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Singapore hopes India ban on Sea's game 'Free Fire' can be resolved quickly

"'Free Fire' is a gaming app owned by Sea Ltd, a leading technology company founded and headquartered in Singapore. We hope that this matter can be resolved expeditiously," the MTI said.

Oil markets hit multiple milestones after sanctions on Russia

Brent crude topped $112 a barrel on Wednesday, the highest since 2014, shrugging off news that several developed countries plan to release a record 60 mn barrels of petroleum reserves to cool prices

Boeing, Exxon, Apple join Western firms spurning Russia over Ukraine

Ford suspends operations in Russia; Apple stops iPhone sales in Russian market

South Korea's Hyundai Motor plans to invest $16 bn in EV push

The Seoul-based automaker said it aimed to achieve an operating profit margin of 10% or higher in EV business by 2030

South Korea's Hyundai Motor plans to invest $16 bn in EV push

The Seoul-based automaker said it aimed to achieve an operating profit margin of 10% or higher in EV business by 2030

World stocks slip, oil blasts past $110 as sanctions on Russia bite

In the latest tightening of restrictions on Moscow, the United States banned Russian flights using American airspace, following similar moves by the European Union and Canada

World's major companies lag on climate, some markets regress since Paris

Limiting the world's temperature rise to 1.5 degrees Celsius above the pre-industrial average by mid-century was crucial in order to avoid irreversible damage to the planet: UN

Euro tests support as Russia-Ukraine crisis threatens economic growth

The common currency briefly fell below support to touch a 21-month low of $1.1090 overnight, before recovering a slightly to last trade at $1.1114

Venture capital firm Accel launches $650 mn fund for India, Southeast Asia

Global venture capital firm Accel has launched a $650 million fund for Indian and Southeast Asian startups, underscoring the large pool of capital being deployed by funds

Ukraine war won't deter Federal Reserve from March rate hikes: Report

US Federal Reserve and some of its major central banking peers will press ahead with lifting interest rates in March, money markets suggest, even as Ukraine war complicates picture of inflation

India's output, exports of Russia's Sputnik vaccine at risk due to war

India's production and exports of Russia's Sputnik Covid-19 vaccines are expected to slow further following US sanctions on Russia's sovereign wealth fund that promotes the shot globally

Visa, Mastercard block Russian financial institutions named for sanctions

US payment card firms Visa Inc and Mastercard Inc have blocked multiple Russian financial institutions from their network, complying with government sanctions imposed over Moscow's invasion of Ukraine

Ukraine war: Twitter to comply with EU sanctions on Russian state media

Facebook owner Meta, Alphabet Inc's Google, YouTube and TikTok have said they are blocking access to RT and Sputnik in the EU.

Biden plan to transform US economy now focused on cost-cutting

Biden used a word seven times that he never uttered during his last address to a joint session of Congress nearly a year ago: inflation

Ukraine war: Mexico declines to impose economic sanctions on Russia

Russia has built strong links to various governments in Latin America, especially authoritarian administrations in Cuba, Venezuela and Nicaragua, but its ties with Mexico are seen to be limited

Tokyo court to rule whether deputy helped former Nissan chief hide $80 mn

A Japanese court will deliver its verdict on former Nissan Motor director Kelly who is accused of helping the automaker's ousted chairman, Carlos Ghosn, hide $80 mn of income from financial regulators

Australian dollar finds the energy to hit a one-year peak on euro

The Australian dollar climb one-year high on the euro on Wednesday as investors were attracted by Australia's status as a net energy exporter and distance from Europe's troubles.

US stands firm behind its commitments: Biden's delegation to Taiwan

The United States stands firm behind its commitments to Taiwan and allies in the region, a delegation of former senior U.S. defence and security officials sent by President Joe Biden said on Wednesday

Putin 'has no idea what's coming': Biden sees dark endgame for Russian

Biden spoke to US Congress on the sixth day of Russia's invasion of its European neighbor.

US shuts its airspace to Russia as Ukrainian cities brace for attacks

The US closed its airspace to Russian planes as the Russian military attempted to encircle and subdue Ukrainian cities with intensifying bombardments on Wednesday, almost a week into the invasion