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WORLD

Malaysia arrests CEO of firm linked to child sex abuse scandal

Reuters, Published on 19/09/2024

» KUALA LUMPUR - Malaysian authorities on Thursday arrested the chief executive and other senior managers of an Islamic conglomerate accused of running charity homes where children were allegedly sexually abused, amid a widening police dragnet in the case.

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GENERAL

OPEC+ Delays Production Increase Following a Drop in Oil Prices.

Published on 18/09/2024

» The average price of ICE Brent crude oil in Q3 2024 (from July 1 to September 9, 2024) was $80.4 per barrel, down from an average of $84.9 per barrel in Q2 2024. This decline is attributed to OPEC+’s planned increase in crude oil production by 180 KBD per month from October to December 2024, and by 213 KBD per month from January to September 2025. (Previously, OPEC+ had voluntarily reduced production by 2.2 million barrels per day.) Additionally, demand declined as the US driving season ended, and the political situation in Libya stabilized. However, on September 5, 2024, eight OPEC+ members announced a two-month delay in the production increase plan.

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PROPERTY

China new home prices fall at fastest pace in over 9 years

Reuters, Published on 14/09/2024

» BEIJING - China's new home prices fell at the fastest pace in more than nine years in August, official data showed on Saturday, as supportive measures failed to spur a meaningful recovery in the property sector.

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WORLD

Bali to ban building of some hotels to tackle over-development

Published on 09/09/2024

» JAKARTA - Indonesia has agreed to set a moratorium on the construction of hotels, villas and nightclubs in some areas on the tourist resort island of Bali, as it grapples with the over-development of land, a senior ministry official said on Monday.

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WORLD

China's Tibetan Buddhists urged to obey reincarnation rules

South China Morning Post, Published on 06/09/2024

» Senior Buddhist figures in China have emphasised the importance of government approval in the recognition of reincarnated Tibetan religious leaders, at a meeting this week less than a year before the Dalai Lama is expected to announce his succession plan.

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WORLD

Kenya school blaze kills 17 students

Reuters, Published on 06/09/2024

» NAIROBI  - A fire in a school in central Kenya has killed 17 students, a police spokeswoman said on Friday, following media reports that they had been burnt beyond recognition.

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WORLD

Danish police detain activist Greta Thunberg during Gaza war protest

Reuters, Published on 04/09/2024

» COPENHAGEN - Danish police on Wednesday apprehended activist Greta Thunberg at a Copenhagen protest against the war in Gaza, a spokesperson for the student group organising the demonstration said.

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WORLD

US voters targeted by Chinese influence online, researchers say

Published on 03/09/2024

» A Chinese social media influence operation is impersonating US voters, denigrating US politicians and pushing divisive messages ahead of the Nov 5 presidential election in the United States, new research by intelligence company Graphika showed.

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WORLD

Myanmar junta to lose restive state to armed group

Bloomberg News, Published on 27/08/2024

» SINGAPORE - Myanmar’s junta is on the verge of being expelled from a western-most state bordering Bangladesh, according to a new report, marking the one of the biggest military losses since a 2021 coup led to renewed civilian conflict across the country.

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GENERAL

Who is Pavel Durov, CEO of messaging app Telegram?

Published on 25/08/2024

» Pavel Durov, billionaire founder and CEO of the Telegram messaging app, was arrested at the Bourget airport outside Paris on Saturday evening, TF1 TV and BFM TV said, citing unnamed sources.