A Bangladesh airline passenger aircraft crashed while descending at Nepal’s Kathmandu airport on Monday, an airport official said. It was not immediately known how many passengers were on board the plane which caught fire. “We are trying to bring the fire under control. Details are awaited,” airport spokesman Birendra Prasad […]
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Trump gun proposal skips age limits, focuses on teaching educators how to use guns instead
The White House on Sunday pledged help from the Justice Department for training armed American teachers, but dropped an idea the president discussed earlier about age limits on gun purchases, NBC News reported. The move is part of President Donald Trump’s plan to respond after 17 students were massacred at […]
Putin ordered a plane to be downed in 2014 due to a bomb threat, but it was a false alarm
Russia‘s Vladimir Putin in 2014 ordered a passenger aircraft which was reported to be carrying a bomb and targeting the opening of the Winter Olympic Games in Sochi to be downed, the president said in a film shown on Sunday. In a 2-hour documentary titled “Putin” and available on Russian […]
China is at risk of a banking crisis, a central bank body says
China is one of the economies most at risk of a banking crisis, according to the Bank of International Settlements, which published its quarterly review on Sunday. The report, which included a study on the early signs of a banking crisis, found China’s debt — measured by a credit-to-GDP gap […]
Researchers are studying fish-eating bats to teach robots to talk to each other
An Israeli researcher, who has studied bats for nearly two decades, is trying to apply his findings to improve the way robots can communicate with one another using sound. Yossi Yovel, who heads the Bat Lab for Neuro-Ecology at Tel Aviv University, said his team was studying the way that […]
‘Fake news’ and hoaxes catch fire in India as millions see YouTube for the first time
YouTube is tackling hoaxes and other problems that plague it in much of the developed world, but it’s falling short in a booming new market. In India, fake news, hoaxes and other misleading videos have thrived on Google’s video platform with little friction for years. Despite outcries, users and YouTubers […]
US steel tariffs will hurt some Asian companies more than others: Nomura
Recent tariffs on U.S. steel imports will likely hurt some Asian steel producers more than others, according to Nomura. Smaller South Korean companies are expected to be hit harder than their larger counterparts while Japanwill probably experience minor impact after U.S. President Donald Trump last week signed off on tariffs […]
Don’t count on Beijing to resolve fallout from any debt blowup, says expert
The belief in an “implicit guarantee” from the Chinese government on debt is a big problem, said a finance professor on Monday. “I’m concerned with what a lot of people believe, [that] the government is going to take care of investment losses. Under that impression, they are going to take […]
North Korea’s silence on meeting with US is likely due to caution: South Korea
North Korea’s silence on its upcoming summits with the United States and South Korea is likely due to caution over organising its stance regarding the meetings, South Korea’s Ministry of Unification said on Monday. “We have not seen nor received an official response from the North Korean regime regarding the […]
Tell us what you think: What could be the next stumbling block for this bull market?
February’s robust U.S. jobs numbers were seen as a “Goldilocks” report that was just right for the markets: Not too hot to indicate an overheating economy and not too cold to suggest the Federal Reserve should be concerned. That was in comparison to when expectation-topping average hourly earnings in the […]