World

Visa Inc’s revenue growth continued to wind back to pre-pandemic levels in the first quarter as the post-lockdown travel craze ebbed and consumer spending slowed in a tough economy. The world’s largest payments processor still surpassed Wall Street targets for profit, sending its shares up 1.4% to $227.82 in after-hours …

The U.S. economy grew faster than expected in the fourth quarter, but that likely exaggerates the nation’s health as a measure of domestic demand rose at its slowest pace in 2-1/2 years, reflecting the impact of higher borrowing costs. The Commerce Department’s advance fourth-quarter gross domestic product report on Thursday …

Tan Son Nhat International Airport, Vietnam’s busiest airport in HCMC, welcomed nearly 145,000 passengers Thursday, the final day of the seven-day Tet break, marking its highest single-day number ever. Of these, nearly 56,000 passengers departed from HCMC while the rest (89,000) were returning from other localities, according to data from …

Gyalwang Drukpa, head of the Drukpa Lineage of Vajrayana Buddhism, arrived in Hanoi on Thursday to begin his two-week spring visit, marking his return after a four-years absence due to the impact of Covid. He will chair a three-day spring festival at the Great Stupa Mandala Tay Thien in Vinh …

In 1994, Nguyen Van Tri lost his job as a worker when the factory that he had worked at for 18 years downsized. Today, Tri is the proud owner of Lap Phuc Co. which specializes in precision mold making. The company currently enjoys an export turnover of $4 million per …

Critically ill Covid-19 cases in China are down 72% from a peak early this month while daily deaths among Covid-19 patients in hospitals have dropped 79% from their peak, the Center for Disease Control and Prevention said on Wednesday. The figures, published on the center’s website, come after a prominent …

South Korea’s economy contracted in the final quarter of 2022 for the first time in 2-1/2 years, as a post-pandemic spending spree faded and global trade tumbled, central bank estimates showed on Thursday. Gross domestic product (GDP) shrank 0.4% in the October-December period from the previous quarter, the Bank of …

An immigrant farm worker accused of shooting seven people to death near San Francisco, some of them his co-workers, made his first court appearance on Wednesday after he was charged with murder in California’s second deadly gun rampage in recent days. Chunli Zhao, 66, the lone suspect in Monday’s massacre …

The world’s biggest gambling hub Macau has seen tens of thousands of tourists stream daily into its casinos and picturesque cobbled streets over the Chinese New Year holiday, a stark contrast to the dearth of visitors since 2020. Macau has seen a resurgence of tourists from mainland China since Jan …

Natural disasters, many driven by climate change, caused global economic losses of $313 billion in 2022, insurance broker Aon estimated on Wednesday, of which less than half was insured. Losses from natural catastrophes covered by the insurance sector amounted to $132 billion, 57% above the 21st-century average, it added, leaving …