World
Back to homepage
US prosecutors seek sale of luxury homes linked to Riza Aziz
KUALA LUMPUR: US prosecutors are seeking to sell three luxury homes linked to the stepson of former Malaysian prime minister Datuk Seri Najib Tun Razak, court documents showed, in the latest effort to recover money allegedly stolen from Malaysian fund,
Read More
Child sex abuse victims to sue Catholic Church after new law enactment
NEW YORK: Scores of people in New York state who were sexually abused as children sued institutions, including the Roman Catholic Church yesterday, the first day a new law temporarily enabled them to file lawsuits over decades-old crimes. By the
Read More
Trump cautions China to deal with Hong Kong protesters ‘humanely’
WASHINGTON: President Donald Trump yesterday tied a US trade deal with China to humane resolution of the weeks of protests wracking Hong Kong, hours after the State Department said it was “deeply concerned” about reports of movement of Chinese paramilitary
Read More
Dow Jones plummets 800 points, renewing recession fears
NEW YORK: The Dow Jones Industrial Average plummeted more than 800 points on Wednesday, as investors suffered their worst day of the year as new concerns arose over data on global economic growth. The tumble followed a series of concerning
Read More
China asks UN Security Council to discuss Kashmir this week
UNITED NATIONS: China yesterday backed Pakistan’s request for the United Nations Security Council to discuss India’s decision to revoke the special status of Jammu and Kashmir, asking for the body to meet behind closed doors today or tomorrow, diplomats said.
Read More
Protest boom for some businesses starts waning
HONG KONG: John Lam’s safety equipment shop has been spared the global downdraft shaking Hong Kong’s economy. In times of crisis, businesses providing basic necessities tend to fare better. In Lam’s case, that means hard hats, filtered masks, goggles and
Read More
Trump delays tariffs on Chinese products, market soars
WASHINGTON: US President Donald Trump yesterday backed off his Sept 1 deadline for 10% tariffs on remaining Chinese imports, delaying duties on cellphones, laptops and other consumer goods, in the hopes of blunting their impact on US holiday sales. The
Read More
Pakistan asks UN Security Council to meet over Kashmir debacle
UNITED NATIONS: Pakistan yesterday asked the United Nations Security Council to meet over India’s decision to revoke the special status of Jammu and Kashmir, the Himalayan region that has long been a flashpoint in ties between the nuclear-armed neighbours. The
Read More
Wall Street falls on geopolitical tensions, recession fears
NEW YORK: U.S. stocks dropped in a broad sell-off on Monday as simmering geopolitical tensions spooked equity investors and drove a bond market rally while the protracted U.S.-China trade war stoked fears of impending recession. All three major U.S. stock
Read More
‘Support or participate in protest, and you’ll get fired’
HONG KONG: Hong Kong carrier Cathay Pacific warned its staff on Monday that they could be fired if they “support or participate in illegal protests”, as the airline comes under pressure from Beijing. The warning follows new regulations imposed by
Read More