Sat, 10 Dec 2022

SYDNEY -- The Reserve Bank of Australia (RBA) on Tuesday announced a rate hike for the 6th consecutive month, lifting its cash rate target by 25 basis points to 2.6 percent.

Regarding inflation in Australia as "too high", Governor Philip Lowe noted in a statement that a further increase in inflation is expected over the months ahead, before inflation declines back towards the 2-3 percent range.

The central bank has rolled out a series of rate hikes since May, which led the interest rate to rise from 0.1 percent in April to 2.6 percent. (Australia-Cash Rate)

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KABUL -- The death toll of a suicide blast on the western edge of Kabul city on Friday has reached 53, said the United Nations Assistance Mission in Afghanistan (UNAMA) on Monday.

"Further rise in casualties from Friday's classroom bombing in Hazara quarter of Kabul: 53 killed, at least 46 girls and young women, 110 injured. Our human rights team continues documenting the crime," the UN mission here tweeted.

A suicide explosion rocked an education center in a neighborhood of western Kabul on Friday morning where a large number of students were preparing for an exam. No group or individual has claimed responsibility for the attack yet. (Afghanistan-Suicide Blast-Death Toll)

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DHAKA -- At least three people were killed and 17 went missing after a boat carrying scores of people mostly Rohingya refugees capsized in the Bay of Bengal off the coast of Bangladesh's Cox's Bazar district, some 400 km southeast of the capital Dhaka, on Tuesday morning, an official said.

"We've recovered three bodies," Lieutenant Commander Ashiq Ahmed of the Bangladesh Coast Guard told Xinhua. "We've come to know that the boat carrying some 65 people left Teknaf at about 5:00 a.m. local time Tuesday."

He said the boat sank off the coast of Bangladesh due to rough sea conditions. (Bangladesh-Boat-Capsizing)

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DHAKA -- Power outage has hit several areas of Bangladesh, including capital Dhaka, port city of Chattogram and Sylhet, due to a collapse of the South Asian country's national grid on Tuesday.

Bangladesh Power Development Board (BPDB) director of public relation Shameem Hasan informed that the national power grid failed and caused the power outage in many areas except some parts of the north, national news agency Bangladesh Sangbad Sangstha (BSS) reported.

"Due to the national grid failure, people of many areas of Dhaka, Chattogram, Sylhet and Cumilla area are not getting electricity since 2:05 p.m. today," Hasan said. (Bangladesh-Power Outage)

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PHNOM PENH -- Cambodia and Cuba signed on Tuesday two more agreements on boosting bilateral cooperation in the areas of sports and culture, a Cambodian senior official said.

Cambodian Prime Minister Samdech Techo Hun Sen and visiting Cuban Prime Minister Manuel Marrero Cruz presided over the signing ceremony of the documents after their meeting at the Peace Palace here, said Eang Sophalleth, a personal assistant to Hun Sen.

Sophalleth said the two prime ministers during their meeting agreed to further promote relations between the two countries and exchanged views on regional and international issues of common concern and interests. (Cambodia-Cuba-Relations)

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SEOUL -- South Korea's global automotive sale continued to grow for the third consecutive month in September due to robust demand for new models, industry data showed Tuesday.

The number of vehicles, sold globally by five local automakers including Hyundai, Kia, GM Korea, Renault Samsung and Ssangyong, stood at 658,852 in September, up 21.1 percent from the same month of last year.

Domestic automotive sale surged 23.8 percent to 113,656 units last month, while car sale outside South Korea grew 20.5 percent to 545,196 units. (South Korea-Global Auto Sale-Growth)

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