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Business

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U.S. stocks tumble amod global sell-off
U.S. stocks tumble amod global sell-off

NEW YORK, New York - A powerful wave of selling swept through U.S. financial markets on Thursday, driving major stock indices sharply...

Soybean surplus in China limits prospects for new US crop purchases
Soybean surplus in China limits prospects for new US crop purchases

SINGAPORE/BEIJING: China is struggling with an oversupply of soybeans after months of record imports, reducing the chances of large...

Nvidia sale underscores SoftBank’s funding crunch for OpenAI push
Nvidia sale underscores SoftBank’s funding crunch for OpenAI push

TOKYO, Japan: SoftBank's shares fell as much as 10 percent on November 12 after it sold its US$5.8 billion stake in Nvidia, highlighting...

Study: Weak demand, not U.S. tariffs, drove China dumping
Study: Weak demand, not U.S. tariffs, drove China dumping

CHINA: China's recent surge in low-cost exports to Europe isn't just a byproduct of U.S. tariffs, it's rooted in its own weakening...

Dow Jones extends gains while Nasdaq Composite slides
Dow Jones extends gains while Nasdaq Composite slides

NEW YORK, New York - U.S. stock markets closed mixed on Wednesday, with the Dow Jones Industrial Average advancing strongly while the...

Wendy’s shutting hundreds of US sites to fix falling profits
Wendy’s shutting hundreds of US sites to fix falling profits

DUBLIN, Ohio: Wendy's is tightening its belt again. After already shutting down 240 restaurants in 2024, the fast-food giant is preparing...

Asia Pacific

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Soybean surplus in China limits prospects for new US crop purchases
Soybean surplus in China limits prospects for new US crop purchases

SINGAPORE/BEIJING: China is struggling with an oversupply of soybeans after months of record imports, reducing the chances of large...

Beijing’s softer stance lets Ant, Tencent revive consumer loans
Beijing’s softer stance lets Ant, Tencent revive consumer loans

BEIJING/SHANGHAI: After years of regulatory crackdowns, China's internet finance giants are quietly reentering the lending business,...

Butcher backs Labuschagne to Australia's number three in Ashes, feels he has "quietened down the doubts"
Butcher backs Labuschagne to Australia's number three in Ashes, feels he has "quietened down the doubts"

London [UK], November 14 (ANI): Former England cricketer Mark Butcher has backed Australian batter Marnus Labuschagne to bat at number...

"My days are numbered": Takehiro Hira on his character 'Ishido Kazunari' in 'Shogun' Season 2
"My days are numbered": Takehiro Hira on his character 'Ishido Kazunari' in 'Shogun' Season 2

Washington DC [US], November 14 (ANI): Actor Takehiro Hira hinted at his character 'Ishido Kazunari's arc in the upcoming second instalment...

Xinhua Commentary: Joint efforts needed to build a new model of global leadership for a fairer world
Xinhua Commentary: Joint efforts needed to build a new model of global leadership for a fairer world

The world must abandon hegemonic mindsets of self-centered supremacy and winner takes all. Instead, it should foster a logic of symbiosis...

1st LD: China's industrial output up 4.9 pct in October
1st LD: China's industrial output up 4.9 pct in October

BEIJING, Nov. 14 (Xinhua) -- China's value-added industrial output expanded 4.9 percent year on year in October, official data showed...