Author: Admin

LONDON — High-level delegations from the United States and China are meeting in London on Monday to try and shore up a fragile truce in a trade dispute that has roiled the global economy,A Chinese delegation led by Vice Premier He Lifeng is due to meet U.S. Commerce Secretary Howard Lutnick, Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer at an undisclosed location in the city.The talks are due to last at least a day.They follow negotiations in Geneva last month that brought a temporary respite in the trade war. The two countries announced May 12 they had agreed…

President Donald Trump has banned travel to the U.S. by citizens of 12 countries and restricted access for those from seven others, citing national security concerns in resurrecting and expanding a hallmark policy from his first term that will mostly affect people from Africa and the Middle East.The ban announced applies to citizens of Afghanistan, Myanmar, Chad, the Republic of Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Somalia, Sudan and Yemen. The heightened restrictions apply to people from Burundi, Cuba, Laos, Sierra Leone, Togo, Turkmenistan and Venezuela who are outside the U.S. and don’t hold a valid visa.The policy took…

NEW YORK — The jury in Harvey Weinstein ’s New York sex crimes retrial is set to resume deliberations Monday, after two days without reaching a verdict the prior week. The panel of seven women and five men on Thursday began weighing two counts of criminal sex act and one count of rape against the former movie mogul. Weinstein, 73, has pleaded not guilty. On Friday, one juror asked to be removed from the case, saying he felt other jurors were treating one member of the panel in an “unfair and unjust” way. The judge told him he had to…

U.S. chipmaker Qualcomm on Monday agreed to acquire British semiconductor company Alphawave for about $2.4 billion as part of efforts to strengthen its artificial intelligence technology.Alphawave shareholders will receive 183 pence per share, a nearly 96 per cent premium to the price immediately before Qualcomm disclosed its interest in the company. The shares jumped 22 per cent in early London trade to just below the offer price.U.S.-based firms have been snapping up British assets, taking advantage of a market that is plagued by comparatively weaker valuations and stunted growth.Alphawave, which designs and licenses semiconductor technology for data centers, networking and…

An explosion injured four men at a Japanese facility for storing unexploded bombs at a US air base in Okinawa on Monday, a fire official said, with their condition reportedly not critical. Japan Self-Defense Forces (SDF) members at the facility at Kadena Air Base were trying to wipe rust off items at the facility to re-assess if they were bombs, said local fire department official Akira Kamiunten. During that process there was an explosion that injured four male SDF members who were rushed to hospital, he told AFP. Jiji Press and other local media said none of the injuries was…

Published Mon, Jun 9, 2025 · 03:54 PM[HONG KONG] Global investors are extending their purchases of sovereign bonds in emerging Asia on rate-cut wagers and stronger local currencies. Foreign funds bought US$2.9 billion in Malaysia conventional government bonds in May, according to Bank Negara Malaysia’s latest data, the largest monthly inflow since October 2013. Their purchase of a net US$652 million of listed bonds in South Korea on Jun 5, marked the longest buying streak in more than two years, according to Financial Supervisory Service data. The inflows came as most emerging-Asian currencies strengthened this quarter, buoyed by an extended decline…

Washington — President Trump’s new ban on travel to the U.S. by citizens from 12 mainly African and Middle Eastern countries took effect Monday amid rising tension over the president’s escalating campaign of immigration enforcement.The new proclamation, which Mr. Trump signed last week, applies to citizens of Afghanistan, Myanmar, Chad, the Republic of Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Somalia, Sudan and Yemen. It also imposes heightened restrictions on people from Burundi, Cuba, Laos, Sierra Leone, Togo, Turkmenistan and Venezuela who are outside the U.S. and don’t hold valid visas. The new ban doesn’t revoke visas previously issued to…

[MUMBAI/LONDON] Fashion retailer Shein and partner Reliance Retail plan to rapidly expand their Indian supplier base and start overseas sales of India-made Shein-branded clothes within six to 12 months, said two people with knowledge of the matter.The China-founded, Singapore-headquartered e-commerce firm has been discussing plans with the Indian retailer since before the US imposed tariffs on Chinese imports that intensified the need to diversify sourcing, the people said. The aim is to raise Indian suppliers to 1,000 from 150 within a year, they said.In a statement to Reuters, Shein said it licensed its brand for use in India. Reliance did…

Google has added a new artificial intelligence (AI) feature to the Gemini app on iOS and Android. The feature, dubbed Scheduled Actions, will allow users to ask the chatbot to perform an action at a future date or time, and it will perform it as requested. It can also be used to set up recurring tasks, such as getting a news feed every day in the morning. This feature is currently available only to the paid subscribers of Gemini and the paid Google Workspace accounts. Gemini Can Now Schedule Actions Ahead of TimeIn a blog post, the Mountain View-based tech giant…

LONDON — A museum is like an iceberg. Most of it is out of sight.Most big collections have only a fraction of their items on display, with the rest locked away in storage. But not at the new V&A East Storehouse, where London’s Victoria and Albert Museum has opened up its storerooms for visitors to view — and in many cases touch — the items within.The 16,000-square-meter (170,000-square-foot) building, bigger than 30 basketball courts, holds more than 250,000 objects, 350,000 books and 1,000 archives. Wandering its huge, three-story collections hall feels like a trip to IKEA, but with treasures at…