#Art

China’s newest nuclear-powered attack submarine sank earlier this year in a potential setback for Beijing’s military ambitions, a senior U.S. defence official revealed on Thursday (September 26). This incident raises concerns about the safety and quality of China’s rapidly expanding naval force. China already has the largest navy in the world, with over 370 ships, […]

Following the dramatic overthrow of Bangladesh’s government by student protesters in August, a group of boys broke into the home of Tureen Afroz, the former chief prosecutor of a tribunal for war crimes committed during the nation’s independence movement in the early 1970s. They forcibly entered her bedroom, questioned her about not wearing a hijab, […]

The term “three-generations-in-tobacco” has become synonymous in China with a privileged elite who monopolize coveted jobs, such as within the state-owned tobacco monopoly, passing them down through their families. According to The Economist, this phenomenon has sparked widespread anger and accusations of a closed circle of power that stifles opportunities for social advancement. The optimism […]

The tragic death of a 26-year-old employee at a leading accounting firm has ignited widespread debate about the demanding work culture in corporate India and its impact on employee health and well-being. Anna Sebastian Perayil, a chartered accountant at Ernst & Young (EY), died in July, just four months after starting her job at the […]

In a move that underscores their growing strategic ties, India and the United States have announced a groundbreaking semiconductor partnership. This “watershed arrangement” will establish India’s first national security semiconductor fabrication plant, set to produce advanced chips vital for military hardware, next-generation telecommunications, and green energy technologies. This landmark collaboration, announced during talks between Indian […]

Singapore has launched a major initiative to breathe new life into its faltering stock market, but insiders at the exchange operator and market participants express deep skepticism about the chances of success, reports Bloomberg. In August, the city-state’s government announced a task force aimed at revitalizing the S$811 billion ($632 billion) market, which has lost […]

In a significant move to bolster its struggling economy, China’s central bank has unveiled a sweeping set of policy measures aimed at achieving the country’s annual growth target of about 5 per cent. The People’s Bank of China (PBOC) governor Pan Gongsheng announced a series of cuts, including lowering the amount of money banks must […]

Thailand has made history by becoming the first country in Southeast Asia to legalize same-sex marriage, following the royal endorsement of the Marriage Equality Bill. The landmark legislation, published in the Royal Gazette on Tuesday (September 24) evening, grants same-sex couples the same legal rights and protections as heterosexual couples. King Maha Vajiralongkorn approved the […]

Citigroup’s ambitions to expand its securities business in China have hit a snag due to regulatory penalties imposed by the US Federal Reserve, reports Bloomberg. The bank is facing delays in setting up a standalone securities firm as it awaits a clearance letter from the Fed, a requirement by Chinese authorities. The setback comes after […]

Sri Lankans elected leftist politician Anura Kumara Dissanayake as the new president in the debt-ridden country’s first election since its economy collapsed in 2022. The 55-year-old defeated his nearest rival, opposition leader Sajith Premadasa, to emerge as the clear winner after a historic second round of counting, which included second-preference votes, after no candidate won […]

Sri Lanka’s newly elected President Anura Kumara Dissanayake has taken a bold step by dissolving the nation’s parliament and calling for early elections, a move he frames as crucial for combating corruption and renegotiating the country’s $3 billion bailout from the International Monetary Fund (IMF). In a special gazette issued Tuesday, Dissanayake ordered parliamentary elections […]

China’s decision to raise the retirement age has triggered widespread dissatisfaction among workers, although major protests haven’t yet materialized, reports the South China Morning Post. The move, effective from January 1st, will gradually increase the retirement age for men to 63 and for women to 55 or 58, depending on their job type. This change […]

US Deputy Secretary of State Kurt Campbell stated that the challenges China poses to the US surpass those of the Cold War. He highlighted China’s support for Russia’s defence industry as a key concern, stating that it comes directly from China’s top leadership. “Frankly, the Cold War pales in comparison to the multifaceted challenges that […]

India and China are signalling a thaw in relations, with both sides expressing a keenness to move forward following recent diplomatic talks, reports the South China Morning Post. India’s External Affairs Minister S. Jaishankar has announced that 75% of India’s “disengagement problems” with China have been resolved. He also emphasized India’s openness to economic engagement […]

The United States has pledged an additional $202 million in aid to Bangladesh for its economic growth and development. This commitment was expressed by a U.S. delegation during their visit to Dhaka, reports Reuters. The delegation, led by Deputy Under Secretary of the Treasury Department Brent Neiman, is the first from the U.S. since the […]