IBT Staff Reporter

World stocks rose on Monday in trade thinned by a U.S. holiday, benefiting from a recovery in oil prices as concerns about tight supply helped to balance recession fears.

A rebound in oil prices on concerns of tight supply gave world stocks a lift on Monday in a session hit by a U.S. holiday.

Malaysia's central bank will raise rates by 25 basis points on Wednesday, its first consecutive rise in more than a decade, to rein in inflation stemming in part from a weaker ringgit as the U.S.

Malaysia's central bank will raise rates by 25 basis points on Wednesday, its first consecutive rise in more than a decade, to rein in inflation stemming in part from a weaker ringgit as the U.S.

Fresh evacuation orders were issued for tens of thousands of Sydney residents on Monday after relentless rains triggered floods for the third time this year in some low-lying suburbs.

Protests in US after release of video of police killing Black man

A decade ago Indonesia earned the unwelcome label of being among the so-called "Fragile Five" emerging markets, economies highly vulnerable to capital outflows and a currency slump whenever global interest rates rise.

Poring over the ledger at her more than 230-year-old liquor shop in Kyoto, Yasuko Fujii has mixed feelings about the return of foreign tourists who would crowd the streets of Japan's ancient capital before the pandemic - and buy lots of whisky and wine.

From a $360 million project to expand Zambia's international airport in Lusaka to a $1.4 billion city port in Sri Lanka's capital of Colombo, China is the missing piece in the puzzle of a number of debt talks under way in developing markets.

Georgians rally en mass for EU, urge government to quit

Leaders of the Economic Community of West African States (ECOWAS) on Sunday lifted economic and financial sanctions imposed on Mali, after its military rulers proposed a 24-month transition to democracy and published a new electoral law.

Tsegaye Tadesse, a former Reuters correspondent in Ethiopia who had a front row seat to history and a knack for being in the right place at the right time, has died at 92.

Patient Pujara gives India the edge in England finale

Three killed in Copenhagen mall shooting, 22-year-old suspect arrested

Rescuers resume search after Italian glacier collapse kills six

Ninth seed Cameron Norrie kept the British flag flying at Wimbledon on Sunday by progressing to his maiden Grand Slam quarter-final with a commanding 6-4 7-5 6-4 victory over American Tommy Paul.

Video released on Sunday showed eight police officers in Akron, Ohio, were involved in a shooting that killed an unarmed Black man whose body was found with some 60 gunshot wounds after he fled a traffic stop last week.

The family of a Black man killed by police is bracing for the release of body camera video later on Sunday that their attorney says shows Akron, Ohio, police fired 90 times at Jayland Walker as he fled after a traffic stop.

Three people were killed and several more were wounded in a shooting at a shopping centre in Copenhagen on Sunday, Danish police said, adding they had arrested a 22-year-old Danish man and charged him with manslaughter.

Novak Djokovic admits he is a convert to Wimbledon's new middle Sunday play rule as the three-time defending champion aims at reaching the quarter-finals for the 13th time.

Italian Prime Minister Mario Draghi and the leader of the 5-Star Movement Giuseppe Conte will meet on Monday to try to resolve tensions which could bring down Draghi's 16-month old government.

Argentine President Alberto Fernandez named economist and government official Silvina Batakis as the new economy minister late on Sunday after the abrupt resignation of long-standing minister Martin Guzman amid crises and tensions.

Argentine President Alberto Fernandez held meetings and telephone calls on Sunday as he scrambled to find a new economy minister, official sources said, after the abrupt exit of ally Martin Guzman shook the country's center-left government.

The abrupt departure of Argentina's economy minister and lack of a clear successor could threaten to further destabilize an economy already shaken by sky-high inflation, rising energy costs and growing fears over possible new defaults on debt.

Canada is persisting with its fairly relaxed approach to regulating funds claiming environmental, social and governance (ESG) credentials despite recent allegations of "greenwashing" elsewhere that have spurred other regulators including the U.S.

Canada is persisting with its fairly relaxed approach to regulating funds claiming environmental, social and governance (ESG) credentials despite recent allegations of "greenwashing" elsewhere that have spurred other regulators including the U.S.

Australia's mining and energy export revenues are forecast to climb 3% to a record A$419 billion ($286 billion) in the year to June 2023, buoyed by surging coal and gas prices in the wake of Russia's invasion of Ukraine, the government said on Monday.

Health authorities across Canada have cut the hours of hospital emergency departments and urgent care clinics in recent weeks, a move that in some cases may extend through the summer, due to a surge in patients and staff shortages.

Uzbek president announces 'fatalities' during reforms unrest