BEIJING: The United States and China looked to set up a safety net for their intensifying rivalry during a visit to Beijing by Secretary of State Antony Blinken, but the trip achieved only general promises and no breakthroughs on hoped-for military talks and flashpoint issues. Both President Xi Jinping, who […]
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BERLIN: Chancellor Olaf Scholz hosts Premier Li Qiang for talks on Tuesday (Jun 20), seeking to recalibrate cooperation between Germany and China after Berlin branded Beijing a “systemic rival”. Li is on his first trip abroad since he was named premier in March and tasked with shoring up China’s sputtering […]
SINGAPORE: The US dollar rose broadly today and notched a seven-month high against the yen, while the yuan slipped after China cut two benchmark lending interest rates for the first time in 10 months. China today lowered its one-year and five-year loan prime rates (LPR) by 10 basis points, as […]
Scientists suggest strange swirls across the outer layer of the brain might be used to link different parts of it together and help process information faster. Mysterious, spiral signals have been discovered in the human brain, and the scientists who found the swirls think they could help to organize complex […]
ROME : Italy’s government has ruled that China’s Sinochem cannot designate the chief executive of tyremaker Pirelli despite being its main shareholder with a 37 per cent stake, a source familiar with the matter told Reuters on Saturday. The decision is part of the measures announced this week by Rome’s […]
LONDON: Britain’s King Charles III Charles inspected the troops at his inaugural birthday parade on horseback on Saturday (Jun 17), the first time the monarch has ridden at the event since his mother, Queen Elizabeth II, in 1986. The annual Trooping the Colour parade marks the British sovereign’s official birthday. […]
TOKYO : Japan plans to stoke competition in smartphone app payments, dominated by Apple and Google, by banning major app store operators from forcing software developers to use the operators’ own payment systems, a government panel said. The final report by the panel, released on Friday, also said major suppliers […]
MOSCOW: Russia on Saturday (Jun 17) said it had destroyed three drones targeting an oil refinery in the southern border region of Bryansk, as Ukraine pursues its counteroffensive against Russian forces. “Russian air defence systems repelled an overnight attack by the Ukrainian armed forces on the ‘Druzhba’ oil refinery in […]
Electric-vehicle startups from Nikola to Lordstown Motors were set on Friday to extend a blistering rally in their shares that has put the cash-strapped companies on track for hefty weekly gains. The winning streak has come without any apparent news or catalyst for the companies, leading several analysts and traders […]
ENSCHEDE (Netherlands): Substitute Joselu scored a fortunate winner three minutes from the end as Spain booked their place in a second successive Nations League final with a deserved 2-1 victory over Italy today. Coach Luis de la Fuente’s side will meet Croatia in Sunday’s decider in Rotterdam having lost to […]