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China

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Hong Kong media tycoon’s closing arguments postponed to August 18
Hong Kong media tycoon’s closing arguments postponed to August 18

HONG KONG: The closing arguments in the national security trial of Hong Kong pro-democracy media tycoon Jimmy Lai were unexpectedly...

Economic slowdown piles pressure on China to spur demand
Economic slowdown piles pressure on China to spur demand

BEIJING, China: China's industrial output growth slowed to its weakest pace in eight months in July, while retail sales also lost momentum,...

Luxury brands see little pushback on price hikes from affluent U.S.
Luxury brands see little pushback on price hikes from affluent U.S.

LONDON, U.K.: For now, America's wealthier consumers appear unfazed by price increases on high-end products, from Birkenstock sandals...

Update: Parade to demonstrate Chinese military's firm commitment to following Party, loyalty to core
Update: Parade to demonstrate Chinese military's firm commitment to following Party, loyalty to core

BEIJING, Aug. 20 (Xinhua) -- China's military parade scheduled for Sept. 3 will demonstrate the armed forces' firm commitment to following...

US adds five products to "high-priority sectors" enforced under Uyghur forced labour law
US adds five products to "high-priority sectors" enforced under Uyghur forced labour law

Washington DC [US], August 20 (ANI): The US has intensified its crackdown on forced labour-linked imports from China by adding five...

Xi to review troop formations lining up along Chang'an Avenue during V-Day parade
Xi to review troop formations lining up along Chang'an Avenue during V-Day parade

BEIJING, Aug. 20 (Xinhua) -- Troops participating in the upcoming V-Day parade will line up in formations along the Chang'an Avenue...

Business

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Australian court slaps Qantas with $58 million fine over staff layoffs
Australian court slaps Qantas with $58 million fine over staff layoffs

SYDNEY, Australia: Australia's flag carrier Qantas Airways has been ordered to pay A$90 million (US$58.6 million) after a court ruled...

Technology stocks dive, broader market dips
Technology stocks dive, broader market dips

NEW YORK, New York - Tech stocks led a downturn on U.S. stock markets on Tuesday as majors including Nvidia fell sharply. The AI trade...

New Texas facility will breed sterile flies to protect US cattle herds
New Texas facility will breed sterile flies to protect US cattle herds

WASHINGTON, D.C.: The U.S. Department of Agriculture (USDA) will invest up to US$750 million to construct a new production facility...

Berkshire Hathaway takes $1.6 billion UnitedHealth stake, shares surge
Berkshire Hathaway takes $1.6 billion UnitedHealth stake, shares surge

MINNETONKA, Minnesota: Shares of UnitedHealth Group have surged since Warren Buffett's Berkshire Hathaway disclosed ilast week it had...

Uneventful day on Wall Street Monday, Nasdaq Composite inches up
Uneventful day on Wall Street Monday, Nasdaq Composite inches up

  NEW YORK, New York - There was little movement on Wall Street Monday as investors awaited news from the summit in DC involving...

OpenAI workers look to sell $6B in stock at $500B valuation
OpenAI workers look to sell $6B in stock at $500B valuation

SAN FRANCISCO, California: Current and former staff at OpenAI are preparing to sell nearly US$6 billion worth of shares in a secondary...