Great Barrier Reef should be placed on the ‘in danger’ list, UN-backed report shows

Great Barrier Reef should be placed on the 'in danger' list, UN-backed report shows

CNN — The Great Barrier Reef should be added to the list of world heritage sites that are “in danger”, a team of scientists concluded after conducting a mission to the world’s largest coral reef system. In a new UN-backed report released on Monday, the scientists said that the reef is facing major threats due … Read more

Asia-Pacific stocks mostly lower, Tokyo inflation at highest in 40 years; US markets closed

Asia-Pacific stocks mostly lower, Tokyo inflation at highest in 40 years;  US markets closed

Proposed G-7 price cap may not have any effect whatsoever on Russia, says Wood Mackenzie The Group of Seven (G7) nations’ proposed price cap for Russian oil of between $65 and $70 a barrel may not be a significant deterrent for Moscow, according to Wood Mackenzie. The planned cap is not expected to make a … Read more

Fed minutes, Bank of Korea decision, Sri Lanka

Fed minutes, Bank of Korea decision, Sri Lanka

Malaysian stocks rise as state palace announces prime minister Malaysia-listed stocks rose as the the state palace announced Anwar Ibrahim as the nation’s prime minister. The benchmark KLCI-index traded 3.86% higher following previous negative sessions, trading at the highest levels in more than two months. Telecommunications group Axiata Group Bhd rose 12.4%, and Maxis Bhd … Read more

Hong Kong stocks jump after China trims quarantine period, up more than 7%

Hong Kong stocks jump after China trims quarantine period, up more than 7%

Oil prices rise more than 2% on back of China easing quarantine measures Reopening stocks jump after China’s eased Covid measures reported China trims Covid quarantine time by two days Chinese state media announced on Friday that the country will reduce quarantine time for international travelers by two days. The revised rules state travelers will … Read more

Hidden home problem left ‘perfectly healthy’ 37-year-old woman with dementia

Hidden home problem left 'perfectly healthy' 37-year-old woman with dementia

An Australian woman has revealed how a secret mold infestation in her Sydney home led her to being diagnosed with dementia and even forgetting her own name. The constant wet weather that has plagued Australia’s east coast over the past 18 months means many residents are now acutely aware of just how quickly mold can … Read more

Asia markets rally; China keeps benchmark lending rate unchanged

Asia markets rally;  China keeps benchmark lending rate unchanged

SINGAPORE — Shares in the Asia-Pacific jumped Wednesday after a sharp bounce in US stocks overnight. The Nikkei 225 in Japan rose 2.46% with Fast Retailing and Tokyo Electron up 1.79% and 5.6% respectively. The Topix index gained 2.04%. Hong Kong’s Hang Seng index briefly traded 2% higher and was last up 2.29%. The Hang … Read more