IBT Staff Reporter

Wall Street futures bounced on Monday, with U.S.-listed shares of Chinese technology companies leading the gains on optimism around easing regulatory crackdowns and relaxing COVID-19 curbs in the world's second-largest economy.

Wall Street was set to open higher on Monday after a drop last week, with U.S.-listed shares of Chinese technology companies rallying on optimism around easing regulatory crackdowns and relaxing COVID-19 curbs in the world's second-largest economy.

U.S. stock indexes on Monday regained some ground lost last week as investors bought into heavyweights Apple and Amazon.com, while Twitter dropped after Elon Musk threatened to walk away from his $44 billion buyout deal.

The S&P 500 and the Nasdaq rose on Monday, recovering some losses suffered last week as investors bought into heavyweights Apple and Amazon.com, while Twitter dropped after Elon Musk threatened to walk away from his $44 billion buyout deal.

The ousted board of the Philippines' biggest casino said on Monday it is suing Japanese tycoon Kazuo Okada and his partners, accusing them of coercion and other misconduct in what it said was a "violent and illegal" seizure of the gambling resort last week.

Architect Diebedo Francis Kere, recognised globally for his innovative, sustainable designs, was feted as a hero in Burkina Faso over the weekend, on his first hometown visit after getting the profession's top award.

British Prime Minister Boris Johnson is facing a confidence vote on Monday following a series of scandals, including a damning official report about COVID-19 lockdown-breaking parties at his official residence.

External directors at Toshiba Corp exchanged criticism on Monday over statements on board decisions, signalling a public rift as the embattled conglomerate reviews strategic options including going private.

Tension at Japan's Toshiba Corp erupted into a public row on Monday as two of its external directors traded criticism over governance and the nomination of hedge fund executives to the conglomerate's board.

Boardroom tensions at Japan's Toshiba Corp erupted into a public row on Monday as two of its external directors traded criticism over governance and the nomination of hedge fund executives to the conglomerate's board.

Lebanon said on Monday it would invite a U.S. mediator to Beirut for negotiations over a disputed maritime boundary with Israel to prevent any escalation, after accusing Israel of encroaching on contested waters.

Measures to tighten liquidity are expected to accompany a rise in Indian interest rates on Wednesday, adding upward pressure to bond yields and increasing the need for central bank measures to support government borrowing.

After two years of hunting, Volar Yip has put his dream of buying a new home in China's southeastern city of Foshan on ice, anxious about making a major financial commitment amid a significant slowdown in the world's second-largest economy.

After two years of hunting, Volar Yip has put his dream of buying a new home in China's southeastern city of Foshan on ice, anxious about making a major financial commitment amid a significant slowdown in the world's second-largest economy.

Cambodia's ruling party scored a landslide win in local commune elections although a new opposition party gained more posts than expected, official results showed on Monday.

Singapore Prime Minister Lee Hsien Loong on Monday named finance minister and chosen successor Lawrence Wong as his new deputy effective next week, paving the way for him to become the city state's next leader.

UK PM Johnson survives Tory MPs' no-confidence vote

Thailand's fiscal and monetary policies must continue to align to ensure the economy will recover fully, the finance minister said on Monday.

India's government sought on Monday to calm anger at home and abroad after two officials of the ruling BJP party made remarks about the Prophet Mohammed, with 38 people arrested for rioting in a northern city and a protest planned later in Mumbai.

Poland's central bank is expected to raise its main interest rate by 75 basis points to 6.00% on Wednesday, a Reuters poll showed, as it faces surging inflation and risks of slowing growth due to the Ukraine war.

European shares rose on Monday, helped by banks and commodity-linked stocks, as investors kept an eye out for U.S.

Kazakhs back post-Nazarbayev reforms, hope for more democracy

The European Central Bank appears committed to start raising interest rates next month, opening the door for hedge funds to load up on euros.

The European Central Bank appears committed to start raising interest rates next month, opening the door for hedge funds to load up on euros.

The European Central Bank looks all but certain to announce on Thursday that its years of bond-buying stimulus are over and that high inflation means interest rate rises are imminent.

Firefighters in Bangladesh battled for a third day on Monday to stamp out a massive fire that killed 41 people at a container depot in an incident that spotlights the South Asian nation's poor safety record.

Firefighters battled for a third day on Monday to control a huge fire that killed dozens when it triggered explosions at a Bangladesh container depot, as officials warned of the risk of further blasts if the flames spread to chemicals stored nearby.

Prime Minister Boris Johnson faced a confidence vote on Monday after a growing number of lawmakers in his Conservative Party questioned the British leader's authority over what has been dubbed the "partygate" scandal.

British Prime Minister Boris Johnson survived a confidence vote on Monday but a rebellion by 148 of his 359 Conservative Party lawmakers dealt a serious blow to his authority.