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Southeast Asia start-ups lay off workers amid economic uncertainty

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Southeast Asia's tech companies are laying off workers as they brace themselves for a tougher fundraising environment.Guilliermo Perales Gonzalez | E + |...

Rice prices are rising amid rising food inflation, export bans

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The spider web rice fields in Flores, Indonesia. The United Nations' Food and Agriculture Organization Food Price Index shows international rice prices creeping...

Australia’s central bank raises rates by 50 basis points

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People walk past the Reserve Bank of Australia building in Sydney. On May 3, 2022, Australia's central bank raised interest rates for the...

What is Web3? Silicon Valley’s favorite new buzzword explained

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Some crypto enthusiasts want a new kind of internet that yanks power away from Big Tech and hands it to people. Can they...

Beijing to allow indoor dining, further easing Covid curbs

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Women eat and drink together outside a closed convenience store on May 31, 2022 in Beijing. Inside dining and drinking was banned due...

No global recession yet but brace for stagflation, economists say

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A global recession is not imminent, but brace for rising costs and slower growth, economists say. "There will be no sudden 'after' of stagflation,"...

People are leaving Hong Kong and here’s where they’re going

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They stuck it out during the 2019 political protests.Then they lasted through nearly two years of pandemic.But this year, they say they've had enough.Residents...

Why China will likely recover more slowly from the latest Covid...

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As Shanghai tries to reopen businesses, one downtown district over the weekend banned residents from leaving their apartment complexes again for mass virus testing....

Covid lockdowns weigh on retail, industrial production data

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The persistent spread of Covid and resulting stay-home orders - primarily in Shanghai - forced factories to close or operate at limited capacity in...

India bans wheat exports with immediate effect

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India, the world's second-biggest wheat producer, has blocked all exports of the grain with immediate effect.Bloomberg | Bloomberg | Getty ImagesIndia banned...
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