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World faces a turning point, Ukraine's Zelenskiy warns leaders at Davos
DAVOS, Switzerland (Reuters) -Ukrainian President Volodymyr Zelenskiy told global business leaders meeting at Davos on Monday that the world faces a turning point and has to ratchet up sanctions against Russia as a warning to other countries considering using brute force.
Asean News Headlines at 9pm on Monday (May 23, 2022)
Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Monday (May 23, 2022)
Thailand aiming to keep inflation under 5% this year, says PM Prayut
Thailand will try to keep inflation below 5% this year, its prime minister said on Monday, amid surging fuel prices and a fragile economic recovery.
Earnings pitfall awaits Meituan, Alibaba stock buyers as China lockdown blunts spending
Investors rushing back into Chinese technology stocks on recent market upgrades face a pitfall in the form of weak corporate earnings. The latest results from Tencent Holdings and JD.com show it may still be a falling-knife market.
Does the Commonwealth have a future after Queen Elizabeth?
LONDON (Reuters) - As Queen Elizabeth celebrates her 70th year on the throne, there are questions about whether the Commonwealth of Nations, which she was instrumental in creating and remains one of her proudest achievements, has a future when her reign is over.
Soccer-Spartak Moscow axes second-tier club, citing financial problems
(Reuters) - Russian Premier League club Spartak Moscow said on Monday it was dismantling its second-tier team, citing financial difficulties.
Ericsson, Deutsche Telekom harness wind power for mobile masts as energy costs soar
(Reuters) - Ericsson and Deutsche Telekom are harnessing the power of the wind and the sun at an energy-hungry 5G mobile site in Germany in an effort to guard against soaring electricity costs.
Emerging markets: Bank Indonesia's policy meeting on Tuesday awaited as Asian FX edges higher as dollar weakens
Asian currencies overcame early market pressure to edge higher against a tepid US dollar on Monday, while the Singaporean dollar rose to a 2-1/2-week high after data showed the city-state witnessed its fastest rise in core inflation in a decade.
Oil firms on tight supply as US driving season looms
Oil prices gained on Monday with United States. fuel demand, tight supply and a slightly weaker US dollar supporting the market, as Shanghai prepares to reopen after a two-month lockdown fuelled worries about a sharp slowdown in growth.
Alibaba, Kuaishou pace Hong Kong stock losses on tech earnings outlook while Beijing faces tighter Covid rules
Hong Kong stocks fell from a two-week high amid concerns about earnings slippage on Covid-19 lockdowns as XPeng, Kuaishou and Alibaba Group Holding prepare to issue their report cards this week. Beijing also stoked concerns about tighter social mobility controls.