World News
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5 ways retirees in Thailand lose money (and how to stop it)
Retiring in Thailand can be affordable and enjoyable, but many retirees lose money due to common mistakes. High living costs, scams, and unexpected expenses can quickly drain savings. There are five ways that retirees in Thailand can lose money and...
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Iran’s traditional wooden lenj boats face extinction as modern vessels take over
Hassan Rostam, a 62 years old Iranian captain, has navigated the Strait of Hormuz aboard his traditional wooden lenj for four decades. However, he sadly witnesses these hand-built vessels being replaced by more economical, faster boats. Lenjes have sailed Gulf waters for centuries, their unique form reflecting regional maritime customs similar to the dhows of the Arabian Peninsula. Rostam, who…
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Record number of internally displaced people due to overlapping crises
An unprecedented “perfect storm” of overlapping crises forced tens of millions to flee within their own countries last year, sending the number of internally displaced people (IDPs) soaring to an all-time high. In 2022, a record 71.1 million IDPs were registered, up 20% from the previous year. This staggering increase was a result of mass displacement due to Russia’s war…
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Streaming platforms battle for anime market dominance
As anime’s popularity continues to reach new heights, major streaming platforms are vying for dominance in the lucrative market. Fuelled partly by the pandemic, this animated genre has grown into a multi-billion-dollar industry, with the global market valued at US$28.6 billion in 2022, according to Grand View Research, and expected to double by 2030. Aya Umezu, CEO of Tokyo-based entertainment…
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China increasingly uses yuan for trade with Russia, sidelining the dollar
China has significantly raised its use of the yuan for purchasing Russian commodities in the past year, with almost all its procurement of oil, coal, and some metals from the neighbouring country now settled in the Chinese currency instead of US dollars, multiple trading executives with direct knowledge of the situation have revealed. The shift towards using the yuan to…
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China’s consumer price index sees slowest growth in two years
China’s consumer prices experienced a slow increase over the past two years in April, with factory gate deflation becoming more pronounced, according to recent data. This outcome has prompted conjecture that additional stimulus activities may be necessary to enhance the uneven post-pandemic economic recovery. In April, the consumer price index (CPI) increased by 0.1% year-on-year, making it the lowest level…
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Disney reduces streaming losses but sheds subscribers as earnings meet expectations
Walt Disney has reported a reduction in streaming losses by US$400 million from the previous quarter; however, the company also experienced a drop in subscribers. The entertainment giant shared this information on Wednesday as part of its recent quarterly earnings release, which fell in line with Wall Street expectations. Following the report, shares of Disney declined by 4.4% during after-hours…
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Extreme rainfall impacts China’s rice yields, study reveals
Extreme rainfall has reduced China’s rice yields by 8% over the past two decades, according to a study led by researchers from the country. The research, published in the peer-reviewed journal Nature Food, discovered that the effects of extreme rainfall on rice yields were similar to those of extreme heat. Projections show that by the end of this century, extreme…
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China’s shrinking birth rate impacts baby product manufacturers
A decline in China’s population is creating a challenging environment for the country’s baby and children’s product manufacturers, as domestic sales plummet and companies grapple with finding alternative revenue streams. As the world’s largest market for baby food and diapers, valued at US$37.9 billion annually, prepares to contract for the first time, firms are turning their attention to products for…
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Deep concern over Myanmar violence dominates Asean Summit
Southeast Asian nations expressed deep concern over the ongoing violence in Myanmar, condemning a recent attack on a convoy of diplomats delivering humanitarian aid in the country. The crisis in Myanmar, which is under junta rule, has been a dominant topic of discussion at this week’s Association of Southeast Asian Nations (ASEAN) Summit in Indonesia, as the regional bloc has…
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Myanmar peace plan progress lacking, says Indonesia’s president
Despite having agreed to implement a peace plan with the Association of Southeast Asian Nations (ASEAN) two years ago, Myanmar’s ruling military has made no significant progress, according to Indonesia’s president. Speaking on the second day of the ASEAN leaders’ meeting in Labuan Bajo, President Joko Widodo stressed the need for the bloc’s unity in deciding the next steps to…
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Fumio Kishida’s unexpected political comeback in Japan
It seems that remembering the name of Japan’s Prime Minister Fumio Kishida may be worth it after all, despite the nation’s rapid turnover of leaders. Kishida’s premiership began positively in late 2021 but faced challenges when ties between the ruling Liberal Democratic Party and the Unification Church became a focal point in the media after the killing of former leader…
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US prepares for migrant surge as Mexico border restrictions set to end
Tens of thousands of US law enforcement personnel have been deployed to the border with Mexico, according to officials, as waiting migrants voiced confusion and anger over an impending change to entry rules. The United States is preparing for a surge in people claiming refuge from political persecution, climate-related disasters, and poverty when pandemic-era restrictions expire overnight later this week.…
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Taiwan’s offshore wind farms amid China tensions and geopolitical risks
In the port city of Taichung on Taiwan‘s west coast, a crane hoists into place the final section of a white wind turbine tower that stands almost a hundred metres tall. This turbine will be one of 111 spinning at a multi-billion US dollar offshore wind project up to 60km into the Taiwan Strait. Constructed by Denmark’s Orsted, this project…
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Ukrainian journalist’s hedgehog rescue offers light amidst the devastation of war
Amid the devastation in Ukraine covered by AFP journalist Arman Soldin, 32 years old, one moment stands out as a touching act of kindness in the face of war—the rescue of a wounded hedgehog. Unfortunately, Soldin lost his life to rocket fire just days after sharing the heartwarming story on Twitter. The thread documents the journey of nursing the hedgehog…
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French PM Elisabeth Borne seeks removal of biography passages on her private life
