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SoftBank Group's top executives pay slashed after historic Vision Fund loss

SoftBank Group's founder and Chief Executive Officer Masayoshi Son kept his pay unchanged at 100 million yen (roughly $785,000)

Modi govt's popularity highest since start of Covid pandemic, shows survey

Approval ratings of Modi's government have risen to the highest since the pandemic though there's lingering concerns over the surging prices of essential items and unemployment, latest survey showed

Colombian outsider surges to runoff with a real shot at presidency

Rodolfo Hernandez got 28% of votes, compared to 40% for Gustavo Petro, the electoral authority said after an election in which no candidate reached the 50% threshold to avoid a second round

A 26-year-old sex-crime fighter is taking South Korean politics by storm

In the five years since Park Ji-hyun's 21st birthday, the South Korean activist has busted an online sex crime ring, published a memoir, revealed her identity to the masses

Pakistan says it's shut out of global bond markets with IMF only resort

Pakistan's government is unable to secure funding from the global bond market and commercial banks, making it even more important to secure an agreement with the IMF

A nation in default: Is the great Sri Lanka fire sale about to begin?

PM Wickremesinghe wasted no time in announcing the government would privatize Sri Lankan Airlines, which prior to the pandemic had flown to 126 destinations in more than 60 countries

China in danger of exporting fresh inflation turmoil, shows survey

China's Covid-zero strategy is set to stay in place for the rest of the year, intensifying the world's supply-chain woes and challenging efforts by central bankers to rein in inflation

Covid-19 in Taiwan: Insurers brace for over $1 bn in payout amid outbreak

Insurers are looking to limit their losses on policies after underestimating the extent of the Convid-19 cases in Taiwan

With midterms looming, Biden may lose support of Big Tech, minority voters

Facing crises like rising inflation to escalating Russian aggression, Biden risks seeing his falling poll numbers translate into the loss of the Democratic Party's tenuous control of Congress

US Federal Reserve won't flinch as labour market starts tailing off

US Fed will take the data in stride as it prepares to keep boosting interest rates and wait for a more-sustained cooling in job growth to help moderate wage gains and inflation

Russian victories in eastern Ukraine spark debate over course of war

Arrival of more powerful weapons and fresh Ukrainian volunteers, combined with the steady attrition of Russian forces and equipment, suggests slow pace of movement on the battlefield favours Ukraine

Battered DeFi investors put their hopes in Ethereum revamp: Here's why

Fewer new issuances of Ether, a smaller carbon footprint and higher yields are among the upgrade outcomes that DeFi investors say will fuel an Ethereum rally and boost the industry

Beijing says Covid-19 outbreak under control as city to relax curbs

Most public transportation services including buses, subways and taxis will resume in three districts including Chaoyang, according to Xu Hejian, a spokesman for the Beijing city govt

Sri Lanka looks to rely more on India's help until IMF funding agreed

Sri Lanka has been plagued by shortages of necessities, power cuts, and rampant inflation, which has triggered calls for the ouster of President Gotabaya Rajapaksa

Donald Trump backs NRA in gun rights pitch after Texas school shootings

Trump rejected tighter gun control after a Texas school shooting, telling a NRA meeting that solutions include mental-health care and training teachers to carry concealed weapons

S&P Global Ratings cuts Ukraine credit rating amid more 'protracted' war

S&P Global Ratings cut Ukraine's rating by one notch amid a more protracted conflict than originally forecast when Russia invaded the nation in February

Elon Musk says Bill Gates has 'multi-billion dollar' Tesla short position

Bill Gates has a short position against Tesla Inc. that would now need between $1.5 billion and $2 billion to close out, Elon Musk said

World not spending enough to avert disasters as global calamities rise: UN

Of the $133 billion in available disaster-related financing in 2010 to 2019, only 4% went to reducing risks with the rest being spent on more costly post-calamity responses, a UN official said

Thousands of aviation jobs up for grabs as Singapore races to recruit

Over 6,600 jobs are available at the Singapore's airport, which is often voted the world's best

Elon Musk's Twitter bankers face potential hit on the riskiest debt

The lenders forged a deal based on a maximum interest rate of 11.75 per cent for the $3 billion unsecured portion of the financing package