TOKYO : Bank of Japan Governor Kazuo Ueda said on Wednesday the central bank will raise interest rates if trend inflation accelerates in line with the bank’s current projections.”If inflation overshoots our forecasts or if upside risks become high, it will be appropriate for us to adjust interest rates earlier,”…
Headlines
See AllThe European Union is battling a surge in drug trafficking and drug-related crimes. Changing habits of international drug cartels and shifting global market forces have meant the violence is starting to spread to the capital of the EU. In 2021 alone, law enforcement officials seized a record 303 tonnes of cocaine at Europe’s ports. The EU will soon launch a new drugs agency to help inform and coordinate police efforts across the continent. Alex Cadier…
BEIRUT: Hamas official Osama Hamdan warned on Tuesday (May 7) that if Israel’s military aggression…
BERLIN : Borussia Dortmund were not on anyone’s Champions League radar when the season started…
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Singapore
View MoreIswaran did not know gifts from Ong Beng Seng, Lum Kok Seng were ‘veiled gratification’, says lawyer
PROSECUTION’S REBUTTAL Deputy Attorney-General Tai Wei Shyong, Chief Prosecutor Tan Kiat Pheng and four other Deputy Public Prosecutors appeared for the prosecution. Mr Tai argued that there was “no basis” for a joint trial of all the charges. He said that “certain statements made” may cast the prosecution in a negative…
World
View MoreAstraZeneca said on Tuesday (May 7) it had initiated the worldwide withdrawal of its COVID-19 vaccine due to a “surplus of available updated vaccines” since the pandemic. The company also said it would proceed to withdraw the vaccine Vaxzevria’s marketing authorisations within Europe. “As multiple, variant COVID-19 vaccines have since been…
Business
View MoreBRUSSELS : Microsoft was hit with a Spanish startup group’s complaint about its cloud practices to the Spanish antitrust regulator on Tuesday, the latest grievance over its fast-growing cloud computing services and which followed a trade group’s EU complaint.The U.S. tech giant ranks second in the cloud computing sector, behind…
Lifestyle
View MoreAs for the amenities residents can expect, there’s Miami vibes to be had at the infinity pool on the 55th floor looking out onto panoramic views of Biscayne Bay, the Atlantic Ocean and shimmering cityscape accompanied by a pool deck, Jacuzzi and cabanas, as well as a sky bar and…