24 June 2017


  • A man waves a Greek flag during an anti-government rally outside the Greek parliament building in Athens. Greece is under the shadow of a huge debt overhang. Photo: Reuters

    An IMF bridge to somewhere for Greece?

    Jun 23, 2017 5:00pm
    The International Monetary Fund has resurrected an old technique – commonly used in the 1980s during the Latin American debt crisis – that would allow Greece to avoid a payment default next month on debt owed...
  • File photo of Choi Soon-sil, a long-time confidante of ousted South Korean president Park Geun-hye. Photo: Reuters

    Friend of former South Korea leader jailed for three years

    Jun 23, 2017 12:39pm
    The friend of former South Korean leader Park Geun-hye, who was at the center of an influence-peddling scandal that rocked the country’s business and political elite, has been sentenced to three years in jail, Yonhap News...
  • The downside of government intervention should be obvious to everyone. But that has not stopped politicians such as US President Donald Trump from proposing interventionist and protectionist policies. Photo: Bloomberg

    Donald Trump’s trade knowledge deficit

    Jun 23, 2017 9:24am
    As a longtime champion of liberty and free trade, it is not surprising that the United States enjoys one of the highest standards of living in the world. But unless its policymakers act soon, the US...
  • File picture of Chicago's O'Hare International Airport. Kevin Patrick Mallory failed to disclose US$16,500 stashed in his carry-on luggage upon his return from Shanghai in April. Photo: Wikimedia Commons

    US man charged with passing top-secret papers to Chinese agents

    Jun 23, 2017 9:02am
    A former US defense contractor has been charged with transmitting top-secret documents to Chinese agents in exchange for thousands of dollars in cash. Kevin Patrick Mallory, 60, of Leesburg, Virginia, came to the attention of authorities...
  • EU leaders have been dismissive of British Prime MInister Theresa May's call for sweeping and quick guarantees for expats, including over a million Britons on the continent.
Photo: Reuters

    EU leaders skeptical about May’s Brexit offer

    Jun 23, 2017 8:30am
    Theresa May is offering EU leaders a “fair” deal for compatriots living in Britain after Brexit, although her peers sounded skeptical and demanded more detail, Reuters reports. Given the floor for 10 minutes at the end...
  • File picture of an AP-3C Orion aircraft which the Australian Defense Force will send to the Philippines. Photo: Wikipedia

    Australia spy planes to join fight against IS in Philippines

    Jun 23, 2017 7:58am
    Australia’s defense force said on Friday it will send two military surveillance aircraft to assist Philippine soldiers fighting Islamist militants, as the archipelago nation battles to regain control of its southern city of Marawi, Reuters reports....
  • File picture of a submarine-launched ballistic missile test by North Korea on April 23 last year. Photo: KCNA/AFP

    North Korea tests rocket engine in ICBM push: US official

    Jun 23, 2017 7:45am
    North Korea has carried out another test of a rocket engine that the United States believes could be part of its program to develop an intercontinental ballistic missile, a US official told Reuters. The US assessed...
  • A video grab showing the destroyed Grand al-Nuri Mosque in Mosul on Wednesday. Photo: Iraqi Military Handout/Reuters

    IS blows up Mosul mosque where it declared ‘caliphate’

    Jun 22, 2017 8:27am
    Islamic State militants blew up the Grand al-Nuri Mosque of Mosul and its famous leaning minaret, Reuters reports, citing an Iraqi military statement, as Iraqi forces seeking to expel the group from the city closed in...
  • Thailand's King Maha Vajiralongkorn is a regular visitor to Bavaria. Photo: Xinhua

    Teenager probed for shooting toy gun at Thai king in Germany

    Jun 22, 2017 8:07am
    German prosecutors said they were investigating a 14-year-old boy suspected of shooting plastic bullets from a toy gun at the King of Thailand who was cycling near Munich late one evening earlier this month. The king...
  • US Secretary of State Rex Tillerson (right) and Defense Secretary James Mattis hold a press conference following talks with their Chinese counterparts at the State Department in Washington on Wednesday. Photo: Reuters

    In high-level talks, US asks China to do more to rein in N Korea

    Jun 22, 2017 7:58am
    The United States pressed China to exert more economic and diplomatic pressure on North Korea to help rein in its nuclear and missile programs during a round of high-level talks in Washington on Wednesday. The meeting...
  • British productivity was 9 percent below the OECD average in 2007. By 2015, that gap widened to 18 percent. Photo: Bloomberg

