Cabinet reshuffle today

Britain’s business secretary has ordered a full national security assessment of the £63 million (US$79 million) acquisition last year of the country’s biggest semiconductor maker by Nexperia, a Dutch subsidiary of China’s Wingtech Technology. The inquiry comes after media reports in April stating the British government would not intervene in the deal following a separate … [Read more...] about UK orders full national security review for Chinese takeover of semiconductor maker Newport Wafer Fab

HOUSTON, May 27 (Xinhua) -- Houston, the largest city of the southwestern U.S. state of Texas, is bracing for multiple protests crying for gun control, as the National Rifle Association (NRA) kicks off its annual convention in the city center on Friday, just days after the Uvalde, Texas, school shooting claiming 21 lives. Former U.S. President Donald Trump is scheduled to … [Read more...] about Houston braces for protests crying for gun control as gun lobby group kicks off convention

JAKARTA, May 27 (Jakarta Post/ANN): The landslide victory of Ferdinand “Bongbong” Marcos Jr., the namesake son of the Philippines’ late dictator, in the May 9 presidential election has prompted questions over the fate of the Suharto clan in Indonesia, 24 years after the late president was toppled. Soeharto family members have made repeated attempts in the past to get into … [Read more...] about A tale of two political clans – from Indonesia to the Philipines: The Marcos and Suhartos

Recap: Global shares rose yesterday, heading for a gain on the week, after minutes from the last Fed meeting suggested the US central bank may get less aggressive on monetary policy tightening. The SET index moved in a range of 1,623.6 and 1,646.37 points this week before closing yesterday at 1,638.75, up 0.97% from the previous week, in daily turnover averaging 63.54 billion … [Read more...] about Shares rise on relief over Fed stance

The Prayut Chan-o-cha government needs to pay heed to activists' calls to drop a bill that seeks to curtail non-governmental organisations (NGOs). Earlier this week, the activists and their networks began drumming up attempts to have the contentious bill shot down, alleging that it is a poorly modified version of the one they favour. In a recent radio discussion, Somboon … [Read more...] about NGOs need local support