Asian Angle | North Korean soldiers: the future protectors of China’s belt and road?

Read a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try. Click here to return to FAST Tap here to return to FAST FASTFrom growing up in a wealthy family to losing it all when she was just 15, group CEO and founder of The Parentinc, Roshni Mahtani Cheung, is our guest on this episode of How I Made It.She tells Andrea Heng how she built her business...

SummarySenior Labour figures have called on the government to reassess Chinese investments in UK infrastructure following the British Steel crisis, expressing concerns that improving relations with Beijing could jeopardize national security. This plea came after the government took control of the Scunthorpe steel plant from its Chinese owners, Jingye, during a tumultuous weekend. Despite this situation, government officials maintained that the UK remains open to Chinese funding, emphasizing the ongoing commitment to foreign investment. Full...

SINGAPORE: A CIMB Singapore survey reveals that approximately two-thirds of residents aged 26 to 60 aspire to be financially independent by ages 40 to 60, with over half believing they need S$1 million for this goal. Despite acknowledging financial independence as achievable, respondents cited high living costs, family responsibilities, and low income as barriers, while 40% reported anxiety about their financial future. Additionally, younger participants showed more confidence in managing finances, yet only half of...

Eligible Singapore households can claim up to S$400 in Climate Vouchers starting April 15, 2025, to purchase energy- and water-efficient products, with a deadline of December 31, 2027. The vouchers, announced by Prime Minister Lawrence Wong, provide an additional S$100 for HDB households on top of the previous S$300, and are also extended to families in private properties. Over 870,000 HDB households have utilized the vouchers since the program's enhancement in April 2024, promoting the...

UK's approach to trade with China has faced criticism for enabling significant Chinese investment in crucial UK infrastructure. Recently, business secretary Jonathan Reynolds suggested that Jingye, the Chinese owner of British Steel, is responsible for the neglect concerning the threatened blast furnaces in Scunthorpe. This situation exemplifies the UK's contradictory stance towards Beijing, reflecting a broader challenge in balancing economic engagement with national interests. Full Article

China has cautioned the UK government against politicizing the dispute over the Scunthorpe steel plant, emphasizing that such actions could dissuade Chinese investment in the UK. A spokesperson for the Chinese foreign ministry asserted that Jingye, the owner of British Steel, operated as a commercial entity in attempting to close the plant, rather than as a representative of the Chinese government. The ongoing tensions highlight concerns over the future of Chinese business interests in the...