China 

China expected to allow green bonds to fund clean coal projects in potential blow to climate change fight

China’s central bank is expected to take the controversial decision to include clean coal projects in the official catalogue of items that are allowed to be financed by green bonds, a technical but significant move that could put its environmental financing standards at odds with the European Union and even affect global efforts in fighting climate change.The People’s Bank of China (PBOC), which oversees green bond issuance on the interbank market in China, is expected to officially allow coal… Source link

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China 

China Premier invokes Isaac Newton in calling for revamp of ‘rigid’ Chinese research to fight US tech war

Chinese Premier Li Keqiang has pledged greater support for basic scientific research to ensure China’s technological development will not become “choked”, as the country battles the United States for dominance in future hi-tech industries.Speaking at a seminar in Beijing, Li invoked the spirit of Sir Isaac Newton in calling for scientists in China to be given “more freedom to explore without fear”, as a means of improving how China manages and evaluates scientific research.His comments come as… Source link

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Home 

China in new growth push to fight prolonged US trade war, top policy body indicates

China will have go a step further in easing monetary policy and increasing fiscal spending to help support domestic growth given that Beijing sees no near-term resolution to its trade war with the United States, a top policy body has indicated.While the Chinese government policy body did not call for all-out stimulus, it made clear Beijing would not shy away from pumping additional credit into its banking system or boosting fiscal support for the economy, according to the conclusions announced… Source link

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Vietnam 

Việt Nam boosts fight against illegal timber products – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  At the conference, experts discuss solutions to help Việt Nam build up regulations to fight against illegal timber products. — VNA/VNS Photo HÀ NỘI — Illegally harvested timber, as well as traders of this item, will not be able to enter the supply chain Việt Nam is putting in place under the Voluntary Partnership Agreement on Forest Law Enforcement, Governance and Trade (VPA/FLEGT), an official has said. Director General of Vietnam Forest Administration (VNFOREST) Nguyễn Quốc Trị was speaking at a two-day technical exchange on the Viet Nam timber legality…

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Money 

Hong Kong’s Chan brothers, famed for charity in Canada, fight tax investigation over KPMG offshore firms

Hong Kong Canadian tycoons Caleb and Tom Chan – whose huge donations have made them two of the biggest names in Vancouver philanthropy – are fighting Canada’s tax collector by refusing to hand over documents about an offshore company structure set up in the Isle of Man with the help of accounting giant KPMG.The Canada Revenue Agency has not accused the Chans of wrongdoing as it audits the brothers and seeks access to the documents.A lawyer associated with their charitable interests said the… Source link

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Singapore 

Torn shirts, bloody faces in fight between 2 men at Wellington Circle, Singapore News

Some residents at Wellington Circle in Admiralty were woken up by a fight between two men in the early hours of Sunday morning (Aug 25). Stomp contributor Sheena alerted Stomp to the incident and shared a video she took from her home. In the video, one man is seen lying on the ground while the other rains blows upon him. A woman manages to separate the duo and one of the men’s shirt is torn around the collar. It is unclear what the men were arguing about. “I was about…

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Singapore 

Malaysia’s nasi lemak better than Singapore’s? McDonald’s new ad ignites food fight , Singapore, Malaysia, Food News

If you’re reading this article, you probably have an opinion on which side of the Causeway has better food. It’s no secret that Singaporeans and Malaysians are passionate — and competitive — about food. There are rare moments when we unite to make fun of foreign chefs who butcher traditional Asian dishes such as “crispy rendang” and this British take on chicken rice. But most of the time, we are fighting to lay claim over various hawker foods, and trading barbs over who “owns” hawker culture. Well, McDonald’s Malaysia is here to…

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Singapore 

Three men arrested after fight breaks out at Redhill Close, Singapore News

SINGAPORE – Three men were arrested after a fight broke out between them at Redhill on Saturday morning (Aug 17). Police said they were alerted to a fray at Block 88 Redhill Close at about 11.30am. They arrested three men, aged between 17 and 55 years. A 55-year-old man was conscious when he was taken to Singapore General Hospital. The Straits Times understands that he was one of the three arrested. The police are investigating the incident. A video of the brawl, which is making the rounds on Facebook, shows two…

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China 

China may use foreign exchange reserves to fight US financial war risk, analysts say

As the United States widens the conflict with China into the realm of finance, raising the possibility that Washington will use the US dollar payment system as a weapon, analysts are wondering whether China will shift how it uses its US$3.1 trillion in foreign exchange reserves in anticipation of extreme financial volatility. China, analysts said, may consider preparing itself against a possible US financial attack by shifting towards a more defensive stance, such as using its foreign exchange… Source link

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Singapore 

Tinder couple with 10-year age gap fight daily to keep their love alive, Lifestyle, Singapore News

You never know when love will come knocking at your door. For Luke, 30, and Charmaine, 20, theirs started with a right swipe on Tinder and love blossomed after that on the fighting mat. Fast forward two years since they met, the pair are now married and co-own a gym.  SHE WAS ONLY 18 Charmaine, then 18, was still a student when she met Luke, 28, on the dating app. Besides having a 10-year age gap between them, Luke is from the US, though he works in Singapore. But that didn’t stop them from pursuing love.   Charmaine said there…

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