A Chinese vessel and a Philippine supply ship collided near the disputed Spratly Islands in the South China Sea on Monday, China's coast guard said, in the latest flare-up of escalating territorial disputes that have sparked alarm.
The coast guard said a Philippine supply ship entered waters near the Second Thomas Shoal, a submerged reef in the Spratly Islands, part of a territory claimed by several nations. The Philippines says the shoal falls within its internationally recognised exclusive economic zone and often cites a 2016 international arbitration ruling invalidating China's expansive South China Sea claims based on historical grounds.
Diese Geschichte stammt aus der June 18, 2024-Ausgabe von The Morning Standard.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der June 18, 2024-Ausgabe von The Morning Standard.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Govt to borrow ₹6.61L cr in H2, maintains target
The Centre has retained its borrowing target for the current financial year as it announced its ₹6.61 lakh crore borrowing plan for the second half of the financial year.
Asset quality problems to lift MFIs credit cost
RISING credit cost stemming from asset quality challenges that have begun to surface since many months now will crimp the profitability of microfinance institutions due to the higher credit cost which will halve their return on managed assets to 2-2.5% this fiscal from a high of 4% last fiscal.
SpiceJet starts clearing salaries of employees
AVIATION DAYS after raising 3,000 crore through a Qualified Institutional Placement (QIP), budget carrier SpiceJet has started crediting the pending salaries of its employees for the months of June, July and August.
Nifty rises 20%, Sensex gains 19% in CY24
Rally is primarily driven by unprecedented surge in liquidity from domestic investors - both institutional and retail
Sebi eases reporting norms for trading, clearing members
MARKET watchdog Sebi has done away with as many as 90% of the reporting requirements for market makers like trading members, clearing members, and depository participants.
Byju's insolvency case: SC halts creditors meeting
THE Supreme Court on Thursday reserved its verdict and directed the Insolvency Resolution Professional (IRP) of edtech firm Byju's to maintain status quo and not hold any meeting of the Committee of Creditors.
OMCs can reduce petrol, diesel prices by ₹2-3: ICRA
OIL marketing companies (OMCs) could reduce petrol and diesel prices by ₹2-3 per litre if the international crude prices remain stable, according to a report by ICRA.
Hurun's under-35 list: Isha Ambani, Parekh yongest women entrepreneurs
Reliance Retail Ventures’ executive director Isha Ambani, 32, and Toddle co-founder Parita Parekh, 32, are the youngest women entrepreneurs in the 2024 hurun India Under-35 list.
Swiggy to raise ₹3,750 cr through public offer
FOOD tech firm Swiggy said on Thursday it aims to raise ₹3,750 core ($449 million) in its initial public offering (IPO). existing shareholders such as Accel India and Tencent europe will sell about ₹185.3 million shares, Swiggy said in its draft prospectus.
Reform pain after IMF's $7 bn relief package to Pak
ISLAMABAD PAKISTAN said on Thursday it would have to go through \"transitional pain\" after the International Monetary Fund agreed to a new relief package of $7 billion to bolster its economy.
