World News

Malaysia's 1MDB settles debt owed to Abu Dhabi with China backing

 

KUALA LUMPUR - State-owned 1Malaysia Development Berhad (1MDB) has made the final settlement of US$602.7 million ($S810 million) in debt obligations to Abu Dhabi's International Petroleum Investment Company (IPIC), by divesting its stake in two companies to buyers linked to Chinese state-owned enterprises.

Park administration kept parts of ‘comfort women’ agreement secret

 

The Park Geun-hye administration kept parts of the 2015 Korea-Japan agreement on Japan’s wartime enslavement of Korean women in the dark, a South Korean task force confirmed Wednesday. The administration also pushed the deal despite the pact falling short of fundamentally resolving related issues. 

India is the top remittance receiving country in the world

 

Xi urges building of rural roads to fight poverty

 

President Xi Jinping urged transportation authorities nationwide to be dedicated to the construction and maintenance of rural roads to speed up rural modernization.

Xi, also general secretary of the Communist Party of China Central Committee, made the remark in an instruction on rural roads publicized on Monday at the national transport works conference held at Ministry of Transport offices in Beijing.

Bali packed with tourists on Christmas day despite volcanic eruptions

 

Local and international tourists are flocking to some destinations on the resort island of Bali on Christmas day on Monday despite Mount Agung’s continuous eruptions.

Democrats to challenge Prayut’s Article 44 order

 

ABHISIT WARNS NCPO RISKS LOSING LEGITIMACY AS PARTY APPEALS RULING TO CONSTITUTION COURT

 

THE DEMOCRAT PARTY will file a petition with the Constitution Court to determine if the latest National Council for Peace and Order (NCPO) order to extend deadlines required for political parties to follow under the Political Party Act is unconstitutional under the charter approved in last year’s referendum.

Scores detained as police baton-charge, tear-gas protesting teachers in Karachi

 

Karachi police on Monday fired water cannon and resorted to baton-charge and tear-gas to prevent protesting teachers from moving towards the Chief Minister’s House to lodge their protest, according to eyewitnesses, teachers and officials.

The teachers were protesting for the fulfillment of a host of their demands, some of which were already agreed to by the provincial authorities.

Scores of people were also detained during the police action.

FEATURE: Prepare for war if diplomacy fails, Mattis tells US troops

 

FEATURE: India wary of China's South Asia push

NEW DELHI (The Straits Times/ANN) - Beijing's moves in region lead Delhi to remind neighbouring states of its security concerns.

China and Maldives signed a free trade agreement this month, and Sri Lanka recently handed over a major port to Beijing.

US tax cuts: Boost for Singapore companies operating in the US

SINGAPORE (The Straits Times/ANN) - However, its impact on inbound investment flows remains to be seen, according to analysts.

The corporate tax cut in the United States will be a boon for Singapore firms operating there, but its impact on inbound investment flows remains to be seen, analysts say.