Page 903 - World News

US markets set for best week this year on Trump win, interest rate cut

Expectations of lower corporate taxes and looser regulations under Republican Donald Trump helped the S&P 500 and Dow notch intraday record highs for the third straight session

European banking industry braces for tougher competition under Trump 2.0

JPMorgan, Goldman Sachs and Morgan Stanley shares all soared while the STOXX Europe 600 Banks index is down more than 1% for the week

US banks to gain from looser capital, merger policies under Trump admin

The President-elect's picks are likely to further dilute the contentious Basel III endgame proposal aimed at requiring big lenders to hold more capital to safeguard against soured loans

Swiss burqa ban: What it means as new law takes effect from January 2025

The Swiss government has clarified that the burqa ban will not apply universally

China likely to unveil much-anticipated economic stimulus package

The central bank loosened restrictions on borrowing in late September, sparking a stock market rally, but economists say the government needs to do more to ignite a sustained recovery

After Donald Trump's election win, many Americans research moving abroad

Late Wednesday evening on the US East Coast, Google searches about emigrating were hitting all-time highs for all three countries, according to a Google official

No winners in trade, industrial wars, says China's ambassador to US

Trump's return could revive issues from his first presidency, when he initiated a bruising trade war with the world's second-largest economy in 2018

How Donald Trump's win could boost Musk's & Bezos' India ambitions

Donald Trump's return to the White House may bring potential advantages for Elon Musk and Jeff Bezos, as his policies favouring US companies could create a conducive environment for them

Court cancels US govt's scheme guarding immigrant spouses from deportation

Barker ruled Thursday that the Biden administration had overstepped its authority by implementing the program and had stretched the legal interpretation of relevant immigration law

Trump built a new coalition that won more Latino & African American voters

US Presidential Election 2024 challenged the nothing of people of colour forming a monolithic voting bloc that only cared for social issues

Donald Trump picks Susie Wiles as chief of staff: What is the role about?

Trump's chief of staff pick, Susie Wiles, will oversee White House strategy, coordination, and policy decisions

Thailand to pursue new policies to boost, protect digital economy

The government is supporting the use of artificial intelligence to strengthen the agriculture sector and increase exports to China, she added

Israeli settlement named after Trump hopes for opportunity after election

Trump's election has inspired hope in the community that it will attract more members and also more funding for security improvements

Who is Susie Wiles? Meet Donald Trump's pick for first woman Chief of Staff

Donald Trump's first big post-election move makes history as Susie Wiles steps in as the first woman ever to serve as White House chief of staff

VIDEO: Israeli fans attacked in Amsterdam after football match; 10 injured

Amsterdam police detained several individuals for rioting. However, officials did not confirm whether those arrested were football fans or associated with pro-Palestinian protests

Putin congratulates Trump on election win; says Moscow ready for talks

Vladimir Putin had also praised Trump for displaying courage during the assassination attempt at a campaign rally in Butler, Pennsylvania, on July 14

Fire breaks out at Sydney Airport as Qantas flight makes emergency landing

Qantas did not say how many passengers were on board the twin jet Boeing 737-800 bound for Brisbane when the engine failed with a loud bang

White House blames 'global headwinds' for Kamala Harris election loss

White House Press Secretary Karine Jean-Pierre has said that Biden and Harris have accepted the election results, and one cannot re-write history

Boeing to repay lost wages to furloughed employees, proceed with job cuts

Boeing on Monday won ratification of a contract giving its machinists a 38 per cent pay hike over four years and a $12,000 bonus, ending the strike

Explained: How Trump could influence the makeup of the Federal Reserve

Powell's term as chair expires in May 2026, and Trump will have an opportunity to install a new Fed chief then