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Reuters August 29, 2023

Former CIA employee's conviction confirmed after largest theft of top-secret information in agency's history

Former CIA employee Joshua Schulte's conviction was upheld after an initial conviction in July 2022 for executing the biggest theft of top-secret information in the agency's history.

Asia August 29, 2023

China extends tax breaks for foreign workers until 2027

China is set to prolong tax policies for foreign individuals employed within the country until the conclusion of 2027, according to a statement from the finance ministry on Tuesday.

China August 29, 2023

Global air pollution persists as leading health risk, hitting Asia and Africa the hardest

Despite progress in China, global air pollution remains the primary external threat to human health, particularly impacting countries in Asia and Africa.

South Korea August 29, 2023

South Korea unveils smallest budget increase in 20 years amidst weakened tax revenue

South Korea's government is preparing to boost its budget spending for the upcoming year to nearly $497B in 2024. However, this increase is the smallest seen in the last 20 years.

Asia August 29, 2023

Japanese financial regulator to monitor BOJ amid shifting central bank policies

Japan's financial regulator will maintain a close watch on the impact of central bank policies on regional banks as the nation moves towards normalizing its monetary strategies.

Europe August 28, 2023

Wegovy reimbursement would cost Denmark up to $4 billion each year, ministry reports

The Danish government could face an annual expenditure of up to $4 billion if it decides to reimburse Novo Nordisk's weight-loss drug, Wegovy, for nearly 900,000 individuals.

Germany August 28, 2023

Thyssenkrupp Nucera unveils growth plans amid strong financial results

Thyssenkrupp Nucera, the company with a majority ownership by Thyssenkrupp following its public debut, unveiled its expansion plans after reporting robust sales and operating income.

China August 28, 2023

China approves launch of retail funds to revitalize struggling stock market

China granted approval for the launch of 37 retail funds, marking a significant step in the government's endeavors to rejuvenate a sluggish stock market amid economic challenges.

US August 28, 2023

3M contemplates $5.5B settlement for earplug lawsuits alleging hearing damage

3M's board of directors is nearing a decision on settling nearly 260,000 lawsuits filed by U.S. military members and veterans alleging hearing damage caused by the company's earplugs.

China August 28, 2023

China's financial players turn to Guandan card game amidst shifting investment landscape

China's financial professionals and corporate leaders have increasingly turned to domestic sources of funding in recent times due to a decline in foreign investment.

Iraq August 28, 2023

Iran, Iraq reach agreement to disarm, relocate 'armed terrorist groups' in Iraq's Kurdistan region

An agreement has been reached between Iran and Iraq to disarm and relocate "armed terrorist groups" in Iraq's Kurdistan region. The militant's new location has not been specified.