Troop carriers moved out of compound ready to ship back to Singapore

Military vehicles held in the city for two months will be transported to a container terminal and loaded on a cargo vessel Nine Singaporean military vehicles confiscated in Hong Kong more than two months ago were being moved out of the customs’ cargo examination compound in Tuen Mun on Thursday afternoon in an apparent preparation for their return to the Lion City. A giant crane and several container trucks were seen driving into the compound near the River Trade Terminal off Lung Mun Road in the morning before one of the Terrex armoured troop carriers, covered with a grey sheet, was moved out shortly after lunchtime.

Asian Nations Try to Save TPP Trade Deal

Australia and New Zealand said on Tuesday they hope to salvage the Trans-Pacific Partnership by encouraging China and other Asian nations to join the trade pact after U.S. President Donald Trump kept his promise to pull out of the accord. The TPP, which the United States had signed but not ratified, was a pillar of former U.S. President Barack Obama’s policy to pivot to Asia.

Australia opens door to China in push to save TPP22 min ago

Australia said today it hoped to recast the Trans-Pacific Partnership without the US and opened the door for China to sign up after President Donald Trump ditched the trade pact. The deal included a dozen Asia-Pacific nations that together account for 40 per cent of the global economy, but President Donald Trump said yesterday he had “terminated” it in line with election pledges to can the “job killer” pact.

Eight Indonesians deported over IS links freed

KUALA LUMPUR: Eight Indonesians deported from here for suspected links with the Islamic State have been freed by the Indonesian authorities. Riau Islands police spokesman Saptono Erland confirmed that the men, aged between 16 and 37, were released on Thursday after being interrogaA ted by the Indonesian counter-terrorism unit.

Oil sold out of tanker storage in Asia as market slowly tightens

Traders are selling oil held in tankers anchored off Malaysia, Singapore and Indonesia in a sign that the production cut led by OPEC is starting to have the desired effect of drawing down bloated inventories. Yet in the short-term, the crude released from tankers will weigh on markets and possibly undermine OPEC’s goal of achieving a balanced market by mid-2017.