MARKET NEWS

WASHINGTON: The US surpassed 18 million reported Covid-19 cases on Monday, figures from Johns Hopkins University showed, as the virus surges nationwide.The US has the world’s highest absolute number of cases as well as the most deaths related to the virus, according to the figures.It...

TOKYO: Japanese Prime Minister Yoshihide Suga’s government approved a ninth consecutive rise in military spending on Monday, funding the development of an advanced stealth fighter and longer-range anti-ship missile to counter China’s growing military power.The Ministry of Defense will get a record 5.34 trillion yen...

WASHINGTON: Russia was “pretty clearly” behind a devastating cyberattack on several US government agencies that also hit targets worldwide, Secretary of State Mike Pompeo said.Microsoft said late Thursday that it had notified more than 40 customers hit by the malware, which security experts say could allow...