Asia

Global stocks mixed after Wall St ends May with gain
Asia, Conflict, Singapore, World

Global stocks mixed after Wall St ends May with gain

BEIJING (AP) — Global stock markets were mixed Monday after Wall Street ended May with a gain and Japan’s factory output grew less than expected. London opened higher while Frankfurt retreated. Tokyo declined while Shanghai and Hong Kong gained. Wall Street futures were higher. U.S. markets were closed for a holiday. Investors are wavering between optimism about consumer spending and factory output reviving and unease that rising inflation might prompt governments and central banks to withdraw stimulus. “It still feels like a market looking for direction in the face of uncertainty,” said Patrik Schowitz of JP Morgan Asset Management in a report. In early trading, London’s FTSE 100 was down less than 0.1% at 7,022.61. The DAX in Frankfurt fell 0.2% to 15,485.89 while the CAC 40 in Pari
China again slammed by US Secretary over lack of transparency over COVID-19 origins
Asia, China

China again slammed by US Secretary over lack of transparency over COVID-19 origins

Washington, China: Once again China is slammed by US Secretary of State Antony Blinken on Monday for the lack of transparency on the origins of the coronavirus, as global pressure mounts for a fresh probe in Wuhan. “What we’ve seen, more than unfortunately, from the PRC (People’s Republic of China) since the beginning of this crisis is a failure to meet its basic responsibilities in terms of sharing information and providing access,” Blinken told the US House Committee on Foreign Affairs, reported Voice of America (VOA).In his opening remarks to the Committee, the Secretary of State said that China and others are working hard to “bend international organizations to their worldview” and stressed that organisations should remain grounded in the values, principles, and rules of road and r
Srinagar based NGO distributed ‘Covid-toolkits’ to corona patients, care takers attendants
Asia

Srinagar based NGO distributed ‘Covid-toolkits’ to corona patients, care takers attendants

Srinagar, Jammu and Kashmir, India: ‘Kashmir Care’ a Srinagar based Ngo has come up with a ‘Covid- toolkits’ to help out those affected by the Covid pandemic. These kits include basic items required by Covid patients as well as their caretakers such as oximeters, sanitizers, PPE kits, digital thermometers, N95 masks, surgical masks, face shields, etc. Dr. Sameena, who heads the NGO said, “Our basic aim is to educate the Covid-affected patients and their families on how important these equipment are for Covid-care. By handing over masks to the general public, we are trying to make them aware, and are also trying to break the chain of transmission”.Dr. Shahid, a member of Kashmir Care said, “These toolkits benefit all those Covid-positive who cannot afford to buy these necessities”.Sh
‘Blue Dot’ an alternative to China’s BRI
Asia, China

‘Blue Dot’ an alternative to China’s BRI

New York, US: In order to have an alternative to China’s Belt and Road Initiative, US President Joe Biden, along with the Japanese and Australian governments, are reviving the ‘Blue Dot Network’ infrastructure initiative. The Blue Dot Network was first announced during former President Donald Trump’s administration, and kicked off talks among stakeholders in Paris on Monday after a prolonged period of inactivity, reported Nikkei Asia. The initiative, which would certify projects meeting such standards as transparency and sustainability, is meant to galvanise the private sector to invest in infrastructure development in emerging markets. “The Blue Dot Network will be a globally recognized symbol of market-driven, transparent and sustainable infrastructure projects,” the Blue Dot N
Surveillance to increase the productivity of tech employees, forced to work long hours
Asia, Business, China

Surveillance to increase the productivity of tech employees, forced to work long hours

Beijing, China: In order to bring productivity-enhancing tools into everyday office life of techies in China, a software driven surveillance management and monitoring into their professional lives.Nikki Sun for Nikkei Asia writes that rapid technological development in China's tech industry is accompanied by poor labour regulations, which has created a potential for labour abuse. The big tech companies themselves, locked in cutthroat competition for new business opportunities, are pioneering these technologies and tools in their own operations.Andy Wang, an IT engineer at a Shanghai-based gaming company, said that a surveillance software called DiSanZhiYan, or "Third Eye" was installed on the laptop of every employee to track their screens in real time, recording their chats, browsing act...
Asian World Cup qualifiers to be moved from China to UAE
Asia, World

