Philippines peso sinks to a new record low at 59 to USD
MANILA, Oct 3 (XINHUA/APP): The Philippine peso slid to a new record low to the U.S. dollar, closing at 59 pesos on Monday, according to data from the Bankers Association…
Taiwan reaches out to India
Taipei’s de-facto ambassador to India calls for “strategic collaboration” Taiwan’s representative Baushuan Ger has praised India as a protector of democracy, who always stands up for justice, peace and stability…
Beijing orders state banks to get ready for massive dollar dump – Reuters
The Chinese authorities are reportedly striving to shore up the yuan China has told state-run financial institutions to prepare to sell off their dollar holdings while stocking up on offshore…
Russia blames the west for Nord Stream Blasts, calls it ‘Int’l Terrorist Act’
The scale of destruction at the Nord Stream gas pipelines indicates that it was some kind of terrorist act, Kremlin spokesman Dmitry Peskov said on Thursday. The incidents are being…
Qatar confirms COVID test requirements for World Cup fans
Fans attending the World Cup in Qatar must show proof of a negative COVID-19 test, regardless of their vaccination status, organisers said in a statement on Thursday, Reuters reports. All…
UAE, Oman sign $3bn cross-border railway deal
The United Arab Emirates (UAE) and Oman have signed a $3 billion deal to link each other’s borders through a cross-border rail project, in a major expansion of rail infrastructure…
Sweden discovers fourth Nord Stream leak – media
There are two breaches in each of Stockholm and Copenhagen’s economic zones, officials explain The Swedish coast guard has said it’s discovered a fourth Nord Stream gas pipeline leak. The…
Taliban in deal to procure Russian petroleum products, wheat
Kabul, Sept 28 (AFP/APP): Afghanistan has entered an agreement with Russia to procure millions of tonnes of petroleum products and wheat, Taliban officials said on Wednesday.Russia has been hit hard…
Burberry replaces creative chief Riccardo Tisci with Daniel Lee
London, Sept 28 (AFP/APP): Burberry said Wednesday that Italian designer Riccardo Tisci will step down this week as creative director, and will be replaced by Briton Daniel Lee who was…
Chinese EV battery parts maker gets 30-year tax break in U.S. Michigan
CHICAGO, Sep 28 (XINHUA/APP): Three government boards in Big Rapids of the U.S. state of Michigan have approved a 30-year property tax exemption for a battery parts facility of a…