Page 28 - World News
Asian stocks slip as investors await US rate cut, yen steadies after quake
The RBA, SNB and Bank of Canada are all expected to hold rates steady this week, while the Federal Reserve is widely expected to lower borrowing costs on Wednesday.
 "Asian stocks slip as investors await US rate cut, yen steadies after quake")
Rubio, Hegseth discuss Indo-Pacific security with Australian counterparts
Rubio, Hegseth, Australian Foreign Minister Penny Wong and Defence Minister Richard Marles gathered at the State Department, with many eyes also on the Russia-Ukraine war
 "Rubio, Hegseth discuss Indo-Pacific security with Australian counterparts")
12 FBI agents fired for kneeling during protest sue to get their jobs back
Lacking protective gear or extensive training in crowd control, the agents became outnumbered by hostile crowds they encountered and decided to kneel to the ground in hopes of defusing the tension
 "12 FBI agents fired for kneeling during protest sue to get their jobs back")
Trump proposing $12 bn aid for farmers hit hard by trade war with China
Farmers have backed Trump politically, but his aggressive trade policies and frequently changing tariff rates have come under increasing scrutiny because of the impact on the agricultural sector
 "Trump proposing $12 bn aid for farmers hit hard by trade war with China")
Trump allows Nvidia to ship H200 AI chips to China, aims to keep US ahead
The controlled sale of Nvidia's H200 chips to China will carry a 25% US charge, with Trump arguing that the plan safeguards innovation, supports workers and keeps America ahead in the global AI race
 "Trump allows Nvidia to ship H200 AI chips to China, aims to keep US ahead")
Boeing completes $4.7 bn purchase of 737 Max supplier Spirit AeroSystems
Boeing previously owned Wichita, Kansas-based Spirit but spun it off in 2005. Reabsorbing the company, which is not related to Spirit Airlines, reverses a longtime Boeing strategy
 "Boeing completes $4.7 bn purchase of 737 Max supplier Spirit AeroSystems")
Top manager exits Warren Buffett's Berkshire as new CEO Abel names team
One of its two investment managers besides Buffett who has also served as CEO of Geico for several years, Todd Combs, and longtime Chief Financial Officer Mac Hamburg are both departing
 "Top manager exits Warren Buffett's Berkshire as new CEO Abel names team")
China Politburo makes boosting domestic demand top priority for 2026
Top leaders pledged to strengthen "cross-cyclical" policy adjustments - the first time that phrase signaling longer-term planning had appeared in a Politburo readout since December 2023
 "China Politburo makes boosting domestic demand top priority for 2026")
Fed may find itself in a bind as it sets stage for Powell's successor
Trump wants lower borrowing costs in particular to boost the housing sector as a way to address broader concerns about affordability that could be central to midterm elections
 "Fed may find itself in a bind as it sets stage for Powell's successor")
7.6-magnitude earthquake hits near Japan coast, triggers tsunami warnings
There have been no reports of significant impact on infrastructure, and no issues identified at nearby nuclear power stations so far
 "7.6-magnitude earthquake hits near Japan coast, triggers tsunami warnings")
No accord yet on Ukraine's east in US talks: Ukrainian President Zelenskyy
Zelenskiy said his country needed unity between its main allies to secure an agreement
 "No accord yet on Ukraine's east in US talks: Ukrainian President Zelenskyy")
Paramount Skydance makes $108 billion hostile bid for Warner Bros
The offer, which is worth $82.7 billion including debt and comes with a $5.8 billion break-up fee from Netflix, is likely to face strong antitrust scrutiny
 "Paramount Skydance makes $108 billion hostile bid for Warner Bros")
China's trade surplus hits $1.08 tn in 11 months, beating earlier record
The overall surplus through the first 11 months of the year is up 21.7 percent from the same period last year
 "China's trade surplus hits $1.08 tn in 11 months, beating earlier record")
From Nobel to Grammy winners: People who defined excellence in 2025
Maria Corina Machado's Peace Prize and Kendrick Lamar's Grammy triumph capture how 2025 honoured both democratic resistance and cultural reinvention
 "From Nobel to Grammy winners: People who defined excellence in 2025")
China's 5,600 m mining leap: Inside the world's highest unmanned site
China is developing the world's highest unmanned mine in Xinjiang, using driverless trucks to work safely at 5,600m, where low oxygen and rough terrain make human work risky
 "China's 5,600 m mining leap: Inside the world's highest unmanned site")
After jewel heist, Louvre faces fresh blow as water leak damages 400 works
The museum's deputy administrator said at least 300-400 works, mostly books, were affected by the water leak, and that the count was ongoing
 "After jewel heist, Louvre faces fresh blow as water leak damages 400 works")
China's trade surplus hits record high, crosses $1 trn for first time
China's exports were up 5.9 per cent from last year, higher than expected, while imports rose only 1.9 per cent, creating a monthly surplus of $112 billion
 "China's trade surplus hits record high, crosses $1 trn for first time")
Why ByteDance's AI phone is getting blocked by China's biggest apps
ByteDance's Doubao-powered AI phone is facing app blocks over broad permissions and data risks; the episode is exposing a bigger fight among China's tech giants for users and control
 "Why ByteDance's AI phone is getting blocked by China's biggest apps")
As tensions flare on Israel-Lebanon border, communities struggle to rebuild
The Israeli strikes into southern Lebanon continue, with several a week. Hezbollah has refused to completely disarm until Israel fully withdraws
 "As tensions flare on Israel-Lebanon border, communities struggle to rebuild")
UN aid agency cuts appeal for 2026 to $33 bn after lowest annual support
The United Nations Office for the Coordination of Humanitarian Affairs said Monday it was seeking $33 billion to help some 135 million people cope with fallout from wars
 "UN aid agency cuts appeal for 2026 to $33 bn after lowest annual support")
