Russian central bank slashes key rate, sees room to cut further

The Bank of Russia says external conditions for the Russian economy are still challenging but financial stability risks have decreased somewhat Russia’s central bank slashed its key interest rate to 11% on Thursday, May 26, and said it saw room for more cuts this year, as inflation slows from more than 20-year highs and the … Read more

UAE’s newly elected ruler sees Iran, Islamists as threat to Gulf safe haven

DUBAI, UAE – United Arab Emirates strongman Sheikh Mohammed bin Zayed al-Nahyan, who was formally elected president on Saturday, May 14, led a realignment of the Middle East that created a new anti-Iran axis with Israel and fought a rising tide of political Islam in the region. Working behind the scenes for years as de … Read more

Bang Bang All Star Showdown 2022 sees top PH players compete with SEA gamers

As part of the much-awaited 515 M-World event, MLBB players can win bountiful in-game rewards, including a new Zilong skin, by watching the All Star Showdown livestream from May 7 to 15 Editor’s note: This press release is sponsored by Mobile Legends: Bang Bang and was handled by BrandRap, the sales and marketing arm of … Read more

Robredo sees huge voter preference drop in Calabarzon, Davao

Pulse Asia president Ronald Holmes says that voter preferences can still change, adding that ongoing house-to-house campaigns can still be a game changer of the election results on May 9 MANILA, Philippines – Presidential candidate Vice President Leni Robredo saw a huge drop in voter preference in Calabarzon and Davao Region, a 19-percentage point drop … Read more

As Beijing’s COVID-19 curbs tighten, hard-hit Shanghai sees signs of life

China’s capital Beijing tightened COVID-19 restrictions on Sunday, May 1, as it battled an outbreak, while Shanghai let some of its 25 million residents venture out for light and air after reporting a second day of zero infections outside of quarantine areas. Shanghai’s outbreak, which began in March, has been China’s worst since the early … Read more

Apple sees bigger supply problems after strong start to year

Apple Inc on Thursday, April 28, forecast bigger problems as COVID-19 lockdowns snarl production and demand in China, the war in Ukraine dents sales and growth slows in services, which the iPhone maker sees as its engine for expansion. Shares were down 2.2% in late trade after executives laid out their glum outlook on a … Read more