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Asia Pacific

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Virginia governor warns US must fast-track fusion or fall behind China
U.S. to fall behind China, Virginia governor warns

NEW YORK CITY, New York: The U.S. must accelerate its efforts to develop fusion energy or risk losing its edge to China, Virginia Governor...

China now dominates shipbuilding; US faces security risks
China's shipbuilding dominance poses security risk for US

WASHINGTON, D.C.: In the past 20 years, China has become the world's top shipbuilder, producing more than half of all commercial ships....

Spy planes, radars, fighter jets, utility choppers: Indian Air Force lists key acquisitions for 2025-26
Spy planes, radars, fighter jets, utility choppers: Indian Air Force lists key acquisitions for 2025-26

New Delhi [India], March 20 (ANI): The Indian Air Force (IAF) is looking to acquire a range of advanced weapon systems and platforms,...

Indian Navy committed to sustainability, says Admiral Tripathi
Indian Navy committed to sustainability, says Admiral Tripathi

New Delhi [India], March 20 (ANI): At the Raisina Dialogue 2025, Indian and Australian naval leaders reaffirmed their commitment to...

Japanese General Yoshihide highlights complex maritime threats in the Indo-Pacific
Japanese General Yoshihide highlights complex maritime threats in the Indo-Pacific

New Delhi [India], March 19 (ANI): General Yoshihide Yoshida, Chief of Staff, Joint Staff, Japan Self-Defense Forces, on Wednesday...

Bridging skills gap, China equips college grads for evolving job market
Bridging skills gap, China equips college grads for evolving job market

A recruiter (C) introduces job requirements at a recruitment fair in Changsha, central China's Hunan Province, Feb. 11, 2025. (Xinhua/Chen...

Business

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Wall Street rallies on Federal Resrve decision
U.S. stocks advance after Fed leaves interest rates unchanged

NEW YORK, New York - U.S. stocks rose Wednesday despite the U.S. Federal Reserve signalling a potential slowdown in the U.S. economy,...

Trump repeals $17.75 minimum wage rule for federal contractors
Trump nixes Biden-era minimum wage of $17.75 for federal contractors

WASHINGTON, D.C.: President Donald Trump has reversed a Biden-era executive order requiring businesses with federal contracts to pay...

UBS CEO Ermotti to earn $17 million in 2024, report says
UBS CEO Ermotti to get $17 million paycheck for 2024, Blick reports

FRANKFURT, Germany: UBS CEO Sergio Ermotti will receive a pay package of just over 15 million Swiss francs (US$17 million) for 2024,...

France calls for talks as EU bourbon tariffs backfire
French PM says EU tariff on American bourbon probably mistaken

PARIS, France: French Prime Minister Francois Bayrou acknowledged over the weekend that the European Union may have miscalculated by...

U.S. stock markets slide, Dow Jones drops 260 points
Sellers return to Wall Street, Nasdaq Composite drops 305 points

NEW YORK, New York - Sellers took charge again on Wall Street Tuesday as the brief rebound that took place on Monday petered out. Stocks...

Expansion of Montana coal mine approved by US
US approves expansion of Montana coal mine

WASHINGTON, D.C.: The Trump administration has approved a plan to expand a coal mine in Montana and keep it running for 16 more years,...