World News

Explained: How hackers stole $6.3 bn in crypto from Binance in just 20 mins

While Binance has said it will cover customer losses, the attack has drawn attention to vulnerabilities in the systems exchanges use to authorise and process transactions

Binance says it has covered $6 billion of $6.3 billion stolen in hack

The ​remaining amount, now less than 10%, consists of assets that are less liquid and may take longer to source in the required ​amounts, according to Binance

Trump admin face criticism over inflammatory posts ahead of midterms

Images shared by the White House and Agriculture Secretary Brooke Rollins have drawn criticism for using sombrero-themed imagery and inflammatory messaging

Targeting H-1B holders poses severe economic risks to US, warns Indiaspora

The NGO expressed concern over political efforts to demonise Indian-origin professionals, who play a key role in sectors such as healthcare, technology, and education

US jobs pickup may keep Federal Reserve on track to hike rates again

Forecasters expect the report to show monthly job growth more than doubled in October, to 65,000, while the unemployment rate remained steady at 4.2%

Carlyle Group, KKR get ready to snatch up bargain leveraged loans

Money managers are looking to capitalise on a selloff in the $1.5 trillion US leveraged-loan market, with more than 85% of loans trading below face value

What Asian stock investors need to watch ahead of US midterm elections

A Democratic sweep of both chambers of Congress would likely bring greater scrutiny of the AI industry and data-center buildout

US midterms enter final weekend as Alaska, California ballot fights heat up

Federal prosecutors intensify a probe into Alaska's Senate race, while the Justice Department signals a likely Supreme Court appeal over California mail-in ballots ahead of Tuesday's midterm elections

South Korean exports nearly double in October on AI investment boom

Exports from Asia's fourth-largest economy, a bellwether for global trade, rose 93.7% from the same ‌month last year to $115.28 billion

US judge dismisses Trump's multibillion-dollar defamation suit against WSJ

US District Judge Darrin Gayles in Miami dismissed the suit with prejudice on Saturday, ruling that the president did not prove the defendants made defamatory statements with actual malice

Opec+ agrees in principle to keep oil output targets steady in Dec

The meeting comes as Gulf members have been boosting exports that have been disrupted for months ​by the Iran war

Iranian envoys meet Qatar mediators as US strike threat looms post-midterms

US Secretary of State Marco Rubio said on Saturday that President Donald Trump has not decided whether to launch new strikes against Iran, but would prefer to resolve the conflict diplomatically

France protests turn violent again as police brace for Halloween unrest

Scuffles erupt in Paris and other cities after nationwide demonstrations draw 320,000 people, with anger over inflation, fuel prices and strained public services fuelling unrest for a third weekend

North Korean hackers behind $6.3 billion Binance crypto heist, says FBI

The FBI asked crypto exchanges, blockchain analytics companies and others to block transactions linked to various addresses to make sure the money is not laundered to cover up its origins

Quad foreign ministers express grave concern over economic coercion

Quad foreign ministers reiterated their commitment to building reliable and open global supply chains and trusted and resilient infrastructure

42% of California voter names flagged by Trump admin not on rolls: Analysis

It's the first outside analysis of a list that the Department of Justice has used to threaten prosecution of election officials

G20 foreign ministers end Atlanta meeting without consensus on key issue

The group did not release a joint communique but relied on a chairman's statement summarising the talks that Secretary of State Marco Rubio released after the meetings closed

French government says 320,000 people protested nationwide on Saturday

Mass protests on October 17 drew more than 500,000 people around France, and demonstrations on October 24 drew 410,000, according to government estimates

Iran warns of wider retaliation even as diplomatic talks with US progress

Diplomatic shuttling continued on Saturday, with Iran's Foreign Minister Abbas Araghchi saying an Iranian delegation was in Qatar for talks with mediators there

US Secretary of State Rubio hosts Quad meet, wraps up G20 gathering

Rubio hosted a final plenary session with ​foreign ministers from the Group of 20 major economies during a two-day summit in Atlanta