Credit Suisse Cuts Top Bank Charges in Asia as Review Begins
Credit Suisse Group AG has begun cutting senior banking jobs in Asia, including three managing directors of investment banking and financing, as the Swiss giant carries out its plan to reduce global headcount by 9,000, people familiar with the matter said. Among the bankers fired were Johnson Chui, head of Asia-Pacific equity capital markets, Karen […]
1998 World Cup: When Zidane Eclipsed Ronaldo
Host: France Teams: 32 Format: Group stage, knockouts Matches: 64 Goals: 171 Winner: France Runners-up: Brazil Golden Boot: Davor Suker (Croatia) Background The longest World Cup (32 days) was held in 1998 when France hosted for the second time (after 1938). FIFA decided to increase the number of teams in the tournament from 24 to […]
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 […]