Tag: Asia
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MSCI downgrades Indonesia’s information flow criterion on transparency concerns
The index provider said the downgrade reflected opacity in ownership data and market activity, which undermines proper price formation and constrains global investors’ ability to assess the true free float of listed companies.
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Johor’s economy thriving – so why is cost of living a likely hot-button issue for state election?
A North-South divide in wealth distribution means some Johoreans struggle to keep up with rising costs – a potential key issue in the Jul 11 state polls.
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Modi reports ‘significant progress’ in US-India trade talks after Trump meeting
Asked if the US and India are close to a trade deal, Trump told reporters in Evian that they were “very close”.
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Southeast Asia’s OECD hopefuls: Why Thailand and Indonesia are chasing entry to ‘rich countries’ club’
Bidding to join the international Organisation for Economic Co-operation and Development shows Southeast Asian economies are trying to use global standards to raise credibility, attract investment and lock in domestic reforms, experts say.
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India wants to turn more coal into gas for energy security. It faces a tough conversion
India recently approved a US$3.9 billion scheme to turn more of its vast coal reserves into gas. Even as its energy security ambitions gather pace, experts warn that scaling up the centuries-old technology will likely be a slow burn.
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Sri Lanka ex-leader’s son arrested over corruption
COLOMBO: The son of Sri Lanka’s former president Mahinda Rajapaksa was arrested on Wednesday (Jun 17) on corruption charges, the anti-graft commission said, the latest case to target the once all-powerful political clan.Yoshitha Rajapaksa, 38, is accused of tapping state funds for overseas training during his
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Cambodia scam centre leader extradited to China
Liu Ren established the Jin Bei Group in Cambodia in 2016, with the company operating “telecom fraud parks” in the country and committing “large-scale telecom and online fraud involving massive sums of money”.
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Vietnam police rescue hundreds of cats from being eaten with bust of major animal theft ring
Families were reunited with their missing pets after the crackdown on cat-meat trade.
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Malaysia’s opposition party Bersatu says ready to fight PAS ‘on all fronts’ amid political divorce
But Bersatu president Muhyiddin Yassin said his party remains part of the Perikatan Nasional opposition coalition and will use its logo in the Johor and Negeri Sembilan state elections on Jul 11 and Aug 1, respectively.
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India temporarily blocks Telegram app over medical exam fraud
NEW DELHI: India has temporarily blocked the Telegram messaging app, saying it was used to try to defraud candidates for a national medical entrance test, which had already been hit by allegations of leaked papers last month that led millions of results to be cancelled.The ban, which is unprecede
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