In its eighth hike in eight months, the Royal Bank of Australia (RBA) on Tuesday raised interest rates by 0.25% to a 10-year high of 3.1% while doubling down on its stance that more hikes will be needed to slow inflation.
As of Monday, nearly 100 petrol stations across South Korea had run out of fuel due to a trucker strike that began on Nov. 24. The strike has reportedly disrupted the country's supply chain and cost around $2.5B in lost shipments so far.
On Monday, thousands of people defied freezing temperatures in Mongolia's capital, Ulaanbaatar, to demand "justice" against alleged corruption in the country's coal industry and soaring inflation, as well as the dissolution of parliament.
EU privacy regulators on Monday reportedly ruled that Meta Platforms Inc, which includes Facebook and Instagram, can't require users to agree to personalized ads targeting their online activity.
In a Manhattan court on Tuesday, the Trump Organization was convicted of tax crimes committed by two long-time executives, including conspiracy, scheme to defraud, criminal tax fraud, and falsifying business records.
Twitter CEO Elon Musk's brain implant tech firm Neuralink is reportedly under investigation by the US Department of Agriculture (USDA) over alleged violations of the Animal Welfare Act.
Special counsel Jack Smith has reportedly issued grand jury subpoenas to local officials in several key presidential swing states for any communications with former Pres. Donald Trump, his campaign, and a series of allies who allegedly aided his effort to overturn the results of the 2020 election.