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Absence of 1MDB Debt Payment Lets Malaysia Lower 2024 Budget Gap
Absence of 1MDB Debt Payment Lets Malaysia Lower 2024 Budget Gap
Malaysia’s government plans to reduce its budget deficit in 2024 through a combination of spending cuts, new taxes
1970-01-01 08:00
Indonesian Tycoon Is Said to Weigh Selling Gold Miner Archi
Indonesian Tycoon Is Said to Weigh Selling Gold Miner Archi
PT Rajawali Corp., an Indonesian conglomerate owned by tycoon Peter Sondakh, is considering selling its controlling interest in
1970-01-01 08:00
Toyota, Idemitsu to Mass-Produce Solid-State Batteries
Toyota, Idemitsu to Mass-Produce Solid-State Batteries
Toyota Motor Corp. and Idemitsu Kosan Co. are jointly developing the technology and manufacturing facilities needed to mass-produce
1970-01-01 08:00
Ukraine holds out as Russia steps up relentless assault on Avdiivka: ‘The enemy does not stop’
Ukraine holds out as Russia steps up relentless assault on Avdiivka: ‘The enemy does not stop’
The Ukrainian military continues to hold its ground in the face of Russia’s relentless assault on the eastern city of Avdiivka, Volodymyr Zelensky, as the battle intensified for a third day. Russia has moved a large armoured column of three battalions, including some 2,000 troops, dozens of armoured vehicles and jets into the northern flank of the Avdiivka front for what has been described as the biggest military offensive in months. The Ukrainian forces said they repelled more than 20 attacks by the Russian army in Avdiivka and the surrounding regions in the past 24 hours, in what was described as a blow to Moscow’s attempts to use the offensive to show the tide of the war turning in its favour. Mr Zelensky said: “Avdiivka. We are holding our ground. It is Ukrainian courage and unity that will determine how this war will end. We must all remember this.” Municipal officials said the Russian attacks were relentless and the enemy was attacking from all sides. Vitaliy Barabash, head of the city military administration, told Ukrainian television: "The enemy does not stop storming, they come from all directions." Ukrainian Special Operations Forces said Kyiv’s troops had "foiled the plans of the crazed enemy, repelled all attacks and held their positions". Avdiivka holds significant strategic importance for Russia, serving as the crucial gateway to Donetsk, the primary communication hub within the occupied territories. To gain a foothold in occupied Donbas, the Kremlin aims to shift the front line away from Donetsk. In 2022, Russian forces initiated an offensive against Avdiivka, attempting to encircle the city deeply from both sides. This offensive was halted and the region has become a symbol of resistance, holding out against Russian troops ever since. "On average, there are 50-60 instances of intense shelling with artillery and rockets targeting the town," said Mr Barabash. "As for military positions, they get hit at least 500-600 times a day." Oleksandr Shtupun, a spokesperson for Ukraine’s southern group of forces, said Russia saw Avdiivka as an opportunity to win a significant victory and "turn the tide of fighting". "Today the capture or encirclement of Avdiivka is probably the most it can achieve at this stage," he said. Geolocated footage of the area showed Russia had advanced in some villages southwest and northwest of Avdiivka this week, according to the Institute for the Study of War (ISW), an American non-profit research group and think-tank. Around 64 clashes have been reported in the last 24 hours involving 4 missile attacks, 65 airstrikes and around 54 attacks using multiple launch rocket systems on Ukrainian troops and various settlements, the general staff of the Armed Forces of Ukraine said in an update on Facebook. In the latest overnight attacks, Russia intensified strikes on Danube River ports in the southern Odesa region that have become Kyiv’s main route for food exports since Moscow quit a deal allowing shipments via the Black Sea in July. A military spokesperson said Russia had hit a grain storage facility in the Odesa region and some grain had been damaged but did not say how much. It comes amid fears that Moscow will intensify attacks on power infrastructure to freeze Ukrainians as winter sets in in the repeat of events from last winter. Read More IOC bans Russian Olympic Committee for including annexed Ukraine territories French police probe ‘poisoning’ of TV journalist who denounced Putin’s war live on air Ukraine-Russia war – live: IOC bans Russian Olympic Committee for including annexed territories The Body in the Woods | An Independent TV Original Documentary The harrowing discovery at centre of The Independent’s new documentary
1970-01-01 08:00
Shelved Junk Debt Sales Signal a Tough and Pricey Market
Shelved Junk Debt Sales Signal a Tough and Pricey Market
A handful of European companies have stepped away from their plans to sell junk debt recently, underscoring the
1970-01-01 08:00
Swedish Inflation Persists, Paving Way for More Tightening
Swedish Inflation Persists, Paving Way for More Tightening
Sweden’s core inflation rate declined less than expected in September, adding to arguments in favor of a final
1970-01-01 08:00
Billionaire Jim Ratcliffe Leads Race to Invest in Manchester United
Billionaire Jim Ratcliffe Leads Race to Invest in Manchester United
Jim Ratcliffe is emerging as the frontrunner to buy into English football giants Manchester United Plc, people with
1970-01-01 08:00
China’s Export Slump Eases as Beijing Tries to Boost Outlook
China’s Export Slump Eases as Beijing Tries to Boost Outlook
The drop in China’s exports moderated further in September, adding to cautious optimism that some parts of the
1970-01-01 08:00
Singapore’s RV Capital Plans Foray Into Private Credit in India
Singapore’s RV Capital Plans Foray Into Private Credit in India
RV Capital Management Pvt.’s India unit plans to raise 8 billion rupees ($96.1 million) through its first India
1970-01-01 08:00
India Far From Replacing China as Global Growth Engine, HSBC Says
India Far From Replacing China as Global Growth Engine, HSBC Says
Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic
1970-01-01 08:00
Skyrocketing Onion Prices Drive Up South African Barbecue Index
Skyrocketing Onion Prices Drive Up South African Barbecue Index
Celeste Moyanga, who sells barbecued chicken feet from her stall on a Johannesburg sidewalk, has resorted to buying
1970-01-01 08:00
Funding Women and Child Health Key to African Equity, GFF Says
Funding Women and Child Health Key to African Equity, GFF Says
As lower-income countries grapple with declines in maternal and child well-being, the Global Financing Facility plans to secure
1970-01-01 08:00
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