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19848 articles published since 08 Mar 2022

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IMF cautions on timing of UK rate cut
IMF cautions on timing of UK rate cut
Business and Economy

The International Monetary Fund on Tuesday said the Bank of England should be mindful over when to start cutting interest rates or risk harming an economy recently out of recession. "As monetary policy reaches an inflection point, the timing and pace of rate cuts must carefully balance the risks of premature and delayed easing," the IMF cautioned in its latest outlook document.

Trump vows to sue over explosive biopic
Trump vows to sue over explosive biopic
Business and Economy

Donald Trump's team has vowed to sue over a biopic about his early years that includes rape, erectile dysfunction and ruthless betrayal, but the makers said on Tuesday the film allowed viewers to feel "sympathy" with the ex-president. With that comes sympathy.

NGOs seek climate trial of French oil giant TotalEnergies
NGOs seek climate trial of French oil giant TotalEnergies
Business and Economy

NGOs filed a criminal complaint against French oil giant TotalEnergies and its top shareholders in Paris on Tuesday, seeking a trial for involuntary manslaughter and other consequences of climate change "chaos". The complaint was filed at the Paris judicial court, which has environmental and health departments, three days before TotalEnergies holds its annual shareholders meeting.

Sick of tourists, Japan town blocks view of Mt Fuji
Sick of tourists, Japan town blocks view of Mt Fuji
Business and Economy

A Japanese town mounted a large mesh barrier at a popular viewing spot for Mount Fuji on Tuesday, in an attempt to deter photo-taking by an ever-growing number of tourists. Residents near other popular photo spots in the region, including the so-called Fuji Dream Bridge, have also reportedly complained about overtourism in recent weeks.

Asian markets slump as traders take profits, eye commodities' spike
Asian markets slump as traders take profits, eye commodities' spike
Business and Economy

Asian markets suffered a downturn Tuesday after racking up a series of gains as profit-takers stepped in, while traders were also spooked by a surge in commodity prices. After a mildly positive day in New York, where the Nasdaq hit a record high and the Dow ended down from Friday's record, Asian investors were cautious as they eyed rising commodity prices.

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