President Yoon Suk-yeol has promised to aggressively cut spending and sell non-core assets at public enterprises.Story Published at: July 29, 2022 at 05:44AM
South Korea to cut public sector after growth under liberal gov’t
Defiance in Myanmar even as executions prompt fears for detained
More than 70 political prisoners are on death row and analysts fear a desperate military regime could step up killings.Story Published at: July 29, 2022 at 05:42AM
Some Asia economies need rapid rate hikes to cool inflation: IMF
IMF director for Asia and Pacific says rapid increases needed to prevent “upward spiral” in inflation.Story Published at: July 29, 2022 at 04:29AM
Russia’s gas cuts throw fuel on Asia’s energy security woes
Analysts say disruptions to Nord Stream 1 pipeline could accelerate move away from liquified natural gas in the region.Story Published at: July 29, 2022 at 03:19AM
UEFA probes Fenerbahce after Putin chant against Dynamo Kyiv
A group of Fenerbahce fans chanted the Russian leader's name after the team conceded a goal against the Ukrainian side.Story Published at: July 28, 2022 at 09:16PM
Russian TV journalist fined over Ukraine comments
A Moscow court ordered Marina Ovsyannikova to pay a fine for discrediting the Russian army over its actions in Ukraine.Story Published at: July 28, 2022 at 07:43PM
US jobless claims drop slightly, still hold near 8-month high
The United States unemployment rate remains at a 50-year low amid growing fears of an approaching recession. Story Published at: July 28, 2022 at 06:03PM
US federal firefighters grapple with staffing crisis
Low-paid workforce is stretched dangerously thin, firefighters say, as record-setting blazes rage across the country.Story Published at: July 28, 2022 at 05:45PM
JetBlue agrees to buy Spirit Airlines for $3.8bn
The announcement comes just a day after Sprit's plans to merge with Frontier Airlines collapsed. Story Published at: July 28, 2022 at 04:19PM
Rare July rain in Qatar as storms hit Gulf
Heavy downpours hit Qatar and other parts of the Gulf in unusual July weather. Story Published at: July 28, 2022 at 02:54PM