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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)

Sunak's billionaire wife Akshata Murty builds ties to world's super-rich

Murty, 42, who was born in India and is still an Indian citizen, has a net worth of about $1.2 billion thanks to her stake in Infosys Ltd.

India probes ZTE, Vivo as more China firms under scrutiny: Report

India has tightened scrutiny of China-based firms since 2020, when the two nations saw the deadliest fighting in decades at their disputed Himalayan border

Fed's Christopher Waller backs 50 bps rate hikes at 'several' meetings

US central bankers raised rates by a half point this month to cool the hottest inflation in 40 years and have signaled they'll hike by the same amount again at their meetings in June and July

Inflation fight, monsoon may take pressure off RBI: Former deputy governor

The govt's recent $26-bn fiscal package, which includes tax cuts and subsidies, as well as the RBI's rate increase earlier this month, should be able to cool inflation to 6%, says R Gandhi

China's Covid outbreak wanes as curbs eased to boost faltering economy

China reported the fewest new Covid-19 cases in almost three months, with the easing of outbreaks in Beijing and Shanghai emboldening authorities to relax some of the strictest virus controls

China prepares final missions to complete its Tiangong space station

The Shenzhou XIV, which will carry three astronauts in June for a six-month mission to Tiangong, was moved to the launchpad at the Jiuquan Satellite Launch Center in Inner Mongolia on Sunday

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