Stock futures are little changed after S&P 500 posts longest win streak since November: Live updates
U.S. stock futures were flat Monday night after the S&P 500 and the Nasdaq Composite notched their longest winning streaks of 2024.
Recent Developments and News in Asia
Philippines detects first mpox case this year, yet to determine strain
MANILA — The Philippines has detected a new case of the mpox virus in the country, the first since December 2023, its health department said on Aug 19, adding it was awaiting test results before being able to determine the strain.
Harris proposes raising the corporate tax rate to 28%, rolling back a Trump law
Vice President Kamala Harris is calling for raising the corporate tax rate to 28%, her first major proposal to raise revenues and finance expensive plans she wants to pursue as president.
Some of China’s best cultural ambassadors are foreign vloggers
According to data released by the National Immigration Administration, more than 14.6 million foreigners entered China in the first half of 2024, a year-on-year increase of 152.7 per cent. Among them, 8.5 million people entered China without a visa, accounting for 52 per cent — a year-on-year increase of 190.1 per cent. With the support of the visa-free transit policy, it is more convenient for foreign tourists to explore China.
Trump says he would offer Tesla CEO Elon Musk a Cabinet slot, but might end EV tax credit
Former President Donald Trump on Monday said he would offer Tesla and SpaceX CEO Elon Musk a Cabinet position or an advisory role in his administration if he wins a second term in the White House.
How did Singapore’s new PM Lawrence Wong fare in his first National Day Rally speech?
The personable style of new Singapore Prime Minister Lawrence Wong in his first National Day Rally speech was well received, but experts cautioned that the reset in social safety net policies he outlined could seem incremental rather than the radical change some had anticipated.
India’s Modi to visit Ukraine on Friday, weeks after trip to Russia
India’s government has sought to balance close ties with both Russia and Western allies.
Philippines Reports First Mpox Case Since W.H.O. Declared Global Emergency
The Philippines reported its first case this year of mpox, previously known as monkeypox, on Monday, just days after the World Health Organization declared the disease a global health emergency.