IBT Staff Reporter

China's Tianqi Lithium Corp will sell its shares for between HK$69 and HK$82 ($8.79-$10.45) each for a Hong Kong listing which could raise up to $2 billion, said two sources with direct knowledge of the matter.

NATO invited Sweden and Finland on Wednesday to join the military alliance in one of the biggest shifts in European security in decades after Russia's invasion of Ukraine pushed Helsinki and Stockholm to drop their traditional of neutrality.

Sweden and Finland on Wednesday looked set for fast-track membership of NATO after Turkey lifted a veto on them joining, at a summit where the U.S.-led alliance is due to adopt a broad strategy focused on Russian and China for the next decade.

The Bank of Japan (BOJ) may need to adjust its ultra-easy policy if inflation keeps exceeding its forecast, such as by replacing its yield cap with a looser reference range for long-term interest rates, a former central bank executive said on Wednesday.

Britain's economy is struggling under the strain of two major risks in the form of double-digit inflation and a possible recession, leaving the Bank of England in a dilemma about how much further it should raise interest rates.

European shares fell on Wednesday, as fears about a global recession deepened after chiefs of the European Central Bank and U.S.

European shares fell on Wednesday, as fears about a global recession overshadowed recent optimism about China reopening after months-long lockdowns, with investors looking ahead to a meeting of major central bank heads for clues on policy outlook.

Restaurants and eateries in China's largest city Shanghai begun reopening their doors to diners on Wednesday, bringing widespread relief to an industry that was badly hit by the city's two month COVID-19 lockdown.

Mozambique still haunted by civil war as new conflict rages

Doctors and bankers were among hundreds of Sri Lankans who marched on Wednesday to demand the government resolve a severe fuel shortage at the heart of the Indian Ocean island's worst economic crisis in decades or step down.

Doctors and bankers were among the hundreds of Sri Lankans who marched on Wednesday to demand that the government resolve a severe fuel shortage at the heart of the worst economic crisis in decades or step down.

Far-flung Hong Kong diaspora linked by 'shared destiny'

It's a hard habit to break.You'd be forgiven for thinking the worst two-quarter period for stock markets since 2009 had investors running for the hills - but you'd be wrong.

Activist investors intent on shaking up Corporate America may be getting cold feet as new data points to a slowdown of campaigns as markets gyrate amid fears of faster rate hikes, runaway inflation and geopolitical turmoil.

Journalists from more than seven organisations, including Reuters, have been blocked from covering official ceremonies to mark the 25th anniversary of Hong Kong's handover from British to Chinese rule that President Xi Jinping is due to attend.

Japan braced on Wednesday for its hottest day yet of a record-breaking heatwave, as Prime Minister Fumio Kishida called for a ramp-up of nuclear power use amid fears of a shortage of electricity to keep air conditioners whirring.

Japan braced on Wednesday for its hottest day yet of a record-breaking June heatwave as fears grew about a shortage of electricity to keep air conditioners whirring and Prime Minister Fumio Kishida called for a ramp-up of nuclear power use.

Norway must do more to prepare for a decline in its dominant oil and gas industry in the coming decades as other nations start to free themselves from petroleum dependence, the International Energy Agency (IEA) says in a new report.

Hong Kong's blurring border with China a sign of things to come

European Central Bank policymakers are weighing up whether or not they should announce the size and duration of their upcoming bond-buying scheme, designed to curb financing costs for Italy and other debt-laden countries, sources told Reuters.

Japanese chipmaker Renesas Electronics Corp and India's Tata Motors have formed a strategic partnership to design, develop and make semiconductor solutions, the firms said on Wednesday.

The cost of buying insurance protection against mass shootings has spiked more than 10% in the United States this year following a string of deadly events, insurers said.

The cost of buying insurance protection against mass shootings has spiked more than 10% in the United States this year following a string of deadly events, insurers said.

Hong Kong economy faces uncertain future 25 years after handover

Israel parliament dissolves, sets fifth election in less than four years

Aeromexico said on Tuesday that a majority of its shareholders approved a proposal to exit the main Mexican stock exchange as part of the airline's bankruptcy restructuring.

Philippines' Ressa says 'business as usual' despite news outlet's shutdown order

Range extenders: solar panels provide more juice to EVs

Saudi artists marvel at surprise patron: their own rulers