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Dow Jones dives 397 points as tech stocks take a tumble
Dow Jones dives 397 points as tech stocks take a tumble

NEW YORK, New York - Artificial Intelligence stocks were sold off again Thursday,  resulting in all the key U.S. indices closing sharply...

Musk’s $1 trillion Tesla deal faces pushback from Norway’s wealth fund
Musk’s $1 trillion Tesla deal faces pushback from Norway’s wealth fund

OSLO/BOSTON: Global investors are divided ahead of a crucial shareholder vote on Elon Musk's proposed US$1 trillion Tesla pay package,...

Mamdani’s NYC victory rattles Wall Street, sparks tax worries
Mamdani’s NYC victory rattles Wall Street, sparks tax worries

NEW YORK CITY, New York: Wall Street reacted with unease as Zohran Mamdani, a self-described democratic socialist, was elected mayor...

Starbucks cedes China majority stake to Boyu to fuel expansion
Starbucks cedes China majority stake to Boyu to fuel expansion

SEATTLE, Washington: Starbucks is handing majority control of its China business to private equity firm Boyu Capital in a deal that...

Nasdaq Composite surges 151 points amid U.S. stocks resurgance
Nasdaq Composite surges 151 points amid U.S. stocks resurgance

NEW YORK, New York - U.S. stock markets closed higher on Wednesday, as gains in technology and industrial shares supported continued...

Amazon secures $38 billion OpenAI deal to fuel ChatGPT infrastructure
Amazon secures $38 billion OpenAI deal to fuel ChatGPT infrastructure

SEATTLE, Washington: OpenAI has struck a US$38 billion deal with Amazon to secure massive computing power for its artificial intelligence...

Asia Pacific

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Bowen unveils free midday solar power plan for all Australians
Bowen unveils free midday solar power plan for all Australians

PERTH, Australia news: Australia will soon let millions of households tap into three hours of free solar power every day, including...

China, South Korea struggle as Trump’s tariffs hit Asia trade
China, South Korea struggle as Trump’s tariffs hit Asia trade

BEIJING/SEOUL: Asia's factory engines sputtered in October as U.S. tariffs and weakening global demand under U.S. President Donald...

Asia-Pacific summit ends with joint trade declaration
Asia-Pacific summit ends with joint trade declaration

GYEONGJU, South Korea: Facing growing tensions in global trade, Asia-Pacific leaders ended the APEC summit on November 1 with a joint...

Economic Watch: China's tourism glows with magnetism at World Travel Market London
Economic Watch: China's tourism glows with magnetism at World Travel Market London

by Xinhua writer Gao Wencheng LONDON, Nov. 6 (Xinhua) -- The World Travel Market (WTM) London 2025, one of the world's largest and...

Port City Colombo offers Sri Lankans new leisure, shopping experience
Port City Colombo offers Sri Lankans new leisure, shopping experience

COLOMBO, Nov. 7 (Xinhua) -- Along the northwestern waterfront of Sri Lanka's capital Colombo, the China Harbor Engineering Company...

Chinese paper art comes alive in Myanmar's Yangon
Chinese paper art comes alive in Myanmar's Yangon

YANGON, Nov. 7 (Xinhua) -- With scissors in hand and eyes full of curiosity, students and visitors carefully followed the guidance...