Tue, 03 Oct 2023

Demand for U.S. dollar soars Monday as Treasury yields rise

NEW YORK, New York - The U.S. dollar jumped sharply on Monday, extending its recent months-long rally.The euro crumbled to ...

United Airlines' pilots sign new contract for better pay, benefits

CHICAGO, Illinois: On September 29, the union representing United Airlines' pilots said its members had ratified a new four-year contract, ...

Slow economy means fewer Chinese travel abroad for holidays

SHANGHAI, China: Chinese officials report that 100 million people are traveling daily during the ongoing Golden Week holiday. Three times ...

New $5.2 billion battery factory to be built in Canada

STOCKHOLM, Sweden: Swedish lithium-ion battery producer Northvolt announced this week that it would build a $5.2 billion gigafactory in the ...

California fast food restaurants ordered to pay staff $20 an hour

SACRAMENTO, California: Fast food workers will now receive $20 per hour in California, after the governor signed a fast food ...

In $10 billion deal, China Eastern Airlines to acquire 100 more planes

BEIJING, China: In a deal worth US$10 billion at list prices this week, state-owned carrier China Eastern Airlines announced that ...

China says Evergrande chairman being investigated for 'illegal crimes'

BEIJING, China: This week, China Evergrande Group said its founder and chairman, Hui Ka Yan, is being investigated over suspected ...

Trial starts in California of Tesla Model 3 Autopilot fatality

RIVERSIDE COUNTY, California: In his opening statement this week in the first U.S. trial over allegations that a car autopilot ...

FTC takes Amazon to court for monopolizing online marketspace

SEATTLE, Washington: As part of Washington's efforts to stop Big Tech from monopolizing the most lucrative parts of the internet, ...

Saudia Arabia welcomes EV maker Lucid's first international factory

JEDDAH, Saudi Arabia: As part of Riyadh's efforts to further Saudi Arabia's electrification drive, electric vehicle (EV) maker Lucid announced ...

U.S. stock markets finish Friday mixed over Congress mayhem

NEW YORK, New York - Stock prices were punctured Friday bringing to an end the 'flash in the pan' rally ...

Fire risks force Hyundai, Kia to recall 3.37 million vehicles in US

WASHINGTON D.C. Due to internal brake fluid leaks that can cause an electrical short and could lead to engine fires, ...

US adds three Chinese companies to entities using Uyghur forced labor

WASHINGTON D.C. As part of its efforts to remove goods made by Uyghur forced labor from the U.S. supply chain, ...

Global aluminum output at record high in August with demand from China

LONDON, UK: In August, global production of primary aluminum hit an all-time high, with production running at an annualized rate ...

U.S. stocks rise as dollar loses steam

NEW YORK, New York - Easing pressure on U.S. Treasury yields boost stocks on American markets Thursday. Gains however were ...

Ford puts Michigan EV battery plant work on hold due to union issues

DEARBORN, Michigan: Due to concerns about its ability to operate competitively while it is locked in broader union contract negotiations, ...

Air Canada to acquire 18 787 Dreamliners from Boeing

OTTAWA, Canada: As part of its plan to capitalize on strong travel demand and deploy fuel-efficient airplanes, this week, Air ...

Adidas launches newest running shoes costing $500

LONDON, UK: This week, Adidas' newest running shoes, the Adizero Adios Pro Evo 1, went on sale for US$500. Worn ...

China-ASEAN Expo continues to bear fruit for Malaysia's economy

© Provided by Xinhua KUALA LUMPUR, Oct. 3 (Xinhua) -- Malaysia continues to benefit greatly from its economic engagement with ...

Trump Faces Loss of Control of Business Entities in New York

Former President Donald Trump appeared in a New York state court on Monday, where a judge is considering a case ...

Serbia Reduces Army Presence Near Kosovo After US Expressed Concern

BELGRADE, Serbia - The Serbian army has cut the number of troops stationed on the border with Kosovo by nearly ...

Trump Slams Judge, Prosecutor as New York Business Fraud Case Opens

NEW YORK - Former U.S. President Donald Trump appeared Monday at the opening of his New York civil trial accusing ...

Victory depends on cooperation, Zelenskyy tells EU foreign ministers

Kyiv [Ukraine], October 2 (ANI): Ukraine's President Volodymyr Zelenskyy in his meeting with European Union foreign ministers, who are visiting ...

Vietnam posts trade surplus at 21.68 bln USD in 9 months

HANOI, Oct. 2 (Xinhua) -- Vietnam recorded a trade surplus of 21.68 billion U.S. dollars in the first nine months ...

