Asian Equity Futures Advance; Yields Push Higher: Markets Wrap
Asian stock futures climbed, suggesting opening gains around the region on Wednesday after a rally on Wall Street
2023-06-28 07:59
MLB Rumors: Yankees trade could easily replace Josh Donaldson
The New York Yankees could easily replace Josh Donaldson (even though the team believes in him), and there's one replacement option available. But it could come at a high cost.Whenever a team loses its top player, struggles are likely to follow. But for the New York Yankees, losing outfield...
2023-06-28 07:51
Qantas names Rob Macrolina new CFO in latest management overhaul
Qantas Airways has appointed Rob Macrolina as its new chief financial officer, the company said on Wednesday, succeeding
2023-06-28 07:27
China Lures Billionaires Into Race to Catch US in AI
China’s tech sector has a new obsession: competing with US titans like Google and Microsoft Corp. in the
2023-06-28 07:17
US sanctions gold companies suspected of supporting Wagner mercenaries in Russia
The United States moved on Tuesday to punish companies accused of doing business with the infamous Russian mercenary army known as the Wagner Group, following the group’s insurrection attempt within Russia’s borders. The move is not thought to be specifically related to the coup, however, instead being a response to Wagner’s participation in some of the bloodiest fighting taking place within Ukraine, where Russian forces launched a full-scale invasion last year. A statement from the Treasury Department faulted companies in Africa and the Middle East for participating in a gold-selling scheme in violation of US sanctions to fund the Wagner Group’s ongoing activities. One executive at Wagner, Andrey Nikolayevich Ivanov, was also slapped with individual sanctions on his financial dealings. “The targeted entities in the Central African Republic (CAR), United Arab Emirates (UAE), and Russia have engaged in illicit gold dealings to fund the Wagner Group to sustain and expand its armed forces, including in Ukraine and Africa, while the targeted individual has been central to activities of Wagner Group units in Mali,” reads Treasury’s press release. The companies are even accused of working with rebel militant groups in the Central African Republic (CAR) as part of the operation. Consequently, an inter-agency task force has issued an advisory highlighting risks for participants in the African gold trade. “Treasury’s sanctions disrupt key actors in the Wagner Group’s financial network and international structure,” added Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian Nelson in a statement. “The Wagner Group funds its brutal operations in part by exploiting natural resources in countries like the Central African Republic and Mali. The United States will continue to target the Wagner Group’s revenue streams to degrade its expansion and violence in Africa, Ukraine, and anywhere else,” he said. Wagner Group’s prominence exploded over the weekend after the mercenary soldiers ripped through Russia and seized control of a major city, Rostov, where much of the country’s defence sector is centred. The lightning-fast coup ended as quickly as it began, with leader Yevgeny Prigozhin apparently accepting a deal negotiated by the president of Belarus which saw him exiled to that country. In exchange, participants in the insurrection were granted immunity deals — and other, unknown concessions were thought by many to have been extended to Mr Prigozhin as well. It’s unclear what the insurrection means for the future of Wagner, however, given Mr Prigozhin’s apparent banishment and the souring of his ties with Russia’s leader. Many of the private army’s troops are still deployed in Ukraine, where they are engaged in some of the fiercest combat taking place across the country’s southeast. Read More UN urges Israel and Palestinians to halt West Bank violence in statement backed by US and Russia Fox News host suggests White House ‘drummed up’ Russia coup to distract from Hunter Biden Wagner chief walks free after armed revolt. Other Russians defying the Kremlin aren’t so lucky NATO warns not to underestimate Russian forces, and tells Moscow it has increased preparedness Putin admits Moscow paid Wagner mercenaries £800m in wages in a year – and that his forces ‘stopped civil war’ Pope's peace envoy arrives in Moscow after the short-lived Wagner rebellion
2023-06-28 06:19
Marketmind: Risk back on as slowdown blues fade
By Jamie McGeever A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
2023-06-28 05:51
Texas power use breaks record in heat wave -ERCOT
Power use in Texas hit a preliminary all-time high on Tuesday as homes and businesses cranked up air
2023-06-28 05:50
Appeals court dismisses Ivanka Trump as co-defendant in civil fraud case against Donald Trump
A New York appeals court has dismissed Ivanka Trump as a co-defendant in New York Attorney General Letitia James' civil fraud lawsuit against Donald Trump, his children and the Trump Organization, according to a court order filed Tuesday.
2023-06-28 04:54
Belarus leader welcomes Wagner boss Prigozhin into exile
Yevgeny Prigozhin, who led a Russian mutiny, arrives in Belarus and his men are offered a military base.
2023-06-28 03:52
Lukashenko claims he stopped Putin from 'destroying' Wagner group
Belarus President Aleksandr Lukashenko claims he convinced Russian leader Vladimir Putin not to "destroy" the Wagner group and its chief Yevgeny Prigozhin, talking up his role in halting the mercenaries' military insurrection that caused crisis in Russia at the weekend.
2023-06-28 03:26
July 2023 Video Game Release Dates
Here's what's in store for July 2023.
2023-06-28 03:26
Nicolas Coster, 'Santa Barbara' star, dead at 89
Nicolas Coster, a veteran actor known for his work on the daytime dramas "Santa Barbara" and "Another World," died Monday, his daughter announced in a Facebook post.
2023-06-28 03:18