Asia Stocks Rise Higher Since 2020 as China Eases Some Covid Rules
Asia’s stock benchmark rose to the highest since March 2020 as China’s move to ease some Covid rules supercharged a rally triggered by weaker US inflation. The MSCI Asia Pacific index rose as much as 4.6%, also on track for its best weekly gain since March 2020. Hong Kong’s benchmark index rose more than 7% […]
Hacker Demands $10 Million to Stop Leaking Australians’ Medical Records
A cyber extortionist has demanded nearly $10 million to stop leaking the medical records of Australians caught in one of the country’s worst cyber-attacks. In a message posted on the dark web on Thursday morning, the hacker said he was demanding $1 from Medibank, Australia’s largest private health insurer, for every one of the 9.7 […]
Putin Allies Criticizing Russia’s War Machine
Two voices have been especially vocal: Chechen leader Ramzan Kadyrov and Yevgeny Prigozhin, the founder of the mercenary group Wagner. That’s why they’re important. An Unlikely Alliance The two men do not formally run any of Russia’s military or security agencies, and yet they have somehow been allowed to criticize army commanders in unison and […]
FIFA Cup 2022: What’s Happening in Qatar Besides the Football World Cup 2022?
Doha, Qatar – Not only 32 of the best football teams on the planet and more than a million football fans are heading to Qatar this month. Some of the world’s most famous entertainment stars are also on their way to the Gulf country, which has announced a series of events and activities to offer […]
Ex-PM Imran Khan is Recovering in Hospital after Being Shot in the Leg
Mr. Khan, 70, is recovering in hospital after being shot in the leg on Thursday at a protest march in Warzirabad, in the northeast of the country. His camp said he was in stable condition and could leave the hospital in the coming days. One person was killed and at least 10 wounded when their […]
UN Chief Calls on Governments and Global Community to Protect Journalists
Governments and the international community must take action to protect the people who bring us the news, UN Secretary-General Antonio Guterres said Wednesday on the occasion of the International Day to End Impunity for Crimes against Journalists. Despite his critical role, he noted in his message for the Day that more than 70 journalists have […]
Takeoff: Tributes to Migos Rapper Shot Dead in Houston at 28
The musician, whose real name is Kirshnik Khari Ball, was killed in Houston on Tuesday. Ja Rule, Kid Cudi, Khalid, and Dave posted tributes on social media, while Rick Ross called him a “young legend.” Migos was one of the most influential groups of their generation, pioneering a style of rap in choppy triplets and […]
Central Bank of India Initiates Digital Currency Pilot Program
India’s central bank began a pilot program of its digital currency on Tuesday, allowing selected banks to use it to settle secondary market transactions in government securities. Several bundles of bonds were traded, with data from Clearing Corp. of India Ltd. showing that 7.38% of 2027 debt and 7.26% of 2032 bonds were among the […]
IMF Forecasts $1 Trillion Windfall For Oil Exporters, Higher Savings in Gulf
The International Monetary Fund expects energy exporters in the Middle East and Central Asia to make a cumulative windfall of around $1 trillion during 2022-2026, a bonanza that will contribute greatly to the Gulf Arab economies because they will save much more of their oil revenues. The influx of petrodollars would be higher than projected […]
Bitcoin’s Hold Above $20,000 Gives Bulls Hope For a Lasting Rally
Bitcoin’s four-day streak above $20,000 has strengthened cryptocurrency traders. They have bet the token should resurface after a brutal year. On Tuesday, the largest cryptocurrency by market value advanced above $20,000. And as of Friday morning in New York, it had yet to fall below that threshold. The breakout marked the end of a nearly […]