SEOUL: The party of outgoing South Korea President Moon Jae-in scrambled to regroup today as its leadership resigned in en masse after its devastating election defeat, but still holds enough seats to potentially thwart the new president’s agenda. Conservative opposition candidate Yoon Suk-yeol, a former prosecutor-general and political novice, won […]
Month: March 2022
The United States has condemned reports that Moscow may seize the assets of businesses which have stopped operating in Russia over the invasion of Ukraine. White House press secretary Jen Psaki warned that such a move will result in “more economic pain”. Her comments come as the US Congress passed […]
LONDON: One month after escaping the Premier League’s bottom three for the first time all season, Newcastle United could move 10 points clear of the drop zone with victory at Southampton tomorrow. It is an astonishing transformation under Eddie Howe, so much so that Newcastle’s form over the last eight […]
“My heart goes to all the women bracing the horror of war, protecting their children, caring for the wounded, sacrificing for their countries, their communities, their families,” Georgieva said. The war in Ukraine has worsened a difficult period for women, who have seen major economic and social setbacks prompted by […]
Volunteers handed out 100,000 flowers to Moscow’s female residents, including bouquets of tulips to female drivers of buses and trams, the RIA Novosti agency reported. Russian President Vladimir Putin thanked female military personnel and healthcare workers in a video message on International Women’s Day, Tass news agency reported on Tuesday. […]
TikTok and Netflix are suspending their services in the country. Facebook has been blocked. Twitter has been partially blocked and YouTube’s future is in doubt. Even as President Vladimir Putin tightened his grip on Russian society over the past 22 years, small pockets of independent information and political expression remained […]
Andrew Shearer, director general of the Office of National Intelligence, said China’s President Xi Jinping appears to be planning to dominate the Indo-Pacific region and use it as a base to overtake the United States as the world’s leading power. A “troubling new strategic convergence” between Beijing and Moscow has […]
Oil has surged on worries global supplies will be disrupted because Russia is one of the world’s largest energy producers. Stocks yo-yoed, oil prices climbed and the price of nickel surged so much that trading for it was shut on Tuesday, as the US banned imports of oil from Russia […]
MUMBAI: India’s National Stock Exchange (NSE) said on Monday two key indexes were now operating normally after they earlier stopped updating “intermittently” – a glitch that came amid sharp drops in Indian shares. The country’s biggest bourse had flagged problems with the blue-chip NSE Nifty 50 index and Nifty’s bank […]
BEIJING/SHANGHAI : China’s foreign exchange regulator surveyed banks last week, asking about their business ties with Russia and risk management processes in a bid to gauge spillover effects on China from the West’s tough sanctions against Moscow, seven banking and policy sources told Reuters. The State Administration of Foreign Exchange […]