China optimizes policies for healthy development of real estate sector

© Provided by Xinhua BEIJING, Oct. 2 (Xinhua) -- China has been actively rolling out policies to cater to the ...

China-ASEAN Expo continues to bear fruit for Malaysia's economy: official

KUALA LUMPUR, Oct. 2 (Xinhua) -- Malaysia continues to benefit greatly from its economic engagement with China via the China-ASEAN ...

Philippines' debt rises to 252.6 bln USD in end-August

MANILA, Oct. 2 (Xinhua) -- The Philippines' debt rose to 14.35 trillion pesos (252.6 billion U.S. dollars) as of the ...

We have second largest road network in world: Nitin Gadkari at World Road Congress

Prague [Czech Republic], October 2 (ANI): Union Road Transport and Highways Minister Nitin Gadkari on Monday said that India has ...

Trump Arrives at Court for New York Trial

NEW YORK - With control over some of his most prized real estate holdings in jeopardy, former President Donald Trump ...

Slovakia: An Election Result That Embodies Ukraine Fatigue

PRAGUE -- In many ways, this weekend's parliamentary election results in Slovakia were the first true political embodiment of Ukraine ...

Australia's home value index continues rising in September

SYDNEY, Oct. 2 (Xinhua) -- Australia's home value index (HVI) rose 0.8 percent in September, slightly higher than the revised ...

Trump Says He Will be in Courtroom for New York Trial

NEW YORK - With control over some of his most prized real estate holdings in jeopardy, former President Donald Trump ...

Ukraine welcomes EU foreign ministers for meeting in Kyiv

Kyiv [Ukraine], October 2 (ANI): Ukraine's Minister of Foreign Affairs, Dmytro Kuleba on Monday welcomed European Union Foreign Ministers for ...

Kristalina Georgieva and Ajay Banga to address debt resilience in developing countries

Marrakech [Morocco], October 2 (ANI): The International Monetary Fund (IMF) and the World Bank are set to lead discussions on ...

World Bank cuts Malaysia's 2023 growth rate to 3.9 pct

KUALA LUMPUR, Oct. 2 (Xinhua) -- The World Bank on Monday cut Malaysia's 2023 economic growth to 3.9 percent from ...

Malaysia's manufacturing PMI down to 46.8 in September

KUALA LUMPUR, Oct. 2 (Xinhua) -- The seasonally adjusted S&P Global Malaysia Manufacturing Purchasing Managers' Index (PMI) posted 46.8 in ...

Tokyo stocks end lower on concerns over U.S. yield rises

TOKYO, Oct. 2 (Xinhua) -- Tokyo stocks closed lower on Monday amid concerns over rising U.S. long-term interest rates. Japan's ...

BMI sees Malaysia on track for fiscal consolidation

KUALA LUMPUR, Oct. 2 (Xinhua) -- BMI, a FitchSolutions company said Monday that it sees Malaysia on track for fiscal ...

1st LD Writethru: World Bank projects 5.1 pct growth for China in 2023

WASHINGTON, Oct. 1 (Xinhua) -- The World Bank on Sunday projected a 5.1 percent growth for the Chinese economy in ...

World Bank retains Cambodia's growth forecast at 5.5 pct in 2023

PHNOM PENH, Oct. 2 (Xinhua) -- The World Bank maintained its economic growth forecast for Cambodia at 5.5 percent in ...

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International

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ASEAN leadership: Members refuse Myanmar's leadership in 2026

JAKARTA, Indonesia - According to Asian diplomats and the Philippines' president, Southeast Asian leaders have decided that Myanmar will not ...

New video taken in Pacific shows 3 sunk WWII aircraft carriers

NEW LONDON, Connecticut: Video footage taken deep in the Pacific Ocean provided the first detailed view of three World War ...

Annual bison roundup conducted at Custer State Park, South Dakota

CUSTER STATE PARK, South Dakota: As part of an annual effort to maintain the health of the species, which has ...

Uzbek capital Tashkent hit by blast, one dead, 162 injured

TASHKENT, Uzbekistan: Uzbek authorities said a powerful explosion on September 28 at a warehouse near Tashkent's airport killed one person ...

Unidentified winner claims Florida's $1.6 billion lottery

TALLAHASSEE, Florida: The Florida Lottery said this week that the second-largest lottery winner in U.S. history has come forward to ...

Survey retains New York as world's top financial center, London second

LONDON, UK: This week, the Global Financial Centers index showed that New York remains the world's leading financial center, with ...

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Abbott Ireland announces expansion plans, new jobs

DONEGAL, Ireland - Announcing plans to expand its workforce in Donegal, the U.S. healthcare giant Abbott unveiled plans to create 500 new jobs in the country.Abbott Ireland currently hires c ...

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