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China adviser warns chipmaking export curbs are 'just a start', as Yellen visit looms
China adviser warns chipmaking export curbs are 'just a start', as Yellen visit looms
BEIJING/SHANGHAI China's export controls on metals used in making semiconductors are "just a start", an influential trade policy
2023-07-05 13:50
Asian shares lower on growth concerns, focus shifts to Fed minutes
Asian shares lower on growth concerns, focus shifts to Fed minutes
By Stella Qiu SYDNEY Asian shares fell on Wednesday after a slowdown in China's services activity dented sentiment
2023-07-05 13:48
Analysis-Out-of-sync U.S. stocks hide market risks
Analysis-Out-of-sync U.S. stocks hide market risks
By Saqib Iqbal Ahmed NEW YORK U.S. stocks' tendency to move in sync has plunged to near-record lows,
2023-07-05 13:28
Singapore’s MAS Pumps $6 Billion into Climate Transition
Singapore’s MAS Pumps $6 Billion into Climate Transition
The Monetary Authority of Singapore has set aside about 2% of its equities portfolio or just over S$8
2023-07-05 13:19
Ukraine-Russia war – live: Kyiv says gains made against Putin’s forces in ‘fruitful’ days of counteroffensive
Ukraine-Russia war – live: Kyiv says gains made against Putin’s forces in ‘fruitful’ days of counteroffensive
Ukraine has made gains against Vladimir Putin’s forces in a “particularly fruitful” few days in the war with Russia, a top official has said. Oleksiy Danilov, one of Ukraine’s most senior security officials, said Ukraine’s army were achieving their “main tasks” as he spoke about the counteroffensive on Tuesday. “At this stage of active hostilities, Ukraine’s Defense Forces are fulfilling the number one task - the maximum destruction of manpower, equipment, fuel depots, military vehicles, command posts, artillery and air defence forces of the Russian army,” Mr Danilov wrote on Twitter. “The last few days have been particularly fruitful,” he said, without providing any details from the battlefield. His comments come after Ukraine’s president Zelensky said on Monday his troops had made progress after a “difficult” week. Ukraine said on Monday its troops had regained more ground on the eastern and southern fronts although deputy defence minister Hanna Maliar said fighting had surged around the eastern city of Bakhmut, captured by Russian forces in May. Maliar said the Ukrainian military had taken back 37.4 square kilometres of territory in the past week. Read More Vladimir Putin claims Russia ‘united as never before’ as prominent journalist is beaten Ukrainians honor award-winning writer killed in Russian missile attack on restaurant Putin claims Russia is united than ever just days after Wagner troops march on Moscow Georgia condemns Ukraine for its protests over health of former president Saakashvili
2023-07-05 12:59
What to expect during the ranked choice voting count in New York City Council races
What to expect during the ranked choice voting count in New York City Council races
New York City elections officials will begin releasing preliminary results Wednesday from ranked choice voting in last week’s City Council primaries
2023-07-05 12:56
Suspect accused of killing 5 in Philadelphia shooting set for arraignment today
Suspect accused of killing 5 in Philadelphia shooting set for arraignment today
A suspect held on suspicion of killing five people in a shooting where pedestrians and vehicles were fired at in southwestern Philadelphia on Monday night is scheduled to be arraigned Wednesday on murder charges, a district attorney said.
2023-07-05 12:53
Fed Minutes to Offer Hints on ‘Awkward’ Pause-and-Hike Message
Fed Minutes to Offer Hints on ‘Awkward’ Pause-and-Hike Message
The Federal Reserve on Wednesday will shed some light on the discussions at their June meeting that left
2023-07-05 12:29
Trump's dominance of GOP field has America bracing for a toxic campaign
Trump's dominance of GOP field has America bracing for a toxic campaign
As America celebrated its independence, while divided on the true nature of its values, it also braced for a toxic presidential campaign likely to deepen its political trauma and again push the election system to its limits.
2023-07-05 12:23
Biden is hosting Swedish prime minister at the White House in a show of support for NATO bid
Biden is hosting Swedish prime minister at the White House in a show of support for NATO bid
President Joe Biden plans to host Sweden’s prime minister at the White House on Wednesday in a show of solidarity as the United States presses for the Nordic nation’s entry into NATO, a week before the alliance's summit. Biden and Prime Minister Ulf Kristersson will “review our growing security cooperation and reaffirm their view that Sweden should join NATO as soon as possible,” the White House said a statement announcing the meeting. The leaders also will discuss the war in Ukraine and matters involving China. Sweden and neighbor Finland ended their longstanding policy of military nonalignment after Russia invaded Ukraine in February 2022. Both applied for NATO membership, seeking protection under the organization’s security umbrella. Finland, which shares a more than 800-mile or 1,300-kilometer border with Russia, joined NATO in April. But Sweden, which has avoided military alliances for more than 200 years, has seen its ascension delayed by Turkey and Hungary; NATO requires the unanimous approval of all members to expand. NATO had hoped the road to Sweden’s membership would be smoothed out before the alliance’s summit July 11-12 in Vilnius, the capital of Lithuania. Sweden’s entry would be a symbolically powerful moment and the latest indication of how Russia’s war is driving countries to join the alliance. Those hopes have dimmed. Turkish President Recep Tayyip Erdogan has resisted, with his government accusing Sweden of being too lenient toward groups that it says pose a security threat, including militant Kurdish organizations and people associated with a 2016 coup attempt in Turkey. Last week, he condemned Sweden over a Quran-burning protest. Swedish police allowed the protest outside a mosque in central Stockholm, citing freedom of speech after a court overturned a ban on a similar Quran-burning. NATO Secretary-General Jens Stoltenberg said he would gather senior officials from Turkey, Sweden and Finland on Thursday to try to overcome Turkey’s objections. Hungary also has yet to ratify Sweden’s bid. Hungarian lawmakers said a long-delayed parliamentary vote on that would not happen until the autumn legislative session. Hungarian Prime Minister Viktor Orban’s government has alleged that Swedish politicians have told “blatant lies” about the condition of Hungary's democracy. High-ranking Hungarian officials have said they support Sweden’s membership bid while also making vague demands from Stockholm as conditions for approval. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide
2023-07-05 12:19
The Texas shooter in a racist Walmart attack is going to prison. Here's what to know about the case
The Texas shooter in a racist Walmart attack is going to prison. Here's what to know about the case
The Texas gunman who killed 23 people in a racist 2019 attack at a Walmart is returning to federal court for sentencing
2023-07-05 12:17
Stock market today: Asia sinks after survey shows China activity weakening
Stock market today: Asia sinks after survey shows China activity weakening
Asian stock markets are lower after a survey showed Chinese industrial activity weakening
2023-07-05 12:16
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