Southeast Asia
south-eastern region of Asia
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01.07.2024Labour Party wins the general election
01.07.2024Labour Party wins the general election
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technology 2025-07-05 00:00
MingKwai typewriter discovery reveals origins of modern Chinese computing - A long-lost typewriter, the MingKwai, was discovered in New York, pivotal to the development of Chinese computing.
- Lin Yutang created the MingKwai in the 1940s to address the complexity of typing Chinese characters.
- The discovery highlights the importance of cultural preservation in technological advancement.
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business 2025-06-27 04:19
Japan and South Korea face severe oil vulnerability amid Middle East tensions - Japan and South Korea are the most vulnerable Asian countries regarding oil and gas imports from the Middle East.
- Approximately 75% of Japan's oil imports and over 70% of South Korea's oil imports traverse the Strait of Hormuz.
- A shift towards renewable energy is crucial for these countries to enhance their energy security amidst geopolitical tensions.
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business 2025-06-26 11:43
Bumble Inc. lays off 240 employees to restructure business - Bumble Inc. plans to lay off 240 employees, constituting 30% of its workforce, in response to the need for organizational restructuring.
- The layoffs aim to achieve annual savings of up to $40 million, which will be reinvested in product and technology development.
- This move is part of Bumble's strategy to enhance its core product offerings and improve user experience in a competitive dating app market.
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politics 2025-06-26 00:00
China dominates global pharmaceutical development with unprecedented rise in clinical trials - Clinical trial activity has significantly increased in China, with recent figures indicating that around 25% of all trials now occur in the country.
- Chinese regulatory reforms since 2017 have prioritized speed and safety, attracting a higher enrollment in clinical trials compared to the U.S.
- The U.S. faces barriers in pharmaceutical development due to complexity and recruitment issues, pushing industry leaders to seek reform to retain global competitiveness.
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business 2025-06-24 00:00
EU's DORA law imposes new compliance demands on Asian fintechs - The European Union's Digital Operational Resilience Act targets over 22,000 firms, transforming cyber-resilience to a crucial board-level KPI.
- Many Asian fintech companies must now create EU-compliant systems due to new regulations affecting their operations with EU clients.
- Achieving full compliance with DORA is essential for maintaining competitiveness and accessing capital markets.
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business 2025-06-11 17:50
Brazil's cattle ranchers push for change amid deforestation concerns - Brazil's beef industry is evolving to meet demands from international markets that emphasize traceability and sustainable practices.
- The state of Para aims to tag all its cattle by the end of 2026 to combat deforestation associated with beef production.
- Quagliato's leadership and support highlight the growing recognition among ranchers of the need for change amidst pressures from global markets.
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society 2025-06-11 06:35
Angelina Censori officially joins Kanye West's entourage in Japan - Angelina Censori traveled to Japan with Kanye West and Bianca Censori after spending time together in Spain.
- She shared images from lavish experiences that included dining at WAGYUMAFIA and shopping at upscale stores.
- This marks her official integration into Kanye's social circle, raising questions about her associations and relationships.
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military conflicts 2025-06-09 10:00
Long Tieng reveals hidden chapter of America's Vietnam War - Long Tieng was a major base for the CIA-backed Hmong army during the Vietnam War.
- It was home to various groups, including Hmong soldiers, refugees, and American personnel.
- The site's secretive nature and historical significance contribute to a complex legacy that is largely forgotten today.
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business 2025-06-06 14:16
Stock markets surge as US jobs report signals resilience - US stock markets rose following the report of 139,000 job openings in May, exceeding expectations.
- European markets also gained despite uncertainties about future economic growth and trade tensions.
- The resilience of the US labor market offers relief to investors worried about economic slowdown.
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business 2025-06-04 18:46
OECD warns US economy faces severe slowdown amid trade tensions - The OECD has downgraded its economic growth forecast for the U.S. to 1.6% for 2025.
- Tariffs imposed by President Trump are causing economic uncertainty and damage to global trade.
- The outlook emphasizes the need for negotiations to stabilize the global economy.
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military conflicts 2025-06-04 16:31
Israel achieves record $14.8 billion in defense exports amid global demand - Israel's defense exports hit a record $14.8 billion in 2024, with Europe leading at 54% of the volume.
