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Asian stocks climbed on Monday, led by a surge in Chinese shares, as investors bet on U.S. interest rate cuts and waited to see whether Nvidia’s upcoming earnings will justify its sky-high valuation. Federal Reserve Chair Jerome Powell signaled a softer stance last week, and traders now see an 84% chance of a quarter-point rate…
Russia is showing signs of scaling back its demands in the war with Ukraine, according to US Vice President JD Vance, who called the move “significant concessions” toward a possible settlement. Speaking on NBC’s Meet the Press, Vance said President Vladimir Putin has accepted that Ukraine will need security guarantees to protect against future Russian…
PARONG, INDIA — India is scrambling to speed up construction of its biggest-ever dam after Beijing announced plans to build the world’s largest hydropower project just upstream in Tibet. Delhi fears the Chinese mega-dam could slash water flows on the Brahmaputra River by as much as 85% in the dry season, according to government documents…
Indian Prime Minister Narendra Modi is promising major tax cuts to help households and businesses brace for looming U.S. trade penalties that could hit the world’s fifth-largest economy hard. The move comes after U.S. President Donald Trump threatened to double import duties on Indian goods, raising tariffs from 25% to 50%. Trump says the hike…
Iran’s supreme leader Ayatollah Ali Khamenei said on Sunday that the country will not bow to U.S. pressure, urging Iranians to stand united against what he described as Washington’s attempts to weaken the Islamic republic. Speaking at a mosque in Tehran, Khamenei accused the United States and Israel of plotting to destabilize Iran during the…
Israeli airstrikes and tank fire shook Gaza City overnight as Israel pressed ahead with a large-scale offensive, forcing families to flee while others said they would rather stay and die in their homes. Witnesses described nonstop explosions from Saturday night into Sunday morning in the neighborhoods of Zeitoun and Shejaia. In nearby Sabra, tanks shelled…
Apple may keep the Camera Control button beyond the iPhone 17 Earlier rumors claimed it would disappear with the iPhone 18 Future versions could feature a simpler design Rumors last week suggested the iPhone 17 would be the final model to feature Apple’s new Camera Control button, first introduced on the iPhone 16. But a…
Reliance Power and Reliance Infrastructure said Sunday that a criminal investigation into billionaire Anil Ambani and his former telecom firm Reliance Communications will not affect their businesses. India’s Central Bureau of Investigation (CBI) searched Ambani’s Mumbai home and the offices of the now-bankrupt Reliance Communications on Saturday. The raids followed a complaint from State Bank…
BMW, Jaguar Land Rover, Nissan, and Toyota privately warned the UK government that strict electric vehicle sales rules could threaten thousands of jobs and cost them hundreds of millions of pounds, newly released documents show. The four companies lobbied against the zero-emission vehicle (ZEV) mandate, which requires carmakers to sell a growing share of electric…
U.S. immigration officials say they plan to deport Kilmar Ábrego García, a Salvadoran national, to Uganda after he turned down a deal that would have sent him to Costa Rica in exchange for staying in jail and pleading guilty to human smuggling charges. The news came in a court filing on Saturday. The offer to…
