World

Federal Reserve Chair Jerome Powell vowed on Wednesday that he and his fellow policymakers would “keep at” their battle to beat down inflation, as the U.S. central bank hiked interest rates by three-quarters of a percentage point for a third straight time and signaled that borrowing costs would keep rising …

Malaysian authorities have rescued 15 victims of suspected cybercrime rackets in Cambodia, its foreign ministry said, as the government steps up efforts to help hundreds of its citizens trapped by similar operations across Southeast Asia. The rescue of the victims, who arrived in Kuala Lumpur on Tuesday, comes amid raids …

The U.S. Justice Department can resume reviewing classified records seized by the FBI from former President Donald Trump’s Florida home pending appeal, a federal appellate court ruled on Wednesday, giving a boost to the criminal investigation into whether the records were mishandled or compromised. The Atlanta-based 11th U.S. Circuit Court …

HCMC is among the fastest sinking cities in the world, subsiding by 16.2 mm annually, with groundwater extraction and high-rise buildings to blame, a study has found. The study, led by Singapore’s Nanyang Technological University, noted that with sea levels rising as ice sheets melt, land subsidence would worsen this …

Russia has released 215 Ukrainians it took prisoner after a protracted battle for the port city of Mariupol earlier this year, including top military leaders, a senior official in Kyiv said on Wednesday. The freed prisoners include the commander and deputy commander of the Azov battalion that did much of …

South Korean President Yoon Suk-yeol and Japanese Prime Minister Fumio Kishida held the first one-on-one talks between their countries’ leaders since 2019 on Wednesday and agreed on the need to improve relations by resolving issues of dispute. The meeting took place in New York on the sidelines of the U.N. …

Russian President Vladimir Putin on Wednesday called up 300,000 reservists to fight in Ukraine and said Moscow would respond with the might of all its vast arsenal if the West pursued what he called its “nuclear blackmail” over the conflict there. It was Russia’s first such mobilisation since World War …

Stocks fell, while safe havens such as government bonds and the dollar rose, as anxious investors fled risk assets after Russian President Vladimir Putin on Wednesday ordered a mobilisation over Ukraine and accused the West of “nuclear blackmail”. European currencies came under fire, with the euro dropping 0.4% to $0.9932 …

While leaving a traffic police office in HCMC Wednesday, the driver of a five-seat car plowed into a fire hydrant before crashing into a wall and hitting five motorbikes. The 35-year-old man drove the car out of an office of An Suong Traffic Police Division in District 12 at around …

The Federal Reserve is expected on Wednesday to lift interest rates by three-quarters of a percentage point for a third straight time and signal how much further and how fast borrowing costs may need to rise to tame a potentially corrosive outbreak of inflation. The policy decision, due to be …