- Air defense systems represented 48% of total defense sales, reflecting increased international demand.
- This record underscores the global appreciation for Israeli military technology amid rising geopolitical tensions.
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business 2025-05-15 00:00
Hankook launches corporate venture capital arm to invest in deeptech sectors - Hankook & Company Group has committed 15 billion won to launch its corporate venture capital arm, Hankook & Company Ventures.
- The venture will focus on investing in AI, robotics, aerospace technology, and quantum computing.
- This move underscores Hankook's strategy to diversify beyond tire manufacturing and invest actively in deeptech sectors.
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business 2025-05-07 09:55
MSMEs in Southeast Asia embrace sustainability for long-term growth - The Centre for Impact Investing and Practices (CIIP) released a report indicating a growing momentum among MSMEs in Southeast Asia to adopt sustainability.
- Challenges to ESG adoption include high costs and a lack of immediate benefits, with half of surveyed MSMEs planning to enhance their ESG budgets by 2027.
- Collaborative efforts among governments, industry leaders, and financial institutions are essential to support MSMEs in achieving sustainable practices.
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military conflicts 2025-04-26 11:00
Israel plans significant military expansion in Gaza after Hamas rejected ceasefire - Israel's military operations are set to escalate following Hamas's refusal to extend a ceasefire.
- The geopolitical climate is troubled with the rise of radical Islam and communism across Asia.
- The situation highlights the need for international support to stabilize the region, particularly for the Gulf states.
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society 2025-04-26 00:00
Pope Francis died, raising questions about the next papal selection - Pope Francis passed away on Monday, initiating the process to elect the new pontiff.
- Experts are considering candidates from Africa and Asia due to the growth of Catholic populations there.
- The outcome of the conclave remains unpredictable, with a conversation around continuing Pope Francis's legacy or shifting towards a more conservative stance.
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military conflicts 2025-04-25 04:02
Da Nang emerges as crucial military hub for U.S. in Vietnam War - Da Nang was established as a major base for U.S. military operations after the arrival of American combat troops in 1965.
- Landmarks related to the war serve to preserve historical memories and educate visitors about the past.
- The transformation of Vietnam from a war-torn country to a peaceful tourist destination highlights the nation's resilience.
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business 2025-04-25 00:00
Venture capitalists shift focus to offline businesses amid market downturn - Venture capitalists in Southeast Asia are moving investments from early-stage startups to established companies.
- There is a growing trend towards investing in profitable offline businesses, driven by recent market downturns.
- This shift indicates a change in the venture capital landscape, with investors emphasizing safer bets with realistic returns.
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society 2025-04-21 15:23
Asian scam operations expand globally amid crackdown pressures - Transnational organized crime groups from East and Southeast Asia are expanding their scam operations globally.
- The UNODC report suggests these groups are adapting to law enforcement crackdowns by exploiting regions with weaker regulations.
- Governments need to prepare for the increasing intensity and sophistication of these criminal operations.
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business 2025-04-21 10:39
Over 900 exhibitors set for largest retail exhibition in Asia - The 2025 CHINASHOP exhibition is scheduled for May 8 to 10 in Shenzhen, China, and expects over 70,000 attendees.
- It will feature over 900 exhibitors representing the latest trends in the retail industry and various concurrent conferences.
- The exhibition aims to address how the retail sector can evolve and innovate in response to changing consumer behaviors.
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politics 2025-04-15 01:20
Xi Jinping strengthens ties with Vietnam amid U.S. tariffs - China's President Xi Jinping commenced a diplomatic tour in Southeast Asia, starting in Vietnam.
- The visit aims to strengthen trade relations amidst ongoing tariffs imposed by the U.S.
- Xi's trip highlights China's commitment to being a stable global trading partner.
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military conflicts 2025-04-13 00:00
Gold prices soar amid Trump's sweeping tariffs announcement - Gold prices experienced a significant rise, climbing to an all-time high of $3,166 per troy ounce following Trump’s tariff announcements.
- The repercussions of the tariffs affected multiple Asian economies, particularly Vietnam and South Korea, signaling concerns over their economic stability.
- Investors turned to gold as a safe-haven asset, reflecting the increasing uncertainties in the global market.
