Loading...
You are here:  Home  >  World News  -  Page 2
Latest

China to fully resume travel with Hong Kong, Macau on Feb. 6

By   /  February 3, 2023  /  World News  /  No Comments

By Farah Master and Twinnie Siu HONG KONG – China said on Friday that cross border travel between the mainland, Hong Kong and Macau would fully resume from Feb. 6, dropping existing quotas and scrapping a mandatory coronavirus (COVID) test that was required before traveling. Group tours between China and its two special administrative regions […]

Read More →
Latest

Canada monitoring potential second suspected spy balloon incident

By   /  February 3, 2023  /  World News  /  No Comments

CANADA’S DEFENSE ministry on Thursday said it detected a “high-altitude surveillance balloon” and was monitoring a “potential second incident” after United States (US) officials said a Chinese spy balloon was found lingering over the western US state of Montana. “A high-altitude surveillance balloon was detected and its movements are being actively tracked by NORAD (North […]

Read More →
Latest

Asian stocks pull back, dollar regains footing ahead of US payrolls data

By   /  February 3, 2023  /  World News  /  No Comments

By Stella Qiu SYDNEY – Asian shares turned lower and the dollar regained some of its footing on Friday, as disappointing earnings from US tech giants undermined sentiment ahead of a key US non-farm payrolls report. Overnight, markets sensed the end of the massive global tightening cycle, after policymakers in Britain and Europe signaled their […]

Read More →
Latest

HK seeks to woo visitors with 500,000 free flights

By   /  February 2, 2023  /  World News  /  No Comments

HONG KONG — Hong Kong leader John Lee unveiled on Thursday a promotion campaign that will include 500,000 free flights to lure back visitors, businesses and investors to the financial hub after more than three years of tough COVID-19 curbs. The “Hello Hong Kong” campaign was launched with dancers and flashing neon lights in the […]

Read More →
Latest

Cryptocurrency hacks stole record $3.8 billion in 2022

By   /  February 2, 2023  /  World News  /  No Comments

SEOUL — Last year was the worst on record for cryptocurrency heists, with hackers stealing as much as $3.8 billion, led by attackers linked to North Korea who netted more than ever before, a US-based blockchain analytics firm said in a report on Wednesday. The report by Chainalysis found hacking activity that “ebbed and flowed” […]

Read More →
Latest

Australia to replace monarch on banknote with design honoring indigenous culture

By   /  February 2, 2023  /  World News  /  No Comments

SYDNEY — Australia will replace the portrait of Queen Elizabeth II on its A$5 banknote with a new design to reflect and honor the history of its Indigenous culture, the country’s central bank said on Thursday. The decision follows consultation with the federal government, which supports the change, the Reserve Bank of Australia said in […]

Read More →
Latest

US uncovers global sanction evasion network supporting Russia

By   /  February 2, 2023  /  World News  /  No Comments

WASHINGTON — The United States on Wednesday imposed sanctions on 22 individuals and entities in multiple countries that it accused of being tied to a global sanctions evasion network supporting Russia’s military-industrial complex. The sanctions, which come as Washington looks to increase pressure on Moscow over its invasion of Ukraine, is part of US efforts […]

Read More →
Latest

Zara starts charging for clothing returns bought online in Spain

By   /  February 2, 2023  /  World News  /  No Comments

MADRID — Fashion giant Zara has started charging shoppers in Spain for returns of online purchases, the company announced on Wednesday, though store returns remain free. Customers now have to pay 1.95 euros ($2.13) if they wish to return pieces from home, with the cost deducted from their refund, Zara said on its Spanish website. […]

Read More →
Latest

Musk did not need Tesla board to review buyout tweets, directors testify

By   /  February 2, 2023  /  World News  /  No Comments

Tesla Inc’s board had no obligation to review CEO Elon Musk‘s 2018 tweets announcing a bid to take the electric car maker private, which investors allege were fraudulent, two independent directors testified at trial on Wednesday. Mr. Musk‘s Aug. 7, 2018 tweets sent Tesla stock soaring and after they fell back down, shareholders sued, alleging they lost money. But board members James Murdoch and Ira Ehrenpreis each said the tweets did not need to be vetted by […]

Read More →
Latest

US investors have plowed billions into China’s AI sector, report shows

By   /  February 2, 2023  /  World News  /  No Comments

WASHINGTON – US investors including the investment arms of Intel Corp. and Qualcomm Inc. accounted for nearly a fifth of investments in Chinese artificial intelligence companies from 2015 to 2021, a report showed on Wednesday. The document, released by CSET, a tech policy group at Georgetown University, comes amid growing scrutiny of US investments in AI, Quantum and semiconductors, as the Biden administration prepares […]

Read More →