World

China’s PLA now has precision 3D maps of India border
China, World

China’s PLA now has precision 3D maps of India border

For the first time, China’s People’s Liberation Army (PLA) has completed 3D mapping of its western border including the disputed part with India to pin-point accuracy, according to state media reports.The PLA’s western theatre command (WAC) has begun to deploy the newly built precision “spatial datum” system covering China’s western borders, which will help in building both combat capability and infrastructure.“The PLA recently started deploying China’s first panoramic, high-precision spatial datum that covers the uncharted western border region of the country,” a state media report said.The completion of the two-year PLA project and the deployment comes amid the ongoing months-long Sino-India border friction along the Line of Actual Control (LAC) in eastern Ladakh.It wasn’t immediately cl...
Two WHO team members stopped from entering China after failed coronavirus test
China, Singapore, World

Two WHO team members stopped from entering China after failed coronavirus test

China on Thursday blocked two members of the 13-member World Health Organisation (WHO) team from travelling to the epicentre of the coronavirus pandemic in Wuhan after they failed the coronavirus antibody test in Singapore.The WHO first tweeted that the international team of 13 scientists examining the origins of the virus that causes Covid-19 arrived in Wuhan.The experts were to begin their work immediately during the two-week quarantine protocol for international travellers.Later, in a separate tweet, WHO said that two members of that team remain in Singapore after they were "tested positive for IgM antibodies".IgM antibodies are among the earliest potential signs of a coronavirus infection and false positives are also possible with such tests."Two scientists are still in #Singapore comp...
Wall Street closes higher; Georgia election results loom
China, Market, World

Wall Street closes higher; Georgia election results loom

NEW YORK :Wall Street shares gained on Tuesday in choppy trading, as investors took advantage of the previous session's slump to buy them back, ahead of the outcome of the Senate runoff elections in the battleground state of Georgia. NEW YORK -Shares on Wall Street ended higher on Tuesday in choppy trading, as investors took advantage of the previous session's slump to buy them back, ahead of the outcome of the Senate runoff elections in the battleground state of Georgia, which will determine the balance of power in Washington. Overall, analysts expect the stock market to consolidate December's gains in January, as asset managers looked to rebalance their portfolios that had been heavily tilted toward equities. The latest polls from data website 538 https://projects.fivethirtyeight....
How the $600 stimulus checks could affect your tax refund this year
USA, World

How the $600 stimulus checks could affect your tax refund this year

Fertnig | E+ | Getty Images If you don't receive your second stimulus check in your bank account or the mail, the good news is you can claim the money when you file your tax return this spring. But beware: That doesn't necessarily mean you will automatically get the full $600 or other funds you feel are owed through the direct payments issued by the government. The reason: The recovery rebate credit by which you can claim that money will be factored into your overall tax return, including liabilities. So if you receive a credit for the $600 stimulus check, but owe $500, you will receive a payment of just $100. "If you're going to owe money, you're still going to owe money," said Janet Holtzblatt, senior fellow at the Urban-Brookings Tax Policy Center. Admittedly, some people might prefer ...
Japan to play placeholder role in Asia as Biden gets his house in order
Asia, China, Singapore, World

Japan to play placeholder role in Asia as Biden gets his house in order

When U.S. President Donald Trump’s “America First” policy gets the boot on Jan. 20, it will be replaced by Joe Biden’s more outward-looking and cooperative approach in Asia — one in which Japan is widely expected to play an integral part. As Washington looks warily at China’s rise, it will aim for Japan to play a placeholder role as the Biden White House focuses immediately on reining in the coronavirus pandemic that has left about 340,000 dead in the U.S. “They’ll have no choice but to take care of that damage first,” a senior Japanese Foreign Ministry official said on condition of anonymity. “This will be less about (the Asia-Pacific region) being lowered in priority than about repairing that damage.” In the meantime, Tokyo “will continue to act as a ‘placeholder’ for the incoming adm...
World shares down from record highs as COVID-19 cases top 90 million
Asia, China, Market, World

