Date
15 August 2018

World

  • Chinese technology firms are fully capable of competing with foreign players, says Baidu's Robin Li, amid talk that Google could re-enter the China market. Photo: Bloomberg

    Google vs Baidu Round 2

    - Aug 9, 2018 12:48pm
    If you want success, do not compete with Google. That is the street wisdom, reflecting the belief that taking on the operator of world’s largest search engine can only be a losing game. Given this, how...
  • Liechtenstein has preserved many of the traditions of a typical medieval European royal court. Photo: www.liechtenstein.li

    Why mainland visitors flock to Liechtenstein

    - Aug 9, 2018 12:21pm
    I recently visited the tiny landlocked European country of Liechtenstein, which is only about twice the size of Hong Kong Island with a population of a little over 30,000, but which has risen to the top three...
  • Heeding Xi Jinping's call to boost national energy security, Chinese oil and gas giants have pledged to boost exploration and production activities. Photo: Bloomberg

    China state firms vow to boost domestic oil, gas exploration

    Aug 9, 2018 9:16am
    China’s state-owned energy giants pledged to expand domestic oil and gas exploration and production, with a particular focus on natural gas supplies, following a call from President Xi Jinping to boost national energy security, Reuters reports....
  • New regulations on ride-hailing services will help ease traffic congestion on New York streets, the city's mayor Bill de Blasio said. Photo: Reuters

    New York City votes to cap Uber, Lyft vehicle licenses

    Aug 9, 2018 8:56am
    The New York City Council on Wednesday voted to cap the number of licenses for ride-hailing services for one year, dealing a blow to firms such as Uber and Lyft, Reuters reports. The first such cap...
  • China is following through on its threat to retaliate with equivalent tariffs against any US trade action. Photo: Reuters

    China to slap additional tariffs on US$16 bln of US goods

    Aug 9, 2018 8:36am
    China is imposing additional tariffs of 25 percent on US$16 billion worth of US goods, including steel products, autos and medical equipment, in a tit-for-tat move as a trade war between the two sides escalated. The tariffs...
  • Chinese leader Xi Jinping is said to consider moves to peacefully resolve the Korean Peninsula nuclear issue as one of the battles he has won on the diplomatic front. Photo: Reuters

    China claims victory on Korean nuclear issue

    - Aug 9, 2018 8:31am
    At a time when much of the world is concerned about how to implement the denuclearization agreement reached between US President Donald Trump and North Korean leader Kim Jong-un on June 12 in Singapore, China is...
  • Jinjiang, which relies heavily on low-end manufacturing to support its economy, is among the Chinese cities that will feel the pinch from the Sino-US trade war. Photo: China Daily

    Li Zhanshu’s Fujian visit was no routine local inspection trip

    - Aug 8, 2018 12:19pm
    Li Zhanshu, a member of the Politburo Standing Committee of the Communist Party of China (CPC) and the current chairman of the National People’s Congress Standing Committee (NPCSC), paid a visit to various cities in the...
  • After imposing new sanctions on Iran, Donald Trump warned global firms against doing business with Tehran. Photo: Reuters

    Firms doing business with Iran will be barred from US: Trump

    Aug 8, 2018 9:14am
    Companies doing business with Iran will be barred from the United States, President Donald Trump said on Tuesday, as new US sanctions took effect on Tehran despite pleas from Washington’s allies, Reuters reports. “These are the...
  • After imposing tariffs on US$34 billion in Chinese goods last month, the US has announced a further list of imports that will be subject to 25% duties. Photo: Bloomberg

    US finalizes next China tariff list targeting US$16 bln imports

    Aug 8, 2018 8:56am
    The United States will begin collecting 25 percent tariffs on another US$16 billion in Chinese goods on August 23, the US Trade Representative’s office said on Tuesday as it published a final tariff list targeting 279...
  • International economic institutions such as the World Trade Organization have long served as platforms for member states to adopt shared rules. Photo: Reuters

    Global politics for a globalized economy

    - Aug 8, 2018 8:30am
    From the end of World War II to the mid-2010s, economic globalization progressed relentlessly through expanded trade, proliferating capital flows, faster (and cheaper) communication, and, to a lesser extent, human migration. Yet, even as these linkages...
  • A growing personality cult in China’s current leadership is stoking fears of a return to the Maoist era. Photo: Bloomberg

