Philippines begins siphoning fuel oil from sunken tanker
Manila, Aug 14 – The Philippine Coast Guard (PCG) on Wednesday said that Philippine divers have started siphoning industrial fuel oil (IFO) from an oil tanker that sank off Bataan province, west of Manila, on July 25. The tanker, MTKR Terranova, carrying 1.4
Tokyo stocks end higher tracking Wall Street gains
Tokyo, Aug 14 – Tokyo stocks closed higher on Wednesday as confidence was bolstered by gains of stocks in the US market overnight. Japan’s benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended up 209.92 points, or 0.58 per cent, from Tuesday
40 per cent of Biden’s major IRA manufacturing projects delayed: Report
Washington, Aug 14 – About 40 per cent of “the biggest US manufacturing investments” announced in the first year of US President Joe Biden’s acts to strengthen its cleantech and semiconductor supply chain have been delayed or paused, a media report said. The
South Korea, UK discuss bilateral economic cooperation
Seoul, Aug 14 – South Korea’s Industry Minister Ahn Duk-geun has discussed ways to develop bilateral economic cooperation with his British counterpart, officials said on Wednesday. Ahn Duk-Geun held a virtual meeting with his British counterpart, Jonathan Reynolds, to discuss various economy-related agendas,
New Zealand eases level of monetary policy restraint
Wellington, Aug 14 – New Zealand’s central bank eased the level of monetary policy restraint by reducing the official cash rate (OCR) by 25 basis points to 5.25 per cent on Wednesday due to eased inflation. New Zealand’s annual consumer price inflation is
Japan PM Kishida to withdraw from party leadership race
Tokyo, Aug 14 Japanese Prime Minister Fumio Kishida said on Wednesday that he will not run in the ruling Liberal Democratic Party’s presidential election next month, according to media reports. While addressing a press conference here at the Prime Minister’s office, Kishida said
UK Police arrest 1,000 people following riots
London, Aug 14 More than 1,000 people have been arrested by the UK Police in connection with the riots involving violence, arson and looting as well as racist attacks which took place over the last two weeks in Britain, officials said on Tuesday.
Far-right Israeli minister makes provocative visit to Al-Aqsa Mosque compound
Jerusalem, Aug 14 – Israel’s far-right National Security Minister Itamar Ben-Gvir made a provocative visit to the Al-Aqsa Mosque compound, a sensitive site in East Jerusalem, sparking widespread condemnation. In video footage released by his office on Tuesday, Ben-Gvir is seen accompanied by
Harris and Trump to face off in prime-time debate on September 10
On Thursday, former President Donald Trump announced his intention to engage in three debates with his Democratic rival, Kamala Harris, across different television networks. This move comes as part of his campaign strategy to present his positions and challenge Harris on various issues
Kamala Harris announces Minnesota Governor Tim Walz as her running mate for the upcoming election
Vice President Kamala Harris has officially named Minnesota Governor Tim Walz as her running mate for the upcoming presidential election. In her announcement on X (formerly Twitter), Harris praised Walz’s extensive and varied experience, highlighting his roles as a schoolteacher, military veteran, U.S.
EAM Jaishankar to visit Maldives as both countries look at mending strained ties
External Affairs Minister (EAM) S. Jaishankar will pay an official three-day visit to Maldives starting Friday as both countries look afresh at ties following a strained relationship since President Mohamed Muizzu came to power in the strategically significant Indian Ocean archipelago, last year.
India, US working to ‘shape the future’, write Blinken, Austin
US Secretary of State Antony Blinken and Secretary of Defense Lloyd Austin in a joint Op-ed have described the Biden administration’s Indo-Pacific strategy as a latticework of bilateral and multilateral ties in which the US and India are “investing together across sectors that
Sheikh Hasina lands at Hindon Air Base as protesters unleash mayhem in Dhaka
New Delhi, Aug 5 - Bangladesh leader Sheikh Hasina landed at the Hindon Air Base in Ghaziabad on Monday, hours after resigning as the country's Prime Minister and leaving Dhaka en route Delhi.
Indian Railways suspends all train operations to Bangladesh
New Delhi, Aug 5 - Indian Railways on Monday suspended all train operations to Bangladesh amid the unrest in the neighbouring country.
BSF on high alert along Indo-Bangla border amid turmoil in B’desh
Agartala, Aug 5 - Amid turmoil in Bangladesh, a high alert has been sounded in India's bordering areas with the neighbouring nation where the situation has become extremely volatile following protests over a quota-related issue.
Angry protesters set Home Minister’s residence on fire in Dhaka
Dhaka, Aug 5 - Local media in Bangladesh reported on Monday that "thousands of protesters" have vandalised the residence of the country's Home Minister Asaduzzaman Khan Kamal in Dhanmondi, an upscale area in Dhaka, following the resignation of Prime Minister Sheikh Hasina.
India will not be a formal ally of the US but can have strong ties on the global stage, says Campbell
Deputy Secretary of State Kurt Campbell has stated that India will “never be a formal ally or partner” of the United States, emphasizing that while India is a major power with its own interests and beliefs, the two nations can still cultivate a
Sri Lanka’s economic recovery continues: IMF
Colombo, Aug 2 - Sri Lanka's economic recovery continues with real gross domestic product (GDP) posting three consecutive quarters of expansion, and growth accelerating to 5.3 per cent year-on-year in the first quarter of 2024, the International Monetary Fund (IMF) said on Friday.
Israel furious after Turkish flag flies half-mast in Tel Aviv post Hamas leader Haniyeh’s death
Tel Aviv, Aug 2 - Israeli Foreign Minister Israel Katz on Friday ordered his ministry to summon Turkey's Deputy Turkish Ambassador in the country and issue a "severe reprimand" for lowering of the Turkish flag to half-mast at the Turkish Embassy in Tel
Regional conference in Thailand explores digital economy cooperation
Bangkok, Aug 2 - Policymakers, industry executives, representatives of associations and experts gathered in Thailand's capital to share insights on digital economy cooperation and development in Southeast Asia at a regional conference.