February2024

Shares in Japanese lender Aozora Bank plunged for a second straight day Friday wiping hundreds of billions of dollars off its market value after the firm forecast a full-year net loss because of bad property loans...

On Thursday, the head of Hamas was scheduled to visit Cairo to discuss a possible cease-fire in Gaza, while Israel continued its offensive within the besieged Palestinian territory. After mediators convened in Paris, with international efforts...

According to the US military, on Wednesday, three Iranian drones and an anti-ship missile fired by the Huthis in Yemen were shot down by an American naval vessel. In addition, the US Central Command (CENTCOM) had...

A report released on Wednesday claims that over 5 billion people, or around 62.3 percent of the world’s population, use social media regularly. In comparison to the global population growth of 0.9 percent, the number increased...

Managing Director Kristalina Georgieva stated on Thursday that the IMF believes that reducing interest rates too soon poses a bigger danger to the world economy than moving “slightly” too late. In an effort to reinflate the...

Volvo Cars said on Thursday it would stop funding Polestar Automotive Holding and was handing responsibility for the struggling luxury car brand over to Volvo’s top shareholder China’s Geely Holding.The announcement sent the Swedish automaker’s stock...

The number of active social media users has risen to more than 5 billion, or about 62.3 percent of humanity, according to a study published Wednesday. The number rose 5.6 percent last year, outpacing the 0.9...

Toyota and its subsidiaries sold 11.2 million vehicles in 2023, a new global record for annual sales, the Japanese automaker said Tuesday. The figure cements the company’s position as the world’s top-selling automaker for the fourth...

China overtook Japan as the world’s biggest vehicle exporter last year, data from the Japan Automobile Manufacturers Association (JAMA) showed Wednesday. Japan shipped 4.42 million vehicles in 2023, the figures showed. That compared with 4.91 million...

The Philippines economy grew slightly quicker than expected last year, data showed Wednesday, even as it was hit by high food prices and weakness in overseas markets. The 5.6 percent expansion was well down from the...