Regions – Page 3564 – Prologue Journal

Singapore banks are so flush with cash that they’re struggling to work out what to do with it

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The liquidity surplus underscores how Singapore has been a beneficiary of Asia’s wealthy shifting their money to a perceived safe haven, even as customers flock to lock in high interest rates on fixed deposits.…

Your Wednesday Briefing

New York Times The destruction of a major dam in Ukraine. https://www.nytimes.com/2023/06/07/briefing/ukraine-dam-golf-merger.html

Malaysia hails ‘decisive victory’ over Sulu sultan’s heirs after French court ruling

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Malaysia’s law minister said the decision by an appeal court in Paris meant that the claimants ‘cannot rely on the sham award’ of US$15 billion that was granted earlier by an arbitrator. https://www.scmp.com/week-asia/politics/article/3223215/malaysia-hails-decisive-victory-over-sulu-sultans-heirs-after-french-court-ruling?utm_source=rss_feed

Fiji rethinks its China security ties as Pacific tensions rise: ‘our values differ’

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Fiji’s leader said it was reviewing a contentious police cooperation agreement it signed with China in 2011 that has allowed Chinese police officers to be stationed in the Pacific island nation. https://www.scmp.com/news/asia/australasia/article/3223217/fiji-thinks-twice-about-its-china-security-ties-amid-rising-pacific-tensions?utm_source=rss_feed

Pakistan-India rivalry risks ‘tit-for-tat’ cricket boycotts of Asia Cup, World Cup tournaments

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. India’s refusal to send its national team to Pakistan on security grounds has sparked concerns about the ‘politicisation’ of cricket – and the possibility that the ‘game could splinter’. https://www.scmp.com/week-asia/politics/article/3223104/pakistan-india-rivalry-risks-tit-tat-cricket-boycotts-asia-cup-world-cup-tournaments?utm_source=rss_feed

Thailand cuts power to Chinese-developed casinos at Myanmar border linked to cyberscams, drugs, human trafficking

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The towns of Shwe Kokko and Lay Kay Kaw in Myanmar host gambling and entertainment complexes developed by Chinese investors that are accused of being centres for drug and human trafficking. https://www.scmp.com/news/asia/southeast-asia/article/3223200/thailand-cuts-power-chinese-developed-casinos-myanmar-border-linked-cyberscams-drugs-human?utm_source=rss_feed

On the brink: Unpacking Israel’s unilateral strike threat against Iran

Jerusalem Post Israel has reaffirmed its capability for a preemptive strike on Iran, which would likely lead to a multifront war with serious ramifications for the region. https://www.jpost.com/middle-east/article-745470

Australia-Vietnam ties deepen with closer trade links, ‘convergent’ views on South China Sea

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Australian PM Anthony Albanese wants Vietnam to be one of his country’s ‘top tier’ partners as Canberra seeks to diversify away from China. https://www.scmp.com/week-asia/politics/article/3223154/australia-vietnam-ties-deepen-closer-trade-links-convergent-views-south-china-sea?utm_source=rss_feed

Malaysian couple parts ways over rare blood disorder that could endanger future baby

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The couple, both doctors at the same hospital, both have thalassaemia, a hereditary blood disorder that can result in anaemia and require regular blood transfusions. https://www.scmp.com/news/asia/southeast-asia/article/3223179/malaysian-couple-parts-ways-over-rare-blood-disorder-could-endanger-future-baby?utm_source=rss_feed

Internal Blast Probably Breached Ukraine Dam, Experts Say (Cautiously)

New York Times With Russia and Ukraine blaming each other for the collapse of the Kakhovka dam, experts say that an external attack or even structural failure might explain the disaster, but that it is not likely. https://www.nytimes.com/2023/06/06/world/europe/ukraine-kakhovka-dam-russia.html