China military took measures to warn Australia in jet incident, its ministry says

BEIJING (Reuters): China's military took necessary measures to warn Australia, the foreign ministry in Beijing said, after Australia said a Chinese fighter jet endangered an Australian military helicopter during an "unsafe" confrontation over the Yellow Sea. "The Australian military aircraft flew near China's airspace in a threatening way," said Lin Jian, a spokesperson for China's foreign...

Man on stabbing spree in China hospital attack leaves two dead, 21 wounded

BEIJING (AFP): Two people were dead and 21 wounded after a man went on a stabbing spree at a hospital in southwest China on Tuesday, local officials said. "A knife attack occurred at the Chengnan Hospital in Zhenxiong County, which resulted in two deaths and 21 injuries," a statement on the county's official WeChat account said. The...

Thai police arrest American fleeing 25-year jail term

BANGKOK (AFP): Thai police have arrested an American who fled a 25-year jail sentence in the United States for kidnapping, sex trafficking and other crimes, officers said Tuesday. Selva Delano Mudaliar was jailed for at least 25 years by a court in the US state of Oregon in March this year, according to a Thai police...

Three bidders win Vietnam gold auction at high price

HANOI: The State Bank of Vietnam (SBV) announced the result of Wednesday's (May 8) gold auction, with three winning bidders securing 34 lots. The only winning bid price is VNĐ86.05 million (US$3,383 per tael), which is VNĐ750,000 per tael higher than the reference price. As a result, a total of 3,400 taels of SJC-branded gold bars have...

AstraZeneca to withdraw Covid-19 vaccine globally as demand dips

NEW YORK: AstraZeneca said on Tuesday it had initiated the worldwide withdrawal of its Covid-19 vaccine due to a "surplus of available updated vaccines" since the pandemic. The company also said it would proceed to withdraw the vaccine Vaxzevria's marketing authorizations within Europe. "As multiple, variant Covid-19 vaccines have since been developed there is a surplus of...

Criticism continues for fast-food chain over controversial social media post

PETALING JAYA: The controversy surrounding Darsa Fried Chicken (DFC) continues even after it issued an apology over a term used in a social media post many took as racist. MCA National Youth vice chief Tan Yang Pang (pic) said DFC's remarks were concerning. He said many on social media had questioned DFC's prices and the outlet's social media administrator...

KL Monorail back in full service as of 5pm, May 8

PETALING JAYA: Rapid Rail Sdn Bhd's (Rapid Rail) monorail services resumed full operations by 5pm Wednesday, says the service provider. "Cleaning and repair works were successfully carried out by Rapid Rail and the local authorities at 5.55am (Wednesday, May 8). "Operators and structural engineers also completed several thorough and detailed inspections based on fixed safety standards. "This is...

Spot ETFs in Hong Kong launch softened outflow from US funds

The outflow of investments in digital assets for the fourth week in a row amounted to $251 million. According to CoinShares data, the week from April 27 to May 3 marked the first time there were any measurable outflows from newly issued U.S. ETFs. The average purchase price of the underlying ETF asset since launch is $62,200 per...

5 Solana-only protocols rank top-10 in defi volume

As traders and investors seek gains, this year’s Solana rebirth has buoyed SOL-native exchanges to the forefront of defi activity. DefiLlama data shows five Solana-only protocols appeared in the top 10 decentralized exchange (DEX) volumes in the past 24 hours. A DEX is a trading venue built atop a blockchain that allows users to buy, sell, and swap cryptocurrencies. On-chain...

Binance releases 18th proof of reserve

Binance, crypto’s largest exchange, disclosed reserve increments across the top five digital assets by market cap despite a slump in prices over the past month. The Binance proof-of-reserve (PoR) reported an excess backing of at least over 104% for Bitcoin (BTC), Ethereum (ETH), Tether (USDT), BNB, and Solana (SOL). “When we say Proof of Reserves, we are specifically...