Tag: Asia

[ad_1] Twelve people died in a fire at a nickel processing facility at Indonesia Morwali Industrial Park early Sunday morning. Nearly 40 people were injured. The fire started at 5:30 a.m. with an explosion during furnace maintenance at a plant owned by PT Indonesia Tsingshan Stainless Steel, one of 52 tenants at industrial site that covers 3,000 hectares on the eastern side of Sulawesi. It was extinguished a little after 9 a.m., according to an official statement from IMIP. [ad_2] Source link

[ad_1] Shares in Asia headed for opening gains after US stocks resumed a rally fueled by fresh data underscoring the pressure on the Federal Reserve to deliver more 2024 interest rate cuts than it flagged last week. [ad_2] Source link

[ad_1] The press is reporting that the Biden Administration is contemplating the use of military force in response to continuing attacks on commercial shipping by the Houthi militia in Yemen. It’s about time. The Houthi missile attacks pose the most significant threat to global shipping in decades, and they will continue unless a global coalition unites to stop them. The USS Carney, a destroyer operating in the Red Sea, shot down no fewer than 14 attack drones launched from Houthi-controlled territory in Yemen on Saturday. A British warship shot down a Houthi drone after it was dispatched to the region ... Read more