Page 812 - World News

Fed policymakers likely to project fewer rate cuts next year, and why

It may not be all that surprising that a growth upgrade for next year may be back in the cards again this week when Fed policymakers gather to deliver what is expected to be a third interest rate cut

Battle erupts over South Korean court that will determine fate of Yoon

Three of the court's nine justices are directly appointed by the president. Three others are nominated by the Supreme Court head and another three by the National Assembly, and their appointments

Oil dips on demand concerns, focus on US Fed interest rate decision

Brent crude futures eased 32 cents to $73.59 a barrel at 0949 GMT, while US West Texas Intermediate crude was down 44 cents at $70.27 a barrel

Nvidia CEO Jensen Huang sees $76 bn wealth surge, trails Musk, Zuckerberg

Nvidia CEO Jensen Huang gained $76 bn in 2024, driven by Nvidia's AI dominance. With a $115 bn net worth, he ranks third in wealth growth, trailing Musk and Zuckerberg

Why are 70,000 Chinese electric vehicles clogging the Brazilian port?

The backlog of vehicles at Brazilian ports stems from Chinese manufacturers rushing to deliver EVs ahead of the recently reinstated import tariffs as high as 35 per cent

China's largest corruption case: Li Jianping executed for $421 mn fraud

Li Jianping was convicted of embezzling over three billion yuan, or approximately $421 million, in illegal gains

What is Salt Typhoon, the China-linked cyberattack shaking US telecom?

US authorities said the operation aimed to give Chinese actors persistent access to American telecom networks by exploiting vulnerabilities in devices such as routers and switches

Answer to stopping tragedy is to reach ceasefire: US on Israel-Hamas

Miller refused to offer comments on a report by Israeli Maariv Newspaper which said that Egypt has reached on an agreement with the Hamas

Can, but have not blocked any VPNs: Pakistan's telecommunication authority

It was announced by the Pakistan Telecommunication Authority (PTA) chairman Hafizur Rehman on Monday while addressing the launch of the regulator's 'Annual Report'

VW, unions resume last-ditch round of talks for the year on cost cuts

Talks ended after around 13 hours of negotiation in the early hours on Tuesday without a deal but would resume mid-morning, a spokesperson for IG Metall union said

Beijing urges Trump administration to make 'right choice' on US-China ties

The remarks followed President-elect Trump telling his first news conference since his election victory six weeks ago that Chinese President Xi Jinping had been a friend

US army says it bombed Houthi military facility in Yemen's capital

Houthi media office said the strike hit part of the sprawling complex that houses the rebels' Defence Ministry, there were no immediate reports of casualties

Pakistan PM Shehbaz, Army chief Munir discuss security issues in country

It was decided that no leniency will be shown for those who killed security personnel and destroyed state property, the source said

Australian state mulling protest ban at worship sites to check antisemitism

Victoria Premier Jacinta Allan proposed the new laws after arsonists damaged a Melbourne synagogue this month

South Korean court sees strife as it is to decide fate of impeached Prez

The country's liberal opposition-controlled parliament voted to impeach Yoon last Saturday over his short-lived December 3 martial law imposition, suspending his presidential powers

Trudeau names LeBlanc as Canada's new finance minister with govt in chaos

LeBlanc was sworn in during a late afternoon ceremony in Ottawa. The 57-year-old has been serving as public safety minister

Canada govt adrift after finance minister resigns, Trump tariffs loom

Freeland had headed a special cabinet committee on Canada-US relations and was working closely with the 10 provinces to ensure a united response

Iran puts brakes on hijab laws amid backlash, President hints at law reform

Debate reignites as Iranian police detain Parastoo Ahmadi over her hijab-less performance in an online concert

Bomb kills chief of Russian nuclear protection forces in Moscow; probe on

Lieutenant General Igor Kirillov, who is chief of Russia's Nuclear, Biological and Chemical Protection Troops, was killed outside an apartment building

Alibaba to sell intime department stores for $1 billion amid restructuring

The deal comes as Alibaba looks to shift focus from its dominance in China's retail sector to its core e-commerce and cloud operations