The Southeast Asian nation lost around 277 billion ringgit in economic output due to corruption from 2018 to 2023, according to official estimates.
‘Golden Week’ bookings show Chinese travel preferences are evolving
Bookings show that Chinese travelers are staying longer, traveling farther and looking for new experiences — from quiet destinations to K-pop concerts.
Netanyahu says killing of Hezbollah leader Hassan Nasrallah in Israeli airstrike ‘will not be enough’
Nasrallah has led the Lebanon-based group since 1992, taking the reins after Israel assassinated the group’s previous leader, Abbas al-Musawi.
Oil alliance OPEC+ zeroes in on group compliance after postponing output hike
The OPEC+ alliance is once more angling in on group compliance with oil output cuts, amid overproduction from heavyweight members Iraq and Kazakhstan.
Dow jumps 100 points to close at a record, major averages extend rally to third week: Live updates
The 30-stock Dow rose on Friday as traders digested new data that pointed to further progress in lowering inflation.
Wall Street braces for a turbulent October with jobs report on deck next week
Investors may find it hard to count on another strong month after September’s performance.
OpenAI sees roughly $5 billion loss this year on $3.7 billion in revenue
CNBC has confirmed that OpenAI expects about $5 billion in losses on $3.7 billion in revenue this year — figures first reported by The New York Times.
Israel says it struck Hezbollah’s headquarters in huge explosion that killed at least 2 people
Hours earlier, Netanyahu addressed the U.N., vowing that Israel’s campaign would continue — further dimming hopes for an internationally backed ceasefire.
Shigeru Ishiba is set to become Japan’s next prime minister after winning ruling party leadership election
Ishiba defeated economic security minister Sanae Takaichi in a runoff, after the two won the most votes in the first round in a crowded field of nine candidates.
China stocks can rally 10% in the near term, Morgan Stanley strategist says
The CSI 300, which tracks major stocks on the Shanghai and Shenzhen exchanges, on Friday closed at 3,703.68 points, up 15.7% for the week.