Economic conditions in debt-stricken Sri Lanka improving, IMF says | Debt
IMF says inflation has dropped from 70 percent, economy expanded in the second half of 2023. The economic situation in debt-stricken Sri Lanka has started…
Vietnam’s president resigns in latest twist of anti-graft campaign shaking its fast-growing economy
Breadcrumb Trail LinksPMN BusinessAuthor of the article:The Associated Press Elaine KurtenbachPublished Mar 21, 2024 • Last updated 0 minutes ago • 3 minute read You can…
Social media company Reddit soars to $9bn valuation in Wall Street debut | Social Media
San Francisco-based social media platform’s shares close at $50.44 in long-awaited initial public offering. Shares of Reddit soared nearly 50 percent as the social media…
Malaysia sees Chinese tourist boom in the offing after pandemic slump | Tourism
Kuala Lumpur, Malaysia – Chinese tourists are returning to Malaysia en masse after the COVID-19 pandemic slump, industry figures say, amid expectations arrivals could reach…
US DOJ announces antitrust lawsuit against tech giant Apple | Regulation News
Department of Justice is joined by 15 states and the District of Columbia in alleging that Apple stifles competition. The United States Department of Justice…
Is nuclear power on the verge of a revival? | Business and Economy
Global nuclear power generation is set to peak next year, despite claims it is dangerous, costly and plants take too long to build. Critics say…
As China ages, senior citizens see a retirement striving to get by | Business and Economy
Taichung, Taiwan – When Hao Pengfei retired last year, it felt nothing like he had expected it would when he was a younger man. “I…
New Zealand slips into second recession in 18 months | Business and Economy
Political parties trade blame for economic slump that follows aggressive interest rate hikes to tame inflation. New Zealand has slipped into its second recession in…
Musk’s startup Neuralink streams paralysed man playing online chess | Technology
Video introduces 29-year-old quadriplegic as first patient to use start-up’s brain-chip technology. Elon Musk’s brain-chip start-up, Neuralink, has livestreamed a patient appearing to play online…
UK economy to 'bounce back' in 2024, says Sunak
The prime minister tells the BBC the economy has "turned a corner" as he is challenged on rising bills. Source link
Nearly every country’s population will be shrinking by 2100, study warns | Demographics News
Sub-Saharan Africa to account for one in every two children born in 2100, Lancet study says. Fertility rates in nearly every country will be too…
US releases ‘strongest ever’ car pollution rules in push for EV transition | Environment News
The new environmental regulations fall short of more ambitious goals previously set by the Biden administration. Washington, DC – The United States has released what…
Fitch Ratings upgrades Qatar to third-highest on back of gas expansion | Oil and Gas News
Revenues from Qatar’s LNG fields will provide budget surpluses until the 2030s, Fitch said. Fitch Ratings has upgraded Qatar to AA, its third-highest rating, on…
US sanctions shipping firm accused of links to Iran, Yemen’s Houthis | Islamic Revolutionary Guard Corps News
The measures come as Washington tries to curb the Yemeni group’s attacks on Red Sea shipping lanes amid the war on Gaza. Washington, DC – The…
In Indonesia and Malaysia, boycotts hammer McDonald’s, Starbucks | Israel War on Gaza
Medan, Indonesia – Ordinarily during the holy month of Ramadan, entrepreneur Putra Kelana breaks fast with his family and friends at several different food outlets…
How migration transformed an Indigenous town in Panama’s Darien Gap | Migration
Bajo Chiquito, Panama – For many years, residents in the remote Indigenous community of Bajo Chiquito, Panama, lived a quiet life. No paved roads lead…
Bank of Japan scraps negative interest rate in first hike in 17 years | Business and Economy
Japan’s central bank begins unwinding one of the world’s most aggressive monetary easing programmes. Japan’s central bank has scrapped its negative interest rate as it…
Elon Musk defends using prescribed ketamine for ‘negative frame of mind’ | Business and Economy
Tesla CEO dismisses suggestion his drug use could influence the perceptions of investors. Elon Musk has defended taking ketamine to treat his “negative frame of…
Tech giant Nvidia unveils higher performing ‘superchips’ to power AI | Technology
Nvidia CEO Jensen Huang tells developers conference that computing is advancing at an ‘insane’ rate. Nvidia has unveiled its latest family of chips for powering…
After conquering pop music, film and food, South Korea woos digital nomads | Technology
Seoul, South Korea – Riding the wave of enthusiasm for all things Korean, South Korea has in recent years become one of Asia’s most popular…