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IMF Rumors May Be the Scare South Africa Needs

The Washington-based lender, central bank and the government have said South Africa doesn’t need IMF help and that authorities can still do what’s needed. While President Cyril Ramaphosa and the ruling African National Congress will be unlikely to request support, the nation’s biggest business...

U.K. Consulate Worker Goes Missing After China Trip, HK01 Says

A U.K. consulate employee was reported missing in Hong Kong after he failed to return home from a trip to mainland China earlier this month, the local news site HK01 reported . The employee Simon Cheng, 28, hasn’t contacted his family since Aug. 8 when he was due to return home after a meeting in...

China Considering Increasing Local Debt Sales to Boost Stimulus

China is considering allowing provincial governments to issue more bonds for infrastructure investment, people familiar with the matter said, a move that would boost government stimulus as the economy continues to decelerate. Policy makers may raise the annual quota for so-called special bonds from...

Singapore Cuts Growth Outlook to Near Zero as Trade War Deepens

Singapore’s government cut its forecast for economic growth this year to almost zero as the escalating U.S-China trade war dampens the region’s most trade-reliant economies. Singapore’s economy now is seen growing 0.0%-1.0% this year, down from a previous projection of 1.5%-2.5%, the Ministry of...

Hong Kong Stocks Resume Retreat as Protest Fallout Deepens

Hong Kong’s stocks fell amid renewed pressure after protesters brought the city’s airport to a standstill Monday, highlighting the economic fallout from weeks of anti-government demonstrations that show no sign of easing. The Hang Seng Index fell as much as 1.7% Tuesday, as the city’s international...

Saudi Aramco First-Half Profit Falls 12% on Lower Oil Prices

Saudi Aramco posted a 12% decline in profit as the world’s biggest oil exporter reported first-half results for the first time, ahead of a potentially record-breaking share sale. Net income was $46.9 billion, down from $52.9 billion a year earlier, state-owned Aramco said Monday. The results,...

Uber Freezes Hiring of U.S. Tech Staff, Seeks to Cut Costs

Uber Technologies Inc. said it instituted a hiring freeze for employees working on software and services across the U.S. and Canada, as the ride-hailing company faces mounting losses. An Uber spokesman said Friday that the San Francisco-based company has put a pause on hiring new software engineers...

British Airways Loses Bid to Block U.K. Pilots' Summer Walkouts

British Airways lost a U.K. court bid to halt a pilot strike, in a ruling that may clear the path for walkouts at the height of the busy summer travel season. The ruling Wednesday raises the risk of the airline’s first pilot strike in about four decades, in a dispute about pay, profit sharing and a...

China Imposes Taiwan Travel Ban in Warning Shot to President

In its latest effort to increase pressure on Taiwan, Beijing said it will suspend a program that allowed individual tourists from 47 Chinese cities to travel to Taiwan, citing the current state of relations between the two sides. The ban is effective from Aug. 1, according to a statement Wednesday...
CC BY-SA 4.0 D-Crunch performing at the K-pop Musical Festival at COEX on June 1, 2019.

NINE CHARMING BOYS, D-CRUNCH COMING TO YANGON SOON

D-CRUNCH, also known as Diamond Crunch, the hottest rising boy group from South Korea will be coming to Yangon, Myanmar for a three-day promo tour this July. The group consist of nine talented young boys known as O.V, Hyunwook, Hyunho, Hyunwoo, Hyunoh, Minhyuk, Chanyoung, Jungseung and Dylan...

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