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President Vo Van Thuong of Vietnam has resigned after violating Communist Party regulations, state media reported on Wednesday, the second president to step down in a little over a year. The reports did not offer any details about his alleged wrongdoing.
DUBAI, United Arab Emirates — Saudi Arabia's sovereign wealth fund is in talks with American venture capital firm Andreessen Horowitz and potentially others to create a $40 billion fund to invest in artificial intelligence, according to reporting by the New York Times which was later confirmed by CNBC sources.
BANDA ACEH, Indonesia (AP) — A wooden boat carrying dozens of Rohingya Muslims capsized off Indonesia’s northernmost coast on Wednesday. Local fishermen rescued six refugees who said more people were still on the boat.
BANGKOK (AP) — Thailand’s national police chief and one of his deputies were temporarily suspended under the order of Prime Minister Srettha Thavisin on Wednesday, as accusations that the deputy was involved in an illegal online gambling ring sparked rumors of a power struggle in the police department.
HANOI, Vietnam (AP) — Vietnamese President Vo Van Thuong resigned after a little over a year in the job, the Communist Party said Wednesday, making him the latest senior official to leave office amid an intense anti-corruption campaign.
China's Tencent Holdings posted a 7% rise in fourth-quarter revenue on Wednesday, trailing analysts' expectations, as China's economic slowdown takes a toll, and said it was expecting to at least double its share buybacks this year.
Apple CEO Tim Cook is on a visit to Shanghai, according to a post on his official Weibo account on Wednesday, ahead of the inauguration of a new retail store and declining iPhone sales in the country.
U.S. stock futures moved higher Wednesday morning following a winning day for the major averages, as investors awaited the latest Federal Reserve policy decision.