Markets round-up: Escalating Middle East tensions deepen weekly slump Global markets are poised for a third consecutive weekly decline as tensions rise in the Middle East. Investors are flocking to safe-haven assets, especially gold and silver, amplifying their surge as ... 04/18/2024 - 8:55 pm | View Link
The Future of Asian Finance In spring 1988, a bank in the Shenzhen Special Economic Zone, established eight years earlier in southern China near the border with Hong Kong SAR, began to buy and sell shares in local companies ... 04/18/2024 - 12:53 pm | View Link
Tesla’s Value Dips Below $500 Billion in Blow to Stock Bulls Tesla Inc. shares extended their decline for 2024, pushing the electric-vehicle maker’s market valuation briefly below $500 billion, as a round of job cuts this week underscored how much the company’s ... 04/16/2024 - 5:12 am | View Link
Global Shares Mirror Wall Street Slump Triggered by Robust US Spending Data Global stock markets experienced a notable downturn on Tuesday, triggered by a slump on Wall Street following reports of higher-than-expected spending by American consumers. Investors grew concerned ... 04/15/2024 - 11:44 pm | View Link
Stock market today: Wall Street rises to recover some of last week’s loss as oil prices ease Slower demand from China, combined with forecasts that growth in supply is outpacing demand, has kept prices in check. “While the drone attack has grabbed headlines, its immediate impact on global ... 04/14/2024 - 1:00 pm | View Link
Decorated Chinese athlete He Jie had been stripped of his Beijing half-marathon win Friday after an investigation found that the three African runners who competed alongside him had “actively slowed down” to let him cross the finish line first during the race on Sunday, April 14.
He won the 21 km.
ISLAMABAD — An important ally of Pakistani Prime Minister Shehbaz Sharif demanded the government lift a two-month-old ban on the social media platform X, saying on Friday that it violates citizens’ right to speech and expression.
The ban on X has been in place since February, when the party of imprisoned former Prime Minister Imran Khan announced a nationwide protest against alleged election rigging ahead of the Feb.
BEIJING — San Francisco is the latest U. S. city preparing to receive a pair of pandas from China, in a continuation of Beijing’s famed “panda diplomacy.”
San Francisco Mayor London Breed announced the panda loan in Beijing on Friday, alongside officials from China Wildlife Conservation Association, or CWCA. It will be San Francisco’s first time hosting the beloved animals long-term—the result of a yearlong advocacy campaign, Breed said.
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San Diego previously announced it was receiving two pandas back in February.
China is home to the only natural habitat for pandas and owns most of the black-and-white bears in the world.
Earlier this month, two Indian writers published an ode to their Prime Minister, Narendra Modi. Written in lyric form and titled “Forever In Our Hearts,” it recounts his achievements while singing his praises in highly effusive language. “With courage and wisdom/you show citizens the way,” it gushes. “Oh Modi, oh Modi/their hopes never sway/A people’s beacon, in whom they see light/Oh Modi, oh Modi, guiding day and night.”
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Such reverence captures the essence of Modi’s popularity.
The U. S. blocked on Thursday a draft resolution that would have allowed the United Nations General Assembly to vote on allowing a Palestinian state to become a full member state of the U. N. The move has triggered backlash from other states and pro-Palestinian groups, as global divisions continue to sharpen over Israel’s war on Gaza.
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The U.
Apple Inc. said that it removed Meta Platforms Inc.’s WhatsApp and Threads from its China apps store after an order from the country’s internet regulator, which said the services pose risks to the country’s security.
The order comes on the heels of a cleanup program Chinese regulators initiated in 2023 that was expected to remove many defunct or unregistered apps from domestic iOS and Android stores.