World

At the APEC summit in Thailand, Asia-Pacific leaders united in condemning Russia's war in Ukraine, with most participants calling for an end to the conflict. The diplomatic gathering emphasized the economic impact of global security issues and reaffirmed commitment to sustainable growth and open trade.

The World Trade Organization (WTO) cautions that several key economies face a serious recession risk due to the Ukraine crisis, rising food and energy prices, and global economic instability. WTO Director-General Ngozi Okonjo-Iweala highlights the potential impact on developing nations and calls for international cooperation.

Indonesia implements significant fuel price hike, increasing gasoline from 51 to 67 cents per liter and diesel from 35 to 46 cents, marking first price increase in eight years and prompting long lines at gas stations nationwide.

EcoWorld Development Group has signed an MoU with Public Bank to provide special end-financing packages for green-certified properties. The Green 5Home and Green Swift Plans offer preferential pricing and fast approval for residential and commercial properties with sustainability certifications.

Asian stock markets show mixed performance before critical US jobs report. Investors anticipate Federal Reserve's potential interest rate strategy based on employment figures. Shanghai and Seoul advance while Tokyo and Hong Kong retreat, with oil prices rising as market awaits economic indicators.[100 words]

Standard Chartered Malaysia introduces SmartStocks, a revolutionary online trading platform allowing investors to access 12 exchanges across seven global markets. The innovative service addresses retail investors' challenges by offering convenient, low-cost trading options with a single brokerage account.

KUALA LUMPUR: Malaysia has attracted RM123.3 billion (US$28.0 billion) worth of approved investments in the manufacturing, services, and primary sectors involving 1,714 projects from...

Arizona Governor Doug Ducey celebrated Taiwan's significant $12 billion semiconductor investment during a meeting with President Tsai Ing-wen. The investment underscores Taiwan's critical role in global chip production and highlights the ongoing technological competition between the United States and China.

The International Monetary Fund has agreed to provide Sri Lanka with $2.9 billion in financial assistance to help the country recover from its severe economic crisis. The package is contingent on approval from IMF management and assurances from key creditors like China, India, and Japan regarding debt sustainability.

President Joe Biden approved an $800 million military assistance package for Ukraine, providing helicopters, artillery, armored vehicles, and specialized defense equipment in preparation for an expected Russian assault in eastern Ukraine.