Enquire
+822 3450 1676
CALL US

Blog Archive

  1. Home
  2. Blog Archive

'Uighur Tribunal' to convene in Britain amid China outcry

LONDON (AFP) – A panel of Britain-based lawyers and rights experts investigating the plight of Uighurs in China will begin hearing evidence from witnesses on Friday (June 4), as Beijing branded it a “machine producing lies”. The “Uighur Tribunal” says its nine jurors will hear first-hand testimony of alleged crimes in the northwestern Chinese region of Xinjiang, including forced sterilisation, torture, disappearances and slave labour. The organisation, which has no state backing, plans to use the London hearings to issue a verdict on whether Beijing has perpetrated genocide or crimes against humanity against Uighurs and other Muslim groups in China. Tribunal vice-chair Nick Vetch declined to comment on China’s heated attacks. But he vowed its work would be “impartial”, based on evidence sessions this week and in September and on “thousands of pages” of documentary evidence already amassed. “The tribunal is an independent endeavour and it will deal with the evidence and only with the evidence,” Mr Vetch said. “We have invited the PRC (China) to provide us with any evidence they may have. So far, we’ve received nothing from them.” The tribunal plans to deliver its report in December, and while it would

Continue reading

US expert Fauci calls on China to release medical records of Wuhan lab workers: Report

WASHINGTON (REUTERS) – Top US infectious disease expert Dr Anthony Fauci has called on China to release the medical records of nine people whose ailments might provide vital clues into whether Covid-19 first emerged as the result of a lab leak, the Financial Times reported on Thursday (June 3). “I would like to see the medical records of the three people who are reported to have got sick in 2019. Did they really get sick, and if so, what did they get sick with?” the report quoted Fauci as saying. The origin of the virus is hotly contested, with US intelligence agencies still examining reports that researchers at a Chinese virology laboratory in Wuhan were seriously ill in 2019 a month before the first Covid-19 cases were reported. However, Chinese scientists and officials have consistently rejected the lab leak hypothesis, saying the virus could have been circulating in other regions before it hit Wuhan and might have even entered China through imported frozen food shipments or wildlife trading. Financial Times reported that Fauci continues to believe the virus was first transmitted to humans through animals, pointing out that even if the lab researchers did have Covid-19, they

Continue reading

US government finds no evidence that aerial sightings were alien spacecraft

WASHINGTON (NYTIMES) – American intelligence officials have found no evidence that aerial phenomena witnessed by Navy pilots in recent years are alien spacecraft, but they still cannot explain the unusual movements that have mystified scientists and the military, according to senior administration officials briefed on the findings of a highly anticipated government report. The report determines that the vast majority of more than 120 incidents over the past two decades did not originate from any American military or other advanced US government technology, the officials said. That determination would appear to eliminate the possibility that Navy pilots who reported seeing unexplained aircraft might have encountered programmes the government meant to keep secret. But that is about the only conclusive finding in the classified intelligence report, the officials said. And while a forthcoming unclassified version, expected to be released to Congress by June 25, will present few other firm conclusions, senior officials briefed on the intelligence conceded that the very ambiguity of the findings meant the government could not definitively rule out theories that the phenomenon observed by military pilots might be alien spacecraft. Americans’ long-running fascination with unidentified flying objects (UFOs) has intensified in recent weeks in

Continue reading

The global chip shortage doesn't mean all semiconductor prices will shoot up equally, says Natixis chief economist

The global chip shortage is causing problems for multiple industries and shows no signs of abating, but don’t expect prices for all types of chips to shoot up, says the Asia-Pacific chief economist of research firm Natixis.Car makers have been hit hardest by the shortage, but the crisis affects everything from gaming consoles to televisions.But not all industries or products may suffer the same way. In fact, there might even be an oversupply of certain chips, according to Alicia Garcia-Herrero of Natixis.”Those chips that for which I am expecting overcapacity, are the kind of lower-end chips,” she told CNBC on Thursday. “This is because China is entering that part of the supply chain very quickly with huge investment.”In other words, Garcia-Herrero said on “Squawk Box Asia,” there will be a segmentation of prices.”The lower end chips will have plummeting prices, very likely … But for the best ones — those that really are relevant for 5G and electric vehicles — we want. So these will have some inflationary consequences,” she said.The ongoing shortage was partly driven by companies stockpiling as the pandemic swept across the world and supply fears grew. But geopolitics is playing a part too.Amid the tech race between

Continue reading

JBS Says All Global Facilities Fully Operational After Cyberattack

(RTTNews) – JBS USA and Pilgrim’s said Thursday that all of its global facilities are fully operational after resolution of the criminal cyberattack on Sunday, May 30. The company said any lost production across the company’s global business will be fully recovered by the end of next week, limiting any potential negative impact on producers, consumers and the company’s workforce, the company said in a statement. The company noted that it is not aware of any evidence at this time that any customer, supplier or employee data has been compromised or misused as a result of the situation.

