Rishi Sunak and his tech heiress wife, Akshata Murty, are worth an estimated £730 million ($844 million).Story Published at: October 28, 2022 at 06:40AM

The Reserve Bank of Australia has hiked the official cash rate six times in a row this year to 2.6%, forcing up mortgage rates from lows of around 2% to about 5% to 6%.Story Published at: October 28, 2022 at 06:11AM

China’s latest Covid controls affected 9.2% of gross domestic product as of Thursday, up from 7% on Oct. 16, according to Nomura’s model.Story Published at: October 28, 2022 at 06:01AM

China is so far behind the U.S. in semiconductor technology that some investors are betting on startups to fill that gap.Story Published at: October 28, 2022 at 04:45AM

The central bank also said it would purchase necessary amounts of Japanese government bonds at a fixed rate in order to keep 10-year JGB yields at 0%.Story Published at: October 28, 2022 at 04:04AM

“I was thinking, it would be much more exciting to really build something from scratch, from the ground up,” said Sukemasa Kabayama of Uplift Labs. Story Published at: October 28, 2022 at 03:12AM

Nearly twice as many U.S. companies cut their investment in China versus last year, the American Chamber of Commerce in Shanghai found in its latest survey.Story Published at: October 28, 2022 at 01:33AM

Former President Donald Trump’s Doral course in Florida is hosting events for the Saudi-backed LIV Golf league this week.Story Published at: October 27, 2022 at 10:04PM

Meta shares are down more than 20% on Thursday, the second time this year they’ve collapsed after an earnings report. Story Published at: October 27, 2022 at 06:00PM

Freelancer.com’s “Q3 2022 Fast 50 Index” reveals a major surge in demand for tech-related freelance jobs compared to last year.Story Published at: October 27, 2022 at 06:46PM