Australia bumps interest rates, vows to tame inflation
Australia's central bank raised interest rates by another 50-basis points Tuesday while pledging to "do what is necessary" to bring soaring inflation under control.
The...
Cyprus tourism rebounds despite sanctions-hit Russia plunge
Beside sparkling Mediterranean waters at the Cypriot resort town of Ayia Napa, the bars are bouncing with foam dance parties as tourist numbers rebound...
Sri Lanka president seeks unity government to save economy
Sri Lanka's new president Ranil Wickremesinghe has formally invited MPs to join an all-party unity government to revive the bankrupt economy by undertaking painful...
Saudi GDP climbs nearly 12pc in 2nd quarter on oil gains
Saudi Arabia's year-on-year economic growth hit nearly 12 percent for the second quarter, led by a surging oil sector, the government's statistics agency said...
Chinese booster rocket makes uncontrolled return to Earth : US officials
A Chinese booster rocket made an uncontrolled return to Earth on Saturday, US Defense Department officials said, as they chided Beijing for not sharing...
