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Fri, December 8, 2023 | 19:10

Asian markets up after China cuts key interest rate

Asian markets up after China cuts key interest rate

Asian markets saw a sustained bump Friday following China's decision to lower a key benchmark rate, injecting optimism among traders that it could boost the world's second-largest economy from its COVID-battered knees.

2022-05-20 19:17

Officials say some Shanghai businesses to reopen Monday

Officials say some Shanghai businesses to reopen Monday

Supermarkets, malls and restaurants in Shanghai will be allowed to open in a limited capacity starting Monday, officials said, even while it remained unclear whether residents would be let out from their homes.

2022-05-15 15:56

Shanghai disinfects homes, closes all subways in COVID fight

Shanghai disinfects homes, closes all subways in COVID fight

Teams in white protective suits are entering the homes of coronavirus-infected people to spray disinfectant as Shanghai tries to root out an omicron outbreak under China's strict ``zero-COVID'' strategy.

2022-05-10 20:06

Hong Kong's next leader endorsed by pro-Beijing elites

Hong Kong's next leader endorsed by pro-Beijing elites

Hong Kong's leader-in-waiting, John Lee, was endorsed for the city's top job on Sunday by a committee stacked with pro-Beijing loyalists, as the financial hub attempts to relaunch itself after several years of political upheaval.

2022-05-08 19:54

Police tear-gas students as strike hits Sri Lanka

Police tear-gas students as strike hits Sri Lanka

Police again fired tear gas and water cannon at students trying to storm Sri Lanka's parliament Friday as the country was brought to a halt by a trade union strike demanding the government step down.

2022-05-06 20:22

Indian policeman accused of raping child gang-rape victim

Indian policeman accused of raping child gang-rape victim

An Indian police officer has been arrested after being accused of raping a 13-year-old girl who went to his station to report she had been gang-raped.

2022-05-05 16:09

India's central bank raises interest rate to tame inflation

India's central bank raises interest rate to tame inflation

India's central bank on Wednesday raised its key interest rate to 4.4 percent from 4 percent to try to contain fast-rising inflation.

2022-05-05 13:58

Fed raises key rate by a half-point in bid to tame inflation

Survivor found almost 6 days after China building collapse

Survivor found almost 6 days after China building collapse

Rescuers in central China have pulled a woman alive from the rubble of a building that partially collapsed almost six days earlier, state media reported Thursday.

2022-05-05 12:45

Philippines could revive nuclear plant if Marcos wins presidency

Philippines could revive nuclear plant if Marcos wins presidency

A mothballed nuclear power plant built near a fault line and volcanoes in the Philippines during Ferdinand Marcos's dictatorship could be revived if his son wins next week's presidential election.

2022-05-05 12:03

Gulf central banks raise interest rates

Gulf central banks raise interest rates

Gulf central banks hiked their main interest rates on Wednesday as the U.S. Federal Reserve raised its target policy rate by 50 basis points in the face of inflation at highs not seen in decades.

2022-05-05 10:11

Fed raises key rate by a half-point in bid to tame inflation

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