Business
China banks cut deposit rates to aid margins, drive spending
MAJOR Chinese banks cut deposit rates again, in the latest efforts to preserve their shrinking profitability and drive consumers to spend…
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Business
CATL’s strong Hong Kong debut boosts outlook for Chinese companies’ fundraising
Shares in CATL closed 16 per cent higher on their Hong Kong debut on Tuesday (May 20) after the Chinese electric vehicle battery giant…
Business
Nippon Steel boosts investment pledge for proposed US Steel deal
Trump has ordered another CFIUS review of the national security implications of the combination of both companies Nippon Steel has…
Business
China’s central bank cuts two key rates to historic lows
China’s central bank on Tuesday (May 20) cut two key interest rates to historic lows, as Beijing battles to stimulate its economy amid…
Business
Huawei unveils in-house operating system to replace Windows
HUAWEI Technologies debuted its first in-house operating system for personal computers, offering an alternative to Microsoft’s Windows as…
Business
Stocks to watch: DFI Retail Group, Q&M Dental Group, Aoxin Q&M, Ossia International
The following companies saw new developments that may affect trading of their securities on Tuesday (May 20). DFI Retail Group: The…
Business
Local building boom will fuel growth, says top Vietnam steelmaker
Vietnam’s top steelmaker Hoa Phat Group is counting on the nation’s rising economic growth and massive infrastructure projects from…
Business
Can Sam Altman Be Trusted with the Future?
In 2017, soon after Google researchers invented a new kind of neural network called a transformer, a young OpenAI engineer named Alec…
Business
After rocky week, Coinbase becomes first crypto exchange to join the S&P 500
Coinbase on Monday became the first cryptocurrency exchange to join the Standard & Poor’s 500 index, marking a pivotal moment for the…
News
Argentina's farmers describe 'sea of water' after downpour hits harvest
By Maximilian Heath BUENOS AIRES (Reuters) -Argentina's agricultural heartland has been lashed by heavy rains in recent days, leaving some…
Business
Resurrecting Hudson’s Bay, in a Limited Way
Hudson’s Bay is liquidating all of its stores but won’t completely disappear from the Canadian retail landscape. The Canadian Tire Corp.…
News
Defiant Tanzanian opposition leader Tundu Lissu appears in court
Tanzania's main opposition leader Tundu Lissu has appeared in court for the first time since his arrest on treason charges last month,…
Beauty
Unilever Invests 80 Million Pounds in Fragrance Research, Development in the U.K.
LONDON — Unilever is investing 80 million pounds in the U.K., with plans to build a state-of-the-art fragrance research and development…
News
UN court backs E Guinea in Gabon dispute over islands in oil-rich waters
The United Nation's top court has sided with Equatorial Guinea in a row with Gabon over three islands in potentially oil-rich waters. The…
Business
Billionaire Richard Li's FWD Group again files for Hong Kong listing
Its previous attempts to go public were scuttled by regulatory delays and market volatility Group, a Hong Kong-based insurer backed by…
Culture
Daisy Edgar-Jones Glitters in Custom Gucci, Halle Berry Puts Feminine Spin on Suiting in Chanel and More From ‘The Phoenician Scheme’ Cannes Film Festival Premiere
The Cannes Film Festival continued on Sunday with the premiere of “The Phoenician Scheme.” The film is the latest from director Wes…
News
Tanzania's most prominent opposition leader appears in court on charges of treason
DAR ES SALAAM, Tanzania (AP) — Tanzania's most prominent opposition leader appeared in court Monday to face treason charges after calling…
Business
US: Wall St opens lower after Moody's rating cut; yields rise
Wall Street’s main indexes opened lower on Monday (May 19) as Treasury yields rose after Moody’s downgraded the US sovereign rating,…
Business
23andMe sells gene-testing business to DNA drug maker Regeneron
Bankrupt genetic-testing firm 23andMe agreed to sell its data bank, which once contained DNA samples from about 15 million people, to the…
Fashion
EXCLUSIVE: Princess Diana’s Wardrobe Auction at Julien’s to Include Her Signature Ski Outfit, Custom Versace Looks and an Estimated $300,000 Catherine Walker Dress
Princess Diana is the theme of a new auction at Julien’s, opening for bids on Monday at 9 a.m. ET. Described as a tribute to the fashion,…
Business
DFI Retail Group’s Q1 underlying profit falls 18% on sale of Chinese supermarket
DFI Retail Group’s underlying profit for Q1 2025 fell 18 per cent compared with the same period a year ago, due to the divestment of…
Business
Ossia appoints Asian Corporate Advisors as independent financial adviser for privatisation offer
The controlling shareholders of Ossia have made an unconditional offer on May 15 to take the company private at S$0.16 a share…
Culture
The Dissonant Howl of “Salome”
The Biblical figure of Salome, Princess of Judea, who dances before Herod Antipas and demands the head of John the Baptist as a reward,…
Culture
Colum McCann’s Limp Novel of Digital Life
Have novels left anything unsaid about the internet of the past fifteen years? It feels as though they’ve exhausted the terrain, but…