Home 

It’s not just China – the Trump administration has launched a dangerous war with the global trading order

It would be easy to characterise the US-China trade war as merely a tussle between two economic behemoths. But it’s far more than that. It’s one front in a global campaign by US President Donald Trump to upend the way world trade has developed in recent decades. Trump is ideologically opposed to the current situation where the United States runs sizeable trade deficits in goods with many other countries. It is irrelevant whether they are rivals or allies.The president’s affinity for tariffs is… Source link

Read More
Vietnam 

May’s new order growth of Việt Nam’s manufacturing fastest in year-to-date – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  The securing of new customers helped firms to register new order growth, with the rate of expansion the strongest in 2019 so far. — VNA/VNS Photo HÀ NỘI – Việt Nam Manufacturing Purchasing Managers’ Index (PMI) posted 52.0 in May, down marginally from 52.5 in April but still representing an improvement in business conditions in the Vietnamese manufacturing sector. A survey by Nikkei and IHS Markit released on Monday showed the softer improvement in the health of the sector was recorded in spite of stronger increases in both output and…

Read More
Singapore 

Foodpanda cancels order at the last minute, even though it has 3.5 hours to do it, Singapore News

Have you ever waited hours for your food to be delivered to you only to have your order cancelled at the last minute? That is what happened to Stomp contributor Vanessa who ordered her lunch in advance from Washoku Goen at Wisma Atria via Foodpanda’s food delivery app on Tuesday (May 7) at about 9.54am. When her meal had not arrived at her Newton address by 1.55pm, she became concerned. She then checked her email and was shocked to find her order had been cancelled at 1.30pm, just 15 minutes…

Read More
Singapore 

Engineer who drove against traffic given mandatory treatment order after appealing against jail term, Singapore News

SINGAPORE – An engineer who drove against the flow of traffic on the Ayer Rajah Expressway (AYE) for about 2km was given a two-year mandatory treatment order (MTO) on Friday (April 26) after the High Court allowed his appeal against his original sentence of four weeks’ jail. Brandon Ng Hai Chong, 31, is also banned from driving for five years. In allowing Ng’s appeal, Justice Aedit Abdullah said the district judge who imposed the jail term last year erred in finding that rehabilitation was not the dominant sentencing principle in…

Read More
Investment 

Tesla gets restraining order against short seller for stalking factory, harassing workers

Elon Musk’s war with Tesla short sellers just got weirder.The electric carmaker claims a California man who it says is part of an online group of short sellers has been stalking its Fremont factory and harassing its employees – including dangerously swerving his car towards a Tesla Model 3 that was on a motorway test drive and injuring a Tesla security guard in a hit-and-run on company property.Tesla persuaded a state court judge on Friday to issue a temporary restraining order requiring the… Source link

Read More
Singapore 

No need for Public Order permit for Nas Daily celebrity meet-and-greet: Police, Singapore News

SINGAPORE – The fan meet for vlogger Nuseir Yassin, popularly known by his Facebook moniker Nas Daily, does not require a permit under the Public Order Act (POA) as it does not involve a cause, but is a celebrity meet-and-greet, said the police late on Friday (April 19). A spokesman said the police was aware that some persons are “falsely claiming that there are double standards applied for the granting of permits”. “These allegations which suggest that the police have been biased and shown favouritism are untrue and baseless, and…

Read More
Singapore 

Short detention order for e-bike rider who rode into jogger, causing brain injury, Singapore News

SINGAPORE – A teenager who caused a brain injury to a jogger after riding into him on his power-assisted bicycle (PAB) was sentenced to a week’s short detention order on Tuesday (April 16). Joven Heng Gin How, now 20 and a full-time national serviceman, had been riding the vehicle for the first time and reached a speed of around 40kmh on a footpath near Marina Bay Sands. Under the order, offenders are put behind bars for a short time but will not have a criminal record after their release. Heng…

Read More
Singapore 

YouTubers challenge themselves to order McDonalds in Mandarin – get flamed instead, Singapore News

YouTubers and their challenges — inane to some, but entertaining to others. In pursuit of interesting content for their channel, one young Singaporean couple decided to challenge themselves by speaking only Mandarin throughout the span of one day.  However, a short clip of them ordering McDonald’s through the phone has drawn flak from many online.  A Facebook video posted on April 7 by content creators Amos and Mingshuang went viral after netizens flamed them for wasting the time of service staff in McDonald’s. The video has since received 133,000 views and more than…

Read More
Home 

Chinese aircraft lessor suspends order for Boeing 737 MAX, seeks assurance on jet’s safety

China Aircraft Leasing Group Holdings (CALC) has put its order for 100 Boeing 737 MAX jets temporarily on hold, until it is assured of the aircraft’s safety.The Hong Kong-listed lessor, controlled by the state-owned conglomerate China Everbright Group, placed an order for 50 aircraft in June 2017. CALC then increased it by another 25 in December with an option for 25 more as part of its plan to grow its overall fleet from 133 in 2018 to 232 by 2023. According to the original schedule, the first… Source link

Read More
Home 

Chinese contractors in talks to build two highways in Moldova, extending China’s infrastructure order book in eastern Europe

Two Chinese contractors are in final negotiations to build two highways in Moldova, marking the first time China is extending the nation’s engineering and construction prowess to the eastern European nation.China Hyway Group and China Railway Group Limited are in talks to build two highways with a combined length of 300 kilometres in Modolva, according to Vitalie Lurcu, the Modolvan State Secretary of the ministry of Economy and Infrastructure.The first highway will encircle the Moldovan… Source link

Read More