Kennedy Gondwe BBC News, Lusaka President Edgar Lungu has called for increased local control over the ownership of mines in the country. Mining is the backbone of the southern African nation but most mines are owned by foreign firms. Mr Lungu, who is visiting the Copperbelt region, said this must change. “We will ensure to […]
By Reuters Staff SHANGHAI (Reuters) – Bitcoin traded above $35,000 for the first time in Asia on Wednesday, rising to a high of $35,879 and extending a rally that has seen the digital currency rise more than 800% since mid-March. The world’s most popular cryptocurrency crossed $20,000 for the first time ever on Dec. 16. […]
By Hyonhee Shin SEOUL (Reuters) – North Korean leader Kim Jong Un said his five-year economic plan had failed to meet its goals “on almost every sector” as he kicked off a congress of the ruling Workers’ Party, state media KCNA reported on Wednesday. The rare political gathering, which Kim last hosted in 2016, has […]
Asia has a new richest person thanks to his vaccine-making firm and bottled water company. Zhong Shanshan has seen his wealth surge $7bn (£5.1bn) this year, helping him leapfrog India’s Mukesh Ambani and China’s Jack Ma. His is worth $77.8bn, making him the world’s 11th richest person according to the Bloomberg Billionaires Index. Nicknamed the […]
By Justin Harper Business reporter, BBC News A Chinese tycoon who died on Christmas Day was poisoned, Shanghai police say. Lin Qi, 39, was the chairman and chief executive of games developer Yoozoo, best known for the Game of Thrones: Winter Is Coming strategy game. The Shanghai police statement pointed to one of Mr Lin’s […]
Coronavirus pandemic US President Donald Trump has signed into law a coronavirus relief and spending package bill, averting a partial government shutdown. Mr Trump had initially refused to sign the bill, saying he wanted to give people bigger one-off payments. The delay meant that millions of Americans temporarily lost unemployment benefits. The relief package worth […]
A bench headed by justice Sanjay K Kaul held that there is no prohibition against recovering dues including penal rent — the rent with penalty for overstaying in official accommodation — from an employee’s gratuity. Utkarsh Anand Hindustan Times, New Delhi The gratuity money of an employee can be withheld and forfeited for recovery of dues […]
Wants RBI to give performance details over the past five years Topics Comptroller and Auditor General of India | Reserve Bank of India | PSU bank recapitalisation Raghu Mohan The Comptroller and Auditor General of India (CAG) has written to the Reserve Bank of India (RBI), seeking details of the performance of state-run banks after their recapitalisation (recap) over […]
By Chris Morris Reality Check correspondent, BBC News Reality Check A post-Brexit agreement on trade and other issues has been agreed, just a week before the transition period between the UK and the EU comes to an end. It avoids the disruption of a no-deal Brexit in the middle of the Covid pandemic, and marks […]
By Reuters Staff MUMBAI (Reuters) – Prime Minister Narendra Modi said on Friday that protests by farmers against three laws brought by his government were politically motivated, as he touted the success of an agricultural scheme launched last year. Thousands of farmers from several Indian states have been camped on the outskirts of New Delhi […]
