China party meeting, stocks slump, HSBC leads earnings

China's top diplomat holds talks with FM of Republic of the Congo

Chinese Foreign Minister Wang Yi held talks with Constant-Serge Bounda, minister of foreign affairs, La Francophonie and Congolese Abroad of the Republic of the Congo, on Thursday in Beijing.

Asia Society announces new permanent home in historic Washington building

The Asia Society announced on Thursday that it had marked out territory on the Washington policy landscape with the purchase of a US$17.5 million building that will give it a permanent spot alongside other US capital think tanks dating back more than a century, striving for influence. The 70-year-old institution, founded by the grandson of oil mogul John D. Rockefeller, has focused more on public policy in recent years, in addition to its traditional focus on arts, culture and education, under...

16 killed after M7.0 quake hits China's Xizang, rescue underway

16 killed after M7.0 quake hits China's Xizang, rescue underway

‘Saved my mum’s life’: Chinese cancer drug on sale in US after Americans travel to buy it

Global pharmaceutical firm AstraZeneca on Thursday said it would start selling a cancer drug after coming under criticism for failing to bring it to the US market faster, prompting some Americans to fly to Shanghai to procure the potentially life-saving medicine first developed by China. In recent months, desperate Americans have travelled to China to obtain the Chinese-made cancer drug that was approved by the US Food and Drug Administration but remained unavailable in the country for more than...

'Targeting trans people': AOC warns Trump’s transgender policies could threaten women’s civil rights

US stock market today: Why have Nasdaq, S&P 500 slipped to lowest in months? Reasons behind Meta, Tesla, CoreWeave, Intel stock price fall, check top performing stocks

US Stock Market today: Chipmakers Western Digital, Intel, ADM , Sandisk, and Marvell all posted steep percentage losses amid the broader semiconductor selloff.

LeBron James National Anthem Controversy: Why is Donald Trump accusing NBA star? Watch viral practice video

Donald Trump and LeBron James have been critical of each another for years, occasionally trading public swipes.

EU mulls sanctions reprieve for Chinese fabric-maker accused of aiding Russia

Diplomats from the EU’s 27 member states were pressured this week to lift sanctions on Yusha Group, a Chinese textiles manufacturer accused of selling sensitive European technology to Russian buyers. In exchange, Beijing has pledged that the company will refrain from shipping banned items to Russian military-linked buyers. It will also remove German company Sindlhauser Materials from its own export controls list, according to multiple sources familiar with the affair. The unusual quid pro quo –...

16 killed, 32 hurt after magnitude 7 earthquake strikes China’s Tibet

At least 16 people were killed and 32 more injured when a strong 7.0-magnitude earthquake struck China’s western Tibet autonomous region late on Thursday, state news agency Xinhua said, citing local authorities. More than 300 houses collapsed in the earthquake, which struck on Thursday at 10.33pm. Officials were still evaluating the damage, and disaster relief work was ongoing, Xinhua said. The epicentre of the quake was located in a mountainous area about 190km (120 miles) east-northeast of...

US stocks today: Nasdaq slumps 2.5%, S&P 1% as revived AI doubts ignite tech selloff

US stocks fell sharply as renewed concerns over massive AI spending triggered a selloff in technology and semiconductor shares. The Nasdaq suffered its steepest one day decline since June, while the S&P 500 also dropped. Tesla and Meta fell, while oil prices climbed to a five-month high amid fresh Middle East tensions.

Moderna stock crashes 25%, loses about $24 billion after cancer vaccine data leak

Moderna’s stock price dropped over 25% after trial results for its personalized melanoma vaccine with Merck were disclosed. The decline erased approximately $24 billion from Moderna’s market value, ending a significant rally this year. Analysts noted that this reaction was expected as investors often sell after news becomes public. Despite the drop, the trial results showed promising reductions in cancer recurrence when paired with Merck's Keytruda.

Tom Skerritt of Top Gun dies: From US Air Force to Hollywood, all about Emmy-winning actor

Tom Skerritt, the Emmy-winning actor who embodied a solid, wry authority figure, whether as a flight instructor in “Top Gun,” a tough-but-fair sheriff on TV's “Picket Fences” or the doomed captain of “Alien,” has died.