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20241 articles published since 08 Mar 2022

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Osaka Expo 'Grand Ring' a symbol of unity: architect
Osaka Expo 'Grand Ring' a symbol of unity: architect
Economy

A towering wooden "Grand Ring" built for Expo 2025 in Osaka pays homage to Japan's architectural history and is a symbol of unity despite criticism over costs, its creator says. So the Expo is also a "wonderful occasion to show that Japan has a long history" of wooden buildings, Fujimoto said.

End of Russian gas via Ukraine sparks unease in eastern Europe
End of Russian gas via Ukraine sparks unease in eastern Europe
Economy

Ukraine's decision to turn off the taps keeping Russian gas flowing via its territory to Europe has already sown trouble in the continent's east, with Moldova declaring a state of emergency and Slovakia threatening Kyiv with retaliation. Almost a third of the Russian gas sold to Europe is transported via Kyiv's territory, said Phuc-Vinh Nguyen, head of the Jacques Delors Institute's Energy Centre.

£1.5 mn reward offered after 'brazen' London gem raid
£1.5 mn reward offered after 'brazen' London gem raid
Economy

Victims of a £10 million ($12.5 million) London jewellery raid have offered rewards of up to £1.5 million to help recover the gems and catch the thief. "The suspect has stolen £10.4 million worth of jewellery, much of which is sentimental and unique in its design, and therefore easily identifiable," he added.

Global markets rode AI, interest rate roller coaster in 2024
Global markets rode AI, interest rate roller coaster in 2024
Economy

Despite political upheavals, stock markets and bitcoin smashed records in 2024, fuelled by investor enthusiasm for AI, falling interest rates, and hopes of tax cuts. Investors as well as central banks were anxious about the pace of interest rate cuts: Not too fast to reignite inflation but not so slow activity falls.

Asian stocks dip as Santa snubs Wall Street
Asian stocks dip as Santa snubs Wall Street
Economy

Asian stocks ended the year in the red on Tuesday after worries about 2025 and profit-taking turned Wall Street's usual holiday-period "Santa Claus rally" into a mini-rout. Tokyo was shut on Tuesday, with the Nikkei 225 posting on Monday its best year-end close since Japan's asset bubble burst in the 1990s.

Venezuela fines TikTok $10 million over viral challenge deaths
Venezuela fines TikTok $10 million over viral challenge deaths
Economy

Venezuela's highest court on Monday fined TikTok $10 million in connection with viral challenges that authorities say left three adolescents dead from intoxication by chemical substances. According to Venezuelan authorities, three adolescents died and 200 were intoxicated in schools across the country after ingesting chemical substances as part of social media "challenges."

Indian workers replace Palestinians in Israel's building sector
Indian workers replace Palestinians in Israel's building sector
Economy

Wearing a safety belt, helmet and work boots, Raju Nishad navigates the scaffolding, hammering blocks that will form part of a building in a new neighbourhood in central Israel's town of Beer Yaakov. While he and other Indians working alongside him do not look out of place on the expansive construction site, they are relative newcomers to Israel's building industry.

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