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Sun, August 14, 2022 | 11:51

Gulf central banks raise interest rates

Gulf central banks hiked their main interest rates on Wednesday as the U.S. Federal Reserve raised its target policy rate by 50 basis points in the face of inflation at highs not seen in decades.

2022-05-05 10:11

Fed raises key rate by a half-point in bid to tame inflation

Longstanding group serves Koreans in Hong Kong

HONG KONG - Hong Kong's handover to China by the U.K. and the Asian financial crisis were some of the major events that made headlines in the city in the past decades. But those events are fairly recent milestones compared to the history of the Korean Residents Association of Hong Kong, which has stood through thick and thin since its founding. The group supporting Koreans ha...

Kim Bo-eun | 2022-05-05 08:54

Beijing closes dozens of subway stations, extends COVID restrictions

Beijing closed dozens of subway stations and expanded COVID restrictions Wednesday, constricting movement around the Chinese capital despite logging only dozens of daily cases.

2022-05-04 19:47

All in the family: Philippine dynasties tighten grip on power

If the son of former Philippine dictator Ferdinand Marcos wins the May 9 presidential election, he will not be the only Marcos currently in power - and will almost certainly not be the last.

2022-05-04 14:31

Philippine presidential candidates in final push to woo voters

Philippine presidential candidates will hold final election rallies this week as the campaign enters its homestretch, in a contest that has become a two-way race between frontrunner Ferdinand Marcos Jr. and his main rival Leni Robredo.

2022-05-03 14:10

Hope fizzles for 'revenge spending' splurge in Japan as inflation looms

Japanese mother of three Maiko Takahashi was never one to pinch pennies or accept hand-me-downs for her children even though circumstances for her single-income family have always been fairly modest.

2022-05-02 11:08

Peru's annual inflation rate hits 24-year high in April

Taiwan calls China's COVID lockdowns 'cruel'

China's lockdowns to control the spread of COVID-19 are "cruel" and Taiwan will not follow suit, Premier Su Tseng-chang said Sunday.

2022-05-01 11:32

Crisis-hit Sri Lanka hikes medicine prices by 40%

Cash-strapped Sri Lanka announced a 40 percent price hike for dozens of commonly used medicines Saturday as the island nation labors through its worst economic crisis in decades.

2022-04-30 19:09

Indonesia's palm oil export ban heats up vegetable oil market

Indonesia's decision to suspend palm oil exports in the face of domestic shortages has pushed vegetable oil prices to new highs, further tightening a market already on edge due to the war in Ukraine and global warming.

2022-04-30 15:32

COVID-hit Beijing increases curbs, fears Shanghai-like misery

The Chinese capital of Beijing closed some public spaces and stepped up checks at others Thursday, as most of the city's 22 million residents embarked on more COVID-19 mass testing aimed at averting a Shanghai-like lockdown.

2022-04-28 14:52

Denmark suspends COVID vaccination campaign

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