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China keeps interest rates steady, drains record cash in policy adjustment

The authorities also withdrew a net 1.15 trillion yuan ($158 billion) from the financial system with the tool, the most since 2014

Mozambique faces chaos as Frelimo's 49-yr rule, disputed polls spark row

The death toll has risen to more than 200 since the unrest began on Oct. 21, according to data from Decide Platform, a local monitoring group, and local authorities

Japan to unveil record $735 bn budget with ramped-up defence spending

The increase from the current fiscal year's initial annual budget of ¥112.6 trillion is around 2.6 per cent, largely in line with the government's forecast for overall inflation in this fiscal year

Violence breaks out in Mozambique after election court ruling, 56 dead

The US called the electoral process "flawed," while the European Union pointed to "irregularities during counting of votes and unjustified alteration of election results."

Foreign investments in Israel rise to $11.8 billion in first half of 2024

In 2023, the US was the leading source country for investments in Israel with $24 billion followed by France with $3.7 billion, India with $1.2 billion and the UK with $1.1 billion

Taiwan blocks Uber's $950 million purchase of Delivery Hero's Foodpanda

The acquisition would have been one of Taiwan's largest outside of the chip industry, marking a retreat for Delivery Hero from Asia

Honda, Nissan merger deal may be key in fight against China's BYD

Honda and Nissan are both having trouble contending with ascendant domestic automakers in China

Lyft accuses San Francisco of overcharging $100 mn for taxes over 5 years

The company said its hometown calculated its taxes from 2019 to 2023 based on the total amount of money that passengers paid for rides

Syngenta signs $ 4.5 bn sustainability-linked loan, Asia's largest in 2024

Borrowers in Asia-Pacific excluding Japan have raised $57 billion-equivalent of such facilities so far this year, a 19% jump from the same period in 2023, Bloomberg-compiled data shows

Vietnam launches second trial over Covid-19 flight bribery scandal

The prosecutions are part of a sweeping anti-graft campaign that has touched the highest levels of government, leading to the resignation of two presidents

Xerox to buy printer maker Lexmark from Asian investors in $1.5 bn deal

Lexmark, spun off in 1991 by International Business Machines Corp., is already a partner and supplier to Xerox

Moody's sees Honda-Nissan deal as credit positive, flagrisks for Honda

Honda has lower margins in its automotive business compared with its motorcycle business, giving it less flexibility in absorbing Nissan's loss-making auto operations, Enjo wrote

Iran denies allegations of using kids to hit Israeli targets in Europe

Esmaeil Baghaei, spokesman for Iran said the allegations, are "absurd, shameful and immoral," adding that Iran "never had a proxy" nor needed one

MultiPlan Corp signs agreement with creditors to refinance $4.5 bn debt

Holders of about 78 per cent of various bonds and term loans have agreed to the deal, which targets debt due between 2026 and 2028

Russian Army's biggest cargo ship sinks in Mediterranean after explosion

Two crew members were missing and 14 others were rescued and taken to the Spanish port of Cartagena

Musk's SpaceX, Amazon in talks with British Airways owner on wi-fi deal

One obstacle for Starlink is the complexity of the certification process, Gigante said. She said IAG is evaluating various options, including when the group could install a new service

Swiss PE eyes IT, pharma in India portfolio rejig after 300% gain

The fund is looking to exit some India investments and deploy the winnings in other sectors in the country such as healthcare, technology, education and shadow lending

Singapore pulls ahead of Hong Kong in race to become digital-assets hub

Singapore doled out 13 crypto licenses in 2024 to a range of crypto operators including top exchanges OKX and Upbit, as well as global heavyweights Anchorage, BitGo and GSR

Global disease resurgence in 2024 highlights growing health threat

The year also saw unprecedented number of human contracting avian influenza caused by the H5N1 virus in the US

Here's all about the best climate news you may have missed this year

Averting catastrophic climate change was always going to involve plenty of steps forward as well as steps back