World Bank keeps China 2023 GDP growth forecast but cuts 2024 outlook
BEIJING The World Bank has maintained its forecast for China's 2023 economic growth at 5.1%, in line with
2023-10-02 15:58
Ethan Hawke feared acting roles would dry up
Ethan Hawke has admitted he embraced writing and directing movies over fears he would no longer be offered any acting roles
2023-10-02 15:25
South African Policy Uncertainty Eases on Better GDP and Inflation
Policy uncertainty in South Africa eased in the third quarter after better-than-expected economic growth data and as inflation
2023-10-02 14:50
Ukraine-Russia war – live: Children injured in Kherson shelling as Prigozhin son tipped to be next Wagner boss
At least one person is dead and six injured including two children as Russian shelling continue to hammer Ukraine‘s southern region of Kherson overnight. On the Telegram messaging app the governor, Oleksandr Prokudin, said Russian forces had launched 71 attacks in the past 24 hours, “aimed at the residential districts”, as well as shops and medical infrastructure, among other establishments. Twenty of the air and land attacks targeted the city of Kherson, the region’s administrative district, the governor added, while authorities promptly doused a fire sparked by shelling early on Monday. It came as Yevgeny Prigozhin’s 25-year-old son, Pavel Prigozhin, has been making moves to take over command of the Wagner Group, according to a US thinktank. He is negotiating with the Russian national guard, Rosgvardia, over having the mercenary organisation rejoin combat in Ukraine, the Institute for the Study of War said, citing a prominent Telegram channel affiliated with the group. At a ceremony at his father’s grave in St Petersburg, Pavel laid flowers alongside Prigozhin’s mother. Supporters waved the black flags of Wagner which sport a skull and the motto “Blood, Honour, Motherland, Courage”. Read More Ukraine ‘hits power substation’ in drone attacks on Russian border regions Putin’s shameless UN charm offensive - with stolen grain from Ukraine Russian figure skater Kamila Valieva's Olympic doping case will resume for two more days in November Ukraine's Zelenskyy taps celebrities for roles as special adviser and charity ambassador
2023-10-02 14:50
UK House Prices Flat in September as Mortgage Crunch Eases
UK house prices held up better than forecast in September as the recent surge in mortgage rates showed
2023-10-02 14:47
Putin’s aide threatens to target British soldiers training troops in Ukraine
Vladimir Putin’s aide and former Russian president Dmitry Medvedev threatened military force against British soldiers training in Ukraine, calling them “legal targets” for Russia’s forces. The deputy chairman of Russia’s Security Council was reacting to remarks by British defence secretary Grant Shapps who on Saturday said London wants to send military instructors to Ukraine – a claim later clarified by prime minister Rishi Sunak who said that the plans are not for “here and now”. "(This will) turn their instructors into a legal target for our armed forces... understanding perfectly well that they will be ruthlessly destroyed. And not as mercenaries, but namely as British Nato specialists," Mr Medvedev wrote on his official Telegram channel. Mr Shapps spoke about the training in Ukraine in addition to training Ukrainian armed forces in Britain or other Western countries as at present. The Russian official is considered to be a close aide of Vladimir Putin who has earlier issued nuclear sabre-rattling threats after Russia launched a full-scale invasion of Ukraine in February last year. Apart from threatening British forces in his Telegram post, Mr Medvedev also said German factories producing Taurus missiles were “pushing us towards World War Three”. "They say this is in accordance with international law. Well, in that case, strikes on German factories where these missiles are made would also be in full compliance with international law," Mr Medvedev said. "These morons are actively pushing us towards World War Three," he added, repeating similar warnings he has made before. In July, Mr Medvedev said actions by the "completely crazy" West meant World War Three "is getting closer." On Sunday, Mr Sunak rowed back from his defence secretary Mr Shapps’s comments and said there were no immediate plans to deploy military instructors to Ukraine. "What the defence secretary was saying was that it might well be possible one day in the future for us to do some of that training in Ukraine," he told reporters at the start of the governing Conservative Party’s annual conference in Manchester. "But that’s something for the long term, not the here and now. There are no British soldiers that will be sent to fight in the current conflict." Read More
2023-10-02 14:47
BOJ to Buy Additional Bonds to Curb Rise in Sovereign Yields
The Bank of Japan announced an extra bond-buying plan for this week following an unscheduled operation it conducted
2023-10-02 14:28
China’s Precarious Economic Recovery Signals More Support Needed
China’s factories look to have stabilized for now, though the recovery has been far from swift and the
2023-10-02 14:18
Google to Make Laptops in India in Win for Modi’s Tech Push
Alphabet Inc.’s Google will begin to make its Chromebook laptops in India, the latest among global tech companies
2023-10-02 14:16
World Bank Cuts Growth Estimates for East Asia as China Falters
Developing economies in East Asia and the Pacific are set to see slower growth this year and next
2023-10-02 10:59
Ex-SoftBank Executive Sets Up Stablecoin to Dodge High Inflation
Akshay Naheta, a former SoftBank Group Corp. executive who steered some of the firm’s biggest deals, is launching
2023-10-02 10:52
Updated MLB Playoff Bracket: Astros pull rabbit out of hat, more
Curious about the MLB postseason bracket? Find out which teams will face off in the playoffs.
2023-10-02 07:48