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Japanese Nikkei Stock Average The index breached the 50,000 mark for the first time on Monday as investors cheered progress in U.S.-China trade talks and strong momentum on Wall Street. The benchmark index rose 2.46% to close at 50,512.32, while TOPIX rose 1.7% to close at 3,325.05.Prime Minister Sanae Takaichi is scheduled to meet with US President Donald Trump, who is visiting Japan this week.”Her message is expected to be to significantly expand domestic demand through a high-pressure economy,” Credit Agricole CIB said in a note on Monday.The strategists said strong growth in Japan’s domestic demand would “bring Japan out…
london AP — British police said Saturday they were searching through hours of undisclosed television recordings in a bid to uncover an asylum seeker who was wrongly released from prison after being convicted of sexual assault. Essex Police said on Saturday that Ethiopian national Hadush Gerberslassie Kebatu, 38, was “last seen in the London area”, adding that officers from three separate forces were cooperating in the investigation. Kebatu gained national attention after his case sparked a wave of anti-immigration protests in London and other cities in recent months. He was sentenced to 12 months in prison in September for five…
People shop for food at a supermarket in Monterey Park, California, on September 9, 2025. Frederick J. Brown | AFP | Getty Images A milder-than-expected US inflation report in September sparked optimism in the market. Traders now expect the U.S. Federal Reserve to almost certainly cut interest rates at its October and December meetings scheduled for later this week.Major U.S. indexes rose on Friday, marking their second consecutive week of positive results. S&P500, Nasdaq Composite and Dow Jones Industrial Average Overall, prices rose about 2% for the week.The inflation report provides further support to a market already buoyed by a…
Direct flights between India and China have resumed after a five-year hiatus, the latest sign of deteriorating relations between the world’s two most populous countries. IndiGo flight 6E1703 departed India’s Kolkata airport at 10pm on Sunday and landed in the southern Chinese city of Guangzhou about three and a half hours later. Flights between India and mainland China have been suspended since the start of the Covid-19 pandemic in early 2020, and continued after deadly clashes at the disputed Himalayan border escalated tensions. The two nuclear-armed neighbors have since sought to reduce friction, reaching an agreement last fall to withdraw…
Austin Reeves scored 51 points and the Los Angeles Lakers won against Sacramento without Luka Doncic and LeBron James.Published October 27, 2025October 27, 2025Click here to share on social mediaShare 2shareAustin Reeves exploded for a career-high 51 points, Deandre Ayton supplemented his 22 points with a game-high 15 rebounds, and the Los Angeles Lakers, playing without injured stars Luka Doncic and LeBron James, defeated the host Sacramento Kings 127-120 on Sunday night.Reeves, who took center stage after Doncic suffered a finger and leg injury late in the game, surpassed his NBA-best 45 points against the Indiana Pacers last February.Recommended stories…
Employees work on a new energy vehicle assembly line at the factory of Chinese EV start-up Leap Motor in Jinhua, Zhejiang Province, China, April 1, 2024.Shi Kuanbing | VCG | Visual China Group | Getty ImagesChina’s industrial profits rose 21.6% year-on-year in September, the National Bureau of Statistics said on Monday, despite persistent trade tensions with the United States, as the Chinese government’s campaign to curb price competition helped ease pressure on manufacturing.The sharp rise extended a strong recovery that began in August, when industrial profits rose 20.4% year-on-year, marking the biggest increase since November 2023.Profits at major industrial companies…
HSBC bank logo on the wall outside a branch in Mexico City, Mexico, June 14, 2024.Henry Romero | ReutersHSBC announced on Monday that it would recognize a $1.1 billion provision in its third quarter results following a Luxembourg court ruling related to the Bernard Madoff investment fraud case.Herald Funds SPC sued HSBC’s Luxembourg arm in 2009, seeking the return of securities and cash it said were lost to fraud.The court dismissed the HSBC division’s appeal regarding the Herald’s claim for the return of securities, but accepted the division’s appeal regarding the claim for cash restitution.The bank will now file a…
US President Donald Trump (left) and Chinese President Xi Jinping.Jim Watson and Peter Crownser | Poole (AFP) | Getty ImagesUS President Donald Trump will meet with Chinese President Xi Jinping this week as part of a tour of Asia, as the world’s two largest economies seek a so far elusive trade deal and ease tensions.White House Press Secretary Caroline Levitt told reporters last Thursday that President Trump will meet with his Chinese counterpart on October 30, on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit.President Trump said on October 23 about his upcoming meeting with President Xi: “I think…
Reuters — Georgia’s internal security authorities announced on Saturday that they had arrested three Chinese nationals in the capital Tbilisi for trying to illegally purchase two kilograms of “nuclear material” uranium, Georgia’s Interpress news agency reported. Interpress quoted the deputy head of Georgia’s State Security Service as saying that the three detainees had planned to buy uranium for $400,000 and transport it to China via Russia. He said uranium is a “nuclear material” but did not elaborate on the motivation for the planned purchase. The newspaper quoted security officials as saying the detainees could face up to 10 years in…
McLaren’s Lando Norris avoided early confusion to claim a commanding victory at the Mexico City Grand Prix and regain the lead of the F1 championship on Sunday, one point behind teammate Oscar Piastri.Australian Piastri started the race in seventh place, 14 points clear of the Briton, but a virtual safety car in the final two laps prevented him from advancing to fourth after a thrilling chase, and he finished fifth.Recommended stories list of 3 itemsend of listFerrari’s Charles Leclerc was second, 30.3 seconds behind Norris, while Red Bull’s reigning champion Max Verstappen was third, just 0.7 seconds behind the Monegasque…