Asian markets dipped Friday after a broadly healthy week, as lingering concerns about the banking sector played against hopes central banks could be nearing the end of their interest rate hiking cycle.. The increase came as central banks in the United Kingdom, Switzerland and Norway also raised rates, with the European Central Bank having done so last week.
As a child, Dong Van Canh watched while the rice fields of Vietnam's Mekong Delta were set alight to make way for the next crop, blackening the sky and flooding the air with potent greenhouse gases.. In the Mekong Delta, Canh, now a 39-year-old rice farmer, does not leave straw out to decay on the paddies -- nor does he burn it, as his parents did before him.
Japan's consumer prices rose 3.1 percent in February from a year earlier, slowing from the four-decade highs seen in previous months, government data showed Friday.. The 3.1 percent rise is above the Bank of Japan's longstanding two-percent target, which has been surpassed every month since April last year.
Utah on Thursday became the first US state to require social media sites to get parental consent for accounts used by under-18s, placing the burden on platforms like Instagram and TikTok to verify the age of their users.. Platforms including Instagram and TikTok have introduced more controls for parents, such as messaging limits and time caps.
Fugitive South Korean cryptocurrency entrepreneur Do Kwon, accused of orchestrating a multi-billion-dollar fraud that shook global crypto markets last year, has been arrested in Montenegro along with another South Korean national, the interior minister said Thursday.. Kwon is accused of "orchestrating a multi-billion-dollar crypto asset securities fraud", according to the US Securities and Exchange Commission.
British billionaire Jim Ratcliffe made a revised bid to buy Manchester United on Thursday as Finnish entrepreneur Thomas Zilliacus entered the race to own the Premier League giants.. "Sir Jim Ratcliffe and INEOS can confirm we have submitted a revised bid," INEOS said in a statement when contacted by AFP. Zilliacus entered the race on Thursday, with a bid he said will give fans the chance to own 50 percent of the club.
When Barrett Hill, a farmer in the US state of Illinois, needs a loan for land or new equipment, a simple phone call is all that it takes.. "We had a few phone calls, but really it wasn't that much," said Dan Robb, chief executive of Jonesburg State Bank in Missouri.
A man suspected of being fugitive South Korean cryptocurrency entrepreneur Do Kwon, accused of orchestrating a multi-billion-dollar fraud that shook global crypto markets last year, has been arrested in Montenegro, the interior minister said Thursday.. Kwon is accused of "orchestrating a multi-billion-dollar crypto asset securities fraud", according to the US Securities and Exchange Commission.
With a giant billboard at Washington's main train station, an army of influencers on Capitol Hill and ad campaigns in the political press, TikTok is pulling out all the stops as it fights for survival in the US capital.. Lobbying is nothing new in the nation's capital, where it is common to encounter influence groups in the corridors of Congress, looking for elected officials to court.
The marriage of UBS and Credit Suisse was hastily arranged to prevent a global financial meltdown -- but the resulting megabank could cause domestic problems in Switzerland, the central bank admitted Thursday.. UBS and Credit Suisse were both among the 30 banks around the world deemed 'too big to fail' and therefore considered Global Systemically Important Banks.
