World News

China's top general Zhang Youxia put under probe in Xi's military purge

General Zhang's downfall marks the most drastic step yet in Xi's years-long campaign to purge alleged corruption and disloyalty from the Chinese military's top ranks

AI may transform business, but human judgment still guides decisions

Artificial intelligence is poised to profoundly affect American business, and executives are rethinking the skills they seek in colleagues and advisers

Blackstone eyes more hiring in Asia to tap rising private market demand

The alternative asset manager sees huge potential from bringing private markets to individual investors, who are looking for alternatives to the conventional portfolio

Morgan Stanley eyes expansion in Asia as deregulation opens new markets

Morgan Stanley is pushing deeper into Asia as buoyant markets, a reviving Hong Kong IPO pipeline and rising trading volumes propelled the bank to a second consecutive record year in the region

Second-hand watch prices rebound as luxury timepiece market in upswing

The rollercoaster in secondary-market watch prices started during the pandemic, when consumers flush with crypto gains and stimulus payments started snapping up pre-loved models online

Judge to hear case on immigration crackdown amid Minnesota shootings

A federal judge will consider whether to curb an intensified ICE enforcement operation in Minnesota, as protests grow after two deadly shootings involving federal immigration agents

China to open nickel and lithium futures trading to foreign investors

The Shanghai exchange unveiled an internationalisation plan last May, which included a proposal to allow overseas investors to post foreign exchange as collateral for yuan-denominated trades

Here's why Asia's pivot to political satire is no laughing matter

Satire has become a barometer of a deeper dysfunction in governance as traditional channels to hold elected officials accountable are breaking down

11 killed, 12 injured as gunmen open fire at soccer field in central Mexico

Gunmen opened fire at the end of a local match in Guanajuato's Salamanca, leaving at least 11 dead and a dozen wounded, as authorities probe gang-linked violence

Massive winter storm in US triggers most flight cancellations since Covid

More than 16,000 US flights have been cancelled from Saturday through Monday, according to data from flight-tracking website FlightAware, as the storm pushed into major population centres

'Don't stoke violence': Trump targets Guv Walz over immigration enforcement

The US president accused Democratic governors and mayors of fuelling violence by resisting immigration enforcement, after a fatal ICE shooting sparked protests in Minneapolis

Canada holds firm on trade pivot as energy minister heads to India

We need to protect and empower the Canadian economy and trade diversification is fundamental to that, says

China's top general under probe for sharing nuclear secrets with US

China's Defence Ministry on Saturday announced that two top military officers have been placed under investigation for serious violations of Communist Party discipline and national laws

Private jet with 8 aboard crashes on takeoff in Maine amid winter storm

The aircraft went down at Bangor International Airport as heavy snowfall from a massive winter storm disrupted flights across large parts of the US

US security agreement for Ukraine '100% ready' to be signed: Zelenskyy

The talks, which began on Friday and continued Saturday, were the latest aiming to end Russia's nearly four-year full-scale invasion

US envoys Kushner, Witkoff hold talks with Netanyahu on Gaza, Iran

Talks focused on Gaza demilitarisation, hostage recovery and next steps in the ceasefire, including a reconstruction plan and a 100-day timeline for Hamas disarmament

Democrats vow to oppose DHS funding Bill, raising risk of govt shutdown

Democratic senators say they will oppose the homeland security funding bill after the fatal shooting of a Minnesota man by an ICE agent, raising the prospect of a partial government shutdown

No plans to pursue FTA with China: Canadian PM Carney amid Trump's threat

Carney was responding to US President Donald Trump's threat to impose a 100% tariff on goods imported from Canada if America's northern neighbour went ahead with a trade deal with Beijing

Trump blames Democrats for 'chaos' after Minneapolis shooting sparks debate

After remaining relatively quiet on Sunday, the Republican president in two lengthy social media posts said that Democrats had encouraged people to obstruct law enforcement operations

'It's a wake-up call': Obama condemns killing of US citizen in Minneapolis

The remarks came after the 37-year-old man was shot and killed by federal immigration agents early Saturday morning (local time) in south Minneapolis