Page 1307 - World News

Putin focuses on trade, cultural exchanges after reaffirming ties with Xi

Putin's visit is more symbolic and short on concrete proposals, the two countries, which both face rising tensions with the West, nonetheless are sending a clear message

China's annual oil refinery output falls for first time in 20 months

The 3.3 per cent fall was the first year-on-year decline since August 2022

China issues first batch of 30-year stimulus bonds at yield of 2.57%

The bid-to-cover ratio for the first tranche of the special bonds was 3.91 times, suggesting solid demand for such bonds

Taiwan selling more to US than China in major shift away from Beijing

Since the 1990s, Beijing has tried to balance its claim over the island with favorable economic and trade policies, aiming to foster closer ties that could make it harder for Taiwan to break away

US Prez Biden signs sweeping aviation safety, reform bill into law

Biden has repeatedly clashed with air carriers, calling for new stricter consumer rules and harshly criticizing them for imposing fees

Nepal PM to take test of strength for fourth time amid Opposition protest

The latest vote of confidence comes after the withdrawal of support by the Janata Samajbadi Party Nepal and within 18 months of Dahal taking office

China's April industrial output rises 6.7% as manufacturing gathers pace

However, retail sales, a gauge of consumption, rose 2.3% in April, slowing from a 3.1% increase in March

South Africa urges UN's top court to order immediate cease-fire in Gaza

It was the third time the International Court of Justice held hearings on the conflict in Gaza since South Africa filed proceedings

India's technical assistance important, says Commonwealth chief

Patricia Scotland's remarks came as she hosted the 22nd Conference of Commonwealth Education Ministers meeting in London

Michael Cohen pressed on his crimes, lies in Trump hush money trial

Defence attorney Todd Blanche pressed Cohen for hours with questions that focused as much on his misdeeds as on the case's specific allegations

Asian stocks inch lower on uncertainty over timing of US rate cuts

Traders are pricing in 47 basis points of easing this year from the Fed, with a rate cut in November fully priced in

Indian Americans should run for office at all levels: Raja Krishnamoorthi

Whether you're Democrat, Republican, independent, I don't care as long as you recognise that you need to participate in the civic affairs of your country. And now is the time to do it, he asserted

Chinese biofuel firms invest in 'green' jet fuel, eye new blending rule

The world's second-largest aviation market, with about 11 per cent of global jet fuel use, China is expected to unveil this year its policy on sustainable aviation fuel (SAF) use for 2030

Use of frozen Russian assets for Ukraine must align with law, says Japan

Finance ministers from the Group of Seven major democracies will meet in Italy next week and will discuss the question of how revenues from the frozen Russian assets should be used

Trump presidency to risk $1 trn in clean energy investment, says WoodMac

This election cycle will really influence the pace of energy investment, both in the next five years and through 2050

Kim Jong Un's sister denies North Korea supplied weapons to Russia

Foreign experts believe North Korea's recent series of artillery and short-range missile tests were meant to examine or advertise the weapons it was planning to sell to Russia

Huawei backed research at US institutions becomes subject of House probe

Huawei, which is blacklisted by the US government, secretly funded a research competition that has awarded millions of dollars through the Optica Foundation

China's housing market crash could hurt millions of promising careers

The value of new-home sales from the 100 biggest real estate companies was down about 45% in April from a year earlier

Walmart shares surge, market value hits $500 billion as results impress

Its shares climbed 7 per cent, the most since March 2020, to close at an all-time high of $64

Boeing supplier Spirit AeroSystems to fire 450 after 737 production slows

The recent slowdown in the delivery rate on commercial programs compels a reduction to our workforce in Wichita, Spirit spokesman Joe Buccino said