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China

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New banquet rules in China after deaths, part of Xi’s crackdown
China limits civil servant dining groups to curb alcohol abuse

BEIJING, China: Chinese civil servants are now facing stricter rules on dining together, with some local authorities limiting group...

Severe storm strikes Dongfang in Southern China
Typhoon Wutip hits Hainan in China after suddenly changing course

BEIJING, China: A typhoon altered its course and struck Hainan Island, southern China, late on the night of June 13. Typhoon Wutip...

Meta buys 49 percent of Scale AI, brings CEO Wang to lead AI efforts
Meta bets on Scale AI CEO Wang in $14B play for AI leadership

MENLO PARK, California: Meta Platforms has made a bold move to accelerate its artificial intelligence ambitions—by investing US$14.3...

Crude spikes as Israel-Iran conflict reignites supply concerns
Oil surges over 7% after Israeli strikes on Iranian military sites

HOUSTON, Texas: Crude oil surged to multi-month highs this week, driven by escalating tensions in the Middle East after Israel launched...

Ukraine sea drone success inspires Taiwan defense plans against China
Taiwan adopts Ukraine's sea drone tactics to counter China threat

WUSHI, Taiwan: Inspired by how Ukraine has used sea drones effectively against Russia in the Black Sea, Taiwan is learning how to use...

Foxconn iPhone exports from India now mostly headed to the US
Apple sends 97% of India iPhone exports to US amid tariff risk

NEW DELHI, India: Amid mounting U.S.-China trade tensions, Apple has sharply increased iPhone shipments from India to the United States,...

Business

Section
Trump family enters telecom with branded phone, mobile service
Trump Mobile launched with $499 phone, plan priced at $47.45

NEW YORK CITY, New York: The Trump family has unveiled a new venture in the telecom sector — and it's drawing as much scrutiny as it...

Starmer: US-UK trade deal to be finalized 'very soon.'
UK, US nearing final stage of trade deal, says PM Starmer

KANANASKIS, Alberta: With key tariff deadlines approaching, British Prime Minister Keir Starmer said this week that finalizing the...

Aircraft orders expected as Paris airshow opens, despite recent crises
Paris airshow opens amid global aviation uncertainty

PARIS, France: The Paris Airshow kicked off on June 16, attracting attention with expected aircraft orders, but overshadowed by the...

U.S. stock markets divided as Fed leaves interest rates unchanged
Wall Street moves sideways after Federal Reserve rate decision

NEW YORK, New York - U.S. stocks were largely range-bound Wednesday after the Federal Reserve decided to maintain the target range...

State Dept memo outlines plan to widen Trump travel ban
Trump may expand U.S. travel ban to 36 more countries: memo

WASHINGTON, D.C.: The Trump administration is weighing a major expansion of its travel restrictions, with a new internal memo revealing...

Boeing trims long-term jet outlook ahead of Paris Airshow
Boeing lowers jet forecast despite 40% rise in travel by 2030

ARLINGTON COUNTY, Virginia: As global air travel continues its recovery from the pandemic, Boeing has released a tempered 20-year outlook...