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Hong Kong MTR CEO to exit a year early in wake of cross-border rail link delay

Hong Kong MTR CEO to exit a year early in wake of cross-border rail link delay

[South China Morning Post - 16 July 2014] MTR Corporation chief executive Jay Walder will step down next month - a year earlier than scheduled - after an internal report yesterday criticised him for "poor judgment" over the delayed cross-border rail project. The decision was a "mutual agreement" that would be "beneficial" to... 

Singapore hardest hit when China economy slows

Singapore hardest hit when China economy slows

Slowing China economy would hit Singapore the worst, says BNP study (14 Jul) - Regardless of whether China is the biggest economy in the world, it is of growing significance to the rest of Asia as a potential source of economic shocks. The old market maxim that when the United States sneezes, the world catches a cold is increasingly... 

Philippines: Friendly fire kills 6 of its soldiers

Philippines: Friendly fire kills 6 of its soldiers

Philippine Army (10 Jul) - A Philippine military investigation concluded Thursday that friendly fire and not Muslim extremists as reported earlier killed six elite army soldiers during a clash in the restive southern region last month. Armed Forces of the Philippines chief Gen. Emmanuel Bautista was saddened by the finding and... 



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