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Search Result for “billion”

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G7 leaders to provide $50bn in loans for Ukraine

Kyodo News, Published on 14/06/2024

» FASANO - Leaders of the Group of Seven (G7) countries agreed Thursday to provide at least US$50 billion in loans for Ukraine, using interest from Russian sovereign assets frozen since Moscow launched a full-scale invasion of its neighbour more than two years ago, senior US and Japanese officials said.

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Global fight over climate change funding

Reuters, Published on 13/06/2024

» BONN - Nearly 200 countries will try to agree a new global goal for funding to fight climate change at this year's United Nations COP29 climate summit in November in Baku, Azerbaijan.

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Thai arrested at Hong Kong music festival for alleged drug offences

South China Morning Post, Published on 11/06/2024

» HONG KONG - A 34-year-old Thai woman and a local man, 33, were arrested at a Hong Kong music festival over the weekend for allegedly possessing illegal narcotics and drug-taking equipment, police said on Monday.

WORLD

Malaysia begins diesel subsidy reforms, prices to rise 50% Monday

Published on 09/06/2024

» KUALA LUMPUR - Diesel fuel prices in much of Malaysia are set to rise by roughly 50% on Monday as the government begins shifting away from costly blanket subsidies to a targeted approach that mainly helps the needy.

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Mauritius plans 2% ‘climate levy’ on businesses

Published on 08/06/2024

» Mauritius, an Indian Ocean island nation grappling with flash floods and erosion, plans to introduce a 2% climate levy on company profits to finance projects fighting climate change, according to Finance Minister Renganaden Padayachy.

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Vietnam tycoon on death row illegally moved money overseas

Reuters, Published on 06/06/2024

» HANOI - Vietnam real estate tycoon Truong My Lan, sentenced to death in the country's largest-ever financial fraud case, had illegally transferred money abroad, according to police, with state media on Thursday reporting US$4.5 billion had been moved.

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Indonesian president aims to start working from new capital in July

Published on 05/06/2024

» JAKARTA - Indonesian President Joko “Jokowi” Widodo said on Wednesday that he plans to start working from the country’s new capital city next month amid concerns over the future of the project following resignations of senior executives overseeing the development.

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US defence chief seeks to improve Cambodia ties

Published on 04/06/2024

» US Defense Secretary Lloyd Austin met Cambodia’s leaders on Tuesday and discussed resuming military training programmes, in a visit aimed at reversing gains made by China amid concern about its growing presence at a Cambodian naval base.

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China's Chang'e-6 lander touches down on far side of moon on mission to bring rock samples back to Earth

South China Morning Post, Published on 02/06/2024

» China has landed on the moon's far side for a second time, and will soon start collecting rock samples from the oldest lunar basin to bring back to Earth.

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Comfortable majority predicted for Indian PM

Published on 01/06/2024

» NEW DELHI - The alliance led by Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP) is projected to win a majority in the general election that concluded on Saturday, an exit poll summary said.