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02.10.2024 7:56
Typhoon Krathon: Taiwan shuts down as it braces for storm’s landfall Schools, offices and financial markets shut as authorities urge people to stay home and tens of thousands of troops are put on standbyTaiwan shut offices, schools and financial markets ahead of the arrival of a weakening Typhoon Krathon, which is forecast to bring storm surges along the coast and torrential rain.The government in the key port city of Kaohsiung, right on the path of the eye of the storm, told people on Wednesday to stay at home and away from the sea, rivers and mountains, warning of a repeat of 1977’s Typhoon Thelma which killed 37 people and devastated the city of 2.7 million. Continue reading... ...

02.10.2024 7:59
In California, the homeless enter the election campaign A recent Supreme Court decision now gives municipalities in the West the right to criminalize people sleeping in the street. Tent removals are on the increase as Democrats seek to prove to Republicans that they know how to deal with this thorny issue.

02.10.2024 8:17
India's HDFC Capital to launch $1bn affordable housing fund - Nikkei Asia MUMBAI -- Indian investment manager HDFC Capital, a subsidiary of the country's largest private bank, and a World Bank Group unit will launch a $1 billion fund in early 2025 to promote the building of affordable housing for the middle classes.The World Bank Group's International Finance Corporation (IFC) will put up to $150 million in the fund, which will focus on investing in green loans and other debt instruments issued by Indian developers of green residential housing.

02.10.2024 8:30
Cambodia charges journalist who exposed scam compounds with incitement - Nikkei Asia PHNOM PENH/BANGKOK (Reuters) -- A Cambodian court on Tuesday charged an investigative reporter known for exposing corruption and human trafficking, and whose arrest drew concern from rights groups and the U.S. government, with "inciting social unrest", meaning he may face two years in prison.In a statement, the Phnom Penh Municipal Court in the country's capital said Mech Dara, who has worked for local and international media, had posted "provocative" and "false" messages and pictures about a rock quarry on a sacred mountain.He was sent to pretrial detention in Kandal province, according to a joint statement by civil society organizations working in the country, who said the charges carry a maximum prison sentence of two years.

02.10.2024 8:38
Malaysia links with Cambodia on cross-border QR payment - Nikkei Asia KUALA LUMPUR -- Malaysia and Cambodia have launched cross-border QR code payment linkage, aiming to boost both of their economies.The collaboration between Malaysia's central bank, Bank Negara Malaysia (BNM), and the National Bank of Cambodia (NBC) allows consumers and merchants to conduct instant cross-border QR transactions, streamlining payments and boosting commerce between the two countries.

02.10.2024 8:54
Australia news live: NSW police cite planter boxes among reasons to ban pro-Palestine rally as Labor group urges compromise Follow today’s news liveGet our breaking news email, free app or daily news podcastChildren’s commissioner to address National Press Club today on youth justiceThe children’s commissioner, Anne Hollonds, is due to address the National Press Club today on a new report calling for an overhaul of Australia’s approach to child justice.That kind of slogan really is trying to show that ‘we’re really tough up here, we’re going to be tough on crime’. And what our report shows is that that approach, that traditional approach in this country, hasn’t worked and and that basically it’s evident that we’ve misunderstood the nature of the problem we’re trying to solve. We know that toughening up the justice system doesn’t actually prevent crime by children.The idea that the states and territories could fix this on their own has been misguided, we need to work together on it. Continue reading... ...

02.10.2024 9:00
Taiwan's GlobalWafers gears up for further global expansion - Nikkei Asia HSINCHU, Taiwan -- GlobalWafers, the Taiwanese company that is the world's third-largest producer of the base material for computer chips, plans to expand its presence in the U.S., Italy, Japan and South Korea as it broadens its production footprint beyond its homeland to reduce carbon emissions and boost supply chain resilience.Doris Hsu, chairperson and CEO, told Nikkei Asia in an interview at the company's headquarters that the semiconductor industry has two "inevitable" global trends to follow: moving toward net-zero carbon emissions and building supply chain resilience.

02.10.2024 9:37
India's toilet-building plan saves thousands of babies, report says - Nikkei Asia NEW DELHI -- A government-backed sanitation project has resulted in the building of more than 117 million toilets in India, which a science journal has attributed to possibly having saved the lives of up to 70,000 babies.Prime Minister Narendra Modi made it his government's mission to create an "open defecation-free" (ODF) India under the "Clean India" campaign launched on Oct. 2, 2014.

02.10.2024 9:39
Japan PM tells Biden of need for strong ties with U.S. in phone talks Japan's new Prime Minister Shigeru Ishiba told U.S. President Joe Biden during phone talks Wednesday that he wants to strengthen the countries' alliance, but they did not discuss his wish to revise a long-standing bilateral agreement on U.S. military operations. When sharing some of the contents of their conversation with reporters, Ishiba, however, said he hopes to have discussions on the accord in the future when he has the opportunity. Read full story here

02.10.2024 9:53
Vance-Walz VP Debate: Key Takeaways Senator JD Vance of Ohio and Gov. Tim Walz of Minnesota sparred over immigration, abortion and foreign policy — and then on Donald Trump’s 2020 election loss.