Tag: Region Asias

Airbus Signs MoU With IIT Kanpur To Boost Indian Aerospace Talent

  Airbus and the Indian Institute of Technology in Kanpur (IIT Kanpur) have signed a Memorandum of Understanding (MoU) to facilitate increased collaboration in developing education programmes to foster talent development in the Indian aerospace sector. The MoU was signed on September 1, 2023 between Prof. Abhay Karandikar, then Director IIT Kanpur, and Rémi Maillard, President and Managing Director, Airbus India and South Asia. Under the collaboration, both entities will promote research in advanced technologies and develop programmes and activities…

China’s mideast envoy urges guarantees for Palestinians

BEIJING: China’s special Mideast envoy pinned the cause of the Israel-Gaza crisis on the lack of guarantees for Palestinian rights and urged greater coordination with Moscow in a meeting with his Russian counterpart in Qatar, a key go-between in the conflict. In the first leg of his tour in the region, China’s envoy for Middle East issues Zhai Jun landed in Qatar on Thursday where he reaffirmed with his Russian counterpart Mikhail Bogdanov Beijing’s alignment with Moscow in their efforts…

Biden says support for Israel, Ukraine vital for U.S. security; will ask Congress for billions

U.S. President Joe Biden declared it is “vital for America’s national security” for Israel and Ukraine to succeed in their wars, making the case Thursday night for deepening U.S. involvement in two unpredictable foreign conflicts as he prepared to ask for billions of dollars in military assistance for both countries. If international aggression is allowed to continue, Biden said in a rare Oval Office address, “conflict and chaos could spread in other parts of the world.” “Hamas and Putin represent…

Canada removes 41 diplomats from India after New Delhi threatens to revoke their immunity

Canada’s foreign minister said Thursday that 41 of the country’s diplomats have been removed from India after the Indian government said it would revoke their diplomatic immunity. The moves comes after Canadian accusations that India may have been involved in the killing of a Sikh separatist leader in suburban Vancouver. The Associated Press previously reported that India had told Canada to remove 41 of its 62 diplomats in the country. Foreign Minister Melanie Joly said Thursday that 41 diplomats and…

More than 300 arrested in Capitol Hill protest urging cease-fire in Israel-Hamas war

More than 300 people were arrested for illegally demonstrating and three people were charged with assaulting police after protesters descended on Capitol Hill to call for a cease-fire between Israel and Hamas. Hundreds of demonstrators from Jewish advocacy groups, including Jewish Voice for Peace and If Not Now, poured into a congressional office building on Wednesday. They wore shirts that read “Jews say cease fire now” and they chanted “let Gaza live” and “not in my name” before they were…

‘Russia Will Pay The Price’ Israeli Official Amir Weitmann Threatens Russia is Next After Gaza

Amir Weitmann of Israel’s ruling Likud Party threatened Russia that Israel will come after them once their war with Gaza is over for supporting Hamas “Nazis” who “beheaded babies” and “raped” women. Weitmann claimed everyone has seen such atrocities with their own eyes. Amir Weitmann, of Israel’s ruling Likud Party, promises revenge on Russia for insufficient support of Israel: “Russia is supporting Nazis who want to commit genocide against us. Russia will pay the price!” pic.twitter.com/L3XqsVe0SM — Shadow of Ezra…

U.S. journalist detained in Russia after visiting for family emergency

Russia has detained an editor at U.S.-funded Radio Free Europe/Radio Liberty (RFE/RL) for failing to register as a foreign agent while visiting for a family emergency, the broadcaster said. Russia has tightened its control over information and the media since the start of the nearly 20-month-long Ukraine war, forcing the closure of the last significant independent news outlets and designating many journalists and activists as “foreign agents.” Since the arrest of Wall Street Journal correspondent Evan Gershkovich in March on spying…

Report: Peter Thiel Was An FBI Informant

In the summer of 2021, Insider has learned, [Peter] Thiel began providing information as a “confidential human source,” or CHS, to Johnathan Buma, a Los Angeles-based FBI agent who specializes in investigating political corruption and foreign-influence campaigns. Charles Johnson, a longtime associate of Thiel’s and a notorious figure in the far-right movement that Thiel has subsidized for a decade, told Insider in a statement that he helped recruit the billionaire as an informant by introducing him to Buma. A source…

