The irony in his statement was not lost on analysts, who pointed out that last week’s two successive daily yuan devaluations by the People’s Bank of China had resulted in only a 3 per cent drop in the yuan-dollar rate, while Japan’s own currency, the yen, has crashed 35 per cent in value over the past two years.
Fuck the Japs.
Saturday, 22 August 2015
Thursday, 20 August 2015
Move over Tinder - a crop of dating apps in smartphone-addicted Asia are offering to recruit friends for group dates or send along a chaperone to steer the course of romance.
As Singapore surveys the future landscape on its 50th birthday, it has come to the striking realisation that the staying on the frontier of the global economy will entail having a markedly different game plan from that of playing catch-up.
To be, or not to be? That was the question facing Chinese railway signalling engineer William Shen for three years: should he stay where he was, working for a well-known German manufacturing conglomerate, or move on and join a private Chinese firm formed only six years ago?
In response to expected flat world trade growth abroad and moderate economic activity at home, China is packaging a series of initiatives to help bolster both. The plans will significantly expand Singapore’s importance to South-east Asia’s financial, trade and logistics services.
Wednesday, 19 August 2015
The probe on who could be behind the deadly blast in central Bangkok is focusing on a revenge motive by Uygur militants as it has now emerged that Thai authorities received intelligence that Chinese tourists could be a target of attacks.
Sunday, 16 August 2015
“Sugar dating” sites, which pair young women with rich older men willing to pay lavishly for companionship, have, in recent years, begun targeting people in Singapore. And hundreds have been signing up, leading to some to call for them to be banned as they could draw young women into prostitution.