Bali shooting victim released from hospital as police continue to hunt gunmen
Indonesian police believe the shooters responsible for the death of a Melbourne man at a Bali villa have fled the holiday island.
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Business Recorder
2 hours ago
- Business Recorder
Asian currencies edge up
BENGALURU: Most Asian currencies inched slightly up on Monday as the dollar lost ground in volatile trading, while equities fell due to the intensifying conflict between Israel and Iran, with investors awaiting several central bank meetings this week. Bank Indonesia is set to announce its monetary policy decision on Wednesday, hours before the US Federal Reserve, and is broadly expected to keep its benchmark interest rate steady after a surprise rate cut last month. The Bangko Sentral ng Pilipinas (BSP) is expected to cut its key policy rate by 25 basis points, while Taiwan's central bank is likely to maintain its interest rate, given the strong performance of the tech-focused economy. Both central banks will announce their rate decisions on Thursday. The Taiwanese dollar, which touched a fresh three-year high last week and is up more than 10% this year, gained 0.5%. The Indonesian rupiah and the South Korean won edged up 0.2% each. The dollar index, which measures the currency against six peers, dipped 0.3% in choppy trading after gaining ground earlier, as rising geopolitical tensions following the escalation of an Israeli-Iranian conflict drove safe-haven flows into it. Moreover, most emerging Asian economies, except Malaysia, import the bulk of their oil requirements and an increase in crude prices also hurts their currencies. Oil prices were volatile on Monday, after surging 7% on Friday. Regional equities were broadly lower, with stocks in Manila and Jakarta falling 0.6% and 0.3%, respectively. Analysts at Nomura said while previous geopolitical events have typically caused only temporary market volatility, the recent strong rally in equities suggests a potential for de-risking and profit-taking.
Yahoo
6 hours ago
- Yahoo
Pilot Dies and 31 Tourists Are Injured After 2 Separate Hot Air Balloon Accidents in the Same Location
A pilot is dead and 19 tourists from Indonesia are injured after a hot air balloon crashed in central Turkey on Sunday, June 15 The same morning, another hot air balloon accident resulted in the injury of 12 people 'Unfortunately, our pilot got stuck under the basket and died,' Aksaray Governor Mehmet Ali Kumbuzoglu saidA pilot is dead and 19 tourists are injured after a hot air balloon crashed in Turkey, on the same morning that 12 people were injured in a separate crash, according to reports. On Sunday, June 15, a hot air balloon carrying Indonesian tourists was impacted by a change of wind. The pilot was attempting to make a difficult landing near the village of Gözlükuyu in the Aksaray province when the operator fell out of the basket and his feet became caught in the rope, the Associated Press, London Lifestyle Magazine and Euro News reported. 'Unfortunately, our pilot got stuck under the basket and died,' Aksaray Governor Mehmet Ali Kumbuzoglu said in a statement, according to the AP. A video reviewed by the outlet showed the deflated balloon and the basket on its side on the ground as emergency responders cared for the injured passengers. An investigation into the incident is ongoing. The Republic of Türkiye Ministry of Foreign Affairs did not immediately respond to PEOPLE's request for comment. Local media also reported that 12 tourists were injured that morning after a hot air balloon took off from the same location and experienced a hard landing, according to London Lifestyle Magazine. They were treated for minor injuries. Central Turkey is a popular tourist destination, especially for hot air balloon rides because of the rock-hewn sanctuaries that provide evidence of Byzantine art and 'fairy chimneys' — the fantastical rock formations in Cappadocia, which are a UNESCO World Heritage Site. Never miss a story — sign up for to stay up-to-date on the best of what PEOPLE has to offer, from celebrity news to compelling human interest stories. 'The density of its rock-hewn cells, churches, troglodyte villages and subterranean cities within the rock formations make it one of the world's most striking and largest cave-dwelling complexes,' the organization said. Read the original article on People
Barnama
9 hours ago
- Barnama
Prabowo, Wong Urge Peace Talks On Gaza, Israel-Iran And Myanmar
By Mohd Iswandi Kasan Anuar JAKARTA, June 16 (Bernama) -- Indonesian President Prabowo Subianto and Singaporean Prime Minister Lawrence Wong on Monday agreed to promote peaceful resolutions to several escalating regional and global crises, including the conflict in the Middle East and the political turmoil in Myanmar. Speaking after the annual Leaders' Retreat at Parliament House in Singapore, Prabowo said both countries shared 'deep concern' over the ongoing situation in Gaza and rising tensions between Israel and Iran. bootstrap slideshow 'We underscore the importance of a peaceful solution and negotiations, and we call for an immediate ceasefire,' he said at a joint press conference, according to a statement from the Presidential Secretariat. The leaders also emphasised the need for constructive engagement to support a peaceful resolution to Myanmar's protracted political crisis. Wong reaffirmed Singapore's commitment to strengthening regional cooperation with fellow ASEAN member states and to upholding a rules-based multilateral system. Both leaders recognised the strategic roles of Indonesia and Singapore in maintaining regional peace and promoting a rules-based international order. They also witnessed the signing of five strategic memoranda of understanding (MoUs), aimed at enhancing bilateral cooperation in areas such as the green economy, cross-border energy trade, food security, and low-carbon technologies. The MoUs encompass collaboration in agricultural technology and food security, sustainable industrial development, cross-border electricity trade, and carbon capture and storage.
