China will be patient and play the long game as it views the new geopolitical chessboard, recalibrating carefully in the wake of US President Donald Trump’s move on Saturday to decapitate Venezuela’s leadership, analysts said. In a daring predawn raid, US forces descended on ousted Venezuelan president Nicolas Maduro and airlifted him shackled and blindfolded…
Hong Kong customs has intercepted more than 83,000 counterfeit items worth about HK$36 million (US$4.62 million) as part of a recent crackdown, warning that criminals are using the heightened seasonal demand as a “smokescreen” to move illicit goods to Europe and the Americas. The Customs and Excise Department said on Wednesday that the operation ran…
Bitcoin is crashing into dangerous territory — and options-fueled selling is adding to the volatility. The largest cryptocurrency dropped as much as 7.6% on Friday to $80,553, deepening a selloff that’s erased nearly 25% of its value this month. November is now shaping up to be Bitcoin’s worst month since the 2022 collapse of Terra…
Both the right-wing Conservatives and Reform insist they have no desire to destroy the BBC. “There is a future for the BBC, because it does have a strong global brand, but in order to retain its trust and confidence, it’s got to respect its impartial charter responsibilities and make sure that the news and current…
Merz has been under rising political pressure at home to do more to address Germany’s economic malaise. Following two straight years of economic contraction, economists expect little if any growth this year, in part due to U.S. President Donald Trump’s tariff policies, which hit Berlin’s export-oriented economy particularly hard. German business leaders are now urging…
The Norwegian officials in charge of awarding the Nobel Peace Prize are investigating information that online bets on this year’s recipient surged overnight, suggesting a potential leak of information. Bets for Venezuelan opposition leader Maria Corina Machado, who was awarded the 2025 Nobel Peace Prize for fighting for democracy, spiked at the Polymarket gambling site…
The US unemployment rate has ticked up in recent months to its highest level since 2021. Meanwhile, job seekers say it’s taking them longer to find work as employers pull back on hiring. In August, the economy created 22,000 jobs, a decline from the revised previous month’s 79,000, according to data from the US Labor…
Intel posted details of the plan soon afterward, saying the administration would make an $8.9 billion investment in Intel common stock, paid for with the CHIPS grant money. The company said the stake would be funded with $5.7 billion in grants previously awarded but not yet paid, and $3.2 billion from a separate Defense Department program. It said…
“We remain committed to the principle that international borders must not be changed by force,” the leaders stressed. Trump said on Friday that there will be “some swapping of territories” as part of a ceasefire deal between Russia and Ukraine, a proposition that was quickly rejected by Zelenskyy. Zelenskyy said Kyiv is “ready to work together with…
The outspoken vice president even resisted the chance to criticize laws governing freedom of speech and belief in the U.K., of which he has been damning in the past. He acknowledged he had “raised some criticism, concerns about our friends on this side of the Atlantic” but specified that “many of the things that I…