January 15, 2020

US, China set to sign vital trade truce

by Heather SCOTT The world’s two dominant economic powers, the United States and China, are poised to sign a trade truce Wednesday that will allow businesses around the globe to breathe a sigh of relief. Although tariffs on hundreds of billions of dollars of two-way trade will remain in place, likely at least until after […]

January 15, 2020

Bezos promises $1 billion in bid to see off Indian e-commerce storm

by Aishwarya KUMAR Amazon tycoon Jeff Bezos promised Wednesday a new billion-dollar investment in India, just two days after authorities launched an anti-trust investigation into the e-commerce giant. A three-day visit by Bezos, whose worth has been estimated at more than $110 billion, sparked protests in New Delhi and other cities by traders who accuse […]

January 14, 2020

US Treasury removes currency manipulator label on China

The United States on Monday removed the currency manipulator label it imposed on China last summer, in a sign of easing tensions between the economic powers after nearly two years of conflict. Just two days before President Donald Trump is set to sign a “phase one” trade agreement with China, the US Treasury said in […]

January 14, 2020

Rouhani says Iran must ‘punish’ all responsible for air disaster

Iran’s President Hassan Rouhani said on Tuesday that everyone responsible for the accidental shooting down of a Ukrainian airliner last week must be punished. “For our people it is very important in this incident that anyone who was at fault or negligent at any level” face justice, he said in a televised speech. “Anyone who […]

January 14, 2020

Tens of thousands face uncertainty as Philippine volcano spews lava

by Ron Lopez with Mikhail Flores in Manila Taal volcano in the Philippines could spew lava and ash for weeks, authorities warned Tuesday, leaving tens of thousands in limbo after they fled their homes fearing a massive eruption. The crater of the volcano exploded to life with towering clouds of ash and jets of red-hot […]

January 14, 2020

China says Taiwan separatists will ‘stink for eternity’

Taiwan separatists are doomed to “stink for eternity”, China’s top diplomat warned after the island’s President Tsai Ing-wen won a landslide re-election victory in a stinging rebuke to Beijing. Tsai, who has drawn the ire of Beijing for refusing to acknowledge that Taiwan is part of “one China”, secured a record-breaking win in Saturday’s vote. […]

January 14, 2020

Huge sinkhole swallows bus, kills six in China

An enormous sinkhole swallowed a bus and pedestrians in northwest China, sparking an explosion, killing six people and leaving four more missing, state media said Tuesday. Footage showed people at a bus stop running from the collapsing road as the vehicle — jutting into the air — sank into the ground. Several people disappeared into […]

January 14, 2020

Badminton world number one Momota hurt, driver killed in Malaysia crash

Badminton world number one Kento Momota was injured and his driver was killed in a crash near Kuala Lumpur on Monday just hours after he won the Malaysia Masters. Police said the Japanese star, 25, suffered a broken nose and cuts to his face when the van carrying him to the city’s airport crashed early […]

January 10, 2020

Prince Harry’s wife Meghan returns to Canada amid royal storm

Prince Harry’s wife Meghan has returned to Canada following the couple’s bombshell announcement that they were quitting their frontline royal duties, their spokeswoman said on Friday. The Duke and Duchess of Sussex spent an extended Christmas break in Canada with their baby son Archie, before returning to break the news that has rocked the royal […]

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