Asian World Cup qualifiers to be moved from China to UAE

KUALA LUMPUR, Malaysia (AP) — China’s COVID-19 travel restrictions have forced World Cup qualifying matches scheduled for the eastern city of Suzhou to be relocated to the United Arab Emirates. The Chinese Football Association issued a statement Monday saying the outbreak of infections in the Maldives and Syria meant both national teams would have to undergo strict quarantine after arriving in China, and couldn’t play as scheduled. The Asian Football Confederation confirmed in a statement Tuesday that the qualifying matches would be moved from China to the UAE. “The remaining seven matches in Group A, which comprises leaders Syria, China, Philippines, Maldives and Guam, will be held at the Sharjah Stadium, with the proposed match schedule to be confirmed soon after discussions with the
Army of fake fans boosts China’s messaging on Twitter
Asia, Opinion, World

Army of fake fans boosts China’s messaging on Twitter

BRUSSELS (AP) — China’s ruling Communist Party has opened a new front in its long, ambitious war to shape global public opinion: Western social media. Liu Xiaoming, who recently stepped down as China’s ambassador to the United Kingdom, is one of the party’s most successful foot soldiers on this evolving online battlefield. He joined Twitter in October 2019, as scores of Chinese diplomats surged onto Twitter and Facebook, which are both banned in China. Since then, Liu has deftly elevated his public profile, gaining a following of more than 119,000 as he transformed himself into an exemplar of China’s new sharp-edged “wolf warrior” diplomacy, a term borrowed from the title of a top-grossing Chinese action movie. “As I see it, there are so-called ‘wolf warriors’ because there are ‘wolfs’
Virus, Mideast turmoil stifle Eid al-Fitr celebrations
Asia, World

Virus, Mideast turmoil stifle Eid al-Fitr celebrations

JAKARTA, Indonesia (AP) — Muslims celebrated Eid al-Fitr in a subdued mood for a second year Thursday as the COVID-19 pandemic again forced mosque closings and family separations on the holiday marking the end of Ramadan. In the embattled Gaza Strip, the call to prayer echoed over pulverized buildings and heaps of rubble as Israeli warplanes continued to pound the territory in the worst outbreak of violence since the 2014 war. Hamas, the Islamic militant group ruling Gaza, urged the faithful to mark communal prayers inside their homes or the nearest mosques and avoid being out in the open. “It is all airstrikes, destruction and devastation,” said Hassan Abu Shaaban, who tried to lighten the mood by passing out chocolates to passersby. Worshippers wearing masks joined communal prayers i
Beekeepers of remote village of Rajouri seeks govt help to market honey
Asia, Business

Beekeepers of remote village of Rajouri seeks govt help to market honey

Rajouri, Jammu and Kashmir, India: several years ago, villagers of a remote village of Rajouri took up the work of beekeeping to increase their income, but today they are approaching government for the help to market their product.Farmers of the Dandesar village in Rajouri are hoping that the government will assist them in getting access to a suitable platform.The sarpanch of the village, Arshad Mehmood said that villagers have been facing difficulties in selling honey."The villagers have been demanding an increase in markets for selling honey. They work very hard round the year. Some people even produce large quantities of honey but have no place to sell it. Many villagers of Dandesar are poor," Mehmood told ANI.As many as 200 farmers in the village have around 2000 man-made hive boxes, ...
Thai agencies close in on RCEP approval
Asia, Business, Singapore, World

Thai agencies close in on RCEP approval

A file photo shows economic leaders on screen during the 4th RCEP Summit, part of the 37th Asean Summit in Hanoi, Vietnam in November of last year. The Regional Comprehensive Economic Partnership (RCEP) trade pact, the world's biggest free trade deal, is making good progress with Singapore and China already submitting their ratifications. According to Auramon Supthaweethum, director-general of the Trade Negotiations Department, other members are accelerating their internal processes, while three Thai state agencies are revving up issuance of related regulations for submission to the Asean Secretariat by October. The agreement was signed by 15 nations in Asia-Pacific including Thailand last November. It requires ratification from at least nine countries (at least six from Asean and three...