Business
Indonesian leader reshuffles Cabinet amid rising food prices
Jun 15, 2022

Indonesian leader reshuffles Cabinet amid rising food prices

Indonesian President Joko Widodo has announced a Cabinet reshuffle, replacing key economic ministers amid a national cooking oil shortage and rising food prices...

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China's factory activity rebounds as anti-virus curbs ease
Jun 15, 2022

China's factory activity rebounds as anti-virus curbs ease

China’s factory output rebounded in May, adding to a recovery from the latest economic slump induced by COVID-19 curbs...

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World shares steady after Wall Street sinks into bear market
Jun 14, 2022

World shares steady after Wall Street sinks into bear market

Shares have opened mostly higher in Europe after Asian shares recovered from the worst of their losses following Wall Street's tumble into what’s called a bear market...

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Worries about S. Korean economy grow amid truckers' strike
Jun 14, 2022

Worries about S. Korean economy grow amid truckers' strike

South Korea’s prime minister has warned that the disruption of cargo transport could cause “irrecoverable” damages on the country’s economy, as a strike by truckers entered its eighth day...

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Asian benchmarks decline after bear market hits Wall Street
Jun 14, 2022

Asian benchmarks decline after bear market hits Wall Street

Asian shares fell across the board after Wall Street tumbled into what’s called a bear market, indicating that major U.S. benchmarks and individual stocks have fallen 20% or more from a recent high fo...

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World shares sink after inflation-driven retreat on Wall St
Jun 13, 2022

World shares sink after inflation-driven retreat on Wall St

Shares are lower in Europe and Asia after a report that U.S. inflation worsened last month sent stocks reeling on Wall Street...

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Virus cluster at nightclub sets off new Beijing clampdown
Jun 13, 2022

Virus cluster at nightclub sets off new Beijing clampdown

China's capital has put school online in one of its major districts amid a new COVID-19 outbreak linked to a nightclub...

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North Korea plans crackdown as Kim pushes for internal unity
Jun 13, 2022

North Korea plans crackdown as Kim pushes for internal unity

North Korea's state media say leader Kim Jong Un and his top deputies are pushing for a crackdown on officials who abuse their power and commit other “unsound and non-revolutionary acts."...

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Japan toughens defamation penalties after wrestler's suicide
Jun 13, 2022

Japan toughens defamation penalties after wrestler's suicide

Japan’s parliament has approved tougher penalties for criminal defamation in a move prompted by a bullied wrestler’s suicide and that is raising free speech concerns...

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