Trump taps Hung Cao – who wants military recruits willing to ‘rip out their own guts’ – to serve as No. 2 Navy official 

Trump taps Hung Cao – who wants military recruits willing to ‘rip out their own guts’ – to serve as No. 2 Navy official 

President Trump nominated former Virginia Republican Senate candidate Hung Cao – an outspoken proponent of toughening up the standards for military service –  to serve as the under secretary of the Navy on Thursday. “Hung is the embodiment of the American Dream,” Trump said of his pick to serve as the second-highest ranking Navy official.  …

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China’s Chery Automobile applies for Hong Kong IPO

China’s Chery Automobile applies for Hong Kong IPO

CHINA’S Chery Automobile has applied for an initial public offering (IPO) in Hong Kong, seeking funds to develop new vehicles and technologies as well as to expand in global markets and improve domestic production facilities. Its filing with the Hong Kong stock exchange did not detail the size of the IPO or when a listing…

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Indonesia to strongly intervene as rupiah drops to five-year low

Indonesia to strongly intervene as rupiah drops to five-year low

The currency has slumped almost 3 per cent this year in the worst performance among major emerging-Asian peers INDONESIA’S central bank pledged to intervene strongly in markets on Friday (Feb 28) after the rupiah plunged to its lowest level in almost five years. “We will boldly enter the market to maintain the balance of foreign-exchange…

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‘The Pitt’ Episode 9 recap: “3:00 – 4:00 P.M.”

‘The Pitt’ Episode 9 recap: “3:00 – 4:00 P.M.”

Well, we lasted two minutes into Episode 9 of the The Pitt before we started crying. There we were, tearing up right along with Dr. Robby, as he and his staff sought to manage their raw feelings over losing a nine-year-old patient. But just like them, we had to push those emotions into a corner.…

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Bank of Japan vows to keep tapering bond buying despite rise in yields

Bank of Japan vows to keep tapering bond buying despite rise in yields

THE Bank of Japan (BOJ) will keep tapering its government bond purchases despite recent rises in yields, deputy governor Shinichi Uchida said on Friday (Feb 28), stressing its huge bond holdings continue to exert a strong stimulus effect on the economy. Uchida also reiterated the central bank’s readiness to continue raising short-term interest rates if…

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Interview with Catherine Wu

Interview with Catherine Wu

DR CATHERINE WU is secretary-general of GeekCon International, an initiative of Dark Navy, an independent security research institute. She introduced the GeekCon cybersecurity competition and conference to Singapore in May last year. Kwek Leng Beng fully supported the cause and serves as an honorary consultant to GeekCon. SPH Media’s Money FM 89.3 sat down with Catherine…

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JD.com’s food delivery foray unnerves investors as shares lag

JD.com’s food delivery foray unnerves investors as shares lag

INVESTORS in shares of JD.com face a gut check in next week’s earnings report from the online retailer as it girds for battle in the food-delivery space currently dominated by Meituan. JD.com officially launched its JD Takeaway platform earlier this month, while a number of its Chinese tech peers were garnering attention with artificial intelligence…

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