Analysis Post #3 Leah Snyder Singapore, being a wealthy city state, was ranked among the 10 worst-offending countries in fueling inequality with its low tax regime. Singapore’s tax policy went beyond its borders, says Max Lawson, and it serves as a “Tax Haven” for large corporations. By this, he means that Singapore is taking so many taxes from these… Read more »
South Korea says Pompeo complained about inter-Korean military pact Hyonhee Shin 4 MIN READ SEOUL (Reuters) – U.S. Secretary of State Mike Pompeo has expressed “discontent” with an inter-Korean military pact reached during last month’s summit, South Korea’s foreign minister said on Wednesday, in a rare disclosure of signs of disagreement with its U.S. ally. FILE PHOTO: U.S. Secretary of… Read more »
Breakingviews – Hong Kong’s political risk takes new form Robyn Mak 3 MIN READ HONG KONG (Reuters Breakingviews) – Hong Kong’s political risk is taking a new form. The Chinese territory’s leader, Carrie Lam, has made a good start tackling the housing crisis and other parts of her domestic agenda. Public sentiment has improved. With mass protests less likely, she… Read more »
Oxfam rejects Singapore defense of low taxes Jack Kim 2 MIN READ SINGAPORE (Reuters) – Oxfam on Wednesday rejected Singapore’s defense of its low taxes after the NGO ranked the wealthy city state among the 10 worst-offending countries in fuelling inequality with its low-tax regime. FILE PHOTO: A view of the central business district in Singapore May 24, 2018. REUTERS/Edgar… Read more »
Quake kills three people in Indonesia’s Java, rattles Bali 2 MIN READ NUSA DUA, Indonesia (Reuters) – A magnitude 6 earthquake struck off the Indonesian islands of Java and Bali on Thursday, the U.S. Geological Survey (USGS) said, killing three people in Java and damaging some buildings while causing panic among residents. SPONSORED Patients sit at an open area after… Read more »
Lenzing to focus on Thailand expansion after halting U.S. project Kirsti Knolle, Alexandra Schwarz-Goerlich 3 MIN READ VIENNA (Reuters) – Austrian fibers producer Lenzing (LENV.VI) will focus on setting up a new production facility in Thailand after halting its planned U.S. expansion due in part to rising trade tensions, its chief executive said on Thursday. FILE PHOTO: Stefan Doboczky, CEO of… Read more »
Hong Kong queue of IPO hopefuls faces market reckoning Julia Fioretti 4 MIN READ * Long queue of companies wanting to go public in Hong Kong * Most companies are trading below IPO price in Hong Kong * Asia IPO activity up 23 percent in Jan-Sept year-on-year By Julia Fioretti HONG KONG, Sept 28 (Reuters) – The number of companies… Read more »
Leah Snyder Analysis Post #2 Vietnamese Domestic workers A woman in Vietnam is living with her 7 year old daughter in an abandoned house after working for a family in Saudi Arabia and finally returning back. According to Vietnamese Labour Ministry, there are currently 20,000 Vietnamese workers and nearly 7,000 are working as domestic workers for saudi families. They… Read more »
Toggle navigation VIETNAMOverworked, abused, hungry: Vietnamese domestic workers in Saudi FEATURE / VIETNAM Overworked, abused, hungry: Vietnamese domestic workers in Saudi Women say they are forced to work at least 18 hours a day, denied food, assaulted and prevented from returning home. by Yen Duong 19 Sept 2018 Pham Thi Dao, 46, says she worked more than 18 hours… Read more »
WORLD NEWS SEPTEMBER 27, 2018 / 5:51 AM / UPDATED 14 HOURS AGO Vietnam jails another Facebook user for comments critical of government 3 MIN READ HANOI (Reuters) – A court in Vietnam has jailed a Facebook user for 2-1/2 years over anti-government comments he posted on the social media website, police said on Thursday, as the Southeast Asian country… Read more »