World

A customer shops for eggs in a Kroger grocery store on August 15, 2022 in Houston, Texas. Brandon Bell | Getty Images Inflation is still sizzling hot but is expected to have moderated in August, as gasoline prices dropped, supply chains improved and the cost of travel fell. The consumer …

Sae Hyung-jung remembers a time when he worried about not having enough money for his next meal.  He was 20 years old, and had just founded an artificial intelligence (AI) company that helped students improve their test scores for university entry examinations — but it wasn’t doing well. “I had …

Commercial property is a bright spot in Chinese real estate, in contrast with the doom and gloom of the residential housing market. Property analysts and developers said offices, warehouses and business parks are proving resilient, and continuing to turn over steady rental revenue — albeit discounted due to softer demand. …

Thailand’s finance minister says his country is in no hurry to raise rates in order to narrow its gap with rising U.S. interest rates, but not all economists agree with the move. Finance Minister Arkhom Termpittayapaisith told CNBC last week that the country still has net capital inflows, hence capital …

Oracle CEO Safra Catz speaks during the SelectUSA Investment Summit in Oxon Hill, Maryland, on June 19, 2017. The SelectUSA Investment Summit brings together companies from all over the world, economic development organizations from every corner of the nation and other parties working to facilitate foreign direct investment (FDI) in …

Apple iOS 16 Source: Apple Apple just released its big new iOS 16 software update for iPhones. It has lots of new features and is available to anyone with an iPhone 8 or newer. Apple releases big software updates every year to help keep the iPhone fresh. And, unlike Google’s Android, …

Jakub Porzycki | Nurphoto | Getty Images Twitter said Monday that payments to a whistleblower did not breach any of its obligations under the $44 billion acquisition proposed by Elon Musk, after the billionaire sent a third letter to try to call off the deal. The social media giant said …

A military truck bearing Russia invasion forces’ “Z” symbol lies blasted in the town of Balakliya, which Ukrainian troops liberated over the weekend. Anadolu Agency | Anadolu Agency | Getty Images Ukraine’s surprise counterattack in the northeast of the country has sent shockwaves through the Russian army, with military strategists …

Bitcoin topped $22,000 as it continues a week-long rally ahead of U.S. inflation data and a highly anticipated Ethereum network upgrade. The world’s largest cryptocurrency hit $22,341.50 at 9:45 p.m. ET Sunday before dipping slightly, according to CoinDesk data. Bitcoin was trading at $22,203 at around 4:03 a.m. ET on …

Singapore has become a hub for private equity in Asia. Roslan Rahman | AFP | Getty Images Ultra-rich investors in Asia-Pacific are shifting away from a “wait and see” approach they adopted at the onset of the pandemic as concerns over market volatility set in, a new survey by Swiss …