French Prime Minister Elisabeth Borne, aged 62, has filed a lawsuit demanding the removal of certain sections of a recently published biography, claiming that they breached her privacy. The biography was written by journalist Berengere Bonte and released by the Archipel publishing house. The legal complaint, brought before a court in Nanterre near Paris, identifies passages concerning Borne’s health, sexual…
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Fighting intensifies in Khartoum as Sudanese struggle with shortages
The Sudanese capital, Khartoum, and the city of El Obeid, located 350 kilometres southwest, are witnessing ongoing violent clashes, forcing many locals to flee their homes and face dangerous journeys across the country’s borders. For those unable to leave, food and essential supply shortages have become a pressing problem, with people relying on local charity networks and neighbours for survival.…
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Life with HIV: Long-term survivors share their experiences
Over three decades ago, receiving an HIV diagnosis was akin to being handed a death sentence. Many endured discrimination, devastating personal losses, and gruelling drug side effects. However, advances in treatment have enabled millions of individuals to live with this virus. To mark the 40th anniversary of the discovery of the virus responsible for AIDS, four long-term survivors shared their…
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UK prime minister defends police after anti-monarchist arrests during coronation
LONDON – UK Prime Minister Rishi Sunak defended the country’s police forces on Tuesday, emphasizing their operational independence after facing criticism for arresting anti-monarchists prior to a protest at King Charles III’s coronation. Sunak expressed his support for London’s Metropolitan Police, which had been condemned for detaining six members of the advocacy group Republic just hours before Saturday’s event. “They…
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Former PM Imran Khan arrested amidst political crisis and protests in Pakistan
Protests have broken out across Pakistan following the arrest of former prime minister Imran Khan during a court appearance in Islamabad. Khan is facing a multitude of charges since being ousted from power last year in what analysts believe is a tactic used by Pakistani governments to quieten their opponents. If convicted, Khan could be prohibited from holding public office,…
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US jury deliberates on Donald Trump’s liability in rape allegation lawsuit
New York – A US jury began deliberations on Tuesday to determine whether former president Donald Trump is liable for the alleged rape of an American former magazine columnist in the mid-1990s. If the nine jurors rule in favour of accuser E. Jean Carroll, it would mark the first time Trump has faced legal consequences over claims of sexual misconduct.…
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Moscow amusement park accident injures at least 20 people, including children
Shocking footage has emerged showing the horrifying moment that an amusement park ride broke down in mid-air, resulting in at least 20 individuals being injured, including eight children. The incident occurred at an amusement park in the eastern part of Moscow on May 8. Two of the injured individuals are in critical condition. The alarming video captures the chilling moment…
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Japan works towards opening NATO liaison office in Tokyo
Japan is progressing with plans to establish a NATO liaison office in Tokyo, according to Japan’s ambassador to the US, Koji Tomita. Speaking at an event held by the National Press Club in Washington, Tomita referred to a report by Nikkei Asia earlier this month, which stated that the US-led alliance intends to open the office – it’s first in…
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Fast food slows down amid technology advancements and post-pandemic challenges
Fast food restaurants have long been associated with swift service and short wait times. However, recently in Singapore, a student had to wait for around ninety minutes for her McDonald‘s meal, sparking debate online as to why the fast food industry appears to be slowing down despite the growing use of self-service technologies. The traditional fast food model of operation…
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Anthropic’s AI constitution: creating a safer rival to OpenAI’s ChatGPT
Google owner Alphabet-backed artificial intelligence (AI) startup Anthropic has revealed its rival to OpenAI’s ChatGPT, named Claude, which comes with a set of written moral values designed to make the chatbot safe to use. The moral values guidelines, known as Claude’s constitution, draw from various sources such as the United Nations Declaration on Human Rights and Apple Inc’s data privacy…
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UK enjoys well-being boost from rare triple public holiday in May
This year’s coronation of King Charles III has increased the number of public holidays in the United Kingdom. With the special public holiday on the Monday following the May 6 ceremony, along with the early May bank holiday and the spring bank holiday later in the month, many workers are enjoying a celebratory period. Typically, public holidays in the UK,…
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Twitter CEO Elon Musk reveals new features including calls and encrypted messaging
Details regarding new features for Twitter, including calls and encrypted messaging, have been unveiled by Chief Executive Elon Musk, 49 years old, on Tuesday. Last year, Musk teased plans for “Twitter 2.0 The Everything App,” which he claimed would contain options like encrypted direct messages (DMs), long-form tweets, and payments. Musk announced in a tweet on Tuesday that the platform…
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US braces for migrant influx as pandemic-era asylum rules end
As United States pandemic-era rules expire, the country is preparing to face thousands of migrants, resulting in deep divisions over immigration. These individuals are seeking safety and shelter in the US, but with a rising wave of nationalism, the welcome they receive may be uncertain. The Texas cities of El Paso, Brownsville, and Laredo have declared a state of emergency,…
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Imran Khan to face graft charges in special court following nationwide protests
Former Pakistan Prime Minister Imran Khan is set to appear in a special court today at Islamabad’s police headquarters to address corruption allegations, following his unexpected arrest that led to violent nationwide protests yesterday. Khan’s detention comes after months of political turmoil, and soon after the influential military criticized the former cricket star for claiming that a high-ranking officer was…
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OCBC reports record net profit in Q1 as strong net interest income growth boosts earnings
Singapore‘s second-largest lender, Oversea-Chinese Banking Corp (OCBC), has reported a 39% increase in first-quarter profit compared to a year ago, driven by robust net interest income expansion. OCBC, also the second-largest bank in Southeast Asia by assets, revealed a net profit of US$1.42 billion between January and March, up from US$1.02 billion during the same period last year, significantly surpassing…
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