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THAILAND

Bus inferno: 20 students, 3 teachers killed

Post Reporters and News Agencies, Published on 01/10/2024

» Twenty students and three teachers on a field trip were killed by a fire that raced through their bus in Pathum Thani on Tuesday, while the fate of two others remained unknown.

BUSINESS

Thai Airways plans B42bn share sale

Bloomberg News and Post Reporters, Published on 01/10/2024

» Thai Airways International Plc plans to issue new shares worth at least 42 billion baht to creditors and other investors by December, a major step towards exiting court-monitored debt restructuring and resumption of trading on the Stock Exchange of Thailand (SET).

WORLD

China holds drills in South China Sea

Reuters and Kyodo News, Published on 28/09/2024

» Chinese air and sea forces are conducting manoeuvres in a disputed area of the South China Sea, the military said on Saturday, hours after the country’s top diplomat discussed ways of reducing regional tension with his US counterpart.

BUSINESS

EU payment system takes aim at card giants

Bloomberg News, Published on 28/09/2024

» The biggest banks in the European Union have spent years quietly creating a new way to pay that could finally allow customers to ditch their Visa and Mastercard cards — the latest sign that the region is looking to dislodge two of the most valuable financial firms on the planet.

WORLD

China giving rare cash handouts to the poor

Bloomberg News, Published on 25/09/2024

» China is preparing to give one-off cash handouts to people in extreme poverty before Tuesday, in a rare announcement of direct aid just a day after announcing a sweeping programme to stimulate its sluggish economy.

WORLD

Israeli defence firm woos Philippines 

Bloomberg News, Published on 25/09/2024

» One of Israel’s major defence companies aims to clinch contracts under the Philippines’ ambitious military upgrade to bolster the country’s defences in the disputed South China Sea.

BUSINESS

Cathay Pacific adds dozens of North America flights

Bloomberg News, Published on 24/09/2024

» Cathay Pacific Airways is adding dozens of flights a week to the US and Canada, bringing most services in the key North American market back to pre-Covid levels. 

BUSINESS

US nuclear plant revived to help power AI

News Agencies, Published on 20/09/2024

» A unit at the Three Mile Island power plant, the site of the worst nuclear accident in American history, will restart operations to sell power to Microsoft for energy-hungry data centres tapping the boom in artificial intelligence.

WORLD

China, Japan agree on scheme to monitor treated radioactive water

Reuters and Kyodo, Published on 20/09/2024

» BEIJING - China and Japan reached a consensus in August on the discharge of radioactive water from the Fukushima nuclear plant, the Chinese Foreign Ministry said on Friday.

WORLD

Israel starts striking Hezbollah targets

News Agencies, Published on 19/09/2024

» The Israeli military began striking Hezbollah targets in Lebanon on Thursday, just as the movement’s leader was preparing to deliver a speech about the calamitous past few days.