ASEAN summit begins with Myanmar likely to dominate agenda; ‘little progress expected’
PHNOM PENH — Leaders of Southeast Asian nations began an annual summit on Friday that is likely to be dominated by Myanmar’s escalating violence...
FTX scrambles for funds as regulators take action
SINGAPORE — Regulators froze some assets of distressed cryptocurrency exchange FTX and industry peers raced to limit losses on Friday amid worsening solvency problems...
Global CO2 emissions to rise again, climate goals at risk, scientists say
SHARM EL SHEIKH — Global carbon dioxide emissions from burning fossil fuels are on track to rise around 1% this year, scientists said on...
IMF sees rising economic fragmentation risk, urges policymakers fight inflation
WASHINGTON — The biggest challenge facing central bankers now is bringing inflation down, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Thursday,...
Biden gets key break as allies in SE Asia bolster their militaries
US-CHINA tensions have America’s closest allies in Asia strengthening their militaries. But in a boost to President Joseph R. Biden’s diplomatic efforts, that trend is extending to some Southeast Asian nations which have recently kept the US at arm’s length.
US election misinformation limited, not stopped, on social media – experts
SCORES of posts on Twitter and Facebook challenged Democratic successes in U.S. midterm elections without evidence on Wednesday, social media experts said, but the misinformation did not rise to the firestorm levels that followed President Joe Biden’s victory in 2020.
Cambodian PM Hun Sen to give luxury watches as ASEAN summit souvenirs
PHNOM PENH — Cambodian Prime Minister (PM) Hun Sen, an aficionado of luxury watches, will hand out intricate, locally made timepieces as souvenirs for world leaders at an international summit he is hosting this week.
Paris commuters face travel chaos as metro workers strike
PARIS — Paris commuters and visiting tourists are set to face serious disruptions on Thursday as metro workers go on strike, with a third of subway lines completely closed and most others working only at peak hours.
Crypto’s FTX CEO looking at all options as Binance deal collapses
NEW YORK — FTX Chief Executive Officer Sam Bankman-Fried told employees he was exploring all options for his firm after a deal with cryptocurrency exchange Binance collapsed on Wednesday.
Potentially divided US government tees up tough economic debates for 2023
WASHINGTON — Potential Republican control of at least one chamber of the US Congress sets the stage for economically risky battles in 2023 over federal spending limits and the government’s response should a recession develop.
Show us the money: Developing world at COP27 seeks financing details
SHARM EL-SHEIKH, Egypt — Finance took center stage at the COP27 climate talks on Wednesday, with United Nations (UN) experts publishing a list of...
Inflation brings end to beloved 114-year-old Japanese candy
TOKYO — A beloved Japanese candy eaten by generations, so iconic it even appeared in a hit anime film, has come to the end...