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business 2025-04-11 08:15
XTransfer sees explosive growth in cross-border payments from emerging markets - XTransfer recorded a 300% year-over-year increase in cross-border collections from Hong Kong clients trading with emerging markets.
- Trade activity with regions like ASEAN, Latin America, and Africa saw a substantial growth, indicating a shift towards diversified trade partnerships.
- The increasing focus on emerging markets highlights the need for efficient cross-border payment solutions and improved financial services for SMEs.
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politics 2025-04-11 03:43
China holds back from addressing Trump over tariffs out of fear - Cambodia's garment industry faces a potential 49% tariff increase on exports to the U.S., threatening its economic stability.
- Xi Jinping's fear of criticism from Communist Party members prevents him from engaging in discussions with Trump regarding tariffs, despite the economic rationale.
- China's internal political dynamics hinder negotiations, leaving the ongoing trade conflict unresolved and potentially impacting other countries reliant on U.S. markets.
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sport 2025-04-08 16:14
Manchester United heads to Asia for historic postseason tour - Manchester United will conduct their first-ever postseason tour in Asia soon after completing the Premier League season.
- The tour includes friendly matches in Kuala Lumpur and Hong Kong and aims to connect directly with fans and commercial partners.
- By pursuing this initiative, the club seeks to address ongoing financial losses and facilitate future investments in the team's success.
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politics 2025-04-05 08:00
Trump imposes historic tariffs raising rates to 24% - On April 3, 2025, President Donald Trump announced a substantial increase in America's tariff rate.
- The new tariffs will raise the effective tariff rate from about 2% to 24%, impacting global trade, particularly with Asia.
- This drastic change may lead to increased domestic prices and could provoke retaliatory actions from other countries.
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business 2025-04-03 17:11
Trump imposes 25% tariffs on imported cars and parts - The U.S. has implemented a 25% tariff on all imported vehicles and auto parts starting today.
- Global stock markets have reacted negatively, with steep declines in Asia and Europe.
- The tariffs are expected to lead to increased consumer prices and a potential economic downturn.
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military conflicts 2025-04-03 00:00
Myanmar's junta manipulates disaster response for power - A powerful earthquake shook Myanmar on March 28, 2025, causing significant destruction.
- The junta, which took power through a military coup, seeks to use the disaster for political leverage.
- Critics warn that the military regime may exploit humanitarian aid to strengthen its control over the population.
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politics 2025-03-30 14:30
Chris Murphy warns Trump administration jeopardizes democracy - Senator Chris Murphy expressed concerns regarding the political climate in the U.S.
- He warns that the Trump administration's actions could lead to a shift towards oligarchy and corruption.
- Immediate engagement is necessary to uphold democratic values and maintain global credibility.
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society 2025-03-30 05:01
Pope Francis shows remarkable recovery from double pneumonia - Pope Francis returned to the Vatican after five weeks in the hospital for double pneumonia, receiving ongoing respiratory therapy.
- Doctors have noted a surprising improvement in his recovery, with encouragement from his physician regarding his vitality.
- His public displays of frailty are seen as an inspiring message to society about embracing human fragility and resilience.
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environment 2025-03-27 00:45
Climate change and overfishing jeopardize Vietnam's iconic fish sauce production - Bui Van Phong maintained his family's fish sauce tradition in Da Nang, Vietnam, for over 50 years.
- Climate change and overfishing have led to a decline in anchovy stocks, affecting fish sauce production.
- Many families are considering leaving the business as high anchovy prices threaten their livelihoods.
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military conflicts 2025-03-27 00:00
Myanmar junta gains territory using drone warfare strategy - Myanmar's ruling junta has made recent territorial gains in Shan state after a series of military setbacks.
- The Tatmadaw used drone technology to enhance their artillery effectiveness, targeting rebel positions.
- Despite this achievement, experts doubt that the use of drones will significantly alter the civil war's outcome.
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business 2025-03-24 17:41
Steel industry in Europe faces extinction amid economic challenges - Experts indicate that the steelmaking industry in the Czech Republic and EU is facing challenges due to low demand and high energy prices.
- The influx of cheap steel imports from Asia is threatening the competitiveness of European steel manufacturers.
- If the EU does not adjust its measures regarding steel, the industry may dwindle or cease to exist as it currently operates.
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2023 All rights reserved