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Elon Musk sued for $258 billion over alleged Dogecoin pyramid scheme
June 17, 2022
Elon Musk (pix) was sued for US$258 billion (RM1.13 trillion) yesterday by a Dogecoin investor who accused him of running…
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US stocks close higher after Fed's key meeting
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Major indices on the US stock market closed higher on Wednesday after the Federal Reserve's key monetary policy meeting. The…
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Global trend of monetary tightening puts pressure on Bank of Japan
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Federal Reserve lowers US growth forecast, raises inflation estimate for 2022
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The Federal Reserve lowered its US economic growth forecast and raised its inflation estimate for 2022, according to…
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US Fed raises interest rates by 75 basis points, biggest hike in 28 years
June 16, 2022
The US Federal Reserve on Wednesday raised its benchmark interest rate by 75 basis points, marking its biggest rate hike…
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Biden urges oil companies to boost supply, criticizes high-profit margins
June 16, 2022
US President Joe Biden urged major oil companies to boost their supply against record gasoline prices and criticized their high-profit…
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UAE expected to steal UK's 'wealth hub crown' amid Russia-Ukraine war
June 15, 2022
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Russia restricts publication of budget figures
June 15, 2022
Russia's Finance Ministry announced Tuesday that the publication of budget data was restricted to protect the country from new Western…
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Military coup has crippled Myanmar's economy: UN rights chief
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Myanmar's military coup has crippled the country's economy, leaving people "trapped in a cycle of poverty, displacement, rights violations, and…
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OPEC keeps oil demand growth forecast stable for 2022
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The Organization of the Petroleum Exporting Countries (OPEC) on Tuesday kept its global oil demand growth estimates for 2022 stable…
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Oil prices up over tight supply worries
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Oil prices increased on Tuesday over tight supply concerns while demand side woes capped some of the gains as China…
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G20 economic growth slows to 0.7% in Q1, says OECD
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Group of Twenty (G20) nations saw their cumulative GDP growth rate slowing to 0.7% in the first quarter of 2022,…
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