HONG KONG (Reuters) -Morgan Stanley and HSBC are cutting dozens of investment banking jobs in the Asia Pacific this week, sources with knowledge of the matter said, as weaker deal activities and sluggish markets in China and Hong Kong weigh on their business prospects. Morgan Stanley is cutting at least 50 investment banking jobs in
SYDNEY (AP) — Australia will restore funding to the United Nations relief agency for Palestinians, weeks after the agency lost hundreds of millions of dollars in support following Israeli allegations that some of its Gaza-based staff participated in the Oct. 7 attack. The Australian government also pledged Friday to increase aid for the besieged enclave,
The Third South Summit brought together the 135 members of the Group of 77 and China (G-77/China) to boost South-South cooperation on trade, investment, sustainable development, climate change, poverty eradication, and digital economy, among other areas. Members emphasized that “reforms of the international financial architecture should better reflect the needs and priorities of developing countries