Chinese Premier Li Qiang on Saturday announced the launch of a mega dam project on the Tibetan Plateau, in what is expected to be the world’s largest hydroelectric facility. The massive project, located in the lower reaches of the Yarlung Tsangpo River, has raised concerns about water supply and environmental impact downstream in India and…
US President Donald Trump, apparently impatient with the slow progress of negotiations, on Monday slapped 25 per cent unilateral tariffs on Japan and South Korea and equal or higher import taxes on several other nations ahead of a self-imposed Wednesday deadline. Analysts said the move shows that the mercurial American leader is using threats to…
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Volatility has gripped global equity markets this year — and according to some asset managers, now could be the perfect time to rethink emerging markets. Developing economies were hit particularly hard by U.S. President Donald Trump’s so-called “reciprocal tariffs” plans when he unveiled them in April, with Sri Lanka, Cambodia and Vietnam slapped with tariffs…
Fast fashion is known for being bad for the environment, generating a huge amount of textile waste. However, it’s also bad for the workers creating the garments, who are underpaid laborers working long hours in factories overseas. A prime example is Bangladesh, a country getting the short end of the stick in clothing manufacturing deals,…
A new report accuses fashion giants of not considering the welfare of workers affected by climate change in garment factories in Southeast Asia. Fashion brands including luxury label Hermes, sportswear giant Nike, and fast fashion chain H&M are in the hot seat amid new allegations of climate greenwashing after making commitments to slash carbon emissions…
Hong Kong’s win over India at Kai Tak Stadium on Tuesday will be talked about for years and earned a golden chance to qualify for the 2027 AFC Asian Cup, according to coach Ashley Westwood. A third successive goalless draw looked on the cards before Stefan Pereira’s stoppage-time penalty sparked wild celebrations among home fans….
DHAKA: Throwing down the gauntlet at Bangladesh chief advisor Muhammad Yunus, Tulip Siddiq, niece of deposed prime minister Sheikh Hasina and former minister in UK govt, has said, “I haven’t done anything wrong, and I have nothing to hide. If you’re serious about finding out the truth, meet me in Parliament – let’s talk”.She sent…
Hong Kong flag carrier Cathay Pacific Airways has said its operations remain unaffected by the conflict between India and Pakistan, which has forced some other airlines to re-route or cancel flights to and from Europe. Cathay Pacific said on Wednesday evening that it did not operate passenger flights in Pakistani airspace. And its cargo flights…
China. Bangladesh. Vietnam. India. These and other foreign countries are the backbone of America’s fast fashion industry, suppling around 98 percent of what fills our closets. Donald Trump’s sweeping tariffs will choke these supply lines. Vietnam faces the prospect of a 46 percent duty. India, 26 percent. For now, the tariffs are paused for 90…