Delivery Hero shares pop 10% as European food delivery giant plans IPO of Middle East unit
European food delivery firm Delivery Hero says it plans to spin off its Middle East business Talabat and float it on the Dubai stock exchange later this year.
Recent Developments and News in Asia
Ambani touts AI, bonus stock but stays silent on units’ IPOs
Billionaire Mukesh Ambani unveiled ambitious plans for Reliance Industries to develop cutting-edge artificial intelligence tools, but gave no details on the much-awaited listings of its telecoms and retail units in his annual shareholders’ address.
Bangladesh’s government led by Yunus signs UN convention involving enforced disappearance
DHAKA, Bangladesh (AP) — Bangladesh’s interim government on Thursday signed the instrument of accession to an international convention of the United Nations aiming at preventing enforced disappearances as a state party, authorities said.
Sinkhole swallows car in Seoul, 2 seriously injured
Two people in South Korea were seriously injured as a sink hole swallowed the car they were travelling in on Thursday (Aug 29) morning.
An Afghan woman who sings outdoors to protest the Taliban’s morality laws says she won’t be silenced
ISLAMABAD (AP) — A woman who posted a video of herself singing outdoors in Afghanistan to protest the Taliban’s morality laws, which include a ban on women’s voices in public, said Thursday she won’t be silenced.
Lawyer blames psychiatric disorder shared by 3 Australian Christian extremists for fatal siege
MELBOURNE, Australia (AP) — Three Christian extremists would probably not have fatally shot two police officers and a bystander in an ambush on a rural Australian property and wounded a third officer two years ago if they had not shared the same psychiatric disorder, a coroner was told on Thursday.
Putin to travel to Mongolia next week despite an ICC warrant for his arrest
Russian President Vladimir Putin will visit Mongolia next week, the Kremlin said Thursday, despite the country being a member of the International Criminal Court, which last year issued a warrant for his arrest.
Foreign governments criticize Hong Kong’s convictions of two journalists
HONG KONG (AP) — The convictions Thursday of two Hong Kong journalists who led a now-shuttered online news outlet have deepened concerns of media groups and foreign governments over the city’s press freedom, though local officials say there are no restrictions when journalists stick to the facts.