World News

India pulls out of Russian-backed Mali lithium project over security risks

Both sources, who were directly involved in the decision-making, sought anonymity because the discussions were confidential

Switzerland to hold referendum in June on capping population at 10 million

According to Swiss government statistics, roughly 40 percent of residents aged over 15 are from a migrant background, most of them from European countries

SoftBank returns to profit in Q3 as OpenAI bet drives valuation boost

Over the past months, SoftBank has stepped up investments as Son seeks to play a bigger role in shaping the future of AI.

Kremlin memo maps US-Russia economic ties, including dollar reset

At the heart of the offer is Russia's return to the dollar settlement system, a move which would mean a stunning reversal of Kremlin policy and, potentially, a dramatic shake up for global finance

Americans shouldered bulk of Trump tariff burden, says NY Fed report

The bank said 90 per cent of the tariffs imposed by the president on imported goods are borne by American consumers and companies

La Niña weakening, neutral Pacific conditions likely by April: US

The Pacific is expected to remain normal through summer in the Northern Hemisphere, according to the US Climate Prediction Center

US authorities announce an end to immigration crackdown in Minnesota

US Immigration and Customs Enforcement launched Operation Metro Surge on December 1

Bangladesh holds polls, referendum after 2024 upheaval, results on Friday

Bangladesh citizens on Thursday voted in parliamentary elections and a referendum on reforms nearly 18 months after the July 2024 student-led movement that ousted the Sheikh Hasina government

Angela Merkel to deliver first Manmohan Singh Memorial Lecture in Delhi

Merkel, who shared good ties with the former prime minister, will deliver the inaugural lecture series in memory of Singh. She will speak on "Germany and India in times of global change"

US shelves major tech curbs on China after Trump-Xi trade detente

That meeting also included a pledge by the Chinese to delay painful export restrictions on the rare-earth minerals that underpin tech manufacturing globally

UK GDP growth slows to 0.1% in Q4; services flat, investment down

Economists polled by Reuters, as well as the Bank of England, had forecast 0.2 per cent fourth-quarter growth compared with the previous three months

China moves to curb auto price war after January PV sales drop 20%

The State Administration for Market Regulation released guidelines for manufacturers, dealers and parts suppliers aimed at preventing a race-to-the-bottom price war

Violence mars Bangladesh general elections as voting continues nationwide

The Election Commission reported that 32.88 per cent of votes had been cast across 32,000 polling centres nationwide by 12 noon during the election

Asia shares rise after US jobs data; Japan, South Korea indices hit record

South Korea's Kospi breached the 5,500 mark for the first time, driven by gains for technology-related stocks; it was up 3.1 per cent at 5,522.27

Switzerland to vote in June on plan to cap population at 10 mn: Here's why

Swiss voters will decide in June whether to cap the country's population at 10 million, a move that could tighten immigration rules and even may strain Switzerland's key economic ties with the EU

Former South Korea minister gets 7 yr sentence for aiding martial law

The verdict for Lee Sang-min came a week before a different judge at the same Seoul court rules on whether Yoon's actions amounted to rebellion

EU leaders meet to counter pressure from Russia, China, and Trump

EU leaders will also debate new financial instruments to protect the bloc in a global trading system rocked by Trump's blitzkrieg of tariffs and China's restricting of critical mineral exports

Trump warns Republicans of 'serious consequences' for voting against tariffs

In a Truth Social post, Trump said tariffs have strengthened US economic and national security and warned Republicans against opposing them

Here's why the ultra-rich are relocating countries at record speed globally

Rich families across the world are relocating in record numbers, with global reports showing a sharp rise in millionaire migration and major wealth hubs like the UAE, Europe seeing strong inflows

Taiwan's AI-powered economy soars in shadow of bubble fears, China threats

Some in Taiwan believe that its pivotal role in the technology sector, especially as a maker of computer chips whose main material is silicon, helps to protect the island from attack by Beijing