The US Fed cut interest rates by more than expected. So what? | Business and Economy News
The bigger-than-expected cut in interest rates by the United States Federal Reserve may have sent the stock market cheering, but its impact on the economy,…
Anura Kumara Dissanayake takes oath as Sri Lanka’s next president | Elections News
Marxist-leaning politician says he understands the complex challenges facing Sri Lanka and will work to meet people’s hopes.Marxist-leaning politician Anura Kumara Dissanayake has taken his…
Singapore gears up for biggest corruption trial in decades | Corruption News
Singapore – Singapore, a nation consistently ranked as among the least corrupt in the world, is gearing up for that rarest of things: a high-profile…
After vowing to halt Japan’s economic decline, Kishida leaves mixed legacy | Business and Economy
In his first policy address after taking office in October 2021, Japanese Prime Minister Fumio Kishida pledged to “faithfully rebuild” the economy after three decades…
China to ‘gradually resume’ seafood imports from Japan after Fukushima row | Fukushima News
Beijing had called the release of treated radioactive water from power plant ‘a major nuclear safety issue with cross-border implications’.China says it will “gradually resume”…
As Sri Lanka votes, a $2.9bn IMF loan looms large | Elections
Ahead of Sri Lanka’s presidential election, no issue is more central than the economy. With the South Asian country still struggling from its worst financial…
Cambodia’s controversial canal | Business and Economy
Cambodia has started a massive project — a canal that links the Mekong River to the sea. Its deputy prime minister says the Funan Techo…
Why does a US rate cut matter? | Business and Economy
The United States Federal Reserve has cut interest rates for the first time since 2020.It was seen as the clearest signal yet that central banks…
US Justice Dept seeks $100m for Baltimore Key bridge collapse | Transport News
US sues Singapore-based owner and operator of cargotanker that slammed into bridge in March, killing six.The United States Department of Justice has sued the Singapore-based…
US Fed cuts rates by larger than usual half-percentage point | Inflation News
Policymakers see the Fed’s benchmark rate falling by another half of a percentage point by the end of this yearThe United States Federal Reserve has…
Instagram makes teen accounts private as pressure mounts | Social Media News
Instagram is making teen accounts private by default as it tries to make the platform safer for children amid a growing backlash against how social media…
Murdoch succession drama plays out in closed US court | Media News
Rupert Murdoch’s proposed amendment would reportedly block any interference by three of his oldest son Lachlan’s siblings, who are more politically moderate.A battle over control…
Boeing freezes hires, weighs furloughs to cut costs in labour strike | Labour Rights News
Boeing is freezing hiring and is weighing temporary furloughs in the coming weeks to manage costs as a strike by more than 30,000 Boeing workers…
Premier League vs Manchester City: What’s the trial on 115 charges about? | Football News
It has been a long wait, but the independent hearing into Manchester City’s alleged 115 breaches of Premier League financial regulations is finally beginning. In…
In a historic move, Colombia bypasses a patent to access a key HIV drug | Health News
Yet, the introduction of dolutegravir into more health programmes depends on two things: how many generic doses the Colombian government buys — and how quickly.…
Ratings agencies warn of downgrade if Boeing strike prolonged | Labour Rights News
Boeing’s management will likely need to access new sources of liquidity in the event of a prolonged strike.Fitch Ratings and Moody’s have joined S&P Global…
Brazil top court unfreezes bank accounts of X, Starlink after $3m transfer | Social Media News
Billionaire Elon Musk has decried a ban on X in Brazil, where the social media company failed to comply with court orders.Brazilian Supreme Court Justice…
US House passes bill targeting China that would limit EV tax credits | Trade War News
A group of automakers says the bill makes fewer vehicles eligible for the tax credits.The United States House of Representatives has narrowly voted to approve…
Boeing workers ‘ready to go on strike’ if demands unmet | Workers’ Rights News
Boeing’s United States West Coast factory workers stood in long lines to vote on Thursday on a much-criticised new contract, some loudly calling for a…
What’s the economic toll of Israel’s war on Gaza? | Israel-Palestine conflict
Israel’s finances are under strain and its budget deficit is widening, as agencies downgrade the nation’s credit.More than 40,000 Israeli businesses are expected to go…