Markets

Myanmar's military rulers have approved new investment in projects worth nearly US$2.8 billion, including a liquefied natural gas (LNG) power plant that will cost US$2.5 billion, the country's investment body said. Approvals for 15 projects were given on Friday (May 9) by the Myanmar Investment ...

JERUSALEM: Israel will sign a free trade agreement with South Korea this week, marking the first such arrangement with an Asian market, Israel's economy ministry said on Sunday. The deal is meant to bolster bilateral trade by cutting out customs duties and offering safety nets on investments ...

Billionaire Elon Musk dropped a surprise early in his hotly anticipated turn as host of "Saturday Night Live," saying in his monologue that he "is the first person with Asperger's" to host the show, before clowning through skits for the first global livestream of the NBCUniversal comedy show.

NEW YORK: The value of dogecoin dropped sharply in early U.S. hours on Sunday (May 9), after Tesla chief and cryptocurrency supporter Elon Musk called it a 'hustle' during his guest-host spot on the Saturday Night Live comedy sketch TV show. Dogecoin was quoted as low as US$0.47 on crypto...

The largest fuel pipeline system in the United States was forced to shut down its entire network after a ransomware attack, the operating company said in a statement Saturday.

Facebook’s new Oversight Board’s decision to extend the ban on former President Trump’s account gives him the attention he craves and Facebook the scrutiny it sought to avoid, says NTU’s Mark Cenite.

The Biden administration is examining ways to ensure that a waiver of COVID-19 vaccine patents to aid poor countries will not hand sensitive U.S. biopharmaceutical technology to China and Russia, responding to a chorus of concerns, U.S. and industry officials say.

WASHINGTON: A US energy company says a cyberattack forced it to temporarily halt all operations on a major pipeline that delivers roughly 45 per cent of all fuel consumed on the East Coast. Colonial Pipeline said the attack took place Friday (May 7) and also affected some of its...

VATICAN CITY: Pope Francis on Saturday (May 8) supported waiving intellectual property rights for COVID-19 vaccines, backing a proposal by US President Joe Biden that has been rebuffed by some European nations, including Germany. In a speech to a global fundraising concert to promote fair access ...

SHANGHAI: China's Internet watchdog said on Saturday (May 8) that it will ban some mobile app notifications and tighten regulations as the government ramps up a campaign to rein in the growing influence of Internet companies over its citizens' daily lives. The Cyberspace Administration of China ...