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Asia Pacific

Section
NSW Man Faces Perth Court Over $1.1 Million Cash Seizure
Extradited Sydney Man Charged in Money Laundering Probe After Perth Airport Bust

PERTH, Western Australia - A 21‐year‐old Sydney, New South Wales man is set to appear in Perth Magistrates Court on Saturday after...

Taiwan defends Strait’s status after China criticizes Canada
Canadian warship sails through Taiwan Strait, ignites verbal war

TAIPEI/BEIJING: Taiwan's defense ministry said this week that the Taiwan Strait does not belong to China, and any attempts to create...

China’s Xi Jinping reassures private sector on policy stability
China's Xi assures businesses, including Jack Ma, of country's stability

BANGKOK, Thailand: China's President Xi Jinping met with private sector leaders this week and assured them that the government's policies...

US State Department alters website wording on Taiwan independence
US drops website wording on not supporting Taiwan independence

TAIPEI, Taiwan: The U.S. State Department has revised its official website's fact sheet on Taiwan, removing a previous statement that...

Taiwan promises to address US chip concerns, boost trade
Taiwan pledges chip talks and investment to mollify Trump

TAIPEI, Taiwan: Taiwan has vowed to address U.S. concerns over the semiconductor industry while increasing investment and trade with...

Hong Kong airline expands Australian connection
Hong Kong Airlines Launches Daily Direct Flights to Sydney

HONG KONG - Hong Kong Airlines has expanded its international network with the launch of a new daily direct service to Sydney, Australia,...

Business

Section
U.S. stocks tumble as Trump policies startle investors
U.S. stock markets sour, Dow Jones dives 749 points

  NEW YORK, New York - Concerns over U.S. President Donald Trump's startling diversions from his country=s long-held policies, and...

Southwest Airlines cuts 1,750 corporate jobs in first-ever layoffs
Southwest Airlines slashes 15% corporate workforce, first in 15 years

DALLAS, Texas: Southwest Airlines is laying off 1,750 employees, or 15 percent of its corporate staff, in the company's first significant...

Australian central bank cuts interest rates for first time since 2020
Australian central bank cuts first benchmark interest rate since 2020

MELBOURNE, Australia: Australia's central bank has cut its benchmark interest rate for the first time in more than three years, signaling...

Brazil joins OPEC+ ahead of key UN climate summit
Brazil to join OPEC+, group of major oil-exporting nations

BRASILIA, Brazil: Brazil has officially approved joining OPEC+, aligning itself with the world's major oil-exporting nations just months...

U.S. stock markets in sharp retreat Thursday
Wall Street tumbles Thursday, Dow Jones dives 451 points

NEW YORK, New York - U.S. stocks fell sharply Thursday as profit-takers moved in to take the cream off the substantial gains that have...

China’s Xi Jinping reassures private sector on policy stability
China's Xi assures businesses, including Jack Ma, of country's stability

BANGKOK, Thailand: China's President Xi Jinping met with private sector leaders this week and assured them that the government's policies...