More than $50 billion needed to rebuild Gaza, WB joint assessment says

GENEVA — More than $50 billion will be required to rebuild Gaza after the 15-month Israel-Hamas conflict in the Palestinian enclave, according to an...

NZ central bank cuts rates by 50bps, flags more easing to revive frail economy

WELLINGTON - New Zealand's central bank cut its benchmark rate by 50 basis points to 3.75% on Wednesday and policymakers flagged further reductions in borrowing costs...

Vietnam to approve key infrastructure projects, revised GDP target

HANOI - Vietnam's National Assembly will on Wednesday vote to approve a new economic growth target for this year and adopt resolutions supporting major infrastructure projects,...

UK pay growth holds at lowest level since 2021, Brightmine says

LONDON - Pay increases granted by British employers held steady in the three months to January at the lowest level since 2021, signaling a shift towards...

Tax enforcers, rocket scientists, bank regulators fired as Trump slashes federal workforce

WASHINGTON - President Donald Trump's administration targeted bank regulators, rocket scientists and tax enforcers on Tuesday for dismissal as a U.S. judge gave him the green...

Delta plane flips upside down on landing at Toronto airport

TORONTO — A Delta Air Lines regional jet flipped upside down upon landing at Canada’s Toronto Pearson Airport on Monday amid windy weather following...

Thailand proposes tough safeguards for local gamblers in casino plan

BANGKOK — Thailand has proposed tough entry requirements for local punters in casinos as it plans to build a major gaming industry to boost...

Indonesia amends mining law to boost access, support processing

JAKARTA — Indonesia’s parliament on Tuesday passed a bill to revise the country’s mining law, aimed at boosting development of domestic mineral processing industries...

China snow village apologizes for using fake cotton snow

HONG KONG — A tourist village in China’s southwestern province of Sichuan famed for its scenic snow landscape said it was sorry for using...

Taiwan eyes multibillion-dollar arms purchase from US

WASHINGTON/TAIPEI — Taiwan is exploring buying arms worth billions of dollars from the United States, sources briefed on the matter said, hoping to win...

Japan approves new climate, energy and industry policies through 2040

TOKYO - Japan's government approved on Tuesday new targets to cut the country's greenhouse gas emissions through 2040, alongside a revised energy plan and an updated...

Vietnam parliament to approve plan for leaner government

HANOI - Vietnam's National Assembly will on Tuesday approve a bold bureaucratic reform plan that will slash up to a fifth of government bodies, as it...