China announces sweeping steps to stabilise crisis-hit property sector

China on Friday announced some of its most sweeping measures yet to stabilise the crisis-hit property sector, allowing local governments to buy “some” apartments, relaxing mortgage rules and pledging further efforts to deliver unfinished homes. Earlier in the day, fresh data showing the fastest drop in new home prices in more than nine years highlighted […]

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Malaysia’s economy grows faster than expected, inflation risks cloud outlook

Malaysia’s economy grew faster than expected in the first quarter of 2024, helped by household spending and a turnaround in exports, though some analysts said the rebound could be short-lived with price pressures set to increase. Gross domestic product rose 4.2% in the January-March period from a year earlier, central bank and government data showed […]

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Cost of doing business with Iran? US warns Pakistan of sanctions risk

By Abid Hussain Islamabad, Pakistan – The United States has warned Pakistan of the risk of sanctions after it promised greater security and economic cooperation with Iran during a visit by President Ebrahim Raisi. The first Iranian president to visit the South Asian country in eight years, Raisi concluded his three-day trip on Wednesday as […]

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What happens when activists are branded ‘terrorists’ in the Philippines?

By Michael Beltran Baguio, Philippines – Inside an unlit bathroom, Windel Bolinget gently tips a pail of water over his head, careful to minimise the sound of splashing on the tiled floor. A well-known activist leader in the mountainous Cordillera region in the northern Philippines, the 49-year-old spends most of his days between several undisclosed […]

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Yemen’s Houthis launch attacks on US, Israeli vessels as warships defend

Yemen’s Iran-aligned Houthi armed group says it attacked US and Israeli vessels, with a Western coalition of warships defending amid the continuing fallout from the war on Gaza. Yahya Saree, the group’s military spokesman, said in a video address late on Wednesday that the Houthis hit the Maersk Yorktown cargo ship in the Gulf of […]

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South Korea’s economic growth beats forecast as exports rise

South Korea’s economic growth accelerated more than expected in the last quarter as exports recovered and construction investment rebounded, brightening prospects for President Yoon Suk-yeol after an election setback that threatens his economic initiatives. Gross domestic product advanced 1.3 per cent in the three months to March versus the previous quarter, the Bank of Korea […]

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Malaysia helicopter crash victims’ children to get 1,000 ringgit each, plus other aid: education ministry

SINGAPORE: All 21 children of the 10 naval personnel killed in Malaysia’s twin helicopter crash on Tuesday (Apr 23) will receive RM 1,000 (US$210) each, on top of other education support, said Minister of Higher Education Zambry Abdul Kadir. Speaking to reporters on Wednesday evening after visiting one victim’s family, Dr Zambry also said any […]

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World Explorer’s Verdict: ‘Singapore Reigns as Ultimate Place to Call Home,’ Says US Adventurer After Visiting 193 Nations

By AMIERUL RASHID Having travelled solo to 193 countries in the world, YouTuber The Krazy Koala, or KK for short, declared Singapore “the best country to live in”. The Singapore Permanent Resident (PR), who hails from the US, has been living here for the past seven years, and it sounds like she’s not leaving anytime […]

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