    How social conscience prompted a China scholar to speak out

    - Aug 7, 2018 1:36pm
    As China witnesses a massive return to the ultra-leftist track under President Xi Jinping, the moral courage as well as the social conscience of mainland intellectuals and academics are being severely tested. While the majority of...
  • A meme juxtaposing the images of Winnie the Pooh and Tigger with Xi Jinping and Barack Obama has been banned from Chinese social media. Photo: Internet

    An imagined letter from Winnie the Pooh to President Xi

    - Aug 7, 2018 1:05pm
    Dear President Xi Jinping, I am writing to beg you to reconsider your gatekeepers’ decision to ban Christopher Robin, my 13th movie, in your country. I have always felt proud to be identified with you –...
  • Liaoning authorities have ordered emergency inspections on all pig farms, hog markets and slaughterhouses in the province amid swine flu worries. Photo: Bloomberg

    Liaoning orders emergency farm inspections amid swine flu scare

    Aug 7, 2018 9:22am
    China’s Liaoning province will step up inspections at pig farms and markets and strengthen the monitoring of hog transportation, after the nation’s first African swine fever case was reported there, Reuters reports, citing local media. The...
  • Singapore's Communications and Information Minister S. Iswaran said the government will not disclose the attackers’ identity for security reasons. Photo: Bloomberg

    Singapore says cyber attack has hallmarks of state-linked group

    Aug 7, 2018 9:20am
    Singapore’s worst cyber attack in its history, in which personal information of about 1.5 million people including Prime Minister Lee Hsien Loong was stolen, has the hallmarks of a state-linked group, Reuters reports, citing a cabinet...
  • Environmental concerns among the public have forced many cities in northeast China to cancel planned alumina ventures. Photo: Bloomberg

    More northeast China cities scrap alumina projects

    Aug 7, 2018 8:39am
    Four more cities in China’s Liaoning province have abandoned their pursuit of alumina projects due to public environmental concerns, Reuters reports. After Chaoyang last week scrapped plans to build the world’s biggest alumina refinery, the cities...
  • Be it fintech or healthcare, technology has to connect and collaborate in a broad ecosystem for long-term gains. Photo: Reuters

    Tech startups: Services, ecosystem hold the key

    - Aug 6, 2018 11:40am
    David Rowan, former editor-in-chief of Wired magazine’s UK edition, delivered a speech at the Digital Innovation Forum 2018 in Taiwan last month. During his address, Rowan shared a number of key points for new start-ups. For...
  • Many Chinese football fans regard the Japanese national team as a role model for being able to compete at the highest level. Photo: Reuters

    Why Chinese fans supported Japan in World Cup

    - Aug 6, 2018 11:37am
    China and Japan have not been the best of neighbors, considering the history they share. Lately, however, there’s been a rapprochement between the two countries, especially after China’s foreign minister visited Japan in April. The stronger...
  • Following a run on the rial amid fears over the impact of US sanctions, Iran has announced some measures in a bid to halt the currency's slide. Photo: Bloomberg

    Iran eases forex rules in bid to buoy rial ahead of US sanctions

    Aug 6, 2018 9:00am
    Iran has eased foreign exchange rules in a bid to halt a collapse of the rial currency that has lost half its value since April due to fears about US sanctions likely to be imposed this...
  • Patients are seen outside a government hospital near Denpasar, Bali, Indonesia on Sunday following a strong earthquake on nearby Lombok island. Photo: Reuters

    At least 82 dead after powerful quake hits Indonesia’s Lombok

    Aug 6, 2018 8:40am
    At least 82 people were killed when Indonesia’s resort island of Lombok was hit by a magnitude 7.0 earthquake on Sunday, Reuters reports. The powerful quake triggered panic among tourists and residents, and was also felt...
  • (From left) Intelligence Director Dan Coats, National Security Advisor John Bolton, FBI chief Christopher Wray, NSA head Paul Nakasone and Homeland Security chief Kirstjen Nielsen hold a press briefing at the White House on Thursday. Photo: Reuters

    Trump team says Russia behind effort to meddle in US elections

    Aug 3, 2018 8:51am
    US President Donald Trump’s national security team said Russia is behind “pervasive” attempts to interfere in upcoming US elections, in a rejection of denials of meddling that Russian President Vladimir Putin made directly to Trump, Reuters reports....

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