By Jessie Pang HONG KONG (Reuters) – A Hong Kong court on Friday dismissed an appeal by an activist jailed for secession under a China-imposed security law to gain early release from prison. Ma Chun-man, convicted under the city’s 2020 national security law (NSL), is the first such NSL defendant to lodge a legal challenge …
Hong Kong court rejects activist’s bid for early release under new security law Read More »
By Jaspreet Kalra MUMBAI (Reuters) – The Indian rupee strengthened on Friday on the back of a softer dollar and after the Indian central bank kept policy rates unchanged but cut banks’ cash reserve ratio, effectively easing monetary conditions amid slowing economic growth. The rupee closed at 84.6875 against the U.S. dollar, up from its …
Rupee ends higher as cenbank holds rates but logs fifth straight weekly fall Read More »
(Reuters) – Global equity funds saw a notable rise in inflows in the week through Dec. 4, driven by a record-setting rally fueled by strong U.S. economic growth prospects and optimism about tech stocks, despite political turmoil in France and South Korea. Investors pumped a robust $21.8 billion into global equity funds during the week, …
By Farah Master HONG KONG (Reuters) -The National Basketball Association (NBA) has signed a multiyear deal to play pre-season games in Macau from 2025, marking the league’s return to the Chinese market after a years-long absence that followed controversy over the 2019 Hong Kong protests. Local media quoted NBA Deputy Commissioner Mark Tatum as saying …
NBA to return to China with multiyear deal in Macau Read More »
(Reuters) – The Reserve Bank of India (RBI) kept its key interest rate unchanged on Friday but cut the cash reserve ratio (CRR) that banks are required to hold, effectively easing monetary conditions as economic growth slows. The Monetary Policy Committee (MPC) kept the repo rate unchanged at 6.50% for an eleventh straight policy meeting. …
Indian cenbank holds rates steady; cuts banks’ cash reserve ratio Read More »
By Ananda Teresia JAKARTA (Reuters) -Indonesia and the Philippines signed an agreement on Friday on the repatriation of a Philippine woman who was sentenced to death for drug trafficking, an Indonesian government minister said. Indonesia’s senior minister for law and human rights affairs Yusril Ihza Mahendra and Philippines Justice Undersecretary Raul Vasquez signed the agreement …
Indonesia, Philippines agree details on repatriating Mary Jane Veloso Read More »
By Daniela Desantis ASUNCION (Reuters) -Paraguay said on Thursday it had canceled a low-level Chinese diplomat’s visa and ordered him to leave, after the envoy appeared to encourage lawmakers to reconsider Paraguay’s friendly relationship with Taiwan. The foreign ministry accused Xu Wei of “interference in domestic affairs,” while Taiwan’s embassy said he had “infiltrated” Paraguay …
Paraguay expels Chinese envoy over Taiwan ‘interference’ Read More »
SEOUL (Reuters) – South Korean President Yoon Suk Yeol was already grappling with controversies, including calls for his impeachment, before this week’s botched martial law declaration crushed his approval ratings to a record low 13%. Yoon’s quarterly approval rating fell to 24% this year, the lowest for a president’s third year in office since Roh …
Factbox-South Korean President Yoon dogged by scandals before botched martial law Read More »
MANILA (Reuters) -The Philippines held maritime drills with the United States and Japan inside its exclusive economic zone in the South China Sea, its military said on Friday, two days after a maritime confrontation with Beijing around a disputed shoal. The drills, which brought together a U.S. Navy P-8A Poseidon aircraft, Philippine Navy ship BRP …
Philippines holds drills with allies after South China Sea confrontation Read More »
By Jaspreet Kalra MUMBAI (Reuters) – Young, well-to-do Indians’ booming appetite for live entertainment is attracting global music stars as they seek out new audiences in the world’s most populous nation. Dua Lipa and Maroon 5 performed in India’s financial capital Mumbai in the past seven days, while Coldplay, Ed Sheeran, Shawn Mendes and Green …
Global music stars head to India as young, affluent Indians pack concerts Read More »
