What is behind the decline in fuel oil prices in the world market?

Due to reduced demand in China, the price of fuel oil has decreased in the world market. According to the US Energy Information Administration, the country produced 3.7 million barrels less crude oil last week. Demand for crude oil has fallen as economic growth in China, a major importer, has been hampered, Reuters reported on […]

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Has Singapore’s ‘town council strategy’ to hamstring opposition parties run its course?

After years of acrimony, thousands of man-hours and millions of dollars spent, a long, complex legal battle brought by two town councils against Singapore’s largest opposition party ended in a settlement this week, leaving several questions unanswered but few voters seem to care, say observers. The legal suit that had its early antecedents after the […]

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China’s foreign trade maintains momentum with fresh shifts

by Xinhua writers Wang Nan, Zhou Siyu BEIJING, July 26 (Xinhua) — China’s foreign trade volume reached a new high in the first half of this year, showing strong resilience and a steady upward momentum despite the challenging external environment. China’s strong manufacturing capabilities, along with its burgeoning consumer market, technological advancements and favorable trade […]

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China-Kazakhstan logistics base crucial for trade between Central Asian countries

An aerial drone photo shows the China-Kazakhstan (Lianyungang) Logistics Cooperation Base in Lianyungang, east China’s Jiangsu Province, July 25, 2024. Kazakhstan, the world’s largest landlocked country, has found a vital connection to the sea through the China-Kazakhstan (Lianyungang) Logistics Cooperation Base, established in 2014. This partnership has significantly enhanced the infrastructure cooperation between China and […]

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Philippines orders foreign workers in offshore gaming hubs to leave in 2 months

Marcos has banned Philippine Offshore Gaming Operators (POGOs) for their alleged links to crimes, human trafficking and financial scams, and gave the gaming regulator until the end of the year to shut down these businesses The Philippines has ordered foreigners working in offshore gambling firms to leave the country in two months’ time, its immigration […]

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Malaysia seeking social media platforms’ commitment to tackle cybercrimes

Malaysia is seeking the commitment of social media platforms to address cybercrimes, ranging from scams, cyberbullying and harmful content involving minors, Communications Minister Fahmi Fadzil said on Wednesday. “There are platforms that are more willing to cooperate (with the government) and there are those that aren’t,” he told a regular media briefing. Fahmi said Meta […]

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Pakistan has waived the visa fee of 126 countries

Pakistan has made major changes in its visa policy to attract global tourists and investment. In a federal cabinet meeting on Wednesday, Prime Minister Shahbaz Sharif decided to waive visa fees for 126 countries to attract businessmen, investors and tourists. What is being called as ‘Quantum Jump’ in Pakistan. Pakistan has relaxed the visa policy […]

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The United States has warned its citizens against traveling to Jammu-Kashmir, Manipur

The United States has issued special travel warnings for US citizens to several places in India, including the states of Jammu and Kashmir and Manipur. Citizens of the country have been advised not to travel to those places. The US has already warned its citizens not to travel to several parts of India due to […]

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Pakistan’s finance minister in Beijing to seek debt relief, say sources

By Asif Shahzad ISLAMABAD, July 25 (Reuters) – Pakistan’s Finance Minister Muhammad Aurangzeb arrived in Beijing on Thursday for talks on power sector debt relief alongside structural reforms suggested by the International Monetary Fund, two government sources said. He held a meeting with his Chinese counterpart in Beijing, they said, and is leading a delegation, […]

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Afghan copper mine holds promise for Taliban, tempered expectations for China

By Laura Zhou After 16 years of delays due to war, a groundbreaking ceremony for what will be the world’s second largest copper mine was held on Wednesday between China and Afghanistan. State-owned China Metallurgical Group Corporation (MCC) started construction on a 25km (15.5 mile) road to the Mes Aynak Copper Mine, one of the […]

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