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The reverberations of mainland China's economic jolt are being felt worldwide from New York, to London, Frankfurt and Tokyo. It's the fear of a slowdown in the once supercharged Chinese economy, which has sent China's Shanghai Index market into a tailspin down over 20 percent in two weeks. The economic knock-on effect has been sobering since China, as the world's second-largest economy, has been a driver of global growth and commerce.
2015/8/29
On Aug. 11, the People's Bank of China set the trading range of the yuan about 1.9 percent lower against the U.S. dollar, allowing the currency to float at a more market-driven level against the greenback. In the week ended Aug. 15, the yuan depreciated by nearly 4 percent.
2015/8/29
"The United States is behind the increase in divorce rates in Pakistan."
2015/8/28
Thailand is bidding to become a plastic-bag-free nation. As part of an agreement between traders and the government, on the 15th of each month, shoppers will not be given any plastic bags at supermarkets, convenience stores or large malls. The aim to encourage them to bring their own reusable bags.
2015/8/28
The Straits Times reported last week that Singapore Airlines (SIA) may shut its flying school, the Singapore Flying College in Seletar, as part of an overall review of its pilot training program.
2015/8/28
Although the rare cross-border talks brought the two Koreas away from the brink of an armed clash Tuesday, concerns persist over whether the development would effectively end what South Korea terms the "vicious cycle" of North Korean provocations.
2015/8/27
It is a relief that South and North Korea reached an agreement to defuse the crisis that had brought the two sides close to a serious armed conflict.
2015/8/27
Hong Kong is panicking at the discovery that the drinking water supply at several of its housing estates is contaminated, with samples showing lead that exceeds the World Health Organization's guideline of 10 micrograms per liter.
2015/8/26
Somewhere, in between all the politics of the state, we have forgotten the one thing that binds us all together – humanity.
2015/8/26
With the media fixated on Singapore's upcoming general election, few people outside the financial markets have paid much heed to mainland China's recent move to ditch its "soft" peg to the U.S. dollar.
2015/8/25
  
  
  
  
  
  
  
  
  
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