The U.K.'s economic contraction in 2023 will be almost as deep as that of Russia, economists expect, as a sharp fall in household living standards weighs on activity.
Dubai aims to double the size of its economy in the next decade and become one of the "top 3 economic cities around the world," the ruler of Dubai tweeted.
Apple and Tesla are facing headwinds in China with concerns over consumer strength, which is contributing to investor jitters around the U.S. tech giants.
The news was cheered by many residents; booze is notoriously pricey in Dubai, with a pint of beer frequently costing $15 and a glass of wine often $20 or more.
Ant Group's consumer finance unit has received approval to more than double its registered capital, a sign of progress in resolving regulators' concerns.
The Japanese government will give families up to 1 million yen ($7,670) per child if they opt to move out of Tokyo, according to multiple media reports.
Some Wall Street analysts think Tesla's delivery numbers spell trouble for the electric vehicle maker. Others see a buying opportunity for the company in 2023.
FTX founder Sam Bankman-Fried pleaded not guilty to fraud charges in a crypto case built with the cooperation of his lieutenants Caroline Ellison and Gary Wang