Migrant workers sent $650bn overseas last year – what it means
People living abroad are sending more money to their families at home, but what types of money transfer services are available and how do they work?
Asian news from Eu
Thailand’s disbanded Move Forward regroups as new party, eyes power in 2027
All 143 surviving Move Forward lawmakers have joined the new party to be led by 37-year-old Natthaphong Ruengpanyawut, a former executive of a cloud software company who joined Move Forward in 2019.
Pro-Israel G7 ambos boycott Japan A-bomb ceremony
Ambassadors to Japan from the other G7 nations – the US, UK, Canada, Germany, France and Italy – refused to attend Friday’s (August 9) peace ceremony in Nagasaki because the Israeli ambassador had not been invited. The only other countries not invited were Russia and Belarus.
China’s Asean trade faces more barriers amid fears of overcapacity, imbalance
Beijing’s strategy to reshape China’s trade profile to boost exports to Southeast Asia has been put to the test by a growing array of barriers in the region that are responding to supply chain shifts, analysts said, with the curbs also coming at a time of weakening shipments to the 10-nation bloc.
Barclays scraps EU bonus cap for senior bankers
Barclays has become the latest bank to substantially raise a cap on bonuses for its top bankers, an internal memo seen by Reuters showed on Thursday.
Banks face tough new security standards in the EU — their tech suppliers are under scrutiny, too
Financial services companies and their digital technology suppliers are under intense pressure to achieve compliance with strict new rules from the EU that require them to boost their cyber resilience.
4 Chinese nationals, pilot killed in Nepal chopper crash
A helicopter crashed in central Nepal on Wednesday, killing all five people aboard, including the pilot and four Chinese tourists.