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WORLD

US approves sale of F-16 parts to Taiwan for $80m

Reuters, Published on 06/06/2024

» LOS ANGELES - The United States State Department has approved the sale to Taiwan of F-16 fighter jet spare and repair parts for an estimated US$80 million, the Pentagon's Defence Security Cooperation Agency said on Wednesday.

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GENERAL

CIMB targets $1.28bn of lending in 2024

Reuters, Published on 06/06/2024

» MANILA - The Philippine unit of Malaysia's CIMB Group Holdings Bhd is targeting lending of more than 75 billion pesos (US$1.28 billion) to Filipino clients this year, up 23% from 2023, its chief executive officer said on Thursday.

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WORLD

Indonesia's Ibu volcano erupts twice, spewing red-hot lava

Reuters, Published on 06/06/2024

» JAKARTA - Indonesia's Mount Ibu volcano erupted again on Thursday, firing red bright lava and rocks into the night sky and triggering a spectacular display of volcanic lightning, the country's volcanology agency PVMBG said.

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GENERAL

Business group keeps growth forecast at 2.2% to 2.7%

Reuters, Published on 05/06/2024

» Thailand's economy is recovering slowly and is expected to grow 2.2% to 2.7% this year, unchanged from a previous forecast, a leading joint business group said on Wednesday.

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WORLD

Vietnam's coal use, emissions set new records

Reuters, Published on 05/06/2024

» LITTLETON - Coal use, imports and coal-fired emissions have all climbed to record highs in Vietnam this year despite ongoing efforts to roll out clean generation capacity across the country.

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WORLD

Modi's party loses its majority in India's general election

Reuters, Published on 05/06/2024

» MUMBAI - Indian Prime Minister Narendra Modi was set to meet his allies on Wednesday to discuss forming a government, a day after his Hindu nationalist party lost its outright majority in parliament in a surprise election result.

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GENERAL

Credit access problems need urgent fix, says central bank

Reuters, Published on 04/06/2024

» Thailand needs to urgently resolve problems of credit access for small- and medium-sized businesses, which are key for the economy, a deputy central bank governor said on Tuesday.

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GENERAL

Exports seen up 1-2% this year: shippers

Reuters, Published on 04/06/2024

» Thailand's exports are expected to rise 1% to 2% this year, the Thai National Shippers' Council said on Tuesday, maintaining a previous forecast.

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WORLD

China's lunar lander lifts off from far side with cargo of dirt

Reuters, Published on 04/06/2024

» BEIJING - China's Chang'e-6 probe has lifted off from the far side of the moon, starting its journey back towards Earth, China's national space agency announced on Tuesday.

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TECH

Intel battles AMD with new data centre chips

Reuters, Published on 04/06/2024

» TAIPEI - Intel launched its next generation Xeon server processors on Tuesday, as it looks to claw back data centre market share and revealed that its Gaudi 3 artificial intelligence accelerator chips would be priced much lower than its rivals' chips.