Continue reading

TikToker in space: Virgin Galactic to send up well-known researcher Kellie Gerardi

WASHINGTON (AFP) – Space tourism company Virgin Galactic announced Thursday (June 3) it will send researcher Kellie Gerardi, a well-known figure on TikTok, into space to conduct experiments for several minutes while weightless. The move presents an ideal opportunity for the company to flaunt its ambitions not only to send wealthy tourists on pleasure rides costing US$200,000 (S$265,083) or more, but also to advance science. The 32-year-old bioastronautics researcher, who is affiliated with the International Institute for Astronautical Sciences (IIAS), said she always believed the space tourism industry’s success could also “help open up opportunities for researchers like myself.” The first experiment conducted by Gerardi, who has more than 400,000 TikTok followers and some 130,000 on Instagram, will involve “astro skin,” in which sensors are placed under her flight suit to collect biometric data. While the process has already been used aboard the International Space Station, data has never before been collected during landing and takeoff. Virgin Galactic, founded by British billionaire Richard Branson, hopes to begin regular commercial suborbital flights in early 2022, with eventual plans for 400 trips a year. The flights are far from the classic rocket experience, with a carrier plane taking off

Continue reading

Libyan fighters attacked by a potentially unaided military drone, UN says

GENEVA (NYTIMES) – A military drone that attacked soldiers during a battle in Libya’s civil war last year may have done so without human control, according to a recent report commissioned by the United Nations (UN). The drone, which the report described as “a lethal autonomous weapons systems”, was powered by artificial intelligence (AI) and used by forces backed by the government based in Tripoli, the capital, against enemy militia fighters as they ran away from rocket attacks. The fighters “were hunted down and remotely engaged by the unmanned combat aerial vehicles or the lethal autonomous weapons systems”, according to the report, which did not say whether there were any casualties or injuries. The weapons systems, it said, “were programmed to attack targets without requiring data connectivity between the operator and the munition: in effect a true ‘fire, forget and find’ capability”. The UN declined to comment on the report, which was written by a panel of independent experts. The report has been sent to a UN sanctions committee for review, according to the organisation. The drone, a Kargu-2, was used as soldiers tried to flee, the report said. “Once in retreat, they were subject

Continue reading

Singapore Shares Expected To Remain Rangebound

(RTTNews) – The Singapore stock market has alternated between positive and negative finishes through the last four trading days since the end of the six-day winning streak in which it had jumped almost 75 points or 2.4 percent. The Straits Times Index now rests just above the 3,165-point plateau although it’s expected to head south again on Friday. The global forecast for the Asian markets is mixed to lower ahead of key U.S. jobs data later today, and the effect it may have on interest rates. The European markets were mixed and the U.S. bourses were down and the Asian market figure to split the difference. The STI finished slightly higher on Thursday following gains from the industrials and a mixed picture from the financial sector. For the day, the index rose 3.96 points or 0.13 percent to finish at 3,165.00 after trading between 3,159.60 and 3,177.10. Volume was 2.45 billion shares worth 1.15 billion Singapore dollars. There were 282 gainers and 223 decliners. Among the actives, Ascendas REIT rose 0.34 percent, while CapitaLand Integrated Commercial Trust and Singapore Exchange both added 0.48 percent, City Developments soared 1.56 percent, Comfort DelGro sank 0.60 percent, Dairy Farm International surged 2.06 percent,

Continue reading

UN Security Council urges Yemen oil tanker access

UNITED NATIONS, UNITED STATES (AFP) – The United Nations Security Council called on Houthi rebels to allow inspectors to visit a long-abandoned fuel tanker off Yemen “without further delay” Thursday (June 3). The 15-member council held a special meeting on FSO Safer at the request of Britain after the rebels said an agreement to allow the UN mission had “reached a dead end.” The 45-year-old fuel vessel FSO Safer has 1.1 million barrels of crude on board and has been abandoned near Yemen’s western port of Hodeida since 2015. The UN says it threatens a catastrophic oil spill that would destroy Red Sea ecosystems, shut down the fishing industry and close Yemen’s lifeline Hodeida port for six months. Members urged the Houthis to “facilitate unconditional and safe access for UN experts to conduct a comprehensive and impartial assessment and initial repair mission without further delay,” a statement said. UN inspectors were initially meant to assess the tanker last year but the mission has been repeatedly delayed over disagreements with the rebels. The Houthis insist that the UN team conducts maintenance work but the world body says it must be allowed to assess the site

Continue reading
Stay Updated

      Global Asset Management was founded on the principals of providing excellence in customer service and wealth management. Many years later our approach has remained the same. We pride ourselves on our long-term and multi-generational relationships.

      ADDRESS

      17F East Center
      Center 1 Building
      26 Euljiro 5 gil
      Jung-gu
      Seoul 04539, Korea

      PHONE

      +822 3450 1676

      EMAIL

      info@global-asset-mgmt.com