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The Business Standard

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July 01, 2022

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FRIDAY, JULY 01, 2022

World+Biz | Africa | China | Europe | Middle East | South Asia | USA | Global Economy

U.S. one dollar banknotes are seen in this illustration taken February 8, 2021. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo
Stocks

Dollar gains with yen, Aussie drops as investors fret over recession risks

Wall Street saw selling overnight, setting the tone, after weaker-than-expected US consumer spending data stoked fears for an economic slowdown, driven by aggressive Federal Reserve policy tightening

File photo
Stocks

Some investors bet top growth stocks will thrive in US recession

An employee measures a newly manufactured ball mill machine at a factory in Nantong, Jiangsu province, China June 28, 2019. REUTERS/Stringer
Global Economy

Asia's factories feeble despite China bounce, feeds global recession fears

Indonesian President Joko Widodo attends a joint news briefing with Ukraine's President Volodymyr Zelenskiy, as Russia's attack on Ukraine continues, in Kyiv, Ukraine June 29, 2022. Ukrainian Presidential Press Service/Handout via REUTERS
Global Economy

Indonesia leader targets food crisis during Russia-Ukraine peace mission

Flags of China and Russia are displayed in this illustration picture taken March 24, 2022. REUTERS/Florence Lo/Illustration
World+Biz

China not giving material support for Russia's war in Ukraine -US official

US President Joe Biden speaks during a meeting in the South Court Auditorium on the White House complex, in Washington, US, March 18, 2022. REUTERS/Al Drago/File photo
USA

Biden supports F-16 sale to Turkey, is confident about congressional approval

A cyclist rides in the rain under Chinese and Hong Kong flags decorating a street, before the 25th anniversary of the former British colony's handover to Chinese rule, in Hong Kong, China June 30, 2022. REUTERS/Paul Yeung
China

Freedom has 'vanished', Taiwan says on Hong Kong anniversary

This image of a "Most Wanted" poster obtained from the FBI on June 30, 2022, shows Ruja Ignatova. - Ignatova, dubbed the "Crypto Queen." after she raised billions of dollars in a fraudulent virtual currency scheme was placed on the FBI's 10 most wanted fugitives list June 30, 2022. (Photo by Handout / FBI / AFP)
USA

US adds 'Cryptoqueen' to most-wanted list over alleged $4 billion fraud

Former North Korean defectors living in South Korea, release balloons containing one dollar banknotes, radios, CDs and leaflets denouncing the North Korean regime, towards the north near the demilitarized zone which separates the two Koreas in Paju, north of Seoul January 15, 2014. REUTERS/Kim Hong-Ji/File Photo
Coronavirus chronicle

North Korea blames 'alien things' near border with South for Covid outbreak

Hong Kong's new Chief Executive John Lee walks with China's President Xi Jinping following Xi's speech after a ceremony to inaugurate the city's new leader and government in Hong Kong, China, July 1, 2022, on the 25th anniversary of the city's handover from Britain to China. Selim Chtayti/Pool via REUTERS
China

China's Xi: No reason to change Hong Kong's 'one country, two systems' formula

China's President Xi Jinping looks on as Hong Kong's incoming Chief Executive John Lee is sworn in as the city's new leader, during a ceremony to inaugurate the city's new government, in Hong Kong, China July 1, 2022. Selim Chtayti/Pool via REUTERS
World+Biz

Hong Kong's new leader says rule of law is a fundamental value for city

International Monetary Fund logo is seen inside the headquarters at the end of the IMF/World Bank annual meetings in Washington, U.S., October 9, 2016. REUTERS/Yuri Gripas/File Photo
World+Biz

Some IMF staff work 'unduly influenced' despite strong safeguards

People wearing protective face masks commute amid concerns over the new coronavirus disease (COVID-19) in Pyongyang, North Korea March 30, 2020, in this photo released by Kyodo. Picture taken March 30, 2020. Mandatory credit Kyodo/via REUTERS
Coronavirus chronicle

S Korea says leaflets sent by defectors unlikely to be cause of Covid in N Korea

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Workers with minimum safety equipment are busy producing iron rods at a local re-rolling mill at Postogola in Old Dhaka. Reused metals from the adjacent shipyards in Keraniganj have played a major role in establishing several such mills in the area. PHOTO: Mumit M

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