Wednesday, 27th, 2024 | 3:20AM Updated

An excavator is seen at a construction site of new residential buildings in Shanghai, China
China has ability to address Evergrande situation, still risks remain -IMF

China has the ability to address the issues linked to China Evergrande Group's indebtedness, although there is a risk of the property developer's pain escalating to cause broader financial stress, the IMF said in a report and comments released Tuesday.

Jack Ma, founder and executive chairman of China's Alibaba Group, speaks in front of a picture of SoftBank's human-like robot named 'pepper' during a news conference in Chiba, Japan,
Billionaire Alibaba founder Jack Ma reappears in Hong Kong - sources

Alibaba Group founder Jack Ma, largely out of public view since a regulatory clampdown started on his business empire late last year, is currently in Hong Kong and has met business associates in recent days, two sources told Reuters.

U.S. Vice President Kamala Harris leads a session of the President's online COVID Summit inside the Eisenhower Executive Office Building at the White House in Washington, U.S.
U.S. should face up to 'shameful past' with tribal nations, VP Harris says

U.S. Vice President Kamala Harris said on Tuesday that the European explorers who first landed on U.S. shores had "ushered in a wave of devastation for tribal nations, perpetrating violence, stealing land and spreading disease."

President and Chief Executive Officer of the Federal Reserve Bank of Atlanta Raphael W. Bostic speaks at a European Financial Forum event in Dublin, Ireland
Fed's Bostic says pandemic pressures pose risks for long-term inflation expectations

U.S. inflation is above the Federal Reserve's 2% inflation target and policymakers need to watch carefully to ensure that pandemic-induced pressures do not cause long-term inflation expectations to become unanchored, Atlanta Fed Bank President Raphael Bostic said on Tuesday.

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Newly-installed razor wire tops the unscalable fence surrounding the U.S. Capitol in the wake of the January 6th riot and ahead of the upcoming inauguration in Washington, U.S
U.S. asks judge to keep accused Capitol rioter in jail ahead of trial

A U.S. prosecutor on Tuesday asked a federal judge to order continued pre-trial detention for a man charged with spraying a chemical on police officers during the Jan. 6 assault on the Capitol by Donald Trump supporters.

Former U.S. Navy engineer, wife face judge in submarine espionage case

A former U.S. Navy nuclear engineer and his wife on Tuesday faced their first court hearing on charges they attempted to sell secrets about nuclear submarines to a foreign power in exchange for cryptocurrency.

Ukrainian-American businessman Lev Parnas and his his wife Svetlana Parnas leave the Manhattan Federal Court in the Manhattan borough of New York, U.S
Jury selected for trial of ex-Giuliani associate Parnas

A jury was selected on Tuesday to decide the fate of a onetime associate of Donald Trump's former lawyer Rudy Giuliani, in a case that could shed light on how campaign finance operates behind the scenes, including during the Republican former president's failed 2020 re-election bid.

A woman counts Ethiopian birr notes, after selling a cabbage at the Mercato market in Addis Ababa
G20 debt relief push for poor countries falls short, campaigners say

A G20 initiative aimed at reducing financial strains on the world's poorest countries has led to less than a quarter of debt payments being suspended - well below expectations of what the programme would deliver, a debt campaign charity said on Tuesday.

North Korea's leader Kim Jong Un watches planes during a flypast at the Defence Development Exhibition, in Pyongyang, North Korea, in this undated photo
Flanked by missiles, North Korea's Kim says U.S. and South Korea threaten peace

Standing beside North Korea's largest missiles, leader Kim Jong Un said his country's weapons development is necessary in the face of hostile policies https://www.reuters.com/world/asia-pacific/north-korea-has-right-test-weapons-given-hostile-policies-un-envoy-2021-09-27 from the United States and a military buildup in South Korea https://www.reuters.com/world/asia-pacific/skorea-blazes-new-path-with-most-potent-conventional-missile-submarine-2021-09-08, state media said on Tuesday.

A 'No Hard Border' poster is seen below a road sign on the Irish side of the border between Ireland and Northern Ireland near Bridgend,
Explainer-Why are the EU and UK arguing over Northern Ireland?

British Brexit minister David Frost called in a speech in Lisbon on Tuesday for the European Union to allow "significant change" to post-Brexit rules governing trade with Northern Ireland.

Rep. Pramila Jayapal, (D-WA), speaks during a hearing of the House Judiciary Subcommittee on Antitrust, Commercial and Administrative Law on
Progressives in U.S. Congress open to cutting cost, not scope, of Biden bill

U.S. Congress progressives on Tuesday signaled a new willingness to shrink the cost, but not the scope, of President Joe Biden's multi-trillion-dollar plan to broaden social programs and tackle climate change, as they struggle to reach a deal with party moderates.

A restaurant advertising jobs looks to attract workers in Oceanside, California, U.S.,
U.S. quits scale record high, millions of job openings as labor market tightens

The number of Americans voluntarily quitting their jobs surged to a record high in August and there were more than 10 million vacancies, pointing to a tightening labor market that could help to keep inflation high as companies raise wages to lure workers.

U.S. House votes for short-term debt ceiling fix, averting default

The Democratic-controlled U.S. House of Representatives gave final approval on Tuesday to legislation temporarily raising the government's borrowing limit to $28.9 trillion, pushing off the deadline for debt default only until December.

Afghan refugees ride aboard a bus taking them to a refugee processing center upon arrival at Dulles International Airport in Dulles, Virginia
U.S. names veteran diplomat to take over Afghan relocation effort

The U.S. State Department on Tuesday appointed veteran diplomat Elizabeth Jones as a new coordinator for efforts to relocate Afghans who have fled or want to flee their country, spokesperson Ned Price said in a statement.

A trader works on the floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S.
U.S. shares drop as soaring oil prices stir inflation woes; Yen wilts

U.S. shares fell on Monday, having whip-sawed between gains and losses as soaring oil prices that hit multi-year peaks stoked fears about rising prices and tighter monetary policy, lifting the dollar to a near-three-year high against the yen.

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