CK Asset Holdings, one of the flagship companies owned by billionaire Li Ka-shing’s family, reported weaker-than-expected first-half profit amid a challenging housing market in Hong Kong and declining rental income from its commercial properties. Profit attributable to shareholders fell 26.2 per cent to HK$6.3 billion (US$806.4 million) in the six months to June, according to…
WASHINGTON (AP) — A man charged with a felony for hurling a sandwich at a federal law-enforcement official in the nation’s capital has been fired from his job at the Justice Department, Attorney General Pam Bondi said in a social media post Thursday. A video of Sean Charles Dunn berating a group of federal agents…
The new Ford Universal EV Platform could mark a turning point in the electric vehicle (EV) industry, making these vehicles more affordably priced and accessible to buyers. President Donald Trump’s 2025 tax reform bill will cause the federal EV tax credit to expire for vehicles purchased or leased after September 30, 2025. With fewer incentives…
During a recent X Spaces chat with fans, Cardi B opened up about the relentless scrutiny celebrities face in the social media era, using South African star Tyla as a prime example. Cardi recalled her own experience with body shaming during pregnancy before turning her thoughts to Tyla’s backlash. “People been dragging the sh*t out…
(Reuters) – The S&P 500 and the Nasdaq retreated from record highs on Thursday, after a hotter-than-expected producer prices report dampened investor expectations of potential interest-rate cuts by the Federal Reserve this year. The Dow Jones Industrial Average fell 31.4 points, or 0.07%, at the open to 44,890.84. The S&P 500 fell 13.1 points, or…
NEW YORK — Most stocks are falling on Wall Street Thursday after a disappointing report said inflation was worse last month at the U.S. wholesale level than economists expected. But gains for Amazon and other influential Big Tech companies are helping to mask the losses. What You Need To Know Most stocks are falling on…
London-based Energy Saving Trust, which promotes energy efficiency, conservation and sustainable energy use, has urged the UK government to invest the £3.3 billion (US$4.4 billion) pledged for the Local Power Plan to scale up community energy. A new paper from the firm – ‘Scaling up community power: maximising the impact of the Local Power Plan’…
While many of us spent our Wednesday night on the couch, watching Taylor Swift’s New Heights podcast appearance, California’s It girls slipped into their chicest summer fits for a cheeky girls’ night. Sisters Kylie and Kendall Jenner reunited with best friends Bella Hadid and Hailey Bieber for a dinner date at Italian restaurant Alba in…
Synopsis China is set to launch a new K visa for young science and technology experts. This takes effect on October 1. Direct flights between India and China are resuming soon. Indian airlines are preparing routes. An official announcement is expected at the Shanghai Cooperation Organisation summit. Relations between India and China are improving after…
MCLEAN, Va. (AP) — The average rate on a 30-year U.S. mortgage fell this week to its lowest level in nearly 10 months, giving prospective homebuyers a sorely needed boost in purchasing power that could help inject life into a stagnant housing market. The long-term rate fell to 6.58% from 6.63% last week, mortgage buyer…