Page 1167 - World News
World's top 1% gained $42 trillion in a decade, taxes at record lows: Oxfam
The amount is 36 times greater than the wealth accumulated by the poorest half of the world's population, and nearly 80 per cent of the world's billionaires reside in G20 countries
 "World's top 1% gained $42 trillion in a decade, taxes at record lows: Oxfam")
Threat of attacks, fear for families: How Ukrainians trained for Olympics
In the eyes of Ukraine president Volodymyr Zelenskyy, the athletes who are in Paris are already heroes and that is what he told them in a virtual address on Wednesday
 "Threat of attacks, fear for families: How Ukrainians trained for Olympics")
Publisher Jimmy Lai to testify in his defence at Hong Kong security trial
Lai, the 76-year-old founder of the now-defunct Apple Daily newspaper, was arrested in 2020 during a crackdown on the mass pro-democracy protests that rocked Hong Kong in 2019
 "Publisher Jimmy Lai to testify in his defence at Hong Kong security trial")
China is past in terms of investments in Pakistan, US is future: Official
They extract minerals, literally take gold and copper from the ground and just ship it back for processing in China, he said
 "China is past in terms of investments in Pakistan, US is future: Official")
US economic growth seen picking up in 2nd quarter, inflation subsiding
The economy, which continues to outperform its global peers despite hefty rate hikes from the Fed in 2022 and 2023, remains supported by a resilient labor market even as the unemployment rate has rise
 "US economic growth seen picking up in 2nd quarter, inflation subsiding")
You have officially become Iran's useful idiots: PM Netanyahu to protestors
In his fourth address to the Joint Session of the Congress, the most by any foreign leader, Netanyahu alleged that in the West Asia, Iran is virtually behind all terrorism
 "You have officially become Iran's useful idiots: PM Netanyahu to protestors")
Netanyahu to meet Harris, Biden at important moment in US and Israel
Following their midday talks, Biden and Netanyahu will meet the families of American hostages
 "Netanyahu to meet Harris, Biden at important moment in US and Israel")
India-UK unveil futuristic Technology Security Initiative; to seal FTA soon
The British foreign secretary also held separate talks with National Security Advisor Ajit Doval
 "India-UK unveil futuristic Technology Security Initiative; to seal FTA soon")
Amid China tensions, some US states purge Chinese firms from investments
China ranks as the world's second-largest economy behind the US
 "Amid China tensions, some US states purge Chinese firms from investments")
Nvidia supplier SK Hynix posts 6-year high profit on strong AI chip demand
Revenue rose 125 per cent to a record 16.4 trillion won
 "Nvidia supplier SK Hynix posts 6-year high profit on strong AI chip demand")
BASIC bloc slams rich countries for 'leadership void' on climate change
They called on developed countries to set ambitious new targets to reach net-zero "significantly ahead of 2050 (and) preferably by 2030" and to achieve "net-negative" emissions immediately after that
 "BASIC bloc slams rich countries for 'leadership void' on climate change")
Irrespective of who wins election, Venezuela faces natural gas problem
The South American country's output fell to 4 billion cubic feet per day (bcfd) this year from almost 8 bcfd in 2016, data from consultancy Gas Energy Latin America shows
 "Irrespective of who wins election, Venezuela faces natural gas problem")
G20 to back progressive taxation, without endorsing 'billionaire tax'
A broader G20 joint communique is expected on Friday, when finance ministers and central bankers conclude this week's meetings in Rio de Janeiro
 "G20 to back progressive taxation, without endorsing 'billionaire tax'")
FBI Director Wray grilled by lawmakers on Trump rally shooting incident
The shooting at Trump's rally on July 13 shocked the nation, resulting in the death of one attendee and leaving two others seriously injured
 "FBI Director Wray grilled by lawmakers on Trump rally shooting incident")
China keeps lending rate unchanged as housing market still struggling
Property investments fell 10% year-on-year and home sales sank 30.5%, suggesting a raft of measures to try to turn around a real estate slump have yet to take hold
 "China keeps lending rate unchanged as housing market still struggling")
Boeing completes deal with US govt to plead guilty over 737 Max crashes
Details of the plea deal were disclosed Wednesday in a federal court filing after weeks of talks between Boeing and the US Justice Department
 "Boeing completes deal with US govt to plead guilty over 737 Max crashes")
Myanmar violence tops discussion as Southeast Asian diplomats meet in Laos
U.S. Secretary of State Antony Blinken and Chinese Foreign Minister Wang Yi are expected to hold one-on-one talks on the sidelines of the meetings of the Association of Southeast Asian Nations
 "Myanmar violence tops discussion as Southeast Asian diplomats meet in Laos")
US election: Trump attacks Harris on abortion, an issue he rarely discusses
The former president focused on abortion in a winding speech in which he spent much of his energy attacking Harris and seeking to neutralise her strengths as a candidate
 "US election: Trump attacks Harris on abortion, an issue he rarely discusses")
Airfare pain eases as pricing power swings back to passengers after Covid
Passengers around the world are winning some respite from the fare madness that followed the pandemic - and further price declines are coming
 "Airfare pain eases as pricing power swings back to passengers after Covid")
$1 trn rout hits Nasdaq 100 over AI jitters in worst day since 2022
The Nasdaq indexes tumbled more than 3% for the worst days since October 2022
 "$1 trn rout hits Nasdaq 100 over AI jitters in worst day since 2022")