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Ghana labour unions call for strike over local debt swap
Ghana's main unions on Monday called for a nationwide strike from next week in protest against the inclusion of workers' pensions in a local debt swap programme as part of the terms for an IMF credit.
Hong Kong exchange headed to worst IPO finish in a decade
Hong Kong's stock exchange is on track for its weakest year since 2012 for new listings as the city reeled from the pandemic, rising interest rates and China's economic uncertainty, according to data released Tuesday.
'Asterix' takes on new writer for 2023 instalment
Popular French comic book series "Asterix" will turn a new page for its forthcoming 40th volume, with a new writer chosen to pen next year's instalment, the publisher said Tuesday. Before the Asterix series, there was no history of comics having a scriptwriter.
Meet Jaelyn Crooks: Everything you need to know about the Prior Lake High School student
Jaelyn Crooks is an American student from Prior Lake High School well-recognized for her racist video that went viral on the internet. Find out more about her!
World Bank slashes China growth forecasts on Covid woes, property crisis
The World Bank on Tuesday slashed its China growth forecast for the year as the pandemic and weaknesses in the property sector hit the world's second largest economy. "Economic activity in China continues to track the ups and downs of the pandemic -- outbreaks and growth slowdowns have been followed by uneven recoveries," the World Bank said.
World Bank slashes China growth forecasts
The World Bank on Tuesday slashed its China growth forecast for the year as the pandemic and weaknesses in the property sector hit the world's second largest economy. "Economic activity in China continues to track the ups and downs of the pandemic -- outbreaks and growth slowdowns have been followed by uneven recoveries," the World Bank said in a press release.
Japan central bank tweaks monetary policy, yen strengthens
Japan's central bank tweaked its longstanding monetary easing programme on Tuesday, in a surprise move that saw the yen strengthen quickly against the dollar while Tokyo stock markets fell. The move saw the yen strengthen rapidly against the dollar, with the greenback falling from a daily high of 137 yen to 133 within minutes of the decision.
Asian markets mostly down on worries over rate hikes, inflation
Most markets fell in Asia on Tuesday following a sell-off in New York as traders fret that central bank efforts to tame inflation will tip economies into recession. Adding to the selling pressure were comments from former New York Fed chief William Dudley, who told Bloomberg Television that any sign of optimism in markets could make monetary policymakers tighten even more.
EU reaches gas price cap agreement, angering Russia
EU energy ministers on Monday overcame months of wrangling to agree a price cap for natural gas in the bloc, drawing an immediate warning from Russia that the move was "unacceptable".
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