U.N. warns of 'colossal' collapse of Afghan banking system
The United Nations on Monday pushed for urgent action to prop up Afghanistan's banks, warning that a spike in people who are unable to repay loans as well as lower deposits and a cash liquidity crunch could cause the financial system to collapse within months.
How to avoid the world's second biggest economy in your portfolio
The Chinese economy presents some unique challenges for investors. On one hand, China is home to several of the most dynamic and rapidly growing companies on the planet, such as electric car makers Xpeng and Nio as well as privately held TikTok owner ByteDance.
It's beginning to look a lot like .... lockdown
Austria has introduced unprecedented new Covid measures, Ireland's under a midnight curfew, but India has reopened to vaccinated tourists.
He took charge of Amazon's biggest moneymaker. Now he faces a new set of challenges
When Jeff Bezos decided to give up his role as Amazon's chief executive earlier this year, it prompted the company to name not one but two new CEOs. The first, Andy Jassy, replaced Bezos as CEO of Amazon's sprawling business. The second, Adam Selipsky, was hired in March to fill Jassy's old role as CEO of Amazon's single biggest moneymaker: Amazon Web Services (AWS).
World's highest 360-degree infinity pool opens
Dubai has turned breaking world records into something of an art form over the years, and the emirate now has yet another to add to its list.
Mysterious symbols carved in Qatar's deserts
Some shoot out of the soft rock like reptiles bathing in the sun. Others are mysterious depressions resembling an ancient board game played all over the world. And a few are straight-up puzzling.
China may have to juice its economy soon as 'stagflation' risk rises
A Chinese central official has warned that stagflation could weigh on an already struggling economy next year. It's the latest sign that the government may be thinking about taking some aggressive steps to address slowing growth, including its first lending rate cut since early 2020.
Xi tells Southeast Asian leaders China does not seek 'hegemony'
Chinese President Xi Jinping told leaders of the 10-country Association of Southeast Asian Nations (ASEAN) at a summit on Monday that Beijing would not "bully" its smaller regional neighbors, amid rising tension over the South China Sea.
Justin Bieber called on to cancel Saudi Arabia concert by slain journalist's fiancée
The fiancée of murdered journalist Jamal Khashoggi wrote an open letter published by the Washington Post calling for Justin Bieber to cancel his upcoming concert in Saudi Arabia.
Five Chinese nationals kidnapped in DR Congo after attack near mine
Gunmen killed a policeman and kidnapped five Chinese nationals near a mine in southeast Democratic Republic of Congo overnight, a local official and an army spokesman said on Sunday.