US President Donald Trump Trump also signed a letter to the United...
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Billionaire wealth across the globe surged by $ 2 trillion in 2024 to $ 15 trillion
Wealth of billionaires in Asia increased by $ 299 billion in 2024,...
Investigators find feathers in both engines of crashed South Korean Jeju Air plane
The ministry suspects that both engines shut down shortly before...
ADB approves a $200 million loan to help mitigate ecological & environmental risks in China’s Mulan River
The project aims to strengthen institutional capacity for environmental management. It will support county-level integrated environment management and climate change adaptation action plans and associated capacity building and public awareness raising. It will also...
US likely to probe Apple over anti-market practices
European antitrust watchdogs have filed antitrust cases against Apple over its App Store fees and the iPhone's treatment of tap-to-pay technology After taking on Meta (Facebook) and Google with antitrust lawsuits, the US Department of Justice (DOJ) is reportedly...
Has China’s Belt & Road Initiative lost its lustre?
While there is little doubt that, during its lifetime, the BRI has become the largest transnational infrastructure programme ever undertaken by a single country, said the Forum's President Lord Bruce, in recent years evidence is mounting to show that China is actually...
Moderna sues Pfizer/BioNTech for patent infringement over COVID vaccine
Early in the pandemic, Moderna said it would not enforce its COVID-19 patents to help others develop their own vaccines, particularly for low- and middle-income countries. But in March 2022 Moderna said it expected companies such as Pfizer and BioNTech to respect its...
World reaches ‘tragic milestone’ of one million COVID-19 deaths so far in 2022
In January, WHO and partners launched the COVID-19 Vaccine Delivery Partnership, focused mainly on the 34 countries that were at or below 10 per cent coverage. All but six are on the continent Today, only 10 countries still have less than 10 per cent coverage, most of...
China’s fragile economy is being hammered by driest riverbeds since 1865
Yangtze’s retreating water levels have snarled electricity generation at many key hydropower plants, sparking energy chaos across parts of the country. Mega cities including Shanghai are turning off lights, escalators and cutting back on air conditioning. Tesla Inc....
Korea shatters its own record for world’s lowest fertility rate
Korea is the world’s fastest-aging nation among economies with per capita GDP of at least $30,000, according to United Nations global population projections and World Bank data. By 2100, its population will fall by 53% to 24 million, up from a 43% decline forecast in...
Russian coal exports face European insurance ban
While Russian coal miners started re-directing volumes to Asia long before the ban came into force, the shipowners typically reinsure their risks with bigger providers that can no longer cover such exports. The companies are looking at other options, but those will be...
Indian Ocean coastline off Somalia declassified as a “high-risk area”
The change was approved by marine groups including the International Chamber of Shipping and will be operational from January next year, they said in an emailed statement on Monday “No piracy attacks against merchant ships have occurred off Somalia since 2018,”...
People facing acute food insecurity reach 345 million worldwide – WFP
Before the coronavirus crisis, 135 million suffered from acute hunger worldwide, said Corinne Fleischer, the WFP's regional director, told Reuters. The numbers have climbed since and are expected to soar further because of climate change and conflict The number of...