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Most markets track Wall St gains as US data fails to damp rate hopes

Asian markets mostly rose in line with Wall Street on Wednesday as forecast-beating US inflation data did little to dent expectations that the Federal...

Boeing says employees must take 'immediate' action on safety measures

US aeronautics giant Boeing, facing increased scrutiny after a series of safety incidents and manufacturing issues, is directing employees to take "immediate actions" to...

IMF resumes Sri Lanka bailout after China's debt deal

The International Monetary Fund announced on Tuesday it is reviving its $2.9 billion bailout for Sri Lanka after the South Asian nation clinched a...

US chip curbs trip up China's AI-hungry tech giants

US restrictions on advanced computer chips are forcing China's tech giants to rethink their ambitious AI-powered projects, analysts say.E-commerce titan Alibaba on Thursday became...

Meta's Twitter rival Threads launches web version

Threads, Meta's challenger to depose Twitter as the go-to platform for celebrities, companies and governments, is now available on the web as it seeks...

Russia seizes shares of Danone and Carlsberg subsidiaries: decree

Russia took control of shares belonging to French agribusiness Danone and brewer Carlsberg, according to a decree published on Sunday.The decree signed by President...

Asian markets wobble as US struggles to reach debt deal

Equities were mixed in Asia on Tuesday as traders grow increasingly concerned that US lawmakers remain far apart in their bid to raise the...

Seizing Russian assets is easier said than done

The idea is seductively simple: the West should turn over billions of dollars of frozen Russian assets to Ukraine to fund reconstruction. But it...

US Fed official favors smaller rate hike in February

There is ample evidence that a steep climb in interest rates has dampened demand and economic activity, suggesting the US central bank can further...

Village king develops own ‘currency’ to drive economic empowerment in his community but how far can it go?

A Kwara village king has developed a unique currency for his village after visiting abroad and seeing the sameHe believes the currency will help...

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