Biden bans Russian oil, warns of higher prices at US pumps.
WASHINGTON: President Joe Biden announced that the U.S. will ban all Russian oil imports. Toughening the toll on Russia’s economy in retaliation for its...
Reliance, Google to delay India smartphone launch
Reliance Industries which is an Indian conglomerate delayed the launch of a low-cost smartphone. Which they were developing with Google in November. They cited...
U.S. Senate Democrats float stock buyback tax.
To pay the $3.5 trillion bill, Biden and congressional Democrats have been pushed to raise taxes on wealthy and corporations. But those who represent...
Toyota, Honda oppose U.S. House electric vehicle tax plan
Toyota Motor Corp and Honda Motor Co criticized a proposal by Democrats in the US House Representatives. The proposal was to give an additional...
The first direct contact between Biden and the Chinese president.
The US president spoke to the Chinese president for the first time since taking office.
Washington / Beijing: US President Joe Biden has spoken over...
GLOBAL MARKETS-Worries over economic recovery shake world stocks, US$ pares gains
As the dollar pared gains on Wednesday, Wall street sank and European stocks suffered their worst one-day rout in three weeks over the pace...
Global Sukuk issuance to stop growing for the first time in five years –...
Moody’s said on Tuesday that higher crude prices have reduced the financing needs of oil-rich Gulf governments. Due to this, Global Sukuk issuance will...
Economic reform needs unorthodox ideas
Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Azizi said that the economic reform agenda has to look different and should consider the unorthodox...
Malaysia to increase efforts to address semiconductor backlog orders.
KUALA LUMPUR: Malaysia is trying its best to reduce the backlog of orders in the semiconductor industry over the past 12 months following the...
China offers 31 million in aid to the Afghanistan government.
BEIJING: China has offered a 31 million aid package to the Taliban government in Afghanistan.
According to the News Agency, China has offered a humanitarian...
