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Shimao Group’s Hong Kong Airport Hotel Faces Bank Seizure, June 08
Shimao Group’s 1,200-room Sheraton hotel near Hong Kong Airport faces bank seizure after defaulting on a HK$4.5 billion loan.
China’s 100 Billion Yuan Stimulus Drives Lending Surge, June 08
China’s 100 billion yuan stimulus drives 8.8 trillion yuan in new lending, targeting small businesses, equipment upgrades, and consumer services.
Man Arrested After 5-Hour Standoff in Yishun, June 07
32-year-old arrested in Yishun after car crash and five-hour standoff. Police found stun device and drug paraphernalia in flat.
Australia’s $150B Data Centre Boom Saves Economy, June 07
Australia’s $150 billion data centre boom drives economic growth with 160+ facilities operating and 90 planned, raising energy and water concerns.
High Court Orders Parity for Khemka in Empanelment, June 07
Punjab and Haryana High Court grants relief to retired IAS officer Ashok Khemka, ordering parity in empanelment after discriminatory treatment.
Kyrgyzstan Joins UN Security Council as First-Time Member, June 07
Kyrgyzstan elected to UN Security Council as non-permanent member for the first time, joining the 15-member body with expanded global influence.
Telangana Launches Digital Fertilizer App, Fruit Market Project, June 07
Telangana launches APAIMS app for urea and DAP fertilizer sales across 26 districts, plus international fruit market in Ranga Reddy.
India LPG Price Rises ₹29 to ₹942 Per Cylinder, June 07
India raises domestic LPG prices by ₹29 to ₹942 per cylinder on June 7, the second hike in three months amid West Asia tensions.
Hong Kong Banks Raise Fixed Deposit Rates to 2.88%, June 07
OCBC and Standard Chartered raise Hong Kong fixed deposit rates to 2.88% with cash rebates. Savers earn higher yields as banks compete for deposits.