Japanese firms in China are becoming more pessimistic about the world’s second-biggest economy, with about two-thirds saying it’s getting worse and almost half scaling back or halting their investments. About 64% of Japanese companies said the Chinese economy is faring worse than last year, according to the latest survey from the Japanese Chamber of Commerce…
Washington Post management plans to scrap the hybrid work schedule, telling employees it will accept the resignation of any staffer who refuses to return to the office five days a week, according to a report. The Jeff Bezos-owned broadsheet shared an internal Q&A on Monday that included a section devoted to the new return-to-office policy,…
UK Prime Minister Keir Starmer says Hong Kong businessman Jimmy Lai’s release from prison is a priority for his government. He backed up that stance by raising the matter with Chinese President Xi Jinping in Rio de Janeiro on Monday. US President-elect Donald Trump, meanwhile, has pledged “100%” to secure the freedom of the pro-democracy…
While Tesla Inc. is grabbing the headlines, Xpeng Inc. has been the hottest electric vehicle stock over the past few months as investors rapidly warm to its product strategy. The company’s Hong Kong-listed shares have surged 93% from an August low, far outpacing gains in peers from Tesla to fellow Chinese EV maker Nio Inc….
President-elect Donald Trump tapped Karoline Leavitt, one of the spokespeople who helped him get elected and is aiding in his return to office, as his incoming White House press secretary on Friday. At 27 years old, she’ll be the youngest person to ever serve in the role and the first from Generation Z. “Karoline is…
In the telephone call on Friday, Scholz exhorted Putin to “end” his war on Ukraine and to “withdraw troops.” The conversation lasted for about an hour and was the first direct exchange between the two leaders in nearly two years, German media reported. “The Federal Chancellor urged Russia to be prepared to negotiate with Ukraine with the aim…
Scholz on Friday spoke on the phone with Russian President Vladimir Putin for about an hour in what constituted the first direct exchange between the two leaders in nearly two years, according to German media reports. Asked in the Süddeutsche Zeitung interview if he’s afraid of a deal over Ukraine’s head between Trump and Putin, Scholz…
It’s starting to sound very Roger Ailes over at the Los Angeles Times. Weeks after the paper’s owner Patrick Soon-Shiong scuttled a planned and penned endorsement of Kamala Harris for president, the billionaire Abraxane creator is now putting a whole new editorial board in place. Pulling out Fox News’ old “Fair and Balanced” motto, Dr….
An MSNBC host who once served as an aide to President Biden took aim at Nancy Pelosi for engineering his “very public demise” in the final months of the 2024 election — paving the way for Vice President Kamala Harris to eventually lose the race to Donald Trump. Symone Sanders-Townsend, who served as a senior…
President Donald Trump looks on as his nominee for the chairman of the Federal Reserve Jerome Powell takes to the podium during a press event in the Rose Garden at the White House, November 2, 2017 in Washington, DC. Drew Angerer | Getty Images Talk about an eventful week. Normally, when the Fed cuts interest…