By Jessie Pang HONG KONG (Reuters) – Hong Kong’s legislature passed a legal amendment on Wednesday to prevent foreign lawyers working on national security cases, a restriction critics say will undermine fair trials and the right of defendants to choose their lawyers. The amendment enshrines in law a ruling from China’s top lawmaking body last …
Hong Kong restricts foreign lawyers from national security cases Read More »
(Reuters) – Go Airlines (India) Ltd was granted bankruptcy protection on Wednesday, paving the way for the budget carrier to renegotiate debts and contracts. Following are details on other Indian carriers that have collapsed: JET AIRWAYS Jet Airways, once India’s largest private airline, stopped flying after running out of cash in April 2019. It owed …
TOKYO (Reuters) – Leaders of seven of the world’s richest nations meet next week at the G7 summit in the Japanese city of Hiroshima to discuss geopolitical, economic and climate issues as the war in Ukraine drags on and tensions rise between China and the United States. WHAT IS THE G7 SUMMIT? The G7 is …
Explainer-G7 Hiroshima Summit 2023: when is it, who will attend and what’s on agenda? Read More »
By Kate Lamb LABUAN BAJO, Indonesia (Reuters) – Southeast Asian leaders meeting in Indonesia called on Wednesday for an immediate end to violence in military-ruled Myanmar, in an effort to create a window for dialogue and the delivery of humanitarian aid as fighting intensifies. The Association of Southeast Asian Nations (ASEAN) summit was expected to …
Southeast Asian leaders urge end of Myanmar violence, inclusive talks Read More »
(Reuters) – Go Airlines (India) Ltd was granted bankruptcy protection on Wednesday, paving the way for the budget carrier to renegotiate debts and contracts after it grounded about half its fleet, claiming Pratt & Whitney engines were faulty. Here are some details on the U.S. engine maker’s geared turbofan (GTF) engines, which Go First says …
Factbox-The engine dispute at the heart of Go First’s bankruptcy filing Read More »
BEIJING (Reuters) -China’s Communist Party appointed Li Yunze, vice governor of Sichuan province, as the party chief of its new financial regulator, the China Banking and Insurance Regulatory Commission (CBIRC) said on its official WeChat account on Wednesday. Reuters had reported earlier that Li would be named as the head of the National Financial Regulatory …
China appoints Li Yunze as party chief of new financial regulatory body Read More »
BEIJING (Reuters) – China’s military said on Wednesday the aircraft carrier Shandong had returned to its home port in Hainan “in recent days”, after a month-long voyage that included transits around Taiwan for drills and a flex of muscles as far out as the Western Pacific. This year, the Shandong has been spotted in the …
China’s aircraft carrier Shandong returns to home port after show of might Read More »
NEW DELHI (Reuters) – Pratt & Whitney plans to oppose Go Airlines (India) Ltd’s push to enforce an arbitration ruling against the U.S. company for the supply of spare engines, a Delaware court filing showed. The airline, widely known as Go First, approached the Delaware court after it won an arbitration order in Singapore against …
Pratt & Whitney to oppose India’s Go First’s push to enforce arbitration Read More »
By Bernadette Christina and Stefanno Sulaiman JAKARTA (Reuters) – Sales of electric cars in Indonesia jumped last month after the government launched tax incentives, auto executives said, in an early sign that electric vehicle (EV) adoption is gaining traction in Southeast Asia’s largest economy. Effective from April, Indonesia cut the value-added tax (VAT) on electric …
Indonesia tax cut drives electric car sales for Hyundai, Wuling Read More »
By Bharath Rajeswaran (Reuters) – Venky’s India Ltd’s quarterly profit more than halved, hurt by a steep rise in the cost of poultry feed ingredients and lower sales, the company reported on Wednesday. Venky’s, one of India’s largest poultry firms, said it consolidated profit after tax for the March quarter fell 56% to 252.3 million …
Venky’s India posts 56% slump in Q4 profit on rising feed costs, lower sales Read More »
