U.S. President Joe Biden spoke to Ukrainian President Volodymyr Zelenskyy on Friday and announced a new military aid package ahead of Ukraine’s Independence Day on Saturday, their offices said. U.S. Defense Secretary Lloyd Austin, who also spoke with his Ukrainian…
Vice President Kamala Harris said Republican presidential nominee Donald Trump “wants to be an autocrat,” as she accepted the Democratic presidential nomination in Chicago on Thursday night. “I will not cozy up to tyrants and dictators like Kim Jong-Un, who…
Former President Donald Trump painted a dark picture on Thursday of what the U.S.-Mexico border would be like if Vice President Kamala Harris were to be elected president. Trump visited Arizona just hours before Harris was due to accept her…
Falling U.S. crude inventories caused oil prices to rebound on Wednesday after several days of decline, while expectations for a nearing ceasefire deal in the Middle East kept prices from continuing to climb. Brent crude futures for September rose 46…
Asia-Pacific markets fell on Wednesday as traders assessed July business activity data from Australia, tech earnings from the U.S. and awaited Japan PMI readings. The region will also look for any spillover effect on tech and EV stocks after U.S.…
Russia’s war on Ukraine could end with the latter being divided into two — like North and South Korea, according to Singapore’s former ambassador to Russia, Bilarhari Kausikan. Before 1945, Korea existed as a unified country. However, it was split…
Asia-Pacific markets were mixed after the Bank of Japan kept its benchmark interest rate unchanged on Friday, but indicated it’s considering the reduction of its purchase of Japanese government bonds. The central bank left short-term rates unchanged at between 0%…
The Bank of Japan kept its benchmark interest rate unchanged on Friday, but indicated it’s considering the reduction of its purchase of Japanese government bonds. The central bank left short-term rates unchanged at between 0% to 0.1% at the end…
The credit fundamentals of Japanese life insurers will remain strong for the financial year ending March 2025 (FYE25), forecasted Fitch Ratings. The agency expects insurers’ capital adequacy to stay adequate for their ratings, supported by consistent accumulation of core capital.…
Japan is not seeking a strong yen but rather aiming for a relatively stable currency, according to veteran investor David Roche. The Japanese yen has been on a roller coaster ride, with the currency breaking past 160 against the greenback…
Japan stocks led declines in Asia-Pacific markets on Wednesday, as investors parsed through earnings from the region, including reports from Japanese giants Toyota Motor and Mitsubishi. Japan’s Nikkei 225 dropped 1.63% to end at 38,202.37, while the broad-based Topix closed…
Oil futures climbed on Monday after Saudi Arabia hiked June crude prices for most regions and as the prospect of a Gaza ceasefire deal appeared slim, renewing fears the Israel-Hamas conflict could still widen in the key oil-producing region. Brent…
Singapore on Tuesday sentenced the first person to plead guilty in the Southeast Asia island-state’s biggest money laundering scandal to a 13-month imprisonment. Cambodian national Su Wenqiang had faced 11 charges relating to forgery and laundering criminal proceeds. Public prosecutors…
Indians head to the polls on Friday in what will be the world’s largest democratic election, as close to one billion voters pick their next government and decide whether to hand Prime Minister Narendra Modi a third term in office.…