Asian markets tumbled Monday after an outsized US jobs report dealt another blow to hopes for more interest rate cuts, while oil extended a rally sparked by new sanctions on Russia’s energy sector.The equity sell-off tracked hefty losses on Wall Street, where all three main indexes finished more than one percent lower as the new …
Asian markets track Wall St losses after blockbuster US jobs report Read More »
China’s exports surged to a record high in 2024, providing a much-needed boost for the economy as the prospect of biting tariffs imposed by US president-elect Donald Trump looms.Overseas shipments represented a rare bright spot for Beijing last year as sluggish domestic consumption and a prolonged crisis in the property sector dragged on growth.But Trump, …
China saw booming exports in 2024 as Trump tariffs loom Read More »
Japanese Prime Minister Shigeru Ishiba told US President Joe Biden that his blocking of Nippon Steel’s takeover of US Steel raised “strong” concerns in both countries, local media reported Monday.The comments came in a three-way call with the president of the Philippines that according to the White House also touched on China’s “dangerous and unlawful” …
Japan PM tells Biden ‘strong’ concerns over steel deal Read More »
Memphis star Ja Morant scored the game-winner with 18.6 seconds left on Saturday, lifting the Memphis Grizzlies to a 117-125 victory over the Minnesota Timberwolves in a tension-packed NBA shootout.Morant, playing his second game back from a shoulder injury, scored a modest 12 points and missed all four of his three-point attempts.But he came through …
Morant lifts Grizzlies over Timberwolves, Cunningham sparks Pistons Read More »
Cade Cunningham’s 23-point triple-double propelled the Detroit Pistons to a bounce-back NBA victory on Saturday, 123-114 over the Toronto Raptors.Cunningham added 10 rebounds and 17 assists for the Pistons, who returned to the win column — and improved to 20-19 — two days after their five-game winning streak was halted by the Golden State Warriors.Tim …
Cunningham triple-double leads Pistons over Raptors Read More »
British treasurer Rachel Reeves said Saturday that London was a “natural home” for Chinese finance during a visit to Beijing in the shadow of bond market turmoil back home.Reeves, whose formal title is chancellor of the exchequer, is the most senior British government official to visit China since then-prime minister Theresa May held talks with …
UK treasurer says London ‘natural home’ for Chinese finance Read More »
The black boxes holding the flight data and cockpit voice recorders for the crashed Jeju Air flight that left 179 people dead stopped recording four minutes before the disaster, South Korea’s transport ministry said Saturday.The Boeing 737-800 was flying from Thailand to Muan, South Korea, on December 29 carrying 181 passengers and crew when it …
South Korea says Jeju Air jet black boxes stopped recording before crash Read More »
The old-fashioned winger is a dying breed in modern football but the thrill that fans enjoyed from seeing a wide-man bursting down the flanks, can still be found in an unlikely place – Nashville, Tennessee.Canadian Jacob Shaffelburg has become something of a cult-figure in Major League Soccer and with his national team and – if …
Canada’s retro winger Shaffelburg is a star in Nashville Read More »
Wall Street stocks slumped and the dollar climbed on Friday as a robust US jobs report dimmed hopes of further interest rate cuts.Oil prices, meanwhile, briefly jumped past $80 per barrel on new US sanctions on Russia, further disrupting its crude exports and therefore tightening supplies.The world’s biggest economy added 256,000 jobs last month, up …
Strong US jobs report sends stocks sliding, dollar rising Read More »
Fri, 10 Jan 2025 17:32:12 GMT
