Japan upgrades Q3 GDP as global recession, COVID risks linger
TOKYO — Japan's economy, the world's third-largest, shrank less than initially estimated in the third quarter, bolstering a view that it is slowly recovering...
SEC chair says crypto intermediaries should comply with law
WASHINGTON — US Securities and Exchange Commission (SEC) Chair Gary Gensler said that companies that help facilitate transactions in the cryptocurrency market should come...
Elon Musk briefly loses title as world’s richest person to LVMH’s Arnault — Forbes
Twitter owner and Tesla boss Elon Musk briefly lost his title as the world's richest person on Wednesday, according to Forbes, following a steep...
Russian LGBTQ+ museum closes after new law bans ‘gay propaganda’
BERLIN — The founder of Russia’s only LGBTQ+ museum said he was forced to close its doors on Wednesday after President Vladimir Putin signed...
Trump Organization found guilty of tax fraud scheme
NEW YORK — Donald Trump’s real estate company was convicted on Tuesday of carrying out a 15-year-long criminal scheme to defraud tax authorities, adding to the legal woes facing the former US president as he campaigns for the office again in 2024.
China’s hopes of looser COVID rules set off rush for fever drugs
BEIJING/SHANGHAI — Tired of being cooped up to comply with China’s strict anti-COVID rules, people awaited clarity on an easing of restrictions that could be announced as soon as Wednesday, while the more cautious rushed to buy cold medicines and home test kits.
Maryland governor bans use of TikTok on state devices
WASHINGTON — Maryland Governor Larry Hogan issued an emergency directive on Tuesday prohibiting the use of Chinese-owned short-video sharing app TikTok on state government devices and networks, the latest US Republican to crack down on TikTok.
Russia could ban oil sales, set maximum discount in response to cap — Vedomosti
Russia is considering three options, including banning oil sales to some countries and setting maximum discounts at which it would sell its crude, to counter the price cap imposed by Western powers, the Vedomosti daily reported on Wednesday.
New York Times union members set to walk out on Thursday after talks fail
More than 1,100 union employees at the New York Times Co. are set to walk out on Thursday for 24 hours as negotiations with...
Vietnam’s EV maker Vinfast files for U.S. IPO to fuel global expansion
HANOI - Vietnam's electric-vehicle maker VinFast said on Tuesday it had filed for an initial public offering (IPO) in the United States to list...
US to increase rotational military presence in Australia, invite Japan
WASHINGTON - The United States will increase the rotational presence of air, land and sea forces in Australia, including bomber aircraft and fighter jets,...
Australia targets SkyCity casino for money laundering amid gambling crackdown
Australia's financial crime regulator started civil proceedings against SkyCity Entertainment Group's Adelaide casino on Wednesday, the latest in a series of actions by the...