News
-
Will Hong Kong reopen for business under new leader John Lee?
Lee, a former security chief, is expected to be confirmed Hong Kong's next chief executive on Sunday by a committee of 1,463 elites after running uncontested with Beijing's blessing
-
India finds Russian oil irresistible, no matter the diplomatic cost
For India, the decision to hold tight to its neutrality on Russia's war in Ukraine is no longer just about keeping its options open in a world with multiple centers of power. It has evolved into a lucrative case of economic opportunism: Russian oil is just too good a deal to pass up
-
US Intelligence helping Ukraine kill Russian generals, officials say
The targeting help is part of a classified effort by the Biden administration to provide real-time battlefield intelligence to Ukraine that also includes anticipated Russian troop movements and more
-
TikTok to launch ad revenue-sharing program for creators
Under the new TikTok Pulse program, companies can place their ads next to user content in specific categories, including health, fashion, cooking, gaming and others—and creators will get a cut
-
EU eyes Russian oil import ban amid new bid to evacuate Mariupol
If approved, the oil ban would be the EU's strongest move yet against Russia's strategic energy sector that helps the Kremlin finance its war, but will still not touch its huge gas exports
-
Former Niti Aayog official is Google's new India policy head
Archana Gulati is a long-term Indian government employee, having worked as a joint secretary for digital communications at Niti Aayog, and at the Competition Commission of India (CCI) before that
-
US Fed makes biggest rate increase since 2000 to fight inflation
Inflation has become an overriding concern after the world's largest economy saw annual consumer prices surge 8.5 percent over the 12 months to March—the biggest jump since December 1981
-
India, France call for immediate end to Ukraine hostilities
India, which imports much of its military hardware from Russia, has long walked a diplomatic tightrope between the West and Moscow—notably refusing to denounce the latter or vote against it at the United Nations over its actions in Ukraine
-
Hong Kong more unequal, less free as Carrie Lam leaves office
Lam, Hong Kong's first woman leader, took office promising to heal divisions and tackle livelihood issues, especially a housing crisis, but her tenure was dominated by massive democracy protests and Beijing's subsequent crackdown, as well as a zero Covid policy
-
RBI pulls the trigger on inflation, finally
In a surprise move, the central bank increased repo rate by 40 bps and the cash reserve ratio by 50 bps, rattling equity and bond investors. Many economists see inflation around 7 percent levels in the near-term and do not rule out a 25 bps rate hike in June
-
LIC IPO Day 1: Strong opening with demand across segments
Analysts are confident of retail investor and policyholder support to India's largest public offering that will remain open till May 9