House Republicans have branded the first day of their impeachment inquiry against Joe Biden a success, saying they justified their case. But expert witnesses called by Republicans cautioned there was not yet enough proof for impeachment. Thursday’s hearing was dominated by the business dealings of the president’s son, Hunter, who Republicans allege was selling access […]

Donald Trump “repeatedly” misrepresented his wealth by hundreds of millions of dollars to banks and insurers, a New York judge has ruled. The decision resolves the key claim made by New York’s attorney general in her civil lawsuit against the former president. “The documents here clearly contain fraudulent valuations that defendants used in business,” the […]

Police across South America are searching for the leader of a Venezuelan gang who escaped from the luxurious prison which he controlled, shortly before it was raided. When 11,000 soldiers and police entered the inmate-run Tocorón jail in Venezuela on Wednesday, Héctor Guerrero Flores was nowhere to be found. Under Guerrero Flores’s rule, Tocoron came […]

The G20 joint declaration in Delhi is being described as a significant diplomatic win for India. The agreement of a joint statement looked almost impossible a few days ago, given how sharply divided the group was over Russia’s invasion of Ukraine. In the end, we had a declaration that garnered unanimous support from all G20 […]

Singaporeans have chosen Tharman Shanmugaratnam as their next president – but many would have let out a small sigh of disappointment as they did so. On Friday, the former top minister won a record 70.4% of the votes, comfortably beating two other candidates in the country’s first contested presidential election in more than a decade. […]

Singaporeans have headed to the polls to vote in their first contested presidential election in over a decade. The president has a mainly ceremonial role in the city-state with few powers and little say in public affairs. But the result on Friday could be a marker of public sentiment on the long-term ruling People’s Action […]

Property giant Evergrande has filed for bankruptcy protection in the US as the real estate crisis in China deepens. It will allow the heavily-indebted company to protect its assets in the US as it works on a multi-billion dollar deal with creditors. Evergrande defaulted on its huge debts in 2021, which sent shock-waves through global […]

China has removed Qin Gang as foreign minister less than seven months after he was appointed to the post. Qin Gang  had been seen as a close associate of President Xi Jinping. He is replaced by veteran Communist Party foreign affairs chief Wang Yi. Qin’s prolonged disappearance from public view – and official silence over […]

Udeni Kaluthantri, a 54-year-old port worker, became an overnight sensation last year for reasons that had nothing to do with his job. Days after protesters stormed the presidential palace in the Sri Lankan capital Colombo, a video surfaced of Mr Kaluthantri lounging on a bed draped with the presidential flag. Pictures of young men jumping […]

Crisis-hit Pakistan has reached a staff-level agreement with the International Monetary Fund (IMF) over $3bn (£2.4bn) of funding. The deal, which still needs to be approved by the global lender’s board, comes after an eight-month delay. The South Asian nation is facing its worst economic crisis since independence from Britain in 1947. To help secure […]

The muted, panicked voice came through the phone of a friend who croaked she was very confidentially warning Cassandra and advising her. Yours truly was immediately panic infected. With deep emphasis and concern the friend took her time to advise that Cass withdraws all money from banks. Cass was for once glad she was poor […]

JP Morgan has agreed to pay roughly $290m (£232m) to settle a lawsuit brought on behalf of alleged victims of convicted sex offender Jeffrey Epstein. Attorneys for the bank said it was “in the best interests of all parties, especially the survivors who were the victims of Epstein’s terrible abuse”. The lawsuit had alleged the […]

Ukraine’s President Volodymyr Zelensky appears to have confirmed that his country’s long-awaited counter-offensive against Russia has started. “Counter-offensive and defensive actions are taking place,” he said. But he added that he would not talk in detail about which stage or state the counter-offensive was in. The comments come after an escalation of fighting in the [...

BBC reported that, JP Morgan Chase is set to take over the troubled US bank First Republic in a deal brokered by regulators. The Federal Deposit Insurance Corporation (FDIC) confirmed in a statement that First Republic Bank had collapsed on Monday. Investment banking giant JP Morgan

British organisations that are working in other nations must follow the laws of those countries, the UK’s top diplomat in India told NDTV today, days after Indian authorities investigated the BBC and Oxfam India for alleged violation of foreign funding rules. The Enforcement Directorate

A 78-year-old woman with two past bank robbery convictions was arrested again for a third heist in Missouri, police said. Bonnie Gooch walked into Goppert Financial Bank and allegedly handed a note to the teller demanding thousands in cash. She also left a note saying “Thank you sorry I didn’t mean to scare you” before […]