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China guides mutual funds, insurers to invest more in stocks
China will commence the second stage of a trial program for...
South Korea to change airport design after deadly Jeju air crash
Runway end safety areas at nine airports will be lengthened to 240...
Rare upsurge in bird flu makes for worst-ever crisis in France
After a first wave led to the culling of around 4 million birds in the southwestern part of the country, France has been facing outbreaks believed to have been brought by wild birds on their way back, the first time this has happened in a significant way France is...
World records staggering number’ of unintended pregnancies: UNFPA
Over 60 per cent of unintended pregnancies end in abortion and an estimated 45 per cent of all abortions are unsafe, accounting for five to 13 per cent of all maternal deaths recorded, according to the UNFPA's flagship State of World Population 2022 report UN: Nearly...
India briefs Climate Advisory Group about Infrastructure for Resilient Island States
India's Permanent Representative to the United Nations, TS Tirumurti further said that the Infrastructure for the Resilient Island States (IRIS) initial corpus is USD 50 million IRIS, a dedicated initiative, will provide technical support on the multifaceted issues...
World’s top banks pumped $742 bln into fossil fuels in 2021 – report
Most leading banks have pledged to reach net-zero emissions across their financing by 2050. But, despite the International Energy Agency saying no new oil and gas fields should be developed for the world to hit its climate goals, the report showed finance continues to...
With war next door, EU is warned on cybersecurity gaps
Cyberattacks against EU bodies are increasing “sharply,” with major incidents jumping more than tenfold between 2018 and 2021, according to the Luxembourg-based ECA Brussels: The warning by the European Court of Auditors covers the wide range of EU bodies — from the...
Blockchain project Ronin hit by $615 million crypto heist
Hacks have long plagued crypto platforms. The cryptocurrency arm of Jump Trading said last month it had restored more than $320 million to crypto platform Wormhole after the decentralised finance site was hit with one of the largest crypto heists on record Blockchain...
Chubb buys DUAL’s Asian Financial and Cyber business
Chubb will be purchasing the business assets including intellectual property in the form of wordings and underwriting models from DUAL in both Hong Kong and Singapore Over the last 13 years DUAL Asia has grown organically, in partnership with MSIG, into a Financial...
Global leasing companies had until Monday to sever ties with Russian carriers under Western sanctions imposed over Moscow’s invasion of Ukraine, but executives say only a fraction of the more than 400 jets directly involved have been returned Russia’s airline...
Maersk warns Shanghai city lockdown to boost transport costs further
A survey conducted by a state newspaper found Shenzhen's "war" on COVID-19 has hurt up to 93% of local small and medium-sized companies, with many suffering production disruptions because of shutdowns, interruptions in supply chains, and delays in order executions...
Russian tankers going dark raises flags on sanctions evasion
As more countries and businesses shun commerce with Russia, the country’s fleet will be under pressure to conduct dark activity and even engage in illicit shipping to stay afloat, said Ian Ralby, chief executive of I.R. Consilium, a maritime law and security...