as Istiadat Berbedak, per British media. This is a custom in Malaysia and Brunei where the groom and bride-to-be are blessed by family members, who apply paste on the couples’ hands. Mateen shared several pics of this intimate event … Read more