Ukraine’s EU membership bid hangs in the balance as European leaders meet at crucial summit

MANCHESTER: While Manchester United’s involvement in European competition came to a crashing end yesterday with their 1-0 loss to Bayern Munich, embattled manager Erik ten...

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Biden warns Netanyahu risks losing support for Hamas war

WASHINGTON: US President Joe Biden warned Israeli Prime Minister Benjamin Netanyahu on Tuesday (Dec 12) that the country risked losing global support for its war...

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South Korea to provide $29 billion to support battery industry over 5 years

[caption id="attachment_19330" align="alignright" width="491"] [/caption] SEOUL : South Korea will provide 38 trillion won ($29 billion) in financing to strengthen its battery industry over the...

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Oil holds soft tone on oversupply concerns, markets await Fed

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BEIJING : Oil prices consolidated losses on Wednesday in Asian trade, after falling by more than 3 per cent to six-month lows in the previous...

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Exhausted Kyrgios says ‘I don’t want to play anymore’

SYDNEY: Nick Kyrgios says that “I don’t want to play anymore” but will give his tennis career another one or two years, days after pulling...

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Yen soars, Nikkei slides as rate hikes loom over Japan

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SINGAPORE : Japanese markets were reeling on Friday, with the Nikkei heading for its biggest weekly drop since October, bonds battered and the yen surging...

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Hunter Biden indicted on tax evasion charges

LOS ANGELES: Hunter Biden was indicted late yesterday on multiple counts of tax evasion, the second time this year President Joe Biden’s troubled son has...

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US has not given Israel firm deadline to end Gaza operation, says White House aide

WASHINGTON: The United States has not given Israel a firm deadline to end major combat operations against Hamas in Gaza, and if the war ended...

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Chinese developer Shimao trades flat after issuing plan to revamp offshore debt