Fallen crypto impresario Do Kwon has funneled tens of millions of dollars out of an entity linked to his failed blockchain project since he was arrested in late March, South Korean prosecutors alleged.
The African Union and a unit of Temasek Holdings Pte are considering backing a plan to develop as many as 123 new cities across Africa.
The UK is drawing up a war-risk insurance scheme that it hopes will convince investment companies as well as tech, energy and defense firms to back Ukraine’s reconstruction with billions in aid, people familiar with the plans said.
Germany is quietly dropping its goal of having one million electric-car charging stations on streets and at supermarkets by 2030 as it becomes clear that people prefer to power up at home.
UK opposition leader Keir Starmer will commit his Labour Party to boost domestic steel-making as he battles to get trade unions to get behind economic plans that are central to his pitch to voters.
Saudi Arabia’s plan to slash oil production by around 10% may hit its finances hard.
Investors must reassess their allocations to China amid rising geopolitical tensions with the US and a slowing economy, according to BlackRock Inc. Vice Chairman Philipp Hildebrand.
Recession fears have driven analysts to their most bearish on Indian information-technology sector bellwether Infosys Ltd. since uncertainties surrounding Brexit rocked the more than $200 billion sector six years ago.
Australia’s monthly trade surplus narrowed more than expected in April — while still remaining healthy — as exports of iron ore and other metals declined and imports advanced.
Millions of Americans woke up to apocalyptic, orange skies Wednesday as thick smoke from wildfires in Canada moved across the US Northeast, spawning air quality warnings from Massachusetts to Washington, DC.
