News
The United States has transferred a third coast guard ship to Vietnam, as the former foes expand their defense partnership amid China’s growing threats in nearby disputed waters. Newsweek has contacted the Chinese defense and foreign ministries for comment by email. Why It Matters In 1995, the U.S. and Vietnam—former adversaries during the Vietnam War,…
Hong Kong’s residential property segment is on the verge of a turnaround that could last between four and five years, with home prices likely to rise starting in the second half of the year, according to Morgan Stanley. The US investment bank said the first half of the year would end with prices down 2…
Walmart is pulling back on one of its biggest retail experiments after eye-opening data from police revealed just how costly self-checkout can be. At a Supercenter in Shrewsbury, Missouri, Walmart abruptly removed all self-checkout machines—permanently. The decision came after years of … Source link
China’s fiscal revenue declined by 0.3% in the first five months of 2025 from a year earlier, finance ministry data showed on Friday, as global trade uncertainty intensified by U.S. tariffs weighed on the economy. Fiscal revenue in the January-May period, totalling 9.66 trillion yuan ($1.34 trillion), was slightly less than the 0.4% drop over…
There has never been a $5 trillion company. The closest companies to reaching that milestone are Microsoft (MSFT 0.41%) and Nvidia (NVDA 0.87%). Both companies have market capitalizations of around $3.5 trillion. Using their current growth trajectories as a guide, they could reach that $5 trillion mark in a few years. But which one will…
Swedish activist Greta Thunberg, once mocked in China, is now getting unexpected support from Chinese social media users. This change came after she had tried to sail to Gaza with 11 others to break Israel’s blockade and deliver aid. Israeli forces stopped the boat and deported her back to Europe. Her move was followed closely…
Teachers in Hong Kong have been warned to keep themselves and students away from any US Independence Day celebrations as they may breach national security laws, educators have alleged. A text message purportedly sent by the principal of a Hong Kong school to staff said the education bureau’s regional education office had reminded them “to…
Iran built its most critical nuclear enrichment facility, Fordo, deep inside a mountain to shield it from attacks. But the United States has a bomb that experts think could probably reach the subterranean site. President Trump is considering a plan to use it. Only the U.S. military has the 30,000-pound GBU-57, or Massive Ordnance Penetrator,…
Taipei says an estimated 15 Chinese aircraft crossed the median line of the Taiwan Strait on Friday. Taiwan‘s defence ministry says that it has detected more than 70 Chinese military aircraft around the island in the last 24 hours, just days after a British naval vessel sailed through the sensitive Taiwan Strait. The latest sightings…
Is home improvement giant Home Depot (HD -0.68%) stock a buy on the dip? If you’re looking for a great value stock, Home Depot stock looks priced to buy today. The market is hovering just north of flat for the year, and there’s a tentative confidence in the economy. Many tariff issues have been worked…