World

The dollar index vaulted to a 20-year high on Thursday, and notched a 24-year peak against the rate-sensitive Japanese yen, after U.S. data showed a resilient economy, giving the Federal Reserve more room to aggressively hike interest rates to quell inflation. The U.S. currency firmed after a government report showed …

South Korea’s main inflation rate slowed in August for the first time in seven months and came in below forecasts, but details of the price data released on Friday reinforced views inflation would stay elevated for a while. The Statistics Korea data showed the consumer price index (CPI) rose 5.7% …

Just as inflation ravages the big guns of U.S. apparel retail, awash in high inventory and deep discounts to lure shoppers back to stores, Japan’s Uniqlo is set for its best year ever in North America after a Covid-imposed revolution in its business model. Retailers from Gap to Kohl’s are …

The European Commission is looking into options to cap energy prices and cut electricity demand as part of its upcoming proposals to tackle soaring energy costs, a senior European Commission official said on Thursday. Russia has slashed gas deliveries to Europe since Moscow attacked Ukraine, which has sent gas prices …

Van Don – Mong Cai Expressway, a section of a 176-km route linking Ha Long Bay with the Chinese border at Mong Cai, opens to traffic Thursday. The expressway, which runs more than 80 kilometers (50 miles) across northern Quang Ninh Province, connecting Van Don Economic Zone and Mong Cai …

A Malaysian court on Thursday found Rosmah Mansor, the wife of former prime minister Najib Razak, guilty of seeking and receiving bribes in exchange for government contracts, just days after her husband was jailed for corruption. Kuala Lumpur High Court Judge Mohamed Zaini Mazlan said the prosecution proved their case …

Van Don – Mong Cai Expressway that connects Van Don Economic Zone and Mong Cai Town bordering China enters service on 3 p.m. Thursday. The expressway, which runs more than 80 kilometers (50 miles) across northern Quang Ninh Province, will be open for free in one month. It connects with …

A hit Netflix K-drama about a high-functioning autistic lawyer is prompting soul-searching in South Korea, where some on the spectrum say they can feel invisible. The endearing “Extraordinary Attorney Woo”, featuring a neurodivergent attorney, has been Netflix’s most-watched non-English show for over a month, following a path blazed by fellow …

Police in Cambodia are holding five Vietnamese nationals who they suspect are trafficking victims though the latter have denied they were being held. They found them during a raid on a location in Village 4, Sangkat 4 Area, Sihanoukville, on Tuesday. The raid followed a call received by their anti-trafficking …

United Nations inspectors in Ukraine were due on Thursday to visit a Russian-occupied nuclear power plant, Europe’s largest, where nearby shelling has prompted bitter recriminations and global fears of disaster. The International Atomic Energy Agency (IAEA) mission arrived in the southern city of Zaporizhzhia, 55 km (34 miles) away from …