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[BEIJING] Despite a move toward greater self-sufficiency, trade will still exist because no country can be completely self-sufficient, said Prime Minister Lawrence Wong on Wednesday (June 25).Trade may not grow as much as it used to, and patterns of trade will change and evolve, with different supply chains and configurations, he told an audience at the World Economic Forum’s (WEF) Annual Meeting of the New Champions – also known as the Summer Davos – in Tianjin.But trade remains relevant, he said, even as he acknowledged that technology and sustainability will become new drivers of growth and “power the economy of…
BANGKOK :Thailand’s central bank left its key interest rate unchanged on Wednesday, as expected, holding steady after two consecutive cuts as it seeks to preserve limited policy space amid trade uncertainty and renewed domestic political turmoil.The Bank of Thailand’s monetary policy committee voted 6 to 1 to hold the one-day repurchase rate steady at 1.75 per cent, the lowest in two years. The BOT had cut the rate by 25 basis points at reviews in February and April.The BOT said economic growth was stronger than expected in the first half of the year, in part because of frontloading of export…
SALEM, Ore. — Democratic Oregon Gov. Tina Kotek on Tuesday signed into law a bill that provides unemployment benefits to striking workers, following neighboring Washington state in adopting measures spurred by recent walkouts by Boeing factory workers, hospital nurses and teachers in the Pacific Northwest. Oregon’s measure makes it the first state to provide pay for picketing public employees — who aren’t allowed to strike in most states, let alone receive benefits for it. It makes striking workers eligible to collect unemployment benefits after two weeks, with benefits capped at 10 weeks.Only three other states — New York, New Jersey…
The 2025 Summer Davos forum will be held from June 24 to 26 in Tianjin and is expected to bring together around 1,800 participants from over 90 countries and regions.China News Service | China News Service | Getty ImagesThis report is from CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. Each week, we’ll explore the biggest business stories in China, give a lowdown on market moves and help you set up for the week ahead. Like what you see? You can subscribe here.The big storyThe U.S. entering the Israel-Iran conflict over…
NEW YORK — NEW YORK (AP) — Manhattan District Attorney Alvin Bragg, the prosecutor who oversaw the historic hush-money case against President Donald Trump, won Tuesday’s Democratic primary as he seeks reelection.Bragg defeated Patrick Timmins — a litigator, law professor and former Bronx assistant district attorney — to advance to November’s general election. About 70% of registered Manhattan voters are Democrats.The first-term incumbent will face Republican Maud Maron, who was a public defender for decades and previously ran for Congress and NYC’s City Council as a Democrat.Bragg has long been one of the nation’s most prominent prosecutors, spotlighted in TV’s…
LONDON, June 25, 2025 /PRNewswire/ — The Longitude Prize on ALS, a £7.5 million global challenge prize, has launched to incentivise and reward cutting edge AI-based approaches to transform drug discovery for the treatment of ALS (amyotrophic lateral sclerosis), the most common form of MND (motor neurone disease).ALS is a progressive neurodegenerative disease that damages the nerves in the brain and spinal cord, leading to severe muscle degeneration. There is a 1 in 300 chance that a person will develop MND – around 90% of cases will be ALS. Tris…
Check out the top moments from this Gold Cup match between Canada and El Salvador!
LONDON :British retailer Marks & Spencer’s food business saw sales growth slow to 9.1 per cent over the 12 weeks to June 14 year-on-year, reflecting the disruption that followed a cyberattack in April, industry data showed on Wednesday.Researcher NielsenIQ said M&S’ food sales growth slowed from 10.8 per cent in last month’s report and 14.7 per cent in the one before that.Though M&S’ market share ticked up 10 basis points on the year to 3.7 per cent, it was down from the 3.8 per cent reading in last month’s report.As part of its management of the cyberattack, M&S stopped taking…
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jun 25):Sembcorp Industries: The company’s wholly owned subsidiary, Sembcorp Financial Services, announced the issuance of S$300 million notes under its S$5 billion Euro Medium Term Note programme established in July 2023. The fixed rate guaranteed notes are priced at an interest rate of 3.55 per cent per annum, payable semi-annually on Jul 2 and Jan 2 in each year, the group said on Wednesday. The offering was close to seven times oversubscribed and proceeds from the issuance will finance Sembcorp’s general corporate purposes and working…
Image Source: depositphotos.com Did you ever wonder what becomes of your discarded soda can or that stack of junk mail once you throw it in the recycling bin? Recycling is more than just removing clutter from your house it’s an effective means to safeguard your health, your neighborhood, and the planet we live on. Recycling correctly not only keeps our community cleaner, but also results in making decisions whose effects spread out to promote everyone’s welfare. Image Source: depositphotos.com Recycling is not just a gesture, it is an effective method of saving natural resources as well as limiting pollution. Recycling,…