World shares down from record highs as COVID-19 cases top 90 million

Asian shares took a breather on Monday while Treasury yields were at 10-month highs as "trillions" in new U.S. fiscal stimulus plans were set to be unveiled this week, stoking a global reflation trade. LONDON: World shares slipped from record highs on Monday as caution over rising coronavirus cases saw some profit-taking from investors, while Treasury yields remained close to 10-month highs, indicating expectations for global reflation from anticipated U.S. fiscal stimulus. Worldwide coronavirus cases surpassed 90 million on Monday, according to Reuters tally. European shares dipped in early trading, with rising coronavirus cases across the continent and China dragging down commodity stocks. Germany's DAX lost 0.75per cent, Britain's FTSE 100, Italy's FTSE MIB, and France's CAC 40 f...
Alphabet unit Wing blasts new US drone ID rule, citing privacy
World

Alphabet unit Wing blasts new US drone ID rule, citing privacy

Alphabet Inc's drone delivery unit Wing criticized Trump administration rules issued this week mandating broadcast-based remote identification of drones, saying they should be revised to allow for internet-based tracking. WASHINGTON: Alphabet Inc's drone delivery unit Wing criticized Trump administration rules issued this week mandating broadcast-based remote identification of drones, saying they should be revised to allow for internet-based tracking. On Monday, the Federal Aviation Administration (FAA) issued rules that will allow small drones to fly over people and at night in the United States and mandate remote identification technology for nearly all drones. The rules eliminate requirements that drones, known formally as unmanned aerial vehicles, be connected to the internet to...
Trial to import electricity from Malaysia a ‘useful first step’ as Singapore prepares to connect with regional grid: Experts
Asia, Market, Singapore, World

Trial to import electricity from Malaysia a ‘useful first step’ as Singapore prepares to connect with regional grid: Experts

SINGAPORE: A trial which will see Singapore import electricity from Peninsular Malaysia will be a "useful first step" in preparation for further moves to connect to the regional power grid, said experts. Announced in late October, the trial will see Singapore import 100 megawatts (MW) of electricity from Malaysia for two years. This will make up about 1.5 per cent of Singapore’s peak electricity demand. The move is part of Singapore's plan to strengthen the "regional grid architecture", said Minister for Trade and Industry Chan Chun Sing in a keynote speech delivered at the opening of the Singapore International Energy Week in October. “This will allow the region to share the clean energy sources that different countries may have, and we’ll start this with Malaysia," he said. "Once ...
China makes representation to UK over meddling in Hong Kong Affairs: Foreign Ministry
China, World

China makes representation to UK over meddling in Hong Kong Affairs: Foreign Ministry

A day after the United Kingdom slammed China for the arrest of over 50 pro-democracy politicians and activists, Beijing on Thursday said that Hong Kong was a territory of China and any interference in its domestic affairs amounted to an “infringement on its sovereignty.“In response to UK Foreign Secretary Dominic Raab’s statement, China made a strong representation to the UK side,” Chinese Foreign Ministry Spokesperson Hua Chunying said on Thursday.Hua claimed that Hong Kong was a territory of China and, therefore, any interference in its domestic affairs amounted to an “infringement on Chinese sovereignty.”“The United Kingdom should abandon its colonizer mentality and illusions about the continuing colonial influence on Hong Kong. It should as well abandon hypocrisy and double standards, ...
China slams latest top-level US official visit to Taiwan
China, World

China slams latest top-level US official visit to Taiwan

US Secretary of State Mike Pompeo’s announcement on Thursday of the latest visit by a top-level US official to Taiwan has irked China with Beijing calling it “extremely wrong”.US Secretary of State Mike Pompeo had announced earlier that Kelly Craft, the US ambassador to the UN, would soon travel to the island, calling it "a reliable partner and vibrant democracy that has flourished despite CCP (Chinese Communist Party) efforts to undermine its great success"."Taiwan shows what a free China could achieve," he added.Pompeo announced the trip by Kelly Craft condemning the mass arrests of 53 democracy activists – including former lawmakers and an American lawyer – in Hong Kong.He said the arrests were an “outrage and a reminder of the Chinese Communist Party’s contempt for its own people and t...