Al Jazeera ‘Finds No Grounds For Israeli Army’s Claim Gaza Baptist Hospital Strike Was a Failed Rocket Launch’

Al Jazeera, whose footage was cited by Israel to claim a failed rocket launch by Gaza fighters caused the al-Ahli Baptist hospital explosion, did their own investigation into Israel’s claims and found they were without merit. An Al Jazeera digital investigation found no grounds for the Israeli army’s claim that the strike on the al-Ahli Arab hospital in Gaza was caused by a failed rocket launch. pic.twitter.com/DQsrBXfwmL — Al Jazeera English (@AJEnglish) October 19, 2023 Key points: – They discovered…

Casio discloses data breach impacting customers in 149 countries

Japanese electronics manufacturer Casio disclosed a data breach impacting customers from 149 countries after hackers gained to the servers of its ClassPad education platform. Casio detected the incident on Wednesday, October 11, following the failure of a ClassPad database within the company’s development environment. Evidence suggests that the attacker accessed customers’ personal information a day later, on October 12. The exposed data includes customer names, email addresses, countries of residence, service usage details, and purchase information such as payment methods,…

Drones target U.S. troops in Iraq

U.S. military forces in Iraq were targeted on Wednesday in two separate drone attacks, with one causing minor injuries to a small number of troops even though the U.S. military managed to intercept the armed drone, a U.S. official said. The official, who spoke to Reuters on condition of anonymity, did not say who was suspected of the attacks on the al-Asad air base and the al-Harir air base. But Washington is on heightened alert for activity by Iran-backed groups…

Singapore-based video game distributor GCL seeks US listing via $1.65 billion Spac deal

BENGALURU – Grand Centrex Limited (GCL) said on Wednesday that it will list in the US by merging with a blank-cheque firm in a deal that values the Singapore-based video game distributor at US$1.2 billion (S$1.65 billion). Special purpose acquisition companies (Spacs) have largely fallen out of favour following a bumper 2020, after they drew intense scrutiny from the United States Securities and Exchange Commission. The poor stock performance of some companies that went public via a Spac merger have…

Keppel snags $306 million for China-focused sustainable urban renewal fund

SINGAPORE – Keppel Corporation has raised a 1.4 billion yuan (S$262.8 million) initial investment from an undisclosed global institutional investor, capturing opportunities in China’s sustainability transition. Together with 160 million yuan of a sponsor stake by Keppel, the total 1.6 billion fund (S$306 million) marked the closing of its China-focused sustainable urban renewal programme, said the company on Thursday. About 3.9 billion yuan worth of assets are expected to be under Keppel’s management “when fully leveraged and invested”. Both parties…

Israel suspends defense sales to Colombia

SANTIAGO, Chile — The Israeli government has suspended all sales and supplies of defense and security hardware and related services to Colombia. The move followed a heated exchange on X, formerly known as Twitter, between Colombian President Gustavo Petro and Israeli Ambassador in Bogota Gali Dagan about the ongoing conflict in the Gaza Strip. Petro had refused to condemn the Hamas raid. When Dagan urged Petro to speak about the attack on Israel, Colombia’s president replied with a message that…

IMF cuts S’pore 2023 growth forecast on weak exports, China slump; sees Asia slowing next year

Things may take a positive turn only if the US economy achieves a soft landing, boosting the outlook for manufacturing and capital expenditures, the technology cycle bottoms out, and disinflation in Asia accelerates to provide scope for easing monetary policy in 2024, the IMF said. However, medium-term prospects are uncertain due to geo-economic fragmentation, with de-risking policies of major economies creating a potentially significant impact on growth, it said. While inflation is expected to ease in 2024, IMF advised central banks to ensure that inflation remains durably at appropriate…

Hong Kong crypto exchange OSL weighs sale at over $170 million

HONG KONG – Hong Kong’s BC Technology Group is exploring the sale of its crypto platform OSL, one of only two exchanges licensed under digital-asset rules the city introduced in June, people familiar with the matter said. BC Technology has gauged interest in OSL from possible buyers such as industry players and funds, and a HK$1 billion (S$175.13 million) valuation has been suggested, the people said, asking not to be identified discussing private information. Shares of BC Technology slumped as…