World News

SVB fallout: Fed calls emergency meeting tomorrow

Mar 12, 2023, 11:50 am The US Federal Reserve will hold a closed-door emergency meeting on Monday of the Board of Governors amid the...

Asia-Pacific Credit Outlook Points To Slower Earnings

Feb 22, 2023, 01:53 Slowing economies and weakening demand are set to dominate corporate operations across much of Asia-Pacific in 2023....

Sri Lanka Government-Guaranteed Bond Downgraded To 'D' From 'CC'; Sovereign Ratings Affirmed

Feb 14, 2023, 11:44 am Overview • National carrier SriLankan Airlines (SLA) has defaulted on a coupon for its 2024 U.S....

Asia-Pacific Financial Institutions Monitor 1Q 2023: Banks Will Battle To Stay On Track

Feb 06, 2023, 05:24 pm The banking sector in the Asia-Pacific region is expected to face significant challenges in the first quarter of...

Huge earthquake in south-east Turkey kills more than 300

Feb 06, 2023, 12:55 pm The US Geological Survey said the 7.8 magnitude tremor struck at 04:17 local time (01:17 GMT) at a depth of 17.9km...

Mass shooter's motive elusive as Monterey Park mourns 10 dead.

Jan 23, 2023, 07:12 pm Investigators scrambled on Monday to discover why a 72-year-old gunman opened fire in a California dance hall...

Microsoft faces EU antitrust warning over Activision deal - sources

Jan 17, 2023, 00:03 am Microsoft is likely to receive an EU antitrust warning about its $69 billion bid for "Call of Duty" maker...

Close to 1 bn people globally are served by health-care facilities without reliable electricity.

GENEVA Jan 14, 2023, 09:01 pm Close to 1 billion people in low- and lower-middle income countries - 1 in 8 of the world’s population –are...

Sharp, Long-lasting Slowdown to Hit Developing Countries Hard

WASHINGTON Jan 10, 2023, 08:00 pm Global growth is slowing sharply in the face of elevated inflation, higher interest rates, reduced...

S&P Downgrades Pakistan To 'CCC+/C' On Enduring External, Economic, Fiscal Risks

Dec 23, 2022, 12:20 pm As per a report by S&P Pakistan's economy faces a weaker outlook in fiscal 2023 following the floods....

Twitter condemned by UN and EU over reporters’ ban

Dec 17, 2022, 07:00 am The United Nations has joined the European Union in condemning Twitter's decision to suspend some journalists who...

Global Slowdown Will Hit, Not Halt, Asia-Pacific Growth, Says Report By S&P

Nov 28, 2022, 08:00 pm Asia-Pacific will be a bright spot in the global economy in 2023. S&P Global Ratings assumes that domestic...

WHO recommends a new name for Monkeypox disease

Nov 28, 2022, 08:43 pm Following a series of consultations with global experts, WHO will begin using a new preferred term “mpox” as a...

S&P forecast Downside Risks For Asia-Pacific Financial Institutions In 2023

Nov 15, 2022, 09:45 am As per S&P’s forecasts lower growth, rising inflation, and tighter financing will keep downside risks high for...

Asia-Pacific's Strong-Dollar Problem Is An Inconvenience Today, Headache Tomorrow

Nov 11, 2022, 11:15 pm Foreign-exchange risk is bearing down on Asia-Pacific corporates. The effects magnify imported inflation, weigh on...

600 000 doses of cholera vaccine arrive in Lebanon amidst evolving outbreak

Nov 11, 2022, 00:33 am World Health Organization (WHO) has supported the Minister of Public Health of Lebanon to secure a critical...

World Bank Approves $497 Million in Financing to Lower South Africa’s Greenhouse Gas Emissions

Nov 04, 2022, 09:45 pm The World Bank Group Board of Executive Directors approved South Africa’s request for a $497 million project to...

Ten killed, more than 20 wounded in explosion in Baghdad

Oct 30, 2022, 02:53 am Ten people were killed and more than 20 wounded in an explosion in east Baghdad on Saturday, according to security...

Almost 1 million people die every year due to lead poisoning, children suffer the most.

Oct 24, 2022, 08:00 pm Each year, an estimated 1 million people, die from lead poisoning. Millions more, many of them children, are...

UK Prime Minister Liz Truss resigns after failed budget and market turmoil

Oct 20, 2022, 06:00 pm U.K. Prime Minister Liz Truss resigned today following a failed tax-cutting budget that rocked financial markets...

WHO launches new campaign to amplify the lived experience of people affected by cancer

Geneva Oct 18, 2022, 10:00 pm Today, WHO is launching the first global survey to better understand and address the needs of all those...

Disease Outbreak : Ebola Disease caused by Sudan virus - Uganda (WHO)

Sep 27, 2022, 05:00 am On 20 September 2022, the health authorities in Uganda declared an outbreak of Ebola disease caused by Sudan virus...

World Bank Briefing Reports East Asia & Pacific Sustaining Growth Amid Inflation & Risk Ahead

Sep 27, 2022, 10:00 am Growth in most of developing East Asia and the Pacific rebounded in 2022 from the effects of COVID-19, while China...

China Trades Immediate Economic Growth For Uncertain Benefits

Sep 20, 2022, 07:00 pm It's a change of heart that some have waited for, but very few expected. China has decided to prioritize...