IBT Staff Reporter

The Bank of Israel will likely raise short-term interest rates by a quarter-point next week to rein in rising inflation, partly caused by low unemployment and strong economic growth.

China calls for urgent boost to virus-hit economy

For Saudi Arabia, losses for Iran's allies in a Lebanese general election mark a rare piece of good news from a country where Tehran has long been ascendant, and could play to Riyadh's advantage in a regional tussle for influence.

Sri Lanka honours Tamil war-dead after 13 years

Philippines president-elect Ferdinand Marcos Jr is all but certain to command a supermajority in Congress, a proclamation of winners showed on Wednesday, boosting chances of advancing his legislative agenda when he takes power next month.

The US men's and women's national soccer teams will receive equal pay under new contracts that feature an unprecedented split of World Cup prize money, the US Soccer Federation announced Wednesday.

A Russian soldier accused of war crimes in Ukraine pleaded guilty on Wednesday to killing an elderly unarmed civilian.

Portugal's central bank has opened up its heavily guarded vaults in a small commuter town near Lisbon, giving a rare glimpse of where some of the country's gold reserves are kept.

Japan will not block foreign investors from buying industrial giants such as Toshiba Corp provided they comply with rules that govern the handling of sensitive infrastructure and technology, Japan's economic security minister said.

The Taliban in Afghanistan have mediated a temporary ceasefire between Pakistan and a local Pakistani Taliban militant group following talks between the two sides in Kabul, an official said on Wednesday.

Assets under management held by global fixed income exchange traded funds are expected to triple to $5 trillion by 2030, according to the world's largest asset manager, BlackRock.

Wall Street ended sharply lower on Wednesday, with Target losing around a quarter of its stock market value and highlighting worries about the U.S.

The Nasdaq and the S&P 500 dropped 3% on Wednesday as a rally in growth shares faded amid economic growth concerns, while Target plunged to the bottom of the S&P 500 after the retailer became the latest victim of surging prices.

Wall Street tumbled on Wednesday, with Target losing a quarter of its stock market value and highlighting worries about the U.S.

U.S. stock indexes fell on Wednesday as a rally in growth shares faded and Target slumped after the retailer became the latest victim of surging prices.

Singapore Airlines Ltd (SIA) on Wednesday posted a narrower annual loss of S$962 million ($694.08 million), at a time when demand remained low due to the pandemic, but said the outlook was improving as travel restrictions were lifted.

Tom Cruise receives honorary Palme as 'Top Gun' jets into Cannes

President Tayyip Erdogan said on Wednesday Sweden should not expect Turkey to approve its NATO bid without returning "terrorists", and Swedish and Finnish delegations should not come to Turkey to convince it to back their membership in the alliance.

President Tayyip Erdogan said on Wednesday Sweden should not expect Turkey to approve its NATO bid without returning "terrorists", and Swedish and Finnish delegations should not come to Turkey to convince it to back their membership in the alliance.

The European Central Bank will likely start raising interest rates shortly after ending its bond-buying programme early in the third quarter, with the potential for further hikes in coming quarters, policymaker Pablo Hernandez de Cos said.

Members of hardline Hindu groups filed petitions in a court in northern India to stop Muslims from entering a historic mosque, until the court decides on an earlier plea seeking approval to look for any Hindu relics which may be on the site, lawyers said on Wednesday.

Toronto home prices are falling, but not everywhere.

Republican candidates endorsed by Donald Trump won their party's nominations for governor in Pennsylvania and for the U.S.

Pennsylvania's hotly contested U.S. Senate Republican primary between TV personality Dr.

The world is no better prepared for a new pandemic than it was when coronavirus emerged in 2019 and may actually be in a worse place given the economic toll, according to a panel set up by the World Health Organization (WHO) to evaluate the global response.

Elon Musk may find a way to prove his claim that spam accounts on Twitter Inc's platform are significantly higher than the social media company has estimated, but showing that he and investors were misled will be difficult, legal experts say.

Britain's pound fell against the dollar on Wednesday, pulling away from almost two-week highs after data showing British inflation rising to a 40-year record raised concerns about a sharp economic slowdown given the pain inflicted on consumers.

Burning fields betray Russia's creeping Ukraine advance

Kosovo veterans jailed for intimidating war crimes witnesses