LONDON: The Bank of England has asked some lenders to test their resilience to potential U.S. dollar shocks, three sources said, the latest sign of how the Trump administration’s policies are eroding trust in the U.S. as a bedrock of financial stability. As the leading currency for global trade and capital flows, the U.S. dollar […]
Reverence for the saffron-robed Buddhist monkhood is deeply woven into Thai society, but a sex extortion scandal has besmirched the clergy and left the devout questioning their faith. Thai police this week arrested a woman accused of bedding at least 11 monks in violation of their vows of celibacy, before blackmailing them with thousands of secretly taken photos of their trysts. The monks are said to have paid nearly $12 million, funnelled out of their monasteries, funded by donations from laypeople hoping to increase their merit and prospects for reincarnation. The scandal provoked outrage over hypocrisy in the monkhood, concern that their status shields them from scrutiny, and soul-searching across society about the role of religion. This aerial photo taken on July 18 shows the giant Buddha statue at the Wat Paknam Phasi Charoen Buddhist temple complex in Bangkok, Thailand. — AFP “I’m not involved in the religion like I used to be,” 33-year-old motorbike taxi driver Mongkol Sudathip told AFP. “I don’t have ...
In an innovative combination of customised tradition and technology, an AI portrait of King Charles III was revealed at the United Nations headquarters in Geneva during the 2025 AI for Good Global Summit. The artwork, named ‘Algorithm King’, was the creativity of the world’s first lifelike humanoid AI-Da robot artist. AI-Da was the development of […]
KARACHI: The business community in Pakistan exhibited division regarding a planned nationwide shutter-down strike, as the Karachi and Lahore Chambers of Commerce announced the closure while the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) decided to abstain. The business community had opposed the expanded powers of the Federal Board of Revenue (FBR) and […]