Bangladesh’s sovereign rating outlook was cut by Fitch Ratings to negative from stable as declining reserves and a squeeze in dollar liquidity increased the South Asian nation’s vulnerability to shocks.
Japan’s world-beating stock rally should continue to fuel sales in both its primary and secondary equity markets through next year, according to BofA Securities Japan Co.
Tom Conway, who was president of the United Steelworkers union since 2019, has died at the age of 71.
The White House on Monday condemned a Molotov cocktail attack on the Cuban Embassy in Washington the previous night.
It could be the start of “a long-term trend of decline” in the ice due to climate change, according to the National Snow and Ice Data Center in the US.
High rice prices, which have been fueled recently by India’s export ban, bring the risk of political instability in Asia and Africa, according to the head of a United Nations agency.
JPMorgan Chase CEO Jamie Dimon said “the optimism on India is actually completely justified,” in an interview with CNBC-TV18, citing moves the country has made in recent years to boost baseline capabilities, like increasing the number of people with bank accounts, boosting infrastructure, simplifying the country’s tax system and trying to open up more for foreign direct investment.
Qantas Airways Ltd. was hit with its first sell rating in a year, a rare rebuke from a largely-loyal analyst community as concern mounts about the cost of repairing the airline’s bruised reputation.
Bermuda is working to restore public services that were halted after last week’s “sophisticated and deliberate” cyberattack on its government systems, the island’s premier, E. David Burt, said on Monday.
China’s property market could take as long as a year to recover, according to a former central bank adviser, who’s urging Beijing to do more to encourage lending to developers to halt the spread of defaults.
