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Business

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Wall Street jumps sharply on easing trade war tensions
U.S. stocks advance as Trump hints at flexibility on tariffs

NEW YORK, New York - Investors bought up stocks on U.S. markets Monday after President Donald Trump indicated he may pull back on some...

Boston Celtics sold for $6.1 billion to private equity mogul Chisholm
Private equity mogul to acquire NBA's Celtics for $6.1 billion

BOSTON, Massachusetts: Private equity investor William Chisholm has agreed to buy the Boston Celtics in a record-breaking deal worth...

US mortgage rates rise for second week, adding pressure on buyers
Average US rate on 30-year mortgage rises slightly for second week

WASHINGTON, D.C.: The cost of borrowing for a home in the U.S. ticked up again this week, marking the second straight increase as homebuyers...

Apple TV+ bleeds $1 billion annually in costly streaming push
Apple losing over $1 billion a year on streaming service, report says

CUPERTINO, CALIFORNIA: Apple's ambitious foray into streaming is proving costly, with the company reportedly losing over US$1 billion...

Gold rally gains momentum as Citi lifts target to $3,200
Citi hikes gold price target for next 3 months to $3,200 per ounce

NEW YORK CITY, New York: Gold's record-breaking rally is expected to continue, with Citi Research increasing its three-month price...

Data center safety system nearly sparked US power crisis
Big Tech's data center boom poses new risk to US grid operators

BOSTON, Massachusetts: A routine safety mechanism at data centers nearly triggered a regional power crisis last summer, highlighting...

Asia Pacific

Section
Chinese President Xi takes time to talk to locals
China's leader mixes it among people in rural villages

BEIJING, China (Xinhua) -- Where does Chinese President Xi Jinping work? Beyond Zhongnanhai and the Great Hall of the People in Beijing,...

US seeks global support to block China’s access to American chips
Commerce chief seeks industry help to stop China from getting US chips

WASHINGTON, D.C.: Commerce Secretary Howard Lutnick said the Trump administration is asking companies and foreign governments to help...

Trump seeks delay in US Steel-Nippon legal fight, talks ongoing
Trump administration seeks delay in Nippon Steel merger

WASHINGTON, D.C.: The Trump administration is seeking a delay in the legal battle between U.S. Steel and Nippon Steel over their blocked...

FAA to propose new rules for expanding drone deliveries
US FAA to propose rule on allowing expanded drone use

SEATTLE/WASHINGTON D.C.: U.S. Transportation Secretary Sean Duffy said last week that the Federal Aviation Administration (FAA) is...

Audi powers up NEV production in China
Audi powers up NEV production in China

A drone photo taken on March 21, 2025 shows a welding workshop of Audi FAW NEV Co., Ltd. in Changchun, northeast China's Jilin Province....

Foreign brands benefit from China's consumption stimulus
Foreign brands benefit from China's consumption stimulus

Consumers learn about relevant policies during a consumer goods trade-in event in Qingdao City, east China's Shandong Province, May...

Movie Review

Movie Review
Werckmeister Harmonies (4K UHD) [Blu-ray]