World News

US 30-year Treasury yield hits highest since 2004 as global selloff deepens

US 30-year Treasury yield rose to 5.48%, its highest since 2004, while the benchmark 10-year yield climbed to 5.20%, as the global bond selloff deepened

Trump admin seeks to expand access to passport records for voter checks

US State Department plans to allow state and local officials, and potentially nonprofits, to access passport records to verify voters' citizenship under a proposed policy

'We will continue to win': Netanyahu defends Israel's Gaza war at UNGA

Israeli PM Benjamin Netanyahu rejected genocide allegations over Gaza at the UNGA, defended Israel's military actions and praised US President Donald Trump for backing Israel

Trump-Xi summit goes big on pomp, but key US-China deals remain elusive

The most significant news tied to the gathering was when Treasury Secretary Scott Bessent said that the two sides had extended a trade truce for another two months

Anthropic seeks 50.1% voting control for co-founders ahead of IPO

The company ‌is also planning to ​give employees a special class ‌of stock that would serve as tie-breaker votes on ‌some corporate issues

White House reinstates access to CNN, MS NOW, Politico after court order

The White House restored access for journalists from CNN, MS NOW and Politico after a federal judge ruled that Trump's ban likely violated their constitutional rights

Nepal PM proposes Himalayan climate resilience mechanism with India, China

Shah, in his maiden address to the 81st session of the UN General Assembly on Thursday, also told world leaders that a warming climate is destabilising the fragile Himalayan ecology

Anthropic signs $11.6 billion, seven-year AI computing deal with Akamai

Akamai will supply Anthropic access to central processing units, or CPUs, a type of generalist chip that's seen renewed demand in data centers where it's helping support AI services

US, Iran explore phased deal to reopen Strait of Hormuz, lift blockade

The two countries, which have both refused to make similar agreements in recent months, were making a push for a breakthrough Thursday on the sidelines of the UN General Assembly

Tech titans, Trump fete China's Xi Jinping at lavish state dinner

Trump has welcomed Xi with fanfare this week, affording rare state visit honors to a counterpart considered one of America's biggest industrial and military rivals

Xi Jinping pushes Trump to 'oppose' Taiwan independence in rare call

Since coming to power in 2012, Xi has made bringing Taiwan under China's control a key goal and vowed to achieve it someday, by force if necessary

Five key takeaways from Trump's summit with Xi Jinping in Washington

US President Donald Trump and Chinese President Xi Jinping held talks on trade, Taiwan and AI, extending a trade truce while highlighting differences over technology and strategic risks

Trump admin asks SC to allow quick third-country deportations to continue

The government asked for an immediate halt to lower court orders finding that people must have the chance to object before the US government deports them to countries other than their homelands

Netanyahu calls Gaza genocide claims 'biggest lie', UN delegates walk out

Israeli Prime Minister Benjamin Netanyahu rejected genocide allegations over Gaza and defended Israel's war against Iran in a defiant UN speech that triggered a mass walkout by delegates

Xi Jinping invites 100,000 young Americans for exchanges, study in China

The announcement by Xi at the White House here came against the backdrop of a similar announcement made in 2023, under which 50,000 young Americans were invited for exchanges and study

Trump, Xi review ties, vow to chart future course over common interests

Trump accorded a grand welcome, complete with military honours and a flyover by fighter jets, to Xi on Thursday, at the White House, followed by a meeting in the Oval Office that lasted over two hours

Saudi Arabia, Turkey, Pakistan to hold urgent meeting over Houthi attacks

The Houthis have launched strikes on Saudi-backed govt in Yemen and repeatedly fired into Saudi Arabia, disrupting oil flows from the world's largest energy exporter, as part of a wider West Asia war

Saudi Arabia eases oil crunch with nearly 100 million barrel sales to Asia

The crude for delivery in October and November will be sent via the Strait of Hormuz

Disney's fired CEO returns to settle scores with Bob Iger in his new memoir

Bob Chapek places all blame on a "relentless" sabotage campaign by the man who handpicked him for the job, his predecessor and eventual successor, Robert A Iger.

Arnault tightens control on LVMH with simpler holding structure

As a result of the plan, almost all of the Arnault family's stake in the group would be held in a single listed entity, Agache SCA, replacing the major LVMH holding company Christian Dior SE.