TOKYO: Japan’s SoftBank Group is expected to report a modest first-quarter profit on Wednesday but investors are set to hone in on whether the tech investment giant will either announce a major share buyback or flag its willingness to embark on one. The results come amid much market turmoil, particularly […]
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Novak Djokovic’s triumphant Olympic campaign in Paris could motivate the 37-year-old to keep going for four more years and compete in the Los Angeles Games, his former coach Goran Ivanisevic said. Djokovic beat Carlos Alcaraz 7-6(3) 7-6(2) on Sunday to claim the gold medal and became only the fifth player […]
The flagship project under China’s Belt and Road Initiative has run into a lack of sustained investment, which analysts said is holding back its progress. GWADAR, Pakistan: The China-Pakistan Economic Corridor (CPEC) was launched to much fanfare almost a decade ago, with US$54 billion worth of infrastructure projects planned. But […]
WILMINGTON: A jury found Hunter Biden guilty on Tuesday of federal gun charges in a historic first criminal prosecution of the child of a sitting US president. The 54-year-old son of President Joe Biden was convicted on all three of the felony counts stemming from his 2018 purchase of a […]
WASHINGTON: The US House of Representatives voted on Tuesday (Jun 4) to advance a largely symbolic bill calling for sanctions on the International Criminal Court (ICC) after its prosecutor applied for an arrest warrant against Israeli Prime Minister Benjamin Netanyahu. The Hague-based court’s prosecutor has said Netanyahu and Defense Minister […]
BEIJING: China’s services activity in May accelerated at the quickest pace in 10 months while staffing levels expanded for the first time since January, a private sector survey showed on Wednesday (Jan 5), pointing to sustained recovery in the second quarter. The Caixin/S&P Global services purchasing managers’ index (PMI) rose […]
NEW YORK: A former Meta engineer on Tuesday accused the company of bias in its handling of content related to the war in Gaza, claiming in a lawsuit that Meta fired him for trying to help fix bugs causing the suppression of Palestinian Instagram posts. Ferras Hamad, a Palestinian-American engineer […]
MELBOURNE: Australia’s test and ODI captain Pat Cummins has signed a four-year deal with the San Francisco Unicorns in a major coup for the fledgling Major League Cricket (MLC) T20 competition. The second season of MLC starts on July 5, less than a week after the T20 World Cup co-hosted […]
TOKYO: Japan on Wednesday (Jan 5) congratulated Prime Minister Narendra Modi’s ruling alliance on their victory in India’s general election, calling the country an “important partner”. “We congratulate the ruling coalition led by Prime Minister Modi on their declaration of victory,” top government spokesman Yoshimasa Hayashi told reporters. “India is […]
SINGAPORE: Oil prices fell for a third straight session on Wednesday on expectations the Federal Reserve might keep U.S. interest rates higher for longer due to sustained inflation, potentially impacting fuel use in the world’s largest oil consumer. Brent crude futures were down 60 cents, or 0.7 per cent, to […]