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VIENTIANE (Vientiane Times/Asia News Network) Huawei's 12th annual Global Mobile Broadband Forum (MBBF) kicked off in Dubai on Friday (Oct 15) with a keynote from the company's rotating chairman, Ken Hu.
NEW YORK: Oil prices settled at a three-year high above US$85 a barrel on Friday, boosted by forecasts of a supply deficit in the next few months as the easing of coronavirus-related travel restrictions spurs demand.
Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Friday (Oct 15)
Emerging Markets: Bank Indonesia to hold rates until late 2022 as Thai baht emerge as top weekly earner
Most Asian currencies gained against the US dollar this week, as the greenback was headed for its first weekly loss in five after an improvement in risk appetite put a brake on the safe-haven currency's rally.
BERLIN (Reuters) -The leader of Germany's centre-left Social Democrats (SPD), Olaf Scholz, took a major step towards succeeding Angela Merkel as chancellor on Friday, announcing that he and the leaders of two smaller parties aimed to move into formal coalition talks.
Coronavirus outbreaks, poor vaccine access, weak policy pushes IMF to downgrade global economic outlook
“Faultlines” in global economies caused by the coronavirus pandemic have persisted and recoveries have been “hobbled” by Delta variant outbreaks, the International Monetary Fund (IMF) said as it cut its worldwide growth forecast for the year.
MELBOURNE: Oil prices climbed on Friday, heading for gains of more than 3% for the week, on increasing signs of robust demand and tighter supplies over the next few months as rocketing gas and coal prices stoke a switch to oil products.
China's economic growth is expected to have slowed further in the third quarter, according to an AFP poll of analysts, with a mounting energy crisis and property market tremors casting a pall as the country's post-Covid recovery lost steam.