Chinese President Xi Jinping may visit North Korea next week, South Korea's Yonhap reports
Chinese President Xi Jinping may visit North Korea as early as next week, South Korea's Yonhap news agency ...
European shares inched higher Thursday, lifted by autos and miners, as investors awaited the European Central Bank's rate decision.
The STOXX 600 rose 0.2%, supported by gains in industrial metal miners and automakers. Miners climbed 0.6% on strong copper prices, while automakers rebounded 0.5% after recent losses.
Caution prevailed ahead of the ECB’s expected 25-basis-point rate cut. Germany’s tax relief package had boosted sentiment the previous day.
Trade uncertainty lingered with no progress following U.S. President Trump’s trade negotiation deadline. Meanwhile, U.S. Defense Secretary Pete Hegseth confirmed a planned 5% GDP defense spending target for NATO members.
Defense stocks slipped, with the index down 0.3%. Eutelsat fell 13% after Hanwha Systems moved to sell its stake, and Wizz Air dropped 22% on weak profit results.
Asian stocks surged on Thursday as some vessels resumed passage through the Strait of Hormuz, while forecast-beating results at Nvidia and a suspended workers' strike at Samsung Electronics lifted shares of chipmakers.
United Nations World Urban Forum 13 continues in Baku, Azerbaijan on 19 May with sessions and roundtable discussions focused on strengthening dialogue and advancing cooperation in urban development. Organisers say there are nearly 3 billion people globally who face some form of housing inadequacy.
Day four of the World Urban Forum (WUF) in Baku brings a packed agenda on sustainable cities and the global housing crisis, with sessions on green housing, smart cities, public spaces and urban rights taking place on Wednesday (20 May) at Baku Olympic Stadium in Azerbaijan.
At least 21 people have been killed and thousands evacuated after torrential rain triggered flooding, landslides and transport disruption across southern and central China, with authorities warning that more heavy rainfall is expected along the Yangtze River.
Russia’s ambassador to the United Nations Vasily Nebenzya warned on Tuesday (19 May) that Moscow could retaliate against Baltic states if Ukraine launches military drones from that region. Latvia, the United States and Ukraine responded strongly during a UN Security Council meeting.
A government-mediated agreement has suspended an 18-day walkout by about 48,000 Samsung union members, easing fears of damage to South Korea's economy and global chip supply.
Asian stocks surged on Thursday as some vessels resumed passage through the Strait of Hormuz, while forecast-beating results at Nvidia and a suspended workers' strike at Samsung Electronics lifted shares of chipmakers.
Elon Musk’s SpaceX will have to improve its reliability before receiving approval for its target 10,000 launches annually within five years, Bryan Bedford, Head of the U.S. civil aviation agency, the Federal Aviation Administration (FAA), has said.
Demand for electric vehicles has surged across Europe as elevated fuel prices linked to the Iran conflict push consumers toward new and second-hand EVs, according to data shared with Reuters. It is providing a boost to an auto industry that has struggled with slower-than-expected adoption.
South Korea’s Samsung Electronics is facing its largest potential labour action in years, with tens of thousands of workers preparing for a prolonged strike over bonuses and profit-sharing at a time when the company is benefiting from a global artificial intelligence (AI) driven chip boom.
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