Tag: Region Asias
Apple says it has struck a multi-billion dollar deal with chipmaker Broadcom to use more US-made parts
Under the multi-year agreement, the two US companies will develop components for 5G devices that will be designed and manufactured in America. Apple says the deal is part of a plan it announced in 2021 to invest $430bn (£346bn) in the US economy. The move comes as a trade row centred on the technology industry intensifies between Washington and Beijing….
Financial institutions in Singapore required to combat higher money laundering risks from wealthy clients: MAS
SINGAPORE – Financial institutions are required to alert the police and the financial regulator if they suspect that a transaction could be related to a crime, although there is no threshold set for when they must flag these activities. They are also required to step up their measures to manage the higher risks of money laundering and terrorism financing posed…
Florida sued over new law blocking Chinese citizens, other foreigners from buying property
TALLAHASSEE, Fla. (AP) — A group of Chinese citizens living and working in Florida sued the state Monday over a new law that bans Chinese nationals from purchasing property in large swaths of the state. The law applies to land near military installations and other “critical infrastructure” and also affects citizens of Cuba, Venezuela, Syria, Iran, Russia, and North Korea….
Zelenskyy denies Ukrainian city of Bakhmut occupied by Russian forces
HIROSHIMA, Japan — Ukrainian President Volodymyr Zelenskyy said Sunday that Russian forces weren’t occupying Bakhmut, casting doubt on Moscow’s insistence that the eastern Ukrainian city had fallen. Responding to a reporter’s question about the status of the city at the Group of Seven summit in Japan, Zelenskyy said: “Bakhmut is not occupied by the Russian Federation as of today.” “We…
The government can’t seize your data — but it can buy it
Adam Kovacevich is the CEO and founder of a center-left tech industry coalition called Chamber of Progress and has worked at the intersection of tech and politics for 20 years, leading public policy at Google and Lime and serving as a Democratic Hill aide. When the Biden administration proposed new protections earlier this month to prevent law enforcement from demanding…
Wagner Group claims Bakhmut fallen; Ukraine says fighting continues
KYIV, Ukraine (AP) — The head of the Russian private army Wagner claimed Saturday that his forces have taken control of the city of Bakhmut after the longest and most grinding battle of the Russia-Ukraine war, but Ukrainian defense officials denied it. In a video posted on Telegram, Wagner head Yevgeny Prigozhin said the city came under complete Russian control…
China questions ‘credibility’ of G7 members
The international community will not fall in line with the pro-Western rules pushed by the G7 and not allow the US-led group to dominate world affairs, the Chinese Foreign Ministry said in a statement on Saturday. “China will never accept the so-called rules imposed by the few. The international community does not and will not accept the G7-dominated Western rules…
Ukraine war: ICC ‘undeterred’ by arrest warrant for chief prosecutor
The International Criminal Court says it is “undeterred” by Russia putting its chief prosecutor on a wanted list. It comes two months after the ICC’s Karim Khan issued an arrest warrant for Russian President Vladimir Putin. In a statement on Saturday, the court said the move was an attempt to undermine its “lawful mandate to ensure accountability for the gravest…
British university blocks Russian writer from own performance
Shenderovich then confirmed on Facebook he was “barred from his own performance in London” but still did not explain the reasons behind the incident. He also mockingly thanked “all the idiots” responsible “for such an incredible promotion.” The author eventually moved to nearby Regent’s Park together with his would-be audience, where he held an impromptu performance “in the natural setting,”…
Russia’s international flight connections expanding
Indonesia is launching the flight because “Russia is now looking to the East, so we are also looking towards Russia,” Helmi explained. Also on Friday, the first Russian plane landed in Georgia’s capital Tbilisi after a four-year hiatus. The arrival was met by a small group of anti-Russia protesters at the airport. On Saturday, meanwhile, the first Georgian Airways plane…
Biden backs advanced fighter jets, pilot training for Ukraine
U.S. President Joe Biden told G7 leaders that Washington will support providing advanced warplanes including F-16s to Ukraine and will back efforts to train Kyiv’s pilots, a senior White House official said Friday. The U.S. move signals a major breakthrough for Kyiv, which has repeatedly — and until recently unsuccessfully — pushed its Western supporters to agree to provide high-tech…
‘War is not an option’, Taiwan president says amid China tensions
Taiwan’s President Tsai Ing-wen vowed on Saturday to maintain the status quo of peace and stability across the Taiwan Strait amid high tensions with China, which has stepped up military pressure on the democratically governed island. Taiwan will not provoke and will not bow to Chinese pressure, Tsai said in a speech in the presidential office in Taipei marking the…
G7 stance on China complicated by huge stakes in economic ties, cooperation on global issues
Leaders of the Group of Seven advanced economies are generally united in voicing concern about China. The question is how to translate that worry into action. Over the past two years, President Joe Biden’s administration has sought to reframe the relationship with Beijing and build support among like-minded nations for a strong response to what officials in Washington and some…
Greenpeace to shut down in Russia after being declared ‘undesirable organization’
The Russian branch of environmental group Greenpeace on Friday said it would shut down after authorities declared the group an “undesirable organization”, effectively banning it from operating. In a statement, Russia’s Prosecutor General said Greenpeace had tried to “interfere in the internal affairs of the state” and was “engaged in anti-Russian propaganda” by calling for sanctions against Moscow. The label…
US imposes sanctions on hundreds of targets in fresh Russia action
WASHINGTON – The United States on Friday announced sanctions on more than 300 targets as Group of Seven leaders met in Japan, aiming to punish Russia for its invasion of Ukraine and intensifying one of the harshest sanctions efforts ever implemented. The move, which targets Russia’s sanctions evasion, future energy revenues and military-industrial supply chains, marks the latest sanctions and…
Russia adds ICC prosecutor who sought Putin’s arrest to wanted list: Media
MOSCOW – Russia has issued an arrest warrant for the International Criminal Court (ICC) prosecutor who in March prepared a warrant for President Vladimir Putin on war crimes charges, Russian media reported on Friday. The British prosecutor, Karim Khan, was added to the Interior Ministry’s wanted list, state-owned news agency TASS said, citing the ministry’s database. Moscow opened cases against…