Red Bull sack team principal Horner, appoint Mekies
Red Bull have sacked team principal Christian Horner and appointed Laurent Mekies as the Briton's replacement, the Formula One team announced on Wedne...
Japanese stocks saw the largest foreign inflow in four weeks during the week ending 14 June, driven by optimism over U.S.-China trade talks and a weaker yen supporting exporters’ earnings.
According to finance ministry data, foreign investors purchased a net 473.4 billion yen ($3.26 billion) worth of Japanese stocks last week, marking the 11th consecutive week of foreign inflows into Japan’s equity market. This quarter, cross-border inflows into Japanese equities have reached approximately 7.34 trillion yen, positioning the market for its largest quarterly foreign investment in two years.
The Nikkei index hit a four-month high of 38,885.15 amid hopes for corporate reforms.
Additionally, a recent Bank of America survey named Japan as the most favored market in Asia.
Amid rising tensions in the Middle East, demand for safe assets pushed foreign purchases of Japanese government bonds to 434.5 billion yen for long-term bonds and 1.03 billion yen for short-term bills, the highest in eight weeks.
Meanwhile, Japanese investors increased their purchases of long-term foreign bonds by 1.57 trillion yen, the largest weekly net buy since mid-May.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
European Commission President Ursula von der Leyen urged stronger sanctions and defence support for Ukraine as the EU's 18th sanctions package against Russia nears approval.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
Archaeologists have uncovered a 3,500-year-old city in northern Peru that likely served as a key trade hub connecting ancient coastal, Andean, and Amazonian cultures.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade tensions.
Oil prices climbed on Wednesday, maintaining their highest levels since 23 June, lifted by recent attacks on shipping in the Red Sea, along with concerns over steep U.S. tariffs on copper and a forecast for lower U.S. oil production.
An integrated mountain agropastoral system in Tajikistan has become the first Central Asian addition to the Globally Important Agricultural Heritage Systems (GIAHS), - the Food and Agriculture Organization of the United Nations (FAO) announced.
China’s annual consumer inflation reached 0.1% in June, slightly above market expectations of a 0.1% decline, according to data released Wednesday by the National Bureau of Statistics.
President Donald Trump’s postponement of a sweeping tariff deadline to 1 August has renewed hopes for trade deals with key partners, but left smaller exporters and businesses grappling with uncertainty.
Former UK Prime Minister Rishi Sunak is returning to Goldman Sachs as a senior adviser, the investment bank said on Tuesday.
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