Putin may meet U.S. envoy Witkoff this week during Ukraine talks
On Monday, the Kremlin announced that Russian President Vladimir Putin may meet U.S. envoy Steve Witkoff this week as part of ongoing efforts to media...
Foreign investors continue to retreat from Japan's long-term bonds for a fourth week, amid inflation and fiscal uncertainty, while stock markets remain a bright spot.
Japan's long-term bonds saw net outflows of 334.4 billion yen ($2.3 billion) from foreign investors in the week ending May 24, marking the fourth consecutive week of selling. Concerns over rising inflation, interest rates, and fiscal stability have triggered a broader exit from long-term debt markets globally. Japan’s short-term bills also faced significant withdrawals, with 2.41 trillion yen pulled—the largest since December 2024.
As yields on 30- and 40-year bonds surge to record highs and auction demand falters, Japan's finance officials are now considering shifting bond issuance toward shorter-term instruments. Despite the bond sell-off, foreign appetite for Japanese equities remains strong, with 309.3 billion yen worth of shares purchased during the week.
In contrast, Japanese investors reduced foreign bond purchases to just 92 billion yen—down sharply from the previous week—and sold 42.7 billion yen in short-term bills. They were also net sellers of foreign equities for the second week, offloading 524.7 billion yen.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
China and the Association of Southeast Asian Nations will send an upgraded ‘version 3.0’ free-trade agreement to their heads of government for approval in October, Chinese Foreign Minister Wang Yi said on Saturday after regional talks in Kuala Lumpur.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
OPEC+ will increase oil production by 547,000 barrels per day in September after eight members of the organisation held a brief virtual meeting on Sunday. They said the company will continue to accelerate its output hikes to regain market share.
McDonald's plans to significantly expand its investments in artificial intelligence by 2027, with India expected to play a central role in data governance, engineering, and platform development, a senior executive said on Friday.
U.S. President Donald Trump has sharply criticised Federal Reserve Chair Jerome Powell following the central bank’s decision to keep interest rates unchanged.
Microsoft’s market capitalization surpassed $4 trillion in after-hours trading on Wednesday following a stronger-than-expected earnings report for its fiscal fourth quarter, driven by robust growth in its cloud business.
The European Commission has said it does not view imposing network fees on major technology firms as a practical solution to the ongoing debate over funding the expansion of 5G and broadband infrastructure across the bloc.
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