Malaysia Keeps Key Rate Unchanged on Slowing Inflation
Malaysia kept its benchmark interest rate unchanged for a third straight meeting on Thursday, as cooling price pressures
2023-11-02 15:57
Five SMBC Debt Capital Markets Bankers Leave Hong Kong Office
SMBC Nikko Securities Inc.’s head of capital markets APAC ex-Japan and four of the firm’s other bankers have
2023-11-02 15:53
Saudi Budget Deficit Blows Out to $9.5 Billion as Revenues Slip
Saudi Arabia posted a budget deficit in the third quarter that was almost seven times larger than in
2023-11-02 15:28
Eskom Says Its Coal Pollution Kills 330 South Africans a Year
South African state power utility Eskom Holdings SOC Ltd. said pollution from its coal-fired plants that supply more
2023-11-02 15:23
Investcorp Capital’s Abu Dhabi IPO to Raise Up to $403 Million
Investcorp Capital Plc, an investment vehicle backed by the Middle East’s biggest alternative asset manager, is looking to
2023-11-02 13:53
Shrinking Czech Economy May Greenlight Rate Cuts
Czech central bankers may announce their first interest-rate cut in more than three years as a swift retreat
2023-11-02 13:50
North Korea likely sent more than million artillery shells to Russia, says South Korea’s spy agency
North Korea has shipped more than a million artillery shells to Russia since August to aid Vladimir Putin’s war on Ukraine, according to a lawmaker in South Korea. The artillery shells were sent to Russia through ships and other transport means since early August, said lawmaker Yoo Sang-bum, citing an intelligence briefing. The short-range arms will last for about two months, he said. The South Korean National Intelligence Service (NIS), which held the briefing, also believes the Kim Jong-un regime is operating its munitions factories at full capacity to meet Moscow’s arms demands. The hermit kingdom is also mobilising its citizens to increase production, the South Korean lawmaker said. North Korea also likely dispatched weapons experts to Russia in October to counsel Moscow’s officials on how to use the weapons. The signs of increased partnership come shortly after Mr Putin and Mr Kim met in east Russia in September, igniting speculation that North Korea will soon assist Moscow in its continuing invasion of Ukraine. The US and South Korea have speculated that the two nations have entered an arms arrangement to provide Russia with badly needed munitions in exchange for advanced Russian technologies that can strengthen North Korea’s nuclear-armed military. Experts also pointed out that the two leaders’ much-publicised meeting at Russia’s Vostochny Cosmodrome, a major satellite launch facility, was a sign that Mr Kim seeks Russian technology assistance for its spy satellite programme. They said such a quid pro quo arrangement between the countries can help Russia rebuild its artillery stock without facing a lull on the battlefield in Ukraine. Pyongyang and Moscow have, however, rejected claims by the US and South Korea. Officials in South Korea are concerned the arrangement could benefit North Korea with sensitive Russian technologies and boost Mr Kim’s nuclear weapons and missiles programme. The NIS believes it is more likely that Russia’s help will be limited to conventional capabilities, possibly to help North Korea improve its ageing fighter aircraft fleet, Mr Yoo said. He said North Korea is possibly getting Russia’s technological help for a military reconnaissance satellite after consecutive launch failures. The North’s latest attempt at launching a spy satellite in October had failed to materialise. Mr Yoo said the South Korean spy agency believes North Korea is now in its final phase of preparations for the third launch of the spy satellite which is more likely to be successful. In a joint statement, the US, South Korea and Japan strongly condemned what they described as North Korea’s supply of munitions and military equipment to Russia, saying such weapons shipments sharply increase the human toll of Russia’s aggression in Ukraine. It came days after Russian foreign minister Sergei Lavrov rejected US claims that his country received munitions from North Korea as he returned from a two-day trip to Pyongyang. Read More North Korea has likely sent missiles as well as ammunition and shells to Russia, Seoul says Putin’s warplanes ‘drop bombs’ on civilian shipping lanes as Kyiv advances - live Putin is expected to seek reelection in Russia, but who would run if he doesn't? Israeli envoy to Russia says Tel Aviv passengers hid from weekend airport riot in terminal South Korea's spy agency says North Korea shipped more than a million artillery shells to Russia If Putin dies, this is what would happen in Russia
2023-11-02 13:48
Ukraine-Russia war – live: Putin’s warplanes ‘drop bombs’ on civilian shipping lanes as Kyiv troops advance
Vladimir Putin’s warplanes have dropped “explosive objects” into the paths of civilian shipping lanes in the Black Sea, the region’s military command said. “The occupiers are continuing to terrorise the paths of civilian shipping in the Black Sea with tactical aviation, dropping explosive objects into the likely paths of civilian vessel traffic,” it said. “There were three such drops registered in the last 24 hours. However, the navigation corridor continues to function under the watch of the defence forces.” Ukraine is trying to build up a new shipping lane without Russian approval to revive its vital seaborne exports. But Russia said it would consider any vessel a potential military target after it quit UN-brokered deal allowing Ukrainian goods to pass through. It comes as Ukrainian troops have made confirmed advances against Russia on two fronts, according to the Institute for the Study of War. “Geolocated footage posted on 30 October shows that Ukrainian forces have advanced northeast of Kurdyumivka (10km southwest of Bakhmut),” it said. Ukrainian forces have also “marginally advanced” west of Robotyne, Zaporizhzhia, according to geolocated footage seen by the think tank. Read More Ukraine suffers most intense bombardment of Russian shelling in a single day this year, Kyiv says North Korea likely sent more than million artillery shells to Russia, says South Korea’s spy agency Putin is expected to seek reelection in Russia, but who would run if he doesn't?
2023-11-02 13:45
Hong Kong Holds Rate as Fed Signals End to Tightening Cycle
The Hong Kong Monetary Authority maintained its base rate at 5.75% on Thursday after the US Federal Reserve
2023-11-02 13:20
A Record Number of Firms Are Going Public in India This Year
A record number of small- and medium-sized companies going public amid an equities rally has made India one
2023-11-02 12:48
Texas Rangers World Series gear: Where to buy shirts, hats and more
The Texas Rangers are World Series champions! Here is how to buy their World Series hats and shirts, courtesy of the official suppliers.
2023-11-02 12:46
Texas Rangers fans lose their minds after first World Series title in franchise history
Zordon, mission accomplished. The Power Rangers have finally saved the world! For the first time ever, Dallas, Texas, stands atop the baseball world.
2023-11-02 12:26