    Understanding the productivity puzzle

    - Jun 21, 2017 5:00pm
    In all major economies, the so-called productivity puzzle continues to perplex economists and policymakers: output per hour is significantly lower than it would have been had the pre-2008 growth trend continued. The figures are stark, particularly...
  • Following his elevation as crown prince, Mohammed bin Salman (seen here in a file photo) is now the next in line for the Saudi throne. Credit: Reuters

    Saudi king names son as heir to throne

    Jun 21, 2017 4:47pm
    Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman was elevated to crown prince on Wednesday, replacing his cousin, a move that confirms the 31-year-old as next ruler of the oil-rich kingdom. According to a royal decree,...
  • A child cools off from the heat at the Miroir d'Eau (Mirror of Water) in Nantes as unusually high temperatures hit France on Tuesday. Photo: Reuters

    Extreme heat grips Northern Hemisphere on summer solstice

    Jun 21, 2017 4:43pm
    Extreme heat across large tracts of the Northern Hemisphere raised fears for crops in China, fueled forest fires in Portugal and Russia’s Far East, forced flight cancellations in the Southwest United States, and melted tarmac on...
  • Russian President Vladimir Putin (right) is greeted by Brazilian football legend Pele during the launch of the Confederations Cup in St. Petersburg last Saturday. Photo: Reuters

    Trump factor silences Russia concerns as Confed Cup kicks off

    - Jun 21, 2017 12:49pm
    You may not have noticed it, but FIFA’s Confederations Cup has just kicked off in Russia. The Confed Cup, as it is commonly called, is the football world governing body’s prelude to its staging of the...
  • Daniel Day-Lewis won his third Oscar in 2013 for his performance as the American president in the movie Lincoln. Photo: Internet

    Hollywood star Daniel Day-Lewis retires from acting

    Jun 21, 2017 10:28am
    Hollywood actor Daniel Day-Lewis, 60, has announced his retiremement from acting. “Daniel Day-Lewis will no longer be working as an actor,” The New York Times quoted spokeswoman Leslee Dart as saying in a statement released on...
  • Sinn Fein president Gerry Adams has warned the marriage between the Tory Party and the DUP may threaten peace in Northern Ireland. Photo: Reuters

    Why Tory-DUP marriage might reignite Northern Ireland tension

    - Jun 21, 2017 9:19am
    Not only has the Tories’ defeat in the recent British snap election caused anger and disaffection against Prime Minister Theresa May among the party, her decision to seek a partnership with the Democratic Unionist Party of...
  • A fire is seen at the Brussels Central Station on Tuesday. Photo: Twitter/@remybonnaffe/Reuters

    ‘Terrorist’ bomber shot dead in Brussels railway station

    Jun 21, 2017 9:16am
    (Updated; first posted at 7:35 a.m.) Belgian counter-terrorism police are probing the identity of a suspected suicide bomber shot dead by troops guarding a Brussels railway station after he set off explosives that failed to injure...
  • Venezuela's Foreign Minister Delcy Rodriguez speaks at a news conference on the sidelines of the OAS's 47th general assembly in Cancun, Mexico on Tuesday. Photo: Reuters

    12 OAS nations slam Venezuela over deepening crisis

    Jun 21, 2017 8:18am
    Governments from across the Americas on Tuesday chastised Venezuela’s socialist leadership for its handling of a political and economic crisis, prompting the OPEC nation’s foreign minister to call the critics “lapdogs of imperialism”. The United States,...
  • US President Donald Trump has been leaning heavily on Chinese leader Xi Jinping for his assistance on North Korea. Photo: AFP

    Trump: China tried but failed to help on North Korea

    Jun 21, 2017 8:09am
    US President Donald Trump said Chinese efforts to persuade North Korea to rein in its nuclear program have failed, Reuters reports. Trump had held high hopes for greater cooperation from China to exert influence over North Korea,...
  • Theresa May may have to abandon her ill-considered alliance with the Democratic Unionist Party in Ulster and side more emphatically with the Tories of Scotland, who are keen on a softer version of Brexit. Photo: Reuters

    Brexit in reverse?

    - Jun 20, 2017 5:00pm
    Economic reality is beginning to catch up with the false hopes of many Britons. One year ago, when a slim majority voted for the United Kingdom’s withdrawal from the European Union, they believed the promises of...

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