At this stage, Trump’s G-11 is nothing but an idea floated in thin-air. Unanimity will be required to turn it into a reality. But if the concept goes ahead, it could pay dividends for South Korea. ( read original story ...)
The Latest: 39 new virus cases in South Korea, most in Seoul
South Korea has reported 39 new cases of the coronavirus over a 24-hour period, a continuation of an upward trend in new infections in the Asian ... ( read original story ...)
Japan’s first-quarter GDP decline likely smaller than initial estimates on firmer capex
Japan's first quarter economic contraction was likely smaller than initially estimated, a Reuters poll showed, thanks to stronger business spending although the country is still expected to slide ... ( read original story ...)
Pyjamas replace business formals as Indian fashion e-tailers restart services after lockdown
As India goes into “unlock 1.0” and gradually lifts restrictions, Indian men and women can finally replace those ragged pyjamas. After nearly two months of the lockdown, retail services have finally ... ( read original story ...)
Cyclone Spares India’s Business Capital From Major Damage
The first cyclone in more than a century to hit India’s financial capital of Mumbai appears to have largely spared the metropolis. ( read original story ...)
Brunei restaurant owners who flout health guidelines will be brought to court
Restaurants and cafe owners not complying with Ministry of Health (MoH) guidelines – such as permitting employees not to wear face masks, organising buffets or operating beyond the restaurant’s ... ( read original story ...)
Trade Talk Revival: Why Washington Might Reconsider Obama’s Trans-Pacific Partnership
President Donald Trump rejected the partnership, which was renamed the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, but presidential candidate Joe Biden says he is willing to ... ( read original story ...)
Kuwait foils smuggling of 131kg of drugs by sea
Coast Guard patrols in Kuwait have foiled an attempt to smuggle 131kg of hashish via the sea. The operation was launched after the Maritime Operations Centre got suspicions about a boat sailing with ... ( read original story ...)
Oman Shifts Wealth Funds Into New Entity With $17 Billion Assets
Oman will combine its two wealth funds into one entity, which will hold assets valued at about $17 billion. The Oman Investment Authority will manage all assets and liabilities of the State General ... ( read original story ...)
Singapore bank deposits jump as Hong Kong, virus sow uncertainty
A record jump in money flowing into Singapore bank accounts from abroad underlines the city-state's safe haven appeal during the COVID-19 pandemic and political uncertainty in rival financial centre ... ( read original story ...)