Analysts gave a cautious welcome to China’s announcement Saturday of fresh fiscal stimulus to revive its ailing economy but warned that more details — and specific headline figures — were needed before its effect could be fully assessed. At a highly anticipated news conference, Beijing said it would issue special bonds to boost the capital…
The UK government was on Friday urged to raise the case of jailed pro-democracy media tycoon Jimmy Lai with China, after reports that foreign minister David Lammy is heading to Beijing. Lai, 76, is the founder of the now-shuttered popular Chinese-language tabloid Apple Daily, which supported mass pro-democracy protests in the economic hub. Detained in…
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NBA commissioner Adam Silver said Thursday he expects his league will once more play games in China after having not done so since 2019, according to multiple media reports. Silver, speaking at Columbia University in a sports management conference, said he expects a China return despite no NBA games there since two 2019 pre-season contests…
Nick Castellanos smacked a two-out single in the ninth inning to give the Philadelphia Phillies a thrilling and series-leveling 7-6 walkoff victory over the New York Mets in Major League Baseball’s playoffs on Sunday. Castellanos’s line drive to left field sent shortstop Trea Turner racing over home plate for the winning run in the final…
Lyon midfielder Tanner Tessmann has been called up by Mauricio Pochettino for the United States’ upcoming friendlies along with Mexico-based Brandon Vazquez and Alex Zendejas, US Soccer announced on Sunday. Pochettino was forced into the moves after losing three players to injury for the games against Panama on Saturday and Mexico three days later. Monaco…
Portugal, the world’s leading cork producer, is finding new uses for the material, from footwear to furniture, as demand for wine bottle stoppers wanes. Producers highlight the environmentally friendly properties of cork, which is lightweight, recyclable, waterproof and fire-resistant, to encourage its use in diverse settings. Cork is obtained by stripping the bark of cork…
China’s meteoric rise as the world’s powerhouse of electric vehicle production makes Western efforts to curb their exports a tough sell — and means they could even stifle the fight against climate change, analysts warn. The European Parliament is expected to vote Friday on whether to impose hefty tariffs on imported EVs from China —…
Chinese stocks surged higher Monday after further economic stimulus measures, while investor caution weighed on US and European stocks after solid gains chalked up last week. A profit-warning from auto giant Stellantis and from Britain’s Aston Martin sent shivers through the industry, adding to the temptation to lock in gains on the final trading session…
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