The latest short-form news audio from FSN Bureaus worldwide
Credit Suisse has secured a lifeline from the Swiss central bank.
It will borrow up to 54 billion dollars to boost liquidity and investor confidence, after a slump in its shares sparked fears about a global financial crisis.
Richard Kimber reports from Hong Kong.
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North Korea has fired more rockets ahead of a meeting between the leaders of Japan and South Korea.
It launched two Intercontinental Ballistic Missiles into the Sea of Japan as the two leaders prepared to meet in Tokyo to discuss how to respond to North Korea's nuclear threats.
US stocks fell Wednesday as investors contemplated the future of Credit Suisse.
Shares of the bank plunged after its biggest backer, Saudi National Bank, said it won't provide further financial help.
Sally Patterson reports from New York.
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Exiled Chinese billionaire Guo Wengui, who is an associate of former President Trump adviser Steve Bannon, has been arrested on charges of orchestrating a one billion dollar fraud.
The indictment alleges Mr Guo duped his online followers with promises of "outsized" investment returns.
Our US correspondent Kate Fisher reports
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US Defense Secretary Lloyd Austin says the United States will keep conducting surveillance flights even after an unarmed American drone was struck and downed by a Russian warplane over the Black Sea.
Tuesday's incident, the first known physical contact between US and Russian militaries since the start of war in Ukraine, has once again raised tensions between the two superpowers.
Benji Hyer has the latest.
IN: Make no mistake
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The US has summoned the Russian ambassador to protest what it describes as the “reckless” actions of Russian pilots over the Black Sea.
Washington alleges that on Tuesday two Russian fighter jets attempted to intercept an American surveillance drone in international airspace, causing the drone to crash into the sea.
The Russian Defense Ministry rejects America's version of events- as Trent Murray reports from Berlin:
IN: “ Well the tensions…
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US Secretary of State Antony Blinken has arrived in Ethiopia, as part of a wider push by the US administration to step up engagement with Africa.
Blinken is expected to renew ties with the Addis Ababa Administration and support the peace process following a violent two-year civil war.
Michael Baleke reports from Kampala
IN: Antony Blinken is the
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DUR: 00.40secs
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Mass strikes are disrupting life across the UK, but more specifically in London where commuters are largely staying home amid widespread travel chaos, after underground and train staff walked out.
The strikes- which are also impacting schools and health services- coincide with budget day, as
Nina-Maria Potts reports:
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The Indian government is reportedly considering loans to Indian startups impacted by the fall of the Silicon Valley Bank.
The Santa Clara-based lender serviced many Indian companies operating in the US.
Its crash is expected to impact hundreds of new tech companies in India.
Ishan Garg reports.
IN: The Ministry of Information technology... Former Australian prime minister Paul Keating claims the Defence Department has taken over the country's foreign policy, with the decision to obtain nuclear-powered submarines one of the "worst" ever made by a Labor government.
Shaun Bindley reports.
IN: Australia's federal government…
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COURTESY AIR NEWS MEDIA - AUSTRALIA
North Korea has fired another two missiles as it continues its response to joint war games being conducted by the US and South Korea in the region.
On Wednesday Pyongyang launched two ground-to-ground missiles, following similar launches the day before.
Chris Gilbert reports.
IN: On Tuesday
OUT: Nuclear program
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US stocks rallied Tuesday as investors grew increasingly optimistic that other banks would not face the same fate as Silicon Valley.
The bank collapsed on Friday sending shockwaves through the sector.
But confidence in plans put forward by regulators to backstop all depositors saw the indexes close up.
Sally Patterson has more.
IN Earlier this week
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