Author: Admin

[PHNOM PENH] Cambodia’s influential former leader Hun Sen on Monday (Jun 16) issued an ultimatum to Thailand to lift border crossing restrictions or his country will ban all Thai fruit and vegetable imports in the latest round of the border spat between the two countries.One Cambodian soldier was killed on May 28 as troops exchanged fire in a disputed area known as the Emerald Triangle, where the borders of Cambodia, Thailand and Laos meet.The Thai and Cambodian armies both said they acted in self-defence.Thailand has tightened border controls with Cambodia in recent days, while Cambodia ordered troops on Friday to…

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[HO CHI MINH CITY] Vietnam has become the fourth Asean country to gain formal partner-country status within Brics following Malaysia, Indonesia, which is a full member and Thailand. Analysts say this move reflects Hanoi’s strategy to hedge against the rising trade risks from the US and broaden investments and geopolitical footing. The latest development also underscores the region’s priority in broadening economic relationships to gain deeper trade, investments, people-to-people, and tourism relationships, said Lavanya Venkateswaran, senior Asean economist at OCBC.“Some of the lower-hanging fruit include bolstering tourism activities amongst Brics member economies through visa incentives as well as encouraging cross-country…

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[WASHINGTON] Leonard Lauder, who built Estee Lauder into one of the world’s biggest cosmetics makers and catapulted himself into the top echelon of wealthiest New Yorkers, has died. He was 92.Lauder died on Jun 14 surrounded by family, according to a statement by Estee Lauder. In almost 40 years running the New York-based company founded by his parents, Lauder oversaw the launch or acquisition of such brands as Clinique, Aveda, MAC Cosmetics, Tom Ford Beauty, Bobbi Brown, Jo Malone London and La Mer. He took the company public in 1995, and its share price rose 33 per cent on the first…

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BEIJING: Growth in China’s factory output hit a six-month low last month as trade war pressures bit, official data showed Monday (Jun 16), while a bump in a key gauge of domestic consumption offered a rare bright spot for the economy. The United States and China this month agreed to a temporary truce in a standoff that saw tariffs hiked to eye-watering levels and upended global supply chains. But the impact of the row was highlighted by official figures showing industrial production rose just 5.8 per cent last month, below the 6.0 per cent predicted in a Bloomberg survey and…

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[HONG KONG] Nick Bird’s OQ Funds Management opened a Japan quantitative hedge fund in September. Within weeks, it raised the maximum US$250 million and had to turn away additional money, the former Macquarie Group veteran said.Meanwhile, Sengu Capital’s hedge fund tapping improving corporate management in Japan has tripled assets to US$450 million after trading began in early October, said sources familiar with the Hong Kong-based firm. A multi-strategy Japan fund that York Capital Management spinoff MY.Alpha Management opened to external clients in early 2023 and now oversees about US$700 million. Their pace of asset gathering, impressive for Asia hedge funds of…

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LINKÖPING, Sweden and MISSISSAUGA, ON, June 16, 2025 /PRNewswire/ — William Osler Health System (Osler) in Canada leverages AI through the international medical imaging IT and cybersecurity company Sectra’s (STO: SECT B) AI service, Sectra Amplifier Service. This collaboration enables Osler to seamlessly integrate selected AI applications into their clinical workflows to enhance workflow efficiencies and improve patient care. Through the Sectra Amplifier Service— a fully managed, cloud-hosted AI platform—Osler can integrate vetted third-party AI applications into clinical workflows. As the service enables Osler to run multiple AI applications on a unified infrastructure, and with Sectra assuming full responsibility for the entire…

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Sky News’ Sam Coates and Politico’s Anne McElvoy serve up their essential guide to the day in British politics. The prime minister is in Canada at the G7 as conflict escalates in the Middle East. Can Sir Keir Starmer contain any further flare-ups between Donald Trump and other allies and attempt to bring some calm to the region?The prime minister is also set to authorise a national inquiry into grooming gangs, six months after he said people calling for one were “jumping on the bandwagon”.It comes after a national inquiry was recommended by Baroness Louise Casey in her 200-page report,…

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[SINGAPORE] Shares of oil and gas companies listed on the Singapore Exchange (SGX) such as Rex International and RH PetroGas rose more than 6 per cent at the market open on Monday (Jun 16). This comes on the back of global crude oil prices surging amid escalating conflict in the Middle East between Iran and Israel. Brent crude futures rose US$1.70 or 2.3 per cent, to US$75.93 a barrel during Asia hours, while US West Texas Intermediate crude futures gained US$1.62, or 2.2 per cent, to US$74.60.Oil prices had jumped 7 per cent on Friday as Israel and Iran first…

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MINNEAPOLIS — MINNEAPOLIS (AP) — Melissa Hortman’ s influence at the Minnesota Capitol and her power as a Democratic leader to shape the course of a deeply divided Legislature were a far cry from her job as a teenager making chili-cheese burritos and overshadowed her volunteer work training service dogs for veterans.She was a lifelong Minneapolis-area resident who went to college in Boston and then returned home for law school and, with degree fresh in hand, worked as a volunteer lawyer for a group fighting housing discrimination. Elected to the Minnesota House in 2004, she helped pass liberal initiatives like…

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