Regional Headlines Southeast Asia - 1st August 2022
John SmithEngland not focusing on rivalry with Germany ahead of Euro final, says Wiegman. Bank of England to get more aggressive with 50 bps hike on Thursday. The US Treasury is expected to make its fourth straight reduction in a quarterly sale of longer-term debt this month, with most dealers predicting extra cutbacks for the 20-year bond. Lucky Strike maker BAT takes $1.2 bln hit from Russian exit. The Taiwan dollar slid past a key psychological level of 30 per US dollar for the first time since June 2020 amid bleak economic prospects for the island. HSBC H1 pretax profit falls 15%, increases profitability goal. President Joe Biden tested positive for Covid-19 for a second consecutive day as he continues to deal with a rebound case of the disease. This is fun or retweet and it comes straight to your inbox. Italian rockers are quickly becoming global superstars with a fan base that stretches from Angelina Jolie and Miley Cyrus to Jared Leto and Keith Richards . Tougher rules to protect consumers to start July 2023, says UK financial watchdog. The CEO of Pearson says technology like the blockchain could help the company take a cut from secondhand sales of its materials as more books go online. India to ground MiG-21 fighter jets by 2025 - report. Thai farmers raced their water buffaloes at a muddy annual race to mark the beginning of a new rice growing period during the monsoon season. This, and more in our weekly roundup of stories that made us smile. A former Brazil Central Bank director who helped cut interest rates to an all-time low is now advocating for more aggressive hikes than most economists expect. There's a Chinese megacity where masks are rare and clubs are packed ??? and it illustrates why Xi is staying the course with Covid Zero. India confirms first monkeypox death in southern state of Kerala. Myanmar's military government extended a state of emergency for another six months, saying the country needs more time to return to stability and prepare for elections. Japan's Hayashi says 'logic of brute force' gaining traction in Indo-Pacific. New Zealand Prime Minister Jacinda Ardern urged China to condemn Russia's invasion of Ukraine, saying Beijing has benefited from international rules and has a duty to uphold them. UK car production rises in June as supply chain snags ease. 'Wen Flippening?' An eye-popping surge in Ether and a coming upgrade of its blockchain have fans of the No. 2 crypto token betting it will overtake Bitcoin in market value. China's factory activity unexpectedly contracted in July, reversing earlier economic momentum as sporadic Covid outbreaks weigh on the recovery.